The populous country would benefit greatly from taking advantage of the abundant renewable energy available. Governor of the Indonesian Province of West Java, Ridwan Kamil and prominent Bitcoin global advocate and JAN3 CEO Samson Mow, revealed in a fireside chat titled “The Indonesia Bitcoin Mining Campaign” that the government of Indonesia is researching various ways […]
A federal judge in Texas ordered the head of a South African company to pay USD 3.4 billion for what US commodities regulators say is the largest fraud case involving bitcoin. Cornelius Johannes Steynberg was ordered to pay USD 1.7 billion in compensatory damages to victims of the fraud scheme and another USD 1.7 billion […]
Says Crypto Winter is Over, Standard Chartered Researcher Optimistic Bitcoin (BTC) Can Touch US$100,000 in 2024 A researcher from Standard Chartered said that the crypto winter is over. According to him, it is likely that Bitcoin (BTC) will touch the price of US$100,000 by the end of next year. According to a report from Geoff […]
In the crypto market, it is known as Bitcoin Dominance or Bitcoin dominance, so what is Bitcoin domination? In more detail, Bitcoin dominance is a percentage value which is calculated based on the current Bitcoin market cap divided by the global crypto market cap. Reporting from the crypto exchange site Crypto.com, Tuesday (18/4/2023), for example, […]
Since the price of bitcoin rose above the $30,000 range for the first time in ten months, worldwide Google Trends data shows the search term “bitcoin” has reached a score of 93 out of 100 in the last seven days. According to Bitcoin.com, a Google Trends (GT) score of 100 indicates the peak popularity of […]
Bitcoin has been legal tender in El Salvador for three years, but people are currently using it less than they did in 2022, at least for remittances. Remittances in Bitcoin and other cryptocurrencies sent to El Salvador fell 17.8 percent during the first two months of 2023 compared to 2022, according to the latest data […]
A Georgian man who stole more than 50,000 Bitcoins from the Silk Road marketplace in 2012 has been sentenced to one year in prison. In a press release Friday, the US Department of Justice said James Zhong had been sentenced to one year and one day in prison on charges related to executing a scheme […]
Investment manager Larry Lepard has warned that the US dollar could lose a large portion of its value within 5 to 10 years. Following the start of the Russo-Ukrainian war, the US did something it considered very wrong: it seized $600 billion of Russia’s currency reserves equivalent to IDR 8.94 quadrillion ($1 = IDR 14,908). […]
Artificial intelligence tool ChatGPT seems to have taken sides in the long-running debate over the respective value of gold over Bitcoin as a good investment. Financial commentator Peter Schiff praised the leading generative text engine for reportedly favoring gold. “AI is indeed quite intelligent,” he tweeted on Wednesday. “It does not recommend any allocation to […]
The total market cap for all cryptocurrencies has climbed to its highest level since June, helped by bitcoin (BTC)’s massive 70 percent gain since starting the year. The increase in overall cryptocurrency capitalization stands out because it coincides with the industry facing one of the strongest crackdowns in its history, namely from dismal regulatory prospects. […]