That El Salvador, home of one of the world’s highest crime rates, became the first country to announce it may buy bitcoin, news of which broke during the event to a full standing ovation, just adds to the occasional sense of lawlessness surrounding the asset class. And yet while this seeming un-seriousness might have hindered the institutional adoption curve […]
So while a stock’s intrinsic value can be thought of as the present value of all future cash flows, any sort of intrinsic value for cryptocurrency is more nebulous; it will basically be worth what the supply and demand in the market dictates that it’s worth – which could be a lot, or nothing. For […]
Bitcoin’s succession of sharp corrections from its all-time high at $64,900 has turned investor sentiment negative, at least for the short-term. For new traders, the name death cross itself brings a lot of negativity and a feeling of impending doom. Due to this, buying dries up and investors holding positions rush to the exit due […]
Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. One of Africa’s oldest museums, the Uganda National Museum , is set to […]
The inflation crisis is a real thing as we saw in Venezuela, and even though it won’t be as drastic in the US, the effects could be seen. And after the recent negative statement of US Senator Elizabeth Warren, Ted Cruz gave his opinion on Bitcoin. And the reason for this is the fact that […]
That doesn’t mean we go into a four-year bear . It was pretty big news like China trying to actively shut down hash power, which they have started to do – not everywhere in the country. “Fact of the matter is we also did have a big Bitcoin hedge and we did make a lot […]
“The first is that the retirement account market is roughly $22 trillion. Where do hard-working Americans go today to save for their futures? if you leave it in in your bank account, you know you’re gonna have five percent less — inflation is a hidden tax. “Jay Powell, the chairman of the Fed, has likened Bitcoin […]
Twelve days ago, Bitcoin.com News reported on how Plan B said his S2FX model was “intact.” Plan B has always shown confidence in his model but when he last tweeted about the S2FX being intact, he invoked a poll on Twitter. Regardless of current volatility, yellow green and blue dots will be higher than red […]
“As I have been saying for a long time, our country must move forward hand in hand with the new generation. While specific details of the project are yet to emerge, speculation is rife that it will involve both Bitcoin and Paypal. According to Coindesk, Rejala first began following the Bitcoin trend in 2017 before […]
Soon every nation will be faced with this decision, but those who seize the present moment proactively as we have just witnessed in El Salvador, will enjoy significant advantages globally for generations to come. Sadly, the fate of the Nigerian economy is in the hands of global central bankers who do not represent the best […]
struck back in the past week with a pair of victories: a seizure of most of the $4 million ransom in Bitcoin that Russian hackers extorted from an American pipeline operator, and the announcement of a yearslong sting where thousands of suspects were duped into using a messaging app secretly controlled by the authorities. Yet […]
Cramer reviewed Bitcoin’s daily chart action, which peaked at around $ 65,000 in mid-April. Demark, who said the Bitcoin decline was similar to the 1987 crash, predicted that the decline would bring tokens worth $ 32,000 and, in the worst case, $ 24,000. In what is known as “Black Monday,” the Dow Jones Industrial Average […]
The S&P 500 did manage to eke out a new record high last week, but overall, Wall Street seemed to be in wait and see mode, with speculation that the reopening cycle may have already peaked, former drivers tech and financials still sputtering and ahead of the coming week’s FOMC meeting. Bucking the low volume […]
On one hand, El Salvador recently became the first nation to officially declare Bitcoin as its legal tender, and on the other, several nations have recently opined that their indigenous banks face a ‘threat’ from the world’s largest crypto-asset. The proposal did not specify any specific timeline, and hence, the implementation of these rules can […]
This week, Felix Salmon, Emily Peck, and Stacy-Marie Ishmael talk about the ProPublica report on the tax returns of U.S. …Read the full story
He swept congressional and local elections in February and enjoys an approval rating of over 90% despite the economy shrinking by 8% last year. His reputation for good management helped him garner the support to win office as mayor of the capital in 2015. In San Salvador, he gained prominence for his social and cultural […]
It’s the method they have adopted to mine the digital assets that is grabbing headlines, which uses a simple source of energy that the world has in abundance — “cow muck”. It requires an insane amount of electricity and causes irreparable damage to the environment, a fact about which Tesla and SpaceX CEO Elon Musk, too, had […]
SpaceX Founder and Chief Engineer Elon Musk will speak at the 2020 Satellite Conference & Exhibition on March 9, 2020 in Washington, DC. Bitcoin fell 4% to $ 36,981 around 6am EST Friday, according to Coin Metrics data. Bitcoin hit a record high of over $ 64,000 in April, but plummeted to nearly $ 30,000 […]
