As first covered in Bitcoin Magazine on April 6, Buncombe County, North Carolina proposed a one-year moratorium on bitcoin mining and held a public hearing on May 2.The text of the proposal stated that the moratorium,…
Standard Chartered Report Structurally Values Ethereum at ‘$26K…
A report published by the British bank Standard Chartered indicates the company’s analysts are bullish about the crypto asset ethereum. The bank’s analysts think that bitcoin could reach $175K and said “structurally, we ‘value’ ethereum…
WUSD: The Next Generation Stablecoin for DeFi
press release PRESS RELEASE. Within the DeFi space, Wault Finance has demonstrated its revolutionary nature by developing multiple innovative products. The protocol is one of the fastest growing projects in the DeFi sector, providing users…
Demand for Crypto Mining Rigs in Vietnam Rises…
Higher cryptocurrency prices recently have restored interest in digital coin minting in Vietnam. Crypto mining is once again seen as an investment opportunity with other options being limited by the ongoing coronavirus pandemic that has…
Bitcoin Turning Bearish? Leverage Ratio Shows Sell Signal
The Bitcoin leverage ratio is showing a sell signal right now, indicating that the market could turn bearish, at least in the short term. Bitcoin Leverage Ratio Says Not A Good Time To Buy Right…
Is BitGo Behind El Salvador’s Chivo Wallet? This…
Where did BitGo come from? In all of this time covering El Salvador’s Bitcoin Law, the name wasn’t in the picture. Now, all of a sudden, Forbes claims that BitGo’s technology is behind the controversial…
NBA Legend Stephen Curry Partners With Bitcoin Exchange…
Bitcoin and crypto exchange FTX has announced a long-term partnership with NBA superstar Stephen Curry. As a global ambassador, Curry will receive an equity stake in FTX.com and his foundation, Eat.Learn.Play, will partner with the…
Flash Crash, Ethereum Tests Support With 17% Drop…
After leading the crypto market rally for several weeks, Ethereum faces the return of the bears. The second cryptocurrency by market cap was pushing into the $4,000 resistance before a selloff sent it back to…
Microstrategy Avoids ‘Multi-Billion Dollar Mistake’ by Choosing Bitcoin…
Nasdaq-listed company Microstrategy has avoided a “multi-billion dollar mistake” by choosing to invest in bitcoin instead of gold. The company now holds about 108,992 bitcoins. ‘Multi-Billion Dollar Mistake’ Avoided The Nasdaq-listed software company Microstrategy has…