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Mike Novogratz: BTC Doesn’t Use That Much Energy

Mike Novogratz – the CEO of Galaxy Digital Holdings Ltd. – says that bitcoin doesn’t consume nearly as much energy as everyone seems to think it does. Mike Novogratz Discusses How Much Energy BTC Really Uses Energy consumption has been a big topic in the world of bitcoin and cryptocurrency over the past year or so. Environmentalists everywhere seem to believe that mining crypto is somehow going to destroy the planet or render it...

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Christine Parlour Discusses How Investors in Crypto Can Stay Safe

Christine A. Parlour is the Sylvan C. Coleman chair at UC Berkeley’s Haas School of Business. She has taught investing courses for years and has recently introduced crypto into some of her courses to help students better understand this risky yet growing industry. Christine Parlour Discusses the Crypto Market In a recent interview, Parlour offered some thoughts on the significance of crypto and how it can potentially change the world...

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El Salvador Buys 21 More BTC Units

El Salvador in Central America has just purchased a total of 21 additional bitcoins. The country has made a habit of “buying dips” every time bitcoin’s price goes lower and this incident was no exception. El Salvador Adds to Its BTC Stash The country initially made headlines several months ago when it was announced it was working on a bitcoin-based financial agenda that would see the cryptocurrency – number one in the world –...

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Michael Saylor of MicroStrategy Has Lots of BTC

Michael Saylor – the CEO of MicroStrategy, the famed software company that has been one of bitcoin’s biggest institutional fans for more than a year – revealed that he has a huge personal bitcoin stash nearing $900 million. MicroStrategy and Michael Saylor Are the BTC Kings MicroStrategy first made headlines in August of 2020. The company purchased approximately $250 million in bitcoin, the world’s number one digital currency...

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Sony to Receive Stolen Crypto Funds Back

Federal prosecutors in the city of San Diego, California have filed a lawsuit to seize more than $150 million in funds that were illicitly seized from the Sony Life Insurance Co. in Japan. The money was transferred through the La Jolla Bank and converted into crypto, where it was later stored in a Coinbase account. Sony Has Been the Victim of a Major Theft The seizure order was issued after the Federal Bureau of Investigation (FBI)...

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Transitioning to Crypto Full Time Has Made Brenda Gentry Rich

Brenda Gentry recently resigned from her job as a mortgage underwriter at USAA, something she did for roughly ten years. She has become rather privy to the crypto scene and wanted to give it a try. Now, crypto has become her career, and she’s making about $80,000 per month. Brenda Gentry Has Transitioned to Crypto Full Time As the head of a crypto consulting firm, Gentry launched the business in San Antonio – where she has lived...

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SPC Miner Sets Its Sights on Kazakhstan for New Mining Rigs

SPC Miner – a crypto mining rig manufacturer that has its headquarters in the United Kingdom – has announced it’s going to start mining digital currencies in Kazakhstan. As the world’s biggest landlocked country, Kazakhstan offers the company the space and resources it needs to already begin setting up its new S21 mining rigs throughout the nation. Kazakhstan Is the New Go-To Place for Mining Projects Kazakhstan has become...

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India Delays Its Decision Regarding Crypto Regulation

After touting a new bill that would potentially regulate crypto and declare it a new financial sector within the country’s borders, India has announced it will not be moving forward on the bill at this time. To be fair, this doesn’t mean a ban will be put in place. It just means officials are delaying a decision that was supposed to be made during this winter season in India’s Parliament. India Has Hit a Standstill News emerged...

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Employees of Jackson, TN May Receive BTC Salaries

The city of Jackson, Tennessee is introducing a new program that will allow city workers to accept their paychecks in the form of cryptocurrency. Jackson Is Taking a Digital Route This will be the first time an American city has ever worked such a program into its payroll system. City employees who take part in it will be permitted to accept cryptocurrency for the work they do according to Mayor Scott Conger, who is the man behind the...

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So, Which Members of Congress Own Crypto, Exactly?

Senators Pat Toomey and Cynthia Lummis should sound familiar to most crypto fans out there. They are both Republicans from the states of Pennsylvania and Wyoming respectively, and they are both doing all they can to raise awareness regarding crypto in America. They both sit on the Senate Banking Committee and are some of the only members of Congress who own crypto. Some Members of Congress Are Very Excited About Crypto At the time of...

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A Multi-Million Dollar Piece of Real Estate Just Sold for Crypto

Who would have ever thought that blockchain and real estate could make such a fantastic couple? Real Estate and Crypto Are Becoming Serious Partners There are many instances of real estate being recorded to the blockchain, but it’s quite rare when someone purchases a piece of real estate with cryptocurrency. However, these instances do occur, such as a recent transaction in the city of Miami, Florida. Someone recently purchased a...

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Eswar Prasad Is No Bitcoin Fan

Bitcoin has come a long way in a relatively short period, but for some, the world’s number one digital currency by market cap has no place in the future of finance. They are convinced the currency will not last much longer. That’s a direct quote from Eswar Prasad, the senior professor of international trade policy at Cornell University. Eswar Prasad Thinks Bitcoin Doesn’t Have Much Going for It Bitcoin first emerged through a...