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Global Macro Investor CEO Raoul Pal believes Bitcoin could outperform gold over the long term, arguing that while both stores of value benefit from inflation, Bitcoin has a significantly higher potential upside than the precious metal. At the Jackson Hole Symposium on Thursday, Federal Reserve chair Jerome Powell announced the
The U.S. Federal Reserve chair Jerome Powell gave the much anticipated Jackson Hole speech on August 27th. As strategists expected, Powell addressed inflation and the Fed’s intent to adjust its monetary policy. Theoretically, the speech should have buoyed the sentiment around Bitcoin and gold. The Fed said it
The Magical Crypto Friends, a collaboration between Litecoin creator Charlie Lee, Blockstream CSO Samson Mow, angel investor WhalePanda, and Tari Labs co-founder Riccardo Spagni, have revealed the dates for the first ever Magical Crypto Conference VR (MCCVR 2020), the first Bitcoin conference hosted completely in a virtual reality setting. MCCVR
Press Release • Bitcoin • Aug 27, 2020
The Magical Crypto Friends, a collaboration between Litecoin creator Charlie Lee, Blockstream CSO Samson Mow, angel investor WhalePanda, and Tari Labs co-founder Riccardo Spagni, have revealed the dates for the first ever Magical Crypto Conference VR (MCCVR 2020), the first Bitcoin conference hosted completely in a virtual reality setting. MCCVR
Press Release • Bitcoin • Aug 27, 2020
Global Macro Investor CEO Raoul Pal believes Bitcoin could outperform gold over the long term, arguing that while both stores of value benefit from inflation, Bitcoin has a significantly higher potential upside than the precious metal. At the Jackson Hole Symposium on Thursday, Federal Reserve chair Jerome Powell announced the
News • Bitcoin • Aug 27, 2020
The U.S. Federal Reserve chair Jerome Powell gave the much anticipated Jackson Hole speech on August 27th. As strategists expected, Powell addressed inflation and the Fed’s intent to adjust its monetary policy. Theoretically, the speech should have buoyed the sentiment around Bitcoin and gold. The Fed said it
News • Economy • Aug 27, 2020
The Bitcoin price has been testing the $11,400 support area since August 26th. In the near term, two key on-chain metrics could raise the probability of an extended consolidation phase. The last time Bitcoin repeatedly tested the $11,400 support level was August 12th. At the time, Bitcoin rebounded
News • Bitcoin • Aug 27, 2020
According to data from stock-to-flow (S2F) creator PlanB, Bitcoin recorded a 100% gain or more in five of the past ten years. Bitcoin’s strong long-term performance strengthens the DCA (Dollar Cost Averaging) approach that has enjoyed increased popularity amongst bitcoiners in recent months . Cost Averaging is More Effective With
News • Bitcoin • Aug 26, 2020
This column does not necessarily reflect the opinion of the editorial board or the BTC Times and its owners. "Ethereum is garbage." - Samson Mow I'd call it a dumpster fire, but a dumpster implies containment. Ethereum is more like the Deepwater Horizon oil spill, an
Opinion • Bitcoin • Aug 26, 2020
One 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, 2020
Earlier 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, 2020