As Bitcoin continues to gain attention from various sectors, including qualified investors and institutions like BlackRock and Franklin Templeton, there remains skepticism about its role as a store of value. Renowned figures such as Peter Schiff and Warren Buffet have been outspoken critics, highlighting the cryptocurrency’s volatility in comparison to traditional assets. This skepticism has
Crypto
Bitcoin is currently on a path to recovery from its recent six-month low, with institutional activity on the rise. Analysts like DeFi researcher Michael Nadeau are expressing bullish forecasts for the upcoming months, citing several reasons for optimism. One significant driver of positivity is the fact that Bitcoin is shedding its first major correction in
In a surprising turn of events, a long-dormant Bitcoin wallet has come back to life, causing a stir in the cryptocurrency community. The wallet, which had been inactive for over a decade, suddenly sprang to life, holding 190 BTC valued at approximately $11.49 million. This significant increase in value, amounting to a staggering 94,700%, has
Decentrawood, a prominent player in the metaverse and blockchain sector, has unveiled the listing of DEOD on the globally renowned crypto exchange MEXC. This milestone event is set to occur on August 12th, 2024, at 10 AM UTC. The listing of DEOD on MEXC signifies a significant moment for the Decentrawood ecosystem, paving the way
Bitcoin price surged higher on Friday, in line with broader risk-driven markets following positive U.S. labor market data that helped alleviate concerns about an imminent recession. The cryptocurrency rose by more than 4% to $60,588.0, although it did pull back slightly after reaching $61,712.3. This increase comes after a difficult week that saw Bitcoin tumble
The article discusses the launch of NeurochainAI’s Token Generation Event (TGE) and the availability of its $NCN token for trading on centralized exchanges. The project aims to establish itself as a leader in the decentralized AI-as-a-Service (DeAIAS) space, with a focus on enhancing user experience and accessibility. NeurochainAI claims to be committed to a fair
Recently, Ripple, the fintech giant headquartered in San Francisco, received a final judgment requiring them to pay a civil penalty of $125 million to the SEC. This decision, released on Aug. 7, puts an end to the long-lasting legal dispute between Ripple and the SEC, which began back in December 2020. Ripple CEO Brad Garlinghouse
In a recent post, Nassim Nicholas Taleb, the author of “Black Swan” and a risk analyst, provided his perspective on the Japanese collapse that led to the recent crash of Bitcoin. Taleb attributed the market bloodbath to the measures taken by the Bank of Japan, including near-zero interest rates for 33 years and quantitative easing
Bitcoin, the leading cryptocurrency, has recently encountered a concerning technical indicator known as a “death cross” on its short-term charts. This development follows a significant sell-off in the overall cryptocurrency market, causing Bitcoin to plummet to a low of $49,050 during the previous trading session. The market saw a massive erasure of over $370 billion
In a recent crypto convention in Nashville, Tennessee, Donald Trump made a bold statement urging his audience to never sell their Bitcoin. This declaration was part of his campaign strategy to appeal to crypto-focused voters and gain their support for the upcoming presidential election in November. He proposed the idea of establishing a state Bitcoin