Watford FC has confirmed Bitcoin as their official sleeve sponsor, in an announcement on their official website. The English premier league side will have the Bitcoin logo appear on the Watford FC shirtsleeve, as part of an educational drive led…
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Facebook’s Libra backed by Several National Currencies
In its journey to get its very own Stablecoin approved by regulators, Social media giant Facebook reportedly shared details regarding the project’s proposed backing reserves. According to a Sep 9 Bloomberg report, the social media giant revealed to senators about…
A prominent economist and Wall Street veteran recommends Bitcoin hedge as a strategy against a global economic slowdown
Raoul Pal, a prominent economist and Wall Street veteran who was with Goldman Sachs earlier has recommend Bitcoin hedge as a strategy against the impending global economic slowdown.
Brazil Bank Adopts IMF Guidelines for Crypto Classification
The central bank of Brazil has moved to classify bought and sold crypto assets as per the laid out International Monetary Fund (IMF) guidelines. Brazil’s central bank announced its decision on Aug 26. Under the new IMF standards, traded cryptos…
Rwanda’s Central Bank Explores Possible Digital Currency Launch
The top bank in Rwanda is currently looking into the development and issuance of its own digital currency. In a move that has caught a lot of people by surprise, the National bank of Rwanda has gone full throttle in…
Mark Yusko: Bitcoin is Schmuck Insurance
Morgan Creek capital CEO Mark Yusko referred to Bitcoin (BTC) as a “Chaos hedge, or Schmuck insurance”, in an interview with CNBC Fast Money on Aug 14. Yusko made this comments while pointing out the trouble of people judging Bitcoin…
Tom Lee: Bitcoin is a safe haven, Potential New all-time High Soon
Tom Lee, a senior analyst at market strategy and research company Fundstrat Global Advisors, is positive that Bitcoin is a safe haven for investors looking to make safe and reliable investments. In an interview on Aug 15 on the Fox…
New Zealand Tax department legalizes Crypto Salaries
The Inland Revenue department (IRD) of New Zealand has made it legal to receive salaries in cryptocurrency. The department which is the island country’s tax office will not only make crypto salaries possible, but also make it possible for one…
Goldman Sachs analysis: Its a Good Time to Buy Bitcoin
If you have been shaking in your boots over the latest BTC market price pullback, there is cause for relief. This is because some Market Intel from Goldman Sachs suggests investors should capitalize on the current price dip and place…
UN: North Korea has been Robbing Banks and Crypto Exchanges to Fund Weapons Programs
According to a confidential UN report, North Korea is funding its weapons of mass destruction program with cryptocurrency and Fiat currency stolen from banks and exchanges. The report that was seen by Reuters was apparently researched by “independent experts” and…