The prices of three leading anonymous and privacy-focused cryptocurrencies Dash, Monero, and Zcash have surged in South Korea, amidst local market's concerns over the South Korean government's plans to impose gains taxes on cryptocurrency investm
Charlie Lee, the creator of the world's fifth-biggest cryptocurrency, Litecoin, announced shortly after midnight that he was cashing in his profits after a torrid, 9,300% rally in the past 12 months. In a post on reddit, the San Francisco-based sof
Well that didn't take long - Bitcoin is back at $17,000; Bitcoin Cash +60% at $3,500....
There is some logic as the forked currency gains over $1000 so the original Bitcoin loses that 'dividend'...
The risk with Bitcoin is that the government could simply change the definition of money. That is what they did to me back in 1980 because I was one of the three main market-makers in gold (perhaps the biggest). It was all a hunt for taxes, not conce
Dollar hegemony as the world reserve currency is unwinding and coming to an end. While major monetary changes are ahead, the direction that things will go is still far from certain. We know that government and central banks want to get rid of cash be
Every successful new technology undergoes a Cambrian Era-style explosion of growth in which we try to use it for everything. Email, search, social networking--each passed through its "this will solve all our problems!" phase before we figured ou
I've posited my conspiracy theory of how Blockstream and others may have surreptitiously hijacked bitcoin. But, whether that is the case or not, one thing is absolutely for sure; Bitcoin has changed dramatically in the last year from its initial in
Very quietly, in the last few days, cross currency basis swaps (CCBS) related to the dollar have reversed their rise and started collapsing deeper into negative territory… again.
Back in May when the Chinese domination over Bitcoin was ending, we predicted that it would shift over to Japan, specifically, we said that "just as the Chinese bubble frenzy in bitcoin is fading, it may be replaced with a new one, in which thousands
. William Engdahl | December 8, 2017 10 Comments
William Engdahl explains how the China Belt Road project is far more than steel and ports. Together with Russia, China is carefully laying the ground-work to create a gold-based payment system th
Nobody was quite sure what would happen when the futures markets opened on Sunday night. We now know.
This evening, CBOE futures launched. These Tweets describes the result.
The gradual acceptance of digital currencies, with major exchanges about to launch bitcoin futures trading, may prompt some oil producing nations to ditch the US dollar in crude trade in favor of cryptocurrencies, an oil analyst says.
In the latest indication that the cryptocurrency market top has arrived, a 30-year-old IT professional in New Zealand – who didn't want his identity revealed, presumably for fear he would be targeted by criminals (or worse: tax collectors) – so
This one is almost too ridiculous to believe.
Recently a new bill was introduced on the floor of the US Senate entitled, pleasantly,
"Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017."
I've seen a lot of headlines like these lately, and so I'll take a moment to point out how wrong-minded they are. To compare Bitcoin (or any cryptocurrency) to a company is just wrong.