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Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash

Bitcoin’s status as a safe-haven asset has been under intense scrutiny as the BTC price continues to fall amidst a series of crisis events in 2020 which have continued to create the ideal environment for the digital commodity to theoretically thrive. Beginning with the Iranian – US conflict in early Jan, the coronavirus outbreak triggering a … Continue reading Is Bitcoin still a Safe Haven? The Crypto Community Debates on Twitter Following Global Stock Market Crash

Brazilian Banking Federation President Claims Crypto Cannot Replace Fiat Money

Murilo Portugal, the President of the Brazilian Banking Federation, has argued that cryptocurrencies like Bitcoin and Ethereum are not real currencies. Portugal was speaking at a debate associated with the impact of the digital revolution redefining financial sector. The debate focused on disruptive technologies, how their deployment and use is affecting the traditional financial ecosystem. … Continue reading Brazilian Banking Federation President Claims Crypto Cannot Replace Fiat Money

Warren Buffett Changes Attitude on Gold, Not Bitcoin Reminds Peter Schiff

Warren Buffett has made a shock investment buying a stake in Barrick Gold Corp after previously calling gold a “non-productive asset.” Peter Schiff mocked the Bitcoin community reminding them that Buffet once called the cryptocurrency “rat-poison squared” and will likely never invest in Bitcoin. Warren Buffett made some significant investment changes in the second quarter. Buffett has … Continue reading Warren Buffett Changes Attitude on Gold, Not Bitcoin Reminds Peter Schiff

Oman Government Buys Equity Stake In U.S Bitcoin Miner Crusoe

Oman Investment Authority disclosed on Wednesday that it bought an equity stake in Crusoe Energy Systems Inc. Crusoe is a U.S software firm based in Denver whose mission is to help the oil industry reduce routine flaring of natural gas. In April, Oman’s sovereign wealth fund participated in the $350 million equity round that Crusoe … Continue reading Oman Government Buys Equity Stake In U.S Bitcoin Miner Crusoe

Russia Gives Tax Incentives to Crypto Miners

In the most recent months, the cryptocurrency mining business has been met with moratoriums in several regions of the United States and Canada. Those who wish to invest in cryptocurrency mining may now take advantage of tax benefits offered by Russia. The new crypto mining facility in east Siberia, which will cost $12 million and … Continue reading Russia Gives Tax Incentives to Crypto Miners