The Urban Mine

Empowering Communities with E-Waste


Bitcoin was invented in 2008 by  Satoshi Nakamoto, an unknown person or persons, and is the world’s first digital money (cryptocurrency).

Bitcoin transactions are on a secure, decentralized blockchain-based network. Its a new kind of money that’s instant, private, and free from traditional bank stranglehold


Cash Rain: Get in on the Ground Floor. It’s the Future of Cryptocurrency and Social Media

Kim Dotcom is Backkkkk! And this time he’s both merged Crytpo and Social Media together, he’s also revolutionizing them. It’s Finally here – A Free Platform to give back to your Community and Followers! What is Cashrain? Cashrain is a platform where creators create communities for their members. People can send Bitcoin Cash (BCH) “rain” […]

Dubai to benefit from expanding crypto market, Bittrex Global CEO says

The United Arab Emirates (UAE) and Dubai are among the most friendly jurisdictions for the cryptocurrency industry, according to the CEO of Bittrex Global crypto exchange. Dubai is likely to benefit from the expanding crypto market in the Middle East as local regulators increasingly accept blockchain-related technologies, Bittrex Global CEO Stephen Stonberg said in an […]

Bitcoin whales join ‘small fish’ in buying BTC as price holds above $47K

Rich crypto investors are turning their attention back to Bitcoin (BTC) as its price continues to eye a breakout move above $50,000. Crypto-focused newsletter Ecoinometrics reported positive changes in Bitcoin holdings for addresses controlling 1,000–10,000 BTC. So, based on their rising account balances throughout August, Ecoinometrics spotted a renewed accumulation sentiment among “whales,” hinting that […]

Bilaxy exchange suspends website after ERC-20 hot wallet hack

Bilaxy, a lesser-known cryptocurrency exchange, has confirmed a major hacking incident, reporting losses of funds due to an exploit of the platform’s ERC-20 hot wallet. Bilaxy announced on its Telegram channel that the crypto exchange suffered a “serious hack” on Aug. 28 between 6 p.m. and 7 p.m. UTC, resulting in the transfer of 295 […]

Is the time right for $50K BTC? 5 things to watch in Bitcoin this week

Bitcoin (BTC) is keeping everyone guessing this week as another Monday starts below $50,000. After rangebound movements over the weekend, bulls are still waiting for a decisive attack on the $50,000 mark — could it happen now? Despite optimism from analysts, it seems that not even an “uber dovish” Federal Reserve has the fuel to […]

Bitcoin Bull and Bear Cycles To Become a Thing of the Past, According to On-Chain Analyst Willy Woo

On-chain analyst Willy Woo says that pronounced bull and bear cycles will become a thing of the past for Bitcoin. In a new interview with news personality Natalie Brunell, Woo says that the typical four-year cycles that most analysts observe in Bitcoin will be replaced by a “drunken walk” upward, much like the S&P 500 […]

Bitcoin Adoption Rages On As Crypto ATM Machine Hits Central American Country

Global Bitcoin adoption is accelerating as another Central American nation sees the arrival of its first-ever crypto ATM machine.  According to Reuters, local firm TGU Consulting Group installed the machine called “la Bitcoinera” in an office tower in Tegucigalpa, the capital of Honduras.   The machine allows users to purchase Bitcoin (BTC) and Ethereum (ETH) […]

Why a $50K-retest is likely ahead of Friday’s US jobs data

The heavy selling in the U.S. dollar market at the end of last week assisted Bitcoin (BTC) to climb above $49,000. However, BTC struggled to extend its climb above $50,000, a psychological resistance level, as investors remained cautious about the Federal Reserve’s taper timing.  Bitcoin corrects after logging its week-to-date high of $49,667. Source: […]

How does the infrastructure bill affect the mining industry in the US?

On August 10, the United States Senate voted to pass a $1 trillion bill to revitalize America’s infrastructure. From the standpoint of the crypto community, miners in particular, the Senate’s foray into crypto legislation has been a disaster. Unless the language defining brokers in the bill is clarified, it will singlehandedly thwart the growth of […]

Bitcoin’s key momentum metric just flashed bearish with BTC price pinned under $50K

The run-up in the Bitcoin (BTC) price toward $50,000 last week risks exhaustion due to a mismatch between the cryptocurrency’s price and momentum trends. So it appears the Bitcoin’s price and relative strength index (RSI) have been moving in the opposite direction since late July. In doing so, even a strong push higher in the […]

Scroll to top