Ethereum bulls retain hopes of $10K despite ETH price chart bear flag
Ethereum risks dropping to $3,200 as its latest ETH price decline triggers a classic bearish setup. Go to Source Powered by WPeMatico
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Salvadoran Ecologist Claims Nayib Bukele’s Volcano-Powered Bitcoin Mine Will ‘End in Environmental Disaster’
El Salvador’s leading ecologist Ricardo Navarro believes that mining bitcoin with a volcano, or geothermal energy, will “end in environmental disaster.” Navarro believes geothermal energy costs more than oil, and thinks El Salvador’s millennial president Nayib Bukele’s decision is questionable. Salvadoran ecologist Ricardo Navarro Questions His Country’s Volcano-Powered Bitcoin City Venture During the second week … Read more
Berkshire’s Charlie Munger Praises China for Banning Crypto — Wishes Crypto Had Never Been Invented
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says China did the right thing to “ban” cryptocurrencies, including bitcoin. He wishes that cryptocurrencies had never been invented, emphasizing that he will not participate in the crypto boom. He considers “this era even crazier than the dot-com era.” Warren Buffett’s Right Hand Man, Charlie … Read more
Ethereum acts as a ‘hedge’ in Bitcoin price crash as ETH/BTC hits 3-year high
The second-largest cryptocurrency posts dwarfed losses compared to Bitcoin’s 21% price decline Saturday. Go to Source Powered by WPeMatico
Bitcoin tumbles below $47K wiping out October gains — Bear market begins?
The price of Bitcoin has fallen to two-month lows as volatility bites. Go to Source Powered by WPeMatico
Elizabeth Warren Queries Bitcoin Mining Operation, US Senator Says Crypto Miners Raise Environmental Concerns
Senator Elizabeth Warren has written a letter to the CEO of the New York bitcoin mining firm Greenidge Generation, Jeff Kirt, asking for details on the company’s emissions. Warren’s letter insists “Greenidge and other [bitcoin mining] plants raise concerns about their impacts on the global environment.” Elizabeth Warren Takes Aim at Bitcoin Mining Operations The … Read more
Increased utility in DeFi, NFTs back Ethereum’s 3-year high in its ETH/BTC pair
Ethereum price hit a new all-time high in its ETH/BTC pair and a classic technical analysis pattern suggests the altcoin has a lot more upside. Go to Source Powered by WPeMatico
Jurors in Billion-Dollar Bitcoin Trial Deadlocked for Days — Hung Jury Could Lead to Mistrial
Jurors in the Kleiman v. Wright trial are currently unable to come to a decision on the high-profile billion-dollar bitcoin lawsuit in Florida. While the judge has told the jury to take time deliberating the case, on Wednesday, the jurors issued a statement that explained they could not “come to a conclusion.” Kleiman v. Wright … Read more
Leading Supermarket Chain in Croatia Introduces Crypto Payments
Customers of the largest supermarket chain in Croatia will be able to pay with cryptocurrency for their orders in the retailer’s online shop. The company plans to soon offer the crypto payment option also at its physical stores throughout the country. Konzum Allows Shoppers in Croatia to Pay With 9 Cryptocurrencies Croatia’s supermarket chain with … Read more
Alternative Investments Like Crypto Form Half of Russian Non-Qualified Investors’ Portfolios
Investments in alternative assets such as cryptocurrencies account for over half of the portfolio of non-qualified Russian investors, a recently held survey has indicated. Almost half of them consider digital currencies like bitcoin as a potential hedge. Cryptocurrencies Outperform Traditional Currencies and Stocks in Russia Alternative investments like crypto, real estate, and antiques constitute more … Read more