Cryptocurrency Analysis and News Portal
The stock market has been a wild ride for investors this year and some prefer to stay away. Venture capitalists and angel investors explain how they make better money by selecting early-stage bets. David Cowan made a 100x investment on DropCam, which sold to Google. The stock market is
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AstraZeneca has announced that it will be distributing 400 million doses of Oxford University’s coronavirus vaccine from September. However, there are at least three reasons to suspect that the coronavirus vaccine may not work. No coronavirus vaccine has ever been produced, immunity may be short-lived, and it may actually
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Byrne Hobart, a CryptoX columnist, is an investor, consultant and writer in New York. His newsletter, The Diff (diff.substack.com), covers inflection points in finance and technology. The bull case for bitcoin as a store of value is simple: at first nobody owns it. Then it’s owned by people who are some
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Bitcoin and the S&P 500 may have strongly recovered from their March lows, but it’s been a dismal quarter for the world’s economies.Unemployment has skyrocketed, consumer confidence is crashing, and against the U.S. dollar, foreign currencies are falling off a cliff.The latter issue is especially pertinent in Turkey, where the
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U.S. stocks continue to reel over coronavirus-related fears, and investors are increasingly betting the Federal Reserve will slash interest rates to stabilize the economy and markets.But whether those investors turn to bitcoin (BTC) as a crisis hedge remains to be seen.Such action by the Fed could, in theory, help bitcoin
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Blockstack is integrating the security and the incentives of bitcoin to its ecosystem. CEO Muneeb Ali explains the changes.Last week, Blockstack announced a new proposal through which node operators would be rewarded in bitcoin. The concept behind Proof of Transfer is that, for the cryptoasset ecosystem to run, electricity should
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Controversial altcoin XRP is still “proving” itself, but Bitcoin (BTC) remains the recommended investment choice in the cryptocurrency world, Mike Novogratz says.In a series of tweets on Feb. 6, venture capitalist Novogratz, who is also CEO of the cryptocurrency merchant bank, Galaxy Digital, delivered modest praise of XRP and
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Many bold predictions about bitcoin’s price have been made over the years, but tech entrepreneur John McAfee’s 2017 claim that BTC would
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Two well-known Bitcoin (BTC) figures have resorted to a painfully public Twitter exchange to settle an argument over a $20,000 unpaid bet.The heated debate, which is ongoing, revolves around a pledge which investor Ronnie Moas made in 2018. Moas redistributes Ross Ulbricht BTCIf Bitcoin was not worth $28,000 by the
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In March 2018, shortly after bitcoin’s bull run to $20,000, a publicly-traded Chinese company invested 500 million yuan, worth $80 million at the time, to buy 100,000 bitcoin mining units. As the bear market kicked in during the months that followed, so, too, did a contract dispute, offering a rare window
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