June 2020

Robinhood Users Steal From the Rich to Fill Their Bitcoin Bags: Max Keiser

June 8, 2020 boss

Broadcaster and renowned Bitcoin (BTC) bull Max Keiser has taken a knock on veteran investor Warren Buffett in a tweet posted on Monday. Keiser claimed that users of the popular stock and cryptocurrency trading app Robinhood had stolen Buffett’s money by capitalizing on his recent losses in the airline sector. He further suggested that the profits made on Buffett’s mistimed stock sales were being invested in Bitcoin. Stealing Buffett’s bags In early May, Buffett told shareholders of Berkshire Hathaway that he had sold all of the company’s airline stock at…

Improving distribution may be the key to blockchain adoption

June 8, 2020 boss

While blockchain adoption has been growing steadily over the years, the world that blockchain was born into looks considerably different than the world we all live and work in today. Covid-19 has further changed the landscape of most businesses, underscoring the need for a more efficient payments system as the world accelerates the transition from cash to digital. Now, as companies begin facing critical junctions and inflection points, it’s time to reevaluate blockchain growth plans to ensure that growth is strategic, sustainable and solves a real problem. Most importantly, it’s…

Cardano Founder Charles Hoskinson Calls Crypto a ‘Political Movement’

June 8, 2020 boss

Charles Hoskinson, the creator of Cardano (ADA), has described participating in cryptocurrency as an inherently political act. Speaking during an impromptu ask-me-anything on YouTube, Hoskinson asserted that crypto-driven fundamental disruptions to monetary relations will not come without struggle, placing the crypto phenomenon within the political arena. Hoskinson also urged members of the crypto community to take a stand against increasing regulatory moves to crack down on encryption. Crypto is inherently political In the AMA streamed on June 5, Charles Hoskinson proclaimed that “Crypto is a political movement.” “Crypto is as…

U.S. Pentagon Predicted Global Unrest and Bitcoin’s Rise in a 2018 Army Wargame

June 8, 2020 boss

A U.S. Pentagon-created war game features a rather strange, but somewhat likely, narrative involving a revolution and Bitcoin. In the role-playing theatrical aimed at new military joinees, the underlying narrative involves crime fighters going head-to-head with a discontent Generation-Z, which ultimately starts using Bitcoin. Pentagon’s Bitcoin Narrative As reported by Decrypt, the war game is a computer-assisted, theatrical play called JLASS, or the 2018 Joint Land, Air, Sea Strategic Special Program. The game narrates how America’s frustrated and misoppurtuned youth launch a “Zbellion.” JLASS trains military officials with “likely” scenarios…

Analyst Predicts Next Bull Run Will Send Bitcoin to $150K and Ether to $9K

June 8, 2020 boss

The co-founder of cryptocurrency analysis company Blockfyre believes that a bull run will return, propelling Bitcoin (BTC) to a price of $150,000. In a tweet on Thursday, Simon Dedic suggested that these gains will not be reflected across the entire cryptocurrency market, although the more solid altcoins should also see impressive price action. No return to the cryptomania of 2017 Bitcoin’s dizzying ascent to its current all-time high of almost $20,000 in December 2017 came complete with a media frenzy around all things crypto. Coupled with a boom in initial…

New Report Sees Blockchain as Possible Cure for Labor Market Woes

June 8, 2020 boss

A new report from the American Council on Education argues that blockchain technology can help to restore individuals’ control over their credentials and better equip them in an increasingly insecure global labor market. Funded by the United States Department of Education, the report was published June 8, drawing its conclusions based upon research conducted from November 2019 through February 2020. Even prior to the COVID-19 pandemic, its authors note that as of December 2019, data from the Federal Reserve indicated that four in 10 recent college graduates were underemployed and…

Bitcoin Creator Satoshi Nakamoto May Be Ally of Pablo Escobar

June 8, 2020 boss

Yasutaka Nakamoto is an engineer who is known as an ally of Colombian drug lord Pablo Escobar. Now he is believed to be a Bitcoin creator. There are even some facts that may prove this claim One of the most interesting topics that linger in the world of cryptocurrencies is the identity of the man who created Bitcoin (BTC), the world’s first and biggest cryptocurrency. Since Bitcoin emergence in 2009, the identity of its creator(s) was generally known as Satoshi Nakamoto. A lot has been implied about the identity of…

5 Things to Watch for Bitcoin This Week

June 8, 2020 boss

Bitcoin (BTC) began a new week less than $500 away from $10,000, but sudden volatility remains — what should you look out for in the coming days? Cointelegraph presents a weekly roundup of the major factors set to influence BTC/USD price action this week. Stocks rise but suspicions remain Macro markets look set to continue an optimistic uptrend despite the chaos encircling the United States. The S&P 500 was solid pre-trading on Monday, buoyed by the curious combination of the U.S. economy reopening but mass protests continuing throughout the country. …