Bitcoin isn’t for everyone, but Jean-Claude Trichet – the European Central Bank’s former president – appears to have a serious aversion towards the cryptocurrency.Trichet: BTC Is Not a CurrencyAt a recent summit, Trichet took a nasty stab at bitcoin, saying that it wasn’t even a currency and that crypto would not amount to much in the future. He said:I am strongly against bitcoin, and I think we are a little complacent. The [crypto]currency itself is not real, with the characteristics that a...
Read More »#746 Krypto Paradies Schweiz, Tunesien e-Dinar & Meatec.io Antminer S9 Gewinnspiel
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 746. Heute geht’s um folgende Themen: Neue Krypto Partnerschaft in der Schweiz, Tunesien gibt eigene digitale Währung auf Blockchain aus & Meatec.io Antminer S9 Gewinnspiel. [embedded content] 1.) Neue Krypto-Partnerschaft! Wird die Schweiz endgültig zum Bitcoin-Paradies?https://coin-update.de/neue-krypto-partnerschaft-wird-die-schweiz-endgueltig-zum-bitcoin-paradies/ 2.) Tunesien gibt eigene digitale Währung auf Blockchain...
Read More »Stable Currencies Company Coin Shares Releasing New Gold-Supported Token
Stable currencies are all the rage as of late. However, most are allegedly backed by fiat money such as the U.S. dollar, the euro, the yen and the yuan. Less often do we encounter coins backed by precious metals or similar commodities, and Coin Shares Group is looking to change that.Stable Currencies Are Growing in PopularityBased in London, Coin Shares is a company that specializes in stable coins. The company has recently released a new product its dubbing DGLD, which is a form of gold...
Read More »Bitcoin Unexpectedly Drops to $8,000 Range
At press time, bitcoin has taken something of a nosedive and is now trading for a measly $8,800.Bitcoin Drops AgainWhile the price isn’t nearly as bad as it could have been, the currency has fallen below the $9,000 line, which is where it’s been for nearly two weeks. Things ultimately took a nasty turn for bitcoin and cryptocurrencies in general in late September when Bakkt – the institutional crypto trading platform owned by the Intercontinental Exchange (ICE) – debuted to rather lackluster...
Read More »New York Man Faces 20 Years for Crypto Scam
It seems like scams will never dissipate from the cryptocurrency space.Scams: They’re More Prominent Than EverA man in New York has been arrested and charged with running a fraudulent cryptocurrency operation. 47-year-old Asa Saint Clair claimed that his project was tied to the United Nations (UN) through an international sports development program.This should have been the first big “no-no” for investors thinking about the operation. What on Earth does the United Nations have to do with...
Read More »Bitfinex: We’re Not Behind Any Bitcoin Manipulation
Not long ago, it was reported that a user of the cryptocurrency trading platform Bitfinex was responsible for the manipulation that ultimately caused bitcoin to reach the $20,000 mark in December of 2017. However, the company is now rejecting this report, saying that it was built on false evidence and a “house of cards.”Bitfinex: The Report Is Not TrueThe report was co-authored by John Griffin, a University of Texas finance professor who issued a separate report last year first making claims...
Read More »It’s Official: Bitcoin Mining Now Legal in China
Bitcoin mining in China is no longer in the line of fire.Bitcoin Mining Is A-OKFollowing several years of going back and forth on the subject, regulators within China’s borders have finally decided that bitcoin mining should be allowed to continue without interference from the government. The country had long considered banning the process of extracting new bitcoins as a means of protecting the environment, though now it appears those fears have subsided.The bulls are seeing this as a huge...
Read More »#745 Bitcoin ist gefangen, FBI glaubt Kryptowährungen sind Problem & Neulinge kaufen vermehrt Bitcoin
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 745. Heute geht’s um folgende Themen: Bitcoin Kurs zwischen $8.000 und $12.000 gefangen, FBI glaubt Kryptowährungen sind ein Problem & Bitcoin Käufe bei Neulingen hat sich verdoppelt. [embedded content] 1.) Bloomberg Analyst: Bitcoin Kurs zwischen $8.000 und $12.000 gefangenhttps://coincierge.de/2019/bloomberg-analyst-bitcoin-kurs-zwischen-8-000-und-12-000-gefangen/ 2.) FBI glaubt Kryptowährungen sind ein Problem welches immer...
Read More »David Marcus Suggests Bitcoin Isn’t a Currency; Compares It to Gold
David Marcus – the head of Facebook’s blockchain division – had some unusual things to say about bitcoin.Marcus: BTC Isn’t a CurrencyIn a recent interview with CNBC, the Facebook boss explained that he didn’t think BTC was a currency, and instead claims it has similarities with precious metals which cannot necessarily be used to purchase items but are a great store of value.In the interview, Marcus explains:I don’t think of bitcoin as a currency. It’s not a great medium of exchange because of...
Read More »#744 Nur 1 Prozent der Kryptos werden überleben, Elixxir Blockchain Messenger & K.im IEO abgesagt
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 744. Heute geht’s um folgende Themen: 99% Prozent aller Kryptowährungen werden scheitern, Elixxir veröffentlicht Blockchain Messenger, Bitfinex Kim DotCom IEO K.im abgesagt. [embedded content] 1.) Ripple CEO Garlinghouse: 99% Prozent aller Kryptowährungen werden scheiternhttps://cryptomonday.de/ripple-ceo-garlinghouse-99-prozent-aller-kryptowaehrungen-werden-scheitern/ 2.) Elixxir veröffentlicht Messenger, der Metadaten...
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