ETH can be a security and a commodity: Former CFTC commissioner
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Qtum price rallies 160% as the project’s focus on DeFi pays off
After rallying 1.510% in 2021, QTUM price hit a $35.70 all-time high on May 7. This relatively obscure altcoin launched in September 2017 is a fork of the Bitcoin Core 0.13 version, but it also integrates the Ethereum virtual machine (EVM) and smart contract execution capability. Following Bitcoin's (BTC) April 23 crash down to $47,500, QTUM…

Economist warns of dystopia if ‘Bitcoin Aristocrats’ become reality
Critics of the digital currency have visions of the future every bit as silly as maximalists'. 2840 Total views 23 Total shares Not everyone is excited about hyperbitcoinization. According to a popular copy/paste meme, Bitcoin holders are set to become a neo-aristocracy as Bitcoin becomes the dominant world currency: Only $BTC holders will be permitted to…

Data Suggests Bitcoin Price Will Rise as Investor Demographics Shift
Bitcoin (BTC) has been trading sideways for around a month now and is being outperformed by several other altcoins like Ether (ETH) and Chainlink (LINK). The cryptocurrency also hit the lowest levels of volatility since November 2018. Moreover, Bitcoin’s trading volume in it’s USDT and USD pairs has decreased by 56% and 44%, while global crypto…

Argentine Freemasons want to put NFTs to philanthropic work
The Argentine Masonic Grand Lodge is the first freemason affiliation to utilize Web3 technology in a philanthropic NFT collection. 378 Total views 14 Total shares The Argentine Grand Lodge of Free and Accepted Masons is jumping into nonfungible tokens (NFTs), but with a philanthropic twist. The secretive society is releasing 77 digital art NFTs under…

Bitcoin is Gold’s ‘Digital Imitation’ Says a Bit-Curious Peter Schiff
Veteran gold bug Peter Schiff will debate the precious metal’s utility against Bitcoin (BTC) in a dedicated event with Anthony Pompliano, the latter confirmed on Twitter July 10.Pompliano, the co-founder and partner at Morgan Creek Digital known in the industry as Pomp, said he hoped to convince Schiff that Bitcoin was a worthwhile investment.“Peter should…

These 3 key indicators signalled Bitcoin price reached a $12K top
Last week's Bitcoin (BTC) 11.4% drop might have seemed unexpected or entirely out of the norm. The truth is, the lack of a more substantial correction since the 50% drop that occurred on March 12 was the unusual part.Some analysts and investors have said that the current DeFi boom was an unmistakable sign of excessive…

Tether fires back against report it is using reserves for investments and making crypto-backed loans
"If those loans fail, even a small percentage of them, one Tether would become worth less than $1," said Bloomberg reporter Zeke Faux. 466 Total views 2 Total shares Tether (USDT), the largest stablecoin issuer by market capitalization, has refuted the details of a Bloomberg story on its reserves holdings.In a Thursday report, Bloomberg journalist…

EU Committee: Blockchain Must Not Be Monopolized by a ‘Digital Elite’
Public measures should be taken to ensure that blockchain’s potential as a groundbreaking infrastructure for the social economy is accessible to all. This was the advice put forward by the European Economic and Social Committee (EESC) in its new report devoted to blockchain, an EU Reporter article published on August 1 reveals. Blockchain recalls Europe’s epoch-making inventionsIn…