Crypto news

Dan Schulman – the CEO of PayPal – has come a long way over the past few months. Approximately six months ago, his company announced that it would not only allow people to trade and sell digital currencies, but that people would soon be able to pay for goods and services with them. This caused bitcoin to spike to $13,000 after it was trading for just over $10,000, thereby gaining more than $3,000 in price in just a few days. Dan Schulman Thinks BTC Has Become Very...

Tesla and Elon Musk are earning some criticism after it was made clear recently that the South African entrepreneur may have sold some of the bitcoin that the company purchased back in February. Elon Musk Has Raked in Some Serious BTC-Based Dough Two months ago, the electric car firm made history by serving as one of the primary institutions to back bitcoin publicly. The company purchased more than $1.5 billion worth of the world’s number one digital currency by market...

As the bull market rages on, it’s easy to get caught up in success stories. However, it’s paramount to know that it’s not all rainbow and butterflies – losses happen, and they hurt, especially if you’re not prepared or overtrade. An investor tweeted about how he lost his entire $185k portfolio in just 3 weeks. This is verifiable via his Ethereum address. The thread is sobering, and it’s a great read for traders to go through to remember that bull markets don’t last forever,...

Schweizer Blockchain Concordium schließt Fundraising in Höhe von 33 Millionen CHF zwei Monate vor Mainnet ab Das datenschutzorientierte Blockchain-Unternehmen Concordium hat seine 4. Runde in der Privatplatzierung der Kryptowährung GTU abgeschlossen. Die eingenommenen Mittel sollen für die Weiterentwicklung des Projekts verwendet werden. Des Weiteren sollen damit die Dezentralisierung, der Start des Mainnets und die Notierung an...

Legendary stock market investors Warren Buffet and Charlie Munger spoke at Berkshire Hathaway’s annual meeting, talking briefly about cryptocurrencies and the effects of the new trading era on the global psyche. Buffett’s Thoughts and Munger’s Rant Warren Buffett expressed his displeasure at people who treated markets like a casino, claiming that it encouraged a gambling impulse. Buffett insisted that sound long-term investing is not as easy as it sounds, and he spoke out...

Choosing stock of gold mining companies instead of shares of firms investing in bitcoin has caused an underperformance for BNY Mellon’s tech-focused funds. The giant US bank outlined MicroStrategy – the company owning over 90,000 bitcoins – as the biggest missed opportunity. BNY Mellon’s Funds Performance In recent filings with the US Securities and Exchange Commission, America’s oldest bank conceded that preferring to go with stocks of gold mining organizations instead of...

Following a trial against the recently arrested suspects connected to the infamous Thodex crypto exchange, a Turkish court has sent six people to jail. The brother and the sister of the company’s CEO, who reportedly escaped with $2 billion of users’ funds, were among them. Actual Jail for Six Suspects The $2 billion crypto scandal in Turkey has become one of the hottest topics in the country recently. According to authorities, the CEO of the local crypto exchange Thodex has...

While many are just trying to wrap their head around what NFTs are, crypto art sales have boomed in the last couple of weeks. NFTs, or non-fungible tokens, have created a vast new market of blockchain-based digital assets to buy and sell. However, most buyers and sellers are probably not aware of what that might mean in regards to NFTs taxation. This topic is especially important in the light of the tax proposal made by US President Joe Biden. How are NFTs taxed in the United...

XRP/USD – Buyers Encountered Resistance Around $1.74 (bearish 0.786 Fib) Key Support Levels: $1.40, $1.25, $1.10. Key Resistance Levels: $1.74, $1.98, $2.10. XRP performed well this week after being able to surge by 48% according to CoinGecko. The coin bounced from support at $1.00 to reach as high as $1.74 on Friday. There, it found resistance at a bearish .786 Fib Retracement and a massive correction started towards $1.5. This aligns with the crypto market correction which...

Darum ist die Türkische Lira immer weniger wert. Was sind die Auslöser für den aktuell drastischen Wertverlust? Die türkische Währung kennt momentan nur eine Richtung: abwärts. Experten prognostizieren, dass sich diese Talfahrt fortsetzen wird. Was sind die Auslöser für den aktuell drastischen Wertverlust? Turkish Lira to US Dollar 10 Years Chart (2010-2020) Paradoxically the code name for the Turkish Lira is „TRY“.#USD #UnitedStates...