Banks and other financial institutions have never been close friends of Bitcoin and other cryptocurrencies. Goldman Sachs is a good example, albeit it seems that the bank has some other problems to deal with as well. This week, the people at Goldman Sachs had an interesting discussion on Bitcoin, inflation, Read more…
Bitcoin daily chart Bitcoin trades lower on Tuesday as general crypto sentiment remain weak. The market seems to be stuck between a rock and a hard place since the halving event took place last week. Now BTC/USD dipped below the 9K level after rejecting the 10K resistance zone twice in relatively quick Read more…
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…
Alittle over a month after major crypto exchange Binance launched options trading for Bitcoin, the company today announced the listing of Ethereum (ETH) and Ripple’s XRP contracts on its derivatives platform. #Binance Options Lists @ethereum $ETH and $XRP Contractshttps://t.co/jH2dC51XwD pic.twitter.com/V3IXYhhYtY — Binance (@binance) May 25, 2020 Options are investment contracts that provide traders the 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…
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…
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…