Canaan Inc., a company named after the biblical Promised Land and listed on the stock market as CAN.US, is ramping up its bitcoin mining operations. According to the Denver-based company’s most recent monthly report, the company minted a total of 90 bitcoins during the month of March. This is a...
Just yesterday HK Asia Holdings revealed plans to massively increase their Bitcoin exposure. Instead, they’re making the cryptocurrency part of their larger investment game plan. This move protects a rapidly increasing base of institutional investors. They jump at the opportunity to diversify their portfolios and protect themselves against inflation. The...
Zak Coyne wrote the phishing-as-a-service LabHost. He has since received and served a prison sentence of eight-and-a-half years for creating the bait websites, which bilked victims in 91 countries out of their money. Cybercriminals used Coyne’s service to support large-scale phishing campaigns. This criminal scheme caused millions in losses to...
The digital world is crowded and competitive, making it a challenge for any brand to break through and resonate with consumers. Of the most infamous, perhaps none are bigger than Yahoo and AOL—both now under the same family of brands' control. These services, now owned by Yahoo Advertising, help shape...
Bitcoin’s price action is currently hitting hard resistance from the Ichimoku Cloud, one of the most popular technical analysis indicators. This resistance is painting an ugly risk-reward picture for bullish speculators, indicating possible headwinds to any additional upward price action. The Ichimoku Cloud is proving to be an important level...
Bitcoin has proven astonishing resilience in recent economic turbulence, often acting as a safe haven despite severe market volatility during this time. Despite the unfortunate fate of crypto investors through this turbulent year, Bitcoin’s resurgence is adding to the perception that it is increasingly decoupling from traditional bad economic news....
We examine some new strategies that the federal government could pursue to build a Bitcoin reserve, such as employing tariff revenue and revaluing gold certificates. The Administration’s Presidential Council of Advisers for Digital Assets is guiding these discussions. This is a major departure from the country’s previous posture toward the...
Ethereum now finds itself in a strong bearish trend as growing on-chain and social metrics are painting a picture of deep investor sentiment and network activity. The ETH/BTC trade rate additionally dropped sharply all the way down to 0.01924 on Apr. 14, its lowest stage since January 2020. This decline...
No joke, Senator Cynthia Lummis just dropped the wildest plan we’ve seen so far. She has a vision to reverse the soaring U.S. national debt by smartly purchasing and hodling Bitcoin. Lummis suggests accumulating 1 million Bitcoin, roughly 5% of the total global supply, and maintaining the holdings for 20...
XRP whales have increased their XRP holdings by an astonishing 26% over the last week. This recent spike indicates that institutional investors have overwhelming confidence in the cryptocurrency’s future. This buildup happened despite a market buffeted by uncertainty from U.S. tariff policies. Despite being down 36% from its January peak,...
