Andreas Antonopoulos: CME’s Bitcoin Futures Likely Surpressing Price

If you were around in the cryptocurrency community during December 2017, you likely remember the craze that existed in this market. Back then, everyone and their mother was talking about Bitcoin; you literally couldn’t get away from the conversations about blockchains or the latest “hot” altcoin. But as quick as Bitcoin blew up, the cryptocurrency […]

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China-Based IDAX CEO Goes “Missing,” Withdrawals Halted

In something seemingly out of a movie, the chief executive of IDAX, a lesser-known cryptocurrency trading platform purportedly in Shanghai, has disappeared off the face of the Earth. The exchange has since been in damage-control mode, trying to pick up the pieces of their crumbling platform. Crypto CEO Disappears; Users Angry On November 24th, IDAX […]

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HSBC to Use Blockchain to Track Billions Worth of Assets

While incumbents of the world of traditional finance have been quick to cast aside Bitcoin, they’re not expressing the same sentiment towards blockchain. In fact, banks, prominent investors — Bitcoin skeptic Warren Buffett included — have embraced blockchain, co-opting the technology as a way they can improve the speed, cost, and security of transactions and […]

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Crypto Valley’s Bitcoin Suisse Unveils New Ethereum Staking Service

Swiss “Crypto Valley” pioneer Bitcoin Suisse is going to help its customers secure the Ethereum 2.0 network and get paid for doing so. The crypto-broker and custodian announced as much on November 27th, when the firm unveiled the roll out of its coming Ethereum 2 Staking Service offering. Through it, customers will be able to […]

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VanEck Director Weighs In On What Pushed Bitcoin Below $8,000 Last Week

Bitcoin (BTC) hasn’t been doing too hot as of late. If you’ve been reading Blockonomi, you likely know that. Last week, we covered the price drop, which pushed the leading cryptocurrency from $8,000 to as low as $6,600 on Sunday. What we didn’t cover, however, were potential catalysts behind the strong sell-off. The thing is, […]

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Federal Reserve President Thinks Debt Could Hamper Economy: Bitcoin as a Hedge

The Great Recession of 2008 hit hard. The stock market plunged by dozens of percent in months — wiping out trillions of dollars worth of wealth across the world — and people lost their homes and livelihoods. Though, in a dramatic fashion, the central banks of the world, namely the Federal Reserve, swooped in to […]

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