Billionaire Says an Exponential BTC Price Increase Would be a Disaster

2020-06-26 02:32:14

Chamath Palihapitiya, the billionaire CEO of Social Capital and Virgin Galactic Chairman, has called Bitcoin a type of disaster insurance against governments making bad financial decisions. In an interview with Unchained Podcast on June 23, Palihapitiya said hard-working people need something like Bitcoin as insurance, as the cryptocurrency is “really fundamentally uncorrelated” to the consequences of legislators behaving badly.

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Japan's Top Idol Just Became the New Face of BitFlyer Crypto Exchange

2020-06-24 08:59:00

Japan's most famous idol just became the face of bitFlyer, one of the largest cryptocurrency exchanges in the country. Asuka Saito is one of the most popular members of Nogizaka 46, a leading idol group in Japan consisting of 46 girls. Debuted in 2011, it started as a sister group of AKB 48, the then-most popular idol unit.

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PayPal Bitcoin Rumor Boosts $12K BTC Price Rally Chances

2020-06-23 03:57:00

Bitcoin (BTC) coming to PayPal and Venmo may be just a rumor, but some of the cryptocurrency’s best-known names are turning bullish. As the news hit that the payment processor was allegedly planning crypto buying and selling for its 305 million users, BTC/USD spiked to test resistance at $9,600.

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3 Reasons Why DeFi Tokens Are Outperforming Bitcoin Price

2020-06-22 08:23:00

Decentralized Finance (DeFi) has been a rapidly growing sector in the crypto space and although the volume of the DeFi ecosystem yet to surpass that of the general crypto market, the new way of lending and saving has garnered positive media coverage and “praise”. DeFi shows great promise and the market is starting to reflect this, as many DeFi-based tokens have been pumping strongly in 2020, with some tokens showing gains above 60% in the past 5 days.

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Filipino Crypto Scammers Are Impersonating Government Officials for Profit

2020-06-22 04:19:00

Another Filipino finance entity issued a warning against the alleged crypto Ponzi scheme Bitcoin Revolution, accusing them of impersonating the country’s president, as well as its finance and treasury officials. According to the Department of Finance (DOF) in an alert published on June 21, Bitcoin Revolution has been using the name of Secretary of Finance Carlos Dominguez III to promote what the watchdog claims is a fake “cryptocurrency auto-trading platform.”

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