Bitcoin (BTC)

Tom Lee – a Wall Street analyst of Fundstrat fame – has announced that bitcoin could potentially reach a price of approximately $100,000 by the end of the year. Tom Lee Predicts $100,000 for BTC By End of 2021 Lee has consistently been there to push bitcoin. He has been one of the world’s biggest bulls since day one, and he has always suggested largescale prices for bitcoin in the long run, but as usual, his discussions should always be taken with a grain of salt –...

Not long ago, it was reported that Elon Musk was starting to ask bitcoin miners where they got their energy from as a means of better understanding who was using clean energy to extract coins and who was not. Elon Musk Isn’t Putting His Mining Fears to Rest Now, it appears Musk has initiated the first collection of conversations with these miners, and he is happy about the information he has received. This has ultimately sent bullish waves through the crypto space and...

Billionaire Ray Dalio has admitted that he owns bitcoin, though how much he can presently say is in his private stash remains undisclosed. Nevertheless, it is always positive to see that the big money hounds of the world are beginning to take bitcoin and cryptocurrency seriously, and thus we can likely expect to see the asset reach mainstream status in the coming months. Ray Dalio Warns Crypto Lovers of Government Regulation As a founder of one of the largest hedge funds...

Poloniex – a multinational crypto exchange – caught the eye of Canadian securities regulators. The watchdog launched actions against it under the accusations of not complying with Ontario rules. Against The Law In a recent statement, the Ontario Securities Commission (OSC) accused the cryptocurrency exchange platform Polo Digital Assets – better known as Poloniex – of not adhering to Canadian laws. According to the document, the trading venue failed to sign up with the agency...

Kevin O’Leary is currently very amused with the DeFi ecosystem, seeing the high yield the new investment options provide in contrast to what is on offer by traditional institutions.Shark Tank Co-Host, Kevin O’Leary is up on the headlines again when he unveiled that he is the major shareholder of a decentralized finance investment startup dubbed DeFi Ventures. Famous for the iconic Shark Tank show, Kevin unveiled his undying interest in the cryptocurrency ecosystem when he featured on the...

ABEYCHAIN integrates the Delegated Proof-of-Stake (DPoS) and Proof-of-Work (PoW) consensus within its blockchain, providing a Hybrid Consensus blockchain network. Blockchain technology has transformed the financial space leading to the creation of novel solutions built on distributed ledger technology. There has been a gradual improvement from the creation of the first cryptocurrency, bitcoin, to Ethereum, the leading smart contract network.In recent years many chains have emerged with the...

The amount of stablecoins on exchanges has surpassed the number of bitcoins. Combined with the entire crypto sentiment and the enhanced BTC withdrawals from trading platforms, the price of the underlying asset could be primed for a boost. Stablecoins Ratio MACD Suggests a Leg Up for BTC According to data from the crypto analytics resource CryptoQuant, the Stalebcoins Ratio MACD indicator has gone into a more bullish state for bitcoin. The metric follows the amount of BTC...

Bitcoin may be one of the most volatile assets. Last week, Bitcoin fell to $29,000. Just less than two months ago, Bitcoin reached the all-time high of $64,895. The crypto market has rebounded after Elon Musk changed his tune on Bitcoin mining. In his tweets, the Tesla and SpaceX CEO said that he spoke with Bitcoin miners in North America who would commit to promote energy usage transparency and accelerate sustainability initiatives worldwide. The massive rally of...

XinFin is a hybrid blockchain platform and interoperable smart chain contract with minimal fees and less than 2-seconds transaction confirmation.Ethereum being the first and original smart contract blockchain, as well as the leading altcoin following Bitcoin among crypto space, developers are frustrated with the transaction speed. Though Ethereum is one of the leading altcoins, the additional flood in gas fees and slower transactions make users jump for alternate solutions.Additionally, the...

After the recent crash of the crypto market, Ethereum price has recovered and ETH is now trading above $2800 for the first time in recent weeks.In the past few weeks, ETH, the second-largest crypto asset by market cap, has been trading below its all-time high. During this period, the value of the asset went as low as $1,755 after its ATH of over $4,400. This ETH price correction followed that of Bitcoin which also saw its price drop to a 3-months low.However, as of this morning, Ethereum that...