The Bitcoin price upsurge has been a surprise to many people. Many are still anxious, waiting for the other shoe to drop, and think that the Bitcoin price will crash in 2021. A few experts shared with us what they think will happen to the Bitcoin market this year. Chad Elwartowski First Seasteader Ocean Builders […] …
Tag: gold
Russian Public Officials Have Until April to Sell Their Cryptocurrency Holdings
Russian government officials have to dispose of their cryptocurrency holdings by April 1st, 2021, according to a letter from the Ministry of Labor. …
Investing in Bitcoin is as Safe as Gold And Bonds, Says SkyBridge’s Anthony Scaramucci
New regulations, institutional entrance, and global economic uncertainty have helped bitcoin to mature, making it a safe and reliable investment option. …
A Supply of 2.1 Quadrillion Satoshis Disqualifies Bitcoin as a Scarce Resource- Says Peter Schiff
Bitcoin is not as scarce as commonly perceived, according to Bitcoin Critic and gold Investor Peter Schiff. Bitcoin has a maximum cap of 21 million, but each bitcoin can be subdivided into a further 100 million smaller units named satoshis in reference to the pseudonym of Bitcoin’s anonymous founder. “The idea that Bitcoin is scarce […] …
After brief cheers, U.S. banks are back to bashing Bitcoin again
Some US banks have restarted their outrage against Bitcoin even as others have warmed up to the asset in the past year.
The post After brief cheers, U.S. banks are back to bashing Bitcoin again appeared first on CryptoSlate. …
Debunking ‘Bitcoin is a Bubble’ hoax: Stop waiting for a catastrophic crash
Mainstream financial analysts are not yet done with the ‘Bitcoin is a bubble’ narrative to label the cryptocurrencies as a fad. Over the years, BTC skeptics have shown disdain for Bitcoin’s ability to power financial services and replace traditional currencies effectively. Even though a complete crypto takeover of the financial industry won’t happen any time […] …
New Report Claims Barriers to Institutional Crypto Adoption Decreasing
A new report from advisory firm Aite Group, prepared in partnership with eToroX suggests that the barriers to institutional entry in cryptocurrencies are decreasing. However, […] …
Meet the Startups Merging Blockchain and Real-World Assets
One of the holy grails of blockchain technology has always been the potential for it to support the tokenization of real-world assets, allowing users to send, receive, and exchange the ownership rights to physical goods just as easily as making a Bitcoin transaction. But in the more than a decade that blockchain-based platforms have been […] …
Over $100 Billion Wiped off the Market Cap as Bitcoin Slided Beneath $29,000 (Market Watch)
The crypto market cap has lost nearly hundreds of billions in a few days as bitcoin and most altcoins have dumped by double-digit percentages. …
Bitcoin is an Unreliable Hedge During Market Upheavals: JP Morgan Analysts
Analysts from JP Morgan have said that Bitcoin has failed to perform as a hedge as opposed to other more traditional assets. …
Canada’s Former PM Believes Bitcoin Could Help Usurp the Dollar
Canada’s cryptocurrency space is beginning to heat up, with new developments hoping to bring more investors into the fold. Against the backdrop of ecosystem development, a […] …
Ethereum all-time high is finally here: ETH hits $1400
TL;DR Breakdown Ethereum all-time high has finally hit the charts at $1430 and rising. Ethereum price started climbing after 7:30 AM GMT. Ethereum all-time high is likely to push the price to new highs. The wait is over, the much anticipated Ethereum all-time high has finally formed and the queen of cryptocurrency is breaking new […] …
Australian Police Track Down Luxury Items Linked to Bitcoin Millionaire’s Girlfriend
An Australian businessman accused of money laundering is about to lose pretty much everything. Apparently, his girlfriends will be on the hook for his crimes […] …
Ecuadorian Presidential Candidate Suggests CBDC to Improved Payments
Several developments headlined the news cycle for the crypto industry in 2021. One of them was the growing interest in Central Bank Digital Currencies (CBDCs). […] …
Former U.S. Treasury Secretary Larry Summers Says Bitcoin (BTC) Is Here to Stay, Former Canadian PM Calls It Reserve Currency
Bitcoin (BTC) remains a hot topic of discussion among top delegates and institutions of the world. The former U.S. Treasury Secretary Larry Summers has recently endorsed Bitcoin saying that it is here to stay. During an interview with the Bloomberg Wall Street Week, Summers said: “I think some institution, like Bitcoin (BTC), is here to stay.
The post Former U.S. Treasury Secretary Larry Summers Says Bitcoin (BTC) Is Here to Stay, Former Canadian PM Calls It Reserve Currency appeared first on Coingape. …
CBDC: Central Banks will do all to frustrate Bitcoin
TL;DR Breakdown Frank Giustra says that governments would stifle Bitcoin growth because of their CBDC projects. China launches a Digital Yuan ATM. Billionaire investor, Frank Giustra, has said that governments and central banks in the world will do all they can to stifle the growth of Bitcoin. In an interview with Daniella Cambone of Stansberry […] …
Bitcoin adoption: real applications and users would push BTC mainstream
TL;DR Breakdown Andrey Sergeenkov says real-world use cases would boost Bitcoin adoption. Bitcoin is now being used to hedge against inflation. Famous crypto trader and journalist Andrey Sergeenkov think that Bitcoin adoption would be driven by real-world use cases and not institutional investors. He made this known in a recent article he wrote on Cointelegraph. […] …
Institutions Are Back, Grayscale Bitcoin Trust Purchases Nearly 10,000 Bitcoins (BTC) In Three Days
While Bitcoin (BTC) has been trading currently in downward pressure of around $36,250, institutions and whales have started accumulating once again. The Bitcoin (BTC) price is down by more than 10% over the last week, and Grayscale Bitcoin Trust (GBTC) has entered a buying spree once again. Over the last three days, Grayscale has accumulated
The post Institutions Are Back, Grayscale Bitcoin Trust Purchases Nearly 10,000 Bitcoins (BTC) In Three Days appeared first on Coingape. …
Move Over BitCoin… There’s a New Chief in Town!
ExMarkets and CoinMargin exchanges launch NativeCoin (N8V) Cryptocurrency Initial Exchange Offering! John Simmons, former chairman of the Nisqually Tribe (which operates the Red Wind Casino), wants to make it perfectly clear: “Move over Bitcoin, because there’s a new chief in town!” That new chief in the world of cryptocurrency is NativeCoin (N8V ), a sovereign […] …
Move Over BitCoin… There’s a New Chief in Town!
ExMarkets and CoinMargin exchanges launch NativeCoin (N8V) Cryptocurrency Initial Exchange Offering! John Simmons, former chairman of the Nisqually Tribe (which operates the Red Wind Casino), wants to make it perfectly clear: “Move over Bitcoin, because there’s a new chief in town!” That new chief in the world of cryptocurrency is NativeCoin (N8V ), a sovereign […] …
Bitcoin Gold: What’s the future of Bitcoin Gold
In 2009, Bitcoin (BTC) was introduced on the premise that everyone could participate in its mining process, which was the case until BTC gradually increased in value. As more people joined the train, the competition also increased effectively, which tipped the balance in the elite miner’s favor who had switched to a more sophisticated mining […] …
The $1200 U.S. stimulus payment invested in Bitcoin in April is now worth $6,495
If the recipient of a United States stimulus payment in April invested the check into Bitcoin, the check would now be worth $6,495.
The post The $1200 U.S. stimulus payment invested in Bitcoin in April is now worth $6,495 appeared first on CryptoSlate. …
Bitcoin Correlation With US Dollar Reaches a New Low Owing to Recent Printing Spree
Bitcoin bounced back strongly today after a record price crash of more than $10,000 on Monday. The top cryptocurrency is currently trading above $38,000 and looking to reclaim its position above $41,000. At the start of 2020 bitcoin was struggling to keep its position above $10k and had a strong co-relation with S&P 500 leading
The post Bitcoin Correlation With US Dollar Reaches a New Low Owing to Recent Printing Spree appeared first on Coingape. …
Here’s why these 10 crypto personalities say Bitcoin is the BEST money
The debate on Bitcoin being money or not rages on.
The post Here’s why these 10 crypto personalities say Bitcoin is the BEST money appeared first on CryptoSlate. …
Ruffer Investment Boss Calls Bitcoin ‘Nonsensical’ as Company Adds BTC to Portfolio
One of the most exciting things about the current Bitcoin rally is its ability to defy reasonable economic laws. Still, the fact that it remains […] …
Bitcoin veteran has $220 million in a locked wallet…and he can’t access it
You don’t want to be Stefan Thomas, the owner of 7,002 Bitcoin, right now.
The post Bitcoin veteran has $220 million in a locked wallet…and he can’t access it appeared first on CryptoSlate. …
Increased institutional investors needed to stabilize crypto market volatility – Goldman Sachs
TL;DR Breakdown Jeff Currie believes that institutional investors would help stabilize the crypto industry. The numbers of institutions investing in cryptocurrency has increased since last year. Jeff Currie, the global Head of Commodities Research at Goldman Sachs, in an interview on CNBC’s The Coin Rush, made it known that institutional investors would play a pivotal […] …
Billionaire BTC Critique Howard Marks Is ‘Thankful’ His Son Bought Bitcoin
Less than four years after saying that cryptocurrencies “are not real,” billionaire investor Howard Marks admits he could have been wrong. …
Prominent crypto skeptic admits he may have underestimated Bitcoin
Bitcoin bounces at $30k support to allay fears of a complete capitulation.
The post Prominent crypto skeptic admits he may have underestimated Bitcoin appeared first on CryptoSlate. …
Win BTC Prizes with The 1xBit Gold Hunt Tournament
[PRESS RELEASE – Please Read Disclaimer] Exciting mysteries, Bitcoin treasures, and hidden secret tombs await those who are willing to embark on the 1xBit Gold Hunt Tournament. January 12th, 2021, Limassol, Cyprus – Do you fancy yourself as an explorer with a thirst for exciting adventures and collecting rewards? Do fast-flowing rivers, merciless winds, unbreakable […] …
Bit Digital Bitcoin Mining Firm Sees Market Cap Surpass $1 Billion
Bit Digital (BTBT) stands as a crypto mining firm. Recently, the firm has achieved a total market value above the $1 billion mark, moving up […] …
Bitcoin awareness: Adults are gradually becoming familiar with BTC
TL;DR Breakdown: Adults in the US are gradually becoming familiar with Bitcoin. Men are more familiar with Bitcoin than women. Notably, Bitcoin awareness has been increasing steadily with every proceeding year, and the price of the cryptocurrency has been a major factor contributing to this. Especially in 2020, the crypto gained more attention after it […] …
Bitcoin price : ‘the higher it goes, the lesser the risk’ – Bill Miller
TL;DR Breakdown William Miller says the higher the price of Bitcoin gets, the less riskier it becomes. The Bitcoin asset can now be thought of as a digital gold In an interview with Kelly Evans on CNBC’s “The Exchange”, William Miller, a legendary American investor has spoken about how incredible Bitcoin is currently performing. According […] …
Winklevoss’ 7-Year Bitcoin Price Prediction Comes True As Max Keiser Envisions $220,000 By Dec 2021
Bitcoin in 2021 has fulfilled two major BTC prediction – a 7-year old from Cameron Winklevoss and a 3-year old from Max Keiser. Where to next? …
Story of a Safe Haven: Why Investors Flock to Gold During a Recession
In the last 50 years, gold has climbed from $410 an ounce up to around $1,900 an ounce today and has earned a reputation as one of the most reliable investment assets. Although gold is rapidly growing in popularity among investors, during times of a recession, its popularity tends to skyrocket — and it’s not […]
The post Story of a Safe Haven: Why Investors Flock to Gold During a Recession appeared first on CryptoPotato. …
How Will the US Election Affect the Markets? Join $2000 SimpleFX Trading Cup
Everyone expects a bumpy ride toward the US presidential election this year. On November 3, the people will choose who will lift the pandemic-ravaged economy. Generally, a pump in volatility occurs during election years, and this presents plenty of profit opportunities for margin traders. Join the $2000 SimpleFX US Election Trading Cup and ride the […] …
Bitcoin Price Prediction: BTC/USD Crashes to $11,200, Makes a Gradual Recovery Above $11,300
Bitcoin (BTC) Price Prediction – September 2, 2020Today, Bitcoin’s price breaks the $12,000 resistance as price reaches a high of $12,060. Buyers failed to sustain […] …
Robert Kiyosaki: Bitcoin, Gold, and Silver Make People Smarter And Richer
Robert Kiyosaki believes that gold, silver, and Bitcoin will help Americans against the “corrupt Fed.” He also noted that the primary cryptocurrency educates young people.
The post Robert Kiyosaki: Bitcoin, Gold, and Silver Make People Smarter And Richer appeared first on CryptoPotato. …
S&P 500 To Hit 4,000 In 12 Months, Veteran Strategist Predicts: Bullish For Bitcoin?
Despite the COVID-19 pandemic, prominent strategist believes the S&P 500 will reach 4,000 in a year. Will this be bullish for Bitcoin?
The post S&P 500 To Hit 4,000 In 12 Months, Veteran Strategist Predicts: Bullish For Bitcoin? appeared first on CryptoPotato. …
PegNet Launches Mobile Wallet for Android
The fully-decentralized network of stablecoins, PegNet, announces the launch of the first mobile wallet for Android users to easily convert pegged asset tokens. PegNet wallet hosts 42 stable pegged asset tokens of the top fiats, cryptocurrencies, and commodities gold and silver PegNet is the first proof-of-work oracle-based stablecoin network for DeFi Fixed $0.001 cost for all transactions and conversions within the PegNet system PegNet community launches the first mobile wallet for users on the android app store. Cryptocurrency users now […] …