Overstock CEO Jonathan Johnson said that immunity passports to prove lack of coronavirus infection may push blockchain technology out of Bitcoin’s shadow. Overstock CEO Jonathan Johnson has claimed that private, consumer-controlled immunity passports may be the killer-app that propels blockchain technology into the mainstream. In an interview with PYMNTS, he said that the company’s investment […]
Continue ReadingZimbabwe’s Zimbocash project got closer to its goal of providing a sound-money alternative to the hyperinflation of the local currency. A project developing a national decentralized currency network in Zimbabwe has received a big boost with the listing of its Zimbocash (ZASH) token on the Bithumb Global exchange. According to a May 22 report in […]
Continue ReadingA basket of one quant analyst’s favorite metrics is still overly bullish, casting aside this week’s Bitcoin price drop. Three new Bitcoin (BTC) metrics are pointing to the sky despite $10,000 staying out of reach for BTC/USD this week. As revealed by Timothy Peterson of asset manager Cane Island Alternative Advisors, as of May 21, […]
Continue ReadingIran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining strategy. Iran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining strategy. As reported by the Iranian […]
Continue ReadingBitcoin 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 […]
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