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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Different vectors of development within the crypto industry have led to the emergence of stablecoins, which could be the most usable type of money in the future. Cryptocurrency was invented and designed to provide numerous benefits for global private and institutional clients, to free people from the burden of banking systems and to create a […]
Continue ReadingUS judge threatens to throw out $4B class-action suit against OneCoin after its lead plaintiff failed to meet multiple deadlines. U.S. District Judge Valerie Caproni has scheduled an April 16 hearing for the representation of the plaintiffs’ in a class action suit against the $4 billion crypto Ponzi scheme, OneCoin, to justify why the case […]
Continue ReadingDoes the FDIC’s recent video urging against bank runs relate to crypto? Wilshire Phoenix’s CEO and a former CBOE trader weigh in. The Federal Deposit Insurance Corporation, or FDIC, recently posted a video urging the public not to rush to banks for cash withdrawals. Does this relate to crypto? “Your money is safe at the […]
Continue ReadingAs the pandemic challenges the global economy and forces people to abandon cash, a CBDC might be the right tool to fix the financial system. The COVID-19 pandemic is pushing the global economy toward a major recession, but there may be a silver lining in all this for the crypto industry: The accelerated adoption of […]
Continue ReadingBlockchain technology will be used to ensure the authenticity of Chinese KN95 face masks by leveraging VeChain. As the United States continues to struggle with a shortage of N95 masks needed to combat the deadly coronavirus, the Food and Drug Administration announced on April 3 that it has approved the use of KN95 masks in […]
Continue ReadingBlockchain tech can bring the trust and transparency that are essential during a crisis, especially a global one. The COVID-19 pandemic is not going to end soon. Fear and anxiety have skyrocketed, and nearly half of the people in the United States feel the coronavirus has harmed their mental health. People are scared, anxious, depressed, […]
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In light of current economic difficulties, Robert Kiyosaki referred to Bitcoin, gold, and silver as an escape from the system. Millionaire businessman and author of the book Rich Dad Poor Dad, Robert Kiyosaki, mentioned Bitcoin (BTC) numerous times in a podcast interview with Morgan Creek Digital co-founder, Anthony Pompliano, referring to the asset as an […]
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The ongoing coronavirus pandemic accelerates central bank digital currency developments, according to Deutsche Bank macro strategist Marion Laboure. The ongoing coronavirus pandemic accelerates central bank digital currency (CBDC) developments, according to Deutsche Bank macro strategist Marion Laboure. In a tweet from April 3, Deutsche Bank cites Laboure’s claim that the risk of cash spreading the […]
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PBoC held a teleconference in Beijing which further emphasized that CBDC development is one of its top priorities for 2020. The People’s Bank of China held a teleconference on April 3 in Beijing, China. One of the main points confirmed during the call involved the institution’s continued research and development of a central bank digital […]
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