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Chamath Palihapitiya Sees Bitcoin as a Hedge Against Economic Uncertainty

Chamath Palihapitiya Sees Bitcoin as a Hedge Against Economic Uncertainty

Chamath Palihapitiya, the founder and CEO of Social Capital, reveals that Bitcoin acts as a hedge against global uncertainty caused by the pandemic.

Jim Rogers Predicts Economic Bailout Meltdown, Wall Street Investors will turn to Bitcoin Safe Haven

Jim Rogers Predicts Economic Bailout Meltdown, Wall Street Investors will turn to Bitcoin Safe Haven

Chairman of Roger Holdings and prolific American investor Jim Rogers warns that the trillion-dollar bailout will lead to an economic meltdown.

Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’

Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’

Taking a page from North Korea, Venezuela is looking to skirt U.S. sanctions by using crypto. According to Bloomberg, Venezuelan President Nicolas Maduro announced a crypto payment method that they will activate “very soon.”

How Likely Will Bitcoin's Price Decouple from the Stock Market?

How Likely Will Bitcoin's Price Decouple from the Stock Market?

In times of economic uncertainty, Bitcoin has strongly correlated with the stock market.

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

Publicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.

World Economic Forum Recognized Six Blockchain Companies as “Technology Pioneers” in 2020, Including MakerDAO and Chainlink

World Economic Forum Recognized Six Blockchain Companies as “Technology Pioneers” in 2020, Including MakerDAO and Chainlink

The World Economic Forum (WEF) has honored six blockchain companies on its list of 100 “early to growth-stage” firms Technology Pioneers for 2020, including MakerDAO and Chainlink.

Akon’s Plans for a Futuristic Crypto City in Senegal Progresses with a $6B Construction Contract

Akon’s Plans for a Futuristic Crypto City in Senegal Progresses with a $6B Construction Contract

American-Senegalese music icon Akon announced plans to build a cryptocurrency city that would revolutionize the developing economic landscape in Africa.

Grayscale Predicts Bitcoin Price and Use-Cases to Increase as Economic Inflation Accelerates

Grayscale Predicts Bitcoin Price and Use-Cases to Increase as Economic Inflation Accelerates

Grayscale believes that the US floating the economy with aggressive quantitative easing has seen Bitcoin investors convert to long-term holders

World Economic Forum Releases GSMI Global Blockchain Standards

World Economic Forum Releases GSMI Global Blockchain Standards

The World Economic Forum (WEF) has released blockchain standards dubbed the Global Standards Mapping Initiative (GSMI).

Venezuelans to Bypass Hyperinflation with Bitcoin-Backed Synthetic US Dollars After Years of Extreme Economic Crisis

Venezuelans to Bypass Hyperinflation with Bitcoin-Backed Synthetic US Dollars After Years of Extreme Economic Crisis

A cross-border remittance startup based in Colombia, Valiu has released a new Bitcoin-backed US dollars for Venezuelans to bypass the hyperinflation that has been tormenting their national economy.

India’s Central Bank Aims to Undo the Supreme Court Ruling on Lifting the Crypto Ban

India’s Central Bank Aims to Undo the Supreme Court Ruling on Lifting the Crypto Ban

India’s central bank, the Reserve Bank of India (RBI) has planned to report a review petition on the recent Supreme Court’s cryptocurrency ruling, according to the Economic Times.

China's Shenzhen Special Economic Zone Now Supports Digital Currency Research

China's Shenzhen Special Economic Zone Now Supports Digital Currency Research

The Central Committee of the Communist Party of China recently announced that the Shenzhen special economic zone would be supporting research and the promotion of digital currencies.

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