Join us this Wed: 15 June. Bitcoin for Beginners IRL 15 June Wednesday Location: MinNAture Sg Wang Plaza Level One, KUALA LUMPUR. Date: 15 June 2022, WednesdayTime: 7pm – 10pm Come learn what Bitcoin isn’t what Bitcoin actually is why does Bitcoin have value why Bitcoin is here to stay for centuries to come what […]
Last week, the U.S. Treasury’s top official for financial oversight urged lawmakers on Capitol Hill to act fast to protect not just investors but the entire financial system to risks posed by stablecoins. The bigger issue that the U.S. Treasury undersecretary for domestic finance has identified, is what exactly those stablecoins are invested in to. […]
While bitcoin has been subject to the same criticisms that gold has endured – that it doesn’t do anything, pays no interest or dividends and doesn’t reflect the performance of the economy, it has been feted as a store of value. Both gold and bitcoin are also seen as protection against the systematic debasement of […]
Bitcoin’s growing susceptibility to macro events was on full display this weekend as it fell far more sharply compared with altcoins. Because more institutional investors are involved with bitcoin now than at any other point in history, the odds are that bitcoin will be more susceptible to macro shifts is a given, and with […]
Fidelity Investments puts in a bid to launch a bitcoin ETF with real bitcoin inside in the U.S., even as it launches one in Canada. FBTC is scheduled to launch on the Toronto stock exchange on Thursday and comes more than eight months after it filed with the SEC to launch a similar spot bitcoin […]
Zuckerberg and friends are going to build their own world where anyone can spend their (hard earned?) meta dollars or whatever it will end up being called. Meta’s push into the metaverse will be a significant step to attempt to standardize the consensus of reality so that value can be harvested from users in even […]
China’s ban on cryptocurrency mining in May was exactly what the industry needed to trigger an exodus of miners and a global race to relocate millions of the ASIC (application specific integrated circuit) machines that secure the blockchains of cryptocurrencies. The crackdown by Beijing, far from undermining bitcoin, has probably done more to secure the […]
Since the U.S. President Joe Biden signed the landmark infrastructure bill into law, concern in the cryptocurrency community is growing around tighter regulations and more onerous declaration requirements for tax purposes. The bill includes a provision that would make it retroactive to the infrastructure bill’s signing as well, to ensure complete coverage. It’s […]
US regulators on Friday rejected a high-profile attempt to list a bitcoin-based exchange traded fund on Wall Street. The SEC has remained consistent in its rejection of a spot-based bitcoin ETF, given that it remains concerned over the lack of a major regulated exchange for bitcoin. In an unsurprising move, the U.S. Securities […]
On Wednesday, just as U.S. CPI data saw prices rise at their fastest rate since 1990, bitcoin rocketed to a record high? Bitcoin’s inflation hedge credentials have been burnished for as long as it’s been around and was touted as its reason for being in the aftermath of the 2008 financial crisis With […]