Bitcoin vs. Altcoins: Which Will Make You More Money in 2020?

Now that market sentiment has changed and traders are feeling bullish, comes the age old question, Bitcoin or Altcoins? Let’s take a look at which investment strategy may have the bigger payoff. Buy Bitcoin or take chances in the Altcoin Casino? The bullish sentiment is back, and traders have been placing their allocations on their favorite blockchain projects. The question on most investor’s minds is which coin will have the biggest payoff? Is it Bitcoin, the largest coin by market cap, or smaller cap Altcoins? Bitcoin is the most decentralized…

Meet the KFC Worker Who Ran a Bitcoin Drug Empire From His Attic

A British KFC worker has been sentenced to 8 years in prison for running a million pound drug operation from his house in Leicestershire. Drugs, £1.8 million cash and over £300,000 in Bitcoin were seized by local police. From Fast Food to Fast Money In 2017 police executed a search warrant on Paul Johnson’s home, where they found large quantities of several class A and class B drugs including ecstasy, cocaine, ketamine, and cannabis. Johnson had been selling the drugs nationwide via post, according to the local report. Between August…

Bitcoin Hits New Yearly High For the Second Day in a Row

Bitcoin once again hit a new yearly high, for the second consecutive day. This morning Bitcoin reached a price of $9869 on BitMEX, the largest and most liquid crypto trading exchange. Bitcoin, has been having a stellar year so far It’s been another wonderfully good day for Bitcoin, and every other coin in the top ten by market cap, except Bitcoin SV which is in the red. Bitcoin smashed through yesterday’s resistance of $9779, and reached a new yearly high of $9869. Ethereum has also made solid gains today, up…

3 Signs We’re Definitely in a Bitcoin Bull Market

The past few days have given off even more indicators that bullish attitudes have returned to the bitcoin and wider crypto market. Buckle your seatbelts, we could be in for a long ride.  Bitcoin Futures Market Are Lighting Up Bitcoin (BTC) briefly broke through the $9,200 support, spending about a day above $9,100. But the move downward turned out to be a brief blip on the radar as BTC roared again above $9,600. At this price, Bitcoin is taking a breather, but there are signs the overall expectations point to…

Bank of Korea Sees No Reason for Central Bank Digital Currency

Bank of Korea sees no need to generate a Central Bank Digital Currency (CBDC), an official shared the regulator’s position. Despite the overwhelming presence of cryptocurrency projects in South Korea, the country’s central bank is skeptical of the drive for CBDCs. Bank of Korea Warned Against Speculations for Launching CBDC Bank of Korea, however, will continue its exploration of digital assets and the potential for CBDCs. The bank has recently opened a dedicated research department, reported The News Asia. With this move, Bank of Korea is joining the global trend…