Bitcoin Price Plummets $800 in an Hour

Bitcoin (BTC) took an unexpected dive today, plunging $600 in a matter of minutes. The plunge saw 15 of the 20 largest crypto assets by market cap down 5% or more on this time yesterday. Crypto market 1-day price chart. Source: Coin360 The price drop began around 21:45 UTC when Bitcoin lost $800 in an hour. More than $100 million worth of long contracts were liquidated on BitMEX alone during the plunge. Joe Vezzani, the founder of crypto social analytics platform LunarCRUSH, tweeted: “Watched the entire thing unfold. Saw a couple…

Conservatives Bash Steven Spielberg but He’s Right to Stand by His Daughter

Steven Spielberg’s daughter Mikaela recently announced her desire to pursue a career in adult films. Spielberg is reportedly “not upset” with her choice. Some folks, like Michael Savage, are triggered by Spielberg’s stance. Steven Spielberg is reportedly supporting his daughter Mikaela’s pursuit of an adult film career. She recently told the Sun that her parents were “intrigued” but “not upset.” Naturally, some of the more conservative-minded were quick to bash the film director’s stance. A Savage Response Michael Savage, the right-wing host of “The Savage Nation,” is already sending out…

Whitney Houston’s Family Is Set to Shamelessly Pimp out Her Hologram

Whitney Houston is scheduled to begin another tour – eight years after her death. The legendary recording artist will appear on stage as a hologram. This looks like a shameless cash grab. The family of Whitney Houston is trying to milk every last drop of her legacy. According to the Hollywood Reporter, Houston is about to embark on her first tour since dying eight years ago—as a hologram. Whitney Houston deserves better than the hologram treatment. | Source: Twitter The concert tour that nobody asked for will kick off on…

US Bitcoin Miner Aims to Repatriate 30% of Hash Rate Citing National Security

Bitcoin mining startup Layer1 Technologies has begun operations at its West Texas facility, with an ambitious roadmap to secure 30% of the hash rate. Layer1, which raised $50 million in November from Thiel, Shasta Ventures and Digital Currency Group, said it has now brought multiple 2.5-megawatt liquid-cooled mining containers online. Its short term goal is to scale up to 100 megawatts and 2% of the hash rate over the coming months. But it’s the long term goal that’s raising eyebrows: the company roadmap lays out a vision of repatriating 30%…