It’s been a horrible year for cryptocurrency. Assets down an average of 90 percent, constant despair and each new day bringing fresh horror. Who’d want to be a bitcoin trader? But when you zoom out beyond the cryptosphere to gain some perspective, it turns out that crypto’s not doing so badly after all. With trillions […]
Castle Island Ventures partner and cofounder of Coinmetrics.io, Nic Carter, has had quite enough. Made crazy by mainstream media misunderstanding, ignorance, and downright falsehoods regarding cryptocurrencies, he took to Medium, making the case for why Bitcoin is not dead, again. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots “Bitcoin is Still a Total Disaster” […]
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A study has found that despite their volatility, cryptocurrencies do not endanger the financial system and the economy of Russia, as the risks are offset by the highly concentrated ownership of digital assets. Crypto fluctuations are not believed to affect consumption either. Russian residents have controlled cryptocurrency worth between $7.5 and $14 billion in the […]
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Cryptocurrency users are used to seeing more and more adoption of the instruments by companies. From time to time there are setbacks however, like Microsoft now reversing its previous bitcoin position. Also Read: Is Bitpay Bullying Other Bitcoin Wallets and Hurting Users’ Privacy? Microsoft’s About-Face on Bitcoin Technology giant Microsoft (NASDAQ:MSFT) has canceled a previous […]
Citing price volatility and transaction fees, Steam, the popular online gaming platform, is out of the bitcoin business effective 6 December. The world’s most popular cryptographic currency is ripping all economic textbooks apart, reaching price highs unimaginable just weeks, if not hours, ago. That, and a congested mempool with transacting costs to compound, means a […]
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