Bitcoin Cryptocurrency News

How a Generational Paradigm Shift Will Confirm Bitcoin Safe Haven Status

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…

Bitcoin Cryptocurrency News

$1B Bitcoin Transaction Traced Back to Multiple Huobi Addresses

About $1 billion worth of Bitcoin was moved yesterday in a single transaction, sparking reactions on Twitter and other social media sites. TokenAnalyst went deeper and found that a significant share of sending addresses point to crypto exchange Huobi. 94,504 Bitcoin Reaches a Single Address On Thursday, Twitter user Whale Alert announced that 94,504 Bitcoin Read more…

Bitcoin Cryptocurrency News Market

Was Thailand’s Top Crypto Exchange Bamboozled by Bureaucracy?

The surprise announcement earlier this week that the top bitcoin exchange in Thailand was closing down sent shock waves through the Asian crypto community. BX was one of the most popular exchanges in the region and speculation is growing as to why the company made the snap decision to suddenly axe a clearly profitable venture. Read more…

Bitcoin Cryptocurrency News Market

Argentina Imposes Capital Controls; Strong Case For Bitcoin Adoption

The government of Argentina has imposed capital controls on its citizens in a response to growing financial issues for the country. The South American country has limited dollar purchases to only $10k per month after $3 billion was drained out of their foreign currency reserves on Thursday and Friday alone. Is it time to switch Read more…

Cryptocurrency News Market

China’s State-Backed Cryptocurrency: ‘Gaining Momentum’ Or ‘Inaccurate Speculation’?

China’s Government and Central Bank just can’t seem to align on the proposed central bank digital currency (CBDC). On Tuesday, government-supported tabloid, Global Times, reported that the Central Bank called speculation on an upcoming launch ‘inaccurate speculation’. Then yesterday, it published an article suggesting that plans are gaining momentum, with a pilot-scheme in Shenzhen imminent. Read more…

Bitcoin Cryptocurrency News

Fragile Stock Market Could Push Bitcoin Price To $25,000: Max Keiser

What’s bad for the global stock market is good for bitcoin, believes veteran economic theorist Max Keiser. The founder of crypto-only venture capitalist firm Heisenberg Capital turned bearish on equity markets, fearing that they would collectively fall by 15,000 points. He further envisioned that a stock market crash might prompt investors to take their capital Read more…

Bitcoin Cryptocurrency News

Anthony Pompliano Says it Only Took Bitcoin 10 Years to Get to the G7

The G7 is meeting next week to explore the regulations around Bitcoin and other cryptocurrencies. Unsurprisingly, Anthony Pompliano is not worried. G7 to Discuss Bitcoin Next week, the G7 is scheduled and this time the leaders of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States will set aside some time to Read more…

Bitcoin Cryptocurrency News

Another Case For Bitcoin as Billions Vanish From Savings Accounts Ghana

As many as 70,000 people could be facing financial ruin as a massive crackdown sweeps across Ghana’s banking system. It serves as yet another stark warning that governments and banks are in full control of people’s money. Only decentralized assets such as bitcoin would be immune from such monetary madness. State ‘Cleanup’ Wipes Out Billions Read more…

Bitcoin Cryptocurrency News

Bitcoin is Not Acting Like Safe-Haven: Ikigai Founder

Bitcoin is not behaving like a safe-haven asset as fears of recession shadows over the US economy, believes Travis Kling of multi-strategy crypto asset hedge fund, Ikigai Asset Management. Bitcoin Yet to Shine The founder & CIO on Wednesday referred to bitcoin’s dwindling price action against an already gloomy macroeconomic outlook. Recognizing that investors should Read more…

Altcoin Bitcoin Cryptocurrency News

Analyst Advises Ignoring Short Time Frames as Bitcoin is Going to $100k

Since its epic surge off the floor in early April, bitcoin has reached a level where it appears to be comfortable consolidating. This could continue for quite some time as one prominent analyst suggests. It might be time to ignore these choppy markets and focus on the bigger picture. Bitcoin In Slow Decline Bitcoin is Read more…