Metromile Will Embrace Bitcoin For Insurance Premium And Claim Payments

You might be using an unsupported or outdated browser. San Francisco-based Metromile, which offers pay-per-mile insurance, says that it will roll out cryptocurrency capabilities later this year. Massachusetts-based Premier Shield Insurance, an insurance agency, says it lets policyholders pay auto, home and business insurance premiums and agency fees with Bitcoin, up to a limit of […]

Bitcoin Devours More Electricity Than Many Countries [Infographic]

Bitcoin, along with other cryptocurrencies, has been criticized for price volatility, high and variable transaction costs, poor security and use in illegal transactions. Mining involves the calculation of complex mathematical equations and it is extremely energy intensive, requiring powerful and expensive computer equipment. Putting the figure into perspective, it could power all of the kettles […]

‘Joke’ Bitcoin Rival Dogecoin Found To Have ‘Remarkably Strong Fundamentals’ As The Price …

billionaire and dogecoin devotee Elon Musk’s planned SNL appearance. Dogecoin, which was created in 2013 as a “joke,” has shot up the cryptocurrency rankings this year and is now the fourth most valuable digital token, behind only bitcoin, ethereum and BNB, a token issued by crypto exchange Binance. I have covered the rise of bitcoin […]

Bitcoin, Ether, The Flippening, And Future Trends For Crypto Development

Bitcoin has long been, ever since blockchain and crypto became part of the financial markets conversation, the market leader, conversation starter, and dominant force by any metric. On the other hand, however, ether and the Ethereum blockchain have rapidly moved up in terms of crypto valuation and the other applications that are developed on this […]

Over 1% Of Bitcoin’s Max Supply Now “At Work”

This figure doesn’t include any of the centralized organizations and platforms which conduct or facilitate Bitcoin financial services. Locking these coins allow Bitcoin holders to generate yield, leverage their Bitcoin as collateral, or utilize their Bitcoin in various smart contracts. Many “Maximalist” leaning Bitcoiners will be quick to point out the potential downsides associated with […]

‘The Most Anticipated Cannabis IPO Of The Year:’ Ascend Wellness Goes Public

Ascend’s go-public transaction was announced only a few days ago. The underwriters received an over-allotment option of up to 1.5 million shares, exercisable throughout the 30 days following the closing of the transaction. The stock starts trading on the Canadian Securities Exchange today, Tuesday, May 4, under the “AAWH” ticker. “We’re extremely proud that in […]

Rebelle, A Luxury Cannabis Dispensary In The Berkshires, Embraces Hygge Through Thoughtful …

Simply put, cannabis is becoming mainstream. New York City-based entrepreneurs Charlotte Hanna, Geraldine Hessler and Penelope Nam-Stephen sought out a different approach to cannabis through their first-ever cannabis store: Rebelle. “Most markets legalized medical first, and a lot of the medical dispensaries became recreational,” founder Charlotte Hanna tells Forbes. For Hanna, who designed the space […]

‘Its Time Has Come’—Ethereum Bulls Target A $5000 Price As Fresh Bitcoin Fears Swirl

“In 1997, we thought Netscape Navigator was by far the most advanced sophisticated browser and there would never be anything to compete with that. “Compared to , ethereum is more scalable, offers more uses and solutions, such as smart contracts which are already used across many sectors, and is backed with superior blockchain technology. I […]

Rich Investors Can’t Hide From Biden’s Capital Gains Hike In Bitcoin; None Of Us Can

Frustrated that savvy rich people will hide from the White House’s newly proposed tax hikes last week and sock it away into Bitcoin? Don’t worry. While most of us don’t have that much money in wages, dividends and other yield bearing investments to worry about this massive wealth transfer to the State, those who do […]

After ‘Leverage Wipeout’, Bitcoin Rises Again With $60000 In Sight

If you didn’t know Bitcoin was highly volatile, you probably do now. “Throughout the last week we have seen a total wipeout of leverage from the Bitcoin derivatives markets,” Will Clemente wrote as a guest analyst in Friday’s issue of The Pomp Letter on Substack. All of this helped Bitcoin reach the $50,000 price target […]