Bitcoin Payments 6x Cheaper for Municipalities, Says Canadian Exchange

Evan Kuhn, Toronto-based cryptocurrency exchange Coinberry’s co-founder, stated that accepting Bitcoin (BTC) for taxes is more efficient than using bank card payments.As real estate news outlet Mansion Global reported on Aug. 22, Kuhn claims that his company takes much lower fees than the ones that card institutions impose on their clients, noting: “A credit card company…

People Who Want to Control Their Capital Buy Bitcoin, Says Circle CEO

Jeremy Allaire, CEO at cryptocurrency financial services company Circle, expressed his optimism in regards to Bitcoin (BTC) being a safe haven for investors despite recent market volatility.On Aug. 19, Allaire voiced his sentiment during the CNBC’s Squawk Box. He explained: “Clearly, a non-sovereign digital asset like bitcoin is attractive to people who are interested in moving…

Japan to Solarize Its Burgeoning Digital Economy, Expert Take

Society is now witnessing the implementation of digital currencies, artificial intelligence (AI) and blockchain technology worldwide. These new digital technologies necessitate very high consumption of electric energy, which is currently produced with coal and fossil fuels that have adverse environmental effects. A global shift toward green energy will require the removal of the technological/infrastructural, financial…

These Bitcoin Users Want DAI and DeFi – Here’s How They Plan to Get It

feature Summa co-founder James Prestwich wants to bridge the great divide: bitcoin vs. ethereum. Now his firm is teaming up with fellow blockchain startup Keep to launch the Cross-Chain Working Group, which aims to create a protocol for using bitcoin on ethereum-based systems. The group hosted its first meeting on Thursday with more than 40…

Tom Lee: BTC Is Genuine Safe Haven, Potential New All-Time High by End of 2019

Senior analyst at market strategy and sector research company Fundstrat Global Advisors Tom Lee is confident that Bitcoin (BTC) became a genuine safe haven for investors.When asked directly “whether Bitcoin is a genuine safe haven” during an interview on the Fox Business channel on Aug. 15, Lee confirmed his position:“Yes. You can see it in…

Bitcoin’s Surging Dominance – Is This Time Really Different?

opinion Noelle Acheson is a veteran of company analysis and CoinDesk’s Director of Research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free weekly newsletter focused on crypto assets. Sign up here. Everything flourishes with a bit of attention – even attention itself. You may…

Two Economists. Two Views on Bitcoin’s Ability to Disrupt Fiat Money

news “Half of the audience here is like, ‘I hope you die in a fire.’” As a libertarian, comedian and podcast host Dave Smith has a lot of common ground with bitcoin enthusiasts, who have a reputation for having a libertarian bent. But when he and others argue that bitcoin isn’t going to replace government-issued…

Bitcoin Price Drops on the Day as Altcoins Send Mixed Messages

Saturday, Aug. 10 — the top 20 cryptocurrencies are reporting largely reddish movement on the day, as Bitcoin (BTC) price saw a sudden dip earlier today.Market visualization courtesy of Coin360Bitcoin’s price is currently down 4.62% on the day, trading at around $11,370 at press time, according to Coin360 after slipping from around $11,800 to $11,400…