10 common crypto terms you need to know

    Let’s take a look at some of the most common cryptocurrency lingo, invites Kim Komando from FOX News. Despite Bitcoin launching way back in 2009, it’s only until recently that you can’t turn on the news or browse the web without coming across some mention of cryptocurrency. I got so many questions from my readers…

    Crypto Trends Weekly Nov. 13 – 19

    Breaking crypto news from the last week (Nov. 13 – 19, 2021): Nov. 13: The US Securities and Exchange Commission (SEC) has rejected a proposal to launch a spot Bitcoin exchange-traded fund (ETF) that would actively track the price of BTC. Cboe BZX exchange had applied back in March; however, the SEC stated that not…

    El Salvador plans to build a ‘Bitcoin City’ and mine crypto using volcano energy

    El Salvador announced Saturday plans to create a “Bitcoin City” near a volcano funded by the cryptocurrency, the President said. Also, the country plans to partner with Blockstream, a digital assets infrastructure company, to raise about $1 billion via a “Bitcoin Bond.” The Central American nation plans to build a “Bitcoin City” near the Conchagua…

    The NFT Bay ‘pirate’ website sparks controversy over NFTs

    A critic of non-fungible tokens has created The NFT Bay, a site that mimics the Pirate Bay, to distribute NFT images in bulk. It was started by digital nomad Geoffrey Huntley to state the shortcomings of NFTs. The NFT Bay has only copied publicly available images; still, the copyright issues around this are unclear. As…

    Crypto exchange Gemini raises $400 million in funding, hitting a $7.1 billion valuation

    One of the world’s leading crypto exchanges, Gemini, has secured $400 million in a recent investment round led by Morgan Creek Capital. The funding round values the company at $7.1 billion. Gemini also plans to invest heavily in alternative metaverse proposals. Gemini, the cryptocurrency platform and exchange founded by twins Cameron and Tyler Winklevoss, has…

    Bitcoin’s drop to $56,000 may have been the local bottom

    After a fantastic price run hit a new all-time high of over $69,000 on November 10, Bitcoin’s price to drop to $55,705 just 9 days later. Though, Marcel Pechman sees 3 reasons why that significant drop may have been the local bottom. Bitcoin has been on a fantastic price run since the announcement of the…