Bitcoin moved beyond $12k for the first time since August again as Fed Chair Jerome Powell spoke of CBDC and the IMF floated the term “New Bretton Woods”.An eToro analyst said in response to Bitcoin’s recent rise:Bitcoin has been on a steady rise over recent weeks, driven partly by the news of Square’s $50 million […]
Cryptocurrency is finding new purpose now that Nigeria has joined Belarus as a place where anti-government protests are being crowdfunded by Bitcoin. Belarus had setup a fund fueled by both Bitcoin and Ethereum a few weeks ago already to help citizens get rid of President Lukashenko.Africa has seen the way this was organized and now Nigerian […]
Oh the irony. When an American company started a trading business which didn’t involve you paying a fee to your broker, because of the massive volume they could generate, some thought the name was badly chosen. According to popular legend, Robin Hood stole from the rich to give to the poor whereas this trading app […]
Popular Bitcoin critic Peter Schiff has become embroiled in a tax evasion allegation. According to reports, the American investor is part of a tax evasion probe involving multiple countries.The probe report alleges that Euro Pacific Bank, a Puerto Rico based bank founded by Schiff had been facilitating tax evasion.Schiff’s Bank named as a severe organized […]
As I watched the newly released “totally under control’ documentary over the weekend (which highlighted the botched Covid-19 response the US political leadership put in place), I was reminded of the cruise ships debacles back in February and March.Back then, as the “Diamond Princess” cruise ship anchored in Japan, it was for a while the […]
The massive possibilities of the Indian subcontinent are becoming more and more obvious for crypto investors willing to get in early. This is not too surprising considering the possible growth curve. Crypto is booming business in cities like Delhi and Mumbai after the country’s Supreme Court, in March of this year, finally overruled the banking […]
The rise of Decentralized Finance in 2020 has been one of the most trending crypto stories in recent months.According to the latest report from crypto data aggregator CoinGecko, Decentralized Exchanges (DEX) surpassed Centralized Exchanges (CEX) in the third quarter of 2020 based on their trading volume.https://twitter.com/coingecko/status/1314555170945003521?s=20DEX hit record volumesThe CoinGecko report noted that DEX’s experienced […]
Historical charts of the BTC price claim that whenever the world’s most famous cryptocurrency stays in a tight trading range for a long time, a major price move is imminent. If that is also the case this time round, then we are indeed due a breakout.Whereas we reminded you some 45 days ago that September […]
Brian Armstrong is quite the household name in crypto. As founder and CEO of Coinbase, one of the largest crypto platforms in the world and the largest exchange being operated in the US, he holds a great deal of influence in the cryptosphere. He seems to have met his match in Twitter CEO Jack Dorsey, […]
The KuCoin exchange, which was in the news recently because of one of the largest hacks in the crypto scene, is having a hard time regaining the trust of users. The latest news involving their refusal to immediately list the now highly popular Filecoin was met with scorn on social media.204 million returnedWhen several wallets of […]
