Bitcoin Breaks $3,600 Price Point, Some Top Cryptos See Double-Digit Gains
All top 20 cryptocurrencies have experienced solid growth on the day, with some of them seeing double-digit gains Go to Source Powered by WPeMatico
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Abra Adds Stocks and ETF Investing to Its Cryptocurrency Exchange App
Abra has decided to add access to collateralized equities investing. This means that users of the exchange and wallet app in 155 countries will be able to trade on popular U.S. stocks and commodities like gold and even use cryptocurrency to do so. Also Read: The Daily: F1 Team Gets Crypto Sponsor, Dubai Royal Partners … Read more
Four Iranian Banks Support Gold-Backed Cryptocurrency
A gold-backed cryptocurrency called PayMon has been released by four banks in the Islamic Republic of Iran Go to Source Powered by WPeMatico
Markets Quiet as Most Major Coins Report Small Gains, Bitcoin Hangs Below $3,500
Major cryptocurrencies are trading sideways, with some recording humble gains over the 24-hour period Go to Source Powered by WPeMatico
The Daily: Fidelity Crypto Custody Update, Cryptopia Hack Continues
In today’s edition of The Daily we feature a number of stories about financial companies adding cryptocurrency-related services including a custody solution from Fidelity and new CFDs for trading BCH vs precious metals. We also cover the latest update about the ongoing Cryptopia hack. Also Read: Report: Two Hacker Groups Stole $1 Billion From Crypto … Read more
Van Eck Associates CEO: Bitcoin Investors Will Add Gold This Year
Gold and bitcoin markets have have attracted comparisons for some time now, with gold investors taking an interest in the cryptocurrency during the 2017 bull market. But some of these investors are now reintroducing gold to their portfolio, according to Jan Van Eck of Van Eck Associates. Also read: 8 Food Delivery Sites That Accept Cryptocurrency … Read more
Back to Basics: What Is Money?
Our current economic system can be compared to a merry-go-round that has us consuming, trapped in debt and spending as quickly as we earn. What is fiat currency? Why do we use it and who controls it? And how does it compare to gold and bitcoin? It is worth going back to basics, to better understand … Read more
Van Eck Associates CEO: Bitcoin Investors Are Moving to Gold
In an interview, Jan Van Eck, CEO of Van Eck Associates, suggested that Bitcoin investors have moved to gold Go to Source Powered by WPeMatico
Bank’s Refusal to Release $1.2B of Venezuelan Gold Strengthens the Case for Bitcoin
Venezuela’s economic crisis is impossible to ignore. President Nicolás Maduro’s attempt to withdraw $1.2 billion of the country’s own gold from the Bank of England (BoE) has been rejected. The notion of a sovereign state being denied access to its own wealth is a concept that’s hard for bitcoiners to countenance. One thing is certain: the case … Read more
Tidbits: Jesse Powell Criticizes Custodial Ownership, Simon Dixon Slams the Banking System
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 … Read more