Bitcoin

Bitcoin prices have been trading close to the elusive $10,000 level for months. The price came close in early February, only to stall. At the time, Joe PiPasquale, hedge fund manager at BitBull Capital, noted that Bitcoin is stuck in a resistance zone. In recent months, gold has risen to new all-time highs. Why did […]

We live in a digital age. As such, the ideal currency should be one that has three specific characteristics as a matter of course: The currency should be free from control by any central authority. In this way, the currency cannot be devalued or printed at will. The currency should know no borders. It should […]

In times of need, governments have taken on debt and then printed money. By printing money, two things happen. The value of the currency falls, and as a result of inflation, so is the debt. Printing money creates inflation. Inflation, in turn, decreases the value of your dollars, be it investments, savings, or just the […]

The global economic engine is still staggering from the slowdown caused by COVID 19. It is still not clear just how damaging the pandemic really is. Restrictions have been placed on border freedoms, trade, import-export, as well as financial movements. Many businesses, regardless of size are having to face up to absorbing losses or ceasing […]

Bloomberg has recently released its commodity index and outlook, which shows some support for Bitcoin. The report went on to say there is reason to believe future commodity prices, with the exception of Bitcoin and gold, will continue on a downward path. Although Bitcoin is not a commodity, it is included in the June 2020 […]

In tandem with Wall Street, Bitcoin prices tumbled late last week. Bitcoin prices fell to a price close to $9,100, a drop of almost 6.4 percent, rekindling the often-debated issue of Bitcoin’s use as a store of value. At the same time that Bitcoin dropped, the S&P 500 index of larger U.S. stocks also lost […]

Digital payment systems are not new to Chinese shoppers. They find moving from shop to shop in Beijing or Shanghai with a smartphone app such as Alipay a lot easier than carrying a purse or wallet filled with Yuan notes. The Chinese government has recently embarked on a pilot program for a digital version of […]

Since Bitcoin halved in early May, the cryptocurrency has struggled to break over the $10,000 level. This is something that could be about to change. Since early 2020, the price of Bitcoin has gone up by about 30 percent. It is currently on track to be the best performing asset of this year. An anonymous […]

The current coronavirus pandemic is revealing serious problems with existing financial systems. COVID-19 is also revealing the benefits of Bitcoin. Although the many economies are slowly opening up, their stability remains unknown. There is little doubt that 2020 will long be remembered. Not only for the coronavirus and for the toll it took on humanity, […]