Facebook has launched a prediction market called Forecast. The sector is currently dominated by crypto platforms such as Augur. Forecast will initially focus on predictions about Covid-19. The social media giant has announced the release of its own prediction platform, Facebook Forecast. Launched in Beta this week, Facebook Forecast allows community members to make predictions Read more…
The co-founder of cryptocurrency analysis company Blockfyre believes that a bull run will return, propelling Bitcoin (BTC) to a price of $150,000. In a tweet on June 4, Simon Dedic suggested that these gains will not be reflected across the entire cryptocurrency market, although the more solid altcoins should also see impressive Read more…
While April has historically been the second-best performing month for bitcoin (BTC), investors should watch for the possible miner and/or holdler capitulation and how the world is dealing with the COVID-19 pandemic-triggered economic crisis, according to analysts at major crypto exchange Kraken. On average, in April, BTC posts a +53% return and has the Read more…
The current global crisis is good for crypto as it shows the dysfunctionality of the existing system, according to Marcus Swanepoel, co-founder and CEO of crypto exchange Luno. However, in case of a global recession, this nascent industry might be hit hard too, he warned. Crypto was born out of a Read more…