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After maintaining a relatively healthy position for most of last week, bitcoin has fallen to a low mark of $7,900. This is a near $1,000 drop (seven percent) from where it stood just 48 hours ago. The primary sentiment is that Twitter is responsible. The social media giant recently shocked the world by announcing that … Read more
President Trump’s ban on Venezuela’s cryptocurrency Petro could hugely impact its future plans to launch yet another ICO #FOLLOW_UP Go to Source Powered by WPeMatico
A Time investigation into the development of Venezuela’s state-backed cryptocurrency, petro, revealed strong anecdotal and circumstantial evidence connecting Russia to its launch. At least two Russians with ties to Vladimir Putin were present at petro’s unveiling, complete with the Venezuelan president’s thanks. Analysts are claiming the South American country is Mr. Putin’s crypto guinea pig … Read more
Bitcoin has enjoyed a small jump following yesterday’s monthly low. At press time, the coin is trading for just over $8,300 following a rough stint that saw it meandering at the $7,600 mark during the early hours of March 18. For every factor contributing to bitcoin’s rise, there seems to be one knocking it back. … Read more
Bitcoin has always been considered by its staunch supporters a tool to bring about personal financial freedom from government control and censorship as well as taxation via inflation. As such, most political players shun the cryptocurrency when they are in power as it threatens their position. Once out of power they are freer to appreciate … Read more
The famed hub of American 1960s radicalism and counterculture, Berkeley, California is at it again. Dormant for a few years, the US presidency of Donald Trump has awoken defiant spirits, as the city challenges administration policy over everything from immigration to taxation. One tool of resistance under consideration is an initial coin offering in creation … Read more
Berkeley is considering launching an ICO to fund federal housing due to fears of Trump cutting their federal fundin #NEWS Go to Source Powered by WPeMatico
Veteran podcaster Matt Aaron lends his curation and vocal talent to a smooth few minutes each week in summation of the Bitcoin world’s most important news, This Week in Bitcoin (TWiB). Every Friday, listeners get breakdowns and commentary in bite-size format, leaving them informed and with plenty of time to go about their day. Also … Read more
XBT.com, one of the web’s most desirable domain names, is up for sale. Its current owners, XBT Holding SA, are seeking 200 BTC – or about $2.9 million – for the site. The domain is coveted partially because XBT is the abbreviation that many institutional trading platforms use for bitcoin, and also on account of … Read more
Investor Peter Thiel has reportedly made an all-in, rather giant, bet on bitcoin. Mainstream financial press is reporting his venture capital fund purchased and held the digital asset through last year’s thousand percent-plus gains, making the decentralized currency one of his firm’s most valuable investments. Also read: Jimmy Song Uses Andreas Antonopoulos Model, Open Sources … Read more
