The bitcoin safe haven debate has been raging recently as global recession fears mount. Central banks and governments are actively putting the brakes on their economies in order to protect themselves, but this does no favors for the masses and their paper money. A generational paradigm shift on this disruptive technology could be the best Read more…
Two years ago, on September 4, 2017, the People’s Bank of China (PBOC) shut down local cryptocurrency exchanges over concerns that unregulated assets like bitcoin allow residents to bypass strict capital controls. Not-So-Happy Anniversary Despite the formal ban, Chinese traders have continued to explore methods to trade bitcoin and similar cryptocurrencies, often by using Read more…
When the fat-cats at Deutsche Bank instructed their social media interns to draft a tweet commemorating National Dollar Day, they probably didn’t realize that they’d accidentally end up shilling Bitcoin to their more than 650,000 followers. But while the Bitcoin isn’t directly mentioned, it’s difficult to imagine anyone writing a better advertisement for the leading Read more…
Early Bitcoin investor Max Keiser tweeted today that he foresees Bitcoin price smashing through the $15,000 mark sometime this week amid troubles with centralized government and banking The Bulls are Back in Town The price of Bitcoin has made a noticeable comeback this summer, coming from a low of $5,500 in early May to a Read more…
Together with Bitcoin, Ethereum is one of the most critical blockchains ever developed. Ethereum shifted the world’s attention from cryptocurrencies to their underlying technology, the blockchain. Nonetheless, the blockchain has nevertheless faced many challenges, but enthusiasts believe Ethereum (ETH) qualifies as sound money. Throughout history, there have been different models of sound money. The latest Read more…
On Tuesday, Senate Banking Committee Chairman Mike Crapo said that the US couldn’t technically ban Bitcoin, given that it is a global innovation. However, in theory, there does exist a handful of ways to kill Bitcoin. US Politicians Agree that Bitcoin is Unbreakable Yesterday, the US Senate Committee on Banking, Housing and Urban Affairs discussed Read more…
Cameron and Tyler Winklevoss have big plans for the crypto exchange, Gemini, not to mention their expectations for bitcoin. In a panel discussion with “Bitcoin Billionaires” author Ben Mezrich and The Wall Street Journal’s Paul Vigna, the Winklevosses discussed bitcoin and the crypto landscape. In what appears to be a packed house, they left no Read more…
With BTC price consolidating, the brakes on this current bull run seem to be on. But that can only be a temporary stop. With global conditions fuelling the need for an alternative financial system, the next Bitcoin bull run will be epic. The Next Bitcoin Bullrun Will Be Fueled By These 7 Factors Co-founder of Read more…
Prominent Chinese media houses love Bitcoin and believe that the number one cryptocurrency is a safe haven asset given rising tensions in the socio-political relations among global economic powerhouses. Bitcoin as a Haven Asset — No Longer an Outlier Argument Xinhua News Agency — a government-run media outlet in China has published a report showing Read more…
Many factors are contributing to Bitcoin’s renewed trajectory towards its USD 100,000 target. One of them is increasingly gaining prominence: The U.S. Federal Reserve. Fed Interest Rate Cuts to Weaken Dollar and to Strengthen Bitcoin The U.S. Federal Reserve’s latest moves might be unintentionally propelling Bitcoin to new 2019 highs with renewed impetus. On Jun Read more…