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Rising Interest In Long Term Treasury Bonds Means Bad Days For Bitcoin (BTC)

Bitcoin (BTC) is at risk of further decline as fears of a recession loom over. The bond market has historically been a very good indicator of an upcoming crisis. Whenever, the yield curve goes negative, it is a cause for alarm as investors become more cautious about short term bonds and get more interested in long term bonds. We have just seen a negative yield curve for the first time since the last financial crisis. This does not look good for the stock market in general and the cryptocurrency market in particular. The reason Bitcoin (BTC) and the cryptocurrency market...

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Novogratz: BTC Could Pass Gold’s Market Cap In 20 Years

One of the biggest companies in the cryptocurrency space is Galaxy Digital and the CEO of the firm has said that Bitcoin’s market cap could easily surpass that of gold in the next twenty years. The Morgan Creek Digital founder Anthony Pompliano sat down with the Galaxy CEO, Mike Novogratz who believes that it is only a matter of time before institutions like Goldman Sachs and Intercontinental Exchange get involved with the industry. “I know Goldman for instance is gearing up around securities tokens. They’re not doing anything yet, but they’re getting really ready and looking at all the questions...

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Tim Draper Wants BTC As Argentina’s National Currency

Tim Draper is an American venture Capital investors and is the founder of the firm that would become Draper Fisher Jurvetson. He is a pretty big name in the crypto and he recently spent some of his time in Argentina where the billionaire investor and Bitcoin advocate personally met with President Mauricio Macri. Draper came up with a bold idea to the Head of State… make Bitcoin the national currency of Argentina. Yes, you read that right. Draper put forward the idea that the Argentinian peso should be replaced with the leading cryptocurrency. According to reports, “I suggested that he...

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Bitcoin’s Shakespearean Moment: Tragedy or Comedy?

Is this a dagger which I see before me, The handle toward my hand? Come, let me clutch thee. I have thee not, and yet I see thee still. Art thou not, fatal vision, sensible To feeling as to sight? or art thou but A dagger of the mind, a false creation, Proceeding from the heat-oppressed brain? - “The Tragedy of Macbeth”    Act II, Scene I   ‘Tis not often that William Shakespeare and cryptocurrency are mentioned in the same sentence, let alone the same article or thought process. Shakespeare, the Bard of Avon, is thought to have authored The...

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Scam CIA Emails Want Your Bitcoin

Those pesky scammers are up to no good once again! It seems that now, a cryptocurrency fan has sent out a warning that scammers are posing as the Central Intelligence Agency (CIA) to trick you into sending over your Bitcoin. $10,000 worth of Bitcoin to be exact. In a Reddit post published earlier this week, we can see that the user ‘sajber’ has been sent an email from the ‘CIA’ and posted a screenshot of the email campaign which you can see here. The idea of the campaign is clearly to fool people into thinking that they are the subject...

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