The United States has always been the global financial leader in my lifetime. But at the moment, government leaders are missing an opportunity to empower Americans to utilize digital currencies. Our incomprehensible unwillingness to embrace digital currency puts our mantle of leadership at risk. Bitcoin, in particular, is primed to become the premier currency … Read more
Cryptocurrency whale activity is usually associated with big price movements, particularly when whale transfers are taking place between an external wallet and an exchange. There are many whale alert tools which market participants monitor to gain insights into what’s happening in the market. A whale that transfers large amounts of BTC to an exchange … Read more
Cryptocurrency whale activity is usually associated with big price movements, particularly when whale transfers are taking place between an external wallet and an exchange. There are many whale alert tools which market participants monitor to gain insights into what’s happening in the market. A whale that transfers large amounts of BTC to an exchange … Read more
The Bitcoin market has tip-toed into “extreme fear” territory as the Federal Reserve prepares to meet Wednesday to decide its next move regarding interest rate and quantitative easing policies. BTC is trading at around $48,000 at the time of writing, nearly 30% below its November all-time high of $69,000. The Fear and Greed Index … Read more
The market leaders among German financial institutions are reportedly working on a bitcoin trading feature, which could launch in 2022. The Sparkassen are centuries-old regional institutions with about 370 branches and 50 million customers. The offering would cut down intermediaries and enable Sparkasse customers to trade BTC from their checking accounts. Sparkasse, a German savings … Read more
There’s been much discussion surrounding the question of determining whether or not Bitcoin is a religion. To truly understand the depth of this question, we must discuss belief, religion, organization, and dogma. Let’s answer this question beginning with a linguistic lens, and then continue through a philosophical discussion. WHAT IS RELIGION? This seems a simple … Read more
Understanding Bitcoin Halving To explain what a Bitcoin halving is, we must first understand a bit about how the Bitcoin network operates. Bitcoin’s underlying technology, blockchain, basically consists of a collection of computers (or nodes) that run Bitcoin’s software and contain a partial or complete history of transactions occurring on its network. Each full node, … Read more
Software intelligence company and bitcoin accumulator MicroStrategy has increased its BTC holdings with a recent acquisition of 1,434 coins, according to a Securities and Exchange Commission (SEC) filing Thursday. The purchase was made between November 29 and December 8 for $82.4 million in cash, valuing each BTC bought at about $57,477 on average. The acquisition … Read more
I can’t help but take pride in the Bitcoin community’s relentless optimism. In many other industries, whether it be through the direct decline of the industry, or a sense of general nihilism that so often accompanies our fiat-based world, optimism is not nearly as present. But Bitcoiners wake up each day ready to work … Read more
Fidelity Investments held a private meeting with the U.S. Securities and Exchange Commission (SEC) to urge the regulator to approve its Bitcoin exchange-traded fund, Bloomberg reported. On September 8 Tom Jessop, president of Fidelity Digital Assets, met with SEC officials in a video call, Bloomberg found. The company gave a presentation that demonstrated “increased … Read more