Crypto-enthusiasts hail bitcoin as an alternative to fiat currency. However, it is not doing what it is designed to do, as nothing can be purchased with bitcoin or any other cryptocurrency, says crypto-skeptic Peter Schiff. Schiff was replying to a follower on Twitter who commented that bitcoin was a way Read more…
It’s been a tough past few days for Bitcoin. The cryptocurrency has slipped approximately 10% from the $10,100 monthly highs to a recent low of $8,800, triggered by fears that Satoshi Nakamoto is dumping his BTC. While those rumors have since been disproven by blockchain analytics companies, BTC has yet to recover. Worse Read more…
Bitcoin has proved its superiority to the banks as a means of making massive value transactions once again. This time, $400 million worth of the digital currency was transferred for a total fee of just $2.50. The huge transaction was reported earlier today by YouTuber Ivan on Tech (@IvanOnTech) via Twitter. Posting a Read more…
A 50-year old ex-fund manager Vlas Matveev, has recorded a loss of $250,000 to a US-based hedge fund company Cryptolab Capital after a news that the company is liquidating. The Cryptolab Capital, a mixed-strategy investment firm, was said to have attracted investors with the promise of outstanding returns on their Read more…
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