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Bitwage and Gemini Partner to Launch Bitcoin-Based Retirement Plan for Employees
27.5.2020
Cryptocurrency payroll service Bitwage has announced the launch of a Bitcoin 401 (k) plan, allowing companies to give their employees a BTC-based retirement plan. In a press statement, Bitwage, which claims to have tested the product on its own employees for 10 months, said workers now have...
The Future of Digital Assets: Stepping Into the World of Mainstream Crypto
27.5.2020
Let’s take a look at some of the possible use cases for crypto and blockchain in the forthcoming years and decades. Surely though, there is much more to come
Pandemic Highlights Inefficient Systems: Blockchain Can Help
27.5.2020
The Global Blockchain Business Council believes the pandemic has shone a light on many systemic inefficiencies that blockchain technology can solve
IMF Predicts Banks Will Struggle at Least 5 More Years After Global Economy Recovers
26.5.2020
The International Monetary Fund (IMF) has predicted that banks will struggle to generate profits at least five years after the global economy recovers from the coronavirus-led economic crisis. The IMF explained that banks were struggling even before the covid-19 pandemic so their troubles...
Swiss Government Rejects $103 Million Bailout for Crypto Companies Battered by Coronavirus
26.5.2020
Switzerland’s government has rejected a 100 million franc ($103 million) bailout for local cryptocurrency companies battered by the coronavirus economy, local media reported. Zug finance director Heinz Taennler requested the special funding package in April. He planned to issue out loans...
Tencent Is Pouring $70B Into New Tech Including Blockchain
26.5.2020
The web giant is earmarking funding for emerging technologies as it seeks to grow after the COVID-19 epidemic
How Bitcoin Mining Changed After the Halving
26.5.2020
Bitcoin’s third-ever halving this May was arguably the top crypto event of the year — especially since the coronavirus pandemicContinue Reading
The post How Bitcoin Mining Changed After the Halving appeared first on CoinMarketCap Blog
This Is Not Capitalism: How Covid-19 Shined a Light on America’s Fascist System
25.5.2020
In the last few months, giant American corporations and financial incumbents that are subsidized by the U.S. government, have profited immensely during the coronavirus outbreak. This has caused certain groups of people and those who despise wealth to claim that “capitalism is broken.”...
US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level
24.5.2020
The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage payments. The impact of the real estate crisis is also seen in rental and commercial...
What the Birth of Crypto Can Predict for the Post-COVID-19 World
24.5.2020
The coronavirus outbreak may become the catalyst that will reveal the benefits of libertarian solutions and technology, such as cryptocurrency
Cryptocurrency News From Japan: May 17 - May 23 in Review
23.5.2020
Bitpoint exchange briefed fiscal year losses, Binance donated masks to Japanese nursing homes, and more headlined news from Japan this past week
Master of Puppets: Bitcoin Cuts the Strings
23.5.2020
The centralized financial system has compromised itself several times during the last two decades alone, and now it’s time for a serious change!
Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware
23.5.2020
Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5.6 million for the first quarter of 2020, down from $9.5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent...
Illegal to Own Gold? Hedge Fund Manager Warns Governments May Ban Gold Ownership
22.5.2020
A well-known hedge fund manager has warned that governments may ban private gold ownership. He explained that central banks may attempt to demonetize gold, making it illegal for private individuals to own, as the authorities lose control of inflation amid the coronavirus-led economic crisis....
Bitcoin Will Create a New Economic Elite in 2020
22.5.2020
The economic crisis caused by the coronavirus outbreak has clearly shown the advantages of the decentralized technologies and cryptocurrency
Immunity Passports May Be Blockchain's Killer-App, Says Overstock CEO
22.5.2020
Overstock CEO Jonathan Johnson believes that COVID-19 Immunity Passports may be the killer-app to bring blockchain tech out of Bitcoin’s shadow
Jack Dorsey Gives $5M to Support UBI — Could Crypto Deliver it?
22.5.2020
The Twitter CEO announced on May 21 that he would be giving $5 million to Humanity Forward, a UBI-proponent established by Andrew Yang
UAE Startup Relies on Blockchain Technology to Flatten COVID-19 Curve
21.5.2020
Blockchain-based solution may help to contain the growing cases of COVID-19 across the UAE
Finance and the Real Economy Can’t Stay Out of Sync Forever
21.5.2020
While Main Street is shut down, the financial world keeps moving as quickly as ever. That's not a sustainable situation, says our columnist
Recent Unemployment Numbers Might Not Mean Anything for Bitcoin
21.5.2020
Millions more Americans posted unemployment status last week, but does that mean anything for Bitcoin?