-Bitcoin news, price, information & analysis
Balaji S. Srinivasan, CTO of Coinbase and co-founder of Counsyl, Earn, Teleport, and CoinCenter tweeted out his response to the Bank for International Settlements’ critical warnings about cryptocurrency including that digital commerce will ‘bring the internet to a halt,’ Srinivasan responded to the group’s warnings by tweeting “Well, if...
As Freeport, Grand Bahama Island continues its quest to become the Silicon Valley of the Caribbean by hosting the 2018 Bahamas Blockchain and Cryptocurrency Conference its central bank has announced plans to pilot a digital currency. Bahamian Dollar to go Digital Deputy Prime Minister and Minister of Finance,...
American Institute For Economic Research (AIER), an independent 501 economic research institute that does not represent any fund or special interests, has reported that Bitcoin, the most dominant cryptocurrency in the global market, has significantly and consistently been less volatile than other digital assets since 2013. In early...
A Washington-based law firm said today that the cryptocurrency Tether (USDT), which as its name suggests is pegged to the value of the U.S. dollar, holds enough U.S. dollar reserves to back all of its coins in circulation. The news couldn’t come at a better time. Just last...
Last year, in 2016, bitcoin outperformed the US dollar and every other reserve currency in the market, including the Japanese yen, South Korean won, and British pound. Bitcoin Outperforms All Stocks and Reserve Currencies This year, bitcoin has outperformed all of the reserve currencies in the global market...
It is always interesting to keep an eye on tokenized fiat currency. Most people are aware of USDT, a virtual currency pegged to the US Dollar. It now seems the company has partnered with Ethfinex to step things up a bit. More specifically, they are bringing tokenized US...
A lot of interesting things are happening in the world of finance right now. It appears the US Dollar bull run is finally showing some signs of weakening. In fact, the US Dollar is tanking in value right now. At the same time, demand for bullion is on...
Financial experts would have noticed the US Dollar’s strong run. Ever since President Trump got elected, the value of the US Dollar has been growing significantly. Unfortunately, it appears this is doing the currency more harm than good. President Trump even called the US Dollar “too strong”, which...
Iran could pave the way for the adoption of Bitcoin as a foreign reserve currency. The reports of Iran moving away from US dollar as the preferred reserve currency in retaliation to the travel ban issued by Trump administration has led to this speculation. Until recently, Iran has...
Looking ahead in the financial world is becoming quite challenging these days. Stock investors are currently concerned over the US Dollar, albeit that situation may come to change soon. After a horrible start in 20017 for the greenback, the question remains what will happen next. Further declines in...
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