Distrust of the Bolivar Prompts Venezuelans to Seek Sound Money

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There’s a small team of committed researchers and activists called the Ryver Bitcoin Cash group surveying Venezuelans, and giving them educational resources about the benefits of bitcoin cash. The Venezuelan country has been suffering from rapid inflation and many people distrust the sovereign bolivar. Unfortunately, most Venezuelans are not getting any exposure to digital currency … Read moreDistrust of the Bolivar Prompts Venezuelans to Seek Sound Money

How Prime Brokerage Will Affect Crypto Exchanges

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Prime brokerage firms are coming for crypto in what’s likely to be a race of winner-takes-almost-all. Goldman Sachs is synonymous with institutional wealth and power, even to those who’ve never purchased a financial product in their life. Like the eponymous tower it occupies in Jersey City, Goldman Sachs dominates the prime brokerage trade. What will … Read moreHow Prime Brokerage Will Affect Crypto Exchanges

Nature Abhors a Vacuum: Why Trump’s Proposed Negative Rates Bode Well for Bitcoin

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In a recent tweet, U.S. president Donald Trump delved into an explosive, all-caps-loaded mini-rant about the necessity of getting “interest rates down to ZERO, or less.” The bombastic politician stressed the need for America to refinance its debt, trailing off with some superficially conservative speak about the U.S. and its “great currency, power, and balance … Read moreNature Abhors a Vacuum: Why Trump’s Proposed Negative Rates Bode Well for Bitcoin

Crypto Facilitates Money Transfer for Restricted China

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Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal for nationals to send over $50,000 in fiat money in a day, without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in the midst of political unrest mean that … Read moreCrypto Facilitates Money Transfer for Restricted China

Local.Bitcoin.com Gathers 56K Accounts and $200M Worth of Trades Initiated

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Three months ago, Bitcoin.com launched its over-the-counter BCH marketplace on June 4. Since then, Local.Bitcoin.com has aggregated more than 56,000 accounts, gathering traders from all over the world executing thousands of BCH trade offers. Also Read: Plans to Build $50M Bitcoin Cash Tech Park Revealed 56,000 Local.Bitcoin.com Accounts and Growing Since launch the peer-to-peer marketplace … Read moreLocal.Bitcoin.com Gathers 56K Accounts and $200M Worth of Trades Initiated