Carl Menger: The Nature and Origin of Money

Carl Menger: The Nature and Origin of MoneyIn the early stages of trade, when economizing individuals are only slowly awakening to knowledge of the economic gains that can be derived from exploitation of existing exchange opportunities, their attention is, in keeping with the simplicity of all cultural beginnings, directed only to the most obvious of these opportunities. In considering the goods he […]

The post Carl Menger: The Nature and Origin of Money appeared first on Bitcoin News.

Bitcoin Price Touches $10K Amid 2020’s Macroeconomic Storm and Covid-19 Fears

Bitcoin Price Touches $10K Amid 2020's Macroeconomic Storm and Covid-19 FearsOn May 7, 2020, the price of a single bitcoin crossed $10,000 per unit in USD value as the network only has four days until the halving, otherwise known as the “quantitative hardening” by some investors. The cryptocurrency’s per annum inflation rate will drop from 3.6% to 1.8% on or around May 12, 2020, as […]

The post Bitcoin Price Touches $10K Amid 2020’s Macroeconomic Storm and Covid-19 Fears appeared first on Bitcoin News.

World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic

World’s Largest Banks Losing Stock Value During Weeks Marked by PandemicThe spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with a shrinking asset base. Also read: US Cash Crisis: Withdrawal […]

The post World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic appeared first on Bitcoin News.

German Bank Predicts BTC at $90,000 After Next Halving

German Bank Predicts BTC at $90,000 After Next HalvingYou wouldn’t expect a traditional financial institution to come up with a very optimistic forecast about the future of a cryptocurrency or an honest appraisal of its design. But Bayern LB, a lender based in the rich German province of Bavaria, has surprised the crypto community. In a recently published research paper, the bank asks […]

The post German Bank Predicts BTC at $90,000 After Next Halving appeared first on Bitcoin News.

Cryptophyl.com Launches Dedicated Exchange for SLP Tokens and BCH

Cryptophyl.com Launches Dedicated Exchange for SLP Tokens and BCHThe team behind the former cryptocurrency exchange Voltaire recently announced the launch of a new trading platform specifically designed for Simple Ledger Protocol (SLP) tokens. Three weeks ago the new exchange called Cryptophyl.com launched its trading engine and the first SLP token supported is the community-driven Spice token. Also Read: New Liberty Dollar Founder Subpoenaed […]

The post Cryptophyl.com Launches Dedicated Exchange for SLP Tokens and BCH appeared first on Bitcoin News.

Is Bitcoin Money? Revisiting Mises’ Regression Theorem

Is Bitcoin Money? - Revisiting Mises' Regression TheoremOver 100 years after the publication of Austrian economist Ludwig von Mises’ “The Theory of Money and Credit,” the ideas outlined therein are still sparking hot debate. Namely, what is known as Mises’ Regression Theorem, which claims that in order for something to be money in the most proper sense, it must be traceable to […]

The post Is Bitcoin Money? Revisiting Mises’ Regression Theorem appeared first on Bitcoin News.

More than One Year Later, BTC Price Skyrockets Past $10K

Over a Year Later BTC Price Skyrockets Past $10KOn June 21, the price of bitcoin core (BTC) crossed the $10,000 mark for the first time since March 08, 2018. At the moment BTC has a $180 billion dollar market capitalization as the cryptocurrency gathered more than 166% over the last six months. Also read: These Are 2019’s Biggest Cryptocurrency Winners and Losers so […]

The post More than One Year Later, BTC Price Skyrockets Past $10K appeared first on Bitcoin News.

Markets Update: Digital Currency Economy Surpasses $300 Billion

Digital currency prices have spiked considerably in the last 24 hours and bitcoin core (BTC) stopped short about $70 in an attempt to cross the $10K price zone. Most cryptocurrencies are up between 2-8% on Friday, June 21 and the entire cryptoconomy surpassed $300 billion. Also read: These Are 2019’s Biggest Cryptocurrency Winners and Losers […]

The post Markets Update: Digital Currency Economy Surpasses $300 Billion appeared first on Bitcoin News.

Markets Update: Crypto Prices Surge After Last Week’s Pullback

Digital currency markets have regained some of the losses they endured last week, with the entire cryptoconomy now valued at $275 billion this Saturday. Most cryptocurrencies are up in value between 2-8% today but global trade volumes have tapered off with only $63 billion swapped in the last 24 hours. Also read: Bitcoin.com’s Local Bitcoin […]

The post Markets Update: Crypto Prices Surge After Last Week’s Pullback appeared first on Bitcoin News.

Markets Update: Crypto Prices Sink Lower Finding New Support Levels

Markets Update: Crypto Prices Sink Lower Finding New Support LevelsOn June 9, digital currency markets have been meandering along in a consolidated manner after the slight downturn this afternoon. At the moment, the entire cryptocurrency market is around $243 billion, but global trade volume has dropped from $80 billion on June 5 to $56 billion this weekend. Also read: Bitcoin.com’s Local Bitcoin Cash Marketplace […]

The post Markets Update: Crypto Prices Sink Lower Finding New Support Levels appeared first on Bitcoin News.