The Swiss government has denied a 100 million franc request by the Canton of Zug for use in keeping local crypto companies afloat, according to local newspaper Tages-Anzeiger. Zug’s finance director Heinz Taennler initiated support for the financial package earlier in April to support local blockchain companies affected by the COVID-19 pandemic, but the answer he’s getting isn’t the one he wanted. The Crypto Valley bailout was reportedly the only one out of “around two dozen” COVID-related applications to be rejected by the federal government. Local crypto firms will have…
Day: May 25, 2020
Bitcoin Halving -What you need to know – Expert panel discuss mining and Bitcoin price -WATCH NOW
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Alejandro De La Torre the VP of Poolin which produces 18% of Bitcoin joins us along with Bitcoin OG Dunstan , Leslie Daniel Chan the President of the Bitcoin Club in Singapore. Dunstan and Leslie mined their first Bitcoin in 2010. Last but not least Didi Taihuttu Bitcoin and Blockchain evangelist and the man famous for going all in on Bitcoin and Crypto rounds out this highly experienced panel. This isn’t financial advice but expert opinion. We hope you will gain some…
FOMO Risk? THETA Outpacing Bitcoin With 1000% Gains Since March Crash
As the halving hype has now passed for Bitcoin (BTC), altcoins are beginning to regain traction. In that regard, many altcoins have been showing significant movements in the past two weeks. One of the biggest gainers is Theta Token (THETA), which gained 1,000% since the crash on Black Thursday, March 12. The second token of the Theta platform is called Theta Fuel (TFUEL) has also surged more than 1,150% in a matter of one week. Crypto market daily performance. Source: Coin360 Theta Token reaches new highs, but is it time…
Housing Market Indicators Suggest Recession Could Pump House Prices
New housing starts have hit a five-year low, while mortgage rates reached another record low last week. These two factors could lead to a reduction in the housing supply, which in turn will push up prices. As with the financial crisis of 2007-8, the downturn will likely have a long-term negative effect on home building. Home prices are likely to experience upward pressure later in the year, as U.S. housing market data indicate an approaching drop in supply. New housing starts fell to their lowest level in five years in…
Bitcoin Hash Ribbons Indicate Post-Halving Miner Capitulation Has Begun
Hash ribbons, an indicator used to depict the health of Bitcoin miners powering the network, has just signaled capitulation for an unprecedented 4th time in this market cycle. And according to the tool, post-halving miner capitulation may have only just begun. Bitcoin Miners Are Capitulating Due To Post-Halving Production Costs As a failsafe mechanism ensuring the long-term health of the Bitcoin network, the halving is designed to not only reduce supply but purge the network of smaller time miners. When the supply is suddenly reduced with each halving, the cost…
Why I’ve Started Accepting BTC for Glass Pipes
Once my company, Jerome Baker Designs, had become one of the premier producers of custom pipes and bongs in the 1990s, I no longer enjoyed doing it. However, when the Drug Enforcement Administration busted through the doors of my warehouse, and the Feds closed my business and seized all my assets, I had a change of heart. While I still won’t blow a custom glass for cash, I will do it for Bitcoin (BTC). Why? Because I truly believe in Bitcoin. When I was indicted in 2003 for trafficking illegal…
Lonely Little Cemetery with Mining Ruins? – URBEX –
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Russian Cemetery with mining ruins?,, Was this building for groundskeeper or was it part of coal mining ruins? Located in north east Pa on top of a mountain. Subscribe and click the notification bell for more videos Become a Patreon Follow me on instagram Follow me on Facebook ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
One of the First Bitcoin Miners Calls Craig Wright a Fraud
An early Bitcoin (BTC) miner has signed a cryptographic message with 145 wallet addresses containing unspent UTXOs calling Craig Wright (CSW) a fraud and a liar. Satoshi’s ghost is rising again. Well, probably not but the interesting thing is that today the message came signed by 145 wallets containing Bitcoin (BTC) mined in its first years and subsequently calling Craig Wright a “liar and a fraud.” However, it seems that it’s not Satoshi Nakamoto, who sent the message but the addresses are written are more than obvious in the ownership…
Kate Middleton & Prince William are What the Royal Family Desperately Needed
The worldwide pandemic has changed the way the world operates, including the royal family. Both Duchess Kate Middleton and Prince William have really come into their own during these turbulent times. Like it or not, they’re changing the way the royal family operates and is viewed by a younger generation. Change is necessary in all aspects of life. The hard work and different approach that both Prince William and Duchess Kate Middleton have taken during the recent pandemic have gone a long way to galvanizing the royal family, in my…
Stolen Trezor, Ledger and KeepKey Databases Are a ‘Scam,’ Says SatoshiLabs
The hacker claiming to be selling user databases from top hardware wallet manufacturers Ledger, Trezor, and KeepKey appears to actually be peddling bunk, according to SatoshiLabs. On May 24, cybercrime monitoring blog Under the Breach reported that a hacker had begun advertising the customer databases of popular hardware wallet companies for sale. The data purportedly included the full names and physical addresses for over 80,000 user accounts. Under the Breach tweeted screenshots suggesting that the hacker obtained the databases by exploiting a vulnerability of popular e-commerce platform Shopify. “Don’t offer…