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Investor Bill Miller, whose flagship mutual fund in 2020 beat the S&P 500 for the straight second year, said he believes bitcoin could replace cash and markets are underpricing inflation risk.“Warren Buffett famously called bitcoin rat poison. He may well be right. Bitcoin could be rat poison, and the rat
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Quick take:Kim Dotcom is bullish on Bitcoin Cash (BCH)He expects the digital asset to be valued at $3k and above by next yearHe cites crypto adoption as one reason Bitcoin Cash (BCH) will thriveAccording to Kim Dotcom, Bitcoin Cash is faster and cheaper to transact when compared to BitcoinRenowned internet
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A bill proposed by Australian lawmakers to ban the use of cash for transactions over $10,000 has been killed by a unanimous Senate vote. One Nation Senator Malcolm Roberts brought the motion to remove the bill today after more than a year of trenchant opposition to it from a cross section
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With bitcoin’s price hitting a new all-time high on Monday, retail investors will inevitably want to get in on the original crypto asset.That said, for first-time buyers and seasoned investors alike, it is important to be careful about any extraneous costs that might eat into gains. That goes double for
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A team of anonymous developers is making what might be called a fork of a project that never launched.Readers of this post will likely see a strong earnings opportunity here, but please be careful.Basis Cash is based on the stablecoin Basis (originally known as Basecoin) that had $133 million in
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It comes only a year after Ripple announced its partnership with MoneyGram getting a 17% stake in the company’s outstanding shares. Over the last year, Ripple has reportedly paid around $52 million to MoneyGram.In one of the major developments, San Francisco-based blockchain startup Ripple shall be cashing out 33% of
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Galaxy Digital’s bitcoin funds raised $58.7 million in their first year as predominately high-dollar buyers staked their claim to the surging cryptocurrency. The institutional fund in particular appears to capture high-rollers’ spiking interest in bitcoin. With a minimum investment of $250,000, the $55 million fund attracted 33 investors for an
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When demand from these two sources alone exceeds the entire supply of newly minted bitcoins, expect serious supply pressure to follow.Our main discussion: a narrative shift, growing attention and a bitcoin shortage. What happens when demand exceeds supply and supply is being gobbled up aggressively by new market actors? That’s
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According to the CEO of the company, Ham Serunjogi, Chipper Cash has partnered DriveWealth, a US-based services company to provide access to its users starting from those based in Nigeria to purchase U.S stocks.Chipper Cash, an African-based P2P payment service platform currently operating in seven countries, has raised a whopping
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The Bitcoin Cash network, a result of a hard fork from Bitcoin, has split into two new blockchains, again. At press time, Bitcoin Cash ABC (BCH ABC) has received no hashpower, meaning that it is possible Bitcoin Cash Node (BCHN) will become the dominant software of the Bitcoin Cash network,
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