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FED Chairman Admits the Institution Prints Money Digitally

18 May 2020 1 minute read 2 comments Jeremy Wall

Sunday, May 17, 2020: Federal Reserve Chairman, Jerome Powell, said in an interview with 60 Minutes (the oldest and most-watched newsmagazine on television), that the Federal Reserve simply prints money digitally and will continue to do so as long as...

Elon Musk Revealed How Much Bitcoin He Owns

18 May 2020 1 minute read 0 comments Jeremy Wall

Elon Musk – tech entrepreneur, engineer, and founder of Tesla, SpaceX, and more – recently revealed his Bitcoin (BTC) holdings to the world while participating in a CryptoTwitter squabble trying to educate J.K. Rowling about Bitcoin.  In response to...

Harry Potter Author Asks About Bitcoin

18 May 2020 1 minute read 2 comments Jeremy Wall

Over the weekend on May 15, 2020, Harry Potter author, J.K. Rowling took to Twitter where she responded to a tweet from journalist Leigh Cuen, asking for an explanation on Bitcoin.  Rowling was met with an exuberant onslaught of commentary from the...

Robert Kiyosaki Bets on $75K Bitcoin by 2023

18 May 2020 1 minute read 0 comments Jeremy Wall

Robert Kiyosaki, author of the popular personal finance book series, “Rich Dad, Poor Dad”, proclaimed that Bitcoin will surge to $75,000 as the US economy dies amid the global pandemic. In a viral Tweet, Kiyosaki revealed that he’s buying more gold,...

DigiByte Founder Takes a Break from the Project

18 May 2020 1 minute read 1 comment Jeremy Wall

DigiByte Founder, Jared Tate, announced Friday (May 15, 2020) that he’s temporarily stepping down from his leading CEO role and daily operations at DigiByte.   Tate’s departure comes shortly after DigiByte (DGB) rallied by 900% in roughly six weeks,...

Coinbase Adds New Cryptocurrency To Its Pro Exchange

15 May 2020 1 minute read 0 comments Abhimanyu Krishnan

On May 14, Coinbase announced that it would add a new token, OmiseGO (OMG), to its professional trading platform, which usually precedes the addition of a token to its basic platform. Deposits will start on Monday, May 18, with full trading beginning...

Bitcoin Account with 4.3% Interest Available to 80,000 Germans

15 May 2020 1 minute read 4 comments Abhimanyu Krishnan

Crypto-friendly German bank Bitwala on May 12 introduced a new product to its customers: a Bitcoin (BTC) interest account that gives users the opportunity to earn 4.3% on their Bitcoin holdings.  The bank hints at the motivation for the new product,...

HEX, the Next Bitconnect, Nears $1B Market Cap

15 May 2020 1 minute read 20 comments Abhimanyu Krishnan

Cryptocurrency project HEX, which has been denounced by some in the cryptocommunity, has experienced a sudden surge in its market cap. The project and its founder, Richard Heart, have been on the receiving end of a large amount of criticism, and the...

Visa Considered Ethereum for a Digital Currency

15 May 2020 1 minute read 2 comments Abhimanyu Krishnan

A patent application published by Visa on May 14 shows that the financial company is considering launching its own digital currency. The patent for a blockchain-based digital currency was filed at the U.S. Patent and Trademark Office on May 14, but w...

Coinbase Sees DEXs as the Future in new report

15 May 2020 1 minute read 4 comments Abhimanyu Krishnan

On May 14, US-based cryptocurrency exchange Coinbase published a new report that shed light on some major developments in the blockchain and cryptocurrency space. Most notably, Coinbase has said that while there is still a few years to go, the decent...