Day: March 5, 2022

Kimbal Musk, Elon’s Brother, Says He ‘Violently’ Opposes Cryptocurrency

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Elon has been one of the most outspoken individuals in the cryptocurrency sector, but his brother Kimbal Musk has his own set of beliefs when it comes to the digital asset class. Kimbal stated in an interview with Input Magazine that he is concerned about cryptocurrency’ negative impact on the environment. He didn’t mince words, actually: “I am violently opposed to anything with that degree of environmental damage,” Kimbal told Input Magazine. Related Article | Could An Elon Musk Time Magazine Cover Predict The Crypto Cycle Peak? Kimbal Musk Says…

Citadel Plans to Start Making Markets in Crypto in Coming Months, CEO Ken Griffin Says – Featured Bitcoin News

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Citadel CEO Ken Griffin, a bitcoin skeptic, admits he has not been right on his crypto call. He now says: “It’s fair to assume that over the months to come, you will see us engage in making markets in cryptocurrencies.” Citadel Getting Into Crypto The CEO and founder of financial services firm Citadel, billionaire Ken Griffin, talked about cryptocurrency and his company’s decision to enter the space in an interview with David Rubenstein on Bloomberg Thursday. The billionaire executive has long been a bitcoin skeptic. He previously described the rush…

You MUST See This Bitcoin Chart!!!!! Everyone Is Ignoring This!!! – Bitcoin Analysis

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US Virginia Senate allows state banks to offer crypto custody services

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The United States Senate unanimously approved a bill amendment request that now allows traditional banks operating in the Commonwealth of Virginia to provide virtual currency custody services.  Delegate Christopher T. Head introduced the bill (House Bill No. 263) back in January 2022, seeking an amendment to allow eligible banks to offer crypto custody services: “A bank may provide its customers with virtual currency custody services so long as the bank has 26 adequate protocols in place to effectively manage risks and comply with applicable laws.” The bill passed Senate with…

I Let a Monkey Invest All My Money. *Crypto*

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Central Bank of Brazil Chooses Nine Institutions to Study Digital Real Possibilities – Bitcoin News

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The Central Bank of Brazil and Fenasbac, the National Federation of Associations of Central Bank Servers, decided to select nine projects to monitor and support their different proposals for the application of a hypothetical Brazilian central bank digital currency (CBDC), the digital real. Projects from companies and organizations like Aave, Banco Santander, and Mercado Bitcoin were selected to be developed as examples of how a digital real could be used. LIFT Challenge Selects Nine Digital Real Projects The LIFT challenge, an initiative organized by Fenasbac and the Central…

Bitcoin loses $40K as BTC price support levels give way to 1-week lows

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Bitcoin (BTC) stayed below some critical support zones into the weekend after a late sell-off cost bulls the $40,000 mark. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Upper range support levels crumble for BTC Data from Cointelegraph Markets Pro and TradingView painted a lackluster picture for BTC/USD Saturday, the pair lingering near $39,000 after seeing lows of $38,600. Traders had hoped that various price points above $40,000 would be sufficient to steady the market after its latest run to $45,200. In the event, however, bids failed to preserve the trend, sending…

Bitcoin Mining 101 with Harry Sudock

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io SHOW NOTES: In this interview, I talk to Harry Sudock, Vice President of Strategy at Griid. We discuss how bitcoin mining works, mining as a force for good globally, and demonetising the political class. THIS EPISODE’S SPONSORS: Gemini – BlockFi – Sportsbet.io – Casa – Exodus – Ledger – Compass Mining – TIMESTAMPS: 00:00:00 Introduction 00:06:11 Bitcoin Mining 101 00:19:54 Energy and prosperity 00:31:47 Bitcoin is net positive 00:44:13 El Salvador & beyond 00:58:33 Ignorant critics WHERE TO FIND THE SHOW: →…

Through Azteco, BTC Available At 600K+ New Locations In Nigeria, Canada & The UK

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Azteco is making big moves. Their vouchers are now available in 600K new locations in Nigeria, 6K in Canada, and 28K in the U.K. Their system was already one of the most accessible ways to buy bitcoin, and now, in those countries, Azteco is basically everywhere. Better yet, clients don’t need to provide neither bank nor credit card details.  Related Reading | Nigerians Move Almost $40 Million In P2P Bitcoin Trading In A Month “Go to your local store and buy a top up voucher just like the ones you’re…

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