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Making Bitcoin Go Viral: Could Endless Printing Trigger a Hyperbitcoinization Event?
26.3.2020
Hyperbitcoinization has been defined as “a state where bitcoin becomes the world’s dominant form of money.” But what actually needs to happen for bitcoin to ‘go viral’? As it turns out, a hyperbitcoinization event may be more likely than many suspect, especially in...
Here’s How to Order Food From Your Home Using Cryptocurrency
26.3.2020
Staying home during the coronavirus epidemic reduces the risk of getting infected with the deadly covid-19. The disease, which has already claimed the lives of over 20,000 people globally, spreads through human contact. Food is one of the few basic necessities that can regularly get you out of your...
How to Quickly Cash Out From Crypto to Fiat
26.3.2020
There are many reasons why you might seek to liquidate your digital assets into fiat currency, be it to pay a bill, buy a meal, or cover an emergency. When needs must, speed is of the essence; no one has time to wait three days for a bank wire to clear. For those occasions when […]
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Mt. Gox Trustee Reveals Draft Rehabilitation Plan
25.3.2020
While claims denominated in fiat currency, BTC, or BCH will be processed as requested, other crypto assets will be liquidated for cash
Mt Gox Bitcoins: Trustee Plans to Distribute BTC and BCH, Liquidate Forks Into Cash
25.3.2020
On March 24, the Mt Gox creditors’ trustee from Tokyo, Nobuaki Kobayashi, disclosed a newly written rehabilitation plan for claimants looking to access some of the funds they lost in 2013. According to the new plan, Mt Gox claimants will get BTC and BCH assets alongside the possibility...
$2 Trillion for Surveillance Capitalism – US Government Promises $1,200 to Every American
25.3.2020
On Wednesday, U.S. Congressional leaders had seemingly come up with a stimulus deal at around 1 a.m. EST. The package will cost upwards of $2 trillion and politicians are promising direct payments of $1,200 per American if they make $75,000 or less. The dollar injection will be the largest...
Price Analysis Mar 25: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO
25.3.2020
If Bitcoin sustains above $7,000, it is likely to pick up momentum and drive the entire crypto sector higher
World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic
25.3.2020
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...
Privacy Browser Brave Integrates Cryptocurrency Trading Through Binance
25.3.2020
Privacy-oriented Brave has launched cryptocurrency trading within its browser. The company announced on Tuesday that over 12 million active monthly users of the privacy browser can now buy and sell cryptocurrencies, view their crypto balances, and obtain deposit addresses without leaving...
Anonymous Bitcoin SV Miners Capture 55% of the Network Hashrate
25.3.2020
The Bitcoin SV network has been a topic of conversation recently as stealth miners currently command more than 55% of the chain’s overall hashrate during the last seven days. Last year analysts noticed a large amount of the hashrate on all three SHA256 networks (BTC, BCH, and BSV) was being...
Cryptocurrency Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures
25.3.2020
In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., South...
Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’
24.3.2020
During the last few days, members of the U.S. Congress have been trying to pen a stimulus plan to help the American economy. Since then, a few bills have been submitted by representatives and two particular proposals House democrats have tabled talk about a “digital dollar”...
#NotDying4WallStreet – Twitter Trends Show People Are Fed Up With Wall Street, Banks and Oligarchs
24.3.2020
As the coronavirus outbreak causes havoc to the world economy, the U.S. is trying to prepare for the onslaught of new cases. U.S. politicians crafted shelter-in-place orders in various states and shut down a decent fraction of American industries. Now politicians are penning an enormous bailout...
Crypto Mining Crunch Time – Bitcoin Halving Less Than 50 Days Away While Global Economy Shudders
24.3.2020
On or around May 13, the BTC network will see a block reward reduction as miners will go from getting 12.5 coins per block to 6.25 coins following the halving. The last time the protocol’s block reward halved was on July 9, 2016, and the global economy looked a whole lot different back then....
Bitcoin Price Eyeing $7,000 After Fed Says it Has ‘Infinite Cash’
24.3.2020
The Federal Reserve has now begun saying its cash is “infinite” as money printing takes on unprecedented new levels and Bitcoin profits
Cash Crisis: National Currencies Plunge in the Wake of Coronavirus
24.3.2020
Announcing an open-ended QE program Monday for unprecedented asset purchasing, the U.S. Federal Reserve has pledged to purchase assets "in the amounts needed," signaling the beginning of a virtually unlimited easing effort which will include moving into corporate bonds for the first time.
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Investors Look to Gold, Crypto After Fed Goes on QE Buying Spree
23.3.2020
Gold is up Monday and so are most cryptocurrencies, seemingly buoyed by the U.S. Federal Reserve's drastic action to thwart the coronavirus’ effects on markets and the economy
Price Analysis Mar 23: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO
23.3.2020
If Bitcoin scales the next hurdle, the possibility of a move to $8,435 increases
The Multi Trillion-Dollar Stimulus Package: These Are the US Corporations Begging for Bailouts
23.3.2020
The coronavirus outbreak has caused considerable damage to the global economy and this week the U.S. is facing the onslaught of the scare. As Republicans and Democrats battle in congress over a 2020 stimulus plan, corporate industries are leaping at the chance to get a bailout. While the Fed tosses...
‘Buy Bitcoin’ Searches Skyrocket, Exchange Volumes Spike, Crypto Account Signups Swell 83% As Coronavirus Fears Heighten
22.3.2020
Exchange data and statistics from Google Trends, Twitter, and Baidu show that despite the recent price drop people are looking to buy bitcoin. During the week of the crypto market massacre that started on March 12, Coinbase broke traffic records and witnessed considerable trade volumes. Similarly...