The latest analysis from Willy Woo shines an amusing light on gold’s performance as an investment over the past eleven years. A $1 investment in Bitcoin (BTC) in 2009 would buy a luxury yacht today — but $1 of gold would only buy you a chocolate bar. That was the result of a comparison from […]
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Revolut data shows that U.K.-based retail crypto trade fell by half at the peak of the mid-March crypto crash — but has since recovered. Data provided by U.K.-based finance app Revolut shows the coronavirus lockdown has impacted the crypto trading habits of its users. Almost a third of Revolut’s 10 million customers have traded cryptocurrency […]
Continue ReadingAfrican peer-to-peer Bitcoin trade has generated more than $14.6 million in weekly volume, comprising a new record for the continent. African peer-to-peer, or P2P, Bitcoin (BTC) trading volumes have continued to increase, with the continent posting its third-consecutive all-time high for trade activity. Africa’s surging volumes come amid a plateauing in global P2P trade, with […]
Continue ReadingBitcoin may provide some of the best solutions to drive a new economy in the post-COVID-19 world. Aren’t we all searching for a safe haven? Whether we mean literal shelter — four walls and a roof over our heads — or something more sophisticated, the craving for a dependable defense against random chaos has always […]
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If you can’t join ‘em… there’s still beats. Summer festivals and concerts are canceled, but you can enjoy the world’s top electronic dance music acts LIVE in your own home. Lockdown shouldn’t mean pop and lock-down. That’s just one takeaway from today’s free electronic dance music concert organized by The Giving Block and Multiplied to […]
Continue ReadingBitcoin’s hash rate has set a new record just eight days from the halving and six weeks after crashing by 40% over two weeks. After the mid-March price crash led to a brief exodus of miners operating older hardware, the Bitcoin (BTC) hash rate posted a new all-time high (ATH) of more than 142 exahashes […]
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From the number of developers, to transactions per second, and now parity in daily value transfers, ETH is coming after BTC. The daily average transaction values across the Ethereum platform are now equal to those of the Bitcoin (BTC) network. According to blockchain analytics firm Messari, the daily value transfer — the total value of […]
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Continuing public support for Bitcoin, “Rich Dad Poor Dad” author Robert Kiyosaki says that Bitcoin, gold and silver will win big after the pandemic is over. Bitcoin (BTC) ultimately stands to go parabolic after the coronavirus ends, the author of the world’s bestselling personal finance book says. In a tweet on April 15, Robert Kiyosaki, […]
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Cryptocurrency is an alternative to sovereign currencies that are issued by state governments, but national digital currencies are not so far away from being launched. Over 30 years ago, in a January 1988 cover story emblazoned with a phoenix hovering over a paper-money inferno, The Economist offered this semi-prophetic vision of currency: “Thirty years from […]
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Here’s our one-on-one interview with the chief strategy officer of CoinShares. It seems Meltem Demirors does a little bit of everything. The crypto journeywoman has served as vice president of Digital Currency Group, a member of the World Economic Forum’s Blockchain Council, an advisor to MIT Media Lab, and a lecturer at the University of […]
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