Bitcoin Mining: Key Stat Exposes Ridiculous Energy Consumption FUD

Bitcoin Mining: Key Stat Exposes Ridiculous Energy Consumption FUD


By CCN: Antoine Le Calvez, a researcher for CoinMetrics, set out to determine how Bitcoin’s environmental impact compares to that of the auto industry. His striking conclusion? US vehicles consume roughly the same amount of energy in three days as Bitcoin has consumed in its entire existence. Read more

Asset Manager Warns of ‘New Lows’, Predicts Bitcoin Price Crash to $1,000

Asset Manager Warns of ‘New Lows’, Predicts Bitcoin Price Crash to $1,000


According to Tyler Jenks, the president of Lucid Investments, bitcoin could fall back to $4,200 in the near future and may eventually drop to $1,000. Read more

Bitcoin is #1 Trending on China’s Biggest Search Engine During 2019 Highs

Bitcoin is #1 Trending on China’s Biggest Search Engine During 2019 Highs


Bitcoin is now top of the list of trending keywords in the Baidu search engine, China’s equivalent to Google. Read more

Crypto Market ‘Bullish’ in Wake of Bitcoin’s 20% Surge

Crypto Market ‘Bullish’ in Wake of Bitcoin’s 20% Surge


Cryptocurrency prime dealer SFOX released its monthly volatility report this week, and while it is not all plain sailing for the crypto market the indicator clearly affirms that this week’s massive Bitcoin price rally was built on a firm foundation. Read more

Bitcoin Price Could Blitz Beyond $150,000 During Next Bull Cycle in 2023

Bitcoin Price Could Blitz Beyond $150,000 During Next Bull Cycle in 2023


Despite the 82 percent drop in the valuation of the crypto market in the past year and the inability of bitcoin to recover beyond $4,000 in the past three months, one analyst sees the dominant cryptocurrency surpassing $150,000 by 2023. Read more

Canada Schemes to Launch Audits Against Bitcoin Tax Evaders

Canada Schemes to Launch Audits Against Bitcoin Tax Evaders


The Canada Revenue Agency (CRA) is reportedly targeting Bitcoin investors as well as other cryptocurrency users with federal tax audits. Read more

Fake News: Japan’s Largest Bank isn’t Launching a Cryptocurrency

Fake News: Japan’s Largest Bank isn’t Launching a Cryptocurrency


Several crypto media outlets have reported that Japan’s Mizuho, the country’s largest bank, and dozens of others are launching a blockchain product. According to Quartz, however, these reports are false in the extreme: J-Coin has nothing to do with cryptocurrency or even blockchain in general. Read more

Korea Exchange Official: US Decision on Bitcoin ETF Will Set Tone for Local Crypto Market

Korea Exchange Official: US Decision on Bitcoin ETF Will Set Tone for Local Crypto Market


An official at South Korea’s sole securities exchange operator, the Korea Exchange (KRX), says the bourse is closely eyeing developments from United States regulators in regard to Bitcoin (BTC) exchange-traded funds (ETFs). The official, reportedly speaking on condition of anonymity, was cited by local English-language daily The Korea Herald on Feb. 20. Read more

Bitcoin Hits Highest Volume in 9 Months: Is Crypto Ready to Take Off After Massive Gains?

Bitcoin Hits Highest Volume in 9 Months: Is Crypto Ready to Take Off After Massive Gains?


In the last 24 hours, the valuation of the crypto market increased by $8 billion as the Bitcoin price neared the crucial $4,000 resistance level. Read more

Why Japan Might Quash Brock Pierce’s Plans to Re-Launch Notorious Bitcoin Exchange Mt. Gox

Why Japan Might Quash Brock Pierce’s Plans to Re-Launch Notorious Bitcoin Exchange Mt. Gox


Ever since the security breach of Coincheck in January 2018, formerly the largest crypto exchange in Japan, local authorities have imposed a stricter process in granting licenses to trading platforms that support Bitcoin and other cryptocurrencies. Read more
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