Crypto analyst Nicholas Merten says he believes Bitcoin is firmly on a long-term trajectory that will bring the leading cryptocurrency to $100,000. In a new episode of DataDash, Merten takes a bird’s-eye look at Bitcoin’s boom and bust cycles over the years. By looking at the long-term logarithmic chart of Read more…
Coinbase is revealing a look behind the curtain at which assets were most popular among crypto buyers after the market crash on March 12th. According to internal data released by the exchange, more than half of total deposits and trades on the platform on March 12th and 13th were for Read more…
Now, after courts in India reversed a near two-year effective bitcoin ban in March, bitcoin trading in the country is exploding—pushed higher by a country-wide economic slump and a coronavirus-induced lockdown. Bitcoin and crypto banking services platform Cashaa India saw its trading volume rocket by 800% in the two days after Read more…
The CEO of Binance, Changpeng Zhao, has urged his 500,000 Twitter followers to download the Brave browser in order to stay private online. In a tweet today, he said, “Sorry, Bitcoin isn’t free. (no, it’s not going to zero) Privacy is. You just have to install the brave browser. Protect yourself.” Sorry, #Bitcoin isn't free. Read more…
Chamath Palihapitiya says the Federal Reserve shouldn’t pump billions of dollars into “rich CEOs and boards that have horrible governance.” Chamath Palihapitiya, the CEO of investment firm Social Capital and chairman of spaceflight company Virgin Galactic, has argued that the US government and the Federal Reserve should not bail out Read more…
Governments around the world are careening toward a period of dramatic spending. The U.S. Federal Reserve announced another $2.3 trillion in lending programs on Thursday to stabilize America’s coronavirus-stricken economy. The Bank of England announced it would likely extend billions of pounds to directly finance the government’s crisis response. All this inspires inflation concerns around the Read more…
Cryptocurrency exchange Binance is enabling citizens in five further countries to buy cryptocurrency using Visa debit and credit cards with their national fiat currencies. The new service, announced April 10, will extend card support for the Colombian peso, the South Korean won, the Kenyan shilling, the Kazakhstani tenge and Peru’s neuvo sol. Read more…
In January 2019, a new project — CoinJoy — was launched. CoinJoy is a user-friendly cryptocurrency news aggregator with a news searching feature and an option of filtering the sources. “We launched our site as a news aggregator, but we are actively working on its functionality and plan to add Read more…
As the European Commission finished its public consultation on cryptocurrency assets in March, France’s major financial regulator stepped in to express its stance on the matter. The Autorité des Marchés Financiers (AMF), the stock market regulator in France, has published an official response to the EC consultation, outlining some basic proposals regarding Read more…
There are more than 2000 billionaires on Forbes’ ‘The Richest in 2020’ list — but only a handful come from the world of cryptocurrency and none of them are named ‘CZ’. Only four entrepreneurs who made their fortunes in crypto were included among the 2,095 billionaires the magazine named on April 8. Read more…