8 Countries Stricken With Rampant Inflation See Bitcoin Prices Touch All-Time Highs The price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher.In addition to this year’s bitcoin price high, around eight different countries have seen bitcoin touch …read more.Mastermind of Alleged Billion Dollar Spanish Pyramid Scheme Arrested, Faces 16 Year Prison Sentence The CEO of Arbistar the Spanish investment company, Santiago Fuentes, has been arrested and arraigned on charges of fraud, belonging to a criminal organization and money laundering.Fuentes, who has been in hiding since September, was arrested at one of …
read more.Paypal’s Crypto Embrace: Morgan Stanley Says Move Boon for Mass Adoption, Critics Say Payment Giant Violates Crypto Principles The entry of Paypal into the cryptocurrency industry continues to expose the divide between traditional crypto space players who are less enthusiastic and non-crypto players who endorse the move.Non-crypto players like the analysts at Morgan Stanely are agreement with …
read more.China Drafts Law to Legalize Digital Yuan, Outlawing Competitors China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it.Meanwhile, the central bank has been cracking down on gambling sites …read more.
Billionaire Paul Tudor Jones Sees Massive Upside in Bitcoin, Like Investing in Apple or Google Early American billionaire hedge fund manager Paul Tudor Jones has recently become more bullish on bitcoin.He declared the cryptocurrency the best hedge against inflation and compares investing in bitcoin now to investing in early tech stocks, like Apple and Google….read more.
‘Oracle’ Vinny Lingham Expects High Bitcoin Volatility, BTC Price Likely to Hold $12K Handle for 30 Days Four years ago, Vinny Lingham predicted bitcoin’s bull run and a number of bitcoiners have referred to him as the “oracle.” On Twitter, Lingham is once again giving his predictions on bitcoin’s future prices.He’s also noted this month that …read more.CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto The Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest.
The popular exchange has seen an influx of demand since the recent Paypal announcement and the Bitmex debacle as well.Data …read more.JP Morgan Sees Millennials’ Bitcoin Preference Over Gold as Foundation for Its Long Term Success JP Morgan says bitcoin’s 2020 surge is set to continue as the digital cryptocurrency competes better against gold as an alternative currency.In a note, the financial institution says that with millennials set to become a more important market participant …
read more.US Agencies Propose Changes to Funds Transfer Rules to Include Cryptocurrencies The U.S.Federal Reserve Board and Fincen are seeking feedback on their proposal to lower the threshold at which financial institutions must collect and retain information on funds transfers.
In their joint notice on the rule change proposal, the two …read more.Privacy-Focused Brave Users Can Now Purchase Bitcoin Cash Through Bitcoin.com The privacy-centric web browser Brave has partnered with Bitcoin.com in order to give users access to cryptocurrencies like bitcoin cash from directly inside their browser.The newly added Bitcoin.com widget has been added to the latest Brave software and is …
read more.Kanye West: Bitcoiners Know the True Liberation of America and Humanity U.S.presidential candidate Kanye West professed his respect for bitcoiners during a podcast interview with Joe Rogan.He says bitcoiners “really have a perspective on what the true liberation of America and humanity will be.” Kanye West and Bitcoin Kanye …
read more.Can Github Remove the Bitcoin Codebase? Recent Repository Takedown Has Proponents Worried On October 23, the Microsoft-owned Github leveraged an ostensible DMCA takedown in order to remove 18 projects from the code-hosting portal.According to sources, the takedown stemmed from a request filed by the Recording Industry Association of America (RIAA).Github’s …
read more.40 Million Troy Ounces: Russia’s Gold Find Reaffirms Bitcoin as the More Scarce Asset News of the discovery of approximately 40 million troy ounces of gold in Russia’s Siberian region is likely to boost the profitability of the country’s biggest gold producer, while adding to the supply of the “scarce” resource.Reports say the …read more..
