Mt. Gox moves $2.7B in Bitcoin to new wallet address

The Bitcoin 2022 conference was packed with new announcements, however Peter Thiel stole the show by throwing $100 bills into the crowd and calling Warren Buffet a “sociopathic grandpa.” 1517 Total views 45 Total shares Day two of the Bitcoin 2022 in Miami was as colorful as we’ve come to expect, with Pay-Pal co-founder and…

Bitcoin (BTC) is riding high on a wave of positive sentiment as it prepares to take on $50,000.After a volatile weekend which saw a new all-time high, expectations are putting Bitcoin back in the spotlight as a fundamental level comes into play — what’s in store?Cointelegraph considers five factors which could serve to move the…

As a young industry, the cryptocurrency space has been like a revolving door, seeing numerous companies, projects and assets come and go with the wind. Crypto exchanges, in particular, have seen their fair share of changing tides. Outfits such as BitMEX and Binance have grown since 2017 while newcomers such as Bybit have more recently…

Federal Reserve Chairman Jerome Powell warned that the central bank will continue to use the “tools forcefully” to bring down inflation, which is close to its highest level in 40 years. He cautioned that the restrictive policy may remain for some time and warned that it could “bring some pain to households and businesses.”The United…

Japanese internet services giant GMO Internet Inc. has launched a new mining software client designed for mining Zcash (ZEC) on graphic processing units (GPUs). GMO announced the new client, dubbed Cryptknocker, in a news release published September 28.Cryptknocker has reportedly been designed to enable users to mine cryptocurrencies that are based on the Equihash consensus…

Technical and fundamental support for Bitcoin is growing — possibly at the expense of gold. 4049 Total views 26 Total shares A number of indicators suggest that Bitcoin (BTC) is pushing aside gold as the premier safe-haven asset. This could set the stage for wider mainstream adoption of the digital currency, according to Mike McGlone,…

Since Slim Jim began furiously promoting Dogecoin on Twitter in February, the number of followers on its account has quintupled. 905 Total views 11 Total shares United States-based meat snack Slim Jim is the latest food brand to jump into the crypto space by promoting the meme-centric cryptocurrency Dogecoin.In a tweet today, Slim Jim announced…

There’s never a good time for a crypto winter, but it would be difficult to envision a worse time than right now.Even before 70% of Bitcoin’s (BTC) value evaporated seemingly overnight, things were not going great in the court of public opinion. Negative sentiment was everywhere; a Twitter account documenting crypto bros taking it on…

U.S. manufacturer of household cleaning supplies SC Johnson and environmental organization Plastic Bank will open several plastic recycling centers in Indonesia, offering locals tokens for waste collection, according to a press release published Sunday, Oct. 28.SC Johnson, which owns such brands as Glade, Ziploc and Mr. Muscle, has revealed recent scientific data on the plastic…