ITC

Dec 16 2024FINANCE

Bitcoin Breaks $106K, But Will It Last?

Bitcoin hit a record high over the weekend, reaching $106, 449 before dropping below $104, 000 on Monday. This rollercoaster ride comes as the Federal Reserve is set to make its final interest rate decision of the year. Investors are eagerly waiting to see if the Fed will cut rates again, which coul

reading time less than a minute
Dec 16 2024CRYPTO

Bitcoin's Big Year: Will States Jump On Board in 2025?

The future of bitcoin is looking bright. With the new presidential administration in 2024, we might see a surge in crypto-friendly policies. Some states are already considering bills to make their laws more open to cryptocurrencies like bitcoin. Many people believe that bitcoin is a great way to pro

reading time less than a minute
Dec 15 2024TECHNOLOGY

Bitcoin's Blockchain Hack: Achieving Instant Consistency

You know how Bitcoin transactions take forever to confirm? That’s because Bitcoin uses something called eventual consistency. It’s like waiting for everyone at a large dinner table to agree that the soup is delicious before you can enjoy it. But what if there was a way to make Bitcoin transactions

reading time less than a minute
Dec 15 2024CRYPTO

Iran's Power Crisis: Is Bitcoin Mining Siphoning Energy?

As winter approaches, Iran is facing rolling blackouts, leaving people and businesses in the dark. The country’s energy woes are a blend of many factors, including economic mismanagement, international sanctions, and, perhaps surprisingly, a cryptocurrency boom. Bitcoin mining, which demands vast am

reading time less than a minute
Dec 15 2024CRYPTO

Miners Follow MicroStrategy's Bitcoin Boost Strategy

Did you know that bitcoin miners are adopting a strategy originally used by MicroStrategy? This strategy involves holding onto bitcoins instead of selling them right away. It all started when MicroStrategy's shares skyrocketed during the cryptocurrency rally. Their success caught the attention of mi

reading time less than a minute
Dec 15 2024CRYPTO

Prepare Your Wallets: New Crypto Tax Rules Are Coming in 2025

Get ready, crypto investors! The new year is bringing some big changes to how you report your crypto profits. Starting January 1, brokers and exchanges will start using a new form called the 1099-DA to report your gains. This means you'll need to keep a close eye on your cost basis – the amount you

reading time less than a minute
Dec 15 2024POLITICS

Senate Leader Slams Anti-Vaccine Move Targeting Polio Shot

Mitch McConnell, the US Senate minority leader who survived polio as a kid, condemned the actions of a lawyer associated with Robert F. Kennedy Jr. This lawyer asked the FDA to revoke the polio vaccine's approval, despite it saving millions of lives. McConnell warned that such moves undermine public

reading time less than a minute
Dec 14 2024CRIME

Crypto Trader's Tax Cheat Plan Unravels

Meet Frank III, an Austin, Texas man with a bitcoin investment side hustle. He started buying bitcoins in 2011 and really hit the jackpot in 2015 when he bought over a thousand. By 2017, he sold some and made a cool $3. 7 million, which he used to buy a new home in Utah. The problem? He didn't want

reading time less than a minute
Dec 13 2024SCIENCE

The Temperature Dance of KaiB: A Closer Look

Ever wondered how tiny creatures like cyanobacteria tell time? It's all thanks to a protein called KaiB, which has a neat trick up its sleeve. KaiB can change its shape, switching between two states: a stable one and an unstable one. This switch is crucial for the bacteria's internal clock, creating

reading time less than a minute
Dec 11 2024SPORTS

The Yankees' Big Bet: Will Max Fried's Health Hold Up?

The New York Yankees have made a significant move, signing former Braves pitcher Max Fried to an eight-year, $218 million deal. This is a huge contract for a left-handed pitcher, and Yankee Stadium is known to be friendly to lefties. Fried has a strong record, with a 2. 81 ERA over the past five yea

reading time less than a minute