The prominent economist – Steve Hanke – once again revealed his negative stance on bitcoin. According to him, the primary cryptocurrency is highly volatile, uncertain, and has a “fundamental value of zero.” Is BTC Really ‘Snake Oil?’ Steve Hanke – Professor of Applied Economics at the John Hopkins University – took it to Twitter to warn investors to stay away from bitcoin. The 78-year-old American – who is a well-known cryptocurrency critic – does not see the leading digital...
Read More »Lawmakers Pressure Gary Gensler to Establish New Crypto Rules
Gary Gensler and the Securities and Exchange Commission (SEC) are really feeling the heat when it comes to developing new regulations surrounding the bitcoin and blockchain spaces. The agency is now working “overtime” as CNBC puts it to establish a new set of crypto-related rules designed to pause volatility and potentially keep traders (and their money) safe. Gary Gensler Is Now Under the Gun Gensler has commented in a recent statement that while he wants the space to...
Read More »Citibank Report: Crypto Is Redefining The Entire Payment Ecosystem
Cryptocurrencies are redefining the entire payment infrastructure, says a new report from multinational Citibank. It added that digital assets have expanded from being merely an “internet novelty” to becoming a two-trillion-dollar market. What Can Organizations Do to Embrace Crypto? The report offers a blueprint for organizations considering adopting cryptocurrency payments or simply investing in such assets as a store of value, outlining three key aspects they should...
Read More »El Salvador Is Still Experiencing Digital Wallet Issues
El Salvador is reporting that more than half a million residents are using the new Chivo wallet system, which is designed to assist in the country’s rollout of bitcoin as an official legal tender. El Salvador Doesn’t Have Much to Brag About This would be fine and dandy except for one thing… El Salvador has more than 6.5 million residents. Thus, many individuals are either still not trusting bitcoin enough to use the wallet, or there are too many problems with the...
Read More »Altcoins Are Spiking Like Mad, and This Has Analysts Worried
As altcoins spike heavily in recent weeks, many analysts and crypto heads are worried that the digital currency space is heading into dangerous territory similar with what it saw last May. Altcoins Are All the Rage Right Now About four months ago, the digital currency arena saw many assets spiking unexpectedly. Bitcoin, for example, had just reached a new all-time high of approximately $64,000 per unit, while Ethereum also hit a new peak of about $4,000. Many altcoins...
Read More »Replay : « Bitcoin, ou comment monétiser les surplus d’énergie »
Quatrième vidéo de la conférence Surfin’Bitcoin qui s’est déroulée les 26 et août au Casino de Biarritz. Conférencier : Pierre Noizat, cofondateur de Paymium. « Les arguments anti-bitcoin ne manquent pas, mais s’il y en a bien un qui se partage joyeusement parmi les plus septiques, c’est sa consommation élevée d’électricité. Pierre Noizat, co-fondateur de Paymium et fin connaisseur du sujet de l’énergie, ne mâche pas ses mots quant à ces ignares en matière de physique....
Read More »Bitcoin Market Drops 9% amid General Decline in Equities Market
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Read More »Découvre Bitcoin : Entretien avec Ludovic Lars
« Voici une interview exclusive avec Ludovic Lars, spécialiste Bitcoin. Dans la vidéo, nous explorons les différentes surfaces d’attaques sur Bitcoin : la censure, la régulation, les mineurs et les nœuds. Peut-on encore détruire Bitcoin ? » Réalisation : Rogzy, animateur de la chaine Youtube Découvre Bitcoin et du site internet decouvrebitcoin.com. A suivre également sur Twitter, Facebook et Discord.
Read More »The Evergrande Debt Crisis in China and What It Could Mean for Bitcoin
The financial world is watching Evergrande and what’s going on in China closely, as this has been undoubtedly the headliner for the past couple of weeks. Today, global markets tumbled as Evergrande stock price lost another 10%, sending Bitcoin well into the red with a decrease of around 8% in the past 24 hours alone. But is the pain over? Evergrande – Chinese Real Estate Behemoth Sags Evergrande managed to become one of the leading companies in China when it comes to real...
Read More »Bitcoin Plunges on Global Stocks Crash, Where is The Next Critical Support? (BTC Price Analysis)
After a week of global stocks selling off and BTC managing to hold quite well, the pressure continues as SPX futures dropped sharply as fear and uncertainty regarding Evergrande’s $300B debt crisis remain. Investors need to be cautious as the SPX has broken a higher time frame structure, likely leading to increased volatility in the coming weeks. This will likely impact volatility in BTC as risk assets are highly correlated. Chart by TradingViewTechnical Support Tested – Key...
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