When the Reserve Bank of India (RBI) warned its citizens about the risks of trading and holding cryptocurrencies in December 2013, it was a reformist move. Cryptocurrencies, or should we say bitcoin, was a new phenomenon back then. Every country out there had its share of doubts about it. And correspondingly, they all, like India,…
Reports are emerging that the anti-Emmanuel Macron protesters in France, known in English as the Yellow Vests, are planning to stage a bank run this weekend. Although the changes of such an initiative bringing the government to its knees, as the demonstrators hope, are slim, what may very well be the first ever voluntary bank…
In recent weeks two new cryptocurrencies have been listed on Coinbase, 0x and BAT. Both resulted in predictable pump and dumps immediately before and a few hours after the announcements. This is no surprise, but the fact that one of these two new listings is only available to trade in USDC could raise a few…
As part of an international effort to wrest power from Nicolas Maduro in Venezuela, the Bank of England has denied the nation access to gold deposits stored with the institution. Such instances highlight just why a permissionless store of value like Bitcoin is important on both the global and personal level. Several members of the…
A technical correction lately drove the XRP price lower by circa 36 percent. And there is a strong likelihood that it will fall further.That is according to Ripple Labs, a San Francisco-based blockchain payment firm, that holds about 60 percent of total XRP supply. The company uttered the bearish scenario about the cryptocurrency as it…
Facebook could be on the path to replace the US Dollar with its own crypto asset as a global currency, claims Ted Livingston. The founder and chief executive of the Kik messaging app projected the upcoming stablecoin project as a WeChat aspirant. The 32 years old Canadian entrepreneur wrote that, like the Chinese messenger app, Facebook was…
Web3 Liberation from Postmodernism’s Stranglehold: The Art Renaissance By VESA Postmodernism isn’t just an art issue—it’s everywhere. This single, pervasive philosophy has seeped into big tech, corporations, legislation, media, and nearly every major institution, often strangling genuine creativity, diversity of thought, and depth. For comparison, there are around 200 other philosophies, 4,300 religions, the male…
One of the most popular online e-wallet services has just overhauled its cryptocurrency offering. From today, customers of Skrill will be able to exchange the various crypto assets the platform supports directly for Bitcoin. The expanded service is the latest example of a payments company offering some cryptocurrency functionality. However, modern financial services firms, such…
The crypto asset community seems to have lost its proverbial mind over a recent MTV show. During the episode of “True Life Crime”, producers of the show labelled a relatively new “influencer” to the industry a “crypto expert”.Despite the old saying being that there is no such thing as bad publicity, many crypto proponents seem…
The entire bitcoin trading community is holding its breath for a crucial bullish signal known as the Golden Cross. It started on April 2 when the bitcoin price – at last – broke above a stringent resistance area and surged 23 percent in a day. This upside swing changed the market’s entire dynamics. Almost all…