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The Second-Richest Man in Mexico Invests 10% of His Liquid Portfolio in Bitcoin

Mexico’s second-richest man has become the latest wealthy individual to invest a large stake in Bitcoin. Ricardo Salinas Pliego, the billionaire business magnate, announced via social media that he has invested 10% of his “liquid portfolio” in the cryptocurrency. "Many people...

25/11/20

Visa CEO Intends to Enable Cryptocurrency Spending on the Visa Network

Visa boss says the company wants to play a central role in the development of cryptocurrency, which he says has significant potential in emerging markets where 1.7 billion people are “not banked in the mainstream banking system”. Visa is currently...

23/11/20

73% of Millionaires Want to Own Crypto but There Isn’t Even Enough Bitcoin for Every Millionaire to Own Half a Bitcoin Each

You don’t have to be a mathematician to run the numbers and see the likelihood of the Bitcoin price continuing to run a very long way seems high indeed. The Bitcoin fan base grows USD to drop by 20%? Infected Brexit Are gamers the...

23/11/20

How Bitcoin Prevents Double-Spending

You may have heard of the risk of a double-spend attack. Is the risk real? This guide explores what these attacks are and why they are very unlikely to threaten Bitcoin holders who take proper precautions. The double-spending problem Double-spending is the...

21/11/20

Will Bitcoin Devour Gold?

As more and more evidence mounts for the fundamentals underlying Bitcoin, increasingly gold bugs are flipping to Bitcoin. MicroStrategy’s Michael Saylor claims Bitcoin will take significant market share of Gold. J.P. Morgan produced a chart that shows Grayscale’s Trust alone holds more Bitcoin...

18/11/20

The Bitcoin Cash (BCH) Hard Fork: Here’s What You Need to Know

BCH has forked into two new chains, BCHA and BCHN. Can you claim new coins and will your new coins have value? Bitcoin Cash (BCH) has hard-forked, settling a longstanding difference in the BCH community about the cryptocurrency’s direction. On Sunday, November...

16/11/20

Bitcoin in the Spotlight as it Reaches Old Highs

Bitcoin price rises, vaccine news, Deutsche Bank taxes, and the changing shape of unemployment. Bitcoin blooms A vaccine for the economy Deutsche Bank wants to tax you at home Unemployment - a changing animal Next week's news Bitcoin hits heights not seen for almost two years Bitcoin...

16/11/20

When is the Right Time to Buy Bitcoin?

Are you waiting for the next crash in the Bitcoin price? You might just be waiting forever. With institutional adoption increasing rapidly and the fundamentals remaining stacked in Bitcoin’s favor, waiting becomes an increasingly risky game that can be easily...

11/11/20

Bitcoin Up Big Amidst Global Slump

The Fed remains concerned, the EU is more concerned, the Soros fund founder is apocalyptic and Bitcoin reaches fresh highs. The Fed speaks and the USD softens Europe re-enters economic winter The Dow and the Bear If someone’s losing, someone’s winning Next week's news The Fed...

09/11/20