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Coinbase’s CTO Predicts Sixty Fold Increase in Cryptocurrency Adoption
Bitcoin
Coinbase’s CTO Predicts Sixty Fold Increase in Cryptocurrency Adoption
A recent tweet from Coinbase’s Chief Technology Officer has sparked a heated debate over the potential upside of Bitcoin technology. Most notably, the tweet indicated that the cryptocurrency user base should grow massively and increase – not two-fold, three-fold, or even four-fold – with a whopping factor of sixty. This is not the first time that Coinbase’s CTO, Balaji Srinivasan, has ignited a fierce Twitter discussion. Srinivasan helped found 21…
Australian Punter Bets Millions That Bitcoin Price Will Overtake Berkshire Hathaway Stock
Bitcoin
Australian Punter Bets Millions That Bitcoin Price Will Overtake Berkshire Hathaway Stock
After going through some torrid times in 2018, bitcoin, the mother of all virtual currencies is trading around $6,250 at press time. Meanwhile, Berkshire Hathaway, an investment conglomerate, holding assets that are worth almost three times as much as the entire crypto industry, is soaring with a single share trading for $288,000. Headed by the outspoken crypto naysayer Warren Buffett, the financial giant is firmly standing alongside the most prominent…
Trump Orders to Create a New Task Force that Fights Financial Crime Including Cryptocurrency
Bitcoin
Trump Orders to Create a New Task Force that Fights Financial Crime Including Cryptocurrency
Donald Trump wants to tackle fraud with the creation of a new task force to look at market integrity and combat financial crimes including those connected with digital currencies. As Donald Trump begins his visit to the UK this weekend, an executive order was issued yesterday in which the president has given orders to the Attorney General to create a Department of Justice task force composed of a number of…
Bitcoin Still Remains the Best Option for Crypto Investment, Says Wall Street Trader
Bitcoin
Bitcoin Still Remains the Best Option for Crypto Investment, Says Wall Street Trader
Bart Smith, the head of digital assets at trading giant Susquehanna, told that BTC remains the best option for those willing to invest in virtual currencies due to its functionality and widespread use. He called bitcoin “the currency of the Internet” and praised its numerous real-world use cases, such as cross-border payments or bitcoin ATMs, introduced in Europe for the first time in June. BTC remains the undisputed lynchpin of…