Tag Archives: bitcoin

RT’s Boom Bust asks crypto analysts Ben Swann and Christy Ai if that’s indeed the case. For more stories on economy & finance visit RT’s business section

The billionaire drowned at Playa Hermosa de Garabito, Puntarenas, in Costa Rica, according to a Spanish-language publication, Teletica.com, which described the deceased as a “41-year-old foreigner.” Popescu, a Romanian entrepreneur and blogger, launched bitcoin securities exchange MPEx in 2012,  and was something of an evangelist for cryptocurrency. His fortune would have …

McAfee was cleared to be extradited to the US on Wednesday after spending eight months imprisoned in Spain. According to the preliminary autopsy, he hanged himself in his cell. He was allegedly found by prison workers in the pretrial detention area. READ MORE: John McAfee tried to kill himself in …

According to Alex Mashinsky, chief executive officer and co-founder of the centralized cryptocurrency lending platform Celsius, the crypto market was bound for a correction following bitcoin’s recent all-time high of over $63,000. “When you go too high, too fast, you are bound for a correction,” Mashinsky told Cointelegraph at Bitcoin 2021 in …

In an interview with CNBC, Suarez said that Miami’s ample nuclear electricity supply should attract bitcoin miners looking to adopt clean energy sources for their operations, especially now there is a spotlight on the supposed carbon footprint of crypto mining. He added that the city’s officials were looking to reduce …

Guatemala’s power is its people who “have been unfortunately used by the fiat system for cheap labor, primarily in the United States,” Carlino says. He explains that over 20% of Guatemala’s GDP “is remittance flow sent from the United States down to Central America. And we see that as our opportunity to …

The crypto was trading down more than 5% on Saturday, at $35,697 per coin. Its value has almost halved from April’s record peak of about $65,000 a token. Traders forecast $32,500 as the next stop before it revisits its low of $30,000. Bitcoin’s slump comes as traditional markets faced another day …

During his speech at the Future of FinTech Conference on Thursday, he voiced the Bank of England’s (BOE’s) noncommittal interest in the development of a CBDC and its commitment to keeping cash “available for as long as [people] wish to use it.” Talking about the bank’s 2020 survey on CBDCs, …

Musk’s latest verbal intervention comes in response to a CoinTelegraph story, which quoted the CEO of financial services company Sygnia, Magda Wierzycka, claiming that the recent volatility of Bitcoin “is an unexpected function of what I would call market manipulation by Elon Musk.” Musk denied the charge, claiming that Tesla …

The cryptocurrency is still significantly off from its record high of $64,829.14 that was reached in April.  The bill that has been passed in El Salvador will mandate all businesses to accept bitcoin for goods or services, but the government will act as a backstop for entities that aren’t willing …