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Bitcoin Miners Will Someday Be Incorporated Into Household Appliances

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Midea Group, a major manufacturer of electrical appliances in China, is seeking to patent a method for mining bitcoin with household items, public records show. Bitcoin Miners Will Someday Be Incorporated Into Household Appliances The previously unreported application was submitted last November and published earlier this year by the State…

Musk Inquires About Moving ‘Large Transactions’ To Bitcoin

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Elon Musk inquired about converting “large transactions” of Tesla Inc.’s balance sheet into Bitcoin in a Twitter exchange with Michael Saylor, a prominent booster of the digital currency. Musk Inquires About Moving ‘Large Transactions’ To Bitcoin In a series of tweets, Saylor, chief executive officer of Microstrategy Inc., encouraged the…

How To Invest In Bitcoin: It Can Be Easy, But Watch Out For Fees

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Around 2013, one common way to buy Bitcoin was to head to a public space like Union Square in lower Manhattan. How To Invest In Bitcoin: It Can Be Easy, But Watch Out For Fees There, buyers brought cash and sellers brought their phones to punch in codes that would…

The Pandemic Turbocharged Online Privacy Concerns

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In recent years, concerns about digital threats to individual privacy have been growing more acute. The Pandemic Turbocharged Online Privacy Concerns From high-profile data breaches to hijacked doorbell cameras, we’ve seen a steady increase in the scale and volume of privacy-related incidents. But 2020, driven by a global pandemic and…

No Matter What Congress Does, 12 Million Jobless Americans Will Temporarily Lose Unemployment Benefits

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Some 3 million workers in California were notified that their last unemployment checks will go out Dec. 26. No Matter What Congress Does, 12 Million Jobless Americans Will Temporarily Lose Unemployment Benefits The clock is ticking on Capitol Hill as discussions between Republicans and Democratic lawmakers regarding a second stimulus…

Megan Thee Stallion Gives Away $1 Million In Bitcoin

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Twitter loses its mind over rapper’s ‘$1M Bitcoin giveaway’... worth $11 each. Megan Thee Stallion Gives Away $1 Million In Bitcoin Popular rapper Megan Thee Stallion has teamed up with Square’s Cash App to launch a $1 million Bitcoin giveaway on Twitter in partnership with Square’s Cash App. Cash App,…

CoinFLEX Sets Up Short-Term Lending Facility For Crypto Traders

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Cryptocurrency futures exchange CoinFLEX is setting up a blockchain-based market for unsecured lending as the digital currency boom continues. CoinFLEX Sets Up Short-Term Lending Facility For Crypto Traders Firms can borrow U.S. dollars and Bitcoin for short-term trading purposes, with the note tokens expected to offer a yield of 8%…

Wall Street Quants Pounce On Crytpo Industry And Some Are Not Sure What To Make Of It

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Three years ago, Doug Greenig stopped trading the momentum of the S&P 500 to bet on everything exotic from Malaysian palm oil and Chinese plastic to Colombian interest rates. Wall Street Quants Pounce On Crytpo Industry And Some Are Not Sure What To Make Of It [caption id="attachment_22677" align="aligncenter" width="600"]…

Bitcoin Shortage As Wall Street FOMO Turns BTC Whales Into ‘Plankton’

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Institutions make mince meat of the whales who just recently held huge sway over market sentiment below $20,000. Bitcoin Shortage As Wall Street FOMO Turns BTC Whales Into ‘Plankton’ Bitcoin (BTC) is seeing a new kind of “flippening” above $20,000 as its original whales keep selling their coins to bigger…

Bitcoin Tops $22,000 And Strategists Say Rally Has Further To Go

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Bitcoin has surged about 20% this week, breaching $22,000 for the first time and stirring predictions that more gains lie ahead for the world’s largest cryptocurrency. Bitcoin Tops $22,000 And Strategists Say Rally Has Further To Go The digital coin jumped as much as 5.5% to about $22,366 on Thursday,…

Why Bitcoin Is Overpriced by More Than 50%

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Bitcoin’s price is more than 50% higher than its fair value of about $12,000. Why Bitcoin Is Overpriced by More Than 50% That’s one of the implications I draw from a new analysis of the various valuation frameworks for determining the cryptocurrency’s fair price. Entitled “Bitcoin Is Exactly Like Gold…

Mar-a-Lago Neighbors Tell Trump That They Don’t Want Him To Live There

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President Trump is expected to make Mar-a-Lago his legal residence and home when he becomes an ex-president next month—and his would-be neighbors are absolutely horrified by the idea. Mar-a-Lago Neighbors Tell Trump That They Don’t Want Him To Live There [caption id="attachment_22642" align="aligncenter" width="600"] The Mar-A-Lago Residence That Trump Plans…