Category Archives: Bitcoin

Bitcoin higher, Ethereum, Dogecoin trending lower early Saturday

By | October 19, 2021

Bitcoin was trading more than 1.5% higher Saturday morning. CONSTELLATION BRANDS, INC. The price was around $48,670 per coin (+1.67%), while rivals Ethereum and Dogecoin were trading around $3,520 (-0.19%) and 24.4 cents (-2.95%) per coin, respectively, according to Coindesk. FIDELITY LOBBIES SEC FOR BITCOIN ETF The Biden administration is preparing an array of actions,… Read More »

E-Waste From a Single Bitcoin Transaction Is Like Throwing Away Two iPhone 12 Minis

By | October 19, 2021

There’s no doubt that cryptocurrency in its current form is bad news for our planet. But while much attention has been paid to crypto’s carbon footprint and electrical use, its impact on e-waste hasn’t received similar scrutiny, until now. A new study out this month in the journal Resources, Conservation and Recycling has come up… Read More »

Bitcoin Pulls Back Toward Lows of Volatile Week

By | October 19, 2021

The largest cryptocurrency by market value dropped as much as 3.2% to $44,760 during New York trading, before paring losses. Ether slumped as much as 6.5% to $3,210. The Bloomberg Galaxy Crypto Index fell as much as 5.9%.  Chartists looking at Bitcoin’s technicals see a potentially volatile period ahead as the coin bumps up against… Read More »

Why Cryptocurrency Matters To Finance And Accounting Professionals

By | October 19, 2021

If you pay attention to cryptocurrency markets, you’ll notice that prices have gone up—way up. Since 2009, the value of Bitcoin has gone from fewer than ten cents to over $56,000 (as of this writing). The value quadrupled in 2020 and surged more than 63 percent in 2021. Though investing in cryptocurrencies is not for… Read More »

Almost half of Singaporeans polled plan to buy cryptocurrency in the next 12 months

By | October 19, 2021

About 43 per cent of Singaporeans surveyed owned cryptocurrency, with the ownership rate highest at 66 per cent among those from 26 to 45 years old. (PHOTO: Getty) By Chelsea Ong SINGAPORE — Cryptocurrency is gaining recognition and acceptance by Singaporeans, according to a survey commissioned by Independent Reserve. This is among the findings of… Read More »