Marc Andreessen – founding partner of the tech-focused VC giant Andreessen Horowitz (a16z) – is now more bullish on Ethereum and Web 3 than he is on Bitcoin, contrary to his outlook in 2014. During an interview with ReasonTV published on Wednesday, the venture capitalist discussed the future of crypto adoption and regulation, alongside the role of Bitcoin as money. Crypto, Not Bitcoin According to Andreessen, crypto and Web3 represent “the other half of the internet,”...
Read More »Crypto Held a Limited WEF Presence in Davos This Year
The World Economic Forum (WEF) takes place every year in Davos, Switzerland. This time around, things were no different except for one little change… Davos Didn’t See Many Crypto Participants During the event, the streets of Davos are usually swarming with crypto companies. Some of the biggest names in the industry rush to Switzerland to see what they can do about the ongoing energy crisis that is allegedly putting the planet in danger and causing all kinds of problems...
Read More »Bitcoin Loses $23K, but is Another Surge Coming? (BTC Price Analysis)
The market has struggled to push above the significant resistance level of $25K, and now the price is slowly declining. Therefore, the possibility of a correction before the next rally has increased. Technical Analysis By Shayan The Daily Chart The $24K-$25K region is currently providing the most significant resistance for Bitcoin on the daily timeframe. It’s also a vital psychological level, as it has been the main barrier during the last eight months. However, due to the...
Read More »Tether Generated Over $700 Million in Profits in Q4, 2022
Tether Holdings Limited – the company behind the largest stablecoin USDT – revealed a net profit of around $700 million in the fourth quarter of 2022. It ended last year with excess reserves of $960 million and at least $67 million billion in consolidated total assets. Tether Remained Unfazed by the Bear Market Even though 2022 devastated the entire cryptocurrency sector, Tether’s net profits increased by over $700 million in Q4. It reduced its secured loans by $300 million...
Read More »Crypto Donate! MEXC Support Turkey Earthquake With 1 Million Worth Lira
[PRESS RELEASE – Please Read Disclaimer] The 7.8 magnitude quake in Turkey on February 6th caused devastating damage. MEXC responded quickly to support turkey’s disaster relief efforts. MEXC, the fastest-growing crypto exchange in Turkey, has teamed up with its local staff to support the people who have been injured, providing temporary meals for first responders and affected families, and distributing clean-up supplies with other assistance. The strong earthquake in...
Read More »Janet Yellen Warns of “Extraordinary Measures” to Save Economy. What Does This Mean for BTC?
Bitcoin, Ethereum, and several other forms of crypto have been enjoying something of a rally over the past few weeks. These assets, along with many others, have enjoyed easing market conditions that have allowed them to jump to four-month highs and allegedly begin to put 2022 – arguably the worst year for crypto on record – behind them, but with news of “extraordinary measures” being taken by Janet Yellen and others in the U.S. financial district to prevent chaos from...
Read More »Zebedee Gaming Platform Unveils “Bitcoin Chess”
Do you like bitcoin? You probably do. Otherwise, you wouldn’t be reading this article or visiting this site. What about chess and card games? Well, if you’re a fan of all three, then gaming payment processor Zebedee is likely to make your day. The company has joined hands with mobile game studio Viker to bring you two new reward games: Bitcoin Chess and Bitcoin Scratch. Zebedee to Establish Bitcoin Chess and Bitcoin Scratch Available for both Android and iOS phones,...
Read More »Schweizer Bargeld-Initiative II: 111‘197 beglaubigte Unterschriften
Die Freiheitliche Bewegung Schweiz fordert: Bargeld soll nie verschwinden! Die Freiheitliche Bewegung Schweiz (FBS) hat laut eigenen Angaben genügend Unterschriften für das Volksbegehren gesammelt. Die Initiative kommt also zustand und nicht nur das, die Initianten kündigten bereits eine weitere Initiative zum Thema an. Worum geht es in Schweizer Bargeld-Initiative II genau? Der Verein FBS schreibt dazu: Zu einer Welt nur mit digitalen...
Read More »EOS Price Analysis: Risk of Downside Break Emerges
EOS price started a downside correction from the $1.135 resistance against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $1.062 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $1.02 support zone. EOS price is declining from $1.135 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Bulls In Control Above $92
Litecoin started a steady increase above $92 against the US Dollar. LTC price is now trading below $100 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $95 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains above the $100 and $105 resistance levels. Litecoin price is correcting gains from $102 against the US Dollar, similar to bitcoin. LTC price could start...
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