Crypto Currency

Bitcoin rally sends world’s top cryptocurrency ahead of gold and silver

Bitcoin‘s price (BTC) jumped 8% on Thursday to almost break $13,000, its highest point since July last year. The rally comes hours after PayPal revealed it would soon support buying, selling, and holding BTC, Ethereum, Litecoin, and Bitcoin Cash. Today’s Bitcoin’s price peak means the world’s most popular cryptocurrency has now eclipsed gold and silver to become the…

Bitcoin‘s price (BTC) jumped 8% on Thursday to almost break $13,000, its highest point since July last year. The rally comes hours after PayPal revealed it would soon support buying, selling, and holding BTC, Ethereum, Litecoin, and Bitcoin Cash. Today’s Bitcoin’s price peak means the world’s most popular cryptocurrency has now eclipsed gold and silver to become the best performing of the three “commodities” over the past year.[Read: PayPal to support Bitcoin and other crypto — but merchants must use fiat] BTC is today up 55% since October 21, 2019, while silver and gold are respectively up 40% and 27% over the same period.… This story continues at The Next WebOr just read more coverage about: Bitcoin
Read More

Be the first to write a comment.

Leave a Reply

Crypto Currency

Dark web drug haven Empire Market has mysteriously disappeared

Illustration by Alex Castro / The Verge Empire Market, one of the biggest dark web marketplaces, has been offline for three days, Bloomberg reports. It’s unclear what has happened to the site’s administrators, whose identities remain unknown. According to a cybersecurity expert interviewed by Bloomberg, there are typically two outcomes for marketplaces like Empire Market.…

Illustration by Alex Castro / The Verge

Empire Market, one of the biggest dark web marketplaces, has been offline for three days, Bloomberg reports. It’s unclear what has happened to the site’s administrators, whose identities remain unknown.
According to a cybersecurity expert interviewed by Bloomberg, there are typically two outcomes for marketplaces like Empire Market. Either the admins are arrested, or they steal users’ deposits.
Empire Market was popular for drug deals. It also offered fake documents, such as passports, and malware. After other sites, such as the Silk Road and AlphaBay, shut down, Empire Market was the most-trafficked dark web marketplace, Bloomberg reported.
The goods on Empire Market were exchanged for cryptocurrency. In order to operate on a market…

Continue reading…

Read More

Continue Reading
Crypto Currency

JP Morgan says gold will suffer for years because of bitcoin

The trend poses a problem for bulls in precious metals markets over the coming years if investors move, even a small slice, of their allocations away from gold and into crypto.

The trend poses a problem for bulls in precious metals markets over the coming years if investors move, even a small slice, of their allocations away from gold and into crypto.
Read More

Continue Reading
Crypto Currency

U.S. to Seize N.Korean Hackers’ Bitcoin Accounts

The U.S. is about to seize 280 cryptocurency accounts it says are held by North Korean hackers who stole the money from exchanges. The U.S. Justice Department filed a civil complaint to forfeit the accounts in August. According to forfeiture regulations, federal prosecutors placed a notice for a mon…

The U.S. is about to seize 280 cryptocurency accounts it says are held by North Korean hackers who stole the money from exchanges. The U.S. Justice Department filed a civil complaint to forfeit the accounts in August. According to forfeiture regulations, federal prosecutors placed a notice for a mon…
Read More

Continue Reading
Crypto Currency

John Ivison: Trudeau’s half-brother is an anti-vaxxer, bitcoin entrepreneur and (affectionate) critic of the PM

Article contentKyle Kemper believes a “global corporatocracy” has taken advantage of the COVID crisis to diminish democracy and tighten control over people’s lives.He is not alone in holding such views. But he is alone in wanting to overturn a power structure in which his brother sits at the apex. Kemper is Justin Trudeau’s half-brother, born…

Article content

Kyle Kemper believes a “global corporatocracy” has taken advantage of the COVID crisis to diminish democracy and tighten control over people’s lives.

He is not alone in holding such views. But he is alone in wanting to overturn a power structure in which his brother sits at the apex. Kemper is Justin Trudeau’s half-brother, born to Margaret Trudeau and her second husband, Fried Kemper, in 1984, when the future prime minister was 12.

Kemper agrees with Carolina Panthers offensive tackle and fellow Bitcoin believer, Russell Okung: “The real battle is not simply left or right. It is authoritarianism versus libertarianism.”

The author of the book The Unified Wallet and founder of Swiss Key, a company that aims to make cryptocurrency accessible, makes no secret of his belief that there is a totalitarian push by corporations to undermine nation states.

In a long online video summary of his world view – Kemper sees humanity at a tipping point where people will take control of their physical and digital lives or succumb to a “top down dystopic system of total control, in a society where our every move is tracked; where our ability to travel is a privilege not a right; and, where our data is used and sold without our knowledge and then weaponized against us to influence our behaviour, our beliefs and our purchasing decisions.”

Article content continued

Kemper has been a devotee of cryptocurrency since 2013. Digital money’s time may soon arrive – the Chinese are running a pilot project on a digital version of the yuan and even the staid Bank of Canada is considering its options.

More On This Topic

Conservative MP Derek Sloan attends a Conservative caucus retreat on Parliament Hill in Ottawa, on Jan. 24, 2src2src.

Conservative MP Derek Sloan’s anti-vaccine petition a symptom of Liberal failings: Erin O’Toole

Canadian Civil Liberties Association Executive Director Michael Bryant:

Chris Selley: Civil liberties matter, even in a pandemic. Especially in a pandemic

But the people who were initially attracted to Bitcoin were typically hostile to central banks and political systems. In the online Declaration of Bitcoin’s Independence, tech entrepreneur Andreas Antonopoulos said Bitcoin is “inherently anti-establishment, anti-system, anti-state. Bitcoin undermines governments and disrupts institutions because Bitcoin is fundamentally humanitarian.”

In an online lecture, Antonopoulos said the Nixon-era Bank Secrecy Act turned money into a system of control, a political tool that allowed the state “complete surveillance of all financial transactions.”

Bitcoin was seen as a s

Read More

Continue Reading