If you want to annoy a Bitcoin fan, talk about the electricity cost of mining killing the planet. El Salvador is showing why this is lie by using renewable volcano energy to generate electricity to power Bitcoin mining. Whether the renewable energy source is volcano, or sun or wind or tides or geothermal geysers, the…
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There have been a few interesting stories in the news this week. In Budapest, there is a statue of the mysterious Satoshi Nakamoto. The statue has a plain face, wrapped in a bronze hoodie that is marked with the bitcoin logo. When people look at the statue’s face, because it is heavily polished to make…
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Brave, smart or lucky? Here is our pick of the 3 most important Stablecoin news stories during the week. Last week we saw further reflection on the appropriate role of regulators. When do they jump in and how? Tether, Circle, Dai are all private sector issued stablecoins. Are they safe? Do they have to be issued…
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El Salvador is getting a lot of attention for a little known country whose GDP in 2020 was only $24.64 bn (0.02% of the world economy). After El Salvador announced the stunning move to make Bitcoin legal tender on 25 June 2021, Daily Fintech opined 10 reasons El Salvador President made the right call on…
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In the past couple of days, the entire crypto market has taken a pounding. The price of bitcoin dropped on the morning of Saturday, plunging by more than 20% to $42,000 with Ether following suit, falling as low as $3,500. The drop has been brewing for a while now and gathered steam this week after…
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As stablecoins grow, what should regulators do? Here is our pick of the 3 most important Stablecoin news stories during the week. Last week we saw further evidence of the Crypto and its related Stablecoin ecosystems continued growth and a further push by regulators and politicians to get a grip. A great number of digital currencies…
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Recently in the news, Hillary Clinton, the former Democratic presidential candidate in the 2016 elections, warned that cryptocurrencies could destabilize countries and undermine the role of the US dollar as a reserve currency. Clinton said Russia and China are manipulating cryptos and the Biden Administration needs to regulate the cryptocurrency market. As bitcoin and other…
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Disruption is scary – particularly if it is happening to you! Here is our pick of the 3 most important Stablecoin news stories during the week. Last week a number of Politicians and Regulators woke up to what the current financial marketplace disruption could mean. We all like disruption as it brings us new goods and…
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One way to understand how big crypto has become is to look at the prices of coins and at the industry’s market cap. But then when you check a few minutes or days later you might see a completely different picture because of the crypto industry’s volatility. In the last 10 days, bitcoin’s price dropped…
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Will Regulatory oversight help or hinder? Here is our pick of the 3 most important Stablecoin news stories during the week. Last week we noted the amazing innovation in DeFi and the role stablecoins have to play within that ecosystem and wondered if the move by some Regulators and Politicians to get involved will help or…
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