カテゴリー: Economics

Academics Claim “Crypto-Colonialism” Rampant in Puerto Rico

Academics Claim "Crypto-Colonialism" Rampant in Puerto RicoAn opinion piece authored by academics representing Anglia Ruskin University and Trinity College Dublin have alleged that cryptocurrency mining operations are placing strains on Puerto Rico’s infrastructure. The article argues that Puerto Rico has not fully recovered from the damage reaped by Hurricane Maria, and that the island is ill-equipped to cope with the wave […]

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Half of Large British Businesses Hold Stockpiles of Cryptocurrency

Half of Large British Businesses Hold Stockpiles of CryptocurrencyA new poll of IT mangers at large UK businesses found that exactly half keep stockpiles of cryptocurrency for various reasons. Unlike what some might imagine, only a very small fraction of the companies that are holding bitcoin claim to be doing so as preparation for a ransomware attack. Also Read: Coinbase Develops Bitpay Competitor […]

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Bitcoin is “Under-Owned” Among Institutional Investors says Dan Morehead

Bitcoin "Under-Owned" Among Institutional Investors - Dan MoreheadThe CEO and founder of Pantera Capital, Dan Morehead, recently told media that bitcoin is “under-owned” by institutional investors despite high demand for cryptocurrency exposure. Mr. Morehead also predicted bitcoin to produce bullish price movements in coming weeks. Also Read: Markets Update: Cryptocurrencies Start Forming a Well Defined Uptrend Pantera Bullish on Bitcoin In a recent […]

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Forbes’ Inaugural Crypto Rich List Is Crass Yet Compelling

Forbes’ Inaugural Crypto Rich List Is Crass Yet CompellingOgling the fortunes of the filthy rich is a popular pastime with the poorer segments of society. It’s been that way for centuries, with 1849 marking the debut of Who’s Who, a 250-page guide “of living noteworthy and influential individuals, from all walks of life, worldwide.” In more recent years, Forbes has picked up the […]

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NFL Superstars Like to Talk About Bitcoin Just Like the Rest of Us

NFL Superstars Like to Talk About Bitcoin Just Like the Rest of UsWith the Super Bowl now well behind us, NFL players can today focus on what they really care about, bitcoin. You might have thought that locker room talk only cover sports and women, but an insider reveals that professional players actually like to discuss the ups and down of the cryptocurrency market between themselves. Also […]

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‘Black Monday’ Shows Bitcoin Isn’t As ‘Dangerous’ As Regulators Claim

'Black Monday' Shows Bitcoin Isn't As 'Dangerous' As Regulators ClaimLooking at mainstream media headlines over the past few weeks shows a lot of columnists and pundits have declared that ‘bitcoin’s bubble has burst.’ They always claim that it’s much safer to invest in traditional investments like equities or the stock market while at the same time highlighting cryptocurrency’s volatile price swings. However, on Monday, […]

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Number of People Looking for Crypto-Careers Increased 10-Fold in 2017

Number of People Looking for Crypto-Careers Increased 10-Fold in 2017New data from the UK shows that interest in crypto careers more than doubled in December 2017 when the all time high Bitcoin price record dominated headlines​. The average salary for roles requiring “Blockchain” expertise ranges from £30,117 per year for a Research Analyst to £67,209 per year for a Software Architect. Also Read: Vegetables […]

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Dr. Doom (Professor Nouriel Roubini) Calls Stablecoin Tether a Scam

Dr. Doom (Professor Nouriel Roubini) Calls Stablecoin Tether a ScamIt’s no longer just anonymous internet trolls calling out Tether on twitter. One of the most influential economists in the world today, Nouriel Roubini, has just entered the debate, coming down hard against the controversial company. Also Read: Analyst: IOTA Sharply Overvalued Due to “Overwhelming Evidence of Serious Flaws” Dr. Doom vs Tether Renowned economics […]

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Vouching Bitfinex and Tether’s Bank Accounts Hold Nearly $3 Billion USD

Vouching Bitfinex and Tether's Bank Accounts Hold Nearly $3 Billion USDZhao Dong, a prominent Chinese early bitcoin adopter and shareholder in Bitfinex, recently posted on Weibo seeking to provide anecdotal evidence as to the integrity of Bitfinex and Tether’s financial reserves. The post claims that Zhao Dong and Lao Mao, the chief executive of Big.one, have witnessed first hand the balances of Bitfinex and Tether’s […]

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Stripe is Withdrawing Support for Bitcoin Payments

Stripe is Withdrawing Support for Bitcoin PaymentsPayment processor Stripe is halting bitcoin support. Declaring that “there are fewer and fewer use cases for which accepting or paying with Bitcoin makes sense,” the online payments specialist is calling it a day on cryptocurrency for the time being. Over the past month, a handful of other companies have also rolled back bitcoin support, […]

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