David Marcus, the former head of Meta Platforms Inc-owned Facebook’s crypto project Diem, has launched a Bitcoin payments startup. What Happened Marcus and a few ex-Meta crypto team members have started a new venture, according to a report from TechCrunch on Thursday. The new company, called Lightspark, would build on the Bitcoin Lightning Network. It will reportedly…
Bitcoin Tumbles to Lowest Value Since July 2021
The cryptocurrency bitcoin fell to its lowest value since July 2021 during May 9 trading amidst a fall in stock indexes as central banks around the world raised key interest rates. After opening at about $34,000, bitcoin was trading at $32,152 as of 16:38 UTC (12:38 p.m. Eastern time). Compared to the 2022 peak of…
Bitcoiners Criticize House Democrats’ Letter to EPA
May 3, 2022
admin
bitcoinBusiness & EconomycongresscryptocurrencyDemocratseconomic policieseconomyFloridaInvestmentLocal NewsMarketsMiamiNorthern CaliforniaPoliticsPOWRegional-Local NewsUSWorld
0 Comment
Jack Dorsey, Anthony Scaramucci, Michael Saylor, and other high-profile Bitcoiners have cosigned a letter to the Environmental Protection Agency (EPA) challenging House Democrats’ claims that their cryptocurrency threatens the environment. Peter St Onge, an economist with the Heritage Foundation, voiced agreement with the letter in an interview with The Epoch Times. “Bitcoin is orders of…
Swiss National Bank Opposed to Holding Bitcoin as a Reserve Currency
ZURICH—The Swiss National Bank is against buying and holding bitcoin as a reserve currency, Chairman Thomas Jordan said at the central bank’s annual general meeting on Friday. “Buying bitcoin is not a problem for us, we can do that either directly or can buy investment products which are based on bitcoin,” Jordan said. “We can…
Four Takeaways From Buffett’s Remarks on Berkshire Hathaway Annual Meeting
April 30, 2022
admin
Berkshire HathawaybitcoinBusiness & EconomyCompanieseconomic policieseconomyinflationUSUS NewsWarren Buffett
0 Comment
Berkshire Hathaway Inc. kicked off its annual meeting on Saturday in Omaha, Nebraska. Warren Buffett, CEO of the company, and Berkshire’s vice chairman discussed a wide range of topics at the opening of the meeting. Tens of thousands of investors packed an Omaha arena Saturday at Berkshire’s annual meeting that was back in person for…
4 Takeaways From Buffett’s Remarks at Berkshire Hathaway Annual Meeting
April 30, 2022
admin
Berkshire HathawaybitcoinBusiness & EconomyCompanieseconomic policieseconomyinflationUSUS NewsWarren Buffett
0 Comment
Berkshire Hathaway kicked off its annual meeting on April 30 in Omaha, Nebraska. Warren Buffett, CEO of the company, and Berkshire’s vice chairman discussed a wide range of topics at the meeting’s opening. Tens of thousands of investors packed an Omaha arena at Berkshire’s annual meeting, which was back in person for the first time…
Crypto Miners’ Electricity Use in Texas Would Equal Another Houston
By Naureen S. Malik From Bloomberg News The Texas grid operator expects to increase electricity demand by up to 6 gigawatts by mid-2023, more than enough to power every home in Houston. The forecast from the Electric Reliability Council of Texas is the first official estimate on how much stress miners are apt to put…
Why Is Tennessee Looking for a Crypto Custody Service Provider?
The Tennessee Department of Treasury is seeking vendors who can manage cryptocurrency on their behalf. In a request for proposals (RFP) letter, the department said that Tennessee doesn’t possess cryptocurrencies at present, but is working to safely hold digital assets in the near future. The department will first ensure the crypto custody service provider can provide services…
Business Chart of the Day: Bitcoin’s Support at This Area
Since April 11, every time Bitcoin dropped to levels around $39,665, it reversed. That’s because there is support there. Support is a large group of investors who are all looking to buy something at, or close to, the same price level. At support levels, there are typically more buyers than sellers. The demand from the…
Crypto Exchange Currency.com Registers With FinCEN: A New Compliant US Crypto Exchange
April 22, 2022
admin
bitcoinBusiness & EconomycryptocryptocurrencyCurrency.comFinancial Crimes Enforcement Network (FinCEN)Markets
0 Comment
Cryptocurrency and tokenized asset exchange Currency.com set its foot in the United States following registration with the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) as a money services business. In an announcement shared with Benzinga on Thursday, Currency.com announced that it will launch in 48 states and territories across the United States and…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta