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Crypto Stocks Are Doing Absolutely Horribly

Crypto Stocks Are Doing Absolutely Horribly

By Victor Tangermann

Bitcoin — with a capital B — was designed to have a hard cap of 21 million Bitcoins, a limited coin supply. Miners are about to hit the 19 million mark.

They’ve Now Mined Almost All the Bitcoin That Will Ever Exist

By Victor Tangermann

Exxon Mobile is used to waste about 18 million cubic feet of gas per month. Now it's using the fossil fuel to power crypto mining rigs.

Exxon Mobil Is Starting to Burn Excess Gas to Mine Bitcoin

By Lonnie Lee Hood

After El Salvador's disastrous decision to make Bitcoin legal tender, Malaysia is excited to follow suit, Bloomberg reports.

Malaysian Government: Let’s Turn Bitcoin Into Legal Tender

By Victor Tangermann

Six months ago, El Salvador made Bitcoin legal tender and began requiring all businesses take it — and according to actual Salvadorans, it's apparently been a disaster.

El Salvador’s Bitcoin Gamble Has Become a Complete Mess

By Noor Al-Sibai

Has Elon Musk figured out the source of the "Satoshi Nakamoto" pseudonym given to Bitcoin's mysterious creator?

Elon Musk Shares Galaxy-Brain Theory About Bitcoin Creator

By Noor Al-Sibai

Russians are still able to use cryptocurrency exchanges to circumvent newly imposed sanctions — and former First Lady Hillary Clinton is absolutely furious.

Hillary Clinton Calls Out Crypto Exchanges for Letting Russia Bypass Sanctions

By Victor Tangermann

The rapping CEO who got arrested for alleged crypto laundering isn't a flight risk because, her lawyer says, she wants to stay close to her frozen eggs.

Lawyer for Crypto Laundering Rapper Says She Won’t Flee Because of Her Frozen Embryos

By Noor Al-Sibai

It's 2022, so naturally, the feds have brought down a Bitcoin-laundering power couple — one half of whom is a crypto wallet CEO who is also an extremely bad rapper.

Feds Arrest Crypto CEO for Bitcoin Laundering, But Her Real Crime Was Against Rap Music

By Noor Al-Sibai

Paul Krugman declares the current crypto crisis and tanking currency values to be really similar to the subprime mortgage crisis of the 2000s.

Nobel Prize Winner Says Crypto Reminds Him of the Disastrous Mortgage Crisis

By Lonnie Lee Hood

The aggregate crypto market has lost more than $1 trillion in a crash since late last year, and some experts argue regulation is the solution.

The Crypto Crash Has Destroyed a Trillion Dollars in Wealth

By Lonnie Lee Hood

Ozzy Osbourne and his NFT project CryptoBatz posted a tweet that led to people beign scammed out of thousands of dollars with little recourse.

Ozzy Osbourne’s NFT Company Got a Bunch of His Followers Scammed Out of Their Money

By Lonnie Lee Hood

Bitcoin continues to tumble down, down, down.

Bitcoin Is Down Really, Really Bad

By Noor Al-Sibai

Months after El Salvador announced that it would accept bitcoin as legal tender, the country has found itself on the verge of economic collapse yet again.

An Entire Country Switched to Bitcoin and Now Its Economy Is Floundering

By Tony Ho Tran

An options trader-turned-economic philosopher is slamming Bitcoin as a contagion — and as a former backer of the cryptocurrency, he should know.

Ex-Crypto Backer: Bitcoin Is a “Contagious Disease” and It’s About to Get Nasty

By Noor Al-Sibai

Analysts for investment bank UBS warned that crypto markets might be entering another “crypto winter” as prices steadily fall for the asset.

Financial Analysts Say Bitcoin’s Price Is Going to Keep Falling and Falling

By Tony Ho Tran

Siraj Raval has been using his 2018 Tesla Model 3 as a power source to mine ethereum and bitcoin, and has made up to $800 while doing so.

Tesla Owner Says He’s Making $800 Per Month Using His Car to Mine Crypto

By Tony Ho Tran

This week Kosovo announced a total crypto ban after spending the last 60 days in a government state of emergency over an ongoing energy crisis.

Another Entire Country Just Banned Crypto Mining

By Lonnie Lee Hood

Bitcoin was hit by a precipitous price drop on Wednesday following a draconian Internet crackdown in Kazakhstan, the second-largest mining hub in the world.

Bitcoin Crashes as Major Crypto Country Shuts Down Entire Internet

By Tony Ho Tran

Tesla CEO Elon Musk revealed today why he supports alternative cryptocurrency Dogecoin and isn't a huge fan of Bitcoin.

Elon Musk Explains Why He is “Pro Doge,” Not Bitcoin

By Victor Tangermann

A group of ardent anti-vaccine morons have created a new cryptocurrency based on the idea that vaccines lower your sperm count.

Anti-Vax Group Creates “Unvaxxed Sperm” Crypto Because God Is Dead and We Have Killed Him

By Tony Ho Tran

Crypto-savvy hamster Mr. Goxx, whose portfolio beat out some of the biggest traders in history, has tragically passed away.

The Crypto-Trading Hamster Has Died of Unknown Causes

By Victor Tangermann

El Salvador's president Nayib Bukele has announced the country's plans to build the world's first fully bitcoin bonds-backed "Bitcoin City."

El Salvador President Announces “Bitcoin City” Tax Haven

By Victor Tangermann

The cryptosphere is abuzz over a Florida court case in which the plaintiffs are claiming that one of the co-creators of bitcoin is dead.

Dubious Court Case Claims Bitcoin Co-Creator Is Dead

By Noor Al-Sibai

A Canadian crypto company is being criticized for opening a bitcoin mine in an impoverished Navajo Nation.

Startup Criticized for Bitcoin Mine in Impoverished Navajo Community

By Tony Ho Tran

The value of Bitcoin has hit all-time highs, trading at above $68,000 Tuesday morning — and investors are predicting its rise isn't over yet.

Bitcoin Crushes All-Time Record, With JPMorgan Predicting $146,000

By Victor Tangermann

The day after the cryptocurrency finally hit the New York Stock Exchange, Bitcoin has reached the highest price at any point in its 12-year history.

Bitcoin Hits Highest Price in Its Entire History

By Jon Christian

The New York Stock Exchange is expected to start allowing traders to bet on Bitcoin, in a milestone for the world of cryptocurrency.

Bitcoin Is Hitting The New York Stock Exchange Tomorrow

By Jon Christian

Tesla is technically up $1 billion in its Bitcoin investment, caused by Bitcoin rallying past the $60,000 mark this week.

Tesla Is Up $1 Billion on Its Bitcoin Investment

By Victor Tangermann

JPMorgan Chase CEO and outspoken crypto-critic Jamie Dimon said that he has no hopes in cryptocurrencies, calling Bitcoin "worthless" on Monday.

As Its Price Spikes, JPMorgan CEO Says Bitcoin Is “Worthless”

By Victor Tangermann

The Biden administration is allegedly looking into an executive order directing federal agencies to study crypto and give recommendations.

Biden Secretly Considering First-Ever White House “Crypto Czar”

By Tony Ho Tran

A Bitcoin mining operation in Canada tried to tap a nearby unused natural gas well for power — and got busted after neighbors started complaining of noise.

Science & Energy

Bitcoin Miners Open Secret Power Plant, Get Busted

By Victor Tangermann

More people than ever before are asking to get counseling at Castle Craig, the world's first rehabilitation clinic to treat cryptocurrency addiction.

People Are Flooding to Cryptocurrency Rehab Clinics

By Victor Tangermann

El Salvador has officially begun to mine Bitcoin using the power harnessed from a volcano — and has made 0.00599179 bitcoin, or about $269.

El Salvador Officially Starts Mining Bitcoin Using Power From an Actual Volcano

By Victor Tangermann

A Pennsylvania-based holding company called Stronghold Digital Mining bought a coal waste power plant over the summer to power 1,800 mining computers.

Science & Energy

Bitcoin Mining Company Buys Entire Coal Power Plant

By Victor Tangermann

China has declared all cryptocurrency transactions and any other related activities within its borders illegal, sending Bitcoin plummeting yet again.

China Makes Crypto Transactions Illegal, Prompting Bitcoin Market Crash

By Victor Tangermann

Bitcoin.org, which is the first Google search result for "bitcoin," got hacked and led visitors to an apparent giveaway scam, CoinDesk reports.

Bitcoin.org, Which Taught Users Not to Get Scammed, Gets Hacked and Replaced With Scam

By Victor Tangermann

A glitch on the prominent crypto data platform Pyth showed Bitcoin prices plummet down to just over $5,400 on Monday, but the drop never happened.

Science & Energy

Wall Street Glitch Showed Bitcoin Crashing to $5,400

By Dan Robitzski

Thanks to a recent dip in the value of Bitcoin, president Nayib Bukele is looking to cash in and announced he "bought the dip."

In Response to Dip, El Salvador Buys a Bunch More Bitcoin

By Victor Tangermann

El Salvador is now the first country to accept Bitcoin as legal tender, and Edward Snowden predicts that many more will soon follow.

Edward Snowden Predicts Massive Bitcoin Adoption by Governments

By Dan Robitzski

Stefan Ingves, the governor of Sweden's central bank, compared Bitcoin to trading stamps, undermining the validity and feasibility of the cryptocurrency.

Swedish Central Bank Head: Bitcoin Price Could Completely Collapse

By Victor Tangermann

A group of Bitcoin bros' plan to buy a cruise ship and turn it into a floating crypto utopia, fell apart during the boat's (empty) maiden voyage.

Bitcoin Dudes Buy Cruise Ship for Crypto Utopia, Immediately Bungle Everything

By Dan Robitzski

Elon Musk once again criticized Bitcoin, arguing that the underlying technology of Dogecoin is better suited for scalability.

Man Sues Parents of Kids Who Stole His Bitcoin

By Tony Ho Tran

The Bitcoin business called Bitcoin Embassy in the small libertarian town of Keene, New Hampshire, was raided by federal agents back in March

Feds Smashed Armored Vehicle Through Wall During Bitcoin Raid

By Victor Tangermann

Bitcoin's value shot up above $39,000 for the first time in almost six weeks, a jump of almost 12 percent within the last 24 hours, according to CoinDesk.

Bitcoin Price Suddenly Shoots Up

By Victor Tangermann

Not just Tesla is hoarding Bitcoin — SpaceX is amassing undisclosed amounts of the cryptocurrency as well, Elon Musk revealed during a conference.

Elon Says SpaceX is Also Hoarding Bitcoin, Not Just Tesla

By Victor Tangermann

At a blockchain conference today, Elon Musk revealed that "most likely, Tesla would resume accepting Bitcoin," but on one condition.

Oops, Elon Musk Says Tesla Might Start Taking Bitcoin Again

By Victor Tangermann

Bitcoin has dipped below the $30,000 mark for a second time in months as Wall Street is starting to grow anxious of a resurgence of COVID-19 cases.

Bitcoin Crashes Below $30,000. Again.

By Victor Tangermann

Law enforcement officials in Malaysia seized 1,069 bitcoin mining rigs before crushing them all with a big steamroller last week.

Watch Police Crush 1,069 Bitcoin Mining Rigs With a Huge Steamroller

By Tony Ho Tran

In order to meet the industry's incredible energy demands, crypto miners are buying and setting up shop inside existing power plants.

Crypto Miners Are Buying Up Entire Power Plants

By Dan Robitzski

Over $21 million worth of Bitcoin were just moved out of a ten-year-old wallet that has been dormant since 2012. Was Satoshi Nakamoto behind it?

A Cache of Ancient Bitcoin, Possibly Mined by Satoshi, Just Awakened

By Victor Tangermann

Elon Musk once again criticized Bitcoin, arguing that the underlying technology of Dogecoin is better suited for scalability.

Science & Energy

Elon Musk Slams Bitcoin’s Underlying Technology

By Dan Robitzski

The producers of the popular Netflix series "Queer Eye" are working on a new major TV network show — and its a bit of a doozy.

Reality Show Seeks Idiots Who Have Forgotten Their Bitcoin Passwords

By Victor Tangermann

A retired gas-fired power plant was converted into a Bitcoin-mining facility in upstate New York — and its heating up a nearby lake considerably.

Science & Energy

Neighbors Accuse Bitcoin Mining Facility of Warming Up Entire Lake

By Victor Tangermann

China is seriously starting to crack down on crypto mining within its borders, forcing miners to sell off their hardware in record numbers.

After Ban, Chinese Bitcoin Miners Are Flooding the Market With GPUs

By Victor Tangermann

Bitcoin billionaire and crypto exchange founder Mircea Popescu has reportedly been found dead off the coast of Costa Rica, MarketWatch reports.

Bitcoin Billionaire Reportedly Found Dead

By Victor Tangermann

Guggenheim's chief investment officer (CIO) and noted Bitcoin bear Scott Minerd expects Bitcoin to sink as low as $15,000, a drop of over 50 percent.

Expert: Bitcoin Is Gonna Crash Below $15,000

By Victor Tangermann

Tesla CEO Elon Musk agreed to have aa chat with Twitter CEO Jack Dorsey at a Bitcoin event on July 21, according to a recent Twitter exchange.

Elon Musk Is in Bitcoin Talks With the CEO of Twitter

By Victor Tangermann

Elon Musk Says Tesla Will Accept Bitcoin Again, on One Condition

Elon Musk Says Tesla Will Accept Bitcoin Again, on One Condition

By Dan Robitzski

The Bitcoin Mining Council, a group of miners trying to make crypto more sustainable, left a prominent figure in the industry behind: Elon Musk.

Sustainable Bitcoin Mining Group Disavows Elon Musk

By Dan Robitzski

A farmer in Wales built his own Bitcoin mine, which he powers by burning the methane emitted from his cows' decomposing turds.

A Farmer Is Using Cow Turds to a Power Bitcoin Mining Operation

By Dan Robitzski

Chinese authorities arrested over 1,100 people accused of laundering money through Bitcoin in order to hide their telecom fraud.

China Arrests Over 1,100 People for Laundering Crypto

By Dan Robitzski

After making Bitcoin legal tender, president Nayib Bukele wants to use volcano-based geothermal energy to mine the cryptocurrency.

New Facility Will Use Volcano to Power Bitcoin Mining Operation

By Victor Tangermann

According to Bloomberg Opinion columnist Liam Denning, Bitcoin's drop could make a Bitcoin sale "mighty tempting, regardless of what Musk tweeted."

Tesla Accused of Secretly Selling Part of Bitcoin Hoard

By Victor Tangermann