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Global Macro Investor CEO Raoul Pal has explained why he believes bitcoin is better than gold in every way. He proclaims that bitcoin is “the hardest form of money” and “the best reserve asset and best collateral asset ever seen.” Bitcoin Is ‘the World’s Best Trade’ Macro strategist and former hedge fund manager Raoul Pal […]
The post ‘Bitcoin Beats Gold on Every Single Measure,’ Says Macro Strategist Raoul Pal appeared first on Bitcoin News.
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Crypto banking platform Cashaa has unveiled plans to expand its services in India, the U.S., Africa, and the Caribbean. In India, the company aims to create “the first crypto-friendly banking platform” that is regulated by the central bank, the Reserve Bank of India (RBI), Cashaa’s CEO has shared with news.Bitcoin.com. Cashaa Unveils Expansion Plans London-based […]
The post Crypto-Friendly Banking Platform Cashaa Expanding in India, US, Africa appeared first on Bitcoin News.
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A South African man has been charged with fraud in the Maryland District Court for allegedly scamming $28 million from over 1,000 investors. Dennis Jali, a former resident of Maryland, targeted church-going African immigrants, promising them guaranteed returns on his supposed bitcoin (BTC) and foreign currency investment pool. In a press statement, the U.S. Commodity […]
The post South African Man Charged in U.S. Court for Fraud Involving $28 Million in Bitcoin and Forex appeared first on Bitcoin News.
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Billionaire and venture capitalist Tim Draper has praised bitcoin cash after recently purchasing the coin. Lauding the ease of use as well as buying it, Draper encourages his followers to do likewise. Draper’s endorsement comes as the Bitcoin Cash (BCH) community braces for a fork instigated by Bitcoin ABC’s infrastructure funding proposal (IFP). Yet despite […]
The post Tim Draper Heaps Praise on Bitcoin Cash appeared first on Bitcoin News.
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The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all the crypto coins shaved more than 10% during yesterday’s trading sessions. More than 12 hours later, a number of the top crypto assets are still down in value between 4-12%, and some digital coins saw even bigger losses during […]
The post Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums appeared first on Bitcoin News.
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Food and wine fraud costs Australians $1.7 billion, but government and industry experts say blockchain could be the solution
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Australian government report on the future of fintech and regtech suggests blockchain technology is critical to Australia’s future
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On September 3, 2020, the well known Yearn Finance defi project “paused” the popular ethereum liquidity vault (yETH) service, after locking in a significant $139 million. Yearn’s vault feature launched on Wednesday, and saw $100 million deposited on the first day. The vault hype has also caused the Maker DAO project to make a governance […]
The post Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APY appeared first on Bitcoin News.
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Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July. While a number of dollar-pegged stablecoins have seen demand, the longstanding tether is still capturing most of the […]
The post $16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July appeared first on Bitcoin News.
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A robust cryptocurrency bull market is in the making, a Weiss Crypto Ratings analyst explained. Citing central banks’ “reckless money printing policies” and “the explosion in Defi innovation,” he sees long-term fundamentals favoring cryptocurrencies despite some short-term selloffs. Robust Bull Market in the Making Weiss Crypto Ratings’ Juan Villaverde explained last week that long-term fundamentals […]
The post Long-Term Fundamentals Signal Robust Crypto Bull Market Fueled by Reckless Money Printing, Defi appeared first on Bitcoin News.
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