Trends

Crypto Trends

Bitcoin Millionaire John McAfee Makes Cuba His Presidential HQ

Bitcoin Millionaire John Mcafee Makes Cuba His Presidential Hq

This is not the first time that McAfee has trashed the U.S. government. Two weeks ago, the software mogul launched a dizzying tirade, where he warned the government to leave him alone, or he will “f***ing bury them.”At the time, McAfee claimed that the Department of Justice was building a sham c

3 days ago
THE FEDERAL RESERVE COULD BE HELPING BITCOIN TO $100K

The Federal Reserve Could Be Helping Bitcoin To $100k

The U.S. Federal Reserve’s latest moves might be unintentionally propelling Bitcoin to new 2019 highs with renewed impetus. On Jun 19, 2019, Jerome Powell, the chairman of the Fed announced the decision to maintain the benchmark for the federal funds interest rate within the target range of 2.25%

4 days ago
Bitcoin usage creates over 22 megatonnes of C02 emissions: Study

Bitcoin Usage Creates Over 22 Megatonnes Of C02 Emissions: Study

Researchers from Technical University of Munich (TUM) in Germany carried out the most detailed calculation of the carbon footprint of the Bitcoin system to date.The use of Bitcoin -- a popular virtual currency -- emits over 22 megatonnes of carbon dioxide annually, comparable to the total emissions

9 days ago
A Boon for Bitcoin? Italian Government Proposes Tax on Savings in Held in Bank Safes

A Boon For Bitcoin? Italian Government Proposes Tax On Savings In Held In Bank Safes

The Deputy Prime Minister of Italy has proposed a new tax on cash and other valuables held by citizens at banks. If actually imposed, the measure could drive people towards Bitcoin as a way to keep their savings safe from cash-strapped government ministers.The proposal comes as rising geopolitical t

14 days ago
Facebook to launch its Bitcoin rival as soon as this month

Facebook To Launch Its Bitcoin Rival As Soon As This Month

Facebook has been working on its own cryptocurrency for quite a while now, and it looks like the company is seeking to unveil its product as soon as its month.Libra, the Facebook-made Bitcoin rival, will not actually be similar to Bitcoin, just in case you’re already thinking about investing in it

18 days ago
What to Expect When the IRS Alters Its Bitcoin Tax Policy

What To Expect When The Irs Alters Its Bitcoin Tax Policy

The TakeawayComing guidance from the IRS will address longstanding questions about the tax treatment of cryptocurrency.The tax collector has identified several specific issues it will discuss, including whether investors owe taxes on free crypto they get from a fork.The industry is also hoping for c

19 days ago
Bitcoin (BTC) Going Full ‘Bull-tard’ Now Violates Long-Term Trends: Analyst

Bitcoin (btc) Going Full €bull-tard’ Now Violates Long-term Trends: Analyst

Bitcoin (BTC) has been on an absolute tear over the past two months. Since the fateful April 1st, we’ve seen the crypto asset explode by over 100%, pulling up altcoins and arguably catalyzing the next full-on bull rally. Cryptocurrencies have gone so far that they are actually the best-performing

25 days ago
Crypto Market Primed For Gains: Bitcoin Cash, EOS, TRX, ADA Analysis

Crypto Market Primed For Gains: Bitcoin Cash, Eos, Trx, Ada Analysis

The total crypto market cap tested the key support area near $245.0B and bounced back.Bitcoin price jumped sharply after testing the main $8,000 support area.EOS price is up more than 10% and it broke the $8.00 and $8.20 resistance levels.Bitcoin cash price tested the $420 support level and bounced

25 days ago
Crypto Artist Takes Swipe at “Faketoshi” in Latest Piece of Bitcoin Art

Crypto Artist Takes Swipe At €faketoshi” In Latest Piece Of Bitcoin Art

An artist who has made a name for himself with his crypto asset-inspired work has used his latest piece to criticise self-proclaimed Bitcoin creator, Craig Wright. The piece is actually a portrait of the Australian computer scientist and entrepreneur that is entirely made out of toilet paper.The art

30 days ago
Bitcoin nears $9,000 as it breaks through its highest level this year

Bitcoin Nears $9,000 As It Breaks Through Its Highest Level This Year

Bitcoin surged on Monday, hitting a more-than-one-year high and nearing the $9,000 mark.The price of the digital coin hit an intraday high of $8,937.25, according to Coindesk’s Bitcoin Price Index, which tracks the price of the cryptocurrency across several exchanges. That was the highest level si

31 days ago