Peter Schiff agrees with the Fed that Bitcoin should be classified as fiat currency. Economist, financial commentator and gold advocate Peter Schiff once again bashed Bitcoin in a tweet, essentially calling it fiat currency — the name for regional currencies, such as the U.S. dollar. “The Fed gets Bitcoin right,” Schiff said in a June […]
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Yuya Hasegawa, a Market Analyst at an FSA licensed crypto exchange in Japan, analyzed whether XRP will ever reclaim its throne. Japanese crypto investors have been known for their passionate support of XRP. Indeed, at one point in Japan, XRP was more popular than Bitcoin. Yet, the official data from the Japan Virtual and Crypto […]
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Blockchain tech and crypto donations incorporated into the philanthropy sector have a chance of significantly improving the entire industry. The past decade has produced an eruption in diverse giving channels and options for donating, changing the patterns of how people give. According to Blackbaud, online giving has shown steady increases, growing from 6.4% of all […]
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Bitcoin remains in good shape to retest $10K while a BTC price pullback to as low as $7Ks may provide a good opportunity for buyers. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, is acting inside a narrowing range, still hovering around $9,000. Meanwhile, we’re also seeing a decrease in volume, alongside […]
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The first stage of Ethereum 2.0 is almost here, but how will the DApp and DeFi space adapt to this change? While Ethereum has brought about a whole new realm of possibilities due to its native token Ether (ETH) and its smart contract and tokenization capabilities, it is often faced with challenges such as network […]
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Outspoken Bitcoin investor and host of the Keiser Report, Max Keiser, explains that his $400K BTC price prediction will coincide with the U.S. dollar’s collapse. Cointelegraph Markets spoke with Wall Street veteran and host of the Keiser Report, Max Keiser, who explains the increasingly important role of Bitcoin in geopolitics amid potential “hash wars” and […]
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Ever since Charles Hoskinson issued an update on “Shelley,” Cardano’s price and community have adopted a bullish mood. Cardano (ADA) has seen its value increase by around 50% since May 25. This recent value hike comes in the wake of project co-founder Charles Hoskinson revealing the roadmap for Cardano’s much-hyped “Shelley” upgrade via a YouTube […]
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11.4 million Bitcoin is held by long term investors, diminishing the tradeable supply to only 20% of the total Bitcoin supply. According to Chainalysis, the vast majority of Bitcoin (BTC) is held as long term investment, with 60% held by licensed custodians. Breakdown of Bitcoin supply. Source: Chainalysis. Digital gold The company concluded that the […]
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A consortium aims to strengthen medical tourism in South Korea by launching a blockchain-powered platform. In Busan, a private-public consortium in South Korea announced their intention to build a blockchain-powered medical tourism platform. No deadline for launch is currently set. According to Gyeongnam Ilbo, the initiative will be led by Busan Bank. They are looking […]
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125 ETH going to some very good causes. Today eight technology companies from seven different emergent economies will receive an investment of Ethereum cryptocurrency from the UNICEF Cryptocurrency Fund. UNICEF’s crypto-enabled investment vehicle has given these companies 125 ETH, worth approximately $28,600, to use in scaling or prototyping their respective technologies over the next six […]
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