cryptocurrency

MrBitcoin September 10, 2019

With confirmation that the proposed crypto lunch with billionaire Warren Buffett is still on, it remains to be seen whether U.S. President Donald Trump will accept Justin Sun’s invite. Save Trump a Seat Back in mid-July, President Trump put cryptocurrency as the focus of his daily tweetstorm. In response, Sun — the Tron CEO, invited […]

MrBitcoin August 30, 2019

UK asset management firm Elwood plans to develop a giant $1 billion bitcoin and cryptocurrency investment venture, it says. Elwood Expands Cryptocurrency Exposure Quoted by the Financial Times on August 30, Elwood, which is owned by billionaire Alan Howard, revealed it wants to funnel cash into crypto hedge funds.  The company is no stranger to […]

MrBitcoin August 16, 2019

The Australian Tax office has sent out 18,000 warning letters to Self Managed Super Funds (SMSFs). The letters target those who have invested over 90% of retirement funds in a single asset class, such as property or cryptocurrency. Breaking The Law with Cryptocurrency The letters from the tax office remind SMSFs that they have a ‘duty […]

MrBitcoin August 8, 2019

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 […]

MrBitcoin July 23, 2019

The Palestinian Authority believes issuing a sovereign cryptocurrency token will reduce Palestine’s reliance on the Israeli shekel. Palestinian Authority: First Money, then Power Palestinian Prime Minister Mohammad Shtayyeh recently announced that his government will use cryptocurrency to bypass sanctions levied by Israel. Shtayyeh issued the statement while speaking before the Palestine Center for Computer Emergency […]

MrBitcoin June 24, 2019

Libra — sometimes referred to as “Facecoin” or “Zuckcoin” — is self-billed as “a simple global currency and financial infrastructure that empowers billions of people.” The introduction waxes cypher-poetic about the liberating nature of the internet and the potential for an online currency to unfetter financially disenfranchised populations around the world from the shackles of […]

MrBitcoin January 9, 2019

Although many investors and analysts alike were disappointed that Bitcoin and the overall cryptocurrency markets did not end 2018 on a high note, the markets may be seeing increasingly bullish sentiment from traders and investors alike, according to new data. If Bitcoin’s price does begin climbing as this data suggests, it is important that it […]

MrBitcoin November 25, 2018

This week provides another opportunity for a cryptocurrency HODL vs. FODL analysis. With Black Friday having just passed this is the perfect opportunity to do some shopping. Cryptocurrency Winter is Here BTC 00 having fallen more than 30% in the prior week has brought many cryptocurrencies lower with it. However, with a lower BTC comes […]