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The CEO of one of the biggest exchanges in the world tells everyone to get their Bitcoin off of exchanges

Regulators in Canada have come out in full force to request Crypto Asset providers to provide info or lock accounts for individuals linked to the protests and those who have donated to the movement. Jesse Powell, the founder of one of the biggest exchanges in the world, Kraken, has publicly advised people to move their crypto assets off of exchanges and into self-custody. 

Regulation and Altcoins: from Facebook to Failure

With regulation looming, altcoins are in for a rude awakening. They will most certainly increase regulation on Bitcoin exchanges over time, but Bitcoin itself will keep evolving and circumventing. This is what it does best. Decentralisation is everything. It is the entire point of crypto. But most people fail to realise what this actually means. It is what makes Bitcoin indestructible and thus, so valuable. It is what makes Bitcoin the only competitor to the Plutocrats. Bitcoin is Us. Everything else is Them.

8 Misconceptions about Bitcoin 

Bitcoin is a complex subject and there is an enormous amount of information to sift through and make sense of. Unfortunately, there is also a lot of misinformation and misunderstanding surrounding Bitcoin so we have done a bit of myth-busting. We want to continue with our Bitcoin Basics this week and focus on some misconceptions that many have about Bitcoin. If Facebook, Twitter and others can do Fact Checking – so can we.

What can we expect from Bitcoin this year?

There are a lot of possibilities this year and the biggest short-term factor will undoubtedly be what Central Banks decide to do. Dovish or Hawkish – either will drive the price.

In the long-term, however, it doesn’t matter. This is why we implore people to have a long-term perspective on their Bitcoin holdings.
As Bitcoin adopters put in more time and effort to understanding this asset, we will likely see this asset move from risk-on to risk-off, with a lot of volatility in between.

Sit back, focus on the things that matter, don’t try to time the markets, stack more Sats, have a long-term perspective and enjoy the ride.

Have a great year ahead!

A new year, a new Bitvice

Happy new years, happy 13th birthday to Bitcoin and finally we would like to introduce you to the new Bitvice – where we’ve made buying and securing Bitcoin simple.
Whilst Bitcoin’s price has been boring people to death, we’ve been hard at work and have partnered with Stitch to make buying Bitcoin the right way – as easy as possible.