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Ignore Crypto Twitter – Life as a Nocoiner Isn’t That Bad
18.7.2019
Crypto Twitter (CT) is filled with half-witted commentary and price predictions by so-called luminaries, maximalists, and influencers. As the price of BTC has dropped to four figures, the usual tweets from CT thought leaders has insisted that this is the last chance to buy bitcoin for under...
Huobi Revamps HUSD Stablecoin to Help Power ‘Fiat On-Ramp’
17.7.2019
Huobi is overhauling its HUSD stablecoin in a new partnership with Paxos and Stable Universal
Hackers Are Turning Binance’s Stolen Bitcoin Into Fiat
16.7.2019
Another tranche of stolen funds have hit exchanges and are being turned into fiat
Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status
13.7.2019
Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales of goods and services. Georgia has become the latest nation...
‘Zimdollar’ Reboot: Bitcoin Fills Liquidity Gaps as New Zimbabwe Currency Flounders
12.7.2019
P2P bitcoin trade is surging in Zimbabwe via mobile exchange platforms like Ecocash, despite recent government efforts to curb the use of competing currencies locally. As of June 24, the reinstated Zimbabwe dollar (formerly RTGS dollar) is now the only recognized currency in the economically...
What Are Dollars Used for, President Trump? – The Gun Money Known as USD
12.7.2019
Donald Trump has taken to Twitter yet again, and this time he’s talking about bitcoin and the superiority of the United States dollar. Bashing lack of regulation and potential for criminal activity inherent to crypto, Trump claims the U.S. fiat will always be the strongest currency in...
Binance Expands Fiat Trading Pairs for Singapore Exchange
10.7.2019
The expansion of its fiat-enabled trading platform in Singapore has been announced by major cryptocurrency exchange Binance
StellarX Lists Fiat Backed XLM Offered By Token.io With Support From Its Founder
9.7.2019
Crypto Exchange StellarX announced on Monday that it has listed XLM offered by Token.io, backed by fiat currencies in 1:1 ratio. The listing was done with support from Token.io founder and CEO Steve Kirsch. We're excited to announce that we've recently listed new 1:1 fiat backed XLM tokens...
Report: Fortress Offers to Buy Mt. Gox Bitcoin Claims at $900 a Piece
9.7.2019
Fortress Investment Group is reportedly buying Mt. Gox creditors’ bitcoin claims at $900 each
Ripple’s XRPL Labs Announces New Xumm Application For Storing Fiat And Digital Currencies
8.7.2019
Ripple powered Xpring’s XRPL Labs has announced a new application called Xumm, which will allow users to store fiat and digital currencies in the wallet account, without any intervention from banks. In other words, Xumm offers banking services without banks getting involved. XRPL Labs’...
Why Bitcoin Maximalists Ignore the Value Proposition of BCH
7.7.2019
Some crypto companies keep wilfully ignoring BCH. Let’s compare the coins and see if BCH haters rail against Bitcoin Cash on purpose or simply due to a lack of understanding. Also read: Bitcoin and Black Market Fiat: Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up Bitcoin...
Competing Stablecoins Can’t Topple Tether
6.7.2019
Love, hate or fear it, there’s no avoiding tether (USDT). Its shadow looms over the cryptoconomy, supplying sanctuary in times of volatility, providing fiat capital inflow and acting as a lightning rod for crypto critics who believe it’s propping up the price of bitcoin. Over the past...
Facebook Libra: a New, Revolutionary, Fiat Currency
4.7.2019
Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings.
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Within just the last couple of weeks, so much has been said...
Buy Bitcoin? Trump Says US 'Should Match' China’s Money Printing Game
4.7.2019
Belligerent currency manipulation tweet from Trump bolsters the argument for crypto as a safe haven asset
World’s First Zero-Fiat ‘Bitcoin Bond’ Now Available on Bloomberg Terminal
3.7.2019
No fiat involvement for regulated bitcoin bond which gained U.K. regulatory approval
Bitcoin and Black Market Fiat: Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up
2.7.2019
Venezuela is being crushed by staggering hyperinflation as a sharply divisive political crisis has the economy in ruins. Some are seeking refuge in alternatives to the national currency, like foreign fiat and crypto. The situation also calls into question the long-term trajectories of other, less...
Busan City To Launch Its Stablecoin Pegged To Fiat Currency
2.7.2019
The second most important metropolitan of South Korea Busan has decided to launch Blockchain based regional digital currency. This will expand the financial infrastructure of the country. The news was reported by technological news publication of the country ETnews. The city is a growing hub...
Africa’s Interest in Bitcoin Remains High as 15 States Plan to Adopt the ‘Eco’ Currency
2.7.2019
By 2020, a large group of West African countries plan to adopt a single fiat currency called the eco. After a meeting in Abuja held on June 29 between the 15 member-country regional bloc, the implementation of a new single currency, after debating the monetary unit for years, was agreed. Despite...
Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?
1.7.2019
Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive...
Goldman Sachs ‘Looking at Potential’ of Creating Virtual Currency, CEO Reveals
28.6.2019
Goldman Sachs is performing “extensive research” on tokenization, chief executive David Solomon has revealed