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P2P Bitcoin And Dash Transactions Soar In Venezuela

Venezuela’s inflation rate topped 130,000% in 2018 as peer-to-peer Bitcoin and Dash transactions reached new all-time highs month after month. Bitcoin Thrives in Broken Economies For the past few years, the Venezuelan economy has been rocked by political and economic instability that has led to sh..

Coinbase: Institutional Folks Buying $200-400M Worth Crypto A Week

Brian Armstrong talked about institutional investors in the cryptocurrency space on Twitter earlier this week, saying the question of whether or not institutions will adopt cryptocurrencies has been answered. Coinbase is reportedly seeing hundreds of millions of dollars per week pouring in from lega..

Bitcoin is ‘Schmuck Insurance’: Morgan Creek Capital Founder

Bank of America Merrill Lynch recently surveyed fund managers and found that investors are the most bullish they’ve been on bonds since the end of 2008. But that popularity comes as long-term risks are developing for traditional asset classes. For these reasons, Morgan Creek Capital Founder & CIO, M..

Nobl Research: 25 Million Americans Are Considering Buying Crypto

A recently concluded Nobl Insurance study reveals that the crypto market grew by a spectacular 48 percent in the period 2018 – 2019. Moreover, the study forecast that the American cryptocurrency market will continue to expand in the next 12 months.25 Million Americans Are Considering Buying Crypt..

Australians Warned Over Cryptocurrency-Heavy Self Managed Pensions

The Australian Tax office has sent out 18,000 warning letters to Self Managed Super Funds (SMSFs). The letters target those who have invested over 90% of retirement funds in a single asset class, such as property or cryptocurrency.Breaking The Law with Cryptocurrency The letters from the tax offi..

How Buying Bitcoin Could Solve the Global Pension Crisis

Amid fears of a world recession, the pension time bomb is ticking louder. Financial experts warn that the coming pension crisis is of such a magnitude that it will eventually affect everyone. Now, some are looking into Bitcoin as a potential savior of pension plans.Pension Funds Investing in BTC ..

Bitcoin ETFs Will Either Launch Or Die This October, SEC Confirms

The US Securities and Exchange Commission (SEC) must approve or disapprove at least two Bitcoin exchange-traded funds (ETFs) this October.2-Month Countdown To Bitcoin ETF Decision In filings released August 12, the SEC chose to postpone final judgement on three ETFs it is currently considering. ..

Bitcoin Has Been Profitable For 98.66% Of Its History

Bitcoin holders have made easier profits than traders who buy and sell it consecutively, according to data provided by Rhythm Trader. The prominent cryptocurrency analyst found that bitcoin has been profitable for 3,817 days out of 3,869 days of its existence. That makes 98.66 percent of its histor..

Bitcoin Could Copy Gold’s 2008 Boom And Bust Before All-Times Highs: Messari

Bitcoin could drop dramatically in the short term before experiencing an historic rise to new heights, one of the cryptocurrency industry’s best-known researchers says.Bitcoin Mimicking Gold ‘Not Surprising’ Adding his weight to the current discussion on Bitcoin’s utility versus gold, Dan McArdle..

Bitcoin Will Be In ‘A Lot of Hedge Fund Portfolios’: Investment CEO

Investor interest in Bitcoin is increasing all over the world. Most recently, impressed by Bitcoin’s latest “amazing run,” Agecroft Partners Founder and CEO Don Steinbrugge predicted that Bitcoin will be held in a lot of hedge fund portfolios. Bitcoin Is a “Fantastic Technology” In a CNBC interview..

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