A U.S. Congress subcommittee is investigating if domestic extremists are turning to cryptocurrency as a source of funds for their activities. On Feb. 25, the Subcommittee on National Security, International Development, and Monetary Policy will hold a hearing titled “Dollars Against Democracy: Domestic Terrorist Financing in the Aftermath of Insurrection.” A committee memorandum ahead of […]
Category: Bitcoin News
American electric car giant Tesla has seen some substantial gains from its Bitcoin ( BTC ) investment, reportedly having composed to $1 billion inside profit, according to a new review. An expert at Wedbush Securities, a personal investment firm in the United States, has calculated that Tesla has made “roughly $1 billion” within the aftermath […]
On Jan. 26, the internet came to some screeching halt along much of the East Coast. Email services went down; YouTube video clips flickered out midstream; large numbers were likely affected, only when temporarily. But the outage, attributed to a surge in traffic, underscores the metastasizing vulnerabilities surrounding the way most of the globe conducts […]
The first Bitcoin ETF in North America, TSX’s Purpose Bitcoin ETF. had a gangbusters debut today trading nearly hundred buck million in volume. A Bloomberg Law report noted how the ETF saw over $80 million in volume in the first hour of investing, though it’s since slowed down significantly with roughly an additional $15 […]
A small scale study associated with financial executives has discovered that 5% of companies intend to invest in Bitcoin ( BTC ) as a corporate asset this year, with a further 11% saying they could do so by 2024. The survey conducted by Gartner comes on the back of news that Tesla spent 8% , […]
Bitcoin ( BTC ) price submitted a 25% gain following this week’s news of Tesla’s $1. 5 billion BTC investment came out. Prior to this particular reveal, BTC was lagging behind Ether’s ( ETH ) functionality by 7. 5% but the numerous bullish events of the past few days helped BTC to hit a new […]
The exponential within Bitcoin ’s price and hash rate is driving experts to once again question the largest blockchain’s energy efficiency — with calls for “green hackers” to band together in order to mount an attack on the system. Total world manufacturing and consumption vs . Bitcoin. Source: CBECI The self styled “developer plus ecologist” […]