Compound (COMP), the governance token of the eponymous Ethereum-based lending platform, has monumentally crashed about 40 percent over 24 hours, according to data provided by trading terminal Cryptowatch. While commenting on this fall from grace, RT host and influential crypto proponent Max Keiser noted the only purpose of altcoins was to take Read more…
Nassim Taleb, author of “Skin in the Game,” got into a small Twitter feud in which he explained that most investors can’t understand the nuances of a cryptocurrency like Bitcoin. According to a tweet posted by Nassim Taleb on June 21, Bitcoin (BTC) is a good idea but “almost all bitcoiners are Read more…
John Cantrell, Bitcoin and Lightning Network project developer, recently revealed he had successfully hacked a Bitcoin address. His article, however, received a number of responses with many concluding Bitcoin isn’t secure. Cantrell felt people missed the point of the exercise so, in a tweet thread on June 19, explained and ensured people that despite Read more…
He began investing in 2015 and introduced a $500 million cryptofund, which includes $a hundred and fifty million of his own fortune, in 2017. Novogratz has additionally turn into a prominent pundit on Bitcoin’s worth movements, having forecast a (missed) worth goal of $40,000 for the cryptocurrency by the top of 2018. Read more…
According to the Weiss Cryptocurrency rating platform, the price of Bitcoin could trade near $180,000, which is currently 20 times what it is presently worth. The brief further states that this could happen within the next 10 years, meaning that Bitcoin could possibly rise to the aforementioned price between now and 2030. Read more…
A recent Bloomberg report said that Bitcoin failed to take advantage of the “perfect storm” created by the COVID-19 pandemic, falling short of becoming “digital gold.” When the outbreak of pandemic had just begun, many experts like Galaxy Digital CEO Mike Novogratz had predicted that “Bitcoin’s moment” was just around Read more…
Earlier today, Plan B, an investor and prominent cryptocurrency analyst with wide exposure across media channels, expressed his view on the similarity between market behavior of Bitcoin and the S&P 500 index, a benchmark index of 500 strongest players from America’s industry, which could yield positive results for BTC in Read more…
Bitcoin’s daily volatility is reaching monthly lows. Since the onslaught at $10K, traders have been in fear of what’s to come. At current levels, it looks both possible for Bitcoin to break above and reach highs of $10,500 or break below $9K and flatten at $8,500. While most are looking for a push Read more…
A man has taken to Twitter to air his story after he apparently fell victim to a phishing attack. In a video that has since attracted the attention of many crypto enthusiasts, one Eric Savics says he lost 12 Bitcoins in the attack that has now threatened his dream of buying his Read more…
Bitcoin, Ethereum, and Ripple are all in the red on Saturday during the European session. All the major cryptocurrencies have been forced to deal with increased selling pressure following the failure to clear critical resistance levels earlier in the week. Bitcoin stalled short of $10,000, Ethereum lost steam at $250 Read more…