Currency

Poll: 80% Of Consumers Bullish On Bitcoin

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A new survey conducted by SharesPost shows that not only have digital currency investors kept the faith in these volatile times, but an overwhelming majority of those queried are planning to boost their crypto holdings.

In a survey of crypto holders that included 2,490 retail investors and 528 accredited investors, SharesPost said that 59 percent of investors and nearly 72 percent of consumers are planning to increase their crypto stashes ovr the next 12 months…. CLICK for complete article

Apple Co-Founder Jumps On The Blockchain Bandwagon

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Apple’s co-founder Steve Wozniak has always been fan of cryptocurrencies but struggled with the broader blockchain trend, claiming it was just a bubble. But now there are signs that he’s had a change of heart after gaining a better understanding of everything blockchain… CLICK for complete article

Why The Crypto Market Has Lagged In 2018

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The cryptocurrency shakeout is well upon us. The crypto market has crashed spectacularly from its January highs, managing to retain just a quarter of its peak value. Looking at the crypto global charts might lead you to believe that this is a zero-sum game since we are back exactly where we were before the crazy rally…. CLICK for complete article

Venezuela’s PDVSA To Start Using ‘El Petro’ Next Week

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Venezuela’s state-owned oil company PDVSA will start using the local cryptocurrency El Petro for all its transactions on August 20, President Nicolas Maduro said, as quoted by Sputnik. The president did not mention whether PDVSA’s business partners agreed with the change, yet the shift to a cryptocurrency in all of PDVSA’s business dealings is only part of a much bigger monetary overhaul…. CLICK for complete article

Trump Increases Tariffs on Turkey: Lira Plunges 18%, Global Stock Spillover

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The Turkish Lira collapsed as much as 18% as Trump escalated his feud with Turkey over a detained US pastor.

The US wants Turkey to release protestant minister Andrew Brunson who is charged with “acting on behalf of two groups deemed by Turkey to be terrorists.” Brunson has been under house arrest in Turkey since October 7, 2016.

Erdogan demands the US return Turkish cleric Fethullah Gülen who is in exile in the US. Turkey accuses Gülen of terrorism. Charges of terrorism are ridiculous. Edrogan refuses to give the US evidence…. CLICK for complete article

Bitcoin Loses $7,000 Support After ETF Delay, Altcoins Suffer Large Losses

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Bitcoin (BTC) prices broke below the $7,000 support level late August 7 to hit lows on Wednesday, August 8 not seen since mid-July, as 99 out of the 100 coins on CoinMarketCap see red…. CLICK for complete article