Crypto-Friendly Silvergate Bank IPO Debuts on NYSE

The U.S. Securities and Exchange Commission (SEC) has declared the IPO of pro-crypto Silvergate Bank effective. Its shares started trading on the New York Stock Exchange on Thursday. The crypto-friendly bank works with 756 customers in the crypto space, including Coinbase, Gemini, Circle, Bitstamp, Kraken, and Bittrex. The bank has attributed significant growth to its crypto business. Also read: 23 Central Banks Divulge Their Digital Currency Requirements Silvergate Bank’s IPO The U.S. SEC declared the initial public offering (IPO) of crypto-friendly Silvergate Bank effective on Wednesday. Its common stock subsequently…

Read More

Congressional Hopeful Agatha Bacelar Talks Silk Road on the Bitcoin.com Podcast 

“It’s clear that the political establishment wants to hold back a future where economic freedom is afforded to all.” This excerpt from Congressional hopeful Agatha Bacelar’s campaign donation page echoes what many within the cryptosphere have been saying ever since Satoshi Nakamoto dropped the Bitcoin whitepaper in 2008 – and what many libertarians have been trumpeting for decades. Also read: FBI Says Bitcoin Concern Is Getting ‘Bigger and Bigger’ Bacelar Lays the Smackdown The fact that Bacelar, who has set her eyes on House Speaker Nancy Pelosi’s seat in the…

Read More

Ridiculous Crypto Regulations Are an Enemy of Bitcoin

One of the biggest privacy issues in today’s society revolves around the use of overreaching know-your-customer (KYC) and anti-money laundering (AML) laws. Despite the fact that many cryptocurrencies were designed to avoid these invasive practices, KYC and AML guidelines bolstered by political parasites and their followers have perverted the original crypto-anarchist ideologies espoused by the cypherpunks. Also Read: Bitcoin Cash Captured 90% of October’s Crypto Spending in Australia KYC/AML Are the Real Cryptocurrency Scams When people talk about scams in the cryptocurrency industry they usually look at a certain project…

Read More

FBI Says Bitcoin Concern Is Getting ‘Bigger and Bigger’

In a recent U.S. Senate Committee on Homeland Security And Governmental Affairs hearing, Senator Mitt Romney expressed concerns about Bitcoin’s potential as a threat to national security. Federal Bureau of Investigation (FBI) Director Christopher Wray replied that cryptocurrency is a concern that’s “going to become a bigger and bigger one.” Also Read: Crypto Secularizes Wealth by Returning Power to the People What Mitt Doesn’t Know Might Affect Crypto As more nations begin to experiment with or talk about development of their own central bank digital currencies (CBDCs), and regulation of…

Read More

Market Outlook: Crypto Whale Tales and China’s Blockchain Hype

During our last market outlook, cryptocurrency prices had found new foundations after the massive rally on Friday, October 25. Since then digital currency prices have been meandering roughly in the same positions after coins like BTC failed to break upper resistance on various occasions. Also read: China Removes Bitcoin Mining From Unwanted Industries List Crypto Prices Hold Foundational Support But Fail to Break Upper Resistance At the time of publication, the market capitalization of all 3,000+ digital assets is hovering around $260 billion on Thursday, November 7. Currently, the top…

Read More

BTC Bullion: Three Interpretations of Bitcoin as “Digital Gold”

Bitcoin is often described as “digital gold.” While this is an oversimplification, it can be a helpful way of understanding some of bitcoin’s most critical properties — the things that “give bitcoin value.” One of bitcoin’s preeminent use cases is in its role as a store of value, a status that gold has long embodied. Though the price is volatile, many Bitcoiners who believe in its long-term value to an increasingly decentralized society see it as a long-term investment, and citizens of countries whose economies are distressed regularly turn to…

Read More

Turkey Becomes the Latest Nation to Work on Digital Fiat

Trade wars, sanctions, fear from private and decentralized cryptocurrencies. Regardless of the motive, a number of governments have recently taken the path of creating their own digital money. Turkey has become the latest country to announce plans for the issue of a “blockchain-based” national currency. Also read: China Removes Bitcoin Mining From Unwanted Industries List Digital Lira to Be Tested as Ankara Builds Fintech Ecosystem The project to develop a digital lira has found a place in Recep Erdogan’s Annual Presidential Program, the state-run Anadolu Agency reported. According to the…

Read More

Sophia The Robot Asked About Crypto: No Skynet References This Time

Artificial Intelligence (AI) is something that will slowly become a bigger part of everyday life. While some people are excited about the opportunities which AI technology will provide, others have already felt replaced and defeated by it. A few years ago, Elon Musk, agreed to allow the AI bot from his startup OpenAI to learn to play Dota 2. At first, the results were expected as the bot struggled to walk in a straight path and found itself unable to win a single game for some time. After a short…

Read More

Bitcoin History Part 19: Wikileaks and the Hornet’s Nest

“WikiLeaks has kicked the hornet’s nest, and the swarm is headed towards us.” With those 13 words, Satoshi Nakamoto stepped into oblivion, leaving a blizzard of unanswered questions that would enshroud his disappearance. That ominous message was to prove his penultimate forum post, dispatched a day before his final entry. What happened to put Wikileaks in the crosshairs of Bitcoin’s creator? Also read: Bitcoin History Part 18: The First Bitcoin Wallet Wikileaks Shines a Light on Bitcoin Satoshi’s words were freighted with such a sense of foreboding that many believe…

Read More

Cointipping and Why It’s on Its Way Out

Cointipping and why it’s on its way out Cointipping is most definitely one of the most popular forms of using cryptocurrencies nowadays. Sure, it will never surpass the popularity of trading these coins on an exchange, but it’s a great liquidity source for most people who enjoy digital products or services. One of the most common ways to use one’s crypto portfolio in the past was to buy video games on various game markets, but Steam was arguably the most popular. However, the company that owns Steam decided to distance…

Read More