Since 2010, inflation has turned $1 into 84 cents while $1 invested in Bitcoin would be worth $274,000. Bad news — the increase in the Bitcoin (BTC) price over the past decade may have been overstated because of the accompanying fiat inflation. Since Bitcoin is typically denominated in fiat — United States dollars usually — […]
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Bitcoin exchange reserves dropped by $5 billion in the past year, showing signs of accumulation. The Bitcoin (BTC) reserves of exchanges are continuing to drop, which suggests retail investors and whales might be accumulating. According to data from CryptoQuant, all exchanges’ reserves dropped to 2.4 million BTC, which is equivalent to $25 billion. In contrast, […]
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Taking blockchain tech from buzzword to essential technology should have a singular focus: Making it useful for people’s everyday lives. A perennial question surrounding blockchain technology is: When will it make a mainstream impact? Understandably, enthusiasts in the industry are anxious to see this technology live up to its promise of empowering consumers, accelerating cross-border […]
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Despite Bitcoin’s online sentiment being at a two-year low, analytics say that BTC may be on the verge of a breakout. The global economy doesn’t seem to be in a good place right now, especially with countries such as the United Kingdom, France and Spain imposing fresh, new restrictions across their borders, thereby making the […]
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U.S. citizens appear to be opposed to a digital dollar despite expressing concerns over the existing financial system. A new study by crypto mining firm Genesis Mining suggests the majority of U.S. citizens are against the introduction of a Central Bank Digital Currency. A survey conducted by Genesis mining discovered that out of the 400 […]
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“The temptation to print money is the greatest temptation in the whole world.” If you’ve ventured on to Crypto Twitter this year, you may have seen a tweet from the meme account WTF Happened in 1971? Created in March, the account posts numerous times a week to its fast growing fanbase of 10,500 followers. A […]
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As the world continues to warm and face the effects of climate change, what does this mean for Bitcoin, blockchain and the world of crypto? In October 2018, the journal Nature Climate Change made headlines both within the crypto world and beyond after it published a study claiming that within three decades, the carbon emissions […]
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Those with less financial knowledge may be twice as likely to invest in crypto. A report from Canada’s central bank shows that while most Canadians are knowledgeable about basic finance and Bitcoin, few actually hold any crypto assets. According to the results of Bank of Canada’s 2019 Cash Alternative Survey published in August 2020, financial […]
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Earth is reaching a historic “inflection point,” Keiser warns after Singapore’s central bank admits that more debt is not an option for anyone. The world now has so much debt that, for the first time ever, it is impossible to add more, says Max Keiser. On the latest edition of his Keiser Report TV show […]
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Bitcoin miners sold substantial amounts of Bitcoin throughout the past two months, but on-chain analysts believe it won’t stop the next bull run. Historical data shows that some miners began to sell Bitcoin (BTC) at the end of July, leading to increased selling pressure in the cryptocurrency market. Eventually, the dominant cryptocurrency fell steeply from […]
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