Buck Bully
[CNBC, Getty Images] In May, Beijing called for a severe crackdown on bitcoin mining and trading, setting off what’s being dubbed in crypto circles as “the great mining migration.” Texas is an ideal destination for miners, thanks to its abundance of solar and wind power, its unregulated market, and its […]
[Forbes] Nayib Bukele, the President of El Salvador, instructed the country’s geothermal electrical company, LaGeo, to put together a plan for establishing Bitcoin mining facilities: El Salvador made a splash this week by becoming the first country to make Bitcoin legal tender. Last night on a Twitter Spaces room hosted by […]
[CNBC | Bloomberg | Getty Images] El Salvador President Nayib Bukele plans to introduce legislation that will make it the world’s first sovereign nation to adopt bitcoin as legal tender. Bukele broadcast his intentions on a video at the Bitcoin 2021 conference in Miami. Bukele said the country is partnering […]
[GO Banking Rates, Getty] Coinbase, which listed Dogecoin on its platform earlier this week, announced it would be giving away $1.2 million in DOGE “to celebrate.” “Opt in and then buy or sell $100 in DOGE on Coinbase by 06/10/2021 for your chance to win,” the company said in a blog […]
[Yahoo! Finance, Getty] After watching bitcoin prices fall through a trapdoor over the past month, the bulls invested in the space have only one good option: stay long. “From here on out you are going to have to be a bit more discerning [in crypto], find projects that are adding value […]
[Fortune] The cryptocurrency bubble has outgrown the 17th century’s Tulip Mania. China just cracked down on privately mined cryptocurrency and we saw the market for Bitcoin fall down a cliff. In an international context of economic instability due to the continuing coronavirus pandemic, skyrocketing commodity prices, and geopolitical tensions, the People’s […]
[CNBC, Getty Images] Billionaire investor Mark Cuban is bullish on the future of cryptocurrency and frequently compares blockchain technology to the early days of the internet. That’s why, over the years, Cuban held onto the few digital coins he bought in the “early days,” Cuban said on a recent episode of “The Delphi Podcast.” Currently, […]
New York (CNN Business)Chipotle is jumping into the bitcoin craze. Sort of. No, the chain isn’t accepting the cryptocurrency as payment for its Mexican dishes. Instead, Chipotle is giving away $100,000 worth of bitcoin on Thursday to celebrate National Burrito Day. The contest marks the first time a US restaurant chain has given […]
[CNBC] Tesla announced in an SEC filing Monday that it has bought $1.5 billion worth of bitcoin. The company also said it would start accepting bitcoin as a payment method for its products. CEO Elon Musk has been credited for raising the prices of cryptocurrencies, including bitcoin, through his messages […]
[Business Insider, Getty Images] Marathon Patent Group announced the purchase 4,812.66 BTC on Monday. The transaction, handled by NYDIG, was worth $150 million. By the end of the first quarter of 2022, bitcoin miner Marathon expects to own and operate over 100,000 bitcoin miners. Cryptocurrency miner Marathon Patent Group announced on Monday […]