Bitcoin has recorded record values in 2021, recently the virtual currency has gone over $ 62,000, but now the tax plans of the Joe Biden government in the U.S. are already causing cryptocurrencies to devalue. According to Reuters, only the mention of the plans has already caused Bitcoin to decline 8.59% in 24 hours. Currently the most … Read more
The year 2021 has been a busy one when it comes to Bitcoin, with high points here being Elon Musk’s investment in the currency leading to a record $ 44,000, the possibility of Twitter switching to using cryptocurrency to pay for its employees, and even the expectation that Samsung Pay may start supporting payment with them soon. Considered the main … Read more
In recovering value since mid-June, Bitcoin would have a significant energy expenditure. At least, this is what signals a study made by an online tool called the Bitcoin Electricity Consumption Index of Cambridge (CBECI). According to the survey, the energy consumption of cryptom idea is similar to Switzerland’s total use in one year. In addition, it equates … Read more
The money you’ve been using all your life is backed by a government of some sort, and it exists in a tangible way. Bitcoin is neither tangible nor backed by anyone, but it’s still worth a great deal to some people. This digital currency began circulating on the internet in 2009 with each Bitcoin worth just … Read more