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S2F Price Model Suggests Bitcoin Price Hits $100K – Author Claims Model Is Perfectly on Track
6.8.2020
The author of the controversial bitcoin stock-to-flow (S2F) price model said that at current prices the S2F model is “perfectly on track.” S2F shows the price could hit around $30,000 by the year’s end and by August 2021 prices could be $100,000 per bitcoin. The crypto asset...
Twitter Hack Shows That Crypto Is Easier to Investigate Than Fiat, Say Industry Law Experts
4.8.2020
A panel of compliance experts from the crypto industry agreed that law enforcement and institutional finance have been hearing more positive narratives about crypto
Bitcoin Price Hits New All-Time High Against Turkish Lira
4.8.2020
As the Turkish lira hits record lows despite foreign reserve selling, Steve Hanke says that only a “gold-backed currency board” can save the economy
Chinese Ex-Banker Says Digital Currency Should Replace Fiat Money
4.8.2020
A former vice president of the Bank of China has argued that digital currency should replace fiat in the nation's financial systems
This Coin’s Supply Goes Down as the Price Rises
30.7.2020
This crypto exhibits no correlation with Bitcoin; it was designed to behave differently from every other currency — crypto or fiat, with a money supply that expands or contracts depending on demand
China Didn’t Ban Bitcoin Entirely, Says Beijing Arbitration Commission
30.7.2020
Bitcoin-related activities are not prohibited by the Chinese government as the cryptocurrency acts as a virtual commodity
Comparing Money Laundering With Cryptocurrencies and Fiat
30.7.2020
Laundering money with Bitcoin is actually an ineffective strategy because of its complexity and high risk
Binance Opens Up ‘Full Fiat’ Australian Exchange
29.7.2020
The most recent spin-off from the mothership, Binance Australia, claims to provide local traders with the speed, deep liquidity and security of the flagship platform
Goldman Sachs Warns US Dollar Risks Losing World Reserve Currency Status, Gold and Bitcoin Soar
28.7.2020
Goldman Sachs has warned that the U.S. dollar may lose its status as the world’s reserve currency. The investment bank is bullish on gold as fears over governments debasing their fiat currencies grow and real interest rates are pushed to all-time lows. Goldman Sachs’ Dollar and Gold...
Visa Moving to Integrate With Digital Currency Platforms
26.7.2020
Visa says it is working to integrate digital currencies with its existing global network of 61 million merchants. The global payments technology giant is working with two licensed and regulated digital currency platforms, Coinbase and Fold. In a blog post, Visa says the emergence of fiat-backed...
Binance’s Fiat-Gateway Partner Banxa Expanding to US
24.7.2020
Banxa plans to leverage custody and settlement infrastructure from exchange platform Zero Hash
Opera Expands Crypto Wallet Top-Ups to the UK
24.7.2020
Opera users in the United Kingdom can now purchase cryptocurrency directly via bank accounts or digital banking app Revolut
World Stablecoin Association Launches in Switzerland
23.7.2020
The World Stablecoin Association aims to unite major global stablecoin projects like Tether and USDC
Fiat Will Be a Passing Fad In the History of Money - Deutsche Bank Strategist
23.7.2020
Fiat money will be a passing fad in the long-term history of money, while gold, as a hedge against government money, is outperformed by equities in the long run, according to Jim Reid, Research Strategist at German banking giant Deutsche Bank.
In a note to clients on Wednesday, he admitted that...
World Will Not Adopt a Bitcoin or Gold Standard, Says Peter Brandt
23.7.2020
The world is headed for special drawing rights with gold participating, but not a return to the gold standard, the trader says
Binance Buying a Traditional Bank Is Not a New Idea, CZ Says
22.7.2020
Binance CEO CZ says that having their own bank would unlock one more channel for interacting with global regulators
Sizeable Portion of Tether’s $4.5B Growth Comes From Exchange Fiat
21.7.2020
Tether rose quickly to $9.1 billion in 2020 as supply doubled since March, but some of that is old money being repurposed into USDT
Wirex Approved to Issue Mastercard-Backed Bitcoin Debit Cards
20.7.2020
Mastercard said Monday it had granted Wirex principal membership status, becoming the “first” native cryptocurrency outfit to do so. The membership allows Wirex, a London-based digital payments firm, to issue payment cards directly to consumers, making it easier for people to buy, hold...
Bank of Thailand Progresses With Digital Baht Tests Before Public Launch
16.7.2020
The Bank of Thailand is looking to test the digital baht with Hong Kong’s central bank after piloting the CBDC with large businesses
Village in El Salvador Turns its Back on Fiat in Favor of Bitcoin
15.7.2020
Source: Twitter/@Bitcoinbeach
Foundering fiats, a global pandemic and an anonymous donor’s generosity have led to the creation of a bitcoin (BTC)-powered economy in a village in El Salvador, the smallest and the most densely populated country in Central America.
Per an article written by a Forbes...