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About Vince Saboti

Turkey’s Central Bank Bans Payments in Cryptocurrencies

Turkey’s Central Bank Bans Payments in Cryptocurrencies

Posted by By Vince Saboti April 19, 2021Posted inBitcoin News
Turkey’s central bank has prohibited the usage of crypto assets as a means of payment, asserting that they pose significant perils due to their volatile nature, irretrievable transactions and that they are used…
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The Hashrate of Chinese Mining Pools on the Bitcoin Network Plummets

The Hashrate of Chinese Mining Pools on the Bitcoin Network Plummets

Posted by By Vince Saboti April 17, 2021Posted inBitcoin News
The hashing power of the most important Bitcoin mining pools has slumped sharply due to an energy outage in China's Xinjiang province after a coal mine flooded. This was revealed by local media,…
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Berlin Hard Fork Launched on the Ethereum Blockchain

Berlin Hard Fork Launched on the Ethereum Blockchain

Posted by By Vince Saboti April 16, 2021Posted inBitcoin News
At block number 12,244,000 on the Ethereum blockchain, the scheduled Berlin hard fork was performed. The update contains four prospects to enhance the existing Ethereum network and lessen fees. Berlin's main goal is…
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Former CIA chief: "Bitcoins Are Easier to Trace Than Cash"

Former CIA chief: “Bitcoins Are Easier to Trace Than Cash”

Posted by By Vince Saboti April 16, 2021Posted inBitcoin News
Former chief of the CIA Michael Morell believes governments should utilize the blockchain to track down illicit activities. Michael Morell noted that the opinion of supervisors that Bitcoin is being used by criminals…
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Kraken CEO Conceives Crypto Exchange to Leave the United States

Kraken CEO Conceives Crypto Exchange to Leave the United States

Posted by By Vince Saboti April 15, 2021Posted inBitcoin News
Jesse Powell, the famous among crypto enthusiasts CEO of the Kraken crypto exchange stated in an interview with Fox Business that the firm could abandon the United States due to the strengthening of…
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Jesse Powell: "Regulation Can Damage the Cryptocurrency Industry"

Jesse Powell: “Regulation Can Damage the Cryptocurrency Industry”

Posted by By Vince Saboti April 14, 2021Posted inBitcoin News
Jesse Powell, the Kraken crypto exchange CEO, thinks that US regulators may try to "suppress" the digital asset sector. In a conversation with CNBC, Powell acknowledged that the expansion of the cryptocurrency market…
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Bitcoin Stable After Record Highs, as Coinbase Listing Looms Large

Bitcoin Stable After Record Highs, as Coinbase Listing Looms Large

Posted by By Vince Saboti April 14, 2021Posted inBitcoin News
BTC is trading around $63,025.78 as of 23:00 UTC late on Tuesday. This represents a 4.07% climb over the previous 24 hours. Bitcoin’s range in the past 24-hour: $59,728.31-$63,705.45. Coinbase’s broadly expected direct…
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Raoul Pal: "Bitcoin Volatility is a Friend of Cryptocurrency Traders"

Raoul Pal: “Bitcoin Volatility is a Friend of Cryptocurrency Traders”

Posted by By Vince Saboti April 13, 2021Posted inBitcoin News
Raoul Pal, a former hedge fund manager in Goldman Sachs and CEO of Real Vision TV, alludes to Bitcoin volatility as an encouraging factor for the crypto market. Raoul Pal acknowledged that Bitcoin…
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Bitcoin Could Become the New Gold Standard, Katie Wood Says

Bitcoin Could Become the New Gold Standard, Katie Wood Says

Posted by By Vince Saboti April 13, 2021Posted inBitcoin News
Katie Wood rated blockchain as one of the highly promising innovations in history so far, surpassing the scientific advances of the late 19th and early 20th centuries. CEO and founder of ARK Investment Management,…
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Survey: 9% of American Teens Engaged with Cryptocurrencies

Survey: 9% of American Teens Engaged with Cryptocurrencies

Posted by By Vince Saboti April 12, 2021Posted inBitcoin News
According to a recent survey performed by investment bank Piper Sandler, 9% of teenagers in the US have had some sort of cryptocurrency engagement. Experts view this as a dangerous trend because these…
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