Tag: Bitcoin

Bitcoin hashrate triples since June 28 as miners are coming back online after China’s crackdown while surging Bitcoin price makes the mining business wildly profitable. Bitcoin topped $50,000 on Monday, benefiting from simultaneous supply chain shortages and a crackdown from Chinese regulators – putting Bitcoin mining on par with profits near the coin’s April all-time-high….

According to a new CoinDesk report, Citigroup is actively recruiting traders to begin working with Bitcoin futures on the Chicago Mercantile Exchange and is awaiting regulatory approval. CoinDesk, citing two sources, including one within the bank, reported that Citi is planning to trade Bitcoin futures contracts on the Chicago Mercantile Exchange (CME). The bank reportedly…

Yes, some criminals use Bitcoin, but the innovation behind this technology improves the financial system, writes Brad Yasar for Сointelegraph. Cryptocurrency is a new technology that has entered the common discourse, setting the stage for a complete upheaval of our long-established financial systems. Of course, some skepticism is unavoidable. Crypto’s association with criminality adds to…

Jordan Peterson, a popular Canadian psychologist, Professor, writer, and public intellectual, released a podcast on Youtube, sharing his thoughts regarding the value of Bitcoin, which is “preferable to gold.” The episode titled “Bitcoin: The Future of Money?” containing an in-depth technical, philosophical, and economic conversation between Dr. Peterson and well-known bitcoiners John Vallis, Richard James,…

Bitcoin has gone up fast and strong – it looks like the “crypto winter” is not coming. Let’s try to figure out what is going on and what to expect. Bitcoin last hit the $ 50K mark exactly three months ago, on May 15th. And now it is getting back up there again. The first…

Jack Butcher, a creator of Visualize Value, an online courses platform, launched the “Care Package” project, which enables crypto and NFTs to play a new role in charitable giving for Afghani citizens in particular. With the rising conflict throughout Afghanistan, Jack sought out NFTs as a way to help those in need. The United Nations…