Crypto news

Bill Ackerman is a billionaire investor that knows a thing or two about financial stability and wealth. In a recent interview, he commented that cryptocurrency is a fascinating thing and that it could potentially benefit from some of the poor economic circumstances America is dealing with. Bill Ackerman Likes Bitcoin, Thinks Inflation May Last a While For the past year, inflation has been a serious problem in the United States and abroad. The coronavirus pandemic has...

This comes on the back of a large Bitcoin dip following the most recent news that came from Tesla and its decision to halt bitcoin payments for its products. A Slowdown of Enthusiasm The unbridled electric energy in the air surrounding Bitcoin briefly halted after major cryptocurrencies plunged over 20% shortly following Elon Musk’s announcement that Tesla would no longer accept BTC. Square’s massive Bitcoin position – 8,027 bitcoins – took a temporary dive, especially in...

As of late, bitcoin has been suffering somewhat. The world’s number one digital currency by market cap has fallen into the high $53,000 range, which is about $2,000 less than where it has been all week. While bitcoin falls, other currencies – such as Ethereum – are reaching record highs, yet analyst and big-time investor Stanley Druckenmiller is confident that no permanent harm will come to the currency, and that it will remain at the top of the crypto ladder at least...

[PR – Utrecht, The Netherlands, May 14, 2021] AllianceBlock has announced it will launch a decentralized capital market on the Edgeware smart contract platform. The protocol brings unprecedented tooling to the Substrate-based Wasm contract palette, including NFT contract standards, Defi and DAO primitives to their peer-to-peer market, further empowering collectives and individuals to lend and fund across the network. In the longer term, AllianceBlock is positioned to bridge...

To say that last week was eventful would be an understatement. The entire market went through extreme volatility. Many altcoins charted new all-time highs and went through serious declines as well. Let’s start with Bitcoin. The cryptocurrency is currently down about 10% on the weekly – last Friday, it was trading at around $57K. Unfortunately, it was all downhill from there, with the exception of the first few days as on Monday, BTC had an unsuccessful attempt at the coveted...

The government officials of Cuba examine crypto adoption as an instrument to overcome financial turbulence in the country. This comes a few weeks after the Cuban authorities started discussing the implementation of digital assets in the economy. Crypto vs. Monetary Turmoil The economic situation on the island of Cuba suffered heavy setbacks due to the consequences of the COVID-19 pandemic. Moreover, the government implemented crippling sanctions on the residents, which had a...

Despite the recent market-wide crash, Ethereum continues to lead amid the large-cap cryptocurrencies. Today, we take a closer look into the following cryptos: Bitcoin Bitcoin is down by a total of 10% this week as it saw turbulence over the past two days with Telsa removing BTC payments for its vehicles. The cryptocurrency failed to break a falling resistance trend line at around $59,000 at the start of the week and started to head lower from there. On Wednesday, the...

It goes without saying that the entire cryptocurrency community was taken ablaze by what happened with Tesla, Elon Musk, Bitcoin, and, somewhat not surprisingly, Dogecoin. Following the electric vehicle manufacturer’s decision to halt BTC payments for its products due to environmental considerations, Elon Musk, the company’s CEO, said that he’s working with Dogecoin developers to improve transaction efficiency. Working with Doge devs to improve system transaction efficiency....

It’s been a tumultuous couple of days in the cryptocurrency market following the latest declines. According to a reputable analyst, however, the short-term downside might not be over, though other on-chain metrics also suggest that the long-term does look promising. More Short-Term Downside for Bitcoin Price? The past two days were challenging for bitcoin’s price. From a high of around $58,000 on May 12th, it went all the way down to $45,700 (on Bitstamp) yesterday. This...

[PRESS RELEASE – Please Read Disclaimer] May 13th, 2021, Tallinn, Estonia — The new augmented reality matchday programme uses the latest AR technology to let fans bring the players into their living room. The creative concept aims to leverage Sportsbet.io’s matchday rights with the Gunners digitally, recreating the magic of matchday at home. Augmented Reality Matchday Programme The activity brings to life all the components of a traditional matchday programme with an...