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EU Leaders Approve $2.1 Trillion Budget, US Lawmakers Expect Another Round of Covid-19 Relief Money
23.7.2020
The world’s bureaucrats have been on a money creation spree and on July 21, the European Union approved an unprecedented $2.1 trillion coronavirus relief budget. Additionally, American leaders are in the midst of approving a new stimulus relief act amid July’s unemployment extension...
As Spot Gold Surges Higher, Tether’s Gold Token Lags Behind
23.7.2020
While gold-backed crypto tokens are being touted as an alternative to USD-pegged stablecoins, a previous price premium on these tokens has now turned into more of a mixed picture as one popular token leads, while other lags behind the soaring traditional spot gold price.
At the time of writing...
Market Wrap: Bitcoin Fails to Stay Above $9,400 While Dai Supply Skyrockets
22.7.2020
Low volume and volatility continue to plague the bitcoin market but the supply of dai soars
Bitcoiners Are Not Looking for a Store of Value, Gold Bug Adam Schiff Says
21.7.2020
Although Bitcoin holders often describe the asset as a store of value, gold advocate Peter Schiff said such participants do not actually seek wealth storage, hunting instead for profit
Amir Taaki Knocks Bitcoin Coinjoin Schemes – Calls Methods ‘Absolute Garbage’
21.7.2020
On July 17, the well known Dark Wallet creator and early Bitcoin developer, Amir Taaki, criticized bitcoin privacy methods on Twitter. Taaki claimed that UTXO mixing concepts like Coinjoin were “absolute garbage.” Taaki also knocked other concepts like Mimblewimble and privacy-centric...
Getting Out of Cash Is Key to Wealth and Inflation Protection, Pompliano Says
18.7.2020
Describing the current economic state, including pending inflation, Anthony Pompliano noted exiting cash into other assets as the key to wealth
Blockchain Spreads Its Vines to Root Out Counterfeit Wines and Spirits
18.7.2020
When it comes to counterfeiting booze, wine is an easy target. Fortunately, blockchain makes a particularly good pairing with the wine market
Peter Schiff’s Bitcoin Hack Comment Invites Ridicule
16.7.2020
Euro Pacific Capital CEO, Peter Schiff’s comment suggesting Bitcoin might be the next target following a hack of multiple VIP Twitter accounts has been ridiculed by bitcoiners. Seemingly relishing the prospect of a bitcoin hack, Schiff a gold bug and a well-known bitcoin critic, signs off...
Bitcoin Cash Is the Only Fork Underperforming Bitcoin This Year
16.7.2020
Bitcoin cash has underperformed bitcoin by 18 percentage points this year while other forks have outperformed by at least 44 percentage points
Abra CEO Agrees With Bitcoin's Role as Digital Gold
16.7.2020
Abra CEO and founder Bill Barhydt said he sees Bitcoin as a store of value, increasingly distancing itself from mainstream market price correlation
Gold Bug Peter Schiff: 'Is the Twitter Hack a Harbinger for Bitcoin?'
16.7.2020
Pavel Luptak — co-founder of Czech cryptocurrency community hub Parallel Polis — says Schiff’s suggestion has no foundations in reality
Survey: 60% of Bitcoin Investors Will Die With Their BTC If Price Stays Below $10,000
15.7.2020
About 60% of bitcoin investors are willing to hold their coins until they die if the price fails to breach the key $10,000 level. Now that’s according to a Twitter poll by Peter Schiff. The gold-bug asked bitcoin ‘hodlers’: “How much longer does the price of #Bitcoin have...
Gold Bug Peter Schiff Learns Bitcoin Holders Won’t Sell at Any Price
14.7.2020
Almost 60% of 13,000 people say they will “hodl” Bitcoin to the grave if the BTC price fails to trade above $10,000
Rich Dad Poor Dad Author: ‘Gold Guys are Being Phased Out’
14.7.2020
Best-selling author Robert Kiyosaki says he still invests in gold, silver, and Bitcoin because he doesn’t trust the US government
Christophe Cieters: Monopoly Money
12.7.2020
As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. Market exchange rates of the coins were...
Attempted 51% Attack on Bitcoin Gold Was Thwarted, Developers Say
11.7.2020
A 51% attack on Bitcoin Gold was unsuccessful
Bitcoin’s Correlation With Gold Is Weakening, Says New Kraken Report
10.7.2020
A drop in Bitcoin trading resulted in a six-month low of Bitcoin’s annualized volatility
Bitcoin Bull Mike Novogratz Says to Hold More Gold Than Bitcoin
10.7.2020
The billionaire investor Michael Novogratz recently detailed in an interview that he thinks global investors should hold more gold in their portfolios and own less bitcoin. Novogratz’s statements follow his recent advice last month when he said investors should “watch gold...
Switching Bitcoin to 100% ASIC Mining Could Increase Security 2000X
10.7.2020
ASIC miners are the best option for Bitcoin network security well into the future, new research has found
US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises
9.7.2020
The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “Death Cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. Meanwhile, confidence in gold has been rising. Investors Losing...