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…
Christine Lagarde: ‘The European Central Bank Cannot Go…
In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses running into trillions. According to Lagarde,…
Bitcoin Drops to $16K: 3 Reasons the Retest…
The price of Bitcoin (BTC) declined to $16,000 across major exchanges after hitting $16,480 on November 14. Although the BTC price recorded a near 3% drop within 24 hours, the retest is healthy for the…
The Carbon Project Presale Opens to the Public
Bitcoiner Elected to US Senate: Cynthia Lummis Sees 'Great Promise' in Bitcoin A bitcoin hodler has won a U.S. Senate seat. Cynthia Lummis is a bitcoin owner who bought her first bitcoin in 2013 because…
Bitcoin burgernomics: This is how many Big Macs…
Measured in Big Macs, Bitcoin’s (BTC) purchasing power is approaching its highest level since the 2017 bull market, offering yet another indicator of the digital currency’s rapid appreciation. The global Bitcoin purchasing power index, or…
Price analysis 11/9: BTC, ETH, XRP, BCH, LINK,…
Professional traders are often perceived to be the smartest, as they weigh the risks before investing in an asset class. Opposite to that, most retail traders only keep an eye on the possible profits and…
$18K Bitcoin price, eh? BTC market cap may…
As Bitcoin (BTC) blasted through the $14,000 level its market capitalization surpassed the monetary base of the Russian ruble. This measure includes both physical currency and bank reserves, both of which are usually held by…
‘Dr Doom’ Nouriel Roubini Admits Bitcoin May Be…
Economist Nouriel Roubini, also known as “Dr. Doom,” has admitted that bitcoin may be a store of value. Roubini sees a “big revolution” coming in the next three years due to central banks launching their…
Blockchain Bites: Ripple’s MoneyGram Pump, OKEx’s Bitcoin Cash…
Ripple has invested over $50 million in remittance firm MoneyGram over the course of the firms’ working relationship. Forbes published an investigation detailing the byzantine corporate structure Binance may have created to avoid U.S. regulations.…
Economist: Bitcoin Could Be Setting Up for an…
Bitcoin is currently caught in an intense updraft that has allowed its price to gain some serious momentum throughout the past couple of weeks. This ongoing rally first began when news broke regarding Square purchasing…
A Look at the Fascist Agenda Behind the…
Less than two weeks ago, the International Monetary Fund (IMF) managing director called for a “new Bretton Woods moment.” Meanwhile, the IMF is not the only entity pushing for a “great reset,” as the World…
Money Reimagined: ‘They Starve’: The Ugly Side of…
At a 2015 blockchain event, Nairobi-based bitcoin pioneer Elizabeth Rossiello answered an audience question about the impact on Somalians of a recent shutdown in remittance inflows after the U.S. government had labeled the country a…
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…
US Elections, COVID, Zombies, & Bitcoin: Miko Matsumura…
With less than three weeks to go until the presidential election, all eyes are on the United States and on the country’s economy. Indeed, throughout this COVID-ridden year, the financial steps that the Federal Reserve…
US Elections, COVID, Zombies, & Bitcoin: Miko Matsumura…
With less than three weeks to go until the presidential election, all eyes are on the United States and on the country’s economy. Indeed, throughout this COVID-ridden year, the financial steps that the Federal Reserve…
Price analysis 10/19: BTC, ETH, XRP, BCH, BNB,…
Crypto market sentiment appears to be improving across the board and the global push to mainstream central bank digital currencies is also making headway. In China’s Shenzhen province about 2 million people had applied for…
The Great Financial Reset: IMF Managing Director Calls…
As the global economy shudders from the disastrous effects of central planning, the International Monetary Fund (IMF) managing director in Washington, DC, Kristalina Georgieva is calling for a “new Bretton Woods moment.” Georgieva spoke about…
Las Atlantis: A New Bitcoin-Friendly Online Casino
US Senate Candidate Is a Hodler, Sees Bitcoin as Alternative Store of Value to US Dollar US Senate candidate Cynthia Lummis is pro-bitcoin. She bought her first bitcoin during her time in Congress. Now she…
Yearn Finance Connect (YFIC) New DeFi Project Decentralized…
Tether's Stablecoin Dominance Drops Below 80% as Audit Controversy Lingers On The total volume of stablecoins in circulation is closing in on the $20 billion mark, while the market-leading coin, USDT's share of the total…
Bitcoin.com Exchange Acquires BOA Exchange To Reach New…
Tether's Stablecoin Dominance Drops Below 80% as Audit Controversy Lingers On The total volume of stablecoins in circulation is closing in on the $20 billion mark, while the market-leading coin, USDT's share of the total…
Trump Contracts COVID, BitMEX Founders Indicted: A Chaotic…
After a fairly uneventful news week, Friday has brought a few developments that are rather–shall we say, unexpected. Beyond the crypto world, United States President Donald Trump announced on Twitter this morning that he and…
American Economist Stephen Roach: ‘U.S. Dollar in the…
American economist and former chairman of Morgan Stanley Asia, Stephen Roach said on Sunday that he believes the U.S. dollar will “crash faster and harder.” Roach said similar statements during an interview back in June,…
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 Balances on Exchanges at 2-Year Low and…
The balance of bitcoin on major exchanges has hit its lowest levels since November 2018. Yet unlike that time, when bitcoin was in the depths of the crypto winter, some see this current spate of…
WTF happened in 1971 (and why the f**k…
If you’ve ventured on to Crypto Twitter this year, you may have seen a tweet from the meme account WTF Happened in 1971? Created in March, the account posts numerous times a week to its…
Is Bitcoin Headed for a Bull Run? BTC…
After dipping dangerously close to levels below $9,900 last week, Bitcoin appears to have regained a solid standing above $10k. And indeed, things are looking upward: a week ago, the price of Bitcoin sat around…
Is Bitcoin Headed for a Bull Run? BTC…
After dipping dangerously close to levels below $9,900 last week, Bitcoin appears to have regained a solid standing above $10k. And indeed, things are looking upward: a week ago, the price of Bitcoin sat around…
Blockchain Bites: Uniswap’s Token, Kraken’s Bank, Bitcoin’s Newbies
Uniswap issued a governance token, Kraken is the world’s first crypto bank and there are more “newbie” bitcoin investors than any time in the past two years. Top shelf Crypto’s bankKraken Financial, a newly formed division…
Unlimited QE and an Index Portfolio: How Fed…
In mid-August the U.S. stock market defied odds and mainstream media claimed after the Standard & Poor’s 500-stock index touched new heights on August 18, it ‘officially’ ended the “shortest bear market in history.” Interestingly…
Bitcoin is Worthless in Long-term, Says Veteran Stock…
Bitcoin may have rallied better than global stocks in 2020, but a veteran analyst still looks at the cryptocurrency as an asset without any value. James Royal, senior reporter for investing and wealth management at Bankrate…
Bitcoin market index back to ‘fear’ on 91st…
Bitcoin (BTC) may be testing $10,000 but further losses would not be unusual, says an asset manager on the 90th anniversary of the Wall St. Crash. In a tweet on Sep. 4, Raoul Pal said…
3 Reasons Bitcoin Just Tanked Below $11K for…
Bitcoin prices tumbled 6.2% Thursday, falling below $11,000 for the first time in a month. The price drop trimmed the largest cryptocurrency’s 2020 rally to 50% and sent digital-asset market traders and analysts scrambling to…
Prediction Markets’ Time Has Come, but They Aren’t…
This should be prediction markets’ moment to shine. In about 60 days, Americans will vote in a presidential election both sides consider pivotal for the country’s future amid a pandemic, civil unrest and the highest…
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…
Free Market Family: Goldbug Peter Schiff Asks the…
The American libertarian, economist and financial commentator Peter Schiff has been criticizing bitcoin for years, as he believes “bitcoin has no real value.” However, on Thursday Schiff asked the crypto community to give some bitcoin…
Tyler Winklevoss says US Fed is the ‘biggest…
Bitcoin (BTC) is getting most of its price support from the Federal Reserve itself, entrepreneur Tyler Winklevoss believes. In a tweet on Aug. 25, the Gemini exchange co-founder argued that Fed policy is and will…
Tether tops Paypal and Bitcoin for average daily…
The average daily transfer value for Tether has surpassed that of Bitcoin and PayPal according to recent research. A report by CoinMetrics has revealed that Tether’s 7-day average adjusted transfer value reached over $3.55 billion…
How Rising Bitcoin Fees May Have Prevented Post-Halving…
Bitcoin price has grown over 40% since the asset’s halving this past May. The market braced for the miner “death spiral” caused by the sudden doubling of the cost of producing each BTC, but it…
Blast From the Past: Bitcoin Following Black Thursday…
Bitcoin price has just today set a new high for 2020 and is showing no signs of slowing down. However, as greed reaches extreme levels and ROI is stacking across the board, could the cryptocurrency…
Chasing The Crypto Trend: Tron Attempts To Jump…
Tron founder and CEO Justin Sun was spotted on Twitter today, promoting a decentralized exchange for liquidity pooling akin to Uniswap and other DeFi platforms that have been booming recently. Is this yet another attempt…
Bitcoin’s Bull Run Is Here—And History Shows 20MA…
Bitcoin has broken out from downtrend resistance and appears to be poised for a new uptrend. Market conditions change dramatically when a switch from bear to bull occurs, and a “buy the dip” strategy is…
What Does The Dollar’s Do Or Die Moment…
The dollar has been on a steady decline since the pandemic first struck. Weakness in the global reserve currency has allowed gold, Bitcoin, and other assets to shine. However, either a major rebound is beginning,…
How Coinbase Bitcoin Collateral Loans Could Promote Long-Term…
It was recently revealed that Coinbase would soon introduce collateral-based loans taken out against Bitcoin holdings in exchange for instant cash. The product is a great move by the crypto exchange, allowing it to compete…
How JP Morgan’s Stock Strategy Could Translate To…
Following Bitcoin’s big breakout weeks ago, its never been easier to make money across the crypto market. The same is being said by JP Morgan analysts about the stock market, based on one key strategy.…
Bitcoin Fractal From May Warns Of Coming Crash,…
Bitcoin price only recently broke out from a tight trading range, causing a roaring rally by crypto bulls, pushing the asset to $12,000 per BTC. But even though sideways just ended, a fractal appearing on…
Economist: Early Days of Bitcoin Uptrend Are Here,…
Bitcoin price is on fire again, after spending three full months trading sideways. After busting through resistance at $10,000 and out of its downtrend, the asset quickly rocketed to over $12,000. Still, one economist says…
Bitcoin Price Briefly Crashes to $11.2K After US…
The price of Bitcoin (BTC) dropped to $11,219 on Bitstamp on Aug.7 after the U.S. stock market declined. BTC recovered quickly from the brief crash, stabilizing at above $11,600. The price of Bitcoin drops steeply…
Celebrating The History And Spirit Of Bitcoin Independence…
This article originally appeared in our Weekly Bits newsletter. If you want our news and analysis before anyone else, make sure you subscribe now! In my view, Bitcoin Independence Day is a holiday that says a…
Blockchain Bites: Square’s Revenue Surge, Eth 2’s Final…
Square’s bitcoin business is booming, lawmakers are batting for crypto staking protocols and a blockchain-based voting system in Russia may have been hacked. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in…
China Never Banned Bitcoin as Commodity, Beijing Arbitration…
The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas.…
Crypto Fear and Greed Index Turns to Extreme…
Some analysts renewed their expectations of a crypto bull run following Bitcoin’s 11% gains yesterday. Resistance at the $10.5k level has proven difficult to break, having been rejected there on several previous occasions. But yesterday’s…
This Key Metric Suggests Bitcoin‘s Rally is Just…
Bitcoin’s intense rally throughout the past couple of days has allowed it to fly past multiple crucial resistance levels. Bulls are now attempting to form the $11,000 price level into a strong base of support,…
Bitcoin Driven Higher by Accumulation Trend as Economist…
Bitcoin’s recent price action has been rather lackluster compared to that seen in months and years past. For many weeks, the cryptocurrency was caught within a $200 trading range between $9,100 and $9,300. It has…
EU Leaders Approve $2.1 Trillion Budget, US Lawmakers…
The world’s bureaucrats have been on a money creation spree and on July 21, the European Union approved an unprecedented $2.1 trillion coronavirus relief budget. Additionally, American leaders are in the midst of approving a…
PayPal’s move into crypto was inevitable, and more…
In a letter sent to the European Commission, PayPal confirmed that it is developing cryptocurrency capabilities. It has been widely speculated that PayPal and Venmo will roll out a feature involving direct sales of cryptocurrency…
Money Reimagined: This Isn’t Good for Bitcoin
No, blockchain does not fix this. By “this” I don’t mean centrally controlled databases that are vulnerable to attack, the problem highlighted by this week’s massive Twitter hack. I mean the meta problem of yet…
Market Update: Crypto Assets Slowly Gather Gains, Bitcoin…
Cryptocurrency market prices have improved a great deal since our last market update, as the overall market capitalization of all 5,700+ coins has gained $16 billion since June 14. Most of the top digital assets…
US in “Deep Trouble” As Outbreak Returns, Will…
The United States has barely begun to reopen its economy and it already experienced a resurgence of the pandemic. The last time cases spun out of control, it was Bitcoin and the stock market’s undoing.…
Economist Steve Hank Bashes Bitcoin, Says It’s Not…
Bitcoin is not a currency, but a speculative asset, veteran economist Steve Hank said on Tuesday. The Johns Hopkins University professor noted that cryptocurrencies like Bitcoin must be tied to commodities to qualify as a…
‘It Does Nothing’ — Buy Bitcoin, Don’t Protest,…
Bitcoin (BTC) is the only effective way for Americans to empower themselves and protests do not work, popular TV personality Max Keiser has said. In the latest edition of his RT show the Keiser Report…
Blackballed by PayPal, Scientific-Paper Pirate Takes Bitcoin Donations
A quiet rebellion against copyright is being waged on a single website by a freelance coder, using cryptocurrency where PayPal won’t do. Bitcoin as a censorship-free money has been used by outlaws of all sorts,…
These 3 Simple Factors Have Caused Traders to…
Bitcoin could be coiling up to make a massive bear-favoring movement in the days and weeks ahead. This weakness could mark a resolution to the multi-week trading range that it has been caught within, potentially…
Why Analysts Expect Bitcoin to Plummet to $7,700…
Bitcoin’s consolidation phase is showing few signs of letting up anytime soon. The benchmark crypto is still trading within the lower-$9,000 region, and the support just below its current price level appears to be significant.…
Dollar Crash Imminent, Former Morgan Stanley Chief Economist…
Stephen Roach, former chief economist at Morgan Stanley, has predicted that a dollar crash is coming, forecasting a 35% drop in the dollar’s value against other major currencies. He expects the U.S. national savings rate…
First Mover: Negative Rates or More Money Printing…
Whether or not the Federal Reserve eventually cuts interest rates to negative levels, it might be a case of heads: bitcoin wins, tails: bitcoin wins. So far this year, the Fed has created about $3…
First Mover: Bitcoin Bulls Might Get Negative Rates…
As Federal Reserve Chair Jerome Powell steers U.S. monetary policymakers away from negative interest rates, he risks becoming increasingly isolated among the world’s top central bankers. Officials in the U.K., Europe and New Zealand are reportedly considering…
You Say You Want a Revolution: What Blockchain…
“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” R. Buckminster Fuller The world is beset by wicked problems. Due to…
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…
Top Traders Debate Future of BTC After Bitcoin…
The price of Bitcoin (BTC) suddenly dropped from $10,000 to $8,600 on BitMEX as nearly $140 million worth of long contracts were liquidated. The pullback came merely 16 hours after BTC surged to $10,473, testing…
Blockchain Bites: Chase Class Action, 30 Words for…
Chase Bank has settled a class action lawsuit brought by defendants who claim the J.P. Morgan subsidiary overcharged credit card fees for crypto purchases. Meanwhile, a new report shows that a million “timelocked” bitcoin transactions…
Bitcoin’s $100K Probability – Speculation or Economic Theory…
Stemming from the confined venue of speculation and economic theory, there is much to address regarding the probability of whether Bitcoin will ever reach $100,000. To bring light upon the query in motion, we’ll analyze…
Blockchain Bites: BlockTower’s Returns, Minecraft Goes Blockchain, ID2020…
BlockTower Capital, a digital asset hedge fund, managed to more than double its lifetime return in the first four months of 2020, according to investors and documents reviewed by CoinDesk. This news comes a day…
Grayscale is Now Buying 1.5 Times the Amount…
Crypto fund manager Grayscale Investments is accumulating Bitcoin at a rate equivalent to 150% of the new coins created by miners since the May 11 block reward halving. According to data published by independent crypto…
The American Empire Is in Decline. Time for…
Lex Sokolin, a CoinDesk columnist, is Global Fintech co-head at ConsenSys, a Brooklyn, N.Y.-based blockchain software company. The following is adapted from his Fintech Blueprint newsletter. The hard thing about abundance is making a choice. We live…
Bullish for Crypto: Federal Reserve’s Balance Sheet Explodes…
Both the crypto market and the stock market have recovered strongly since the March lows, but capital markets remain tight. So tight that to save individuals and corporations across weight classes, so to say, the…
Blockchain Bites: Your Ultimate Guide to Consensus Distributed,…
As the sun rises on the second day of Consensus: Distributed, CoinDesk TV will draw to a close. We kicked off our virtual event with a 24-hour non-stop live stream featuring more than 50 programs and dozens…
The Last Time This Happened, Bitcoin Rallied 150%.…
Bitcoin hasn’t done too well over the past few days. Despite the fact that the block reward halving came to pass just hours ago, the cryptocurrency is actually down since last week’s highs of $10,100,…
Bitcoin Critics Rejoice After BTC Sheds $20 Billion;…
Bitcoin saw an intense downwards movement yesterday that led the benchmark cryptocurrency to erase the gains that came about as a result of its latest push towards the coveted five-figure price region. The crypto’s drop…
Bank of England Predicts Worst Economic Crash in…
The Bank of England has predicted the worst economic crash since the Great Frost of 1709. Economists are less optimistic than the central bank about the rate of recovery for the UK economy. “Current conditions…
Here Are the Macro Factors Driving Bitcoin’s Explosive…
Bitcoin has been caught within the throes of an explosive uptrend throughout the past several days and weeks. Buyers have allowed the cryptocurrency to put some serious distance between its recent lows of $3,800, now…
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…
Market Wrap: Derivatives May Reduce Miner Selling Pressure…
With less than a week to go before the expected May 12 halving event, bitcoin's price is swinging upward. The crypto derivatives market is helping to hedge the uncertainty on which way the bitcoin market…
Bullish For Crypto: Ex-IMF Economist Calls For Negative…
Former IMF Chief Economist, Kenneth Rogoff states central banks should consider negative interest rates. His words, in effect, greenlight crypto assets, which stand to benefit should the Federal Reserve decide to go this route. Crypto…
US Manufacturing Crisis: Fastest Economic Deterioration Ever Recorded,…
The US manufacturing activity has plunged to a record low, indicating that the country has entered into a deeper recession. “This recession is the quickest deterioration in economic activity ever recorded,” an economist explained. This…
Black Thursday Has Destroyed BitMEX Bitcoin Open Interest,…
The cryptocurrency margin trading platform that once enjoyed the crown across the industry, has just reached a historical low on the platform’s now-notorious Bitcoin open interest. According to data, the once industry leader has been…
Famed Economist Speaks: ‘US Coronavirus Bailout Scam,’ American…
During the last few weeks, the world has been dealing with the coronavirus outbreak. These days, however, many of the world’s citizens are growing more concerned over the government’s reactions than the virus itself. Moreover,…
Economists Predict Great Depression II for US Economy:…
Several economists have predicted where the U.S. economy is heading. One said it would take a miracle to keep the recession from turning into another Great Depression. Some believe that a fast or V-shaped recovery…
Crypto Long & Short: How Oil Going Negative…
This will always be remembered as the week when oil went negative. The economic repercussions of this are staggering and will take months to fully comprehend – but, more short-term, one of the most fascinating…
$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…
No, Kim Jong Un’s “Vegetative State” Won’t Cause…
It’s only April but 2020 has already been a crazy year: Bitcoin crashed 50% in a 36-hour time frame, the outbreak of COVID-19 has started, the price of oil went negative as recession fears have…