Tag: Bitcoin
-
Bitcoin Will Never Prevail As A Payment Network In The Future, Says FTX CEO Sam Bankman-Fried
Lol! NYTimes calls him a studiously dishevelled billionaire! World’s 2nd richest crypto billionaire sure seems dishevelled, and I’d argue he’s more whimsical (think of an ambitionless altruistic Musk). Worth about $24 billion Sam Bankman-Fried is an outlier even in the crypto community. And when he simply shrugs off the most dominant and prominent crypto Bitcoin as…
-
Bitcoins And Nfts Are The New Gold For Young India And Youngistan
The fastest crypto adoption rate is in India In a popular marketplace, more than 60% of traders are between the ages of 18 and 34 There are more than 20 million crypto investors in the country, according to experts Cryptocurrencies have gained tremendous popularity in India since they were discovered on the web. Both geeks…
-
Europe’s Cheapest Bitcoin launched by Fidelity International
Fidelity International has launched ETP, the world’s most affordable Bitcoin on the European market. Europeans can invest directly in Bitcoin using this product. Deutsche Borse Xetra and Frankfurt Stock Exchange list the product as of this writing. Six Swiss Exchange will add the product in a few weeks. Physical Bitcoin ETP tracks the price of…
-
Shiba Inu Conquers Ether And Bitcoin To Evolve The Most Popular Cryptocurrency Of 2021
SHIBA, or Shiba Inu, is a decentralised cryptocurrency developed by an unidentified organisation or individual known only as ‘Ryoshi’ in August 2020. It was intended to mock Dogecoin, which went on to become quite successful. Shiba Inu, a meme-based canine coin, has been declared the most popular cryptocurrency on global market tracker CoinMarketCap, overtaking Bitcoin,…
-
Bitcoin Tumbles Beneath $47k Wiping Out October Gains — Bear Market Begins?
Bitcoin (BTC) has suddenly fallen below $47,000 on Dec. 4, losing nearly 20% in the past 24 hours. Bitcoin price dropped to nearly $33,000 on May 15, the biggest one-day drop since then. The market price of BTC fell down 26.4% from week-long support of $57,206 to go down to $42,268 before recovering back to…
-
Crypto Loyalty Scheme Offers Bitcoin Cashback to Millions in U.K.
The U.K.’s leading retailers reportedly plan to offer customers bitcoin cashback through a new loyalty program next year. According to City AM, the bitcoin cashback service will be provided by fintech firm Mode, and customers can earn crypto rewards of up to 10% when they shop online at participating stores. “I am delighted to declare…
-
Altcoins: Everything You Need to Know
Altcoins are cryptocurrencies, or virtual currencies, that are not Bitcoin. Each altcoin has its own set of rules. Learn more so you can decide whether to invest in altcoins. What Are Altcoins? Altcoins are alternatives to Bitcoin, hence their name, a blend of “alternative” and “Bitcoin.” Alternate coins are cryptocurrencies that use a technology called…
-
In October, institutional managers purchased $2B worth of Bitcoin.
In October, institutional interest in Bitcoin (BTC) products rose sharply, underscoring the flagship crypto’s renewed bullish sentiment. Inflows into cryptocurrency products totaled $288 million for the week ending Oct. 31, with Bitcoin accounting for $269 million, according to CoinShares’ weekly flows report. BTC institutional demand has been steadily increasing over the past few months amid…
-
Dogecoin To Become A Viable Payment Option: Elon Musk Shares ‘Super Important’ Proposal
Tesla and SpaceX founder Elon Musk, who is also well known for his deep interest in Dogecoin, has captured attention again with a tweet praising the meme-based cryptocurrency. Musk offered a proposal for the cryptocurrency to become a payment option for all in response to a tweet by Dogecoin creator Billy Markus aka Shibetoshi Nakamoto.…
-
Analyst: Bitcoin is likely to crash below $15,000
As per Guggenheim’s chief investment officer (CIO) and noted Bitcoin bear Scott Minerd, Bitcoin is in for another rude awakening after losing more than half its value since hitting record highs this spring. ‘Minerd told CNBC this morning that bitcoin could sink as low as $15,000, less than half of its current value, but continuing…