Bitwage has announced the launch of what’s reportedly the world’s first Bitcoin 401(k) plan, enabling companies to give employees the ability to invest their pre and post-tax dollars in Bitcoin. Announced by Bitwage CEO, Jonathan Chester, the launch comes after the company tested the system for ten months on its own Read more…
In a recently published tweet, macroeconomist and trader Henrik Zeberg says that the Bitcoin price is still on track to collapse the $1,760 level by July. This almost certainly takes the cake when it comes to the most bearish price predictions. #Bitcoin breaking trendline! Did decline towards ~1760 USD begin? I will Read more…
Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Locke used to say: Let’s add the milk of data to the cereal of understanding! Bitcoin price We closed the day, May 25 2020, at Read more…
Weakening fundamentals Bears in control? Data provided by Glassnode shows that Bitcoin, the leading cryptocurrency by market cap, could enter bearish territory if its fundamentals don’t improve in the nearest future. The GNI index, which describes the overall state of the Bitcoin blockchain, has slipped to 60 this week. This represents Read more…
Argentina’s Financial Information Unit has ordered stricter monitoring of Bitcoin trading and other crypto transactions. Banks, credit card companies, exchanges, and other institutions have been asked to be on high alert and report “suspicious” activity. The move comes as the government battles the flight of devalued pesos from its economy, Read more…
The bulls are on the ropes Satoshi’s dirty tricks Prominent cryptocurrency trader and analyst Scott Melker has taken to Twitter to opine on Bitcoin’s price action after the world’s leading cryptocurrency dropped to the $8,700 level. He claims that short time frames look oversold, which might indicate at least a minor relief Read more…
Bitcoin loses strength versus the altcoins, which are more resistant to falls. The market is once again feeling fear, according to sentiment indicators. The XRP, the last one to reach the market share battle, shows strong growth potential. The cryptocurrencies market started the last week of May with significant drops Read more…
The collapse is about to begin Coming out on top Robert Kiyosaki, the author of international bestseller ‘Rich Dad, Poor Dad,’ has once again asked his followers to buy Bitcoin and precious metals (silver and gold) in a viral tweet. He says that dominos are ‘starting to fall’ amidst the ongoing crisis, Read more…
By Frank Holmes, CEO and CIO, U.S. Global Investors Last week I was honored to participate in the first virtual Consensus cryptocurrency conference, hosted by CoinDesk. In years past, the annual gathering—attended by the world’s biggest crypto and blockchain companies, experts, entrepreneurs and investors—has been held in New York, but Read more…
Elon Musk, the often controversial CEO of Tesla, recently shared his thoughts on crypto and Bitcoin during the Third Row Tesla Podcast, saying he is generally ‘neither here nor there on Bitcoin’. However, he did concede that the Bitcoin whitepaper, written by Satoshi Nakamoto, was ‘pretty clever’. Musk’s criticism of crypto and Read more…