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Cryptocurrency
230 Economists Warn the US Government’s Proposed Inflation Reduction Act Will Fuel
Last week, Democrats unveiled climate and health care legislation called the “Inflation Reduction Act,” and there’s a lot of debate over the name of the proposed public policy measures. After the legislation was revealed, 230 economists sent a letter to the country’s House and Senate leaders warning that the proposed policies will…
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Bitcoin Price Outlook for August: BTC Faces Some Important Tests in the Coming Weeks –
Exactly one month ago today, bitcoin was trading below $20,000 per unit as crypto markets continued to react to growing levels of inflation and central bank policy. However, a month later, the world’s leading crypto token has moved above $23,000, despite consumer prices rising to multi-decade highs. So with this in mind, where could…
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Dogecoin Is Elon Musk’s Favorite Cryptocurrency, Here’s Why | Bitcoinist.com
Billionaire Elon Musk has been Dogecoin’s biggest supporter, and he has not been shy to say it. It was indeed the SpaceX CEO’s tweets that triggered the bull rally that saw the meme coin hit a high of $0.7 last year before starting its slow downtrend. However, even with the fact that Dogecoin has seemingly lost most…
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The Great Wall: Why China’s Central Planners Can’t Handle Bitcoin
This is an opinion editorial by Andrew A, a Bitcoin educator and contributor to Bitcoin MagazineMuch like the tragic figures of Greek mythology, China has a long and storied history of snatching defeat from the jaws of victory. Its ruling class, in particular, has always had an insatiable appetite for self-flagellation. Banning bitcoin is just…
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Which Developed Country Will Be The First To Adopt Bitcoin?
This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Jeff Ross to talk about why he thinks we are still in a bear market and which country he thinks is going to be next to adopt bitcoin as a reserve asset.Watch This Episode On YouTube Or RumbleListen To The Episode Here:Q: China…
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India Freezes Crypto Exchange Wazirx’s Bank Assets — Binance Claims Acquisition of Wazirx
A major Indian cryptocurrency exchange, Wazirx, has had its bank assets of more than $8 million frozen by the Directorate of Enforcement (ED). The exchange was supposedly acquired by Binance in 2019. However, Binance CEO Changpeng Zhao (CZ) now claims that the acquisition was “never completed.” Wazirx, however, maintains that it was…
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What will cryptocurrency market look like in 2027? Here are 5 predictions
The year is 2027. It’s a time of great innovation and technological advancement, but also a time of chaos. What will the crypto market look like in 2027? (For those unfamiliar, that's a line from the 2011 video game, Deus Ex.)Long-term predictions are notoriously difficult to make, but they are good thought experiments. One year is too short a…
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Another court case fails to unlock the mystery of bitcoin’s Satoshi Nakamoto
Who is Satoshi Nakamoto? The mysterious inventor of bitcoin is a renowned figure in the world of cryptocurrency but his true identity is unknown.However, the British blogger Peter McCormack was certain about one thing: the answer isn’t Craig Wright.For years Wright, an Australian computer scientist, has claimed that he is Satoshi, the…
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