Bitcoin is doing extremely well as of late, but that’s not changing the minds of certain financial firms and individuals. Among today’s bitcoin doubters is Bill Gates, the software mogul known for creating Microsoft programs.Bill Gates Thinks the World Doesn’t Need BTCIn a recent tweet, Gates puts on an attitude of indifference towards bitcoin, the world’s number one cryptocurrency by market cap. The message reads:I don’t own bitcoin. I’m not short bitcoin, so I’ve taken a neutral view. I do...
Read More »JPMorgan Still Has Attitude of Gloom and Doom Towards BTC
Bitcoin has been doing extremely well as of late, but that’s not stopping financial giants from viewing it in a bad light. One of those doubters is JPMorgan, who recently claimed in a new report that bitcoin was never going to hit $40,000 again. The world’s number one digital currency by market cap ultimately proved the company wrong and is trading for more than $52,000 per unit at the time of writing.JPMorgan Thinks Things Will Go Wrong with BTCNow, JPMorgan has issued a statement claiming...
Read More »Top 5 Crypto Picks Besides Bitcoin to Look at in The Last Week of Feb
This week was very interesting in the cryptocurrency market. Many things happened. Bitcoin reached a new all-time high, but so did a lot of other cryptocurrencies.All of the top picks we wrote about last week performed very well amid the booming bull market, and today we take a look at the top 5 altcoins that are worth paying attention to in the next seven days. Let’s have a look.Ethereum (ETH)Ethereum saw a very nice increase in the past seven days. In fact, it managed to break the coveted...
Read More »Japanese Giant SBI Holdings Plans to Form Joint Cryptocurrency Venture
Japanese financial conglomerate SBI Holdings revealed that it was planning to establish a joint cryptocurrency venture that would serve as one of the company’s key earners.SBI Expanding Crypto ServicesAccording to Reuters on Monday (Feb. 15, 2021), SBI’s founder and CEO, Yoshitaka Kitao, the company was discussing with international financial firms to set up the new crypto business. The latest development was part of SBI’s plans to expand its crypto business.The company has been active in the...
Read More »Almost $1.8 Billion Liquidated Following Crypto Market’s 24-Hour Roller Coaster
The cryptocurrency market is well-known for its intense price fluctuations, and the past 24 hours provided more proof. With BTC and most altcoins charting double-digit moves in both directions, this resulted in $1.74 billion liquidated on exchanges.The primary cryptocurrency had just painted a new all-time high (at the time) of about $57,600 before a vigorous correction drove the asset down to a low of $54,000 in a matter of minutes yesterday. BTCUSD. Source: TradingViewAs it typically...
Read More »Uniswap’s 2020 UNI Airdrop Now Worth $12,000
It’s safe to say that the past year has been particularly tumultuous and interesting when it comes to the cryptocurrency markets.The entire market exploded, Bitcoin officially became a trillion-dollar asset, while many altcoins saw massive gains. Uniswap’s UNI token is no different.Uniswap’s UNI JourneyUniswap is the leading decentralized exchange and automated market maker on Ethereum’s network. It provides means for users to create liquidity pools for any token based on the ERC20 protocol...
Read More »Bitcoin Sounds Like a Cult Supported by Magical Thinking, Says Barclays Wealth & Investments CIO
Although Bitcoin is performing remarkably well, it is not all praise in the market world.Take Will Hobbs —chief investment officer at Barclays Wealth & Investments— as an example. He is clearly not convinced that Bitcoin is all that its proponents claim.Speaking to Markets Insider, Hobbs said that his company’s investment strategy doesn’t involve taking any positions in Bitcoin for the time being. He asserts that its extreme volatility and poor fundamentals make it unattractive for his...
Read More »Dezentrale Spenden App PolloPollo erreicht nächsten Meilenstein – 10.000 USD
Die dezentrale Spenden App PolloPollo hat mit ca. 2.000 Spenden und über 10.000 USD einen neuen Meilenstein erreicht. Und das nur knapp 2 Monate nachdem wir das letzte Mal berichtet haben.Diese Spenden haben rund 200 Menschen in Venezuela geholfen, wo sich die letzten Jahre eine humanitäre Katastrophe abspielt. Vielen Menschen dort fehlt es am Nötigsten und die Unterernährung stieg in den letzten Jahren rapide an.In diesem Artikel erfährst du mehr über PolloPollo, die Situation in Venezuela...
Read More »Bitcoin Dipped $3500 Following New ATH At $57,500: ETH Below $2K Again (Market Watch)
After the latest price record above $57,500 and a subsequent sharp drop to $54,000, bitcoin has calmed around the $56K price mark (as of now). Most alternative coins have charted declines over the past 24 hours, except for UNI, which painted a new ATH north of $32.Bitcoin Stalls After The Latest ATH Set At $57.5KThe past week was quite positive for the primary cryptocurrency as it recovered from the brief dip to $46,000 decisively. In the following days, the asset gained more than $11,000 of...
Read More »Survey Suggests Bitcoin Is Not Attractive to Nearly 85% of Financial Heads
Bitcoin is doing extremely well as of late. It has recently crossed the $51,000 line, and it appears to be staying there. Several institutions and major tech industry players have been investing in the asset and seem to be viewing it through a rather positive lens, but this isn’t changing the minds of most financial executives when it comes to BTC and crypto.Bitcoin Is Doing Well, but It’s Not Loved By EveryoneIn a recent survey, only 16 percent of the world’s primary financial heads say they...
Read More »