Winklevoss Twins Foster Mainstream Adoption with Bitcoin Giveaway

Winklevoss Twins Foster Mainstream Adoption with Bitcoin Giveaway

Now that bitcoin has taken center stage in the United States, Gemini Co-Founders Cameron and Tyler Winklevoss are doing their part to hasten mainstream adoption. Tyler tweeted his latest challenge, the reward for which is 1 BTC. At the current rate, that amounts to roughly $9,700. By the time the contest is over, however, the…

China’s Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally

China’s Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally

Besides fat-fingered whales, the other species HODLers should learn to fear are large-scale Bitcoin miners whose electricity cost is zero. The reason? Their break-even point is low enough to depress the fair market value of the Bitcoin price, dashing the asset’s seven-figure ambitions. Just this week, Chinese police busted a gang of Bitcoin miners that…

Breaking: Donald Trump Bashes Crypto, Says He’s No Fan of Bitcoin

Breaking: Donald Trump Bashes Crypto, Says He’s No Fan of Bitcoin

President Donald Trump just tweeted about bitcoin, Libra, and cryptocurrency for the first time ever. It’s the most high-profile mention cryptocurrency has ever received. He’s not a fan: I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto…

Barry Silbert Predicts Altcoin Price Explosion to Catch Bitcoin Rally

Barry Silbert Predicts Altcoin Price Explosion to Catch Bitcoin Rally

Large cap altcoins have appreciated nicely against the US Dollar in 2019. Their gains however, have paled in comparison to Bitcoin’s bullish rally this year. But Digital Currency Group CEO Barry Silbert said in a tweet Wednesday that he expects the market value of quality altcoins to catch up to the Bitcoin price boom sometime…

Winklevoss Twins: ‘It’s the Bottom of the First Inning’ for Bitcoin

Winklevoss Twins: ‘It’s the Bottom of the First Inning’ for Bitcoin

Cameron and Tyler Winklevoss have big plans for the crypto exchange, Gemini, not to mention their expectations for bitcoin. In a panel discussion with “Bitcoin Billionaires” author Ben Mezrich and The Wall Street Journal’s Paul Vigna, the Winklevosses discussed bitcoin and the crypto landscape. In what appears to be a packed house, they left no…

Your Old Baseball Cards Are a Better Store of Value Than Bitcoin

Your Old Baseball Cards Are a Better Store of Value Than Bitcoin

One of the primary arguments in favor of bitcoin is that it is a “store of value.” It makes sense on the surface, but when one digs into the meat of this claim, it comes up with less beef than a Beyond Meat burger.Evaluating Bitcoin as an Investment CommodityThe category of “investment commodity” refers to…

You’ve Got to See What Edward Snowden Just Said About Bitcoin

You’ve Got to See What Edward Snowden Just Said About Bitcoin

After saying last year that Bitcoin itself probably wouldn’t exist in the long run, Edward Snowden appeared at the Bitcoin 2019 conference to discuss the ways that Bitcoin helps people in a world of increased surveillance. Snowden: I Bought Servers with BTC to Protect Privacy Snowden admitted that he had used the dominant cryptocurrency to…