It only took a day for the Bitcoin bashers to emerge from their caves and start spreading fear, uncertainty and doubt again. After four months of inactivity crypto markets came alive again this week and headed upwards to reach new 2019 highs. This was enough it seems for the mainstream media dogs to start spewing…
Brian Kelly, founder and CEO of cryptocurrency investment firm BKCM, has said the market is experiencing a “crypto civil war” as the announced “hard fork” in Bitcoin Cash failed to gain consensus among peers in the community. The disagreement is behind the plunging digital currency market, with Bitcoin losing the $6,000 handle on Wednesday, Kelly…
As the entire world braces for a potential economic crash in the face of looming trade wars, inflated fiat currencies, and booming debt, Bitcoin is showing signs that it is living up to its expectation that it could become an economic hedge due to its scarcity and deflationary design. It’s even showing a direct correlation…
One of the most pertinent issues facing the cryptosphere today is regulation, as members of prominent governmental agencies, like the Commodities Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC), have yet to come to a unanimous opinion on how this nascent space should be regulated and managed. However, a leading member of the CFTC intends…
Despite the dismal performance of crypto assets, this space continues to receive attention from prominent thought leaders in traditional capital markets, making it evident that this industry shows promise and is much more than a well-thought-out fad or trend. “Clearly, Crypto Is Here To Stay” The brain drain of the legacy market has continued, with Ric…
In case you missed, the crypto asset industry is getting remarkably bullish once again. With the price of Bitcoin crossing the psychologically important $10,000 mark twice in less than a week, many observers are bracing themselves for higher prices.Amongst those optimistic for the future of Bitcoin are the five panellists appearing on CNBC’s “Fast Money”…
At long last, Bitcoin (BTC) has entered the mainstream discourse. Despite it still trading $9,000 shy of its $20,000 all-time high, established in late-2017 on the back of retail hype, the cryptocurrency has become a trendy topic. So trendy, in fact, that American leader Donald Trump decided to comment on Bitcoin and its ilk in…
All last month, the positive sentiment surrounding Bitcoin, crypto, and even Facebook Libra turned negative after United States President Donald Trump made some negative tweets about the digital asset class and its illicit use in criminal activities such as money laundering, cybercrime, drug trade, and more. And while many Trump-appointed policymakers came out of the…
Rumors are flying. The SEC could approve a Bitcoin Futures ETF before the year ends. It seems like the US Security And Exchange Commission will not give the go-ahead to the mythical Bitcoin ETF just yet… or ever, but a new option has a few companies salivating. What does this mean? And why a Bitcoin…
The value proposition of Bitcoin has long been questioned by its cynics. Unlike traditional assets, the cryptocurrency doesn’t generate cash flow, pay out dividends, produce a fixed yield, or have a maturity date. And unlike recognized forms of money, Bitcoin isn’t backed by the power of a government or some asset, like gold. But, Bitcoin’s…