Robinhood Crypto Exchange Scraps Plan to Become a Bank

Robinhood has had an about-turn on its plans to become a bank. Commission-free stock and cryptocurrency trading pioneer withdrew its application with the Office of the Comptroller of the Currency yesterday. Robinhood Pulls Bank Charter Application Valued at a staggering $7.6 billion, Robinhood ushered in a new era shaking up the status quo with commission-free …

Bitcoin (BTC) Shows Signs of Important Reversal To $8K

Bitcoin price is recovering and it recently broke the main $7,375 and $7,400 resistances against the US Dollar. The price is likely to start a strong rise to $8,000 once it clears the $7,700 resistance. There is a short term contracting triangle forming with resistance near $7,540 on the hourly chart of the BTC/USD pair …

In Nod to Crypto Community, Twitter Won’t Purge Hal Finney’s Account

Crypto Twitter members breathed a collective sigh of relief today after some reassurance from the man himself. Square Crypto, whose Twitter account is seemingly manned by bitcoin bull Jack Dorsey, revealed that the Twitter account of the late Hal Finney isn’t going anywhere. It started with a tweet by bitcoin rewards app Lolli, which asked …

Op Ed: Want to Learn About Bitcoin? Try Contributing a Transcript

Continuing the series on the various ways one can learn about the technical aspects of Bitcoin, in this article we will focus on transcripts and contributing to or reading the archive of transcripts maintained by Bryan Bishop (kanzure). In the early years of Bitcoin’s history, all communication involving Satoshi Nakamoto occurred online on mailing lists, …

Bitcoin-Based IRA Investments to Break $1 Billion Soon

The pension crisis is deepening across the world. As a result, Bitcoin-based retirement products are now taking center stage. Most notably, the Bitcoin IRA, which is already processing over $350 million and is projected to reach investments for over $1 billion shortly. Investor Sentiment Is Bullish on Bitcoin The pension crisis is spreading all over …

Op Ed: Bitcoin Is the Key to Ethical AI

The current development of Artificial Intelligence (AI) and Machine Learning (ML) is fundamentally flawed. Peter Thiel recently described crypto as libertarian and Reid Hoffman describes AI as authoritarian. This speaks to the concentration of power and control that has taken place in AI and ML. Cryptocurrency, as a technology, and Bitcoin in particular, empowers people …

Tether (USDT) Volume Raging Amid Crypto Market Crash

The turnover and volumes of Tether (USDT) boomed in the past days, while the market was crashing. USDT volumes are now above $31 billion, as sell-offs boosted the demand for stablecoins. Tether in the Top 4 USDT is now the fourth largest coin by market capitalization, lining up at the top as other assets slid. …