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Chief Economist at the Bank of England Says Bitcoin Could Replace Cash

A five British pounds banknote with a golden plastic debit card Master Card and a metallic Bitcoin coin duplicate on a wooden surface. The representation of three generations of money: paper, electronic / plastic and digital.

Andrew Haldane, Bank of England’s (BoE) chief economist, shared a surprising personal opinion after giving a talk at one UK college. While answering various questions from the audience, he said that Bitcoin could replace cash. This was first shared in a Reddit thread started by a student who attended Haldane’s talk.

Flexa: The Platform for Everyday Cryptocurrency Purchases

flexa - platform for everyday cryptocurrency purchases

One of the biggest obstacles to cryptocurrency adoption is the fact that not too many retailers currently accept it. Crypto enthusiasts dream of a world where crypto is used more as a currency and less as an investment. Unfortunately, there are barriers for businesses that would otherwise adopt crypto. These include a steep learning curve and hardware expenses.

Argo Blockchain and HIVE Blockchain Partner to Create the Largest B2B Mining Service

blockchain concept

The “world’s largest” crypto mining service for business-to-business companies will be available in the near future. This ambitious project is the scope of a recent strategic partnership between Argo Blockchain and HIVE Blockchain. The two companies have entered into conditional heads of terms. Thus, no money will be exchanged in the transaction. Instead, the companies will swap shares between each other.

Germany Plans to Regulate Blockchain Bonds as Early as This Summer

germany plans to regulate blockchain bonds this summer

Germany is one of the leading economies in the European Union. Now, it wants to become the hotspot for blockchain companies and token trading. According to a local newspaper Handelsblatt, the ruling coalition government of the country plans to adopt clear regulations for tokens. This will happen as early as this summer.

Bitcoin Rallies During US-China Trade War

Two gold bitcoins lie on the green surface with a display in the background.

Stocks tumbled earlier this week as the US-China trade war escalated again. Meanwhile, Bitcoin continued the climb that started earlier this spring. CNBC initially made the connection and suggested causality.

CryptoWatch: The Cryptocurrency Monitoring App

cryptowatch cryptocurrency monitoring app

Cryptocurrency is famously volatile. It seems like every day since the launch of Bitcoin there is a new altcoin. So, how do you keep track of it all?

Can Social Media Predict the Price of Cryptocurrencies?

Twitter app on the smartphone screen with cryptocurrencies on the side

For years, social media has served as the writing on the wall. But, can it be used to predict the prices of cryptocurrencies? A recent study conducted at the Southern Methodist University in Texas says that it can. The twenty-two page 2018 report looked at the volume of posts on social media website Twitter. It also looked at trends in searches provided by Google and compared the results with the prices of cryptocurrencies.

Fidelity Survey: Institutional Digital Assets Investments Will Grow in the Next 5 Years

Golden bitcoin (cryptocurrency) in hand of businesswoman.

Digital assets will feature higher in the investment portfolio of various institutional investors. These are the findings of a recent survey by US-based Fidelity Investments.

Crypto Expert Tom Lee on Bitcoin: “Evidence Is Mounting That There Is a Bull Market”

Two gold bitcoins lie on the green surface on the background of the display, which depicts the growth of the position on the chart

Tom Lee, finance expert and head of research at Fundstrat Global Advisors, has good news for Bitcoin enthusiasts. He believes that the crypto winter is over and digital currencies, particularly Bitcoin, will start surging in value. He supports his bullish attitude on eleven signs included in a recent report published by Fundstrat.

The Rise of Digital Gold: Could Bitcoin Replace Gold?

bitcoin and gold

In what feels like ancient history, money was made of gold. In more recent history, money simply represented gold. With countries increasingly moving off of the gold standard, how will we measure value? To be clear, this is a trend that predates the rise of cryptocurrencies. We were asking these questions well before crypto came along. However, a new report asks how cryptocurrencies like Bitcoin fit into this question.