Bitcoin and gold are “too speculative” and it’s better for investors to trust the government to pay them back, claims Peter Mallouk. Bitcoin (BTC) is not what young investors should buy after the coronavirus crash, says the man who once said that the biggest cryptocurrency faces an “inevitable death spiral.” Speaking to CNBC on May […]
Continue ReadingThe Twitter CEO announced on May 21 that he would be giving $5 million to Humanity Forward, a UBI-proponent established by Andrew Yang. Jack Dorsey, CEO of Twitter and mobile-payment platform Square, is donating $5 million to Humanity Forward, a group launched by crypto-friendly former presidential candidate Andrew Yang, as part of both entrepreneurs’ efforts […]
Continue Reading“There is no country with more to lose from the disruptive potential of digital currency than the United States,” say analysts at JPMorgan Chase & Co. “There is no country with more to lose from the disruptive potential of digital currency than the United States.” So goes the stark warning from analysts at the U.S.’ […]
Continue ReadingA global think tank for central banking, OMFIF, has announced the launch of its Digital Money Institute, aimed at bridging the gap between digital currency and traditional banking. The Official Monetary and Financial Institutions Forum (OMFIF), an independent global think tank for central banking and economic policy, announced the launch of its Digital Monetary Institute […]
Continue ReadingThe price of Bitcoin is set to test lower levels as support after numerous attempts to break $10,000 have failed. Since May 20 Bitcoin (BTC) price has dropped nearly 10%, shifting traders’ focus from taking out the $10K resistance to now holding above the all-important $8,800 support. The short-term bearish trend took hold after the […]
Continue ReadingMessari adds 10 new exchanges to its ‘real volume’ metric and overhauls methodology. Crypto data and research platform Messari has added 10 new exchanges to its “real volume” metric as part of a revamp of the methodology. The ranking is an attempt to rank exchanges without including any wash trading — which came about following […]
Continue ReadingBitcoin.com is being led by its third CEO in three months, with the promotion of Chief Product Officer Dennis Jarvis. Bitcoin.com has its third CEO in three months, following the promotion of Chief Product Officer Dennis Jarvis to the top job. Founder of the crypto exchange and news site, Roger Ver, revealed the change of […]
Continue ReadingCoinbase CEO Brian Armstrong is one of many crypto executives who prefers writing a blog to answering questions from mainstream journalists. Coinbase chief executive Brian Armstrong says that company leaders are increasingly opting to avoid mainstream journalists by speaking directly to audiences on unmediated social media platforms. “Our customers are on YouTube/podcasts/social media — not […]
Continue ReadingIra Kleiman’s legal team claims Craig Wright already has access to the encrypted file at the heart of the case, citing the movement of $1.6 million BTC as evidence. Ira Kleiman’s legal team claims Dr Craig Wright already has the ability to open the encrypted file believed to contain the private keys to more than […]
Continue ReadingMyanmar’s central bank claims crypto traders can be fined or imprisoned, but there are doubts about whether legislation backs this up. The Central Bank of Myanmar (CBM) announced that it does not recognize cryptocurrencies as an official currency and anyone caught trading digital assets can be imprisoned or fined. But local crypto enthusiasts dispute whether […]
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