FTX Collapse Reaffirms Bitcoin Is Not ‘Digital Gold’
John Ray III oversaw the bankruptcy winding up of Enron when the giant energy trading firm collapsed in an inferno of fraud and abuse in 2001....
Category: bitcoin
What makes bitcoin the best crypto?
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Bitcoin Whales Underwater as Markets Mirror in Late 2018
In its ‘Week on-chain’ report on November 21, blockchain analytics firm Glassnode reported that recent market weakness has “shaken the confidence of Bitcoin holders.” It measured...
Does Bitcoin Mining Make Any Profit?
Bitcoin mining is performed using specialized processing equipment, and miners are paid in Bitcoin in exchange for validating transactions on the blockchain by solving a challenging...
Brian Armstrong Buoyancy on Bitcoin, Will Meme Coins Like Big Eyes Stay?
“I’m as bullish on crypto as ever.” Brian Armstrong, CEO of Coinbase said in a interview with Hanna Murphy of the Financial Times. A bold claim,...
Bitcoin Miner Cleanspark Buys 3,853 Bitmain-Made BTC Mining Rigs For $5.9 Million – Mining Bitcoin News
On November 1, 2022, bitcoin miner Cleanspark revealed that they purchased 3,853 Bitmain-branded Antminer S19J Pro mining rigs for $5.9 million. According to Cleanspark, the company...
US senators urge Fidelity to reconsider its Bitcoin offerings after FTX explodes
US Senators Elizabeth Warren, Tina Smith and Richard Durbin have renewed their calls for Fidelity Investments to reconsider offering a Bitcoin (BTC)-linked 401(k) retirement product. In...
US senators urge Fidelity to reconsider its Bitcoin offerings after FTX explodes
US Senators Elizabeth Warren, Tina Smith and Richard Durbin have renewed their calls for Fidelity Investments to reconsider offering a Bitcoin (BTC)-linked 401(k) retirement product. In...
How Bitcoin Can Help Growth in Developing Economies
Many developing countries have undoubtedly had their share of economic struggles. Some of these nations have unstable and unreliable fiat currencies. Consequently, they are embracing Bitcoin...
Federal Reserve Bank President Says “The Whole Concept of Crypto Is Bullshit” – Regulation Bitcoin News
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says that the crypto exchange FTX is not “a fraudulent company in a serious industry”....