2nd highest weekly close ever — 5 things to know in Bitcoin this week
BTC price action is busy making impressive achievements despite staying rangebound below all-time highs — but Bitcoin volatility catalysts are right around the corner.
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Banking uses 56 times more energy than Bitcoin: Valuechain report
Fresh figures on Bitcoin’s (BTC) energy consumption, efficiency and scalability serve to expose the banking sector while bathing the world's largest cryptocurrency in a new light. A research report published by Michel Khazzaka, an IT engineer, cryptographer and consultant, calculates that Bitcoin payments are a "million times more efficient" than the legacy financial system. Plus, the Banking…

Bitcoin Outlives First Website That Declared it Dead Back in 2010
Bitcoin is still going strong as it heads towards its third halving event… unlike the first website to declare it dead, which is sadly no longer with us. As the top-rated cryptocurrency by market cap Bitcoin (BTC) pushes onwards towards $10,000, it continues to prove wrong those naysayers who have falsely proclaimed its imminent demise.In…

Crypto leaders are obsessed with life extension. Here’s why
Ethereum co-founder Vitalik Buterin is on a mission to make humans immortal. Buterin, 27, proposes the idea that “aging is an engineering problem.” He is not alone in his combined interest in Bitcoin and biohacking. Famous biomedical aging researcher Aubrey de Grey, Xanadu architect and Agoric chief scientist Mark Miller, Bitcoin Cash billionaire Roger Ver and…

XRP Price Gains 40% in One Week But Can It Continue Rally to $0.50?
Most markets are rallying since receiving a severe shakeout throughout the weekend, during which the price of Bitcoin (BTC) fell by $1,400 in minutes below the $11,000 level, liquidating $1 billion in futures along the way. However, one of the most reliable coins in recent days has been Ripple’s XRP token as it rallied 40% in…

Ireland to probe Google’s AI model for data protection compliance
The DPC’s inquiry into Google’s AI model development explores the handling of EU citizens’ personal data for training PaLM2.

BIS proposes research model to study DeFi’s integration with TradFi and its risks
Bank for International Settlements researchers admired DeFi’s “competitive financial engineering” and made some highly technical aspects of DeFi somewhat more accessible. 365 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Bank for International Settlements looked under the hood of decentralized finance (DeFi) in a new working paper…

Coronavirus, Drug Dealers and Buffett’s BTC: Bad Crypto News of the Week
The experts have had a rough few days. Anthony Pompliano, co-founder and partner at Morgan Digital Creek, spoke to CNN about Warren Buffett’s poor view of Bitcoin. The Sage of Omaha had said that he doesn’t own any BTC and sees no value in digital currencies. Pompliano argued that Buffett might be a whiz when…

MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan
The price of Bitcoin is $47,806 at the time of publication, making MicroStrategy's current 125,051 BTC holdings worth roughly $6 billion. 609 Total views 9 Total shares MacroStrategy, a subsidiary of business intelligence firm MicroStrategy, said it will purchase Bitcoin after obtaining a multimillion dollar loan from Silvergate Bank.In a Tuesday announcement, MicroStrategy said Silvergate…