Monthly Archives: October 2018

Ron Paul: US FRS is going to “kill” dollar; gold and crypto are salvation

2018-11-01T00:02:35+00:00 31 October 2018|Tags: , , |

The former Congressman Ron Paul and of the most influential libertarian thinkers of our times urges US Internal Revenue Service (IRS) drop any regulations that stipulates charging taxes on crypto related business. He follows steps of Kim Dotcom, the founder of Megaupload site, who warns about coming financial turmoil in the world: “Many economists agree. [...]

The world celebrates 10-year anniversary of Bitcoin

2018-11-01T00:05:04+00:00 31 October 2018|Tags: , |

The Bitcoin was kicked-off exactly 10 years ago as crypto analyst citing an original message sent by the “father of Bitcoin” Satoshi Nakamoto. The people involved into crypto community found themselves in various conditions now. One of the founder of SilkRoad, the place in DarkNet that was using Bitcoin for illegal transactions, Ross Ulbricht serves [...]

Jonathan Koomey criticizes an idea that crypto mining consumes “too much el”

2018-10-30T19:35:41+00:00 30 October 2018|Tags: , , |

Energy researcher Jonathan Koomey believes that there is wide spread misconception about the volume of electricity being consumed during crypto mining. He actually challenges a number of reports aiming to prove another thesis. One of the recent papers moving in this direction is a report developed by a group of climate scientists raising an alarm that [...]

Tim Draper: I’m 100% convinced in Bitcoin for $250,000 by 2022

2018-10-29T23:25:50+00:00 30 October 2018|Tags: , |

The famous billionaire, crypto investor Tim Draper attended Crypto Invest Summit in Los Angeles where he proclaimed his total belied that Bitcoin would break $250,000 level by 2022 year. He substantiates his forecast through description of unique treaties of Bitcoin: “So right now, there’s $86 trillion of political currency. They call it ‘fiat’ currency, but [...]

Andy Cheung: Bitcoin awaits “something good”

2018-10-29T14:50:04+00:00 29 October 2018|Tags: , |

The Head of Operations at OKEx, the next Binance cryptocurrencies exchange in terms of crypto turnover, believes that there is “something good” may occur with Bitcoin. He points to the fact that Bitcoin bravely navigates amidst the financial storms prevailing at Wall-Street. The expert cites two milestones in Bitcoin development. One of them gets an origin [...]

Willy Woo: Bitcoin 60-day volatility reached 3,96%

2018-10-29T13:46:43+00:00 29 October 2018|Tags: , , |

A crypto analyst has summarized the figures describing the cryptocurrencies market at the end of October. Bitcoin volatility is declining one compared to USD/EUR pair, for example. Woo states that he did “an analysis of this in 2016, we were on track to approach FOREX volatility (NZDUSD pair to be precise) some time in 2019 [...]

Larry Cermak: Russia is a leading crypto nation

2018-10-27T22:43:38+00:00 28 October 2018|Tags: |

An analyst Larry Cermak has researched crypto turnover volume and found that “26,5% of all LocalBitcoins volumes are currently coming from Russia. Russia’s volumes are two times as high as the trailing Venezuela, which is at 12,2%.” As the analyst claims that “It’s becoming clear that Russia is starting to dominate LocalBitcoins volumes. This is [...]

Visa is ready to be on crypto board if crypto becomes payment instrument

2018-10-27T01:33:25+00:00 27 October 2018|Tags: |

Visa CEO Al Kelly made it clear the corporate view regarding adoption of cryptocurrencies by this payment provider. Kelly states that Visa will be ready to go crypto if cryptocurrencies moves from being as commodities to the payment instrument. This statement is very important since Visa CEO recognized legitimacy of cryptocurrencies considered as commodities. It [...]

Chris Larsen: cryptocurrencies may shield world from next financial crisis

2018-10-26T23:45:59+00:00 26 October 2018|Tags: , |

Ripple co-founder Chris Larsen believes that cryptocurrencies will help enhance the world economy and may help it to dismiss the risk of next financial crisis. Larsen who attended Money 20/20 conference held in Las Vegas stressed that “ten years out from the financial crisis, we still don’t have the infrastructure, perhaps, to prevent the next [...]

Coinbase and Bitfury may go IPO

2018-10-26T21:33:01+00:00 26 October 2018|Tags: , , |

As Ran Neuner states that US the most popular cryptocurrencies exchange Coinbase is going to announce its first Initial Public Offering (IPO). Coinbase has 25 million accounts, 7 million accounts with fiat or cryptocurrencies. There are 600,000 monthly trading accounts. The turnover of Coinbase was $90 million in III quarter while it's expected that this [...]

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