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Why the US Needs Bitcoin? Elon Musk and other VIPs have endorsed it. Here’s why the Federal Reserve should seriously consider BTC for its balance sheet. Why? Because it is unequivocally in U.S. strategic interests to do so. Alex Treece is a co-founder at Zabo, a platform enabling fintechs and financial services companies to easily […]
Whatever your opinions on cryptocurrencies — from a dyed-in-wool fanatic to utter skeptic — the fact remains that these digital assets are becoming a more important part of the payments world. We are seeing this fact play out on the Mastercard network, with people using cards to buy crypto assets, especially during Bitcoin’s recent surge […]
As of Feb 16, Bitcoin broke through $50,000 hitting a fresh record high. It just takes 39 days for the largest cryptocurrency to rocket to $50,000 from $40,000, mainly fueled by Tesla who recently signaled its confidence in Bitcoin. Thanks to Tesla’s $1.5 billion investment, as well as its intention to accept Bitcoin as a […]
The IMPACT of Covid19 on Crypto Currency and its future! The beginning of March 2020 was disastrous for major global markets. When news of the coronavirus pandemic spread, the stock market saw its fastest fall in history and its most dramatic since 1929. The hospitality and tourism sectors were among those hit the hardest as […]
GameStop-Robinhood revealed inequalities in the retail equity trading system. Can crypto markets do better? They must. Like just about everyone last week, we were watching the news about GameStop (GME) and the role Robinhood traders played in the market. In light of Robinhood’s disabling of buying in a number of stocks, there is a lot […]
DOGE also jumped four places on the list of most-valuable cryptocurrencies to No. 7. The price of meme cryptocurrency dogecoin (DOGE) soared more than 55% Sunday, setting a new all-time high, after American rapper Snoop Dogg joined DOGE booster-in-chief Elon Musk and Kiss rock star Gene Simmons in tweeting a meme of a Shiba Inu, the dog […]
One of the most difficult problems in finance right now is figuring out the fundamental economic value of cryptocurrencies. And the past week has complicated this further. For many cryptocurrency investors, the value of Bitcoin is based on the fact it is artificially scarce. A hard cap on “minting” new coins means there will only […]