The correlation between Bitcoin and stocks may be decoupling. And the original cryptocurrency might be working as advertised as an inflation hedge. With inflation soaring, BTC is tracking more like spot gold than US stocks. At the 30-day view Sunday, the bitcoin price was down 3.11% for the period at UTC 17:30. Stocks, on the other hand, were facing much steeper losses for the month. The S&P 500 Index was down 6.7% for the 30-day period. High-tech sector losses for the...
Read More »BSV Network Suffers Empty-Block Mining Attack
Bitcoin SV is getting bogged down after a majority hash power began mining blocks that don’t include any transactions. In response to the event, the Bitcoin Association has contacted all relevant exchanges to freeze the block rewards associated with the attack. Explaining the Empty Block Attack As told by Todd Price – Curriculum Specialist for the Bitcoin Association – most Bitcoin SV blocks currently don’t include any transactions. By contrast, the network’s mempool –...
Read More »Is the Fed Bitcoin’s Worst Enemy Right Now?
In late September, the Fed made the decision to hike rates once again. Joe Biden and the democrats in office have contributed greatly to inflation and other problems due to their lackluster and outright failing economic policies, and the Fed has consistently been forced into a position of pushing rates more north as a means of fighting the problems being caused by this administration. The Fed Has Hiked Rates and Bitcoin Suffered Whenever this happens, the price of...
Read More »La startup camerounaise Ejara enregistrée en tant que PSAN
Fondée par Nelly Chatue-Diop, la startup camerounaise Ejara est désormais enregistrée en France en tant que Prestataire de Services sur Actifs Numériques (PSAN) auprès de l’AMF* pour la conservation d’actifs numériques, l’achat/vente d’actifs numériques contre monnaie ayant cours légal et l’échange d’actifs numériques contre d’autres actifs numériques. Via son application Android et iOS, la plateforme permet d’acheter (notamment contre...
Read More »Jamie Dimon Expresses More Hate for BTC
Jamie Dimon – the head of JPMorgan Chase – has often spoken ill of bitcoin, so we already know he’s not a major cryptocurrency fan. However, in a recent interview, he offered even harsher words about the world’s number one digital currency by market cap, going so far as to say it was a Ponzi scheme and saying it was “dangerous” for investors. Jamie Dimon Shows More Anger Towards BTC The bitcoin and cryptocurrency spaces have fallen into serious problems over the past...
Read More »What is Filecoin?
Deeper Dive into Filecoin (FIL) Filecoin is a decentralized storage and distribution network. It connects customers and data storage providers from around the world to aim to achieve an efficient and robust marketplace for data storage needs. There are two verifiable markets: the Storage Market and the Retrieval Market. The Storage Market allows clients to pay storage miners to store data. The Retrieval Market allows clients to retrieve data by...
Read More »Bitcoin Miner Digihost Issued Delisting Warning by Nasdaq after Trading below $1 for 30 Consecutive Days
Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.
Read More »Bruno Le Maire annonce un rapport sur l’impact environnemental des « crypto-actifs »
Dans une interview publiée aujourd’hui sur bfmtv.com, le Ministre de l’Économie (des Finances et de la Souveraineté industrielle et numérique) a annoncé qu’un rapport sur l’impact environnemental des « crypto-actifs » était en préparation et que l’ensemble des acteurs concernés seront consultés. « Le numérique peut être un levier majeur de la transition environnementale, en ce qu’il permet, par...
Read More »Grayscale’s GBTC Climbs New Record of 36.7% Discount
It has been a dull weekend for Bitcoin struggling to clear the $20,000 resistance zone. Further indicating a potential case of dwindling institutional interest in the flagship cryptocurrency is the Grayscale Bitcoin Trust (GBTC) discount registering a new record high. It was currently trading at a 36.7% discount against BTC spot prices, setting the largest discount in the history of the Bitcoin fund. The increased figures could also signal that players are looking at other...
Read More »Analyst Dan Dolev Says Block Shouldn’t Concentrate on BTC
Block Inc. – the parent company of Square – is a company run by former Twitter CEO Jack Dorsey. As a payment processor, the company has been focusing heavily on bitcoin in recent years given how much Dorsey has become a fan of the world’s number one digital currency by market cap. However, according to analyst Dan Dolev who works with Block, the firm is suffering heavily due to this newfound love of BTC, and he says it could ultimately be brought down from its present...
Read More »