Bitcoin-Gold Correlation Hits Record High as Institutions Buy Crypto
Bitcoin-gold correlation has hit a new all-time high; it will remain high for as long as the global economy suffers from the Covid-19 fallout.
September 22, 2020 1 Comment
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Bitcoin Rallies as CNBC’s Jim Cramer Plans to Invest
Bitcoin’s price rose Thursday after Anthony Pompliano announced CNBC’s Jim Cramer has been convinced to invest in BTC.
September 10, 2020 1 Comment
Dave Portnoy Buys $200,000 in Bitcoin – As a Total Crypto Noob
Dave Portnoy has bought $200,000 in bitcoin after talking with the Winklevoss twins, and even plans his own “DaveCoin” cryptocurrency.
August 14, 2020 No Comments
Canada Shuts Down Crypto Exchange. It Still Owes Customers $12 million
What has been a fairly bad few weeks for cryptocurrency exchanges, just got a little worse? A Vancouver-based crypto trading platform, Einstein Exchange, has been
November 5, 2019 No Comments
Crypto Exchange DX.Exchange Controversially Shuts Down Citing Operational Costs
DX.Exchange is suspending its services. The company’s board is looking for an acquisition or merger. DX.Exchange has been linked to a scam. DX.Exchange announced that
November 4, 2019 No Comments
Bitfinex Sparks Controversy Allegedly Manipulating $20,000 Bitcoin Price High
Bitfinex, which shares co-founders with the Tether stablecoin, is once again attracting controversy over the manipulation of the Bitcoin price. Per a paper published by
November 4, 2019 No Comments
Why Bitcoin Has Outperformed Gold Every Single Year Since 2011
Bitcoin, also known as “digital gold,” has outperformed gold every year since 2011. Given the large discrepancy in the market capitalization between bitcoin and gold,
November 3, 2019 No Comments
Bitmain’s US IPO Plans Could Go Up in Smoke
Bitmain, a leading bitcoin miner, has secretly filed for an IPO that is sponsored by Deutsche Bank, a German multinational company, as reported by Tencent
November 2, 2019 No Comments
XRP Is 10 Times Safer Than Fiat for Intl Payments – Ripple
According to Ripple, XRP is 1/10th as volatile as fiat for cross-border payments. The current SWIFT system is so slow it exacerbates international payment risk.
November 1, 2019 No Comments
Nearly 1/3 of Americans Believe This Myth About the US Dollar
Nearly one-third of Americans falsely believe that the US dollar is backed by gold, and 70% don’t know what is backing it. That’s just the
October 31, 2019 No Comments
Johannesburg Shuts Down Computers City-Wide After Bitcoin Ransomware Attack
Hackers have breached the computer network of South Africa’s commercial capital Johannesburg in an attempt to ransom the city for Bitcoin. Consequently, the city has
October 25, 2019 No Comments
Bitcoin Price Plunges $500 Within Minutes to 5-Month Low Below $7,500
The bitcoin price has plunged by nearly 10% on Wednesday to fall near a 5-month low. After flirting with a move to the upside above
October 23, 2019 No Comments
The Biggest Beneficiaries of the Bitcoin Ransomware Boom are Not Hackers
The more prevalent bitcoin ransomware attacks become, the merrier it gets for insurance firms that offer cyber-liability insurance coverage. The City of Baltimore has become
October 17, 2019 No Comments
Chill, Everyone. Google’s ‘Quantum Supremacy’ Has “Bupkis” on Bitcoin
It’s safe to come out now, says Andreas Antonopoulos, the threat posed to bitcoin by Google’s newfound “quantum supremacy” is “zip, bupkis nada.” In one
October 11, 2019 No Comments
Bakkt Bitcoin Futures Volume Soars Almost 800% in One Day
In an incredible and slightly confounding turn of events, Bakkt’s bitcoin Futures volume has soared as much as 796% to a new all-time high (ATH).
October 10, 2019 No Comments
Expect Facebook to Ramp up Lobbying Efforts to Get Libra Cryptocurrency Off the Ground
As Facebook continues in the effort to launch its Libra cryptocurrency, the social media giant is likely to rely more heavily on paid lobbyists and
October 2, 2019 No Comments
Bitcoin Can Drop to Anywhere from $7,000 to $0 Say Experts
Bitcoin’s fall from grace over the last few days has emboldened bears to come out of hiding. Calls for a plunge to $7,000 and below
October 1, 2019 No Comments
Why Analyst Says Bitcoin Price Likely to Recover to $9,000 After 23% Pullback
The bitcoin price (BTC) fell by more than 23 percent against the U.S. dollar in the past week, triggering a fierce correction in the cryptocurrency
September 28, 2019 No Comments
Did Manipulation of CME Futures Cause Bitcoin to Crash Below $8,000?
Conspiracies concerning the manipulation of bitcoin futures may now have some grounds, as researchers claim to have found a “striking systematic trend” between BTC price
September 26, 2019 No Comments
Is This Facebook’s First Step Towards Replacing the U.S. Dollar With Libra as Global Reserve Currency?
Reports indicate that the U.S. dollar will have the largest representation in the basket of currencies that will underpin Facebook’s forthcoming Libra cryptocurrency, sparking renewed
September 23, 2019 No Comments
Bitcoin Creator Satoshi is ‘Already Dead’, Claims BitMEX CEO
Arthur Hayes, the CEO of BitMEX, the most widely utilized BTC margin trading platform, has opined Satoshi Nakamoto, the creator of bitcoin, is likely dead.
September 23, 2019 No Comments
Warren Buffett has Enough Spare Cash to Buy Two-Thirds of All Existing Bitcoin
Warren Buffett isn’t much of a bitcoin fan. He’s called it rat poison squared, a gambling device, delusional, and a seashell with no inherent value.
September 19, 2019 No Comments
66% of Europe Refuse to Use Calibra for Libra Transfers
The results of a cryptocurrency survey conducted by the Dutch banking group, ING, revealed a significant lack of appetite for Facebook’s Libra, and its designated
September 18, 2019 No Comments
Facebook’s Libra Association Shrugs Off Regulatory Concerns, Prepares Launch for 2020
Bertrand Perez, the general director of the Libra Association, has expressed confidence that Facebook’s stablecoin will launch during 2020. Speaking to French publication Les Echos,
September 13, 2019 No Comments
Trump Admin Sanctions North Korean Hackers Behind Titanic Bitcoin Thefts
North Korea’s notorious state-sponsored hacker team Lazarus Group – the one responsible for stealing more than $500 million from Bitcoin exchanges around the world –
September 13, 2019 No Comments
Facebook’s Crypto Libra Isn’t Getting Away With Measly Swiss Payments License
Switzerland’s financial regulator has indicated that Facebook’s cryptocurrency project Libra will be required to meet additional requirements besides getting a payment system license prior to
September 11, 2019 No Comments
Amazon’s Secretive Crypto is Facebook Libra’s Biggest Threat: Report
Since Facebook announced the Libra cryptocurrency, a couple of other similar projects have been unveiled with all of them being dubbed potential ‘Libra-killers’. They include
September 3, 2019 No Comments
4 of 5 Bitcoin QR Code Generators Are Complete Scams
An analysis of Bitcoin QR code generators reveals the precarious state of basic security in the cryptocurrency sphere. A report from ZenGo shows four out
August 30, 2019 No Comments
80 Bitcoin Ransom Demanded in Alleged Down Under Kidnapping of Chinese Student
A Chinese student studying in Australia is allegedly being held at ransom with the kidnappers demanding Bitcoin worth over a million Australian dollars before they
August 27, 2019 No Comments
Did Bitcoin’s Most Controversial Twitter Handle Just Change Hands?
By CCN.com: The long-running conflict between Bitcoin (BTC) and Bitcoin Cash (BCH) supporters took another turn on Monday. The @Bitcoin Twitter handle, which previously showed
August 19, 2019 No Comments
3 Reasons Why Bakkt’s September Launch Is Bullish for Bitcoin
By CCN.com: Most cryptocurrency enthusiasts have been waiting for the launch of bitcoin futures trading platform Bakkt. Recently, the crypto community rejoiced as the ICE-operated
August 19, 2019 No Comments
Turkish Bitcoin Adoption Ramps Up amid Flagging Economic Recovery
By CCN.com: Turkey likes bitcoin more than any of the other 14 nations polled in a recent survey by Dutch banking group ING. Sixty-two percent
August 16, 2019 No Comments
Bitcoin Research Proves Crypto Is Becoming a Stock Market Hedge
More than a decade into its existence, Bitcoin is finally maturing into a full-blown stock market hedge. That’s the conclusion of new research from crypto
August 7, 2019 No Comments
Coinbase Goes to Battle With Binance, Looks to Add 8 New Cryptocurrencies
While Coinbase is still the place many Americans go for their first cryptocurrency purchase, another crypto exchange has them backpedalling. As the Malta-based exchange Binance
August 7, 2019 No Comments
BitMEXodus: Bitcoin Traders Abandon Exchange Amid CFTC Probe
July wasn’t exactly a banner month for crypto investors, but it turns out it was even worse for one of the world’s largest bitcoin trading
August 4, 2019 No Comments
Bitcoin Hater Peter Schiff: ‘I Made a Mistake’ Not Buying Bitcoin at $10
Goldbug and fierce bitcoin critic Peter Schiff is “kicking himself” for not buying bitcoin when he first heard about it around the $10 mark. In
August 1, 2019 No Comments
US Senator: Even If We Wanted To, We Couldn’t Ban Bitcoin
U.S. Senator Mike Crapo (R-Idaho) admitted that it would be difficult or impossible to ban bitcoin in the United States. The Senator offered a number
July 31, 2019 No Comments
China Can Crush Facebook’s Libra With Its Digital Currency: Huawei CEO
The founder and CEO of Chinese telecommunications giant Huawei, Ren Zhengfei, has dismissed concerns that Facebook’s planned cryptocurrency Libra could dominate the world at the
July 26, 2019 No Comments
Crypto-friendly Switzerland Outclasses U.S. as Facebook Libra’s Regulator
Switzerland crypto laws have appealed to blockchain enthusiasts for years. Facebook’s head of blockchain, David Marcus, is no exception. He released a statement announcing that
July 21, 2019 No Comments
Bitcoin Whales Are the Smart Money. Don’t Be the Dumb Money
By CCN.com: Owners of “whale wallets” scooped up 450,000 BTC as the bitcoin market hit bear-market lows in late 2018. It appears whales now control 25%
June 2, 2019 No Comments
Newsflash: Bitcoin Price Crashes to $6,400 Triggered by Massive $35 Million Sell Order
By CCN.com: On May 17, within minutes, the bitcoin price plummeted from around $7,800 to $6,400 in a flash crash, recording an unexpected 18 percent
May 17, 2019 No Comments
Nike, Telegram, Facebook, and Everyone Else Suddenly Love Blockchain
By CCN.com: Nike is launching a blockchain product. Telegram is launching a blockchain. Samsung is reportedly planning to launch its own token platform; building with
April 25, 2019 No Comments
Breaking: NY AG Alleges Bitcoin Exchange Misused Tether to Hide $850M
By CCN.com: The office of New York Attorney General Letitia James has officially obtained a court order to request iFinex Inc, the operator of bitcoin
April 25, 2019 No Comments
Bitcoin Exchange Suffers Trader Backlash Months After Suspicious ‘Fire’
By CCN.com: A crypto trader provided CCN.com with documents proving that he has lost around 43 Ether all told after depositing it on BiteBTC on
April 25, 2019 No Comments
As the Blockchain Hype Dies, Why Should We Care About Practical TestNets?
The blockchain era has largely been defined by grandiose promises and ambitions, but little to show for it. For most companies, even those that successfully
March 3, 2019 No Comments
Crypto Trading Giant Circle Wants to Raise $250 Million in Funding – But Why?
One of the world’s leading cryptocurrency startups, Circle, is seeking to raise $250 million according to sources directly involved with the initiative. Circle is the
March 2, 2019 No Comments
Crypto Can Help Starving Artists Survive the Spotify Revolution
Music is a vital part of our daily lives. Beats pouring out of speakers, headsets, and across crowds set the tone for much of our
March 2, 2019 No Comments
Bitcoin is the ‘Elephant-Sized’ Investment Warren Buffett Should Make
You could say Warren Buffett is loaded for bear. The “Oracle of Omaha” says he’d like to make permanent investments in U.S. companies with decent
March 2, 2019 No Comments