Nick Chong
Nick is a writer and analyst who has been following Bitcoin since 2013. When he is not writing, he works on HTC's Bitcoin phone, EXODUS.
Stablecoins, cryptocurrencies tied to the value of an underlying asset like the U.S. dollar, will likely soon face regulatory pressure as central banks and other regulatory agencies notice their ascent. Andrew Bailey, the incumbent Governor of the Bank of England, announced the central bank's intent to regulate
News • Bitcoin • Sep 02, 2020In 2014, engineer Pieter Wuille abandoned his post at Google to join the Bitcoin development company Blockstream as a co-founder and core engineer. The developer is now moving on to Chaincode Labs, a research and development group focused on Bitcoin and related technologies. His exact job title is currently unknown.
News • Bitcoin • Sep 01, 2020On August 27th, Federal Reserve Chairman Jerome Powell delivered his much-awaited speech on U.S. monetary policy. Analysts say that Powell’s comments, which indicated that increased and continued inflation should be expected, are set to bolster Bitcoin's long-term price trajectory. What Did Jerome Powell Say? Jerome Powell&
News • Bitcoin • Aug 31, 2020One of the world’s largest asset managers, Fidelity Investments, is doubling down on its involvement in Bitcoin as the cryptocurrency has continued to gain traction on Wall Street. Forbes reported on Wednesday that the company has filed paperwork with the U.S. Securities and Exchange Commission (SEC) for a
News • Bitcoin • Aug 25, 2020Earlier this year, fears were rife on Twitter of a Bitcoin "miner capitulation" in response to the March price crash and the block reward halving just months later. After the halving, certain analysts argued that the median miner was in the red as long as bitcoin traded below
News • Bitcoin • Aug 25, 2020The debate that started between members of the Bitcoin and Ethereum communities has continued into its second week. After worries about the extent of ether's circulating supply were largely put to bed by efforts sponsored by Kraken's Pierre Rochard, the focus has now shifted to Ethereum
News • Altcoins • Aug 23, 2020Long gone are the days that Bitcoin was an asset almost solely used by niche tech-savvy communities. Now, after more than a decade of parabolic growth, Bitcoin has gone mainstream, regularly gracing the front pages of mainstream media outlets like Bloomberg and CNBC. With Bitcoin reaching mainstream recognition, it'
Feature • Bitcoin • Aug 21, 2020MicroStrategy, a business services company based in Virginia, made history this week when it became the first public company to ostensibly purchase bitcoin as an investment. As the BTC Times reported, the company scooped up 21,454 bitcoin with $250 million USD from their balance sheet. The move was hailed
News • Bitcoin • Aug 13, 2020