Why Fiats Are Failing in 2020

Is Bitcoin failing as a new currency? It's never said outright, but it is implied, inferred, or subject to innuendo. The rhetoric is coming from many of it's earliest and most ardent supporters in the corporate world, but are they right? Are they just being impatient that it is not growing fast enough for the demands of their stockholders? Are they mismanaging their business plan, being dependent upon Bitcoin's US dollar value? Do they have a point? Is Bitcoin itself the problem? Is Bitcoin failing, or are we failing Bitcoin? First, let's review the rhetoric, which has gained momentum over....

Bitcoin remains buoyant, and is now approaching $11k for the third time despite repeated waves of uncertainty crashing over the crypto market. Last Thursday, U.S. regulators filed charges against the founders of crypto exchange BitMEX, who stand accused of failing to prevent money laundering. Adding to the uncertainty, Ethereum founder Vitalik Buterin dropped another bombshell, […]

Over the past few weeks, Chainlink’s price action has been nothing short of lackluster, with the cryptocurrency failing to gain any serious momentum as investors widely shift their focus away from altcoins and towards Bitcoin. This trend shows few signs of letting up anytime soon, as most major altcoins are all stagnating as BTC continues […]

California attorney Charlotte C. Lin is planning to launch an investigation in cryptocurrency mining manufacturer KnCMiner, an announcement reveals (hat tip to Coin Fire). Lin, who practices in a number of legal areas that include DUI defense, immigration, employment, and more, has launched a website at "kncclassaction.com" for the cause. According to the announcement, the firm is actively "investigating KNCMiner for possible breach of implied warranty of fitness, misrepresentation, and other violations of law by failing to provide a functional or usable product, false advertising; failing....

Solana (SOL) recently experienced a price pullback after failing to break below the crucial $118 support level. This rebound indicates strong buying interest at this support level, preventing further declines and stabilizing the price.  The $118 mark has proven to be a resilient support, with market participants closely watching Solana’s price action for signs of […]