The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
US Senator Cynthia Lummis to Ensure Congress Understands…
Bitcoiner Cynthia Lummis has been elected to the U.S. Senate. She has revealed that one of her priorities is to explain to her colleagues in Congress about bitcoin being “a great store of value.” Cynthia…
First Mover: Vaccine Won’t Come Fast Enough to…
Bitcoin was higher, climbing back above $16,000 on Monday after dipping below the mark over the weekend. “Should we trade back above $16,490, then we expect to see the bulls take the market by the…
First Mover: Stimulus Seen (for Bitcoin) Since Moderna…
Bitcoin was higher, climbing back above $16,000 on Monday after dipping below the mark over the weekend. “Should we trade back above $16,490, then we expect to see the bulls take the market by the…
New Push for Second Stimulus Checks: Analysts Predict…
Many Americans are in need of second stimulus checks and a new coronavirus relief package. As Congress resumes stimulus negotiations, President Trump has called for a “big and focused” stimulus bill now. Meanwhile, several analysts…
Printing $1.7 Trillion for Climate Change: How Joe…
In 2020, the U.S. Federal Reserve has injected an enormous amount of U.S. dollars to special interests in the banking sector in order to combat the economic effects stemming from the coronavirus outbreak. This week…
First Mover: What’s Next for Bitcoin as Wall…
Bitcoin was higher for a second day, staying in a range between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks. With the…
Fed calling for more stimulus is ‘code for…
The United States Federal Reserve is still unintentionally advertising Bitcoin, as Chair Jerome Powell argues for more money printing. In a tweet on Nov. 6, Tyler Winklevoss, co-founder of crypto exchange Gemini, said that Powell’s…
Fed calling for more stimulus is code for…
The United States Federal Reserve is still unintentionally advertising Bitcoin, as Chair Jerome Powell argues for more money printing. In a tweet on Nov. 6, Tyler Winklevoss, co-founder of exchange Gemini, said that Powell’s latest…
First Mover: Bitcoin Likes Biden (and Fed’s Powell)…
Bitcoin has now doubled its price in 2020, after surging early Thursday to above $14,900 for the first time since 2018. The cryptocurrency appeared to get a lift from the likeliest outcome of this week’s…
Bitcoiner Elected to US Senate: Cynthia Lummis Sees…
A bitcoin hodler has won a U.S. Senate seat. Cynthia Lummis is a bitcoin owner who bought her first bitcoin in 2013 because she believes in the economic power of scarcity and the potential for…
Bitcoin whales tread water and hodl despite recent…
The price of Bitcoin (BTC) is experiencing a volatile time. After achieving $14,100 for the first time since 2017, a sharp pullback followed. Yet, key on-chain data and whale clusters show that high-net-worth individual investors…
Bitcoin Deviates Further Away from Dow, S&P 500…
Bitcoin has wholly sidelined its widely-covered correlation with the US stock market. On Thursday, the benchmark cryptocurrency sustained its weekly gains as its price surged by more than 1 percent. The move briefly pushed the…
Bitcoin price rally to $12K is meaningless until…
On Tuesday Bitcoin (BTC) bulls mustered enough strength to push BTC price slightly above the $12K mark, a level not seen since Sept. 1. Cryptocurrency daily market performance snapshot. Source: Coin360The move occurred after Monday’s…
The US Risks Getting Left Behind on CBDCs
This week, as world leaders gather virtually for DC Fintech Week in Washington, D.C., a key focus will be on central banks issuing their own digital currencies (CBDC). A pivotal player here is the United…
Bitcoin Briefly Breaks $11.9K on Renewed US Stocks…
Bitcoin held onto its weekly gains as traders waited for US Congress to agree on the second coronavirus package on Tuesday. The benchmark cryptocurrency added $67, or 0.5 percent, to trade near $11,827 ahead of…
48-Hour Stimulus Deadline: US Lawmakers Race to Approve…
Amid the intense stimulus relief aid discussion, House Speaker Nancy Pelosi has set a deadline for the White House to come to an agreement on the next stimulus package which provides a second round of…
Bad for Bears? Bitcoin’s Trading Volume Has Crashed…
Bitcoin’s price action has been rather lackluster as of late, with bulls and bears reaching an impasse following its surge up to the mid-$11,000 region. Each dip is met with significant buying pressure, while each…
Spain Approves Bill Requiring Cryptocurrency Owners to Disclose…
Spain’s government has reportedly approved a bill that requires cryptocurrency owners to disclose their crypto holdings and any gains on their assets. Spain’s Finance Minister and the government’s spokesperson, Maria Jesus Montero, said at a…
Spain Approves Bill Requiring Cryptocurrency Owners to Disclose…
Spain’s government has reportedly approved a bill that requires cryptocurrency owners to disclose their crypto holdings and any gains on their assets. Spain’s Finance Minister and the government’s spokesperson, Maria Jesus Montero, said at a…
6 Stimulus Packages Have Been Proposed to Provide…
Six stimulus packages have been proposed to provide second stimulus checks for Americans. The latest proposal came from the White House on Friday. Several stimulus bills are being discussed as Americans hope to soon receive…
Bitcoin for Spain’s Congress: BTC Sent to 350…
Bitcoin has been sent to 350 deputies of the Spanish Congress as part of an educational initiative similar to the “Crypto for Congress” campaign that sent bitcoin to all Members of U.S. Congress. Bitcoin Sent…
Immediate $1,200 Stimulus Checks: Trump Calls on Congress…
Congress has been urged to pass a stand-alone stimulus bill to immediately provide Americans with second stimulus checks of $1,200 after talks of approving a larger stimulus package of $2.2 trillion have stalled. New Stimulus…
Crypto For Congress Puts “American-Made” Bitcoin Into The…
This week, the Chamber of Digital Commerce sent all 535 members of the United States Congress about 0.0047 BTC ($50 worth at the time), in an effort to educate the country’s legislators around cryptocurrency and…
First Mover: Bitcoin Steady as Trump Tweets and…
Chinese tech companies were once seen as copycats of their Western peers: Alibaba was a knockoff of eBay and Baidu imitated Google. More recently, Chinese firms like TikTok and Huawei have established such dominant international…
First Mover: Bitcoin Steady as Trump Tweets, and…
Chinese tech companies were once seen as copycats of their Western peers: Alibaba was a knockoff of eBay and Baidu imitated Google. More recently, Chinese firms like TikTok and Huawei have established such dominant international…
Crypto for Congress: Bitcoin Sent to All Congress…
The Crypto for Congress initiative has launched. All members of Congress will be given bitcoin as campaign contributions to help them learn about cryptocurrency. The initiative is supported by Congressional Blockchain Caucus members, including pro-crypto…
New Stimulus Checks: Barbara Corcoran Slams Mark Cuban’s…
Famous investor and “Shark Tank” star Barbara Corcoran has criticized Mark Cuban’s “use it or lose it” approach to the second round of stimulus checks for Americans. She also shares her thinking on what’s more…
Bitmex Charged With US Rules Violations — Owners…
Cryptocurrency derivatives trading platform Bitmex has been charged with illegally operating in the U.S. Concurrently, its executives, including CEO Arthur Hayes, have been charged with violations of the Bank Secrecy Act and are facing prison…
‘$2.6 Trillion’ Stimulus Bill With Second Direct Payments…
US lawmakers are intensely discussing a new stimulus package that could cost between $2.2 trillion and $2.6 trillion. The bill could be voted on this week as talks between House Speaker Nancy Pelosi and Treasury…
US Senate Candidate Is a Hodler, Sees Bitcoin…
US Senate candidate Cynthia Lummis is pro-bitcoin. She bought her first bitcoin during her time in Congress. Now she calls herself a hodler and sees the cryptocurrency as a viable alternative store of value to…
Bitcoin Could Hit New Yearly High on US…
Bitcoin could hit a new year-to-date (YTD) high, abetted in part by the risks surrounding the US presidential election. The analogy takes cues from a quarterly commodity outlook published by Citigroup. The American banking giant…
First Mover: Federal Reserve, Congress Play Game of…
It’s becoming clear just how hooked investors have become on dollars injected into the economy by the U.S. government and Federal Reserve. Just take a look at what happened on Wall Street this week as…
Price analysis 9/21: BTC, ETH, XRP, BCH, DOT,…
Legacy and crypto crypto markets saw a strong correction today as traders fear that the second round of economic stimulus might be delayed as the White House, Senate and Congress could become entangled in a…
HSBC stock hits 25-year low: 5 things to…
Bitcoin (BTC) starts a new week still looking for $11,000 support as macro markets wobble over coronavirus and banks’ criminal activities. Cointelegraph highlights five factors that could shape BTC price action in the coming days.…
First Mover: Bitcoin Investors the Sane Ones as…
One of the interesting things about cryptocurrency investors is that they really do look at the world very differently from many of their counterparts in traditional finance. The thinking goes something like this: The efforts of…
US Federal Court Rules NSA Mass Surveillance Illegal,…
A federal appeals court has ruled that the U.S. National Security Agency (NSA) mass surveillance program that collected data on billions of Americans’ telephone calls was illegal and possibly unconstitutional. The program was exposed by…
Expect market regulation ‘avalanche’ if Biden beats Trump…
Former Trump chief of staff Mick Mulvaney says a Joe Biden presidency would cause an “avalanche” of regulations. Some economists have also voiced concerns that the Biden administration would lead to a stock market pullback. …
Mr. Powell, If You Want Higher Inflation, Give…
Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates…
Fed Chair Powell’s Flexible Inflation Views Were Already…
Federal Reserve Chair Jerome Powell did not raise many eyebrows Thursday morning when he announced the U.S. central bank would encourage some periods of inflation above its 2% target in certain circumstances to boost the…
Do The IRS Crypto Tax Letters Violate Taxpayer…
This article originally appeared in our Weekly Bits newsletter. If you want our news and analysis before anyone else, make sure you subscribe now! Earlier this week, crypto tax preparation service CoinTracker shared news that its…
Central Bank Digital Currencies and Their Role in…
Central bank digital currencies are a digital representation of a country’s fiat currency. They are effectively a government-issued cryptocurrency designed to replace the traditional, physical form of fiat currencies. The term CBDC is broad because…
Blockchain Bites: Bitcoin’s Weary Bulls, ETC’s Action Plan,…
INX is gearing up for a landmark IPO, 1 billion tether jumped from Tron to Ethereum and a shift in bitcoin’s options market suggests bullish speculation is beginning to ease. You’re reading Blockchain Bites, the daily…
US Federal Reserve Reveals Building a Digital Dollar…
The U.S. central bank has been working on creating a digital dollar, according to a recently published transcript from Federal Reserve Board Governor Lael Brainard. On Thursday, she told participants attending “San Francisco’s Innovation Office…
First Mover: Bitcoin Hits $12K as Trump Orders…
Bitcoin climbed above $12,000 early Monday, before dipping once more, as traders weighed U.S. President Donald Trump’s move to provide emergency aid amid new signs that the labor market recovery is stalling. The oldest and largest…
US Congressmen Want IRS to Balance Taxation and…
A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this promising staking technology. The four…
Zephyr Teachout: Take Back the Economy From Economists
When I answer the phone, Zephyr Teachout quickly explains our call might be shorter than planned. Both she and I are at the whim of her two-year-old toddler, who is sleeping and could wake at…
Suspected Twitter Hacker Arrested in Florida
The FBI has arrested an individual allegedly behind the largest hack in Twitter’s history. Florida resident Graham Clark was arrested Friday morning, according to Florida news channel WFLA. State Attorney Andrew Warren filed 30 felony…
First Mover: Crypto Traders ‘Greedy’ as Goldman Warns…
During a turbulent year when cryptocurrencies have outperformed just about every other major investment category, traders in digital-asset markets are getting even greedier. Bitcoin, the oldest and largest cryptocurrency, sits at an 11-month high of…
China’s Supreme Court Recommends Increasing Crypto Property Rights…
The supreme court of China has recommended increasing the legal protection of property rights, including digital currency ownership rights. The recommendations also focus on solving issues such as “the use of public power to infringe…
Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s…
Close to a year ago last July, the U.S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes. Now according to the…
Christophe Cieters: Monopoly Money
As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of…
First Mover: Even Bank of America Acknowledges China…
China’s push to roll out a digital version of its yuan isn’t likely to end the U.S. dollar’s century-long reign as the dominant currency for international payments and central-bank reserves. But it could make a…
Bitcoin Is the Technology of Dissent That Secures…
The U.K. hearing of WikiLeaks founder Julian Assange’s U.S. extradition on the week of February 24, 2020, presented a test of Western liberal democracy. The indictment of Assange under the Espionage Act for publishing classified…
Market Wrap: Bitcoin Flat at $9.4K but Investors…
A languid Wednesday in traditional markets affected bitcoin as well although it’s been a steady six weeks where the world’s first cryptocurrency outperformed most traditional assets. Bitcoin (BTC) was trading around $9,265 as of 20:00…
Fed Chair Powell Warns of ‘Unsustainable’ Budget as…
In his testimony before the Senate banking committee, Federal Reserve Chairman Jerome Powell warned Congress that the U.S. federal budget has been on an unsustainable path for years. He added that the U.S. economy is…
US Financial Services Committee Hearing Discussed the Creation…
On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar.” A number of well known individuals participated including the former Chairman of the…
After Congress’ Digital Dollar Hearing, What’s Next?
Yesterday, during a remote session held at 12:00 PM EST, the United States Congress Financial Services Committee heard testimony from four “witnesses” on the creation of a digital dollar. These included Mehrsa Baradaran, a Professor…
2020 Libertarian Presidential Candidate Jo Jorgensen Talks Bitcoin,…
On June 8, news.Bitcoin.com chatted with the U.S. 2020 Libertarian candidate for president, Joanne Jorgensen. The Libertarian Party’s nominee for president is the party’s first female candidate and she is a firm believer in free…
Trump Predicts US Economy to Recover by 2021…
President Donald Trump has predicted that the US economy will recover by 2021, citing new jobs data released by the Labor Department which contains a “misclassification error.” Officials say the numbers are artificially low, and…
US Government Prediction: Economy Faces 10-Year Recovery, $8…
The U.S. Congressional Budget Office has projected that the coronavirus crisis will cost the U.S. economy about $8 trillion. Many factors play a part in shrinking the economy, such as business closures, social distancing measures,…
Meet the US Senate Candidate Who’s Invested in…
Cynthia Lummis was the U.S. Representative for Wyoming from 2009 to 2017, and is now running for U.S. Senate. A budget hawk and founding member of the Freedom Caucus, she first bought bitcoin in 2013…
China Passes Law Protecting Cryptocurrency Inheritance
China has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law. Meanwhile, several Chinese courts have…
Stablecoins Are the Bridge From Central Banks to…
Alexander Lipton is the CTO of Sila, a visiting professor and Dean’s Fellow at the Jerusalem Business School of the Hebrew University of Jerusalem, and a Connection Science Fellow at the Massachusetts Institute of Technology.…
First Mover: Bitcoin Could Get a Boost From…
Bitcoin prices are caught in a downdraft, after a series of rallies in recent weeks that repeatedly fizzled out at the $10,000 mark. “There is no clear understanding where bitcoin will go,” Yuriy Mazur, head…
Bitcoin.com’s Mining Video Censored: The Tale of Youtube’s…
During the last few years, the Google-owned Youtube platform has been accused of massive censorship and in the last three months, the video streaming business resembles the Ministry of Propaganda, more than an online video-sharing…
How the COVID-19 Crisis Revived the Digital Dollar…
Lawmakers have used the coronavirus crisis to revive the digital dollar debate. U.S. House and Senate bills proposed in March, which would allow individuals to hold checking accounts directly with the Federal Reserve, have renewed…
Iran to Cut 4 Zeros From Its Currency…
Iranian lawmakers have reportedly approved a plan to slash four zeros from the national currency, the rial, which has been falling sharply in value amid chronic inflation and the U.S. sanctions. The official currency will…
The Man Who Forecast a Currency Cold War
Many of the impacts of COVID-19 are easy to grasp. Every day we see the gutting news: the rising body count, the millions of unemployed, the makeshift morgues in public parks. We grieve for those…
Blockchain Bites: Bitfinex Sues, Miners Prepare, Congress Considers
Around the world, from the Middle East to Washington, D.C., Beltway, blockchain is proving its value. In the Middle East, citizens hampered by weak governments, unstable currencies and fraught political environments are turning to crypto…
Here’s Why Amazon’s 7% Plunge Today Could be…
The stock market’s striking correlation to Bitcoin throughout the past few months still appears to be holding strong, even despite Bitcoin’s intense rally seen over the past couple of days. It now appears that this…
Justin Amash Reveals Third-Party Presidential Bid: Pro-Bitcoin Libertarian…
U.S. President Donald Trump now has an unexpected challenger as the independent congressman from Michigan, Justin Amash, says he plans to run as a Libertarian candidate in the 2020 election. Besides John McAfee and Adam…
Market Outlook: Crypto Market Prices Rally Ahead of…
Cryptocurrency markets are bullish on April 29, as BTC prices have spiked over 11.8% in the last 24 hours touching a high of $8,740 per coin during Wednesday’s trading sessions. Bitcoin has gained 130% in…
$2K per Month for Every American: Andrew Yang…
While most of the U.S. remains on lockdown, a few states across the nation are starting to open up businesses and lift restrictions. Meanwhile, politicians on the left have been trying to push a universal…