The Boom of Cryptocurrency in Latin America

As I’m sure you’re well aware, El Salvador just recently became the first country in the world to recognize Bitcoin as legal tender, and this caused the price of the crypto to jump 5%. The Bitcoin Law, as it’s named,…

How Tesla’s Latest Decision Impacts the Environment

As you may already know, Tesla CEO Elon Musk announced on Twitter that the company “has suspended vehicle purchases using Bitcoin” over environmental concerns. This took many by surprise as although it’s true that Bitcoin negatively impacts the environment, Elon…

New York Bill Proposes Banning Crypto Mining for 3 Years over Environmental Reasons

New York Democrat Senators Kevin S. Parker and Rachel May are proposing New York Senate Bill 6486 which would effectively ban cryptocurrency mining for three years in an attempt to cut down on the carbon footprint. It is a well-known…

Latin America Crypto Exchange Bitso Raised $250 Million

Mexico-based cryptocurrency exchange site Bitso made an announcement stating that it has raised $250 million which places the company’s valuation at a whopping $2.2 billion. Thanks to this funding, Bitso is now one of the biggest fintech companies and the…

Ethereum and Dogecoin Hit New Records

Ethereum and Dogecoin have reached new heights while Bitcoin struggles to get it going according to CoinDesk’s cryptocurrency price tracker. At the time of this writing, Ethereum has gone up 1.72% in the last 24 hours and Dogecoin flew up…

Crypto Exchange Founder Goes Missing With $2 Billion

The CEO of the Turkish cryptocurrency exchange site Thodex is missing, and with him, $2 billion dollars worth of investor money. Days prior to the shutdown, fellow cryptocurrency platform Vebitcoin released a strange-looking message on its page in Turkish that,…

President Biden Plans to Propose on Raising Federal Capital Gains Tax

President Joe Biden is expected to put forth a proposal that will raise the federal capital gains tax from 20% to 39.6%, but if you factor in the Medicare surtax, the richest taxpayers will end up paying 43.4%. According to…

Dogecoin up 85% , Breaking Past $0.10 Mark

Dogecoin has achieved a monumental moment as in the last 24 hours the meme coin surged 85% reaching a high of $0.14 with a current market cap of $14 billion at the time of this writing.  This surge comes as…

Cryptocurrency Market Hits $2 trillion Market Cap

A new record has been broken in the world of cryptocurrency as the total market cap for cryptocurrencies has now reached $2 trillion with Bitcoin alone hitting $1 trillion according to market trackers CoinGecko and Blockfolio. Over the past several…

Bitcoin Scams on the Rise

With every new popular trend comes people wanting to take advantage of the situation. Cryptocurrency is gaining more mainstream acceptance everyday, but it’s still a relatively niche thing and can be confusing to uninformed people which allows bad actors to…