Halfway To Clean: Bitcoin Hits 50% Renewable Mark, Ripple Chairman Reacts
Ripple’s chairman Chris Larsen praised the crypto network’s move toward greener energy this week. He spoke after Ripple handed over the “Skull of Satoshi” artwork at the 2025 Bitcoin conference. Larsen said the gift was a way to recognize progress and to build a better rapport between the two camps. Related Reading: $400K Bitcoin? Analyst Says It’s Not A Dream—It’s ‘Coded’ Ripple Bridges A Divide According to posts on X, Larsen funded the “Change the Code, Not the Climate” campaign entirely on his own back in 2023. He spent six figures to back Canadian artist Benjamin Von Wong’s piece,....
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The Bitcoin price has not quite been able to maintain the bullish momentum that saw it climb to a new all-time high last week. Instead, the premier cryptocurrency has succumbed to bearish pressure over the past few days, falling about 7% from its record-high price. Unfortunately, the Bitcoin price seems to be at the start of what could be a disappointing downward run over the coming weeks. The latest technical price data indicate a potential bearish trend reversal for the price of BTC, with the market leader at risk of losing its six-figure valuation. Which Technical Indicators Are....
A petition has been started calling on U.S. Securities and Exchange Commission (SEC) Chairman-Designate Gary Gensler to end the lawsuit against Ripple Labs and its executives over XRP tokens. The petition also demands “a thorough investigation of the matters that led to the last-minute lawsuit against Ripple, filed on the last day in office by former SEC Chairman Jay Clayton.” Petition to End SEC Lawsuit Against Ripple An XRP advocate, Thomas Hodge, has started a petition on Change.org calling on SEC Chairman-Designate Gary Gensler to “end the war on XRP.” Gensler....
Ripple and the U.S. Securities and Exchange Commission (SEC) have an ongoing legal battle. The regulator filed an action against the payment company at the end of 2020. Many believe that this was former SEC Chairman, Jay Clayton, decision before leaving office. During his administration, Clayton’s SEC denied several Bitcoin ETF proposals and was known […]
Crypto mining companies leveraging renewables may also have a much larger impact on clean energy for the environment. Bitcoin (BTC) may be the last thing one might consider when thinking about ways to ensure a clean-energy future. This has especially become the case following a tweet sent by tech entrepreneur Elon Musk back in May, in which he stated that Tesla would stop accepting BTC payments due to the increasing usage of fossil fuels for mining. Yet raising awareness around the high energy costs typically associated with Bitcoin mining didn’t negatively impact the crypto ecosystem — in....
Earth Day 2022 is a good day to highlight how crypto mining operations have begun to naturally gravitate towards cheaper and cleaner energy sources. April 22 is Earth Day and with environmental sustainability one of the key topics in the global debate surrounding Bitcoin mining, analysts say the industry has begun to naturally gravitate towards cleaner and cheaper energy sources.According to a January report by the Bitcoin Mining Council, by Q4 2021, the global Bitcoin mining industry ran on an estimated 58.5% renewable energy.The preference for clean energy is due to a combination of....