The executive explained that when investors see the crypto market rallying for a couple of days, they pile back into bitcoin, ether, and some of the other cryptocurrencies. I think we are going to have these short-term rallies, but I don’t think that this is it. I think you’ll get some range-bound volatility now between […]
Dogecoin, the 12th largest cryptocurrency by market cap, is trading at $0.1431 per coin at the time of writing, based on data from Bitcoin.com Markets. Musk confirmed in March that he owns bitcoin, ether, and dogecoin, emphasizing that he will not sell them. A student of Austrian Economics, Kevin found Bitcoin in 2011 and has […]
Vaneck’s report explained that the investment team “attempted to quantify the emergence of new gold or bitcoin-backed currency regimes.” The study’s calculations estimate that gold could reach $31,000 per ounce and bitcoin could potentially hit $1.3 million per coin. Vaneck’s Insights blog post says “money has changed,” and highlights the recent sanctions against Russia which […]
On April 1, 2022, records show that 19 million bitcoin have been mined into circulation. When Satoshi Nakamoto created the Bitcoin network, the inventor set the maximum supply to 21 million, and research shows that the number is a hair less than 21 million. A block is discovered roughly every ten minutes and the next […]
ZIL was on the rise yet again to end the week, as prices are now trading almost 300% higher than on Monday. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on […]
Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance sector in the EU. The European Parliament’s Committee on Economic and Monetary Affairs . However, “the rules would not apply to person-to-person transfers conducted without a provider, such as bitcoins trading platforms, or among providers acting on their own […]
Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. Russia’s decision to invade Ukraine has been met with waves of Western sanctions that have limited Moscow’s access to its foreign currency reserves and the global financial market. Speaking to the Financial Times, the top IMF official […]
Citi has predicted that the total market for the metaverse economy could grow to between $8 trillion and $13 trillion by 2030. The report also discusses how users would access the metaverse. In January, global investment bank Goldman Sachs said that the metaverse could be as much as an $8 trillion opportunity. A student of […]
Ethereum was trading above the $3,400 level for a third consecutive session, however bullish momentum has somewhat eased, as market uncertainty has gradually risen. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or […]
On March 26, the Luna Foundation Guard held 24,954.95 bitcoin and during the last five days, LFG’s bitcoin wallet accumulated 5,773.02 bitcoin. On March 21, Bitcoin.com News reported on Terra’s founder Do Kwon hinting at purchasing $3 billion in BTC. At the time of writing, LFG’s wallet is the 29th-largest bitcoin wallet today out of […]
Billionaire Mike Novogratz says he is much more optimistic about the crypto market now than he was a month ago. The billionaire predicted earlier this month when BTC was struggling to break the $40,000 level that bitcoin’s price would range between $30,000 and $50,000 throughout the year. Last week, Treasury Secretary Janet Yellen admitted that […]
During the last month, Bitcoin’s hashrate has been coasting along above the 200 exahash per second zone, minus a number of drops here and there above and below that range. Bitcoin miners caught two breaks during the last month when the difficulty dropped two times in a row. While the difficulty was 27.97 trillion prior […]
Microstrategy has already acquired 125,051 BTC for its treasury. A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. Bandai Namco, a game developer and publishing company involved in the production of toys from several intellectual properties , has revealed more information about its $130-million metaverse gambit. …Read […]
On March 29, blockchain parsers caught a sequence of 11 transactions totaling 11,325 bitcoin moving from unknown wallets created in 2014, to a great number of recipient addresses. The DOJ said Vernon, otherwise known as ‘Big Vern,’ stole from accounts between May 2013 and May 2015 and proceeded to deposit the stolen funds into his […]
JPMorgan Chase & Co. In February, JPMorgan predicted that the long-term price of bitcoin would reach $150,000. The CEO of Defiance ETFs said she remains “completely bullish on bitcoin,” expecting the price of the cryptocurrency to reach $100,000. A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. […]
Amid expanding international sanctions over the invasion of Ukraine, Russia has been turning its attention to cryptocurrencies while concerns in the West are growing that the country may use them to circumvent financial restrictions. The incentives to build the Russian infrastructure for the cryptocurrency market have increased, as sanctions have led to restrictions for Russian […]
As Americans continue to deal with rising inflation, on Tuesday the spread between 2-year and 10-year Treasury yields inverted, signaling the U.S. The signal took place in Treasury bond markets as the spread between 2-year and 10-year Treasury notes inverted for the first time since 2019. The Economist asks: “Will dollar dominance give way to […]
Ethereum was trading below $2,800 to start the weekend, as crypto bears extended recent market sentiment. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned […]
Following two consecutive sessions of declines, cryptocurrencies rebounded on Friday, as markets prepared for the first non-farm payrolls of the year. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any […]
Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. He said that the meme cryptocurrency is a security and will be regulated. […]