‘Big 4’ Giant PwC Accepts Bitcoin in Filthy-Rich Tax Haven Luxembourg – CCN Markets

PwC Luxembourg will accept your bitcoin for services rendered. | Source: Shutterstock The Luxembourg unit of the Big Four accounting firm PricewaterhouseCoopers has announced that its clients will be able to pay for services in Bitcoin a month from now. In a press release, PwC Luxembourg indicated that it will begin accepting Bitcoin payments from […]

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Venezuela’s Bitcoin Trading Explodes Amid Alleged Anti-Maduro Plot – CCN Markets

Venezuela’s government has accused Colombia of backing a violent anti-Maduro plot as the country with the world’s largest oil reserves hits record bitcoin trading volumes. | Source: REUTERS/Manaure Quintero/File Photo The number of Bolivars exchanged for Bitcoin in Venezuela has surged to yet another record high as economic and political woes of the Latin American […]

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Craig Wright to Challenge Court Ruling in $10 Billion Bitcoin Lawsuit – CCN Markets

Self-proclaimed bitcoin inventor Craig Wright plans to challenge judge Bruce Reinhart’s ruling that knocked down his affirmative defenses. | Source: (i) YouTube (ii) REUTERS / Dado Ruvic / Illustration / File Photo; Edited by CCN Self-proclaimed bitcoin inventor Craig Wright plans to challenge the recent ruling against him in the $10 billion lawsuit filed by […]

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Bitcoin Teeters on $10K, But Can It Fend Off Another Bear?

Bitcoin’s recent market movements have thrown into contention consensus about its short-term price direction, with traders asking openly if demand is strong enough to fend off another bear market. Such a question has emerged in the wake of the world’s largest cryptocurrency’s inability to set new highs above those seen in June and July, when optimism […]

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Bitcoin Price Will NEVER Hit $50,000, Peter Schiff Rants

Chonic crypto critic Peter Schiff promised that the Bitcoin price would never, ever hit $50,000. One trader told us he is dead wrong. | Source: Cambridge House International Inc./YouTube (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: The Bitcoin price has defied his bearish portents before, but goldbug and chronic crypto critic Peter […]

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These Bitcoin Users Want DAI and DeFi – Here’s How They Plan to Get It

Summa co-founder James Prestwich wants to bridge the great divide: bitcoin vs. ethereum. Now his firm is teaming up with fellow blockchain startup Keep to launch the Cross-Chain Working Group, which aims to create a protocol for using bitcoin on ethereum-based systems. The group hosted its first meeting on Thursday with more than 40 participants, […]

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Why Bitcoin Will Never Replace Fiat Currency

Bitcoin price dipped under $10,000 while trading on Sunday. | Source: Shutterstock As the resident bitcoin skeptic at CCN.com, today I’ll be looking at the myth that bitcoin will one day replace all fiat currencies. The Bull Fiat Currency Case for Bitcoin The bullish argument goes as follows: governments are increasing their borrowings to unprecedented […]

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