Source: Unsplash As cases of the COVID-19 virus have continued to rise in every corner of the world, the economic costs have quickly become just as apparent as the human costs, the true extent of which we will likely not know in full for a long time. Entire industries such as travel and tourism are grinding to an almost complete halt, whilst major employers across all industries are either considering …
[Read More]

More details are coming to light regarding the PBOC’s press release related to Bitcoin. After the initial announcement sent shockwaves throughout the cryptocurrency community, it appears the bank has Bitcoiners’ best interest at heart. The institution forbids exchanges to do offline promotion, wants them to halt their fake order volumes, and not mentioned the Yuan devaluation. Plus, stronger KYC must be enforced. All things considered, none of these decisions will …
[Read More]

The world of finance received some interesting yet surprising news this week. As it turns out, neither China nor the US will competitively devalue their local currencies. Although such an agreement existed already, both parties felt the need to reaffirm their position. But what does this even mean for Bitcoin? An Odd Agreement With Interesting Repercussions Anyone who has been following the financial sector over the past year will have …
[Read More]