Mexico’s third-richest billionaire, Ricardo Salinas Pliego, has advised investors to “buy bitcoin right now.” He explained that the U.S. is “looking more and more like any other irresponsible third world country.” Ricardo Salinas Pliego on US Economy and Bitcoin Mexican billionaire Ricardo Salinas Pliego commented on the U.S. economy and bitcoin Wednesday. He is the …
Yearly archives: 2021
JPMorgan CEO Jamie Dimon Warns People to Be Careful When Investing in Crypto Citing ‘No Intrinsic Value’
The CEO of global investment bank JPMorgan has warned investors about investing in cryptocurrency. “Cryptocurrency has no intrinsic value. You are basically buying a token,” he said. “I would be very careful.” JPMorgan Boss Jamie Dimon Warns About Investing in Crypto JPMorgan Chase and Co’s (JPM.N) chief executive officer, Jamie Dimon, shared his thoughts on …
1 million Shiba Inu users can’t be wrong… can they?
Shiba Inu (SHIB) has reached an adoption milestone by surpassing the 1 million holders mark — even though the memecoin is trading 50% below its all-time high. News of the milestone and daily price increase has energized the Shiba Inu community since the official Shiba Inu Twitter account tweeted a shoutout late on Nov. 25. …
Continue reading “1 million Shiba Inu users can’t be wrong… can they?”
Over 1 Billlion ETH Has Been Burned Since Ethereum EIP-1559
The Ethereum network has been burning ETH since the EIP-1559 first went into effect in early August. Since then, a portion of fees has been continuously burned, taking a large portion of the digital asset out of circulation. This hard fork had been implemented to combat the inflationary nature of Ethereum and it has been …
Continue reading “Over 1 Billlion ETH Has Been Burned Since Ethereum EIP-1559”
Why Hillary Clinton Warns Biden Administration To Regulate Crypto Market
During an MSNBC interview, Hillary Clinton continued to suggest hypothetical scenarios in which cryptocurrencies could destabilize the United States and called on the Biden administration to regulate them as she fears that state and nonstate actors manipulate the role of the U.S. dollar. Related Reading | Inverse Signals: Why Bitcoin Weakness Is Attributed To Dollar Strength …
Continue reading “Why Hillary Clinton Warns Biden Administration To Regulate Crypto Market”
Shiba Inu Continues To Struggle As Price Declines 17% In Past Week
Memecon Shiba Inu has continued to struggle this week as the crypto has lost 17% in value over the past seven days. Shiba Inu Continues To Decline As Whales Start Taking Profits DOGE’s cousin coin, SHIB, has been struggling this month as it tumbles down for a straight third week. Over the past seven days …
Continue reading “Shiba Inu Continues To Struggle As Price Declines 17% In Past Week”
Bitcoin Thanksgiving Day Data Reveals Peak Possible Within 30 Days
Today across the United States, the masses are celebrating the annual Thanksgiving holiday tradition. In the past, the holiday has acted as a catalyst for the final phase of the Bitcoin bull run. To celebrate the holiday and the ongoing cryptocurrency bull cycle, we are looking back at the history of Bitcoin price action over …
Continue reading “Bitcoin Thanksgiving Day Data Reveals Peak Possible Within 30 Days”
Bitcoin Thanksgiving Gift, Why BTC Heads For Fresh Rally
Bitcoin has been trading on the green side this Thanksgiving morning with a 4.1% profit in the 24-hour chart. Approaching a critical resistance level, BTC’s price stands at $59,042 and could see more appreciation in the short if it manages to flip $60,000 to support. BTC trends to the upside in the 4-hour chart. Source: …
Continue reading “Bitcoin Thanksgiving Gift, Why BTC Heads For Fresh Rally”
Ethereum Looking Stronger Than Bitcoin As ETH Holds Crucial Support: Crypto Analyst
A closely followed crypto analyst is keeping an eye on the top two digital assets by market cap as well as a pair of Layer-1 scaling solution altcoins. In the latest TechnicalRoundup newsletter, pseudonymous analyst Cred says that Bitcoin closed the week without a clear signal about where BTC’s price is headed. “Bitcoin/dollar offered a …
Cardano Tumbles After Crypto Exchange Announces Its Removal Over Regulatory Concerns
The price of Cardano (ADA) has tumbled after a large crypto exchange announced it will be delisting the coin for US customers by the end of the year. According to a statement from eToro, both ADA and Tron (TRX) will be removed over regulatory concerns. “US users will not be able to open new ADA …
Ethereum Whales Loading Up on 10 Altcoins, Including New Shiba Inu and Dogecoin Challenger
New on-chain data shows Ethereum whales are accumulating 10 altcoins, including an emerging competitor to Shiba Inu (SHIB) and Dogecoin (DOGE). The Ethereum whale wallet tracker WhaleStats has compiled a list of the top 10 altcoins purchased by the 1,000 largest Ethereum wallets in the last 24 hours. The numbers show the whales are first …
Elon Musk Acts on Behalf of Dogecoin Holders, Grabs the Attention of Binance CEO Changpeng Zhao
Elon Musk has grabbed Binance CEO Changpeng Zhao’s attention on Twitter as Dogecoin (DOGE) holders face withdrawal issues on the world’s largest exchange. Binance suspended the withdrawal of DOGE on its platform on November 11th due to an issue caused by an upgrade. The exchange says it is suspending withdrawal transactions for up to 14 …
Bitcoin overtakes Paypal on value transferred, sets sights on Mastercard: Report
The Bitcoin network already processes more volume by dollar value than Paypal and the largest decentralized cryptocurrency network in the world by market cap could outstrip Mastercard by as early as 2026. A Nov. 25 report from market intelligence platform Blockdata titled When might the Bitcoin network process volumes like Mastercard and Visa? points out …
Continue reading “Bitcoin overtakes Paypal on value transferred, sets sights on Mastercard: Report”
Australian Tax Office says it can’t rely on crypto users’ own records
The Australian Tax Office (ATO) says it can’t rely on crypto investors to keep track of their crypto transactions and profits — even though most investors try their best. Speaking at the 14th International ATAX Conference on Tax Administration conference on Nov. 23, ATO commissioner Chris Jordan stressed that many new crypto investors may not …
Continue reading “Australian Tax Office says it can’t rely on crypto users’ own records”
Ripple co-founder Jeb McCaleb’s “XRP dumping” has been on pause for the last 3 months
According to the website jed.tequ.dev, Ripple co-founder Jeb McCaleb hasn’t sold any XRP since the end of August this year. Making this one of the most prolonged periods in which he hasn’t offloaded his holdings. The data shows the last sale took place 12 weeks ago, where he transferred just under eight and half million …