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Short Term Price Drops, Sudden Or Otherwise, Are Irrelevant Says John McAfee


Technology leader and crypto influencer John McAfee tweeted on Monday evening that crypto price fluctuations in the short run are irrelevant. He urged investors to never panic in case of sudden price drops and asked them to check prices every two or three months. Do not, under any crcumstances...

SEC Commissioner Says Time Is Right for Bitcoin ETFs — 3 Funds Pending


The U.S. Securities and Exchange Commission (SEC) is currently reviewing three bitcoin exchange-traded funds (ETFs), one of which was filed last week to track the prices of two cryptocurrencies. An SEC commissioner said at the Consensus conference on Monday that the time is right for a bitcoin...

CME’s Bitcoin Futures Break Records With $1 Billion in Notional Volume


The world’s largest options and futures exchange, Chicago Mercantile Exchange & Chicago Board of Trade (CME Group) and its bitcoin futures contracts saw an all-time high on May 13. According to CME’s records, the exchange recorded 33,700 contracts on Monday which represented...

Cryptocurrency Exchanges Are Cleaning up Their Act


Ask a dozen crypto traders for the reason behind the recent rally and you’ll get a dozen different theories. Bakkt futures, Microsoft building on Bitcoin and Whole Foods accepting crypto have all been cited as fueling the bull market that’s broken out. While these factors have certainly...

Our Value of Money Is Subjective But That Doesn’t Make It Meaningless


In my last op-ed, I discussed how the value we place on items and goods is subjective based on Carl Menger’s Subjective Theory of Value and how these concepts apply to people’s perception of value with things like fiat, gold, and bitcoin. The post outlined the idea that money cannot...

Bitcoin (BTC) Flirts With Psychological $8,000 Mark


It’s been undeniably a good few months for backers of Bitcoin. The end of April saw the digital currency record its first three-month winning streak since 2017, closing 28.5% higher in April alone. Another milestone has been reached in early-May, as Bitcoin passed the $100 billion Market...

Bitcoin (BTC) Price Suffers Sudden Slump Within No Time In A Single Day


Bitcoin price on a whole is showing an ascending trend in consideration to its surge observed since past week. However, the above graph only shows the surge on a totality basis, but when we look into the graph on a daily basis; it is evident that the movements are not at all straight and easy....

How to Send Bitcoin Cash via Text Messages to Anyone With a Mobile Phone


Cointext allows you to send bitcoin cash (BCH) to anyone with a mobile phone in the regions supported by the service even if you don’t have access to the internet. On a global scale, the availability of cheap devices can help many more people use cryptocurrency for payments via SMS text...

E-Commerce Giant eBay All Set to Start Accepting Payments in Cryptocurrencies


When cryptocurrencies first came into existence, no one quite took it with much seriousness and a future in which payments could be made with those currencies was nothing short of a pipe dream. However, over the past few years, that attitude is changing at a breakneck pace as more and more people...

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