Tuesday, September 27, 2022
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Blockchain Op-Ed

Bitcoin and the Environment: Friends or Enemies?

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Whilst Bitcoin hovers around $20,000, Bitcoin mining is becoming more and more sustainable. It has been reported that around half a dozen Colorado-based gas and oil companies are teaming up with bitcoin miners in order to implement gas-to-Bitcoin flare mitigation solutions. This is after Colorado banned gas flaring, venting, and the release of raw gas into the atmosphere in November 2020. It has also been reported...

Investors Remain Cautious Before the Fed Make Their Move

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin and the crypto market saw a significant bounce yesterday, before finding resistance at $19,666 – the 2017 bull market top, a key resistance. Bitcoin...

ETH Merge – underrated or priced in?

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin started trading above $22,000 on Monday morning, ahead of the critical U.S. CPI release on Tuesday, as well as the highly...

Could Today’s CPI Data be Bullish?

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock  After Bitcoin slumped just under 5% on Tuesday, it hovers above $23,000 at time of writing,...

Will a Bitcoin ETF be Launched This Month?

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock . Bitcoin has broken the $24,000 level again this morning and is now up 37% in...