Gold has been rallying of late, topping $1,400 per ounce for the first time in six years, after recording its seventh straight week of positive gains. Gold Bugs are once again pounding their chests with pride and continuing to cast derisive insults at Bitcoin and other crypto assets, as if there were some reverse correlation…
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Many would agree that some cryptocurrency and blockchain startups have ambitious goals. However, one Canadian startup is defying the odds by aiming to convert regular ATMs into cryptocurrency ones. The exact verb here should not be "convert", but rather "upgrade". The startup is called Coinsquare and has acquired a special software that allows regular ATMs…
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While many wonder when the Bitcoin ETF will become a reality, the Swiss fintech company Amun AG does not waste any time in disrupting the crypto exchange traded products (ETP). The company listed the world’s very first Bitcoin Cash ETP with ticker sign ABCH on the SIX Swiss Exchange on July 5th, 2019. Roger Ver…
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Bitcoin has been used for almost all kinds of online and offline transactions: from buying coffee and pizza to cars. Now, this brewery allows people to invest in the business through bitcoin. BrewDog is a Scotland-based brewery that recently announced that it will extend its crowdfunding round in something called “Equity for Punks”. The round…
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It is a week for holiday travel in the United States, as its Independence Day falls on a Thursday. Since the majority of “non-fake” Bitcoin volume tends to be U.S.-centric, analysts are quick to note any variations that may occur when analysts and traders alike are taking time off to travel to see family or…
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Critics of Bitcoin have often pointed to its price volatility as an issue and reason why it could never be considered a secure “store of value”, but a Wall Street veteran of 22 years, Caitlin Long, has built an intellectual argument, which posits that, by design, the world’s favorite cryptocurrency provides systemic stability versus price…
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After rocketing toward $14,000, Bitcoin is now struggling to find support at the $10,000 level. It fell below this important benchmark for a short period, but has now rebounded back to the $10,600 plateau. Several noteworthy analysts predicted that a test of this territory had been missed weeks back and might occur, but others have…
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The latest five-month Bitcoin rally has been as amazing as it has been confusing. Yes, BTC has posted positive gains for five months in a row, only the second time it has achieved this milestone since mid-2017. In just this past week, it has blown past $11,000 in a heartbeat, then it threatened to overtake…
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Bitcoin’s recent display of stable pricing behavior has given way in the past week to turbulent times, once again. Investors are witnessing the volatility to which they had become very accustomed, but just as violent swings in value became the norm, the world’s favorite cryptocurrency has slowly but surely regained its dominance in the crypto…
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Bitcoin is rising, no doubt about that. The “people’s currency”is moving fast above the $10,000 mark, currently trading at around $11,000 at the time of this writing. However, while the price of Bitcoin is rising, this does not point to any real development of the currency or the future evolvement of digital coins. The price…
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