Riot Blockchain Experienced Unusual Option Activity That Dropped Their Share Price

    Riot Blockchain has shared information that their shares have undergone unusual option activity and their price has dropped to $ 22.16. It happened after the option warning Sentiment: BULLISH Option Type: TRADE Trade Type: PUT Expiration Date: 2021-05-21 Strike Price: $22.00 Volume: 4327 Open Interest: 2023 Three Indications Of Unusual Options Activity One way options…

    Despite growing risks, bitcoin continues its path to $100k: strategic investor Lyn Alden says

    Strategic investor Lyn Alden is convinced Bitcoin has still the potential to reach $100K in the current bull cycle — despite growing uncertainty and increasing volatility. “We are seeing a lot of froth throughout the industry”, she said, referring to the latest rally in a number of meme coins such as Doge. “Those are kind…

    DeFi is growing, thereby helping to increase the share of cryptocurrency in the global money supply

    This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on stablecoins, altcoins and Bitcoin. While the price action from Dogecoin (DOGE) has dominated the headlines…

    The rise of Polygon and Cardano amid the search for a Elon’s Musk new favorite cryptocurrency

    Proof-of-Stake (PoS) cryptocurrencies Cardano (CRYPTO: ADA) and Polygon (CRYPTO: MATIC) saw a major price growth following recent news that Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk is looking for an energy-efficient alternative to Bitcoin (CRYPTO: BTC). What Happened: Polygon saw its price increase by about 40% from a 24-hour low of $1.343 to a high…

    Bitcoin Mining: Using Burning Natural Gas

    As the value of bitcoin soars and concerns rise about the energy-intensive process needed to obtain it, cryptocurrency entrepreneurs in the United States believe they have found a solution in flared natural gas. Profitably creating, or mining, bitcoin and other cryptocurrencies requires masses of computers dedicated to solving deliberately complicated equations — an endeavor that…

    Samsung: Galaxy smartphones get support for hardware wallets

    Samsung has decided to simplify access to cryptocurrency and transactions for its owners by adding hardware wallet connectivity to Galaxy smartphones. This will allow users to transfer coins to the built-in wallet that comes with most devices in the popular lineup. Update Allows Galaxy Users to Link Their Crypto Wallets to Cold Storage Devices Samsung…

    Despite Energy Concerns, Pantera CEO Says Bitcoin Could Double This Year

    US-based major crypto investment firm Pantera Capital CEO Dan Morehead claims that the price of bitcoin (BTC) still might double this year despite the energy concerns. BTC has been stuck in a trading range for a while now, and Morehead told Bloomberg TV that he thinks it will break out. In their earlier letter to…

    How much of a threat does Bitcoin pose to the environment? Bitcoin’s carbon footprint

    Some Tesla investors, along with environmentalists, have been increasingly critical about the way bitcoin is “mined” using vast amounts of electricity generated with fossil fuels. Musk said on Wednesday he backed that concern, especially the use of “coal, which has the worst emissions of any fuel.” So how dirty is the virtual currency? Power hungry…

    “Crypto Queen” Ruja Ignatova allegedly owns 230,000 bitcoins, Onecoin lawsuit

    Ruja Ignatova of OneCOIN allegedly owns 230,000 bitcoins, worth more than $ 11 billion. Known as “The Crypto Queen”, she received bitcoins from a member of the royal family of the Emirates in Dubai, according to documents filed by victims of the Onecoin scheme Onecoin’s Cryptoqueen May Have $11 Billion in Bitcoin Onecoin’s Ruja Ignatova…

    “Crypto-Artist” in UAE: The first one to sell her work as NFT

    We speak to a Dubai-based digital artist and graphic designer, Gigi Gorlova, who recently sold her 3D artwork as NFTs, becoming one of the first digital designers in the UAE to become a crypto-verified artist. A graphic designer by profession, Gigi has over 12 years of experience, making digital graphics for a wealth of organizations…