A closely followed crypto analyst and trader is predicting an epic rally for Bitcoin (BTC) that can push the value of the king crypto at least 30% higher from its current price at around $61,000. The pseudonymous analyst known as Altcoin Sherpa tells his 137,800 followers the key levels to watch as Bitcoin pulls back …
Monthly archives: October 2021
BTC price ‘on the way to $90K’ — 5 things to watch in Bitcoin this week
Bitcoin (BTC) launches into a new week determined to keep $60,000 as support — despite new all-time highs failing to last. After a classic Sunday dip, bulls regained control and have managed to keep BTC/USD clear of sub-$60,000 lows. With neither the April nor October all-time highs seeing a retest so far, however, investors are …
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Buyers shell out $7M for unseen NFT collection
Nonfungible token (NFT) investors have poured $7 million into a dutch auction that sold 50 tokens conferring ownership over digital artworks that will not be minted until December. Tyler Hobbs, the artist behind the popular NFT series Fidenza, will launch 100 one-a-kind digital artworks in his latest collection Incomplete Control at the New York City-based …
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SHIB plummets 20% as Elon Musk reveals he owns none
Shiba Inu (SHIB), the recently surging Dogecoin-inspired ERC-20, suffered a 20% retracement in two hours as Tesla founder and hypothetical Doge CEO Elon Musk announced to Twitter that he doesn’t hold any Shiba Inu tokens. The retracement came after SHIB surged past its previous all-time high to tag a local top of $0.000044 on Oct. …
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CFTC reportedly investigating decentralized prediction platform Polymarket
New York-based decentralized prediction market Polymarket has come under investigations from the United States Commodity Futures Trading Commission (CFTC). According to an Oct. 23 report from Bloomberg citing anonymous sources, the CFTC is investigating whether Polymarket is allowing its customers to trade binary options and swaps that should be registered with the financial regulator. The …
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DeFi activity on Solana (SOL) just touched an all-time high
Solana-based decentralized finance (DeFi) protocols have reached a new height as the total value locked of all assets on its blockchain is now $12.7 billion according to data from DeFi Llama. Per Defi Llama, this new peak was reached earlier on October 21 before it reversed to around $12.34 billion. It was also revealed that the …
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Nigerian President Muhammadu Buhari to Unveil Country’s CBDC
The Nigerian President, Muhammadu Buhari, is expected to formally launch the country’s central bank digital currency (CBDC) on October 25, 2021. High-Level Endorsement of the CBDC According to a statement released by the Central Bank of Nigeria (CBN), the formal event marking the e-naira’s launch will be held at the Buhari’s official residence. After the …
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Twitter CEO Jack Dorsey Warns Hyperinflation Will Soon Happen in US and the World
Twitter and Square CEO Jack Dorsey has warned that hyperinflation will soon happen in the U.S. and elsewhere in the world. “Hyperinflation is going to change everything. It’s happening,” he predicted. Many people disagreed with him, however. US Will Soon Experience Hyperinflation, Says Twitter CEO Jack Dorsey The CEO of Twitter and Square Inc., Jack …
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Elon Musk Discusses Important Dogecoin Improvements, Confirms No Investment in Shiba Inu
Tesla CEO Elon Musk has shared what he believes to be the most important dogecoin improvements. He also clarified that he does not have anything to do with the Dogecoin Foundation and is not investing in the shiba inu (SHIB) token. Musk confirmed that he is only holding three cryptocurrencies. Elon Musk on Dogecoin Improvements, …
Avalanche of Institutions To Descend on Crypto Markets Over Next 12 to 18 Months: SkyBridge Capital CEO
The CEO of global investment firm Skybridge Capital is predicting that the crypto markets will see more institutional interest in the next 12 to 18 months. In a new episode of The Best Business Show, Anthony Scaramucci tells host and Bitcoin bull Anthony Pompliano that more institutional investors will likely jump into the crypto bandwagon …
Bitcoin Price Prediction: BTC/USD Turning Bearish Below $61,500
Bitcoin Price Prediction – October 24 The Bitcoin price extends the bearish movement to the areas marginally below $60,500 after numerous trials to sustain gains above $61,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $68,000, $70,000, $72,000 Support Levels: $54,000, $52,000, $50,000 BTCUSD – Daily Chart Looking to buy or trade Bitcoin …
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Shiba Inu (SHIB) Jumps 50% To ATH Amid Robinhood Rumors
Shiba Inu (SHIB), one of the most popular meme coins, soared to an all-time high for the first time since May 11. The meme coin reached new heights of $0.00004432 over the weekend. SHIB was up over 50% in just 24 hours, according to the pricing from CoinGecko. Related Reading | Shiba Inu Outranks Chainlink And Takes …
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Zaragoza is the First Spanish City to Release NFTs
Zaragoza is the first city in Spain to release NFTs, a new form of digital property that has been gaining traction around the world. NFTs are a new form of digital property that allows users to own a piece of digital content, just as they would own a physical object. They’re also an investment—the value …
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Backed by Giants, Swash Wants You to Reclaim the Web
The value and impact of data are clear. People are aware of how expensive data is and the value it brings to the world’s most valuable companies. Increasing regulations have begun to push towards a more ethical, transparent system due to increasing privacy concerns and prominent data scandals, but alternatives are needed for a future …
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Reactivated Ethereum pools trigger a 78% surge in THORChain price
Ealier this year THORChain underwent a series of protocol exploits which led to $8 million being drained from its reserves and these successive attack took a heavy tool on RUNE price. This week, the protocol announced that it would re-open its Ethereum pool, along with other altcoin and BTC-based pools and the announcement appears to …
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