FastBitcoins Launches Dollar-Cost Averaging Feature – Bitcoin Magazine

So far, Bitcoin adoption in 2020 has been defined by the phenomenon of “stacking sats.” The notion of quickly and seamlessly converting fiat into bitcoin in small, regular increments has lowered a perceived barrier that BTC investment requires large, single purchases and has encouraged Bitcoiners to build up their HODLings on a regular basis. Of the handful of services that allow users to stack sats, FastBitcoins may be filling a unique niche. It offers in-person bitcoin buying in physical outlets, where users can directly convert their fiat cash into BTC.…

Read More

Bitcoin Shines as Hedge Fund Manager Warns Gold Ownership Could Become Illegal

Opportunities for Bitcoin could grow as its top safe-haven rival Gold risks regulatory challenges. The U.S. Federal Reserve might impose a ban on private gold ownership to tackle inflation, according to hedge fund manager Crispin Odey. The central bank resorted to a similar strategy after the Great Depression to neutralize the US dollar value. The prospects of Bitcoin on Wall Street grow further as a billionaire hedge fund manager paints a grim outlook for its safe-haven rival, Gold. Crispin Odey, head of London-based Odey Asset Management, wrote in a letter to…

Read More