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Moving in line with other central banks, the Bank of Spain is working to pursue digital currencies further, a new plan released on Friday indicates. The Spanish central bank, also known as Banco de España, released a strategic plan for its operations in the four years ahead. Along with noting
Macro investor Raoul Pal is adamant that Bitcoin will undergo exponential growth this cycle. In an interview with investment publication Stansberry Research last week, the former head of Goldman Sachs' hedge fund sales division said that Bitcoin is likely to reach a price of $1 million in the coming
Core to Bitcoin's role as an investment is its scarcity. With a disinflationary supply curve and a maximum supply of 21 million coins, the cryptocurrency derives much of its value from being scarce. Models such as those created by analysts like Plan B suggest this much is true.
News • Bitcoin • Oct 17, 2020
Core to Bitcoin's role as an investment is its scarcity. With a disinflationary supply curve and a maximum supply of 21 million coins, the cryptocurrency derives much of its value from being scarce. Models such as those created by analysts like Plan B suggest this much is true.
News • Bitcoin • Oct 17, 2020
Moving in line with other central banks, the Bank of Spain is working to pursue digital currencies further, a new plan released on Friday indicates. The Spanish central bank, also known as Banco de España, released a strategic plan for its operations in the four years ahead. Along with noting
News • Technology • Oct 16, 2020
Macro investor Raoul Pal is adamant that Bitcoin will undergo exponential growth this cycle. In an interview with investment publication Stansberry Research last week, the former head of Goldman Sachs' hedge fund sales division said that Bitcoin is likely to reach a price of $1 million in the coming
News • Bitcoin • Oct 15, 2020
Announced Friday morning, OKEx has frozen all withdrawals, from bitcoin to altcoin withdrawals. OKEx is a leading digital asset exchange that has processed over $3.35 billion in volume in the past 24 hours, data suggests. The company says that one of its "private key holders" is currently
News • Bitcoin • Oct 15, 2020
Bitcoin’s hash rate, a measure of network power, hit its zenith this week, which, according to Max Keiser, could signify the beginning of the end for fiat. Bitcoin's hash rate has annexed approximately 60% to its total hash rate since the halving in May, climbing from a
News • Bitcoin • Oct 14, 2020
Coinbase is finally looking to sponsor two Bitcoin developers through their Crypto Community Fund for the first time, the company announced Thursday. "Unlike most cryptocurrency projects, Bitcoin launched without a fundraise, while bootstrapping an entire industry. The open source community has provided critical support for Bitcoin development, with some
News • Bitcoin • Oct 14, 2020
According to Hans Hauge, Head of Quantitative Strategy at Ikigai Asset Management, publicly traded companies now hold bitcoin worth as much as Bitcoin's entire market capitalization in April 2016. In a tweet, Hauge said that "in April of 2016 #Bitcoin's market cap was $6.8
News • Bitcoin • Oct 14, 2020
In an announcement posted to the Mt. Gox domain on October 15th, trustee Nobuaki Kobayashi announced that the rehabilitation of the exchange has once again been delayed. He claimed that within the proposed rehabilitation plan, there are "matters that require closer examination," making it "necessary to extend
News • Bitcoin • Oct 14, 2020