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Does Bitcoin Have Competition?


Every time cryptocurrencies are brought up in conversations, the first thing that comes to one’s mind is bitcoin. And indeed, since the bitcoin came into existence many years ago, there was nothing similar on the market. It entered our lives slowly and left such an impression that no one even...

Global Crisis Looms as IMF Report Cites Its Own Policy as Dangerous


In a new report by the International Monetary Fund (IMF) entitled “Global Financial Stability Report: Lower for Longer,” the group gives an overview of the current debt-ridden and precarious state of affairs in global economics. Not lost on some economists, however, is the irony that...

Bitcoin Price, Altcoins Gaining Bearish Momentum Below Weekly Lows


Recently, there was a minor upside correction in bitcoin price above the USD 8,000 level. However, BTC/USD failed to gain momentum above the USD 8,100 level and struggled to test the USD 8,200 resistance. As a result, there was a fresh decline below USD 8,000 and USD 7,900. Similarly, ethereum...

G7 Going to War Over Control of Money, Says 'Bitcoin Failed'


It seems that the major economies are about to intensify the war for control over money. The Group of Seven (G7) largest advanced economies has instructed its members to compete with cryptocurrencies and stablecoins by improving the existing financial system – and consider issuing digital...

SEC Wants Second Look at Bitwise Bitcoin ETF Proposal


The U.S. Securities and Exchange Commission (SEC) is reviewing its order issued last week pertaining to a rejected proposal for a bitcoin exchange-traded fund (ETF). The proposal was filed by NYSE Arca for the Bitwise Bitcoin ETF Trust. Meanwhile, the SEC is also evaluating a proposed rule change...

Mobile Casinos with Bitcoin Technology


Since it first came to the market, Bitcoin has been a popular Blockchain technology digital currency. It has also given the world a quick look at possible ways to complete transactions in the future. Luckily, the future is already here as casinos are now accepting Bitcoins as one of the currencies....

Alleged Las Vegas Scammer Charged for $11 Million Crypto Binary Options Ponzi


A Las Vegas man is charged with raising at least $11 million from cryptocurrency investors he promised to trade binary options for, and make gains of up to 300%. According to the charges the money was sent from new clients to previous ones in a classic Ponzi scheme manner. Also Read: Binance to...

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