Back in December, news broke that Visa and BlockFi were partnering to release a “Bitcoin Rewards Visa Credit Card.” A CNBC report on the news indicated that this would become the first credit card to offer Bitcoin rewards, which naturally generated some excitement. Traditional banks and credit card providers have been embracing cryptocurrency slowly and […]
Continue ReadingBitcoin rose above $34,000 on Sunday (Jan. 3), after crossing the $30,000 milestone for the first time ever the day before. It hit $34,544.94 Sunday morning, CoinDesk reported, before declining slightly, sitting at $32,854.16 as of 7:09 pm ET. The “digital gold” saw gains of over 300 percent throughout the year of 2020, according to […]
Continue ReadingFor digital currencies, as goes China, so will go the world? China, as is well-known, is in the midst of pilot programs tied to its digital yuan — offering both roadmap and competitive blueprint, of sorts, for other nations in the midst of their own central bank digital currency rollouts, including the United States. As reported […]
Continue ReadingLibra may be a shadow of what some proponents promised it would be back in 2019 — namely, a seismic shift for the monetary system itself. What once was billed as a “new” currency, via global stablecoin to be composed of a “basket” of multiple fiat currencies, will instead be backed one to one by […]
Continue Reading$20,000 seems so … long ago and far away. And the question becomes: Why the volatile price action in cryptos – which, in the last few sessions, has been decidedly to the upside? As of this writing, bitcoin is changing hands at more than $31,000, leagues above the $18,700-and-change level that had been seen only […]
Continue ReadingVenmo, a mobile payments service, announced Monday (Jan. 4) it has launched a new Cash a Check feature — and that it will waive the fees for cashing stimulus paper checks for a limited time for “select customers” using its app. “We’re always looking for new ways to make it easier for our community to access […]
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Bitcoin has hit record highs in recent days, surpassing $30,000 per digital coin. If we compare Satoshis to pennies, where one Satoshi equals 0.00000001 BTC, and is currently worth about $0.0003 then we could still see orders of magnitude in the value of this reserve currency of the crypto market. But that may not happen […]
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The dedicated office would oversee “all non-defense related deployment and activities related to blockchain technology within the Federal Government.” A new bill filed on Thursday, H.R.9067, seeks to create an office that will “coordinate” federal applications of blockchain technology. Sponsored by Rep. Darren Soto, a Democrat representing Florida’s 9th district, the bill would “establish an […]
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The dedicated office would oversee “all non-defense related deployment and activities related to blockchain technology within the Federal Government.” Filed on Thursday, a new bill, H.R.9067, seeks to create an office that will “coordinate” federal applications of blockchain technology. Sponsored by Rep. Darren Soto, a Democrat representing Florida’s 9th district, the bill would “establish an […]
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Despite past claims, Dash insists that it’s no more private than Bitcoin A recent tweet from Dash’s official Twitter account has invited criticism that the cryptocurrency, which once advertised its privacy features, is wilting in the face of possible regulatory scrutiny. On Jan. 1, the US-based Bittrex exchange announced in a tweet that it would […]
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