Author: Kristen Dean

Why did young Americans invest their stimulus checks in Bitcoin?

The US government issued a series of stimulus checks as a response to economic difficulties caused by the coronavirus pandemic. These payments were not available to everyone, but the majority of Americans qualified for them. This included many young Americans. A survey revealed that many of these youngsters had invested their stimulus checks into crypto assets, such

Finder’s Poll Shows Vietnam Holds the Highest Percentage of Crypto Ownership Worldwide

Finder’s Cryptocurrency Ownership Report published on August 13, 2021, has some interesting findings after the researchers polled over 42K people. The survey covered 27 countries and measures crypto asset ownership. According to the Finder poll, men are more likely than women to own a digital asset. James Edwards, Finder’s writer, explained that the gender gap in ownership is approximately

South African Central Bank Warns Citizens Against Accepting Tainted Banknotes

EWN reports that the South Africa Reserve Bank (SARB), has warned South Africans who are found with such banknotes they could be subject to criminal investigation. This warning comes after what the SARB called an “increase in circulation of dye-stained banknotes in KwaZulu-Natal, and Gauteng.” South Africa was in chaos immediately after Jacob Zuma’s arrest. His supporters violently

Greenidge Joins Foundry USA, Deal Gives Bitcoin’s Fifth-Largest Pool 800 Petahash

Greenidge, which is based in Rochester, New York, announced Wednesday that it has partnered up with Foundry, a company providing capital and intelligence to North American crypto mining companies. Greenidge will join the Foundry USA mining pool, which currently holds the fifth-largest global hashrate. Foundry USA currently commands 10.46% Bitcoin’s global havehrate, or 10.23 Exahash per Second

‘We Want You,’ Pro-Bitcoin Senator Cynthia Lummis Invites Crypto Miners to Wyoming

Companies in the coin minting industry have been actively seeking out friendlier countries to relocate their operations due to the ongoing crackdown in China on cryptocurrency mining. There are some potential destinations in the U.S. with Florida and Texas being two of the most prominent. Both states offer affordable energy to crypto miners. Wyoming has been positive about cryptocurrency

BBVA THROWS OPEN BITCOIN (BTC) TRADING FOR ITS PRIVATE BANKING CLIENTS IN SWITZERLAND

BBVA, among the important banks in Spain using a completely possessed franchise in Switzerland, has declared that bitcoin storage and trading could be available because of its personal banking customers in Switzerland. It was established following an interval of 6 weeks of testing using a chosen group of consumers and after analyzing the system performance