Buy Bitcoin: Legendary Hedge Fund Manager Bashes QE, Low Interest Rates

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 […]

Capital One hacker uses thirty company servers to mine cryptocurrencies

The hacker behind Capital One hacking was mining cryptocurrencies on networks of more than thirty companies. The hacker, Paige Thompson hacked into servers of more than thirty companies by gaining access to backend servers. Paige misconfigured the company firewalls and used these servers to mine cryptocurrencies. Paige Thompson is a thirty-three-year-old software developer that was […]

Ripple XRP and SBI Holdings now have 28 shareholders

  Ripple XRP partner, the Strategic Business Innovator Group (SBI), Minato-ku, Japan, announced the addition of four more banks to the long list of shareholders. The total number of participants are now twenty-nine (29) in number. They will be empowering the MoneyTap app that has been used to transfer money on cellular devices using digital […]

Ripple Labs move one billion XRP coins from their escrow wallet

Ripple Labs – the company behind XRP – have moved one billion XRP from Ripple’s escrow wallet. The news was initially reported by “Whale Alert” in a Twitter post. 1,000,000,000 #XRP (258,488,781 USD) unlocked from escrow at Ripple Escrow wallet Tx: — Whale Alert (@whale_alert) September 1, 2019 Whale Alert is a platform that […]

Are Binance and Bitfinex on the same sinking boat?

Binance and Bitfinex forts are not in shape to continue the war. It may be possible that the tide may turn in their favor, but the skis seem blotted with. The announcement regarding these firms doing good and their coins flourishing isn’t wrong, but good isn’t enough. While 2019 has been beautiful for the exchanges […]

Following The Recent Dull Action In Bitcoin Price – Is It The Calm Before The Storm? BTC Analysis

After three days of no significant price movements, Bitcoin is now planning its next leg. As we know this market, Bitcoin doesn’t like being low in volatility, and this might be the preparation period of another move that can take place any moment. Most indicators are showing bearish; however, Bitcoin likes to go with the […]

Bitcoin Need Accentuated as Negative-Yielding Debt Hits $17 Trillion

If you told economists twenty years ago about Bitcoin (BTC) and negative-yielding debt, they would be shocked. In the 1990s or even the 2000s, decentralized digital money and a bond that made your money disappear with time would have seemed abstract — quite abstract.  Now, however, these two financial trends, which came to fruition mostly over the […]