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…
John McAfee, arch libertarian, tax fugitive and staunch advocate of cryptocurrencies, is offering 101 survival tips in lieu of investment advice during the pandemic crisis. McAfee appeared on the left-wing podcast Aufhebunga Bunga on April 14, in an episode devoted to the political, economic and civic fault lines that have been exposed Read more…
Bitcoin price was just rejected from above $7,000, after recently bouncing from extreme lows under $4,000. With the first-ever cryptocurrency failing to reclaim highs from even just a couple weeks prior, the asset is at risk of another catastrophic collapse to as low as $1,800, according to one cryptocurrency analyst. After Read more…
Russian authorities have detained a group of online criminals that reportedly sold massive amounts of counterfeit banknotes on the dark web in return for cryptocurrencies. According to an April 7 report from Russian news agency Kommersant, the criminal group has managed to sell more than 1 billion counterfeit Russian rubles, worth around Read more…
Bitcoin (BTC) gained ironic support from United States President Donald Trump on March 27 after he appeared to say he supported manipulating the dollar. In a press conference quoted by various Twitter commentators, including Blockstream CSO, Samson Mow, Trump defended the Federal Reserve printing more than $6 trillion. Trump: the dollar Read more…