Bitcoin (BTC)

Ray Dalio is making many friends in the crypto community after sounding the alarm about the perilous conditions in the financial system. In a post entitled “The World Has Gone Mad and the System Is Broken,” the billionaire hedge fund manager outlines why something has to give amid unsustainable circumstances comprised of free money, government deficits,  underfunded pension and healthcare systems, and a rising wealth gap. Dalio mentions bitcoin zero times. But he strikes the right...

An Illinois man provides proof of his $500,000 in lottery winnings and claims he put half of them in bitcoin. Reddit roasts the man with crypto memes and says he made several crucial mistakes. Either way, his investment has already paid off with an almost 100% return. An Illinois man who won the lottery earlier this year has invested half of his winnings into bitcoin. The man who posted the score via Reddit confirmed on Monday that he had purchased roughly $178,000 worth of BTC back...

So, who is Satoshi Nakamoto? This is a question that has been on the minds of several cryptocurrency enthusiasts for many years, and it has proven to be the constant enigma.Has Satoshi Nakamoto Finally Emerged?Among the people claiming to be the mysterious creator of bitcoin is Australian tech developer Craig Wright, though his claims have often been frowned upon or dismissed by analysts and the public. Recently, Wright was sued by the brother of one of his deceased BTC developers who claimed...

Remember when bitcoin struck the $20,000 mark in December of 2017? Would you believe that it was probably a single entity or individual that made that happen?Bitcoin: Manipulated By a Single Person?This is the news being spewed out by a recent report, which states that the bitcoin price may have been manipulated over the course of 12 months – between March 2017 and March 2018 – by a single person. During this time, the market cap of bitcoin reached a whopping $326 billion, and about half of...

Binance’s CEO, Changpeng Zhao (CZ) believes bitcoin will hit $16,000 very “soon-ish.” A 4chan anonymous user who accurately predicted bitcoin’s trajectory earlier this year turned out to be wrong in October. CZ claims 1.4 billion people are behind bitcoin. Changpeng Zhao (CZ), the CEO of Binance, recently stated that 1.4 billion people are working on getting bitcoin to $16,000. And, this upswing is currently in the works. Putting a Price on Bitcoin The CEO of the largest...

BitcoinOn the daily chart, Bitcoin’s price was maintained by the support in the range of the 200MA which is forming around $9100. It’s fragile and it could lose altitude down to the $8600 area. Resistance in this range is at around $9600 and it seems stable. However, it should be accounted for the fact that the market is in a volatile period and it’s not advisable to hold Stop-Loss orders these days.EthereumAgainst the USD, ETH failed to break the resistance at $190 and the price was...

Photo: Wikimedia CommonsI have big hopes for Christine Lagarde following her appointment as the new head of the European Central Bank. And here’s why (Warning: libertarian crypto enthusiasts should look away now).A company I co-founded held Bitcoin in the now-infamous Mt. Gox exchange. You may remember that back in 2013-14 it was the world’s leading Bitcoin exchange handling over 70% of all transactions worldwide. But in February 2014 things went horribly wrong as Mt. Gox suspended trading...

Some think it’s interesting while others consider it spooky but regardless of whether or not there’s a general consensus, everyone agrees that there’s something interesting or fishy happening on Reddit.  A very ominous post published a few years ago has now been edited by an unknown user and edited that’s generally supposed to be impossible.Six years ago, a Redditor simply going by u/Luka_Magnotta, published on the Bitcoin subreddit r/Bitcoin, what is probably the most gloomy Bitcoin future...

Welche innovativen Geschäftsmodelle ermöglicht die Tokenisierung von Rechten und Gütern über die Blockchain? Wo liegen Effizienzgewinne für Unternehmen und Chancen für Privatanleger? Und wie lassen sich Kryptowährungen und Token als digitale Assets angemessen regulieren? Das waren nur einige der Fragen, zu denen sich die über 100 Teilnehmer der regulatorischen Konferenz „Finpulse“ der Börse Stuttgart austauschten. „Die Blockchain ermöglicht es, bestehende Finanzprodukte in die...

High school students in France will have an opportunity to gain basic knowledge of workings of blockchain and virtual currencies in the framework of their everyday studies.The French education ministry, Le Ministère de l’Éducation Nationale, is said to include Bitcoin and cryptocurrencies in the high school syllabus. Such a move is expected to help students understand the benefits of decentralized currency and its influence on mainstream financial systems.Bitcoin will be added to Economics...