Although the cryptocurrency market has recently been in a bear market, some experts in the field think it will soon recover and become stronger. Leah Wald, CEO of Valkyrie, stated in an interview with Blockworks that she thinks the cryptocurrency market will survive the current crypto winter stronger than ever. Over the previous nine months, the … Read more
On July 26, bitcoin (BTC) dropped to $21,000 when it became public that a major cryptocurrency exchange in the United States, Coinbase, was the subject of an investigation. The Bitcoin Price Has Reached an “Extremely Crucial” Level of $21,000 As news of new legal problems for Coinbase regarding securities trading, the Bitcoin to United … Read more
In the second quarter of 2022, the major electric motor firm Tesla, also one of the businesses that had acquired the highest quantity of bitcoins, carried out a sale representing seventy-five percent of its bitcoin holdings. According to the report that Tesla released during the second quarter: “After the second quarter, we converted around 75 … Read more
Ryan Felton, a film producer, based in Atlanta, has pled guilty to charges that indicate he operated a cryptocurrency scheme that resulted in the theft of more than $2.5 million from cryptocurrency investors. The film producer, indicted in the United States for his activities around the cryptocurrency projects Flik and CoinSpark, reported that the film … Read more
The South Korean government has taken steps to push back the implementation of any new cryptocurrency taxes until 2025. The country has pointed to the current state of the market as one of the reasons for making this decision. This is a significant development, given that South Korea is one of the most important markets … Read more
The disgraced creators of Three Arrows Capital opened up about the terrible demise of their once-flying hedge fund after spending five weeks in hiding. They said that the reason they went undiscovered was that they had received threats to their life. According to Bloomberg, Su Zhu and Kyle Davies, both 35 years old, asserted on … Read more
As of July 24, Bitcoin (BTC) was holding steady at $22,000, and bulls were still hoping for a strong weekly close in the green. Price Concentration Levels at Weekend According to data from TradingView, BTC/USD stopped falling over the weekend at $21,900 and started to move back toward $23,000. The pair maintained a trading range … Read more
Jordan Belfort, a former Wall Street trader, turned novelist, is the author of The Wolf of Wall Street, which Martin Scorsese converted into a movie in 2013. Former stockbroker Jordan Belfort, whose life inspired the blockbuster film The Wolf of Wall Street, has cautioned against investing in bitcoin with a “12-month or 24-month horizon”. While … Read more
William Volk, a seasoned gamer who also serves as the primary consultant for the Shiboshi game developed by Shiba Inu Games, claims that “something” seems to be developing around SHIB. The game veteran replied to a teaser video of a dreary rainfall that the Shiba Inu official Twitter account had tweeted. Hmm.. Something’s coming. https://t.co/16AbW3wLS2 … Read more
According to the Bitcoin Mining Council’s most recent Q2 2022 report, almost 60% of the electricity used to power Bitcoin mining equipment comes from green sources (BMC). In its Q2 review of the Bitcoin network, released on July 19, the BMC found that the worldwide Bitcoin mining industry’s use of renewable power is up 6 … Read more