Elon Musk Supports Pro-Bitcoin U.S. Presidential Candidate Andrew Yang

Visionaries can create the future and value for the world. Now two visionaries are joining forces. In effect, Tesla Inc. CEO Elon Musk announced his support for Bitcoin-friendly Andrew Yang’s run for U.S. president in 2020. Elon Musk, “I support Yang.” On August 10, 2019, while hosting the podcast Hard Core History, American political commentator …

McCormack Vs Wright – You Can’t Harm An Already Bad Reputation –

Yesterday saw the release of ‘What Bitcoin Did’ podcaster, Peter McCormack’s legal defence against Craig Wright. Wright sued McCormack for libel over tweets suggesting that he wasn’t really Bitcoin’s creator, Satoshi Nakamoto. McCormack’s defence basically states that Wright’s suit is a cynical waste of the court’s time. Craig Wright – Hoisted With His Own Petard …

Chinese Cryptocurrency Wallet Data Shines Light Into the Mysterious Market

An interview with a representative from imToken, a Chinese digital currency wallet provider, has given rare insight into the cryptocurrency habits of the nation’s population. It appears that Chinese crypto asset enthusiasts have a tendency to prefer non-custodial storage solutions and that mobile-accessed wallets are by far the most popular over their desktop counterparts. Chinese …

Is Bitcoin Price Rally Running Out of Gas? May be

Mike McGlone believes Bitcoin’s current volatility is unsustainable and as it tapers off BTC price will enter an extended period of consolidation. Bitcoin Price will Drop as Volatility Dries Up Earlier this week Bloomberg Intelligence senior commodity strategist Mike McGlone cast doubt on the widely held belief that Bitcoin is destined to the moon to …

Crypto Derivatives Trading Platform FTX Raises $8 Million

FTX, a new cryptocurrency derivatives exchange and trading platform, has raised $8 million in a funding round led by blockchain-focused fund Proof of Capital, Consensus Lab, FBG and Galois Capital. Proof of Capital is a $50 million venture capital (VC) fund launched in April 2019 by partners from Horizons Ventures, Greylock Partners and 500 Startups, …