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Nalezeno "War": 1410

Iran to Cut 4 Zeros From Its Currency Amid Chronic Inflation and US Sanctions


Iranian lawmakers have reportedly approved a plan to slash four zeros from the national currency, the rial, which has been falling sharply in value amid chronic inflation and the U.S. sanctions. The official currency will also be replaced. Economists are skeptical about how the changes will affect...

The Present-Day Money War: Is Bitcoin a Challenge For Real Money


Central bank’s nemesis? Not Exactly  This is a technological age where the world engages in commerce sans a central authority. This could be an argument against central banks in favor of Bitcoins. A few more pointers: Decentralized currency gives people complete control over their funds, eliminates...

Bitcoin Price Models Go to War (Again) as Rainbow Champion Decries S2F


Source: Adobe/Наталья Самбулова The crypto community has once again been drawn into a heated online discussion about which price model – if any – most accurately predicts movements in bitcoin (BTC) prices. An asset manager has sparked the latest debate by championing the so-called rainbow chart...

JPMorgan, Bank of America, Deutsche Bank Predict Major Recession


Big banks are predicting a major recession, the deepest one in the post-war era. JPMorgan Chase CEO Jamie Dimon said his bank cannot be immune to the resulting financial stress while Bank of America expects the U.S. economy to “collapse” and Deutsche Bank has forecasted a severe global...

Free Market Think Tank FEE Now Accepts Bitcoin Cash Donations


The oldest free market think tank in the United States, the Foundation for Economic Education (FEE) has announced the 501(c)3 educational foundation now accepts bitcoin cash (BCH) for donations. The libertarian organization promotes sound economic theory, publishes books and articles regularly...

Liquid Gold vs Digital Gold: Why Bitcoin Beats Oil in the Current Climate


Extreme volatility. Sudden loss of value. A purported store of value. An economic hedge. An alternative to gold. On the face of it, bitcoin and oil have a lot in common. Both markets have been buffeted by the covid-19 economic downturn, but while bitcoin has stabilized, oil keeps plummeting. What...

Darknet Vendors Work Overtime as Police Halt Drug Arrests


The coronavirus is having a strange effect on the war on drugs. Narcotics activities that were deemed serious crimes only a week ago have been dropped by U.S. law enforcement, who have greater concerns now that cities are under effective lockdown. Meanwhile, darknet vendors are doing their best...

Bitcoin Rich: 6 Crypto Entrepreneurs Make the 2020 Hurun Billionaire List


On Wednesday, the “Hurun Global Rich List,” a ranking of the wealthiest individuals, published its 2020 report that notes the world saw 346 new billionaires last year. This year’s list also includes six blockchain entrepreneurs who made the Hurun Global Rich List through...

Don't Get Too Excited About Crypto Mom's ICO Plan, Lawyer Warns


Hester Peirce. Source: a video screenshot, Youtube, Blockland Solutions An audacious proposal from the American Securities and Exchanges Commission (SEC)’s so-called “crypto mom” Hester Peirce to end the nation’s initial coin offering (ICO) impasse could come to naught, warns a crypto...

Bitcoin Cash Sees Mining Pool Shift and Hashrate Surpass 4 Exahash


While people have watched the BTC network surpass 100 exahash per second (EH/s), Bitcoin Cash (BCH) has been steadily gathering hashrate as well. Since the November 15, 2018 blockchain split, which produced the Bitcoin SV (BSV) chain, BCH hashrate has jumped by more than 3x. Bitcoin cash is often...

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