The Covid-19 coronavirus pandemic has had an affect on many aspects of society and business. The initial sell-off as the global health crisis started to spread has given way to more relative stability in the always-volatile cryptocurrency market, but how will it change Bitcoin? Many seem to think that the Chinese monopoly on the mining […]
Bitcoin and other cryptocurrencies are a global asset. They have no geographical borders and can be used anywhere by anyone. Still, some countries have taken measures to deter the use of cryptocurrency. India is a prime example. While Bitcoin, Ethereum, and other tokens are not specifically banned in India or illegal to own, the government […]
Gold and Bitcoin both keep rising in value. There has been an ongoing debate about which is better for the investor. A recent scandal involving fake gold bars may resolve the debate once and for all. Some financial analysts are saying that Bitcoin’s immunity to counterfeiting proves that it is in an asset class all […]
Switzerland has always had a progressive approach to banking and finance, especially when it comes to privacy. The country is taking that reputation a step farther by licensing the world’s very first crypto banks. Two blockchain companies have received licenses from the Swiss financial authorities to begin providing banking services for digital assets. Cryptocurrency Banking […]
Among investors no one is regarded higher than Warren Buffett. The so-called Oracle of Omaha and CEO of Berkshire Hathaway has a reputation for success in the financial markets that is unequalled in modern investing history. You might think that Warren Buffett would be high on Bitcoin and other cryptocurrencies given his financial savvy, but […]
You’ve haven’t been paying attention if you haven’t heard about Facebook Libra. The blockchain project of the world’s largest social media platform is targeting a 2020 release of the Libra token. This stablecoin represents Facebook’s entry into the cryptocurrency market. But what does that mean for investors? Will Facebook Libra help or hurt the value […]
The cryptocurrency world is buzzing right now. Bitcoin has gone up in value, hinting at a possible crypto bull market, and Facebook is making waves with rumors about its new Libra stablecoin. Some also believe that the two could be related. Not everyone seems happy, though, about these developments. Some US lawmakers are taking aim […]
There may finally be a solution for those who want to spend Bitcoin and other cryptocurrencies at major retailers like Whole Foods Market and Office Depot. The payment processor Flexa is flexing its muscles with a new app that gives individuals easy access to their crypto for spending. This news could signal a major boost […]
It appears that the rumors were true. Social media giant Facebook is preparing to launch its own cryptocurrency according to multiple reports. Although Facebook has not publicly confirmed the plan, it has been known for some time that the company founded by Mark Zuckerberg was quietly engaged in blockchain research and development. The Facebook coin […]
Regular readers of Cryptoswede know that we have been following a story involving Bitnation and its XPAT cryptocurrency. As we have reported, Bitnation founder Susanne Tarkowski Templehof and her cryptocurrency project have been mired in controversy dating back to 2014. New allegations have surfaced that link Bitnation to Worldcore, a cryptocurrency exchange and payment processor […]