Tag Archives: Bitcoin

Federal Reserve Blames Altcoins for Dragging Down the Bitcoin Price

The Federal Reserve Bank of St. Louis has released an article today about Bitcoin. In it, the bank notes that the price of Bitcoin has three potential futures: indefinite, infinite appreciation; zero; or somewhere in between. They believe it will be somewhere in between. Continue reading Federal Reserve Blames Altcoins for Dragging Down the Bitcoin Price

Crypto Exchange CEO on Bringing Bitcoin Adoption to India

CCN had a conversation with Prashanth Swaminathan, the founding CEO of XDAT, a new Malta-based crypto exchange with eyes toward India and other markets. A native of India, he is an adviser to the Eleven01 project, which is an attempt at developing a regulated native blockchain in the country. Eleven01 enjoys support from several local government entities, as CCN has previously reported. Continue reading Crypto Exchange CEO on Bringing Bitcoin Adoption to India

Bitpay Executive: $20,000 Bitcoin Price in 2017 was an ‘Anomaly’

Bitpay CCO Sonny Singh has stated that the $20,000 bitcoin price at the back-end of 2017 and the price fluctuations throughout 2018 were a bit of “an anomaly”. He also agrees that bitcoin demand and usage were at a low last year and although crypto volatility has been a continuing trend into the new year, prices could still steadily rise over the course of 2019. Continue reading Bitpay Executive: $20,000 Bitcoin Price in 2017 was an ‘Anomaly’

Bitcoin is a ‘Fad,’ But Even NASA is Investing in Blockchain

Bitcoin birthed the concept of blockchain technology, and now even organizations as technologically advanced as NASA are considering its benefits. Yet cryptocurrency is often described as a fad, a bubble, and even worthless. Continue reading Bitcoin is a ‘Fad,’ But Even NASA is Investing in Blockchain

Bitcoin Investor Who Lost $1 Million: Crypto Still ‘a Force for Good’

A bitcoin investor who lost $1 million in the bear market still believes the original cryptocurrency is a “force for good.” However, Peter McCormack warns others to be more careful with their money. Continue reading Bitcoin Investor Who Lost $1 Million: Crypto Still ‘a Force for Good’