Federal Reserve Chairman Jerome Powell said he can envision a return to an era where multiple currencies are in use in the United States. During Powell’s testimony before the Senate Banking Committee on Facebook’s planned Libra cryptocurrency, he said: “The size…
Tag: Gold
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Bitcoin’s Price Counters the VIX, Confirming It’s Still a Risk Asset
Evidence is emerging that bitcoin has yet to truly earn its reputation as an “uncorreleated asset.” Case and point, bitcoin’s latest sell-off from $6,000 to nearly $3,000 was accompanied by a surge in the CBOE Volatility Index (VIX). The VIX measures the…
This Little Known Cryptocurrency Is Up Over 240% In 2 Weeks.. Insiders Say “It’s Just Warming Up”
What Is Dignity (DIG)? Recently Cryptobontix became the new owners of the token known as Unity Ingot. They have a few ideas on what they want to do with the formerly rolled out tokens and a new direction for this asset. In order for…
Bitcoin Dust: How to Tell If You Have It And Why You Should Get Rid of It
Imagine having a $100 bill in your pocket. Now, imagine $100 worth of pennies. Notice the difference? Bitcoin isn’t without its irritating kinks, and tiny bitcoin pieces called “dust” are among the lesser-known. As the analogy above shows, the bitcoin protocol…
Peter Thiel: Bitcoin Will Be the ‘One Online Equivalent to Gold’
Peter Thiel has once again endorsed bitcoin, which he recently argued is tantamount to digital gold. And much like gold, the billionaire co-founder of PayPal conjectures that the cryptocurrency is destined to be a store of value rather than a means…
Bitcoin vs Gold – Bitcoin is More Valuable Than Gold but Not as Stable
Bitcoin has had its ups and downs since its introduction in 2009, but it’s been on a rocket-ship ride of late. On Sunday, it surpassed the $4,000 mark for the first time. While their units of measurement are not comparable,…