Bitcoin Bought at $20K Retained More Value Than the Peso –

Bitcoin has proven to be a store-of-value in Argentina where you would have been better off buying BTC at its peak rather than hold the peso. Argentina Ensnared Political and Economy Turmoil The Argentinian economy continues to shrink, afflicted by stubbornly high inflation, which President Mauricio Macri, who is running for re-election, has been unable […]

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Argentina Central Bank’s Inability to Stop Inflation is Forcing People to Bitcoin

As Argentina’s inflation rate skyrockets to its highest level since 1992, people are increasingly turning to Bitcoin as an alternative. Inflation in Argentina Surpasses 54 Percent Argentina’s central bank already tightened monetary policy three times in the last month, and inflation is still accelerating at a rate of nearly 55 percent. Bloomberg notes: The inflation […]

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Tim Draper: ‘Everyone’ Will Buy Coffee With Bitcoin In 2021

Billionaire Bitcoin investor Tim Draper believes the world will be buying coffee with Bitcoin (BTC) in just two years – but does not plan on selling any. 2 Years To The ‘Coffee Standard’? In an interview with FOX Business February 18, the well-known Bitcoin advocate delivered the latest in his series of buoyant predictions for […]

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Tim Draper is Betting On Bitcoin Lightning Payments for Starbucks

Bitcoin payment processor OpenNode has successfully concluded a seed round. The project has raised $1.25 million with prominent Bitcoin proponent Tim Draper and Draper Associates.  OpenNode Seals the Deal OpenNode is a bitcoin payment processor, describing itself as “the easiest way to accept bitcoin.” The company has announced that it managed to close a $1.25 […]

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Does This Market Indicator Confirm the Novogratz Predicted Rebound?

Bitcoin bull and highly cited cryptocurrency proponent Mike Novogratz called “bottom” this week on Twitter. On Friday, Bitcoin’s market performance and key market reversal indicated a possible turning point. What will Monday bring? Is the market still too bearish? Bitcoin Could Have Oversold According to a Friday report from Bloomberg, a key market sign — the Williams %R […]

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