Eric Rosengren – the former president of the Federal Reserve Bank of Boston – stated in an interview that he is quite fond of the idea of a digital dollar. He thinks the United States would benefit greatly from using such a tool, and he’s convinced it will not get in the way of bitcoin’s path towards greatness. Eric Rosengren Thinks a Digital Dollar Could Work for the Country If only China could have such an attitude. One of the big reasons, analysts speculate, why China...
Read More »Sophos Discovers Scam Organization Looking to Steal Crypto from Online Daters
An international ring of scammers has its eyes set on crypto fans that are looking for love, according to Sophos cybersecurity researchers. The goal is to get them to give up control of their digital stashes, as well as their handsets. Sophos Discusses New “Crypto Rom” Scam The gang has been dubbed “Crypto Rom,” and according to Sophos, the organization has expanded from Asia into regions of both Europe and the United States. The structure of the scam works, in many...
Read More »Wild Pack Beverage Company Says “Yes” to Crypto Payments
Wild Pack Beverage Inc. has become the latest company to begin accepting bitcoin and crypto payments for products and services. Wild Pack Brings the Crypto Payment World Closer to Reality This has become a growing trend as of late. No doubt, the cryptocurrency space is becoming much stronger and heading deeper into mainstream territory as more and more view the asset space as something that is not only valid, but necessary. However, things didn’t start out on that path....
Read More »Jon Cunliffe Insists the Crypto Space Must Be Regulated
The Bank of England’s new deputy governor Jon Cunliffe is telling regulators to get to work quickly when it comes to the growing cryptocurrency space. Jon Cunliffe Says Regulation Is a Must Digital currencies were ultimately created to push credit cards, fiat, and checks to the side. Basically, anything that’s issued by a bank or traditional financial institution. The world of crypto is designed to ensure that all traders and users can have the one thing that standard...
Read More »The US Bests China as the World’s Biggest BTC Miner
Up to this point in time, China has always been the dominant country when it comes to mining bitcoin. Sadly, the region has done all it can to eliminate its standing in the industry, and now it looks like another nation – the United States – has opened itself up to become the world’s primary leader in the world of bitcoin mining. China Has Been Outdone By the U.S. China was – at one point – home to about 65 to 75 percent of the world’s crypto mining projects. It also is...
Read More »Jamie Dimon Really Doesn’t Like Bitcoin
Jamie Dimon – the chairman and CEO of JPMorgan Chase – has stated in a recent interview that he doesn’t care much for bitcoin, going so far as to call it “worthless.” Jamie Dimon Has a Negative BTC Attitude In the interview, he comments that he doesn’t think much of BTC, though his company is willing to offer bitcoin options given that there is an audience for them. He doesn’t want to serve as a regulator of any kind. Thus, he is not willing to simply push bitcoin to the...
Read More »United Masters Will Pay Its Musical Artists in Crypto
United Masters – a music distribution company – is allowing many of its clients and recording artists to get paid in digital currency. United Masters Is Pushing the Main Goal of Crypto Forward Those who participate will be able to choose which currencies they get paid in through Coinbase, one of the world’s leading digital currency trading platforms. They can also select which portion of their royalties are doled out in digital assets, granted they wish to still receive...
Read More »Bitcoin Fan Elon Musk Is the World’s Wealthiest Person
Bitcoin “bull” Elon Musk – the South African entrepreneur behind billion-dollar companies such as SpaceX and Tesla – is now the richest man in the world, with a net worth of approximately $222 billion according to the New York Post. Elon Musk Has the Most Money Second is Jeff Bezos, the CEO of Amazon, who at the time of writing, only has a net worth of around $191 billion. Musk couldn’t help but rub the news in Bezos’ face after the Amazon head posted the following...
Read More »Bitcoin Cash Analysis: Bulls Eye Break Above $650
Bitcoin cash price started a major increase above the $550 zone against the US Dollar. The price is now trading above the $600 zone and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $602 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating gains and it could eye more upsides above $635 and $650. Bitcoin cash price is showing positive signs above $600 against the US...
Read More »Compassion International Says “Yes” to Crypto Payments
Compassion International – a leading company platform in the field of child development and one of the biggest nonprofits in the United States – has partnered with Engiven, Inc. The purpose? To establish a system that will allow it to accept crypto donations in the future. Compassion International Gives a Greenlight to BTC Payments Engiven is a cryptocurrency donation platform, and it is working to bring the reality that was always designed for bitcoin and its digital...
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