Green policy and crypto energy consumption in the US. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies, necessitate very high consumption of electric energy, currently produced with coal and fossil fuels with adverse environmental effects. A global shift towards green energy will require the removal […]
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Sources offer increasingly different outlook for Bitcoin price by 2020, with technical analysts more bearish. Bitcoin (BTC) price fell below $10,000 again on July 26 amid mixed conclusions about where markets are likely to go this year. Market visualization. Source: Coin360 Bitcoin price headed to $7,000 or $20,000? Data from Coin360 showed renewed selling pressure […]
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Bitcoin was freely crossing the $10,000 mark Tuesday after losing another 6% in daily trading. Bitcoin (BTC) price slid back under $10,000 July 23 after a period of sideways action broke down to send the largest cryptocurrency back to four figures. Market visualization. Source: Coin360 Bitcoin price swirls around five figure mark Data from Coin360 […]
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A blanket ban on cryptocurrencies has been reportedly recommended by an Indian government panel. An Indian government panel recommended a ban on cryptocurrencies, Reuters reports on July 22. Is India finally about to ban cryptocurrencies? The panel recommended to the government today to ban cryptocurrencies and impose sanctions for any dealings involving crypto assets. Reuters […]
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Bitcoin will be the part of crypto innovation that really changes changes the world, the billionaire investor tells mainstream media. Bitcoin (BTC) will be the ultimate benefactor from interest in Facebook Libra and cryptocurrencies, billionaire Tim Draper has said. Bridges to a ‘Bitcoin environment’ Speaking to CNBC in an interview on July 19, Draper, who […]
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U.S. politicians tell a Facebook exec that Libra endangers Americans more than 9/11, BitMEX lands in hot water and Vitalik Buterin reveals his big idea for Ethereum. Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, […]
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All top-20 coins by market cap are seeing significant gains, while Bitcoin approaches 11,000. Saturday, July 20 — crypto markets have seen another upward move, with all top 20 coins by market cap seeing major gains, while Bitcoin (BTC) has approached $11,000 mark again. Market visualization from Coin360 After dipping below the $11,000 threshold on […]
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India’s Minister of State for Finance says there is no law that specifically bans cryptocurrency use in India. India’s Minister of State for Finance Anurag Thakur has said that there is no law in India expressly prohibiting the use of cryptocurrencies. Local media outlet Inc42 reported Thakur’s statement on July 19, The statement came during […]
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Patrick McHenry warned lawmakers that they would ultimately fail if they attempted to control decentralized cryptocurrencies. Bitcoin’s (BTC) plight in Congress has seen attention focus mainly on naysayers, but this week’s hearing also saw United States politicians accept it was always beyond their control. ‘Governments cannot stop this innovation’ During testimony on July 17, U.S. […]
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IMF chief economist Gita Gopinath has called on global regulators to be vigilant and take the proper regulatory steps regarding Facebook’s Libra. The International Monetary Fund (IMF) has called on global regulators to pay attention and take proper regulatory action regarding Facebook’s Libra. Speaking with Reuters on July 17, Gita Gopinath, chief economist at the […]
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