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Bitcoin Futures Expiration Caused the Decline of BTC Price, Says Fundstrat‘s Thomas Lee
Bitcoin
Bitcoin Futures Expiration Caused the Decline of BTC Price, Says Fundstrat‘s Thomas Lee
Thomas Lee, head of research at Fundstrat Global Advisors put forward his own version of why the world’s most popular cryptocurrency has been on the downward spiral recently. According to him, the BTC price decline was caused by the expiration of bitcoin futures. Mr. Lee claimed that Fundstrat has seen “significant volatility” around soon-to-expire bitcoin futures on Chicago Mercantile Exchange (CME) and Chicago Board Options Exchange (CBOE). In addition to…
New-York Based Company to Pay its Employees in Bitcoin
Bitcoin
New-York Based Company to Pay its Employees in Bitcoin
A company in Isreal is planning to pay their employees through the most popular cryptocurrency, Bitcoin. The company is into social networking and is called Spot.IM. Spot.IM is a social engagement platform that helps build online communities using digital content. It is headquartered in New York with previous work that includes top-notch companies such as AOL, NBC, and even Fox News. Miri Regev is the CEO and CTO of Spot.IM.…
Star Trek-Backed Solar-Powered Crypto Mining Venture Launches
Bitcoin
Star Trek-Backed Solar-Powered Crypto Mining Venture Launches
The Vancouver-based company Solar Alliance has recently announced that it has acquired a substantial Illinois warehouse, which is intended to be used for cryptocurrency mining. Notably, the venture will be powered by solar power panels, making it an entirely green cryptocurrency mining operation. This comes as many have previously expressed doubts regarding the cryptocurrency mining industry’s power-intensive nature. The company is also supported by the Star Trek star and environmentalist…
Trump's Former Chief-strategist Steve Bannon Says Bitcoin is Revolutionary
Bitcoin
Trump’s Former Chief-strategist Steve Bannon Says Bitcoin is Revolutionary
Steve Bannon, former chief-strategist of the Trump presidency and former editor of controversial ultra-right-wing news site ‘Breitbart News’, is making moves into cryptocurrency, it has emerged. Steve Bannon, one of the most controversial figures of recent politics has expressed his interest in cryptocurrency and has plans to make significant moves into the space. Cited as one of the most instrumental figures in getting Donald Trump into the White House, Bannon…