The Outline:
Bitcoin is the default currency on the dark web — but the speculators driving the current bubble are making it difficult to use Bitcoin for actual transactions. “Fuck you Bitcoin,” one buyer commented on the dark-web subreddit. “Went to do a direct ...and more ... Futurism:
The move by the second largest bank in the US is part of a growing movement to incorporate crypto into traditional financial models.and more ... The Atlantic:
A bar of gold. A disk of iron. A chain of beads. A card of plastic. A slip of cotton-linen paper. These things are worthless. One cannot eat them, or drink them, or use them as a blanket. But they are valuable, too. Their value comes from the simplest ... Concord Monitor:
I would have to spend all my time updating them,” said Kirk McNeil, owner of Concord bar Area 23, which had the ... first bitcoin ATM and is probably the local business most associated with the crypto-currency. As is the practice at most bitcoin ... Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News):
... at changes to the law which would effectively criminalize exchanges in a method similar to China. “We are actively considering ways to prohibit transactions on domestic exchanges by judging virtual currency trading as a deceptive means of ...and more ... Forbes:
Bitcoin has risen 180% since the exchanges announced their plans at the end of October and the crypto markets now sit at over $420 billion in combined capitalization. Wall Street has been clamoring to trade the volatile asset class in a more recognized ... Forbes:
With the price of Bitcoin rising to a new record and in touching distance of the $13,000 mark, a respected FX and crypto trader believes that while the digital ... value is unlikely to be slowing in the near future, “Bitcoin will not be able to ... eWeek:
7 with the extremely volatile price of Bitcoin, the popular Coinbase exchange site struggled with availability issues. The dramatic rise in the value of Bitcoin over the last 60 days has put increased pressure on crypto-currency trading sites to handle ... Bloomberg:
About 40 percent of bitcoin is held by perhaps 1,000 users; at current prices, each may want to sell about half of his or her holdings, says Aaron Brown, former managing director and head of financial markets research at AQR Capital Management. (Brown ...and more ... Bloomberg:
If bitcoin is the funding currency for the next generation of internet protocols, I can ballpark its value. The internet represents 6 percent of the global economy, and crypto has the potential to significantly expand the value of internet activity ...and more ...
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