Global Recession Imminent Warns Morgan Stanley — Good News for Bitcoin?

On May 5, 2019, US President Donald Trump announced increased trade tariffs on goods imported from China. At that time tariffs of 10 percent had been defined for approximately $200 billion worth of goods. These tariffs increased to 25 percent on May 10. Based on Trump's comments, a 10 percent tariff on another $325 billion dollars worth of imported...
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56 Hits

Microsoft is using Bitcoin's blockchain for its new decentralized ID tool

  Microsoft has taken its first major step into the world of decentralization by building an identity tool upon the Bitcoin blockchain… According to Coindesk , Ion, an open source project of Microsofts, has been under construction for around a year and focuses on network communication and validation. The project will look to enhance decentrali...
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60 Hits

Yelp’s Bitcoin Filter Could Kickstart Weak Crypto Adoption

Merchants and consumers are seeing rising demand for crypto. | Source: (i) Shutterstock (ii) Shutterstock; Edited by CCN
By CCN: As bitcoin's price experienced a surge this week, it seems merchants and consumers are more interested in crypto than ever. Local-search company Yelp has joined the pact by reportedly adding a filter to help users find merchants that accept cryptocurrency. No matter if you're looking for a burger bar, dog groomer, or any other kind of busin...
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55 Hits

eTrade Would Integrate Bitcoin And Ethereum To Allow Users Trade These Digital Assets

According to a recent report released by CryptoSlate, New York Times journalist Nathaniel Popper, eTrade will be integrating Bitcoin (BTC) and Ethereum (ETH). eTrade is a major financial asset and stocks exchange. This would allow many investors to have access to the two largest digital assets in the market. eTrade Adds Support for BTC and ETH Popp...
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143 Hits

Afghans Look to Sovereign Crypto Bond to Raise $5.8 Billion for Economy

Afghanistan is planning to jumpstart its ailing economy with a blockchain-based sovereign crypto bond. The announcement to attempt a cryptocurrency solution to three decades of economic turmoil came at a meeting of the Boards of Governors of the World Bank Group and the International Monetary Fund (IMF) in Washington recently. According to the Cent...
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59 Hits

Moon Crypto Payment Project Enables Users to Shop on Amazon via Bitcoin’s Lightning Network

Amazon And Other E-Commerce Websites Can Now Use Bitcoin With The Lightning Network Retail customers are one of the biggest groups of people that use Bitcoin , but mass adoption is still far away. Though there have been many merchants that have been progressive enough to adapt their systems to accept Bitcoin , a crypto payment processing startup de...
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171 Hits

LedgerX Reveals Bid to Beat Bakkt to Physical Bitcoin Futures Launch

  Cryptocurrency derivatives provider LedgerX plans to become the first U.S. firm to offer physically settled bitcoin futures contracts. The company announced Monday that it has filed for a designated contract market (DCM) license, which would allow LedgerX to offer physically-settled bitcoin futures products to its customers. Unlike the cash-...
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83 Hits

Messari CEO: ‘Wealth Transfer’ Will Take Bitcoin (BTC) to $50,000

As the crypto markets enter their second straight day of bullish price movement, with Bitcoin trading above $5000 for the first time since last year, a number of analysts are weighing in with their prediction for the future of crypto asset value. Ryan Selkis, founder and CEO of the cryptocurrency research firm Messari believes that Bitcoin will con...
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649 Hits

A16z Moves to Place Bigger Bets on High-Risk Assets – Including Crypto

Andreessen Horowitz can now back crypto startups with potentially up to $1 billion, after reportedly making some recent internal changes. The company's founders – Marc Andreessen and Ben Horowitz – told Forbes that they had registered all of its 150 employees as financial advisors, so as to allow them to place larger bets and invest more heavily in...
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93 Hits

Fidelity’s Digital Asset Platform Goes Live With Select Clients

Fidelity Digital Assets, the digital currency wing of United States financial services giant Fidelity, is now live with a select group of clients, the firm announced on March 8. In a tweet, the firm wrote: "We are live with a select group of eligible clients and will continue rolling out slowly. Our solutions are focused on the needs of hedge funds...
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1307 Hits

Federal Reserve May Add Bitcoin Crash to Stress Test Scenarios

The U.S. Federal Reserve could soon include a cryptocurrency market crash as one of the risks to take into account when conducting supervisory stress tests. The Fed's board of governors on Thursday announced amendments to a policy statement on the scenario design framework for stress testing, saying that "the collapse of the bitcoin market" may be ...
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337 Hits

Jack Dorsey: Bitcoin will be the world’s ‘single currency’ in 10 years

  Twitter and Square cofounder Jack Dorsey believes that in 10 years or fewer, everyone will be using Bitcoin. "The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be Bitcoin," Dorsey told London news outlet The Times . Dorsey acknowledged that Bitcoin is still "slow and...
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5 Reasons Bitcoin’s Adoption Is Stronger Than Ever

 Reason #1 Bitcoin is now even more secure. Compared to one year ago, the computing power deployed on the Bitcoin network by users all over the world has more than doubled . Reason #2 The number of daily active addresses is stable. In a big bear market, this kind of stability is an encouraging sign. Reason #3 Transaction volume has doubled. Th...
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125 Hits

The Truth About Starbucks and Crypto Payments

  Since the announcement about Bakkt by Intercontinental Exchange (ICE) on 3 August 2018, many reports have suggested that Starbucks is getting ready to accept Bitcoin payments. But are these claims valid? This article takes a closer look at this announcement to discover the truth about Starbucks and crypto payments. The press release by ICE (...
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339 Hits

Russia Will Buy $10 Billion in Bitcoin, Ditch US Dollar and Become Huge Crypto Whale: Russian Economist

  According to a new claim from a Russian economist, the world's 12th largest economy is about to pour $10 billion into Bitcoin. Vladislav Ginko, a lecturer at Moscow's Russian Presidential Academy of National Economy and Public Administration, says US sanctions are forcing Russia to diversify. Chris, I believe sitting here in Moscow, Russia, ...
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437 Hits

Lite.IM Brings Bitcoin to Facebook Messenger, Telegram, and SMS

We're pleased to announce that Bitcoin (BTC) support has finally arrived on Lite.IM! Now you can send, receive, and manage your Bitcoin easily and securely right from the convenience of popular messaging platforms like Telegram, Facebook Messenger, and SMS (in the US and Canada). Bitcoin is the fourth currency to arrive on Lite.IM after Litecoin (L...
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152 Hits

German Adoption Of Bitcoin Growing

A recent survey shows that more than one-third of big companies in Germany see blockchain technology as revolutionary as the internet was back in its day. On top of the Internet of Things and Artificial Intelligence, blockchain technology one of the current three areas of development with massive potential. The survey was administered by the German...
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153 Hits

Why Bitcoin Matters for Freedom

In the border city of Cúcuta, Venezuelan refugees stream into Colombia , searching for food to feed their families. Years of high inflation, projected to top 1 million percent , has turned bolivares into scrap paper . More than 3 million Venezuelans have fled since 2014, and 5,500 exit for good each day. According to the United Nations , the exodus...
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10 Reasons To Buy Bitcoins

Bitcoin, in recent years, has become a household name and is probably the most widely accepted Cryptocurrency. You might have doubts about investing in bitcoins, you might need a guide to buy bitcoins or you may wonder why the price of bitcoins moves so much, but here are a few reasons why you should invest in them even in 2018. 1. Bitcoin is relia...
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Why Bitcoin, Ethereum and the Entire Crypto Market Are Down in Value

The way I see it, investors in 2017 — and specifically in Q4 — wanted to buy Bitcoin ( BTC) and Ethereum ( ETH ) for the sole purpose of exchanging it for specific ICO tokens they wanted to invest in. The buyers of Bitcoin and Ethereum did not want to own Bitcoin or Ethereum. They wanted to buy the newly issued initial coin offering ( ICO ) tokens,...
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318 Hits