Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.” Brian Brooks, former acting comptroller of the currency of the United States Office of the Comptroller of the Currency, has claimed that cryptocurrencies like Bitcoin (BTC) have some backing, while the U.S. dollar mayContinue Reading
Is a $100-billion valuation justified? Profit margins could tighten with increased competition. The Coinbase direct stock listing could be a rite of passage for the blockchain and cryptocurrency industry, and the announcement on March 20 by the United States Commodity Futures Trading Commission of a $6.5-million fine against Coinbase forContinue Reading
Brian Kelly is the founder and CEO of BKCM LLC, a cryptocurrency fund. While the world’s attention is focused on Bitcoin (BTC), he highlights Ethereum as a more reliable and promising investment asset. “The fact that BTC is now the fastest growing and most expensive cryptocurrency does not mean thatContinue Reading
However, anybody considering visiting a Bitcoin casino will appropriately have worries about wellbeing. Gambling itself is a hazardous business, and there have been a few prominent hacks and burglaries in the cryptographic money market. In spite of this, gambling with Bitcoin isn’t really pretty much as unsafe as you mightContinue Reading
As Q1 2021 rolls towards its inevitable close, all eyes are on Bitcoin and its crypto brethren. Will the market hold onto its remarkable gains for the first quarter of 2021? Will the market crash in Q2, shedding exponential percentage points in an ever-dipping barrage of red candlesticks? Is allContinue Reading
BTC BTC Price Index Bitcoin has pulled back from the recent highs above the $60,000 level, but the pullback has been limited and the coin traded at $58,300 on Monday. The coin could move higher again this week, but risk markets are on alert over bond yields after the Fed’sContinue Reading
Strong growth in the DeFi sector led Band Protocol (BAND) and Chainlink (LINK) to gain more than 100% over the past few weeks. This week Bitcoin (BTC) price is making waves as the digital asset finally pushed above the $12K mark, but prior to this move, altcoins have been stronglyContinue Reading
Facebook is determined not to take “no” for an answer when it comes to fintech. Facebook has launched a new product group to promote “payments and commerce opportunities” with David Marcus, Libra’s co-creator, in charge of the division. The group, called Facebook Financial — or “F2” —will run its payments projects, includingContinue Reading
Blockchain technology has the potential to bring transparency to the deployment of financial aid. Israeli blockchain startup Orbs has published an open letter to French President, Emmanuel Macron. This letter promotes the use of blockchain technology to manage foreign aid following the tragic explosion in Beirut on August 4. Blockchain’sContinue Reading
Binance’s debit card process makes it a more of a centralized bank-like institution than the decentralized tech dreamed by Bitcoin’s creator. Satoshi Nakamoto years ago envisioned an ecosystem that would be independent of the centralized financial system that dominates the global economy today. His creation sparked a global community ofContinue Reading