It’s OK to compare Bitcoin to gold
As human beings we are born to compare and contrast. According to Harvey Silver our survival depends on it; Comparative thinking is one of our first and most natural forms…
The ECB, Bitcoin and Gresham’s Law.
This week is key in macro-economics with the pending interest rate decision from the European Central Bank. The market is asking how much (not if) central bank liquidity (QE) will…
Buy & hold your bitcoins
With the latest appreciation in the price of Bitcoin our social media feeds are once again filling up with posts reading 'to the moon' & 'new hyperbolic phase'. This may…
Understanding Bitcoin’s finite supply
There are two key attributes that make Bitcoin the most financially secure asset ever created. The first is its settlement process (the blockchain), the second is that it is finite…
Why Bitcoin’s price is volatile
Of the many criticisms of Bitcoin a persistent one is the volatility in price. There are many key factors that have historically caused or have been correlated to the volatility…
Majority of Crypto exchanges still private & anonymous
In a lengthy report by Coinfirm it was discovered that nearly 70% of cryptocurrency exchanges lacked KYC/AML implementation thus allowing for private and anonymous purchases and sales of bitcoin and…
CBOE discontinues bitcoin futures
On March 20 the CBOE (Chicago Board Options Exchange) discontinued offering bitcoin futures products. As the CBOE was the first exchange to actually launch a bitcoin futures product (within one…
Australians can now purchase bitcoin at newsagents
Binance, the Matla based cryptocurrency exchange, reported that its new service 'Binance Lite' will be rolled out at newsagents across Australia. After completing an ID check customer can convert their…
Bitcoin ETF gets refiled
The Chicago Board Options Exchange has filed a proposal to create an ETF (Exchange Trade Fund) that would allow institutional and individual investors to buy and sell bitcoin. The proposal…
Bitcoin to be included in CFA curriculum.
The CFA (Chartered Financial Analyst) Institute has added to its curriculum topics on Bitcoin and the Blockchain. Though currently in a cryptocurrency bear market the managing director of the CFAInstitute,…
Florida County accepts Bitcoin as payment
Seminole County in Florida has become the United State's first government agency to accept bitcoin as a payment method. In a press release the office of Joel Greenberg, the Seminole…
Editorial: More Hedge Funds to invest in Bitcoin
Hitting social media this week is news of two influential hedge fund managers investing in Bitcoin. George Soros, whom for most people would not require an introduction, has given the…
Exchanges to be registered in Australia
Digital currency exchanges in Australia are now obligated to register with AUSTRAC, the country's financial intelligence unit that is mandated to observe and collect data on domestic businesses with the…
John Oliver on Bitcoin and Alt-coins.
In his usual style of comedy and editorial John Oliver provides a humorous account of Bitcoin and alt-coins (alternative coins) on his show LastWeekTonight. Oliver highlights both the dramatic fortunes…
Bitcoin Price Fluctuations Due to MtGox liquidation
The steady decline in Bitcoin's price since December 2017 when it hit an all time of just under $20,000 could arguably be partly attributed to the liquidation of over 40,000…
Germany defines Bitcoin as legal tender.
The German Federal Ministry of Finance announced that Bitcoin and other cryptocurrency are 'the equivalent to legal means of payment'; meaning that cryptocurrencies can be used in everyday transactions as…
Israel Supreme Court defends crypto transactions
The Israeli Supreme Court decreed that banks may not prohibit crypto related transactions. In June 2017 Leumi Bank in Israel bagan blocking customer payments to bitcoin exchanges, the February 26…
Goldman Sachs invests in Bitcoin exchange
Circle Internet Financial, a company of which Goldman Sachs is a key investor, has purchased Bitcoin and other cryptocurrency exchange Poloniex for US$400 million. Goldman Sachs-Funded Circle Purchases Poloniex For…