Twitter’s Jack Dorsey Is Dangerously Wrong About Bitcoin’s Role as World Currency

Jack Dorsey’s love letter to bitcoin fans isn’t the ‘poetry’ that everyone thinks it is. The Twitter CEO’s Square Cash app stands to benefit more than the average cryptocurrency user. Bitcoin’s ridiculously high transaction fees make it an implausible candidate for an everyday global currency. According to Twitter CEO Jack Dorsey, bitcoin is poised to …

Liquidated Traders are Furious as XRP Crashes 56% on Bitmex

Entire accounts were wiped out as XRP/USD on the Bitmex exchange tanked. Bitmex is not compensating traders whose stops were not executed. The Crypto Twitter community chimes in on the shocking development. Bitmex is once again grabbing headlines for all the wrong reasons. One of its newest products, the XRP/USD Perpetual Quanto Swap Contract, lost …

Bitcoin Cash Rockets 15% Despite Big Tax Drama

Bitcoin Cash surges 15% as cryptocurrency’s home-grown tax drama rages on. Previous references to communist “Non-Debate Philosophy” have been edited out of Jiang Zhuoer’s tax proposal. Bitcoin.com CEO Roger Ver recently cast doubt on the particulars of the BCH mining tax plan. The fortunes of bitcoin cash haven’t been impacted by the furor surrounding its …

Crypto’s Richest 1% Fail to Hoard a Whole Lot of Bitcoin

Bitcoin is more fairly distributed than altcoins. Cardano may be dangerously centralized. Whales are still a significant issue for BTC. When contemplating crypto whales, the knee jerk reaction is to automatically think, “lotsa bitcoin;” However, according to statistics from Intotheblock—a crypto intelligence company—BTC ownership may actually be less concentrated than most altcoins. Tracking numerous cryptocurrency …

This Bitcoin Price Chart Makes the Crypto Market Crash Look a Lot Less Scary

The bitcoin price continues to plummet from its 2019 record near $14,000. Crypto investors are worried while critics are gloating. But the cryptocurrency remains the highest performing asset in 2019. And dollar cost averaging BTC investments even outperformed the same Dow exposure since bitcoin’s all time high price in 2017. Bitcoin’s price is continuing its …

In Nod to Crypto Community, Twitter Won’t Purge Hal Finney’s Account

Crypto Twitter members breathed a collective sigh of relief today after some reassurance from the man himself. Square Crypto, whose Twitter account is seemingly manned by bitcoin bull Jack Dorsey, revealed that the Twitter account of the late Hal Finney isn’t going anywhere. It started with a tweet by bitcoin rewards app Lolli, which asked …