Want to be rich? Data and Bitcoin’s supply cap show you only need 0.01 BTC
In 10 years Bitcoin’s finite supply will be nearly exhausted, meaning holders might only need 0.01 BTC to become filthy rich. Go to Source Powered by WPeMatico
Month: March 2021
CBDCs won’t entirely replace cash if the US Fed gets its way
The U.S. does not want cash to go extinct in the presence of a CBDC, according to the Fed’s chairman. Go to Source Powered by WPeMatico
Bitcoin bulls ‘hold back’ as BTC’s monthly futures expiry approaches
Bitcoin price briefly rallied above $60,000 but analysts say bulls are holding dry powder until after the March BTC futures expiry. Go to Source Powered by WPeMatico
Belarus President Calls to Increase Regulation on Cryptocurrencies, Citing ‘China’s Experience’
The Belarusian president held a meeting over the week where he mentioned cryptocurrencies within the context of regulating the IT industry. Alexander Lukashenko hinted at tightening the regulatory framework to control crypto usage in Belarus. Lukashenko Seeks to Create a Unified Governmental Regulatory Body According to news agency Belta, Lukashenko met with senior government officials … Read more
Diem co-creator leaving Facebook for Planet Labs
Kevin Weil has previously said that the launch of the Facebook-backed stablecoin would be “a journey of years and decades.” Go to Source Powered by WPeMatico
Stocks of Bitcoin: JPMorgan offers BTC exposure, an ETF in sheep’s clothing
JP Morgan bunched proxy crypto stocks to give skeptical investors exposure to the crypto economy. Go to Source Powered by WPeMatico
Cardano’s $1B futures open interest shows ADA is a serious contender
Cardano’s Coinbase listing helped push the open interest on its futures contracts above $1 billion, a signal that investors are seriously interested in ADA. Go to Source Powered by WPeMatico
Harris Poll Data Shows 1 in 10 Americans Will Use Stimulus Checks to Buy Bitcoin and Ethereum
Following the recently published survey by Mizuho Securities that estimates roughly $24 billion from the $380 billion in direct stimulus checks will go toward bitcoin, a Harris Poll was released that estimates around 1 in 10 Americans have used stimulus checks to invest in cryptocurrencies like bitcoin and ethereum. Recently Published Harris Poll Says 7% … Read more
Fiat and crypto together at last thanks to new driver rewards system
The car manufacturer will reward eco-friendly drivers with a new type of Fiat currency — but it’s actually all crypto. Go to Source Powered by WPeMatico
Would a US wealth tax push millionaires to Bitcoin adoption?
There are ways in which a tax on the ultra-wealthy could nudge them toward crypto, but hiding assets is not one of them. Go to Source Powered by WPeMatico