Category: Bitcoin

The year 2020 will go down in history as the beginning of the COVID-19 pandemic and the way it affected the Argentine economy. But it is also true that Argentina has been dragging along economic problems for decades, with high fiscal pressure, devaluation of the national currency (the Argentine peso), restrictions on the purchase of

Researchers at Deutsche Bank say Bitcoin’s rise above the $1 trillion mark proves the leading cryptocurrency is here to stay – at least for the foreseeable future. In a new report on the future of payments, the banking giant says it expects BTC to remain “ultra volatile” amid high levels of speculation. “In the short

The seventh session of the Africa Regional Forum on Sustainable Development convened earlier this month with the theme “Building forward better: Towards a resilient and green Africa to achieve the 2030 Agenda and Agenda 2063” and to promote the economic, social and environmental dimensions of sustainable development. Amina Mohammed, deputy secretary-general of the United Nations,

Anthony Scaramucci, the founder of global investment firm SkyBridge Capital, says Elon Musk’s $1.5 billion Bitcoin purchase is just the tip of the iceberg. In a new tweet, the former White House communications director reveals that Musk is also holding Bitcoin through his aerospace manufacturing company SpaceX. “Elon Musk didn’t stop with Tesla. I understand

Bitcoin (BTC) continued to face strong resistance at the $60,000 level on March 19 as bulls spent the day climbing back from an early morning drop which briefly pushed BTC into the sub-$56,500 range. Data from Cointelegraph Markets and TradingView shows that after being rejected at the $60,000 level on March 18, the price of

Germany’s Federal Financial Supervisory Authority, or BaFin, has warned investors about the risks involved in cryptocurrency investments. In a consumer protection alert issued on its website on Friday, the regulator offered a cautionary tale about crypto involvement on the part of retail investors. As part of its statement, BaFin echoed similar admonitions espoused by several

EToro’s CEO, Yoni Assia, thinks multiple factors are at play when it comes to the crypto market’s current bull run — among them, the economic situation in the U.S. amidst the ongoing COVID-19 pandemic. “I think there is a confluence of circumstances that’s leading for this all-time high, both in crypto, as well in the

Noted Bitcoin bulls Michael Saylor and Max Keiser are jumping to Bitcoin’s defense as critics lambast the king coin for its energy consumption. Although some see Bitcoin as a wasteful energy consumer, Saylor, who currently heads business intelligence firm MicroStrategy, argues that Bitcoin’s use of energy is what has kept the decentralized network secure for

A group of Bitcoin (BTC) mining companies have put their weight behind Standard Hashrate and its recently launched TAU Protocol, a synthetic asset platform using hash rate derivatives for its peg mechanism. Announced on Friday, the TAU project aims to create algorithmic versions of Bitcoin and other proof-of-work assets through a revisited rebase mechanism. The

Bitcoin (BTC) might have been ranging from $57,000 to $59,500 over the last couple of days, but the top traders at major exchanges have increased their long positions. A similar move also happened in the monthly futures contracts, as the basis rate has increased. Bitcoin price at Coinbase, USD. Source: TradingView After marking a $61,750