By examining the differences between Greek and Japanese deflation, one can get a better understanding of how Bitcoin would react in such an economic environment. Bitcoin’s Role as a Hedge Gold is the primary hedge against inflation, but Bitcoin is developing similar properties. Bitcoin’s monetary inflation is currently higher than that Read more…
After recovering from the March 12 collapse, Bitcoin has jumped above and below the $7,000 threshold several times. However, on April 23, the flagship cryptocurrency actually started its price action, leaving $7,092 behind. On April 28, Tuesday, Bitcoin started moving up from the $7,777 level and has now reached $7,925. $7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$7,777$ Read more…
The world’s leading cryptocurrency exchange, Binance, is reportedly under attack. According to a report from Coinness, the Co-founder and CMO of the exchange, Yi He, notified about the attacks in a WeChat group. On social media, a recent mailer from the exchange sent in Chinese text has had users suspect a phishing Read more…
Bloomberg Intelligence researcher Mike McGlone has opined that Bitcoin is maturing as a store of value after a plunge in the asset’s level volatility. After fully recovering from its 48 percent collapse on March 12, McGlone expects Bitcoin to continue its uptrend together with gold. In this tumultuous year, Bitcoin is gaining Read more…
Binance, a leading crypto exchange, announced on Monday the launch of its much-anticipated Bitcoin mining pool. The mining pool will support both PoW and PoS consensus mechanisms for mining. Dubbed Binance Pool, it will be integrated with the exchange’s ecosystem of products including spot exchange, derivatives products, lending services, and Read more…
Twitter and Square CEO Jack Dorsey who has made absolutely no secret of his love for cyrptocurrency over the years says Bitcoin for him is like poetry. Praising The Bitcoin whitepaper that was published in 2008 by Satoshi Nakamoto (a name used by the presumed pseudonymous person or the group who developed Read more…
Once the Bitcoin rewards halving goes through on May 12, the annual inflation rate of the cryptocurrency will be about half of the global average. As crypto analyst Mati Greenspan noted on Twitter on April 26, the annual inflation of Bitcoin (BTC) will fall from 3.65% at the time of press to 1.8% once Read more…
Bitcoin starts the week following a bullish weekend. Just as anticipated, Bitcoin broke above the $7600 to a new price high since the devastating collapse on March 12. As of writing these lines, Bitcoin marks $7800 (Bitstamp) as the new high. Following our previous BTC analysis from Saturday, we can see that Read more…
Cryptocurrency critic Peter Schiff has slammed the Bitcoin community for trying to portray Mark Cuban’s $130 BTC stash as an endorsement. In fact, Schiff believes that this infinitesimal amount accepted by Cuban-owned Dallas Mavericks proves “the opposite.” Basketball fans are not keen on Bitcoin Cuban, who became a billionaire by selling his Read more…
Recently, one Bitcoin fan won a virtual NASCAR race — featuring the current NASCAR Cup Series Drivers’ Champion Kyle Busch — in a white and orange car that was covered with the Bitcoin logo. The NASCAR Cup Series is the top racing series of the National Association for Stock Car Auto Racing (NASCAR). Kyle Busch is the current Drivers’ Champion; he Read more…