Popular on-chain analyst and Bitcoin bull Willy Woo is unveiling two key factors that he believes could stall BTC’s price expansion. In a new tweetstorm, Woo tells his 572,300 followers that he doesn’t think Bitcoin has entered bear territory. ADVERTISEMENT “The first thing to look at is to answer, ‘Are we in a bear market?’ …
Author archives: Adam Owen
Bitcoin price can hit $450K in 2021, $135K is ‘worst-case scenario’ — PlanB
Bitcoin (BTC) could trade at an eye-watering $450,000 by the end of 2021, while $135,000 would be the “worst case scenario.” That’s according to analyst PlanB, who on June 20 released his latest sentiment-busting bullish BTC price prognosis. Bitcoin to match all-time high in October Well known as the creator of the stock-to-flow Bitcoin price …
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Flare Networks Publishes Final Details of the Spark Token Distribution
Flare Networks has released the final details of the Spark Token (FLR) distribution 100 Billion Spark Tokens (FLR) will be minted when the network is launched 45 Billion of the Spark Tokens (FLR) will be distributed to individual XRP holders who participated in last year’s snapshot Ripple, Jed McCaleb and non-participating exchanges are excluded from …
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Decentralized identity can bring the analog world into the digital one
It is a given that connected devices need reliable, distributed ledger, technology-based digital identity solutions. That is an essential requirement for the Internet of Things (IoT). In the machine economy, devices must be able to recognize and communicate with one another; robust identity management solutions are key to effectively securing data and processes. But what …
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Bitcoin price dips below $34K as day of Grayscale’s giant BTC unlocking draws near
Bitcoin (BTC) dropped to local lows of $33,750 on June 20 as fears over weak support levels proved to be well founded. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD swiftly dropping below $34,000 on Sunday after choppy behavior at the start of the weekend. A comedown from resistance …
Revised Bill ‘On Virtual Assets’ Aims to Regulate Ukraine’s Crypto Space This Summer
The Ukrainian parliament has released an updated version of the draft law “On Virtual Assets.” The revised bill requires exchanges to obtain government authorization, disclose their ownership and implement mandatory KYC procedures. The document has been criticized by regulators in Kyiv but the government wants the legislation passed before the parliament’s summer break. Draft Law …
Global Nonprofit Operation Smile Opens Its Doors to Crypto Donations
The global nonprofit Operation Smile has announced the organization is now accepting crypto assets like bitcoin and dogecoin. The nonprofit is a surgical volunteer-based outfit that helps people with cleft conditions improve their lifestyles. Surgical Volunteer-Based Nonprofit Operation Smile Accepts Crypto Donations On July 18, one of the largest surgical volunteer-based nonprofit in the world, …
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Bitmain Reveals New Scrypt Miner — Model Mines DOGE and LTC Four-Times Faster Than Today’s Top Machine
Regional reports from an exposition in Chengdu indicate Bitmain has unveiled a new scrypt ASIC rig for dogecoin, litecoin, digibyte, and verge mining. The Chinese reporter who disclosed the information says the new Bitmain model has a hashrate of around 9,500 megahash per second (MH/s) and overseas prices are reduced by 13%. Bitmain Unveils New …
Top Trader Expects Massive Rallies in Bitcoin and Ethereum Before 2022 – But There’s a Catch
A closely-followed crypto trader is predicting giant rallies for Bitcoin and Ethereum before the turn of the new year, but there’s a catch. In a series of tweets, the pseudonymous trader and analyst known as Kaleo lays out gargantuan predictions for BTC and ETH in the coming months. ADVERTISEMENT Among other things, Kaleo predicts …
Here’s When the Altseason Rocket Takes Off, According to Crypto Trader Tyler Swope
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 …
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 …