Just a few days ago, JPMorgan announced that it felt bitcoin was in line to reach a whopping price of roughly $146,000 per unit. Despite this big news, the financial giant is now claiming that its primary competitor Ethereum is still the better bet for crypto fans. JPMorgan Report Says Ethereum May Be Stronger Than BTC This statement came out in a recent report published by JPMorgan, in which analysts talk about rising interest rates and ongoing inflation. The company...
Read More »Sorry, Kids… Kroger Hasn’t Said “Yes” to Bitcoin Cash
Fans of both Kroger and bitcoin cash got a real jolt of excitement early last week when it was announced that Kroger would be accepting the cryptocurrency as a form of payment for goods and services. Everybody began breaking out the champagne, believing that cryptocurrency was going to be pushed even further into mainstream territory. There was just one problem… The news turned out to be fake. Kroger and Bitcoin Cash… It Ain’t Happening! The relationship between both...
Read More »Reddit Co-Founder and Solana Ventures to Invest $100M in a Decentralized Social Media
During the ongoing Solana Breakpoint conference in Lisboa, Ohanian said he wants to participate in the development of a decentralized social media based on the Solana blockchain, which is the reason behind the multi-million dollar investment. The American Internet entrepreneur, arguably best known for his role of co-founding Reddit, outlined his plans at the Breakpoint conference earlier on November 9th. While speaking to Solana’s co-founder – Raj Gokal – Ohanian firstly said...
Read More »BitMEX Launches Tether (USDT) Margined Contracts
According to an exclusive press release shared by BitMEX, Tether (USDT) is slated to go live on the crypto exchange on 10th November at 04:00 UTC. With this, the traders can now formally begin margin trading and settle with Tether issued on the Ethereum network, i.e., ERC20-USDT on BitMEX. Diversification in BitMEX’s offerings Extreme price volatility during market downturns and sporadic rallies are a continuously growing part of the crypto landscape. Hence, market players...
Read More »Apple CEO Tim Cook Confirms Owning Bitcoin or Ethereum
The CEO of the tech mogul Apple, Tim Cook, revealed that he is personally invested in Bitcoin or Ethereum. With a current market cap of around $2.476 trillion, Apple is ranked the second-largest company in the world. Its CEO, Tim Cook, speaking at the DealBook conference Tuesday, revealed that he is personally invested in Bitcoin or Ethereum. When asked if he owns one of both, he reportedly said: I do. I think it’s reasonable to own it as part of a diversified portfolio. […]...
Read More »SolFlare Launches Mobile App Wallet for the Solana Community
SolFlare, the popular wallet built for the Solana blockchain, has launched Android and iOS mobile versions. Aside from buying, selling, and storing SOL and Solana-based tokens, users will also be able to stake them through the app version. SolFlare’s Mobile SOL Wallet Arrives The press release shared with CryptoPotato explained that the newly-launched mobile version of the SolFlare wallet is the first Solana mobile wallet supporting such features as the aforementioned ones....
Read More »Cudos Is Launching Phase Two, Buzz, of Their Incentivised Testnet – Project Artemis
[PRESS RELEASE – London, England, 8th November 2021] We are launching phase two of our incentivized testnet, Project Artemis, today, Monday, the 8th of November. This follows the successful completion of phase one, which saw thousands of developers and validators helping improve our decentralized cloud computing network. Background At the end of September, we launched the first phase of our incentivized testnet, Project Artemis. This first Apollo phase focused on a variety of...
Read More »Robinhood Hacked with Over Seven Million Users Affected
The popular investment app Robinhood announced recently that it experienced a data security breach on November 3, 2021. The incident gave the attackers access to personal information belonging to millions of users on the platform. The “unauthorized party” gained access to the customer support system via a social engineering technique, Robinhood stated in a blog post. Although the security threat has been contained according to the investment platform, the attackers had...
Read More »Litecoin Price Analysis: LTC Surges 20% Daily, Reaches Highest Price Since May
Key Support level: $236 Key Resistance level: $370 Litecoin has been consolidating since May, and the price started to increase slowly from July. However, in the past two days, LTC had a major breakthrough and started to increase. It surged by around 20% in 24 hours. It also set a 6-month high. Litecoin also broke above the $236 resistance and turned it into support. Because of LTC’s lacking performance, the next major resistance can be measured at around $370, which is a...
Read More »Bitcoin übertrifft Allzeithoch
Es geht weiter aufwärts. Der BTC hat sein Allzeithoch zum Wochenbeginn überschritten und steuert auf die psychologisch wichtige Marke von 70.000 US-Dollar zu. Der Markt nahm dadurch insgesamt weiter an Fahrt auf und schickte auch zahlreiche Altcoins zum Mond. Bitcoin News: Bitcoin übertrifft AllzeithochMit fast 67.000 US-Dollar hatte der BTC erst im vergangenen Monat ein neues Allzeithoch erreicht. Doch gestern Abend kam es zu einer Rallye, die den Kurs sogar über 68.000 US-Dollar...
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