Tag Archives for " Rise "

Bitcoin Private Fork Aiming to Make Bitcoin Anonymous

News Bitcoin’s latest fork is just weeks away and this one’s a little different from the rest. Rather than simply tinkering with Segwit or adjusting block sizes, Bitcoin private (BTCP) is adding zk-Snarks. The privacy enhancing feature is best known for its use in the Z family of coins including zcash, zclassic, and zencash. That’s […]

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Republican Candidate Austin Petersen Accepts the Largest Campaign Contribution Paid in BTC

News This week the Republican Senate candidate Austin Petersen announced he accepted the largest federal election campaign contribution settled in digital currency. Petersen, a former Libertarian, has received a total of 24 cryptocurrency donations this year, and the largest was for 0.284 BTC ($4,500 USD). Also Read: U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure […]

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When Bitcoin Prices Dump Salty Buttcoiners Pop Bottles of Champagne

Featured Over the past few weeks, bitcoin markets have slid from the near $20K price region all the way down to $6K territory and there’s one crowd who is loving it every time bitcoin’s value dumps. The group called ‘Buttcoiners’ stem from the Reddit forum /r/buttcoin, and anytime something bad happens to bitcoin this band […]

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1950s prosperity or 1970s crash? Two ways a US interest rate rise could go | Business

An interest rates expert ponders outcomes for the US economy as the central bank looks set to end the era of cheap money ‘From the early 50s, there was a gradual upward trend in interest rates that did not interfere with economic growth.’ Photograph: Alamy Remember Quantum Leap? The sci-fi show where time traveling scientist […]

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Cryptocurrency prices hold steady as equities slide

Cryptocurrency prices extended a recent uptrend on Thursday, with the broader digital-currency complex advancing, as global equity markets staged a selloff. Market strategist have pointed to a recent correlation between stocks and cryptocurrencies, which has recently dissipated as investors appeared to resume their speculative investments in digital assets, most notably bitcoin cash, which rallied by […]

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Evidence people haven’t got a clue when they invest in bitcoin

It’s the investment that everyone is talking about — but how many of those investors actually know what it is? Online searches for the definition of bitcoin BTC, +11.95%   tend to spike right before the cryptocurrency’s value peaks and trail off when it drops, according to data from Merriam-Webster.com and Google Trends. Searches for […]

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Eye-popping Nvidia earnings send stock soaring, but automotive business still stalled

Nvidia Corp. reported full-year earnings Thursday that validated the huge increase in its stock price over the past two-plus years, but the final piece of the bull theory is still in neutral until at least later this year. Nvidia’s NVDA, -4.93%  numbers were eye-popping, especially for a company that has been public for nearly 20 […]

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World Central Banker to Central Banks: Bitcoin Is a Bubble, Ponzi, and Disaster

Featured General Manager of the Bank for International Settlements (BIS), Agustín Carstens, gave a talk at Goethe University in its House of Finance, Tuesday, 6 February in Frankfurt. Titled Money in the Digital Age: What Role for Central Banks?, the talk saw Mr. Carstens acknowledge “We have seen a bit of a shift, to issues […]

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Most cryptocurrencies are heading to zero, says Goldman analysts

How low can cryptocurrencies go after what has been an ugly start to the year for virtual assets? For some Goldman Sachs Group Inc. analysts, the answer is zero. Steve Strongin, head of Goldman’s research unit, painted a bleak picture for proponents of digital currencies, going as far as saying that many extant cryptocurrencies are […]

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