Crypto has been with us for more than a decade now. The first years of that decade were the Dark Ages when the light of crypto shone on very few people, and the whole industry was pretty much obscure – not many knew about Bitcoin, what it was, what it did, why it was (and still is) needed, why should they have bought it. A Ponzi scheme, a pyramid, a scam, illegal – Bitcoin and crypto, in general, were slandered and kicked around, as sadly has been the case with every novelty...
Read More »El Salvador’s $1B Bitcoin Bond Offering Delayed: Will Wait for Favorable Market Conditions
Retail and institutional investors will have to wait further for the $1 billion Bitcoin Bonds as El Salvador has postponed its planned offering. Amidst geopolitical turmoil, the country’s Finance Minister Alejandro Zelaya said they would wait for favorable conditions in the financial market, and the hold-up be could be as late as September. Unfavorable Market Conditions The El Salvadorean central bank was previously scheduled to launch the long-awaited Bitcoin Bonds between...
Read More »Romance Scam Group Crypto Rom Has Gotten Much Bigger
Crypto Rom – an international digital currency scam ring – appears to have grown heavily over just the last year. The organization works by engaging in romance scams in which both iPhone and Android users are duped into thinking someone is interested in them after meeting on Tinder and other social media apps. From there, they are often tricked into giving the scammer cryptocurrency. Crypto Rom Has Expanded Quite a Bit Cybersecurity ring Sophos says that Crypto Rom is...
Read More »Bitcoin Stock-to-Flow (S2F) Model: What You Need to Know
The Stock-to-Flow (S2F) model has become a popular one within the cryptocurrency industry and is commonly used to speculate on Bitcoin’s possible future price. In this guide, we’ll explain in detail what S2F is, who created it, how it applies to different types of assets, and its pros and cons. Quick Navigation What is the Stock-to-Flow Model (S2F)? The S2F is a model that predicts an asset’s possible future price by quantifying its scarcity. This was originally applied to...
Read More »El Salvador Will Sell Debt to Build Its Bitcoin City
As a means of avoiding assistance from the International Monetary Fund (IMF), the Central American nation of El Salvador is looking to sell debt that’s fully backed by bitcoin. The IMF has already asked the country to avoid all bitcoin activity in the future, though El Salvador graciously responded by giving the global organization the finger, claiming on social media that it would never step away from crypto. El Salvador Will Sell Bitcoin-Backed Debt The bitcoin-backed...
Read More »Le Gouverneur de la Banque de France obtient le prestigieux Prix Tulipe
Le Prix Tulipe [1] a été attribué hier François Villeroy de Galhau pour un discours prononcé lundi lors d’un forum organisé par la BRI [2] : « [Le bitcoin] ne constitue pas […] une réserve de valeur, mais plutôt un actif spéculatif, qui s’apparente un peu aux bulbes de tulipes aux Pays-Bas au XVIIe siècle. » Le Gouverneur de la Banque de France rejoint ainsi la quarantaine de personnalités qui...
Read More »El Salvador Postpones Launch of Its $1 Billion Bitcoin Bond
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Read More »Ripple Price Analysis: Dips Remain Supported Near $0.8
Ripple price started a fresh increase above the $0.80 resistance zone against the US dollar. The price is now trading above $0.80 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.8050 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start another increase unless there is a clear move below the $0.8000 support zone. Ripple price is trading in a bullish zone above $0.8000 against...
Read More »UK’s ASA Issued Warnings Against Over 50 Crypto Companies, Including Coinbase
The Advertising Standard Authority (ASA) intensified its negative stance against crypto-related companies. It warned such entities not to encourage individuals to purchase digital assets with credit cards or swap their pensions for coins like bitcoin. The ASA’s Latest Warning The British authorities and financial regulators are known for their harsh stance against the cryptocurrency sector. Bank of England’s Governor Andrew Bailey, for example, argued that digital assets...
Read More »Canadian Internet Provider Oxio Says “Yes” to Crypto Payments
Oxio – an internet provider in Canada – has become the country’s first internet service company to accept bitcoin and cryptocurrencies as methods of payment. Oxio Says “Yes” to Crypto Oxio has partnered with Coinbase Commerce, a platform tied to the popular crypto exchange that allows merchants to accept digital currencies for goods and services. Marc-Andre Campagna – CEO and co-founder of Oxio – explained in a statement: As the first independent digital ISP in Canada,...
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