Recap | US Treasury Secretary: Bitcoin a “national security issue,” cryptocurrency dominated by illicit activity and speculation

US Treasury Secretary: Bitcoin a “national security issue,” cryptocurrency dominated by illicit activity and speculation

US Treasury Secretary: Bitcoin a “national security issue,” cryptocurrency dominated by illicit activity and speculation

Following President Trump’s derisive tweet about Bitcoin, U.S. Secretary of the Treasury Steven Mnuchin held a briefing on regulating Bitcoin and Facebook’s Libra because of their use in criminal activity and the threat they pose to the financial system.

4 min read →


After the recent drop is Ethereum, XRP and Litecoin due for a rebound?

After the recent drop is Ethereum, XRP and Litecoin due for a rebound?

40-years trading veteran Peter Brandt stated that if Bitcoin continues retracing it could violate the “parabolic phase” that started in December 2018 and fall up to 80 percent from current levels, taking Ethereum, XRP, and Litecoin down with it.

5 min read →


Bitcoin fell below $10,000; Ethereum, Litecoin, Bitcoin Cash devastated, XRP holds

Bitcoin fell below $10,000; Ethereum, Litecoin, Bitcoin Cash devastated, XRP holds

From a local peak on July 12, Bitcoin tanked from a high of $11,950 to a low of $9,857. Meanwhile, most altcoins experienced even larger double-digit losses.

3 min read →


Bitcoin network hashrate sees fastest growth in history

Bitcoin network hashrate sees fastest growth in history

The Bitcoin network hashrate reached its all-time high this month, reaching 74.5 EH/s on Jul. 5. The hashrate has also recorded its fastest growth in history, Binance Research revealed, increasing by 13.11 EH/s in the past month.

2 min read →


Nouriel Roubini lost his cool during debate with BitMEX CEO Arthur Hayes

Nouriel Roubini lost his cool during debate with BitMEX CEO Arthur Hayes

The first videos of the highly anticipated debate between Dr. Nouriel Roubini and Arthur Hayes have been released, showing the affectionately called Dr. Doom losing his cool when the topic of Bitcoin’s scalability was discussed.

3 min read →


ICYMI

🏦 Donald Trump: If Facebook wants to become a bank, they must be subjected to all banking regulations

🔥 Binance pledges to burn its entire team allocation of BNB, over $2 billion to be burned

🤦🏻‍♂️ Algorand misrepresents its performance against Bitcoin

📈 Modeling altseason, estimating Ethereum, XRP, Bitcoin Cash, Litecoin prices using BTC dominance


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