Many people still don’t think a bitcoin exchange-traded fund (ETF) is possible in 2020.An ETF Probably Still Won’t Happen, Survey Takers SayThe subject of a bitcoin-based ETF has been the cause of much controversy in the United States. The Securities and Exchange Commission (SEC) has been wary of such products and has commented that it doesn’t want to approve one until it has clear and direct evidence that the crypto industry is no longer subject to volatility and the same market manipulation...
Read More »Report: Bitcoin Is Becoming More Centralized
Is bitcoin losing its way? According to Bloomberg, the network of bitcoin (BTC) – the world’s biggest cryptocurrency by market cap – is more centralized than ever.Is Bitcoin Becoming the Opposite of What It Was?One of the big problems that we continually see with various cryptocurrency blockchains is that they will often sacrifice security or decentralization for things like speed. While fast transactions are always nice, one needs to wonder if speed is worth it if it means putting people’s...
Read More »Apple’s Sales of 1 Million iPhones Are Slown Down by Coronavirus, Stores Closed in China
The Coronavirus has slowed sales of Apple‘s iPhones. Reports indicate that the technology giant decided to shut down its stores in China. This comes as the coronavirus has spread all over China and entered several other countries. Analysts have speculated that this decision amid the coronavirus could lead to a sales slowdown of up to 1 million iPhones. However, this accounts for only around 3% of Apple’s total annual Chinese iPhone sales. Analysts have speculated that this won’t affect the...
Read More »Bitcoin Price Has the Best January in 7 Years as BTC Halving Is Getting Closer
Bitcoin price has risen to new monthly highs. The price made a historic jump in January. It has risen about 10% this week alone and about 30% since December. Recent data points to the Bitcoin price rise to current levels from $7,208 at the end of 2019. Now the coin is trading around $9,395. This coincides with a similar rally in January 2013. Bitcoin prices rose by 54.5% then. A pattern for Bitcoin prices may be emerging. Based on past performances of the digital asset, prices may be set for...
Read More »Brexit Is Done: Boris Johnson Wants ‘Canada Model’ for UK-EU Trade, But Is It Possible?
Brexit could “unleash the full potential” of the United Kingdom, though there will be “bumps in the road”, said the UK Prime Minister Boris Johnson in his first speech since Britain formally left the European Union. In his next speech that regards a trade deal with the bloc and other countries, Johnson will probably mention that he is ready to cut all the talks with the EU regarding the trade in case he doesn’t get it his way. He already set Australia as a successful example of a country that...
Read More »Top 5 Cryptocurrencies to Follow in 2020
The total number of cryptocurrencies crawling all over the crypto space is now no less than a thousand. And more cryptocurrencies are rising by the minute.A little more than a decade since the first digital currency and we’ve had cryptocurrencies that failed their hyped potential and other ones that surprised us. In this article, we will be listing the top five cryptocurrencies you are better off paying attention to at the start of a new decade.We will touch on the past history, performance,...
Read More »Block.one Issues SEC Presentation and Reveals Voice Platform Updates
According to the post by Block.one, company representatives attended the government buildings to discuss the future of Voice. Per the announcement:“In December of 2019, we sat down with the U.S. Securities and Exchange Commission in Washington D.C. to discuss our vision and plans for Voice: what it is, what we are trying to achieve, and how the tokens will work.”The company states that it has no right to publish all the related information. However, they will take all the necessary steps...
Read More »Twitter’s Bitcoin Emoji Excites Crypto Community
Twitter’s Bitcoin emoji has been introduced. This has generated lots of excitement within the crypto space. Twitter’s cryptocurrency community has been on fire as the Bitcoin symbol has been trending. However, it could have been rather expectable. Twitter’s CEO Jack Dorsey has been known to be a Bitcoin fan for many years now. His recent tweet has got a lot of positive feedbacks.#bitcoin cc:@unicode— jack ??? (@jack) February 2, 2020The Bitcoin symbol was approved as a Unicode symbol in 2017....
Read More »China Coronavirus Fears May Be Inspiring BTC Purchases
China is going crazy when it comes to bitcoin… bitcoin and gold.China BTC Action Is Booming for Sad ReasonsBoth assets make sense considering they are likely considered “safe havens” in that country and abroad. Both are known for retaining one’s wealth, especially in times of economic strife or some other global catastrophe.Right now, the catastrophe that China is facing is the new coronavirus that’s spreading through its provinces. Thus far, more than 200 people have died from the disease,...
Read More »Elon Musk and Tesla Are Seriously Outperforming Bitcoin
Nobody can deny that bitcoin is doing quite well as of late, but in many ways, it still suffers at the hands of traditional stocks, one being that of Tesla owned by South African entrepreneur Elon Musk.Musk Has Power of BTCTesla stock is up by more than 30 percent, and BTC is hurting at the hands of this stock and others like it. Bitcoin was only bullish during the later period of October 2019 during the past six months, and even then, the spikes did not last. All other months were devoted to...
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