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“# Ray Dalio admits he ‘might be missing something’ about Bitcoin as it surges past $17K ” In a Twitter thread posted on Tuesday, Dalio stated he believed that Bitcoin (BTC) was not an effective medium of exchange nor a store of value due to its volatility. He also asserted that governments could outlaw crypto…
“# Bitcoin price will hit $65K as network effect has ‘taken over’ — Mike Novogratz ” Bitcoin (BTC) will hit $65,000 due to a combination of low supply and “tons of new buyers,” major investor Mike Novogratz says. In an increasingly popular Twitter debate on Nov. 17, Novogratz, who is well known for his prominent…
“# Actress Maisie Williams becoming the newest Bitcoiner? ” English actress Maisie Williams, best known for her role as Arya Stark in the HBO series Game of Thrones, may be joining the Bitcoin bandwagon. In a Nov. 16 message on Twitter, the actress asked her 2.7 million followers if she should go “long on Bitcoin.”…
“# Bitcoin chose decentralization and immutability over payments, says Fidelity ” “Bitcoin has failed as means of payment” is one of the prevalent criticisms of Bitcoin (BTC) that Fidelity Digital Assets is seeking to rebut. In a blog post published on Nov. 13, the firm took on six “persistent” criticisms, including Bitcoin’s volatility, environmental wastefulness…
“# Travelers can now get US passports in as little as 4 weeks with Bitcoin ” A California-based visa and passport processing company announced it would be accepting Bitcoin as a form of payment as the U.S. State Department’s operations are beginning to return to normal. According to a Nov. 6 announcement from passport and…
“# ‘Aussie Trump’ invests in Bitcoin as it’s the ‘millennial version of gold’ ” Cory Bernardi — a controversial figure the Sydney Morning Herald has referred to ‘Australia’s Donald Trump’ — has talked up Bitcoin in between Tweets challenging the results of the U.S. presidential election. In a Nov. 11 Tweet, Bernardi stated he had…
“# Bitcoin is peerless thanks to early distribution, CoinMetrics analysts argue ” Thousands of different cryptocurrencies have arisen in the since Bitcoin’s (BTC) 2009 genesis block. Even though newer assets come with different technology and new bells and whistles, Bitcoin still has an upper hand in a key category, according to a November report from crypto…
“# Bitcoin may pay out more than gold, says billionaire investor ” American billionaire Stanley Druckenmiller has changed course on Bitcoin, saying it has the potential to store value for future generations. Speaking on CNBC today, Druckenmiller said that, although he was still more heavily invested in gold than crypto, he had purchased at least…
“# Crypto ATMs continue to boom globally in 2020 ” In 2013 the world saw the debut of the first-ever Bitcoin ATM when a company called Robocoin placed a machine in a Vancouver coffee shop. Allowing customers to trade Bitcoin for cash, and vice versa, the machine saw $10,000 in BTC transacted on its first…
“# Fed calling for more stimulus is ‘code for buy Bitcoin,’ says Winklevoss ” The United States Federal Reserve is still unintentionally advertising Bitcoin, as Chair Jerome Powell argues for more money printing. In a tweet on Nov. 6, Tyler Winklevoss, co-founder of exchange Gemini, said that Powell’s latest speech this week was “code for…