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News & Articles By Ethan Huff
12/13/2017
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By Ethan Huff
Gregory Mannarino warns that Wall Street is about to rip Bitcoin to shreds
Is there a future for Bitcoin? Not if Wall Street has anything to say about it. YouTuber Gregory Mannarino announced on Sunday that a futures exchange has now been set up for investors to speculate on the future price of Bitcoin – and according to Mannarino, this means that Wall Street could be planning to […]
12/11/2017
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By Ethan Huff
The feds just stole $1.7 billion in Bitcoin from a free market entrepreneur now serving life in prison
When the federal government shut down the infamous “dark web” marketplace known as Silk Road back in 2013, authorities also arrested the website’s creator, Ross Ulbricht – not for committing any actual crime, but simply for building the platform upon which “illegal” activity was reportedly taking place. But what many people don’t realize is that, […]
12/10/2017
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By Ethan Huff
$64M in Bitcoin was just stolen by hackers who targeted the NiceHash marketplace
Another major cryptocurrency heist is being reported in this news, this time at an online Bitcoin marketplace known as NiceHash. According to reports, hackers were somehow able to break into the NiceHash system and steal about 4,700 Bitcoins, which at the time (Bitcoin prices have since risen) were valued at nearly $64 million. In a […]
12/06/2017
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By Ethan Huff
David Stockman calls Bitcoin a “runaway bubble” in the throes of “mania” headed toward its own demise
Financial figurehead David Stockman has issued a stern warning for everyone involved, or considering involvement, with Bitcoin. In his personal view, the popular cryptocurrency is currently in the throes of a major bubble, and at some point soon it will eventually become so large that it finally bursts – to the financial detriment of millions. […]
12/05/2017
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By Ethan Huff
Federal Reserve vice chairman declares Bitcoin a serious risk to financial stability… crypto markets PLUNGE
The private central banking cartel is so worried about losing its grip on the financial instruments of the world that this mafia-like group of robber barons is now claiming that digital “cryptocurrencies” like Bitcoin “pose serious financial stability issues.” At the recent 2017 Financial Stability and Fintech Conference, Federal Reserve vice chairman of supervision Randy […]
12/05/2017
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By Ethan Huff
Coinbase just agreed to turn over user account information to the IRS
cryptocThe Internal Revenue Service is summoning its “pound of flesh” from Bitcoiners who use a popular online Bitcoin exchange known as Coinbase. According to reports, a federal judge in San Francisco recently ordered Coinbase to hand over to the IRS information on more than 14,000 Coinbase users from whom the collection arm of the private […]
12/04/2017
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By Ethan Huff
Bitcoin now consuming more electricity than 12 U.S. states as inefficient “mining” heads for collapse
You might not be able to see or touch it because it isn’t actually made up of real physical matter, but the digital cryptocurrency Bitcoin is still having an enormously tangible impact on the world – and no, we’re not talking about the way that it’s changing the financial landscape, in this case. According to […]
11/30/2017
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By Ethan Huff
Bitcoin is powered by COAL: Massive electricity usage to mine Bitcoins runs mostly on coal and pollutes the world with mercury and smog
Because they exist fictitiously somewhere out there in cyberspace, digital cryptocurrencies like Bitcoin might seem like more eco-friendly alternatives to traditional cash. But the latest data shows that not only does “mining” Bitcoin consume unprecedented amounts of energy, but the bulk of this energy comes from coal: A highly-polluting substance that, when burned, releases mercury […]
11/29/2017
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By Ethan Huff
Bitcoin on track to consume the ENTIRE global electricity supply by the year 2020
As the online cryptocurrency known as Bitcoin reaches record price highs, many people are now asking themselves: Is Bitcoin really where the financial sector is headed? Not if you care about the environment, suggests shocking new data compiled as part of Digiconomist‘s “Bitcoin Energy Consumption Index” (BECI). This eye-opening measure of how much energy it […]
11/17/2017
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By Ethan Huff
Feds claim that buying and selling large amounts of Bitcoin without a license is illegal in the United States due to “money transmitting business registration” laws
A Michigan man by the name of Bradley Anthony Stetkiw has run into some serious trouble with local authorities after he tried to sell several hundred thousand dollars’ worth of Bitcoin online. According to the Feds, Stetkiw’s actions in selling the cryptocurrency supposedly violate laws that prohibit the operation of an “unlicensed money transmitting business,” […]
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