The top 20 coins by market capitalization are all seeing green after wavering slightly earlier today. Jan. 1 — the top 20 coins are seeing moderate gains over the 24-hour period. Bitcoin has scaled back above $3,800 after falling below the mark earlier today. Market visualization from Coin360 At press time, Bitcoin (BTC) is up […]
Continue ReadingThe government of Abkhazia has cut off power to 15 crypto mining farms due to concerns over electricity consumption. The government of the Republic of Abkhazia has cut power to some cryptocurrency mining farms due to electricity concerns, state electric utility Chernomorenergo RUE announced in a Facebook post on Dec. 31. Per the announcement, Chernomorenergo […]
Continue ReadingU.S. Senator Elizabeth Warren, who is also known for her criticism of cryptocurrencies, has jumped into the 2020 presidential race. United States Senator and cryptocurrency critic Elizabeth Warren has announced her bid for President in 2020, the New York Times reported on Dec. 31. Following her announcement, Sen. Warren made plans to visit the state […]
Continue ReadingPopular video game Fortnite has started accepting privacy-focused cryptocurrency Monero as a payment option at it’s online store. Retail Row, the merchandise store for the online video game Fortnite, has started “exclusively” accepting Monero (XMR) as a cryptocurrency payment option, Monero tweeted Jan. 1. Fortnite is an online video game released in July 2017 and […]
Continue ReadingVenture capital investor Fred Wilson has suggested that crypto will not be a safe haven, although “there will be signs of life in crypto land in 2019.” Venture capital investor Fred Wilson suggested that cryptocurrency will not be a safe haven in 2019 amid a “weakening” economy, according to a blog post published Jan. 1. […]
Continue ReadingCryptocurrency is currently “largely usable only by developers” according to the Wall Street Journal. “Few tangible uses for Bitcoin (BTC) and its underlying blockchain technology have emerged,” according to a Wall Street Journal (WSJ) article published Jan. 1. According to WSJ, in 2017 actual crypto development “took a back seat to getting rich.” The article […]
Continue ReadingA source reported that the Indian central bank thinks it is too early to develop or implement a central bank digital currency. The Reserve Bank of India (RBI) is pausing its plans to release a digital currency, Indian business news outlet the Hindu Business Line reported on Jan. 1. India’s central bank had originally announced […]
Continue ReadingMost of the top 20 cryptocurrencies are reporting discreet to moderate losses, with Bitcoin worth less than $3,800 again. Tuesday, Jan. 1 — most of the top 20 cryptocurrencies are seeing discreet to moderate losses, while a handful report gains. Bitcoin’s (BTC) price is under $3,800 again, according to Coin360 data. Market visualization from Coin360 At […]
Continue ReadingProsecutors allege Senator Michael Williams lied about the disappearance of crypto mining equipment worth $300,000. A Georgia state senator has reported to jail over allegedly lying about the theft of cryptocurrency mining equipment worth $300,000, The Guardian reported Dec. 27. Republican Michael Williams, who originally reported the alleged theft in May, made a false police […]
Continue ReadingBitcoin rose from the dead almost 100 times last year alone, while 934 altcoins have perished, data suggests. A look at the history of cryptocurrency in 2018 has shown that Bitcoin (BTC) has risen from a “dead” designation in the media 90 times, data from industry news and information portal 99bitcoins shows. According to the […]
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