TagBitcoin

Pure Bitcoin News. Read the latest Bitcoin News from CCN Markets. We cover Bitcoin and cryptos 24/7 every day of the year.

Legendary Investor Bashes 'Psycho-Currency' Bitcoin, Then Accidentally Makes Crypto Case

By CCN Markets: Mark Mobius, the legendary emerging-markets investor and founder of Mobius Capital Partners, referred to bitcoin as a “psycho-currency” on Tuesday in an interview with Bloomberg. He claimed the rise of “faith-based” cyber-currencies would ultimately push investors towards hard assets like gold. “You have all these new currencies coming into play. I call them psycho-currencies...

The Bitcoin Skeptic: Bitcoin Isn’t a Hedge for Anything

By CCN Markets: As the bitcoin skeptic here at CCN, my job is to provide counter-arguments to the bitcoin bulls. Today I’m going to debunk the claim that bitcoin is a hedge against anything, much less the stock market. What Is a Hedge?  It Sure Ain't Bitcoin! A “hedge” is an investment made to offset some form of risk. It can take many forms. An investor may purchase put options on the stock...

Bitcoin’s Satoshi Reveal Part 2: Lost Private Key, the CIA, & the Godfather

fake satoshi, bitcoin

By CCN Markets: The second part of the Satoshi reveal by the (new) self-proclaimed inventor of Bitcoin proved to be even more outrageous than the first. In it, ‘Satoshi’ confirmed himself to be Bilal Khalid – as was previously discovered in a check of the domain name registrar for the ‘Satoshi Reveal’ website. We also find out the reason why he can’t access his $19 billion fortune (he lost his...

Did Bitcoin's Most Controversial Twitter Handle Just Change Hands?

bitcoin twitter

By CCN Markets: The long-running conflict between Bitcoin (BTC) and Bitcoin Cash (BCH) supporters took another turn on Monday. The @Bitcoin Twitter handle, which previously showed support for the BCH community, appeared to switch sides suddenly. Within hours, hundreds of pro-BCH posts were deleted from the account, though others - including the pinned tweet - curiously remain. Meanwhile, the link...

3 Reasons Why Bakkt’s September Launch Is Bullish for Bitcoin

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By CCN Markets: Most cryptocurrency enthusiasts have been waiting for the launch of bitcoin futures trading platform Bakkt. Recently, the crypto community rejoiced as the ICE-operated company announced the official launch date of Sept. 23. Within 48 hours after the big reveal, bitcoin surged by 10 percent. Many investors know that the entry of Bakkt in the cryptocurrency space is bullish for the...

Bitcoin Faketoshi Fails Again? Craig Wright 'Exposed' by Microsoft Office

craig wright, bitcoin, satoshi nakamoto

By CCN Markets: Self-proclaimed Bitcoin creator Craig Wright popped up to remind everyone of his existence this week. While yet another ‘Faketoshi’ showed up to begin their own unique scam, Wright was busy unwittingly exposing his own. Did Microsoft Office Just Catch Craig Wright in the Act? On August 18th, Craig Wright uploaded a paper to the SSRN database titled Payments Providers and...

Litecoin Price Slump Rewards Bold Traders With 'Maximum Opportunity'

litecoin price

By CCN Markets: Litecoin’s recent halving was unfortunately met by intense selling against Bitcoin. The downward pressure was so intense that the crypto token plunged to a fresh 2019 low of 700,100 satoshis (~$72) on August 17th. Recent price action suggests that there’s nothing bullish about the chart of the fifth-largest cryptocurrency. However, that's precisely why one contrarian crypto trader...

Ethereum Whiz Teases 100x Scaling, Says Crypto Is 'Bigger Than Bitcoin'

ethereum vitalik buterin crypto bitcoin

By CCN Markets: Ethereum co-founder Vitalik Buterin says improving scalability could slash crypto transaction costs by a factor of "over 100." That's crucial, considering that blockchain has become so much "bigger than bitcoin." Moreover, Buterin says upgrading scalability could dramatically boost mass crypto adoption. So that's a pressing issue the industry must address if it wants to make...

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