Bitcoin Remains The Best Protection Against A “Devalued Dollar”
During a time when money has become more difficult to come by for many, and the fiat monetary system is on the brink of collapse, Bitcoin might be the best chance at protecting wealth. One CEO of a risk management firm that educates investors on how to protect capital, claims that the leading cryptocurrency by market cap “remains the best short-term macro correlation” versus a “devalued dollar.” Here’s what that could mean and how that […]
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Ransomware remains a threat looming over every Internet user in the world today. Protecting one’s computer from this type of malware is becoming harder once again, thanks to the EMET-evading exploit. Security experts feel the number of ransomware infections will ramp up exponentially once again. EMET protection is found on the Windows operating system, as Microsoft designed this tool to block Windows-based exploits. However, internet criminals have come up with a way to bypass this protection. Moreover, they bundled the instruments in the Angler exploit kit, which remains one of the most....
Will Bitcoin end the dollar’s supremacy one day? Bitcoin (BTC) poses a significant threat to the world’s reserve currency, the United States dollar, according to a strategist at major American investment bank Morgan Stanley.Ruchir Sharma, chief global strategist at Morgan Stanley Investment Management, believes that the dollar’s reign is likely to end due to global distrust in traditional finance, while Bitcoin is likely to capitalize on that lack of confidence.In a Dec. 9 article in The Financial Times, Sharma provided a brief outline on the history of the world’s reserve currencies,....
Bitcoin’s short-term trend has grown somewhat unclear as of late, with the cryptocurrency being unable to extend its momentum past $13,800 This level has historical significance, as it is where BTC’s uptrend stalled back in the summer of 2019 when it rallied The sharp rise in the US Dollar’s value that took place yesterday may have been what sparked this movement Despite it now consolidating at just above $13,000 as bulls and bears reach an […]
For the time being, it remains unclear what this announcement means for bitcoin. China is planning to introduce some major changes in terms of market regulation. By the year 2020, China wants to address fake goods, food, and drug safety issues. Moreover, the government wants to impose more consumer protection measures, as there is a severe lack right now. An intriguing development, as this news goes to show some big changes are happening in the financial department. It remains unclear if this will have an impact on bitcoin in China, though. It is evident China wants to strengthen its....