Commentary Anyone who watched television during 2022 saw the ubiquitous TV commercials for Grayscale, which manages the world biggest Bitcoin investment fund. Those ads touted Bitcoin as “the future” and should be part of a retiree’s portfolio. But investors in Grayscale Bitcoin Trust (GBTC) are facing both a problem and an opportunity. The problem? GBTC […]
Posts Tagged ‘bitcoin’
Bitcoin’s drop in value triggered by FTX fiasco a “deadly blow” to El Salvador’s financial solvency


(NaturalNews) (Natural News) Bitcoin’s sudden drop in value, triggered by the collapse of cryptocurrency exchange company FTX, dealt a “deadly blow” to the Central American nation of El Salvador.The most popular crypto token saw a 21 percent drop in its value, with its price hitting the lowest in two years. While the ongoing global economic […]
What Happens To Bitcoin After The Ethereum Merge? – GreatGameIndia


According to Vitalik Buterin, the creator of Ethereum, the second-largest digital currency in the world is anticipated to finish making the switch from Proof of Work (PoW) consensus, which consumes a lot of energy, to Proof of State (PoS) consensus, between September 13 and September 15. How will The Merge, which is believed to fundamentally […]
Colorado Becomes First State To Accept Bitcoin As Payment For Taxes


Gov. Jared Polis announced the implementation of the new payment method on Monday, at Denver Startup Week, according to a report by Axios Denver. The state government’s Department of Revenue now lists “cryptocurrency” as a payment method among the more well-established debit and credit cards, ACH debit and credit, and cash. However, users interested in parting with their […]
What Happens To Bitcoin After The Ethereum Merge?


According to Vitalik Buterin, the creator of Ethereum, the second-largest digital currency in the world is anticipated to finish making the switch from Proof of Work (PoW) consensus, which consumes a lot of energy, to Proof of State (PoS) consensus, between September 13 and September 15. How will The Merge, which is believed to fundamentally […]
What a bad joke! These crypto-creeps and thieves are telling you all is well after Bitcoin went from $68,000 to $20,000 in less than a year.


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Bitcoin Surges As White House Unveils Crypto Executive Order


Looks like Yellen’s comments on tomorrow’s Executive Order were accidentally posted a day early (now removed). https://t.co/k9jZJcPhS4 got them, though – https://t.co/EtOq1eNHRI — Matt Corallo (@TheBlueMatt) March 9, 2022 The lack of anything existentially challenging in her statement helped send bitcoin prices north of $42K, levels it hasn’t seen since March 2, and since The […]
Biden Admin To Regulate Bitcoin ‘As A Matter Of National Security’; Report


The White House wants to bring order to the ‘haphazard approach’ that is currently being employed by regulators to Bitcoin and cryptocurrency. The White House wants to set out a cohesive set of policies to regulate Bitcoin and cryptocurrencies as currently legislation and its enforcement are scattered across sectors and agencies, according to multiple reports. […]
MicroStrategy CEO and Bitcoin Bull Michael Saylor Says Company Could Generate Huge Income From Its Bitcoin Holdings


MicroStrategy CEO Michael Saylor says that the company could produce revenue from its huge Bitcoin holdings. What Happened: Saylor said the company has close to 122,478 Bitcoins, and it could lend some of it to a counterparty to generate income. He also said that MicroStrategy could put its Bitcoin into some form of partnership with a […]
Marathon Digital Bounces With Bitcoin, Ethereum: But Will It Be Enough to Buck the Trend?


On Nov. 15, Marathon Digital Holdings Inc. plummeted over 27 percent after the company disclosed it had received a subpoena from the U.S. Securities and Exchange Commission asking it to produce communications and documents related to its data-center facility in Hardin, Montana. Between Tuesday and Thursday, the sell-off continued and Marathon Digital pulled back a […]
El Salvador: Bitcoin Machines Burned And Thousands Take The Streets


Above photo: AFP. On Wednesday, thousands took to the streets of El Salvador to protest President Nayib Bukele and his new Bitcoin law. Workers, students, union and peasant organizations, feminist groups, human rights activists, and even judges took to the streets on Wednesday in El Salvador. It was the country’s largest mobilization in decades. Among […]
Bitcoin the Messiah: El Salvador Goes Crypto


In a particular deli store in South Melbourne, a tongue-and-cheek message is attached to the cash register. “Bitcoin accepted there,” it proclaims brightly. Naturally, it is nothing of the sort, a teasing ruse for the punters and those casting an eye in the direction of the store. Cold hard cash remains king, albeit one with […]
Salvadorans Reject The Adoption Of Bitcoin As National Currency


Above Photo: Hundreds of Salvadorans took to the streets of El Salvador’s capital on September 7, to protest the adoption of Bitcoin as national currency. Jaime Guevara. Many fear that the volatility of the cryptocurrency will affect their income and purchasing power. They condemned that it is not suitable for small vendors and only benefits […]
Bankers say El Salvador’s bitcoin experiment is a warning to other countries


El Salvador does not have a currency of its own, instead relying on the US dollar. Adding another currency to the mix that’s prone to wild changes in value will further complicate the government’s budget and tax planning. It’s also a nightmare for households and businesses, who now have to devote time and resources to […]
IMF Jews Panic About Bitcoin Victory in El Salvador


El Salvador just made bitcoin legal tender and the IMF jewboys aren’t happy about it. Chron: On June 9, El Salvador became the first country to approve the use of Bitcoin as legal currency . But while the president of the Central American country, Nayib Bukele , celebrates the decision of the Legislative Assembly in style, the International Monetary Fund (IMF) considers that perhaps it was […]
Bitcoin Is Now Legal Tender In El Salvador


SAN SALVADOR, El Salvador (AP) — El Salvador’s Legislative Assembly has approved legislation making the cryptocurrency Bitcoin legal tender in the country, the first country to do so, just days after President Nayib Bukele made the proposal at a Bitcoin conference. The digital currency can be used in any transaction and any business will have […]
US recovers most of Colonial Pipeline bitcoin ransom


The chief executive of the massive fuel pipeline hit by ransomware last month is expected to detail his company’s response to the cyberattack and to explain his decision to authorise a multimillion-dollar payment when he testifies before Congress this week. Colonial Pipeline CEO Joseph Blount will face the Senate Homeland Security Committee on Tuesday, one […]
How Did FBI Get Private Key to Bitcoin Wallet Used by Pipeline Hackers?


Via: Bloomberg: In the digital world, though, it’s a simple matter to then transfer those Bitcoins to another address. And another. And another. This is done to obscure a trail and mask the flow of funds, kind of like money laundering. By May 27, the FBI had identified at least two dozen different Bitcoin addresses used […]
Bitcoin mining is helping Iran avoid US sanctions, study shows


A new study has found that Iran now accounts for 4.5 per cent of the world’s bitcoin mining and that the country is using the technology to generate hundreds of millions of dollars in cryptocurrency assets to circumnavigate crippling sanctions imposed by the US and other countries. Washington has subjected Tehran to economic penalties since […]
Elon Musk Wrong About Bitcoin Energy Consumption?


ELON MUSK Wrong About Bitcoin Energy Consumption? – powered by ise.media Elon Musk and Janet Yellen are suddenly ‘concerned’ about Bitcoin’s environmental impact. But is Bitcoin really that harmful? Our interview with Bob Burnet explains just how wrong their statements are and how Bitcoin is actually paving the way for energy efficiency. ******** Support Truth […]
Bitcoin Energy Use Is Far Lower Than Banking System & Gold Industry, Report


Amid all the contention of the last few days, sparked by Elon Musk’s virtue-signaling, the noise-to-signal ratio around the crypto market’s energy use has gone to ’11’ on the Spinal Tap amplifier of social justice. However, those darn ‘facts’ and ‘science’ keep getting in the way of the ‘bitcoin = bad guy destroying the earth’ […]
Gates Divorce, Lockdown Commie, Bitcoin Salary – New World Next Week


Podcast: Play in new window | Download | Embed Watch on Archive / BitChute / Minds / Odysee / YouTube This week on the New World Next Week: the Gateses get a divorce; literal commies want to lock you down and change your behaviour; and an NFLer converts his salary to bitcoin. CLICK HERE for show notes and mp3 Filed in: Videos Source
“You’d Have To Shut Down The Internet” To Ban Bitcoin, Says SEC’s Hester Peirce


“I think we were past that point very early on because you’d have to shut down the Internet,” Peirce said, adding, “I don’t see how you could ban it. You could certainly make the effort. It would be very hard to stop people from [trading Bitcoin]. So I think it would be a foolish thing […]
Bitcoin Crashes As Millions Cash Out To Invest In Dr. Seuss Books


Bitcoin Crashes As Millions Cash Out To Invest In Dr. Seuss Books U.S.—Millions are selling off their Bitcoin in order to invest in Dr. Seuss books, financial analysts are confirming today, leading to a major crash in the cryptocurrency. The banned books are becoming a hot commodity, with millions liquidating all their other assets to […]
Bitcoin Hits $1 Trillion Market Cap, Soars To Another Record High


NEW YORK/LONDON (Reuters) – Bitcoin touched a market capitalization of $1 trillion as it hit yet another record high on Friday, countering analyst warnings that it is an “economic side show” and a poor hedge against a fall in stock prices. The world’s most popular cryptocurrency jumped to an all-time high above $54,000, setting it on course […]
How Bitcoin went from cowboy currency to commonplace


Gone are the days when the word Bitcoin would conjure images of illicit drug buying on dark web marketplaces — perceptions have shifted. Homes have been put up for sale with a price tag in Bitcoin and with retailers implementing payment systems that allow Bitcoin transactions, DIY gear, fast food and coffees can all be […]
Bitcoin price fluctuations in Iran


With the rise of dollar in Iran The price of bitcoin breaking records every day! Despite the relative stability of the dollar, the price of each bitcoin unit has increased from less than 100 million tomans to more than 361 million tomans in one year. The global price of bitcoin has not reached the highest […]
Bitcoin uses more energy than all of Argentina


Bitcoin is a huge energy hog. And Tesla’s recent announcement that it had bought $1.5 billion bitcoin — and will soon accept the cryptocurrency as payment for its cars — will only encourage more energy usage. Inhabitat reported on Bitcoin’s out-of-control energy use in 2018. Back then, we noted that Bitcoin was on track to use as much energy […]