Entries by Matt Grossman

US Congressman: Facebook Should Adopt Bitcoin, Drop Libra Project

U.S. Congressman Warren Davidson of Ohio’s 8th congressional district was recently interviewed by Noded Bitcoin Podcast co-hosts Pierre Rochard and Michael Goldstein. During the interview, the conversation turned to Facebook’s Libra project and the differences between the social media giant’s offering and Bitcoin. Earlier this year, it was Congressman Davidson who used the term “shitcoin” during a congressional hearing

What’s Going to Happen With Bitcoin?

Since its inception in 2009, Bitcoin has made and ruined fortunes, helped sell fentanyl and books about cryptocurrency, withstood literally millions of jokes and just as many predictions of imminent collapse, and—through a process opaque to most people, myself included—arrived at a point where, as of this writing, roughly ten of them could buy you

Why Bitcoin is annihilating every one of your favorite altcoins

Bitcoin continues to crush its opposition as the leading cryptocurrency now enjoys a nearly 69% share of the entire crypto market cap. This is the highest level of “Bitcoin Dominance” since April 2017 and marks an extremely frustrating period for altcoin investors. BITCOIN RISES, ALTCOINS STAGNATE Bitcoin has continued to increase its dominance over altcoins, hitting

Who Invests in Bitcoin? The Answer Might Surprise You

There are several common perceptions about investors in bitcoin and other cryptocurrencies. For example, bitcoin investors are generally thought of as younger people and as a very small subset of the population. In order to get a better idea of who is interested in and investing in bitcoin, Grayscale recently commissioned a survey. Conducted by Q8

Blow To Bitcoin As Former Banker Makes Stark Price Warning

Bitcoin and cryptocurrency bulls have been out in force over recent weeks and months, pushing the bitcoin price and the wider cryptocurrency market to year-to-date highs and somewhat recovering lost ground after a disastrous 2018. The bitcoin price has more than doubled in the first half of 2019, rising from under $4,000 to over $8,000 as the