About Author:
1 Confirmation with Jeff and Dave
A graduate of English, I stumbled on cryptocurrency while trying to proofread an article for a friend back in 2011, and since then, I have been hooked! I play word games when I am less busy (I'm a pro by the way) and I am a tennis aficionado.
Noted Australian finance commentator, Peter Switzer believes bitcoin and cryptocurrencies are too volatile to be useful. The founder of the Switzer Financial Group advised governments in a July 8, 2019, blog post quoted by Micky, to either ban or tightly regulate cryptocurrencies. Governments Should Either Ban or Regulate Bitcoin In...
Bitcoin bulls believe that the current currency tussle between world leaders will ultimately prove decisive for BTC. Some commentators are even pointing to significant signs of bitcoin becoming a hedge for many investors against uncertainties in traditional markets. President Trump Urges Fed to Counteract Foreign Monetary Policies U.S. President Donald...
According to a press release from July 3, 2019, Coinsquare, in conjunction with Just Cash, will use a software that would update millions of traditional ATMs and enable them to purchase bitcoin and other cryptocurrencies. Through this upgrade, more users would have access to virtual currency via a well-known mechanism....
Members of the United States Congress have demanded in a letter that Facebook halts development of the Libra cryptocurrency as it poses a threat to the hegemony of the U.S. dollar. This call by the U.S. Congress is the latest in a long line of government hard-line stances against the...
Blockstream has announced the creation of an atomic swap platform called Liquid Swap Tool according to official documentation on its website, announced in a Tweet, July 1, 2019. The Bitcoin infrastructure developer says the Liquid Swap tool enables users to carry out atomic swaps on all assets hosted on the...
Kopitiam has announced plans to accept bitcoin payments as part of the company’s efforts to adopt digital payment means, The Business Times reports, July 01, 2019. The move forms part of a growing wave of cryptocurrency adoption sweeping across Singapore and Southeast Asia as a whole. Bitcoin Adoption Opens New...
U.S. streaming giant Netflix is reportedly set to launch another cryptocurrency-themed documentary, this time focused on the altcoin market. The documentary will be a follow up to the “Banking on Bitcoin” edition released back in 2017. The plan by Netflix emphasizes the growing penetration of the cryptocurrency industry into many...
Bitcoin ATMs around the world continue to grow and show no signs of slowing down just yet. According to CoinATMRadar, a platform that monitors the growth of cryptocurrency ATMs worldwide, the number of Bitcoin ATMs globally has surpassed the 5,000 milestone. Astronomical Crypto ATM Growth Amid Rising Prices Recent statistics reveal...
A columnist for The Wall Street Journal (WSJ) recently spoke about the upcoming Facebook cryptocurrency, Libra. According to the article, the columnist opines that the proposed stablecoin isn’t as promising as projected and added that Libra gives Facebook the “license to print money.” Libra Will Become a Private Central Bank Recently,...
Bitcoin mining behemoth, Bitmain, may likely revive its initial public offering (IPO) plans following bitcoin’s price surge. According to a Bloomberg report on Jun 21, 2019, the company this time around, would be making its filing in the United States instead of Hong Kong. BTC Hike Unfreezes Bitmain IPO Plans...
A Russian lawmaker has recently stated that Facebook’s expected cryptocurrency, Libra, would not be given preferential treatment in Russia. Per a report by Tass on June 18, 2019, the country wasn’t planning to adopt a crypto-friendly legislature. Going by Russia’s rough relationship with the social media giant, the recent opposition to the company’s project...
The Big Four consulting firm PricewaterhouseCoopers (PwC), revealed via a press release published June 19, 2019, the addition of a tool to its Halo Suite that would be used to audit cryptocurrency transactions. Per the report, the new software tools presently support eight virtual tokens, including bitcoin, bitcoin cash, litecoin, and...
According to a blog post on the Binance website on June 17, 2019, the cryptocurrency exchange giant announced plans to launch BTCB, their Bitcoin-pegged token. The pairing is the beginning of a string of similar crypto-pegged BEP2 token pairs for trading on the Binance DEX platform, per the announcement. First...
The law enforcement agency of the European Union, Europol, revealed at a recent cryptocurrency conference that it was developing a cryptocurrency game that would train law enforcement agencies on how to trace and investigate virtual currency-related crimes. According to a press release on June 14, 2019, the agency and stakeholders in...
According to a technical analysis by a Fundstrat strategist, the cryptocurrency market is set for renewed price gains. Per a Bloomberg report on June 13, 2019, Litecoin could also continue its positive start to the year as its halving inches closer, creating further hype which could push its price even higher. Improving...
