Michael Lavere

News Reporter

Mike is a financial and cryptocurrency journalist for CryptoGlobe covering the industry since 2017. Mike is an alumnus of the University of North Carolina Chapel Hill.

Articles by Author

Australian Bitcoin Mining Firm Not Worried About Recent Crypto Market Correction

A major Australian Bitcoin mining firm does not appear concerned about profitability of its operation despite the current bear market. According to a report by The Sydney Morning Herald on May 12, Daniel Roberts, co-founder and CEO of Australian-founded sustainable Bitcoin mining company Iris Energy remains unmoved by the rapid changing $BTC price. Roberts, based […]

U.S. Treasury Secretary Calls For Regulation Following TerraUSD’s Epic Collapse

U.S. Treasury Secretary Dr. Janet Yellen has called on U.S. Congress to enact regulations for stablecoins following TerraUSD’s epic collapse in price last week.  Yellen made her comments last Tuesday (May 10) while testifying before the U.S. Senate Committee on Banking, Housing and Urban Affairs, saying that she believes stablecoins pose a risk to the market’s financial […]

Bitcoin Bull Anthony Pompliano Predicts What Will Bring $BTC’s Next Wave of Adoption

Crypto influencer Anthony “Pomp” Pompliano says that Bitcoin’s on-chain transparency will be the next major selling point for investors.  Speaking in a recent episode of “The Best Business Show”, Pompliano told viewers that the transparency of Bitcoin’s on-chain data will be increasingly appealing to investors. Pomp cautioned that while on-chain data is not “some magical […]

InvestAnswers Host Calls Solana ($SOL) the Top Ethereum Competitor

Popular crypto analytics and market commentary show InvestAnswers says that Solana ($SOL) is likely still the top competitor for Ethereum ($ETH).  Speaking in a recent YouTube video, the show’s host told viewers that he still considers Solana a hedge against Ethereum and maintains his “day one thesis” that Solana is a potential “ETH killer. The […]

Cardano ($ADA) Founder Tells Newcomers to Crypto Market There Is No Reason To Panic

Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, is doing his best to quell concerns over a crypto market recession, saying that large corrections are routine for the industry.  In a video released on his YouTube channel on May 11, Hoskinson […]

Investment Strategist Lyn Alden Calls Bitcoin ‘Fastest Horse’ in Crypto Race

Highly respected equity research analyst and investment strategist Lyn Alden says that Bitcoin will continue to be the dominant currency in the digital asset market and outpace its competition.  Speaking in a recent interview with the “What Bitcoin Did” podcast, Alden argued that Bitcoin’s greatest competition in the crypto race would come from central bank digital currencies […]

Polkadot ($DOT) and Cosmos ($ATOM) Go Head-to-Head in Latest Coin Bureau Episode

Popular crypto analytics and market commentary show Coin Bureau has examined the potential of competing blockchains Polkadot ($DOT) and Cosmos ($ATOM).  Speaking in a recent YouTube update, Coin Bureau host “Guy” told viewers that he has big expectations for both Polkadot and Cosmos as blockchains built for scaling and cross-chain interoperability.  Guy highlighted the demand […]

Michael ‘Diamond Hands’ Saylor Not Worried About Recent Drop in Bitcoin Price

Recently, MicroStrategy’s founder and CEO Michael Saylor explained why it is extremely unlikely that his firm will be forced to see any of its Bitcoin holdings. In a tweet published in the aftermath of Bitcoin falling below 50% from its last all-time price high, Saylor outlined MicroStrategy’s $BTC position to investors. Saylor said the firm, […]

Some London Muggers Are Reportedly Targeting Crypto Investors’ Mobile Phones

A recent report by The Guardian claims that crypto muggings are on the rise in London, as thieves target phones in order to gain access to digital assets.  According to the report, police have warned that thieves are targeting digital currency investors in a wave of “crypto muggings.” Victims are reporting that thousands of pounds […]

Coin Bureau on Cardano ($ADA): “There’s Still Lots of Demand for ADA”

The host of popular crypto analytics and market commentary show “Coin Bureau” says that Cardona’s demand is surging despite the coin’s recent lackluster price performance.  Speaking in a recent YouTube update, Coin Bureau host “Guy” told viewers that Cardano’s adoption has been red hot. He claimed that the number of unique Cardano wallets had increased […]

$1 Million or Bust: Crypto Billionaire Brock Pierce Predicts the Future of Bitcoin

Bitcoin Foundation chairman and billionaire investor Brock Pierce says that the price of Bitcoin will either go to $1 million or fall to zero.  During a recent interview with Fox Business on May 6, at a time when Bitcoin was trading around $36,157, Pierce predicted that Bitcoin will either succeed and rise to an astronomical […]

Weiss Ratings Analyst Urges Caution Over Crypto-Backed Mortgages

Recently, an analyst who works at Weiss Ratings, the only financial rating agency that grades cryptoassets, issued a dire warning over cryptoasset-backed mortgages, saying they present a significant risk.  According to a report by Cointelegraph, Weiss, which is based out of Florida, Weiss analyst Jon D. Markman released a report on May 2 that looks […]

Opera’s Crypto Browser Integrates With Binance’s BNB Chain

Opera (NASDAQ: OPRA), “the company behind the popular multi-platform web browser”, has added support for BNB Chain in its “Crypto Browser” project. On February 15, Binance announced BNB Chain, which it referred to as “the Evolution of Binance Smart Chain.” Binance said that the BNB Chain network has two components: “BNB Beacon Chain (previously Binance Chain) […]

$BTC: What Life Is Like for Foreigners Who Have Moved to ‘Bitcoin Beach’

Recently, American current affairs TV program “60 Minutes” shed some light on how young affluent foreigners are finding life on a beach town in El Salvador, where Bitcoin is legal tender. As you may remember, the bill to make Bitcoin legal tender in El Salvador got passed by the Legislative Assembly on June 9 and the Bitcoin […]

More and More Moms Are Embracing Crypto to Help Their Families Get Richer

Moms are increasingly turning to crypto as the world edges towards a digital landscape.  According to a report by NBC News, moms are diving into the crypto space in an attempt to educate themselves on the digital landscape. The report profiles the efforts of Sarah Monson, who became motivated to learn about cryptocurrencies and NFTs […]

Coin Bureau: Here’s Why the U.S. SEC Is Going After Ripple and XRP

The host of popular crypto commentary and market analytics show Coin Bureau has shed some light on why the U.S.’s top financial regulator is targeting Ripple (which is headquartered in San Francisco, California) and digital asset XRP. In December 2020, the U.S. Securities and Exchange Commission (SEC) charged payments start-up Ripple and two executives — […]

‘Tomb Raider’ IP Being Sold by Video Game Publisher to Fund Investment in Blockchain Technology

Square Enix Holdings Co., Ltd, which is a highly successful ‘Japanese entertainment conglomerate and video game company’ (perhaps best known for its “Final Fantasy” role playing video game franchise), is reportedly interested in blockchain technology. According to a report by CNBC, Square Enix is selling the iconic “Tomb Raider” franchise to Sweden’s Embracer Group in […]

‘Rich Dad Pood Dad’ Author Says ‘Biggest Depression Ever’ Might Have Started

Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, says that the U.S. could be heading towards another economic depression and market “bust.” “Rich Dad Poor Dad“, which is one of the top 10 personal finance books of all time, “advocates the importance of financial literacy (financial education), financial […]

The Story of How One Man’s Crypto Addiction Nearly Ruined His Life

A recent report from a patient attending a rehab clinic in Thailand for his crypto addiction sheds light on what might be a growing problem for many around the word as crypto goes more and more mainstream. According to a report by CoinDesk, crypto addiction — while not often spoken about — is similar to […]

InvestAnswers Host: “There’s Only One Hard Asset on This Planet” and “That’s Bitcoin”

Recently, James Mullarney, the host of the very popular YouTube channel “InvestAnswers” explained why Bitcoin is the best inflation hedge.  When Mullarney was interviewed on April 22 by crypto analyst Benjamin Cowen, he said that average investors are turning towards cryptoassets as an escape from inflation. He argued that investors have wizened to the fact […]

BitMEX Co-Founder Explains Why the Bitcoin Price Could Reach $1 Million by 2030

A co-founder and former CEO of crypto derivatives exchange BitMEX says he expects Bitcoin to reach $1 million by 2030, while predicting that the European Union and United States will fall into decline.  According to a recent blog post, Arthur Hayes predicted that the Bitcoin price would reach $1 million within this decade. Hayes noted […]

Fort Worth, Texas Set to Become First U.S. City To Mine Bitcoin

Fort Worth city council has approved a pilot Bitcoin mining project as part of a set of measures designed to make the city become a leading technology hub. According to a report by CNBC, Fort Worth’s mayor Mattie Parker oversaw the construction of a small mining farm in City Hall in order to mine Bitcoin. […]

Redditor Accepts Bitcoin To Repair a Lamborghini Aventador

A Kansas City, Missouri Lamborghini owner is doing his best to bring back the lambo memes by using Bitcoin to pay for the repairs on his sports car.  According to an interview with Cointelegraph, Reddit user “JayFab” (who apparently owns “a welding and fabrication company”) says he accepted Bitcoin in lieu of cash as payment […]

Finland’s Customs Agency Selling Confiscated Bitcoins To Help Ukraine

Finland says it will donate “tens of millions” of euros generated from the sale of confiscated Bitcoin in order to provide financial support for Ukraine. According to a report by Euronews, Finland’s finance minister has announced a plan to support Ukraine’s war effort against Russia via the sale of confiscated cryptoassets. The country currently holds […]

Argentinians Embrace Crypto As They Attempt Escape From Economy-Related ‘Trauma’

Argentina has become one of the world’s forefront countries in crypto adoption as the population seeks an alternative from a long history of fiat woes.  According to a report by BBC News, Argentinians have embraced crypto as a way to escape the distrust and “trauma” related to the country’s tumultuous economy. The article profiles Jerónimo […]

Robinhood CEO Proposes How Dogecoin Could Become Internet’s Currency

Vladimir Tenev, CEO of hugely popular retail-focused commission-free stock and crypto trading platform Robinhood, recently outlined how Dogecoin ($DOGE) could become the “future currency of the internet.” In a series of Tweets, Tenev tackled how $DOGE could become a primary currency for the internet as his company Robinhood recently added the ability for users to send […]

Coin Bureau: Market Cap of This Ethereum Competitor ‘Still Has Lots of Room To Grow’

The host of popular crypto analytics and market commentary show Coin Bureau says that the $NEAR token looks ready for a price rally.  Here is what Binance Research said about NEAR Protocol ($NEAR) in October 2020: “NEAR Protocol is a decentralized application platform designed to make apps similarly usable to those on today’s web. The network runs […]

Opera Launches Beta Version of Their ‘Crypto Browser’ for iPhone and iPad

Recently, Opera (NASDAQ: OPRA), “the company behind the popular multi-platform web browser”, announced the launch of iOS support for their “Crypto Browser” project. According to the press release issued by Opera on April 14, “Web 3 is gaining momentum, with a record 34 thousand developers having joined the space in 2021 to work on a growing number […]

‘Impulsive Psychopaths Like Crypto’, Says Recent Research Report

A recent research report by three academics based in Australia claims “the high risks and high potential returns of crypto trading make it attractive to the kind of people who like gambling.” According to a report by The Conversation published on April 11, the three academics — Di Wang, Senior lecturer at Queensland University of […]

Ukraine’s Central Bank Disallows Buying Crypto With Local Currency Bank Accounts

Ukraine’s central bank has announced new restrictions on purchases of crypto (and other such “quasi cash’” transactions). According to an announcement made on April 21 by the National Bank of Ukraine (NBU), holders of bank accounts in the local currency (UAH) are now longer allowed to use these accounts to buy crypto. As for foreign […]

Cardano ($ADA) Founder Curious About Who Will Play Him in Upcoming Ridley Scott Movie About History of Ethereum

On Friday (April 22), Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, took to Twitter to ask followers who should play his role in the upcoming film about the origin and development of Ethereum. As you may already know, in July 2020, […]

Ripple CEO on How ‘Tribalism’ Is Stopping Crypto Space From Achieving Its Full Potential

Recently, Ripple CEO Brad Garlinghouse explained how “tribalism” is holding back the entire crypto market. On April 14, during a fireside chat with CNBC reporter Ryan Browner at this year’s Paris Blockchain Week event, Garlinghouse talked about crypto regulation. According to CNBC’s report, Garlinghouse argued that crypto tribalism is to blame for the weak lobbying […]

Report: 3.6 Million Americans Will Be Using Crypto in 2022 To Pay for Purchases

A new report claims that 3.6 million Americans will use cryptoassets for purchases before the end of 2022.  According to a report by The Street, citing data from Insider Intelligence, crypto adoption is accelerating in 2022, with 10.7% of all crypto owners in the U.S. expected to use their digital assets for payments. The report […]

Crypto-Collateralized Mortgages Are Becoming More Widely Available

Mortgages backed with Bitcoin (and a few other cryptoassets) as collateral are becoming more readily available (at least in the U.S.) as new startups race to offer novel solutions for homebuyers.  According to a report by Barron’s, FinTech startup Milo began offering 30-year mortgages backed with cryptoassets in March. Milo CEO Josip Rupena said the […]

Blogger Shares Simple Method for Early Retirement by Investing in Crypto

A blogger and Bitcoin enthusiast by the name of “Mr. ERB” (short for “Mr. Early Retirement by Bitcoin”) has shared his method for amassing crypto wealth on the way to an early retirement.  Speaking in an interview with Cointelegraph, Mr. ERB (whose blog is called “Early Retirement by Bitcoin“) said that his primary motivation for […]

Report: London Offers Booming Job Market for Crypto

A recent report claims that London has become a hotspot for job offerings in the crypto industry.  According to a report by City A.M., the United Kingdom is gaining on the United States in the number of crypto job vacancies being posted. The report claims crypto job hunting in the US currently stands at 3,893, […]

Polygon ($MATIC) ‘Going Carbon-Negative in 2022, and Climate Positive Beyond That’

The Polygon ($MATIC) team has pledged to make its blockchain officially carbon neutral by the end of the year.  According to an announcement made by the official Polygon Twitter account, the network is aiming to go carbon neutral by the end of this year and climate positive at some point in the future. The commitment […]

Retired Nurse Reportedly Loses $43,100 As the Result of a Phishing Attack

A retired nurse reportedly lost $43,000 from her life savings after being targeted by phishing scammers. According to a report by The New York Post, the retired nurse had the computer at her part-time job hacked via a common phishing scheme. The scammers were able to install malware on the woman’s computer through a fake […]

Blockchain.com Signs ‘Historic’ Sponsorship Deal With NFL Team Dallas Cowboys

Blockchain.com, which describes itself as “the world’s leading crypto finance house serving people, projects, protocols and institutions since 2011,” has announced a new sponsorship deal with the National Football League’s Dallas Cowboys team.  Blockchain.com issued a press release on April 13 to announce that it will “become the exclusive digital asset partner of the Dallas […]

‘Shark Tank’ Star Says ‘A Wall of Money’ Is Waiting To Invest in Crypto

Canadian investor Kevin O’Leary (aka “Mr. Wonderful” on ABC TV series “Shark Tank“), said in a recent interview that a massive amount of institutional investment capital is waiting to flow into crypto.  O’Leary claims that institutional capital is waiting on the sidelines for regulatory clarity before investing in crypto. During an interview with Michelle Makori, editor-in-chief of Kitco News, at the recent Bitcoin […]

Ex-Goldman Exec Highlights Bullish Indicators and High Upside for Crypto Markets

Former Goldman Sachs executive Raoul Pal says that the crypto markets have reached their relative price low, and that the industry is positioning itself for another rally.  Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro Fund in London for global asset management firm GLG Partners (which […]

Coin Bureau Sees ‘A Promising Future’ for This Polkadot ($DOT) Parachain Project

Popular crypto analytics and market commentary show Coin Bureau recently explained why he is so bullish on a certain Polkadot-based altcoin. The project that the Coin Bureau host is excited about is EVM-compatible smart compatible platform Moonbeam ($GLMR), which went live on Polkadot on January 11, thereby becoming the first fully operational parachain on Polkadot ($DOT). Moonbeam is […]

‘Rich Dad’ Author Robert Kiyosaki Explains Why He Has Invested in Solana ($SOL)

During a recent interview with Kitco News, Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, shared his latest thoughts on inflation and crypto. “Rich Dad Poor Dad“, which is one of the top 10 personal finance books of all time, “advocates the importance of financial literacy (financial education), financial […]

BitMEX Co-Founder Expects ‘crypto carnage’ in Q2 2022

One co-founder of Crypto derivatives exchange BitMEX has issued a dire warning for Bitcoin, Ethereum and other cryptoassets.   Arthur Hayes, Co-Founder and former CEO of BitMEX, argued in a recent blog post that cryptoassets and the traditional financial markets are heading towards a major price crash.  According to Hayes, the Federal Reserve and other major […]

InvestAnswers Host Predicts Privacy Coins Will Be Crushed by Upcoming Crypto Regulations

The host of popular crypto analysis and market commentary show InvestAnswers claims that privacy-focused altcoins will likely be hammered by the impact of government regulations.  Speaking in a recent interview, the host of InvestAnswers explained that he is skeptical about investing in privacy coins, which he believes are going to come under greater scrutiny by […]

You Can Now Earn NFTs by Learning About Blockchain Technology

A gamified educational platform from Stellar Development Foundation (SDF) lets people earn non-fungible tokens (NFTs) by learning about blockchain technology in general and Stellar ($XLM) Network in particular. Stellar is “an open-source network for currencies and payments”, and it “makes it possible to create, send and trade digital representations of all forms of money—dollars, pesos, […]

Coinbase ‘Creating an Interactive Three-Part Film’ Based on Bored Ape Yacht Club

Crypto exchange Coinbase has announced that is working on a three-part movie called “The Degen Trilogy” based upon the highly popular non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC). Here is how Yuga Labs, the team behind Bored Ape Yacht Club (BAYC), describes this NFT collection: “BAYC is a collection of 10,000 Bored Ape NFTs—unique digital […]

One Bitcoiner Is Using Waste Heat From BTC Mining Hardware to Warm His Swimming Pool

One enterprising Bitcoin miner is using the energy produced by his mining hardware to heat his swimming pool.  According to a report by Cointelegraph, Minnesota-based Bitcoin mining enthusiast Jonathan Yuan wanted a solution for his children’s love of swimming. Yuan said his kids were unable to use their swimming pool for the majority of the […]

Critics Warn That Celebrities Promoting NFTs Might Be Downplaying the Risks

Critics are warning that female followers of popular internet figures and celebrities could be at risk of getting caught in the “crypto hustle.” According to a report by The Washington Post, fans of popular celebrities such as Gwyneth Paltrow and Mila Kunis are at risk of getting side-swiped by the market reality of investing in […]

Crypto Wallet Maker Ledger Partners With Ethereum-Powered Metaverse Sandbox ($SAND)

French crypto hardware wallet maker Ledger is partnering with Ethereum-powered play-to-earn (P2E) game The Sandbox to promote crypto education in the burgeoning metaverse.  According to a report by Cointelegraph, Ian Rogers, Ledger’s chief experience officer, first announced the partnership at the Non-Fungible Conference last Monday (April 4). Rogers said the partnership aimed to bring greater […]

Billionaire ‘Shark’ Bullish on Upcoming Ethereum Upgrade

Billionaire investor and entrepreneur Mark Cuban says that he is “very bullish” on the upcoming Ethereum upgrade that will transition the network towards greater energy efficiency.  Cuban is the majority owner of the professional basketball team Dallas Mavericks, as well as one of the “sharks” on the highly popular reality show “Shark Tank” (which is aired on the ABC […]

NFT Marketplace OpenSea Launches Support for Solana ($SOL) Based NFTs

Popular non-fungible token (NFT) marketplace OpenSea says that in addition to NFTs powered by Ethereum, it now also support those powered by Solana ($SOL). According to a blog post by the OpenSea team that was published on April 6, Solana has “emerged as one of the fastest growing NFT ecosystems in the world, and is […]

UFC Announces Fan-Driven Fighter Bonuses To Be Paid in Bitcoin

The Ultimate Fighting Championship (UFC) has announced a new program that will allow fan bonuses to be awarded to fighters in Bitcoin.  The professional MMA organization, which holds a partnership with Crypto.com, has announced a new fan bonus that will be paid to the top three fighters on its pay-per-view (PPV) events in Bitcoin. Fighters […]

Former Bitcoin Foundation Director Joins New Hampshire Senate Race

Bitcoin advocate and crypto supporter Bruce Fenton has announced his candidacy for the United States Senate race in the state of New Hampshire.  Fenton served as volunteer Executive Director for the Bitcoin Foundation between April 2015 and June 2016, and between April 2016 and April 2018, he served as a part-time board member. In an […]

NFT-Based F1 Game Shuts Down, Leaving NFT Holders With Nearly Worthless Tokens

An NFT-based Formula 1 racing game has shut down permanently, leaving token holders reeling from the loss.  According to a report by Kotaku, F1 Delta Time, an official NFT and crypto-powered racing game that was first launched in 2019, shut down last month. Investors holding the game’s tokens are now left with virtually worthless NFTs […]

Intel Unveils Its New Energy-Efficient Bitcoin Mining ASIC Chip

Intel has unveiled its latest application-specific integrated circuit (ASIC) chip, which will “provide customers with energy-efficient hashing for proof-of-work consensus networks.” On April 4, Intel Corporation issued a press release to announce details of the Intel Blockscale ASIC.  Balaji Kanigicherla, Intel vice president and general manager of Custom Compute in the Accelerated Computing Systems and Graphics Group, […]

SkyBridge Capital Founder: Bitcoin Price Poised to Hit $100K by 2024

Former White House Director of Communications Anthony Scaramucci, who is the founder and managing partner of global alternative investment firm SkyBridge Capital (“SkyBridge”), is predicting that Bitcoin will reach $100K within the next two years.  In a recent interview with CNBC, the global investment firm CEO said that the increase in new Bitcoin wallets was a bullish indicator that […]

Coin Bureau on Polygon ($MATIC): ‘Layer-2s Might Soon Be Needed More Than Ever’

The host of popular crypto analytics and market commentary show Coin Bureau says that Polygon ($MATIC) is positioned to benefit from Ethereum’s transition to a proof-of-stake network.  Polygon is “a protocol and a framework for building and connecting Ethereum-compatible blockchain networks”; it aggregates “scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem.” On 18 May 2021, Anthony […]

Grayscale Investments: ‘Ethereum Is Like New York City’

In a recent report titled “Get Smart on Smart Contract Platforms”, cryptoasset manager Grayscale Investments compared Ethereum to New York City. Grayscale’s report, which was published last month, said that Dragonfly Research had “pioneered a useful framework for understanding blockchains by comparing blockchains to cities, the thesis being that blockchains are similar to cities in […]

Ripple Co-Founder Wants Bitcoin to Switch To Proof-of-Stake

Ripple Co-Founder (as well as its former CEO) Chris Larsen, who is currently Executive Chairman of Ripple’s board of directors, is backing a new campaign to transition Bitcoin from proof-of-work (PoW) network to proof-of-stake.  According to a report by Bloomberg, Larsen, alongside several climate activist groups including Greenpeace, is launching a new campaign called “Change […]

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