Rich Dad, Poor Dad Author, Robert Kiyosaki, has advised investing in precious metals like gold and digital assets like Bitcoin as crisis looms in the banking sector.Earlier this week, headlines on mainstream media revealed that American billionaire investor Warren Buffett dumped US bank stocks to purchase gold mining stocks.Buffett Dumps Bank To Invest In GoldPer the reports, the business tycoon slashed a bulk of Berkshire Hathaway’s holdings in some major Wall Street banks, including JP...
Read More »Bitcoin Could Surge Past $300K If It Mimics Its Past Behavior
Could bitcoin potentially reach a price of $340,000?The Power and Strength of the Bitcoin PriceThis appears to be the sentiment amongst certain analysts and charting platforms granted bitcoin decides to play all its cards right. Should the currency imitate its 2016 halving behavior, there is a slim chance that it could spike to this range and beyond.As we all remember, bitcoin’s second official halving occurred during the summer of 2016. While not much happened at first, bitcoin’s price...
Read More »Report: $107 Billion Worth of Crypto Focused in East Asia
A new report indicated that East Asia remains the most active cryptocurrency market with the most significant number of daily transactions. At the same time, professional traders still account for most of the trading volume, while stablecoins, and especially Tether (USDT), have gained a massive market share.East Asia Dominates Crypto Trading MarketAccording to the recent report compiled by Chainalysis, “East Asia is the world’s largest cryptocurrency market, accounting for 31% of all...
Read More »Bitcoin.com Wallet Users to Get Enhanced App Features via Partnership with Cred
With its new partnership, Bitcoin.com will look to revamp its lending offering using the Cred’s powered 1-touch Earn button.Major cryptocurrency wallet service provider Bitcoin.com is set to bring more value to its 11million customers through a unique technical integration from Cred (a financial services firm supporting over a dozen partners with its industry-leading crypto-backed lending and borrowing platform).The Bitcoin.com wallet is a non-custodial crypto wallet featuring a variety of...
Read More »Looks Like Everyone Has Been Selling Their Bitcoin
Recently, bitcoin – the world’s number one cryptocurrency – rose beyond the $12,000 mark all the way to $12,400. This was huge news for every trader, big and small, though at the time of writing, things have shrunk back a little bit for everybody’s favorite digital currency.Bitcoin Has Taken a FallAs it stands, bitcoin is now trading for just over $11,800. While this isn’t as bad as where it stood yesterday ($11,600), things still aren’t quite where they were, and many analysts and industry...
Read More »Bitcoin Fails To Break $12,000: The Weekly Market Report
This week has been quite the ride on the cryptocurrency markets, and, of course, Bitcoin was in the spotlight, at least for a while.The price started at around $11,700 and stayed there for a few days until Monday when we saw a significant move forward as BTC reached about $12,500. The cryptocurrency community was ecstatic that the coveted $12,000 mark was broken, but unfortunately, the euphoria was shortlived.Just a day later, Bitcoin started dropping and come Wednesday, the price was already...
Read More »Crypto Price Analysis & Overview August 21st: Bitcoin, Ethereum, Ripple, Chainlink, and OMG
BitcoinBitcoin continued its sideways movement this week as it remained around the $11,600 level. However, during the week, the cryptocurrency did push higher as it penetrated above the $12,000 resistance to reach the $12,400 level.Unfortunately, it was unable to sustain these highs as it rolled over to fall beneath $12,000 at the start of the week. Bitcoin has since dropped further as it reached the support at $11,650 (.236 Fib Retracement). A rising trend line also bolsters this support.The...
Read More »CFTC After $572M In Penalty From The Owner Of А Fraudulent Bitcoin Scheme
The U.S. Commodity Futures Trading Commission is reportedly after the owner of a crypto scheme, which misled over a thousand of its investors and clients. It seeks $572 million in financial penalties and restitution.$270M Worth Of BTC Stolen From More Than A Thousand CustomersАs per a recent report, the alleged Bitcoin trading pyramid Control-Finance has reportedly defrauded more than a thousand clients of the firm “since at least May 1, 2017”. Its owner Benjamin Reynolds is included in the...
Read More »12,400% Growth in 1 Month: Yearn Finance Hits $1 Billion in Total Value Locked
Yearn Finance continues to make headlines and to exceed expectations within the field of decentralized finance (DeFi).After becoming the first altcoin after ZEC’s early days of trading to flip Bitcoin’s price convincingly, the protocol achieved yet another milestone today – it has over $1 billion in total value locked within its ecosystem.Yearn Finance Hits $1 Billion TVLIn a Twitter announcement shared about an hour ago, yEarn.Finance officially disclosed that the protocol has received more...
Read More »La Blockchain pour ne pas parler d’une révolution monétaire
Les banques centrales chinoise, américaine et européenne annoncent vouloir de la Blockchain [1], « technologie sous-jacente » à Bitcoin. Mais le terme « Blockchain » est souvent utilisé comme écran de fumée par les banques pour ne pas parler du mécanisme de création monétaire. Celui-ci est un élément essentiel de la stratégie anti-fragile du protocole Bitcoin. Aussi, le terme « Blockchain » est souvent repris par les entreprises, frileuses...
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