Crypto analyst and influencer Elliot Wainman is shining a spotlight on a handful of altcoins that he believes are ready to erupt in the coming weeks as the entire crypto market continues to rebound and Bitcoin floats within the $47,000 range. In a new strategy session, Wainman tells his 347,000 YouTube subscribers that Ethereum (ETH) …
Category archives: Trending Crypto news
A multichain approach is the future of the blockchain industry
The blockchain industry market size was estimated by some to reach more than $21 billion by 2025. The market capitalization of the cryptocurrency market as a whole already reaches over $1.9 trillion. An ecosystem that was once defined by its tight-knit community and exclusivity now reaches governments, businesses, institutional investors and individuals who are all …
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Finder’s Expert Panel Predicts ‘Pump and Dump’ DOGE Will Hit $0.42 at End of 2021
HodlX Guest Post Submit Your Post Dogecoin (DOGE) is set to hit $0.42 by the end of the year, according to the average panel forecast in Finder’s Dogecoin price predictions report, but any increase the coin sees could be short-lived. In fact, a vast majority of the panel (80%) thinks that DOGE is a bubble. …
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Pro-Crypto House Lawmakers Are Fighting Digital Currency Clause in Infrastructure Bill
As the heavily debated infrastructure bill makes its way through Congress, proponents of cryptocurrencies are speaking up in the U.S. House of Representatives in an effort to combat controversial crypto legislation. The unmodified bill imposes requirements on crypto exchanges and other entities to report transactions to the Internal Revenue Service (IRS) for tax-reporting purposes, which …
Bullish Ethereum traders can place risk-averse bets with this options strategy
Being bullish on Ether (ETH) has paid off recently because the token gained 60% in the last 30 days. The spectacular growth of decentralized finance (DeFi) applications likely fueled inflow from institutional investors, and the recent London hard fork implemented a fee burn mechanism that drastically reduced the daily net issuance. Although Ether is not …
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Five Tax Mistakes All Crypto Investors Should Avoid
Cryptocurrency has grown increasingly popular among aggressive traders due to its substantial volatility relative to equity and forex markets. Cryptocurrency or crypto has grown increasingly popular among aggressive traders because of its substantial volatility relative to the equity and forex markets. Although the same technical analysis techniques apply, numerous distinct variations exist between cryptographic and …
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PlanB Maintains $100K Bitcoin Prediction, Reveals When His Model Would Be Invalidated
Quantitative analyst PlanB says he believes that his end-of-year price forecast for Bitcoin will be realized. Speaking on the What Bitcoin Did podcast, PlanB says that he’s keeping faith in the stock-to-flow model he popularized in the cryptocurrency space. The stock-to-flow model, typically used in valuing traditional assets, aims to predict price by measuring existing …
This Iconic 92-Year-Old US Magazine Plans To Hold Ethereum
US business magazine Fortune says it will hold half of the proceeds from the recent sale of its non-fungible tokens (NFT) in crypto. In its first-ever NFT auction held on August 6th, the magazine sold a set of 256 digital collectibles of animated cover art priced at one Ether (ETH) each. The cover art is …
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Ethernity Releases Manny Pacquiao Collection in Collaboration With Rikognition
August 14, 2021 – Las Vegas, Nevada Ethernity, the groundbreaking authenticated NFT project, is releasing a set of digital art NFTs and trading cards commemorating Manny Pacquiao, the famous boxer turned politician and philanthropist. The centerpiece of the collection is a close up and highly realistic portrait “PacMan” by Rikognition. PacMan, named after Pacquiao’s popular …
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Infrastructure bill passes, Coinbase posts $1.6 billion in Q2 profit, $600 million stolen in DeFi hack: Hodler’s Digest, Aug.8-14
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 Infrastructure bill passes US Senate — without clarification on crypto …
Wealth managers gain exposure to Bitcoin via Grayscale, according to new SEC filings
New filings with the United States Securities and Exchange Commission, or SEC, reveal that four wealth management companies have acquired shares of Grayscale’s Bitcoin Investment Trust, offering further evidence of institutional adoption of digital assets. As first reported by MacroScope, a Twitter feed devoted to institutional trading and asset management, the firms disclosed their GBTC …
These Are the Five Countries Paving the Way for Crypto Adoption, According to Binance
As crypto adoption continues to sweep across the globe, major crypto exchange Binance is showcasing five standout countries that it says are leading the way. In a recent blog post, Binance covers the various catalysts driving crypto adoption and highlights five particular countries that are seeing accelerated growth based on data pulled from Statista’s global …
Vietnam leads crypto adoption in Finder’s 27-country survey
Emerging economies like Vietnam, India and Indonesia are leading the charge when it comes to cryptocurrency adoption, underscoring important use cases for digital assets tied to remittances and financial inclusion. Finder’s survey of 42,000 people across 27 countries revealed that Vietnam had the highest adoption rate, with 41% of respondents claiming they had purchased cryptocurrency. …
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Bitcoin holds $46K support after failed breakout, Cardano price passes $2.20
Bitcoin (BTC) bounced at $46,000 support on Aug. 14 after an attempt to crack major resistance ended in rejection. BTC/USD 1-hour price chart (Bitstamp). Source: TradingView Bitcoin rejects at $48,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising to tackle a giant sell wall during Saturday, only to reverse downwards to Friday’s levels. …
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Michaël van de Poppe Analyzes Four Altcoins, Predicts Possible Scenarios for Bitcoin and Ethereum
High-profile crypto trader Michaël van de Poppe is analyzing four altcoins that recently broke out, and he’s also tracing the path of Bitcoin and Ethereum. Upon request from his 361,000 Twitter followers, Van de Poppe takes a look at proof-of-stake blockchain Terra (LUNA), which is up 3.6% on the day at time of writing, trading …