Nick Chong

Following a period of two months of consolidation, Bitcoin underwent a strong breakout at the end of July that took it from the $9,000s to a high at $12,500. But since those highs in late August, Bitcoin has undergone a correction that brought it as low as $9,

The Los Angeles-based domain registrar service Namecheap on September 17th announced that it will be supporting Bitcoin payments made through BTCPay, an open-source, self-hosted cryptocurrency payment processor focused on security, privacy, and censorship-resistance. Namecheap chief executive Richard Kirkendall revealed the move in a tweet: This is not the company'

As of the morning of September 16th, cryptocurrency exchange Kraken has the approval to become "America's first crypto bank." Kraken's Chief Legal officer Marco Santori broke the news in a Twitter thread, outlining what this means for the long-time Bitcoin startup. Kraken is launching

Over the past two weeks, there have been fears that Bitcoin miners have become unprofitable. Early in the month, an image circulated online of Bitcoin miners liquidating thousands of coins, sparking fears of a so-called miner capitulation event. Recent blockchain data, however, indicates that this is far from the case.

It goes without saying that the concept of decentralized money and the U.S. Internal Revenue Service (IRS) are at odds. Hence, the U.S. tax agency has recently increased its efforts to crack down on tax crime enabled by Bitcoin and related technologies. In an August New York Times

It's no secret that many central bank officials are no fans of Bitcoin.  Jerome Powell, current Chairman of the Federal Reserve, framed Bitcoin as a "speculative store of value" in a 2019 speech in front of the U.S. Senate. Powell then dismissed fears that Bitcoin

When Twitter chief executive Jack Dorsey spoke to the Australian Financial Review in September 2019, he appeared interested in Bitcoin as a store of value, but unsure about its potential as a currency, stating that “it’s not functional as a currency. The peaks and troughs are like an investment

On September 4th, long-time Bitcoin investor Tim Draper confused his 144,000 followers when he tweeted out a promotional tweet about Bitcoin Cash.  "I recently purchased some BCH. So easy to buy/use. Go to http://Bitcoin.com. Thank you @rogerver_cash for this innovation. #bitcoin #BitcoinCash," the