PlanB, the pseudonymous creator of Bitcoin’s stock-to-flow model, explained Bitcoin’s journey from a proof-of-concept to a mainstream financial asset. Crypto analyst and Twitter personality, PlanB, recently said Bitcoin is serious business as he recapped the asset’s journey over the last decade. “This thing is not a toy anymore,” PlanB told Peter McCormack in a May […]
Continue ReadingBitcoin bulls recaptured the $9K mark for the second time in 24-hours and this time it looks like traders are targeting the $9.4-$9.6K zone. Bitcoin (BTC) price has risen over the $9K mark for the second time in 24-hours. On Saturday the day bulls managed to push the price of the top listed crypto-asset on […]
Continue ReadingThe FBI is seeking individuals who held crypto assets on CoinGather who appeared to conduct an exit scam in November 2017. The United States Department of Justice is seeking the owners of crypto funds that were held by CoinGather — a small crypto exchange that was seized by the Federal Bureau of Investigations, or FBI, […]
Continue ReadingSeveral exchanges gained regulatory paperwork, VC Trade exchange announced a 1,700% spike in pre-tax fiscal year profit, and more headlined news from Japan this past week. This week’s headlines from Japan included Rakuten Wallet, GMO Coin and DMM crypto exchanges achieving regulatory registration, SBI Holdings’ VC Trade exchange announcing a 1,700% increase in fiscal year […]
Continue ReadingRiot Blockchain’s lawsuits dismissed by a New Jersey judge, ending a 2 year lawsuit alleging the mining firm misled shareholders. New Jersey District Judge, Freda Wolfson, granted seven motions of dismissal that ended a lawsuit targeting crypto mining firm, Riot Blockchain, on April 30. The plaintiffs claimed that Riot had made false and misleading statements […]
Continue ReadingVenture capitalist Meltem Demirors explains how the oil market crash and the broader turmoil in financial markets are reshaping the Bitcoin narrative. CoinShares’ chief strategy officer Meltem Demirors shared her view on how the latest crisis in the oil market will impact the ever-changing narratives around Bitcoin. Changing narratives According to Demirors, the recent crash […]
Continue ReadingTokenInsight reports that Q1 2020 saw significant hash rate volatility and some mining farms fell into negative performance. Crypto research firm, TokenInsight, has published a report covering the crypto mining industry during the first quarter of 2020. The report emphasized swings in Bitcoin (BTC)’s hash rate and the phasing out of older ASIC models. However, […]
Continue ReadingBitcoin price rallied to $9,000 but the TD9 on the daily timeframe and lack of volume show traders are reluctant to buy at these levels. Bitcoin (BTC) price briefly broke above $9,000 as bulls appear to be in the process of trying to quietly move the price above the resistance level. Since Friday trading volume […]
Continue ReadingSpeaking to Cointelegraph, Charlie Shrem discussed why Coinbase’s launch was Bitinstant’s deathknell. In an exclusive interview with Cointelegraph, crypto pioneer and BitInstant co-founder, Charlie Shrem, offered his perspective on the early days of crypto. Despite missing some of the comradery from Bitcoin’s (BTC) infancy, Shrem stated that Bitcoin’s early adopters could have better recognized that […]
Continue ReadingThe third decade of the third millennium is returning humanity to the gold standard, but this time it will be backed with decentralized ledger technology. When markets are bleeding, investors turn to gold. The celebrated precious metal and former reserve standard of the world’s monetary system is valuable for several reasons, but primarily because it […]
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