Category Crypto

Firm Attacks US Miners, Bitcoin Network Growing Stronger

Kerrisdale Capital, an investment management firm, has launched a scathing attack on the Bitcoin mining industry in the United States, branding it a haven for “snake oil salesmen” that devour investor capital and harm the environment. Investment Firm Attacks Bitcoin,…

Why Is Retail Interest Rapidly Declining?

Bitcoin is in an uptrend and will likely breach the all-important liquidation line at $72,000. At the spot rate, the coin is up approximately 25% from May lows and may rally, even breaking all-time highs of $73,800. Retail Interest In…

BitReXe: Enabling Parallel VMs on Bitcoin Network

Ethereum is still working on a complementary plan for parallel EVM, but Bitcoin can be soon expecting its own parallel VM layer 2. Let’s firstly understand why Ethereum cannot achieve parallel EVM. To maintain network consistency and security, EVM has…

Robinhood To Acquire Crypto Exchange Bitstamp

Robinhood Markets, Inc., is set to acquire global crypto exchange Bitstamp to expand its reach outside the US. The acquisition, which is expected to close in 2025, will become Robinhood’s first institutional buy. Robinhood Eyes Global Expansion Robinhood’s trading platform…

Why Joe Biden Hates Bitcoin

Over the last four years, President Joe Biden has demonstrated a clear reluctance to support the Bitcoin and cryptocurrency industry, as recently evidenced by his veto of significant legislation and the broader stance of his administration. On May 31, Biden…