Bitcoin SV’s Social Platform Twetch Streamlines P2P Payments

Bitcoin SV powered social media platform Twetch has launched a feature to streamline peer-to-peer (P2P) payments. Twetch is a Twitter-like social media platform where users must make micropayments in order to post and engage with content on the platform. Content creators are directly paid for their activity through a revenue sharing system based on likes and shares. The platform is currently in private beta. Command-line style payments feature Tweet has rolled out the ability for users to send BSV to each other by entering the command-line ‘/pay’, a user’s tag,…

Ethereum Takes a Bit Hit But Another Lift-Off To $180 Is Likely

Ethereum is currently correcting lower from the $176 monthly high against the US Dollar. ETH price remains well supported on the downside near the $162 and $158 levels. Ethereum is correcting lower and trading below the $170 level against the US Dollar, similar to bitcoin. The price is holding the main $162 and $158 support levels. There is a key contracting triangle forming with resistance near $170 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rally again towards $180 as long as there is no…

UFC Fighter Changes Twitter Name to Promote Bitcoin Halving

As Bitcoin (BTC) prepares to undergo a block reward halving next month, at least one prominent figure in the sports world is doing his part to promote the event. Ben Askren, former Ultimate Fighting Championship (UFC) fighter and well-known Bitcoin bull, has changed the display name on his Twitter account to “Bitcoin Halving May 13”. Askren has more than 311,000 followers. Source: Twitter The name and date are referring to the official halving event happening in just over 36 days. When the total blocks in the BTC network reach 630,000,…

Pandemic Could Be The Tipping Point For Bitcoin

The global spread of the coronavirus played a major role in the dramatic 2020 stock market crash. The bailout bill for saving the world’s economy is $7 trillion and rising fast. Bitcoin bull Tim Draper believes this confluence of factors may be the tipping point that allows innovations such as Bitcoin and smart contracts to flourish. In an interview on April 6, the global venture capital investor said he was skeptical about the government’s infinite money printing bailout plan and said it would take years before that money “permeates” the…

Charity Crypto Poker Tournament: Big-Stacking Sats for COVID-19

The crypto community is rallying around the charge to fight COVID-19, with a variety of initiatives raising money to fight the pandemic and support charities on the front lines of the battle. The most recent: an online poker tournament, open to anyone and featuring a host of well-known crypto faces. The Giving Block has partnered with a number of high-profile cryptocurrency and blockchain firms to promote #CryptoCOVID19, a campaign to raise $100K — which kicked off with a matching pledge of $50k each from Vitalik Buterin and Gitcoin for all…

Hexit? EU and Hungary Battle over European Corona Crisis Pandemic

Hungary looks more like the next potential Grexit or Brexit amid the coronavirus crisis. European leaders see existential threat to the Union from divided national responses to coronacrisis. Hungary’s PM seizes full dictatorial power on indefinite timeline due to coronavirus threat. Former European Commission chief Jacques Delors said on March 28 that a lack of European solidarity, particularly with respect to the EU and Hungary over the coronavirus crisis, presented “a mortal danger” to the bloc. As reported by France 24, Delors said coronavirus threatens the EU’s existence as gravely as…

It’s Time For Beer & Bitcoin: Quarantine Edition

In the latest episode of Beer & Bitcoin, Cointelegraph’s YouTube hosts Jackson and Giovanni were joined by Cointelegraph editor-in-chief Jay Cassano and managing editor Kristina Lucrezia Cornèr. They are in quarantine in New York City and Padova, Italy, respectively. But we’re not inclined to let quarantine hold us down. With some beers on hand, it’s easy to get into an engaged crypto discussion. This time the conversation focused on the economic fallout of Black Thursday, Binance’s acquisition of CoinMarketCap, and the near-emergency shutdown of DeFi giant MakerDAO. Check out the…

The Luckin Coffee Fraud: Hold Beijing Accountable

Luckin is halted pending news. The stock has already fallen by over 80% due to fraud findings. Luckin is just one in a long line of fraudulent Chinese companies that are plaguing U.S. exchanges. The Chinese Communist Party is ultimately responsible for these crimes. They create an enabling environment for scams. As if stealing intellectual property, forced organ harvesting and a deadly coronavirus weren’t bad enough, openly fraudulent stock listings are the latest nightmare to come out of China. And the Communist Party is doing nothing to stop it. Well…

We Blew a $4.2 Trillion Debt Bubble – Then 10 Million of Us Lost Our Jobs

The latest Federal Reserve consumer credit report released on Tuesday. It shows record levels of outstanding credit in February: $4.2 trillion. With unemployment rocketing, another financial crisis is around the corner. Total outstanding U.S. consumer credit stood at nearly $4.2 trillion in February. According to the latest consumer credit report from the Federal Reserve, seasonally adjusted consumer borrowing increased by 6.4% in February. As the economy flails through the worst financial crisis in living memory, consumer credit has become a massive liability to consumers and lenders alike. Consumer Credit Bubble…

Bitcoin Naysayer Jamie Dimon Praises $2 Trillion Stimulus While Predicting Great Recession

JPMorgan Chairman and CEO Jamie Dimon praised the U.S. government for quick action in the wake of COVID-19, yet he criticized it for not having a “pandemic playbook.” Dimon is mostly known among the crypto community for his derisive statements about Bitcoin (BTC). In September 2017, Dimon called Bitcoin “a fraud” right before its historical peak.  On another occasion he said: “It’s worse than tulip bulbs. It won’t end well. Someone is going to get killed.” A few months later, he acknowledged regretting those statements. (And when JPMorgan subsequently announced…