Uprooting tribalism The decentralization of everything Venture capitalist Tim Draper says that Bitcoin, a frictionless and transparent cryptocurrency, has the potential to change the nature of banking during his appearance on AIShowBiz. He explains that the leading coin eliminates the need to pay exuberant fees ‘every time you swipe a credit card.’ Read more…
To scholars and activists left and right, human nature is the enemy. If it were not for human nature, the environmentalists believe, the forests and fields and natural wonders of the world would be pristine and perfect. If it were not for human nature, believe the behavioral economists, we would make better choices – save Read more…
From the $8,800 lows seen on Thursday, Bitcoin has registered a healthy rebound, recently retaking $9,200. While this bounce off the lows has made many traders optimistic, the cryptocurrency remains on the edge of a cliff, a new analysis suggests. That’s to say, should prices fall or stagnate from here, Read more…
The weekend started in neutral mode for the cryptocurrency market. However, some of the top 10 coins are in the green. Ethereum (ETH) and EOS have risen 0.83% and 0.32% respectively. Top 10 Coins by Coinstats At the same time, the total market capitalization has gone down a few points as the current Read more…
Mining is a way using which you can easily earn money from bitcoin. When you let the computer calculate, a new coin is generated, and the transaction fee of this newly generated coin and Bitcoin becomes the reward (mining reward). This calculation refers to the authentication work of Bitcoin transactions Read more…
Multinational investment bank Goldman Sachs will be hosting a Bitcoin call on May 27th for its clients. The news was revealed Friday by The Block’s Mike Dudas, who shared the image below of an invitation to a call for May 27th entitled “Implications of Current Policies for Inflation, Gold, and Read more…
With Bitcoin mounting a comeback since March, approaching the highs of February recently, now investors are wondering what the longer-term prospects of the cryptocurrency may hold. After cresting 10,000 in February, following a run-up that began in December, the world’s most renowned cryptocurrency plummeted once again, leaving investors frustrated and Read more…
Selling the top Aiming for $300,000 In a series of recent tweets, financial analyst and podcaster Preston Pysh has once again outlined his bullish case for Bitcoin, claiming that the world’s largest cryptocurrency could ‘go beyond’ the levels of the stock-to-flow (S2F) model. The widely cited model, which was introduced by Dutch crypto Read more…
The class-action lawsuit filed by the Kleiman Estate against Craig Wright, the self-proclaimed Bitcoin creator and former partner of late Dave Kleiman has seen several twists and turns with no definitive outcome. Kleiman Estate is suing Wright to get access to the Bitcoin mined by Wright in partnership with Dave Read more…
The COVID-19 pandemic has revealed serious problems of the currently existing financial system as well as the Bitcoin’s benefits over it. As many economies slowly begin opening up again, their stability remains uncertain. 2020 will go down in the history books as the year financial markets suffered their worst day since 1987 Read more…