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Ray Dalio Likes BTC, But He Likes Gold Even More

Billionaire investor Ray Dalio clearly has a soft spot in his heart for bitcoin, but when it comes to gold, it looks like that soft spot gets even bigger. In a recent interview, Dalio was quick to claim that bitcoin is like a digital version of gold, but he still values the real thing over its digital counterpart. Ray Dalio: Gold Is a Better Choice In the interview, Dalio explains jokingly: If you would put a gun to my head and you said, ‘I can only have one,’ I would...

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Brazil Launches Its First Eco-Friendly Bitcoin ETF (BITH11)

Brazil continues to make progress in creating new investment opportunities related to cryptocurrencies. This week, it launched a brand new Bitcoin ETF —with a green twist. Under ticker BITH11, the Hashdex Nasdaq Bitcoin Reference Price replicates the performance of the Nasdaq Bitcoin Reference Price Index. This would, in turn, be the second ETF available in Brazil offering 100% exposure to Bitcoin, competing against the QR CME CF Bitcoin Reference Rate or QBTC11 that was also...

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Twitter’s Jack Dorsey Describes the Term “Broker” in Ongoing US Crypto Tax Bill Controversy

The controversy surrounding the cryptocurrency taxation bill that might be passed in the United States has evoked a mixed reaction from crypto proponents. While the debate is still ongoing, Jack Dorsey, a popular Bitcoin advocate and CEO of the popular microblogging platform, Twitter, has recently shared his views on the matter. In a series of tweets today, Dorsey noted that it would be unreasonable to force these reporting rules as some firms may not have the capacity to...

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Ethereum Surges Following Upgrade Codenamed “London”

Ethereum is surging like crazy as of late. Many investors are piling into the world’s second-largest cryptocurrency by market cap and the primary competitor to bitcoin after its newly scheduled upgrade took place. The upgrade is simply going by the codename “London” at the time of writing. Ethereum Is Booming! Over the past day alone, Ethereum has surged by more than eight percent. It appears the currency’s rally is allegedly helping its fellow altcoins, such as BNB –...

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Bitcoin Long-Term Buy Indicator Just Flashed as BTC Faces Critical Resistance (Price Analysis)

BTC has continued to push up with impressive spot volume hitting an intraday high of $45.3k even during weekend trading. The cryptocurrency is now testing one of the most critical levels of resistance at the 200-day moving average. Successfully reclaiming this level will trigger a significant buy signal in technicals, likely encouraging large momentum traders and other market participants to enter the market, further adding to buying pressure in an already supply exhausted...

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PSG Fan Token Surged 50% Shortly After Messi’s Transfer Rumors

The Argentine professional footballer Lionel “Leo” Andrés Messi has left Barcelona after staying with the Spanish giant for over two decades. Now, rumors go wild where the living legend may end up, with PSG and its token feeling positive effects. Messi Departs From Barca Messi’s previous contract with Barca expired on June 30th, and the player had become a free agent for the club. Although both parties agreed to a five-year extension, the contract cannot take place due to La...

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More Than Half of Consumers Want to Buy Goods with Cryptocurrencies: Survey

A recent survey informed that nearly 60% of the participants are willing to employ digital assets as a payment method for goods and services. Furthermore, two-thirds entered the cryptocurrency market with plans to use the tokens for transactions. Payments: Crypto Better Than Credit Cards The interactive platform for financial services – PYMNTS.com – and the bitcoin service provider – BitPay – surveyed over 8,000 American consumers to determine how they feel about using...

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Bitcoin Suprasses $45K: Dogecoin Skyrockets 25% (Weekend Watch)

The weekend continues with impressive gains for bitcoin as the asset spiked above another coveted price line by reclaiming $45,000. Most altcoins are also well in the green, led by a massive surge from Dogecoin of over 25% in a day. Bitcoin Breaks Above $45K The positive developments in terms of USD price continue in the cryptocurrency market. The largest asset, bitcoin, has been on a roll since mid-July when it dropped below $30,000. Since then, though, the bulls have kept...

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Bitcoin Mining: USA setzt auf Öko-Strom

EventHorizon 2019: 1.000 Teilnehmer aus 55 Ländern trafen sich im Kraftwerk Berlin zum Thema Bitcoin, Blockchain und Energie Wirtschaft. Die USA im Mining-Fieber – neues Zentrum für Krypto-Akteure? Nordamerika, präzise gesagt die USA und Kanada, konnten in den letzten Monaten einen rapide steigenden Anteil an der globalen Hashrate verzeichnen. Die USA steuern einen Anteil von...

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A New Crypto Scam Is Reportedly Appearing on Google

Online search giant Google is being criticized for its alleged lack of action against a bitcoin scam that takes on the form of a legitimate published newspaper article. Google Crypto Scams Are Becoming Too Prevalent The scam looks like a piece published by British media platform The Daily Mirror. The piece includes an interview with a person that is alleged to be Britain’s youngest millionaire, who reportedly earned all his money through crypto investments. The headline...

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