Vocal Bitcoin bull Meltem Demirors believes that the ongoing crypto decline is just an ordinary correction, which would wipe out investors with ”paper hands.” She reminded that the primary digital asset has always been volatile and assured that it is ”here to stay.” ‘You Can’t Have a Number Go Up Forever.’ The current situation in the cryptocurrency space doesn’t look bright, from a short-term perspective. The dollar value of the largest digital asset by market capitalization...
Read More »JPM Survey: 30% Agree With Warren Buffett on Bitcoin Being ‘Rat Poison’
A survey conducted by the American multinational investment bank JPMorgan Chase & Co. revealed that most big investors do not find the crypto market appealing as only 10% of the participants asserted they trade digital assets. Moreover, 30% of the people agreed with Warren Buffett’s opinion that BTC is a ”rat poison.” The American Institutional Investors Stay Away from Crypto JPMorgan Chase & Co. surveyed around 3,000 US investors from more than 1,500 institutions....
Read More »Twitters CEO promoted Bitcoin-Projekt The B Word
Twitter CEO Jack Dorsey nutzte seine Reichweite auf der Social Media Plattform, um ein neues Bitcoin-Projekt zu bewerben. Unter dem Namen „The B Word“ will das Projekt vor allem Institutionen über Bitcoin aufklären, um die Mass Adoption voranzutreiben. Bitcoin News: Twitters CEO promoted Bitcoin-Projekt The B WordDas Projekt wird offiziell am 21. Juli in diesem Jahr gelaunched – Live-Events, Diskussionen und eine Datenbank an Resourcen und Infomaterial wurden angekündigt. Jack Dorsey selbst...
Read More »Bitcoin Price Back to Monthly Lows as Crypto Market Cap Evaporates $160B
Another weekend starts with another adverse price movement for bitcoin as the asset dropped by several thousand dollars to below $31,000. The alternative coins are also deep in red, with ETH dumping below $1,800, and the total market cap has seen $160 billion gone in a day. Bitcoin Plummets Below $31,000 It’s almost becoming a tradition for BTC to head south when the weekend starts. The cryptocurrency was actually looking healthy yesterday after it had recovered from the...
Read More »China Made a Trillion-Dollar Mistake by Ousting Bitcoin Miners, Says Michael Saylor
During a recent interview with Bloomberg, the prominent BTC bull spoke about the adverse short-term effects of China’s recent crackdown on Bitcoin mining. While he acknowledged the hash rate and price declines, Saylor believes this ‘mistake’ from the Asian country will provide an excellent opportunity for others. As CryptoPotato reported previously, the world’s most populated nation intensified its crackdown on the cryptocurrency space this year. More specifically, the Asian...
Read More »Crypto Finance Forum
Organisé par l’Adan, le Crypto Finance Forum se tiendra le 19 juillet 2021 à la Maison de la Mutualité à Paris à la veille de la 4e édition d’EthCC Week. « Crypto Finance Forum est un lieu d’échange entre les acteurs du secteur crypto, les entreprises et startups, les décideurs et les autorités. Organisée par l’Adan, cette conférence souligne l’innovation et le potentiel de croissance portés par...
Read More »Opinion: What Was Elon Musk Thinking When He Got Involved in Crypto?
Bitcoin has been crashing as of late, and for many people, the main reason has to do with Elon Musk. Last month, the South African entrepreneur announced that he was rescinding a decision that his electric car company Tesla was going to accept bitcoin-based payments for goods and services. It’s Hard to Know What Elon Musk Was Thinking This was a hard blow for many traders given that this would have sent bitcoin spinning into a wild price frenzy. In addition, it would...
Read More »Sotheby’s to Host Diamond Auction; Crypto Bidders Welcome
As one of the world’s largest brokers of jewelry and fine art, Sotheby’s is preparing to auction off a massive 100 carat diamond. What is the big clincher? Bidders can potentially purchase the item with cryptocurrency. Sotheby’s Will Sell You a Diamond for BTC Known as Key 10138, the diamond in question is pear shaped and nearly flawless in its crystal-like design. It is extremely rare to come across a diamond with so many carats, though it seems like Sotheby’s has done...
Read More »Bitcoin Has Fallen… And So Have Many of the World’s Altcoins
As bitcoin is the number one digital currency in the world, it is easy to simply direct all of one’s attention to the asset as it continues to slump like it never has before. After reaching an all-time high of more than $64,000 per unit in April of this year, the currency has since lost more than half its value and is now trading for about $29,500 at the time of writing. It’s Not Just Bitcoin That Has Taken a Dive However, bitcoin is not the only cryptocurrency that is...
Read More »Can Promising CRP Mining Change Approach to Crypto Mining due to Negative Environmental Impact?
With the development and popularization of the anonymous Utopia P2P ecosystem, the Crypton can become one of the main cryptocurrencies, displacing Bitcoin and even the eco-friendly Chia coin.It’s not so easy to start mining cryptocurrency – you need to have the equipment (computer or ASIC) and reasonably fast internet, register an e-wallet, join the pool of miners (without this, the chances of earning tend to be zero), and register on an online crypto exchange.But do not forget that mining...
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