As the crypto market continues to fumble each attempt at a recovery, crypto analyst Tyler Swope is discussing when and if the next altcoin season will arrive. Even though Bitcoin can’t seem to recover the $40,000 level and Ethereum is toying with dropping down to $2,000 again, Swope tells his 253,000 subscribers that there will …
Yearly archives: 2021
NFT art galleries: Future of digital artwork or another crypto fad?
As nonfungible token (NFT) art continues to develop as an industry, a new trend is quickly emerging: physical NFT galleries featuring digital, nonfungible pieces of unique artwork. Most recently, the largest Bitcoin (BTC) event in history — the Bitcoin 2021 conference — featured a peer-to-peer pop-up NFT art gallery with artwork from over 30 different …
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Cornell Economist Says Bitcoin Has 3 Flaws Driving People to Search for Better Alternatives
Cornell University professor of economics and former head of the IMF’s China division, Eswar Prasad, sees three major flaws in bitcoin. Because of these flaws, the professor says that “bitcoin really has set off something of a search for a better alternative.” Cornell University’s Professor of Economics Outlines Bitcoin’s Flaws Cornell economics professor Eswar Prasad …
Rich Dad Poor Dad’s Robert Kiyosaki Warns of ‘Biggest Crash in World History’ — Expects $24K Bitcoin Price
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted the “biggest crash” in world history. He also expects the price of bitcoin to fall to the $24K level. Robert Kiyosaki Foresees Biggest Crash in History Coming Famous author and investor Robert Kiyosaki has predicted that the biggest crash in the history of …
Grayscale Considering 31 Crypto Assets for Investment Products
Grayscale Investments is considering 31 crypto assets to add to its family of investment products. The company, with $32.9 billion in crypto assets under management, currently offers investments in 13 cryptocurrencies. Grayscale Investments announced Friday 13 additional crypto assets it is considering for investment products. These cryptocurrencies add to the initial list of coins the …
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These Altcoins Are Primed To Rip 10x in the Coming Months, According to Trader Michaël van de Poppe
Crypto analyst and YouTuber Michaël van de Poppe says he’s keeping a close watch on five altcoins that he says can potentially surge 10x against Bitcoin. In a new video, the crypto strategist says he’s looking closely at SXP, the native token of crypto-fiat gateway Swipe. According to Van de Poppe, the SXP/BTC pair must …
3 reasons why Ethereum may underperform Bitcoin in the short-term
Ether (ETH) price outperformed Bitcoin (BTC) by 173% from March 28 to May 15. The incredible bull caused the token to reach a $4,380 all-time high. However, as cryptocurrency markets initiated a sharp drop on May 12, the trend started to reverse, and since then, Ether has underperformed by 25%. Some might say it is …
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Figuring Out How Much Bitcoin Hashrate Resides in Mainland China Still a Mystery
Over the last few weeks, there have been many reports about crackdowns in China tied to bitcoin mining operations in various provinces. 30-day statistics show the hashrate has been fluctuating wildly, and across the last week it has slid downward roughly 26%. Reports Show Bitcoin Mining Crackdowns in Five Chinese Provinces Despite the slide, the …
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More Than Two Dozen Crypto ATMs to Be Installed in Texas-Based H-E-B Grocery Stores
H-E-B shoppers will soon be able to obtain digital assets at more than two dozen locations in Texas. Coin Cloud, a crypto automated teller machine (ATM) provider, says 29 H-E-B stores will feature kiosks that provide access to more than 30 crypto assets including defi tokens and stablecoins. H-E-B Stores in Texas to Host Coin …
$3.6 Billion Crypto Heist: South African Bank Denies Business Relationship With Fraud Accused Africrypt
According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. FNB also insists it did not enable the investment company’s transactions which helped Africrypt’s two directors disappear with billions of dollars in investor funds. Disappearance of Investor Funds The financial …
Goldman Sachs Expands Bitcoin Futures Trading With Galaxy Digital, Promises Ethereum Futures Next
Goldman Sachs is delving deeper into the crypto space, expanding its Bitcoin futures trading opinions and teasing the launch of Ethereum futures next. The financial giant is tapping Galaxy Digital as a liquidity provider for its broadened BTC trading platform, reports The Record. Goldman Sachs is announcing its partnership with Galaxy Digital after successfully executing …
One of the World’s Largest Banks Launching Bitcoin Trading and Custody in Switzerland
After six months of testing, this Switzerland bank is set to offer Bitcoin trading and custody services to its clients. BBVA Switzerland is the latest bank to enter the cryptocurrency space. Today, they announce that their service will open on June 21st for its private banking clients interested in digital asset investments. The six-month test …
Crypto Guru Su Zhu: Here’s What Caused Bitcoin Crash – And Here’s What’s Next
Su Zhu, CEO of crypto investment fund Three Arrows Capital, is providing his insight into what caused Bitcoin’s collapse in late May and where the crypto markets are headed next. In a new interview on the Uncommon Core podcast, Zhu says that a confluence between Bitcoin’s soaring price action and a series of bearish news …
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Bitcoin under threat, El Salvador rejected, Mark Cuban stung, McAfee ‘has nothing’: Hodler’s Digest, June 13–19
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Hawkish Fed comments push Bitcoin price and stocks lower again …
Data suggests the strong US dollar makes Bitcoin weaker argument is flawed
At the moment, there seems to be a general assumption that when the U.S. dollar value increases against other global major currencies, as measured by the DXY index, the impact on Bitcoin (BTC) is negative. For the past few weeks, analysts and influencers have been issuing alerts about this inverse correlation, which held true until …
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