Cryptocurrency Analysis and News Portal
A crackdown on bitcoin mining by China has led to an increase in the number of Thai investors that have acquired and are operating mining rigs, a report has said. The report adds that many of these investors are currently earning between $30 and $40 per day from each mining
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Ethereum declined heavily below the $3,680 support against the US Dollar. ETH price is sliding and there is a risk of a move towards the $3,200 level. Ethereum started another decline from the $3,750 resistance zone. The price is trading below $3,550 and the 100 hourly simple moving average. There was a break
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Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared his cryptocurrency investment strategy and which coins he owns. He also discussed crypto market bubbles, diversification, regulation, and why he thinks non-fungible tokens (NFTs) will be bigger than bitcoin. Kevin O’Leary Discusses His Crypto Investments, Market Bubbles, and NFTs Shark Tank star
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The CEO of Commonwealth Bank of Australia (CBA), the country’s largest bank, sees big risks in not participating in cryptocurrency. “We see risks in participating, but we see bigger risks in not participating,” he explained. Crypto FOMO, Banks Need to Get Involved, Says CEO of Commonwealth Bank Commonwealth Bank of Australia CEO
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As Coinbase cryptocurrency exchange is preparing to roll out its own nonfungible token (NFT) platform soon, CEO Brian Armstrong has assessed the importance of the company’s upcoming NFT offering.On Tuesday, Coinbase released its Q3 financial results, reporting $1.2 billion in revenues, which mostly comes from the platform’s transaction fees on
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While change is guaranteed, the scale and scope of that change are not. For the financial industry, blockchain — the technology that undergirds Bitcoin (BTC), Ether (ETH), nonfungible tokens (NFTs) and other digital assets — has brought us to the crossroads. What will the future of money look like? We have
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Fidelity’s plan to corner the cryptocurrency market appears to be more ambitious than previously imagined, as the asset manager looks to provide more institutional pathways to digital assets. In a recent interview with the Boston Globe, Chrstine Sandler, the head of sales and marketing for Fidelity Digital Assets, said institutional interest
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In brief:Bitcoin is getting harder to ignore as an investment optionBitcoin’s market cap is now greater than JPMorgan, Facebook, VISA and Tesla individuallyRich Dad, Poor Dad author continues to recommend Bitcoin as a hedge against possible global financial turmoilTyler Winklevoss has also reiterated that Bitcoin is the best hedge against
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MicroStrategy CEO Michael Saylor says institutional interest in Bitcoin is snowballing. He predicts the coming year will see a flood of companies follow MicroStrategy’s lead to acquiring Bitcoin as a treasury strategy. More interestingly, Saylor claims contact with at least a hundred private companies that have already implemented this strategy. However,
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The prominent gold and bitcoin macro commenter discusses a new generation of institutional investors.This episode is sponsored by Nexo.io.Dan Tapiero is an investor and entrepreneur with deep experience in gold and bitcoin. In this conversation with NLW he discusses the new group of institutional investors coming into the space and why,
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