Cryptocurrencies

Auto Added by WPeMatico

Canadians Harness Wind to Mine Bitcoin – in Romania

by

Canadian investors have decided to put money and effort into a wind-powered crypto mining undertaking in Romania. To make it happen, they have finalized a deal to acquire a wind farm capable of producing enough energy to light the bulbs in over 30,000 homes. Driven by enthusiasm about the project, they have even added “Blockchain … Read more

Statistical Analysis Reveals Ties That Bind the Cryptocurrency Markets

by

Predicting the price movements of cryptocurrencies is a dark art that combines technical and fundamental analysis with an understanding of human psychology. A recent analysis dispels a little of that darkness by revealing the interdependence of altcoins. Its findings? When altcoins fall, they often fall in unison. Also read: Peter Thiel, Bitcoin Astronaut, Moves Markets with … Read more

From Mansions to Prisons: Bitcoin and Real-Estate Doesn’t Mix So Well

by

There’s been a lot of hype surrounding purchasing real-estate with cryptocurrencies like bitcoin. However, even though bitcoin has spiked considerably in value using the asset for purchasing properties and homes is not so easy. Also read: Dancing With the Devil: ‘Cashing Out’ Cryptos Into Fiat Not So Easy Bitcoin Real Estate Purchases Come With Difficulties Lately, … Read more

Bitcoin Adoption in Africa Hinders EAC Plans for a Unified Currency

by

Due to a declining economy and eroding national currencies, the East African Community (EAC), an intergovernmental central bank organization composed of six countries in eastern Africa have plans to adopt a unified currency. However, the growing popularity of bitcoin and other digital currencies are hindering the East African central bank’s abilities to establish a harmonized … Read more