Image Source: Pexels Your business lets employees work from home. It also continues to seek out ways to empower its remote workforce like never before. To achieve your goal, you may want to consider compensating your remote personnel with bitcoin. Is BTC A Viable Option For Remote Workers? Bitcoin has created a new reality for businesses, and there are many…
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US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis – Mining Bitcoin News
Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. “The extraordinarily high energy usage and carbon emissions associated with bitcoin mining could undermine our hard work to tackle the climate crisis — not to mention the harmful impacts cryptomining has on local environments and electricity prices,”…
2 key Bitcoin price metrics suggest BTC is primed to reclaim $40,000
Cryptocurrencies had a volatile week after Bitcoin’s (BTC) sudden crash to $33,000 on Jan. 24. However, the sharp 9% drop fully recovered within 8 hours after BTC price regained the $36,000 support. On Jan. 26, Bitcoin rallied to $38,960 but it could not sustain the level and corrected by 8.8% in the following 8 hours. When factoring in the recent…
Game Studio Shuns ‘Worms’ Maker Team17 Over Ethereum NFT Plans
In brief Game publisher Team17 revealed plans to create Ethereum-based NFTs inspired by the Worms franchise. The announcement has received significant backlash on social media, with one game developer saying it will no longer work with Team17. Team17, an independent video game publisher, announced today that it has partnered with Reality Gaming Group (RGG) to launch NFTs based on the…
JP Morgan: Bitcoin, Ethereum Continue to Face ‘Significant Challenges’
JP Morgan analysts have said that Bitcoin will struggle to get institutional adoption because of its volatility while Ethereum will face more competition from rival blockchains. In a note for investors, analysts at the New York City-based bank said that they saw “significant challenges” going forward for the two biggest cryptocurrencies by market cap. But the note also said that…
Ethereum ‘Killers’ Solana, Terra and Avalanche Got Killed in January
In brief “Ethereum killers” are blockchain networks that use smart contracts to enable DeFi, NFTs and other applications. They’ve been some of the biggest losers in the January crypto crash. January has been brutal for Bitcoin, with prices declining 20% since the start of the month. But as bad as it’s been for BTC, things have gone much worse for…
Russia flounders, America competes, IMF keeps fuming, Jan. 24–31
One of the most fascinating implications of the collision between traditional political institutions and the crypto space is how it can reveal the glaring lack of cohesion within power systems that otherwise look monolithic. Digital assets reside in a parallel policy dimension where neither a centralized consensus nor a clear rulebook exists, leading to a surprising variety of voices and…
Altcoins rack up 30% gains as Bitcoin price chases after $39,000
The cryptocurrency market is in a state of confusion on Jan. 31 as many traders view Bitcoin’s (BTC) weakness as a sign that a crypto winter is beginning, yet increasing news of adoption and multi-million-dollar financing rounds continue to make headlines on a regular basis. As Bitcoin trades at $38,500, analysts are highlighting the current price action as a possible buy zone and this…
Ariva (ARV) Announces Milestone Partnership With World Tourism Forum Institute (WTFI) and Global Tourism Forum (GTF) – Press release Bitcoin News
press release PRESS RELEASE. Ariva, a next-generation tourism & travel blockchain protocol, has announced a partnership with World Tourism Forum Institute and Global Tourism Forum. This is a significant development and will place Ariva at the forefront of the tourism industry. Ariva reveals key partnership Ariva will be leveraging its collaboration with World Tourism Forum Institute and Global Tourism Forum…
COVID restrictions stymie digital yuan rollout at Beijing Winter Olympics: report
Though athletes and support staff arriving for the Beijing 2022 Olympics still have the option of using digital currency for payments at many venues, the international test run of China’s CBDC is reportedly facing hurdles due to the pandemic. According to a Monday report from CNN, athletes, officials, and journalists for the country’s olympics games are largely separated from the…