Cryptocurrencies Like Bitcoin Can't Replace the Dollar, Says New York Fed Chief Nominee

Twitter CEO Jack Dorsey predicted that Bitcoin will eclipse all the world's currencies in around 10 years . But the man nominated to be head of the New York Federal Reserve disagrees. In a speech Friday, the current San Francisco Fed President John Williams laid out a case for why cryptocurrencies, …
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Feds can't find alleged Longmont Bitcoin scammer so they want to serve him by email

Longmont's Dillon Dean, founder of Longmont's The Entrepreneurs Headquarters, is pictured in a screenshot from his YouTube video. A Longmont man accused in a Bitcoin Ponzi scheme has eluded being served papers by the federal agency suing him for allegedly defrauding investors of more than …
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Bitcoin can't break above long-term trend line, looks set to resume slide

The rally to begin the week pushed the price of bitcoin toward $ 9,100 and near two key technical levels—the 50-day moving average at $ 9,401 and the 200-day moving average at $ 9,223. However, after failing here, bitcoin could be set to resume its selloff. Chart watchers use moving averages to help …
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An influential former bureaucrat thinks India just can't regulate bitcoin

India's been grappling with regulation of cryptocurrencies for a while now, often indicating its aversion to them—yet not banning it. However, a former top finance ministry official insists that bitcoin and its ilk ought not to be allowed at all. Shaktikanta Das, a former secretary of economic affairs who also …
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