As President Donald Trump presides over geopolitical shape-shifting as the poster boy of separatist politics, the most significant clapback yet may be loss of confidence in the U.S. dollar. The dollar has been politically weaponized in the service of American interests and now other global powerhouses are betting on taking back control of their economies […]
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The last 24 hours has been one of those all-too-rare periods in which the cryptosphere unites against a shared enemy. We’ll detail who in The Daily, right after we’ve discussed blockchain spam, Blockfolio’s new funding round, and how we learned an opsec lesson from Kanye West. Also read: Bitcoiners Shoot Down Roubini’s US Senate Testimony Coinbase […]
In today’s edition of The Daily we cover stories about Shapeshift shutting down its decentralized portfolio platform Prism, the bitcoin-hating CEO of JP Morgan, Jamie Dimon, thinking he can be elected US President, an exchange expanding to 20 more states, and further censorship of bitcoin-related accounts on Chinese social media. Also Read: 66% of Cryptocurrency […]
Bitcoin’s price remains virtually unchanged from yesterday’s $8,900 mark. While $9,000 hasn’t been reached just yet, sentiment remains that the currency could strike this territory in the coming days. What’s interesting is that despite certain regulatory maneuvers inching forward, bitcoin and cryptocurrencies remain popular enough to fight ongoing resistance levels. In the past, when bitcoin was younger, the slightest move against its decentralized nature was known to make its price suffer, but now, things appear to be stabilizing somewhat. RBI, for example, recently made headlines when it announced that it would no longer support cryptocurrency ventures, thus leaving several businesses
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 it would ultimately start banning cryptocurrency and ICO-related advertisements as early as tomorrow, March 27. The company had originally informed audiences of its goals about a week ago, but said that it would take time to decide on the best route. While the ban seemed