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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...

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....

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...

Microsoft’s Ion Launches on Bitcoin Blockchain


Microsoft is launching a decentralized infrastructure implementation, called Ion, on Bitcoin Blockchain. It would be the first major tech company to do so. Ion is an open source project that takes care of how companies and apps converse with each other. It is a world of so many interlinked networks...

Markets Update: Crypto Prices Continue to Gather Bullish Momentum


Digital asset markets have been surging over the last 24 hours as the market valuation of the entire cryptoconomy has gained over $20 billion. Moreover, global trade volume has been significant, crossing $85 billion worth of coins swapped in the last day. Also read: Bitcoin’s Software...

Whole Foods and Major Retailers Now Accept Cryptocurrency via the Spedn App


On May 13, cryptocurrency enthusiasts were pleased to hear that major retailers including Whole Foods, Lowes, Petco, Regal Cinemas, and Gamestop will accept payments in crypto. The payments will be processed by Flexa using its custodial wallet called ‘Spedn’ which gives people...

Bitcoin Will Reach $400K In a Decade, Predicts the Founder of Morgan Creek


Ever since the start of the year, Bitcoin has been experiencing considerable gains. That, in a definitive way, seems to provide enough ground for experts to make fascinating predictions involving the globally popular digital currency. One such prediction has been made by Mark Yusko, the CEO, Chief...

His Anonymity Makes Satoshi Nakamoto A Hero For The Cryptocurrency Space


Satoshi Nakamoto has been as mysterious as life itself. The individual or group who created the biggest asset of 21st Century, the Bitcoin, was quite selfless and big-hearted to go in total anonymity to save it. Bitcoin is to Nakamoto what The Last Supper is to Leonardo da Vinci, Theory...

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