Starbucks will be the first launch of the upcoming payment service for Bakkt cryptocurrency. This comes months after reports that the coffee chain accepted direct Bitcoin payments were turned on. Now it seems obvious that the company will soon start accepting Bitcoin payments through the merchant portal of Bakkt.Read More »Starbucks for the Cryptocurrency Payment Service of Bakkt until July 2020
Coinbase, the leading U.S. crypto exchange, says the number of Bitcoin users in the U.S. has now hit 27 million, accounting for about 9 percent of all Americans.
Coinbase analyzes the global adoption and use of BTC since its inception in a new report marking the 11th anniversary of the Bitcoin whitepaper, comparing the leading cryptocurrency with the advent of the internet.Read More »Coinbase Now Has 27 Million Bitcoin (BTC) Users in the US
Genesis Mining conducted a survey asking what support is given to the U.S. dollar. Apparently, about 30% of the U.S. public believe that gold still supports the dollar.
The Bretton Woods system came to an end in 1971, and then the USD-to-Gold convertibility was officially terminated. The dollar became a fiat currency alone, and free-floating exchange rates. Despite this occurring nearly 50 years ago, some Americans still feel that gold is somehow tied to dollars.Read More »30% of Americans Believe the U.S. Dollar Is Backed by Gold
Gold is often compared to Bitcoin, but let’s look at the differentiation of their actual price. At the prices of today, 1 oz. Approximately 0.15 BTC of gold. To compare, 1 oz. In 2011, the value of the metal was 584 BTC.Read More »In 2011, Gold Was Worth 584 Bitcoin an Ounce, Now 0.15
We’ll start with the general cryptocurrency news and the big story at the moment which everybody’s talking about in the crypto space is that they see the Chinese president (Xi Jinping) he obviously is the leader of China and they’ve basically they had these huge Press releases come out and they’re saying that they’re they want to be the world-leading country for blockchain technology. This is massive.
So Bitcoin and Ethereum are two of the most popular cryptocurrencies out there. But have you taken the time to look at how they compare, how they’re similar and different in a variety of different aspects like their origin, monetary policy, scripting language, how they handle network upgrades and so forth? Read More »Ethereum vs Bitcoin 2019 – 9 Things You Need to Know (Similarities & Differences)