Bitcoin Cryptocurrency News

NBA Star to Convert His $34M Contract into a Digital Investment

An NBA basketball player for the Brooklyn Nets, Spencer Dinwiddie, is converting his multi-million dollars contract into a digital token investment vehicle, according to The Athletic’s sources. Dinwiddie To Securitize NBA Contract The disruptive effects of cryptocurrencies and blockchain technology are permeating all industries and sectors, including the world of sports. Most recently, Shams Charania Read more…

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 Market

Today Marks the 2nd Anniversary of China’s Bitcoin Ban, What Has Changed?

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…

Bitcoin Cryptocurrency News

Japan ‘Hopes’ To Be The Global Leader In Bitcoin Adoption

FINSUM 2019 kicked off today, at the Japanese capital of Tokyo. Organized by the NIKKEI INC, and Japan’s Financial Services Agency (FSA), the 3-day event is going to be a mega ‘fintech, blockchain, crypto and the future of finance’ bonanza. Yes, you read that right!  Japan’s Financial Services Agency Loves Bitcoin and Lightning Network Bitcoin Read more…

Bitcoin Cryptocurrency News

Bitcoin Looks Attractive As Negative-Yielding Debt Crosses $17 Trillion

Global negative-yielding debt is now over $17 trillion, making investors extremely nervous. And it is forcing them to focus on non-traditional assets, like bitcoin. Investing in Debt and Holding it to Maturity Guarantees a Loss Investors are becoming increasingly fearful as they see that the soaring negative-yielding debt is altering the global economy. According to Read more…

Bitcoin Cryptocurrency News

Gold Market Flooded With ‘Fake’ Bars; Bitcoin Critics Please STFU

The bullion market is slowly but steadily flooded with ‘dirty gold bars,’ according to a recent Reuters report. It’s interesting to know what Peter Shiff and other gold supporters would say about this. Is the precious metal better than Bitcoin in terms of money laundering? Gold Market Flooded with Fake Bars Many Bitcoin skeptics have Read more…

Bitcoin Blockchain Cryptocurrency News

Ethereum is a Technological Dead End, Says Samson Mow

Controversial bitcoin maximalist Samson Mow described Ethereum as “a technological dead-end” after the digital ledger project ran out of capacity.  Ethereum Struggles With Congestion Again The network utilization of Ether, Ethereum’s native asset, soared above 90 percent, according to data provided by Etherscan.io. The surge, according to Ethereum co-founder Vitalik Buterin, could prompt transactions costs Read more…

Bitcoin Cryptocurrency News

Is Lightning Network the Most Optimum Bitcoin Scaling Solution?

The Lightning Network has been subject to controversy since it’s rise to prominence in 2016. Championed as BTC’s solution to scaling, thousands of people in the Bitcoin community voiced their opinions on how it wouldn’t work. Now, nearly a year and a half later, it is still receiving criticism regarding its centralization, routing issues, and Read more…