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Cryptocurrency miners of all sizes have been suffering from the bear market that has heavily depressed prices, causing some to abandon the field as their proceeds were no longer covering expenses. However, for others this period has formed a time to grow while their competitors are struggling. To find out how one operation is handling […]
The post How a Large Cryptocurrency Mining Operation Is Handling the Current Market appeared first on Bitcoin News.
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On March 20, the Federal Reserve’s Open Market Committee (FOMC) unanimously decided to keep federal interest rates unchanged. Critics believe that the central bank’s policy of near-zero interest rates and quantitative easing (QE) has corrupted the U.S. economy for nearly a decade and spawned a generation of socialists. Also read: Bitcoin and the Agora: Every […]
The post The Fed’s Low Interest Rates and QE Have Created a Dependent Generation appeared first on Bitcoin News.
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A CIA World Factbook entry listing nations’ current account balances shows that big economies and near-failed states share something in common – massive debt. This liability making them strong cases for hyperbitcoinization, which could be exacerbated by an anticipated global economic slowdown. Also read: Governmental Overreach in Developing Nations Will Hasten Hyperbitcoinization Debt-Ridden Economies Prime Cases […]
The post Heavy Borrowers and Near-Failed States Likely to Drive Hyperbitcoinization appeared first on Bitcoin News.
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In this edition of The Daily, we cover two announcements regarding fiat-to-crypto trading services. The U.S. subsidiary of Huobi has introduced pairs between three cryptocurrencies and the U.S. dollar and peer-to-peer platform Airswap has enabled users to exchange fiat currency for ethereum. There’s also a new development in the Quadrigacx saga – a judge has […]
The post The Daily: Huobi Adds USD Trading Pairs, Airswap Launches Fiat-to-Crypto Exchange appeared first on Bitcoin News.
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Tidbits is a roundup of talking points from across the cryptosphere. Today, Jesse Powell and Samson Mow both voice their opinions on the custodial ownership of assets through trusted, third parties. Paul Sztorc shows the Bitcoin community that forks are not as frequent as they think and Simon Dixon breaks down his three problems with the […]
The post Tidbits: Jesse Powell Criticizes Custodial Ownership, Simon Dixon Slams the Banking System appeared first on Bitcoin News.
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The current market environment has caused several cryptocurrency companies such as exchanges, and miners to cancel growth plans, downsize their operations or even completely shut down. A massive new fund reportedly in the works is designed to help such struggling firms with much-needed finance until the situation improves and they return to profitability. Also Read: […]
The post Galaxy Digital Reportedly Raising $250M to Help Firms Survive Crypto Winter appeared first on Bitcoin News.
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Japanese crypto exchange Zaif has concluded a business transfer agreement with another regulated crypto exchange in Japan. Fisco Cryptocurrency Exchange will take over all of Zaif’s services and will be responsible for repaying users who lost their coins when Zaif was hacked last month. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals […]
The post Japanese Exchange Takeover: Zaif Transfers All Crypto Services to Fisco appeared first on Bitcoin News.
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Sweden’s central bank has introduced a controversial new measure that will deter its citizens from saving. The oxymoronic “negative interest” now paid out on tax accounts is technically designed to stimulate the economy. In reality, all it will do is encourage people to spend rather than save, boosting government figures for economic growth while disadvantaging […]
The post “Negative Interest” Is the Latest Government Scheme to Deter Saving appeared first on Bitcoin News.
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Irresponsible government borrowing has caused debt in many African countries to reach crisis level. Over the past 10 years, more than $80 billion in bonds have been issued to thirsty European investors by governments in Africa south of the Sahara, with public debt now making up about half of GDP. Bilateral loans, especially from China, add […]
The post Irresponsible Borrowing Leaves Africa on Brink of Debt Crisis – Again appeared first on Bitcoin News.
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The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 10, Part 4 Crypto and the New Cold War History is written by the victors. -Winston Churchill Success is a great deodorant. -Elizabeth Taylor The winning side of a war writes the narrative; politicians, cultural leaders, educators, and the media create […]
The post Wendy McElroy: Crypto and the New Cold War appeared first on Bitcoin News.
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