Bitcoin just keeps surging higher and higher, and men like Elon Musk are quick to do their parts in helping the world’s number one digital currency by market cap reach its potential peak. Elon Musk: Bitcoin Is Going “To the Moon” The South African entrepreneur behind such billion-dollar companies as Tesla and SpaceX seems to jump back and forth between his love for Dogecoin and bitcoin. While BTC is considerably larger, there is a special aspect of Doge that seems to...
Read More »Ethereum Is Undervalued and Can Go Another 500% From Here: Analysis
Ether could double-down on its recent bull run by surging 500% more which will take it well within a five-digit price territory, suggested a former hedge fund manager and popular crypto analyst, Teeka Tiwari. He further claimed that Ethereum could surpass bitcoin as the most valuable crypto due to the high levels of utilization. ETH to $13,000? The Ethereum blockchain is arguably the most used network in the cryptocurrency space. From several stablecoins running on top of it...
Read More »JPMorgan Thinks BTC Could Surpass $100K By the End of the Year
Financial giant JPMorgan recently stated in a new report that the world’s number one digital currency by market cap – bitcoin – could potentially reach a price of around $130,000 by the time the year is out. JPMorgan Is Predicting Big Things for BTC In the document, JPMorgan writes the following: Considering how big the financial investment into gold is, any such crowding out of gold as an alternative currency implies big upside for bitcoin over the long term. A...
Read More »Cryptocurrency Market Cap Surpassed That of Apple
With bitcoin, ether, and more alternative coins reaching for the stars with new records in the past 24 hours, the cumulative market capitalization of all crypto assets surged to new record levels above $2.2 trillion. Interestingly, this means that the total crypto market cap exceeded that of the world’s most valuable company – Apple. Crypto Market Cap Surpasses Apple’s After weeks of suffering beneath the $60,000 price line, bitcoin finally emerged victorious today. In a...
Read More »Akon Wishes He Kept Bitcoins Gifted in 2014 and Reveals Akon City’s Progress (Exclusive Interview)
The popular Senegalese-American singer, rapper, songwriter, and record producer, Akon, shocked the world a few years back by announcing revolutionary plans to build a real-life Wakanda city in Senegal. The idea was to run entirely on renewable energy and be powered by Akon’s own cryptocurrency – Akoin. The ambitious endeavor garnered the world’s attention, and despite some challenges, recent reports indicated that the entire project should be completed within the next several...
Read More »BNY Mellon Thinks $100K for Bitcoin Isn’t Strange
Bitcoin is doing extremely well as of late. Many analysts are contemplating whether the world’s number one digital currency by market cap could potentially reach a six-figure price of around $100,000 or more by the end of the year, and now it looks like Wall Street is beginning to get interested in this idea. Bitcoin Just Keeps Getting Bigger In the past, Wall Street players and banks have often dismissed bitcoin and its fellow crypto mates given that they were volatile...
Read More »Don-Key To Take eToro’s Approach To Yield Farming After Closing $2.2 Million Round
[Press Release – Tortola, BVI, 13th April, 2021, Chainwire] With the tailwinds of a fresh $2.2 million fundraising at its back, Don-Key aims to become the eToro of DeFi by building a comprehensive social platform for yield farming designed to improve accessibility and magnify yield farmers’ potential. Decentralized finance (DeFi) is finally capitalizing on blockchain’s ability to displace traditional centralized finance (CeFi), but the road to adoption remains long despite...
Read More »Coinbase Nasdaq Listing on April 14th: What You Need to Know
It goes without saying that this week’s highlight is the direct listing of Coinbase shares on Nasdaq. It is scheduled to take place on April 14th. Without any further ado, let’s have a look at the most important things you need to know about it. Will Coinbase do an IPO? This is, without a doubt, the question that most people are interested in. The short answer is – no, Coinbase will not do an initial public offering. However, it will have its direct listing on Nasdaq Global...
Read More »ProHash Adds CryptX Wallet
[PRESS RELEASE – Please Read Disclaimer] CryptX Wallet welcomes its newest partner, ProHash.Based in Romania, ProHash currently operates Crypto ATMs for buying and selling BTC, ETH, and LTC. Yo Shin Kim, Founder & CEO of ProHash, was looking for an easy-to-use operational wallet that supported multiple coins and had features such as automatic swaps to effectively manage their ATM crypto balances. ProHash is working to expand cryptocurrency adoption by providing easy and...
Read More »Kraken’s CEO Warns of Potential Crypto Regulations in the United States
The exponential growth of bitcoin and the entire cryptocurrency sector has caught the attention of global regulators, noted Kraken’s CEO, Jesse Powell. Speaking to CNBC, the executive warned of potential crackdowns, especially after the threats coming from the US government. Regulatory Crackdowns on the Crypto Industry? The cryptocurrency industry has been on a roll since mid-2020. Led by bitcoin’s massive increase, the explosion of NFTs, the growth of DeFi, and many more,...
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