『 You’d Be Crazy To Spend Your Bitcoin, Ethereum, Or Dogecoin With Coinbase’s Debit Card 』
Coinbase announced that its Coinbase debit card holders will be able to make retail purchases with their Bitcoin, Ethereum, or Dogecoin holdings by linking the card to Apple Pay and Google Pay. It sounds good, but paying with cryptocurrencies is a big mistake for most people.
『 Coinbase Cofounder Issues Serious Crypto Price Warning As Bitcoin ‘Death Cross’ Fear Spreads 』
Coinbase cofounder Fred Ehrsam has warned “most” cryptocurrencies and crypto assets “won’t work” and “90% of NFTs” will have “little to no value in three to five years”…
『 Billionaire Bitcoin Investor Mark Cuban Calls For Crypto Regulation After Price Of Radical New Token Suddenly Crashes To Zero 』
Mark Cuban, the billionaire investor and owner of the Dallas Mavericks that has begun dabbling in bitcoin and crypto, has called for regulation of burgeoning decentalized finance (DeFi) space…
『 Recent IRS Memorandum Reaffirms Bitcoin, Ether & Litecoin Exchanges Are Not Like-Kind 』
IRS reaffirms that crypto-to-crypto trades (BTC, ETH & LTC) are not eligible for the like-kind of exchange treatment.
『 Can’t Decide Between Gold Or Bitcoin? Why Not Both? 』
This week he [Paul Tudor Jones] made a similar call in response to runaway inflation, saying he’d go “all in” on not just gold but also crypto and commodities if the Federal Reserve refuses to step in and tame rising consumer prices.
『 Is Bitcoin More Wasteful Than Bank Bailouts Were? 』
Many who decry bitcoin’s carbon emissions seem focused only on the issue of “waste” — once categorized this way, any improvements such as shifting to more carbon-neutral sources of energy will not work for its most extreme detractors.
『 El Salvador Can Pay World Bank In Bitcoin, According To Charter 』
The World Bank’s founding document obliges the developmental body to accept payments in the local currencies of its members. In El Salvador’s case, that means bitcoin and bitcoin-backed debt securities.
『 Crypto Price Mayhem: Data Reveals Bitcoin Is Braced For A ‘Short Squeeze’ 』
Analysis of bitcoin trading data has suggested the bitcoin price could be hit by a so-called “short squeeze”—when the price of an asset increases rapidly due to an excess of bets against it…
『 El Salvador’s Quick Bitcoin Adoption Leaves More Questions Than Answers 』
In a matter of just a few days earlier this month El Salvador became the first country in the world to adopt bitcoin as legal tender. However, much remains to be figured out.