Bitcoin ‘Maybe Is a Partial Store of Value,’ Concedes Nouriel Roubini

News Economist Nouriel Roubini — also known as “Dr. Doom” for his prediction of the 2007-2008 financial crisis and a notorious critic of cryptocurrencies — has conceded that Bitcoin (BTC) is “a partial store of value.” Roubini made the concession during a panel together with a host of high-profile..

Tesla Rival Speeds Ahead with Bitcoin (BTC) Payment Option

Luxury electric car maker, Karma Automotive, now has a Bitcoin (BTC) payment option for its models. The firm is now ahead of Tesla, which has so far only toyed with the idea proposed by the crypto community. BTC Payments Part of the VIP Package Karma now offers new buyers and old customers the oppo..

Smart Contract Blockchains Are Struggling to Scale

Second generation blockchains were presented as being faster, cheaper, and more scalable than Bitcoin. Third generation chains (basically anything that came after Ethereum) promised even greater optimizations. In the event, these networks have run into the same difficulties as Bitcoin, with competit..

Bitcoin Price Back Above $8K as Pound Sterling Rises on Brexit Deal

Market Update Bitcoin (BTC) climbed back above $8,000 on Oct. 17 as news the United Kingdom had agreed on a deal with the European Union over Brexit ricocheted through markets.Cryptocurrency market daily overview. Source: Coin360 Bitcoin Price Reclaims $8KData from Coin360 showed Bitcoin behavin..

Binance CEO Confused by BNB Price Decline Despite ‘Very Productive’ Q3

News Changpeng Zhao, CEO and founder of major cryptocurrency exchange Binance, said that the reasons why Binance Coin (BNB) dropped over 50% from its all-time high in June do not make much sense. “Markets often confuse people”Zhao explained that new services such as margin trading, an increased n..

Bank of Canada to Fight Crypto with Own Digital Currency

The Bank of Canada (BoC) is thinking about developing a digital currency that would eventually replace fiat money completely, according to local media platform The Logic. Govt-Backed Digital Currency for More Control Bitcoin came out more than a decade ago as a decentralized, peer-to-peer currency ..