It has taken roughly seven years, but one of Cameron Winklevoss’ bitcoin price predictions has materialized. Back in 2013, the Gemini co-founder and long-term BTC supporter said that the cryptocurrency will reach a price tag of $40,000 faster than anyone imagines.2013 Winklevoss Prediction Comes TrueBack in December 2013, Cameron Winklevoss, previously known for his involvement in Facebook, provided what seemed like a wildly optimistic and perhaps outrageous bitcoin price prediction.At the...
Read More »Altcoins Party: Bitcoin Cash Skyrockets 50% As ETH Just Inches Away From All-Time High
Most alternative coins have resumed their recent bull run, including double-digit increases on behalf of most of the large-caps, including Bitcoin Cash, Bitcoin SV, Chainlink (LINK), Ripple, Litecoin, and Cardano. The second-largest, Ethereum, has also surged to new highs and has come about $100 away from the 2018 record of $1,450.Simultaneously, BTC has stalled slightly around the $41,000 mark, and its dominance over the market has reduced to 68.5%.Exploding Alts: Ethereum Nearing...
Read More »Chamath Palihapitiya: Bitcoin Will Hit $200K in About 5 to 10 Years
Bitcoin has been surging as of late. At the time of writing, the world’s number one digital currency by market cap has jumped beyond the $40,000 price for the second time this month, but according to billionaire investor Chamath Palihapitiya, the currency is just getting started, and $40,000 is nothing compared to where he believes it will go within the next five to ten years.Chamath Palihapitiya: Bitcoin Will Hit $200,000 Within the Next DecadeIn a recent interview with CNBC, Palihapitiya...
Read More »Bill Miller: Risk Associated with BTC Vanishes When Its Price Gets Bigger
Bill Miller – a value investor – is one of just many people who appear to have changed their tune on bitcoin. It used to be that bitcoin was an extremely worrisome, potentially even dangerous asset to invest in given how volatile it was. It used to be that bitcoin was a currency that was widely vulnerable to outside market influence and that could easily be manipulated.Bill Miller on Bitcoin – When It Gets Bigger, the Risk Goes DownHowever, Miller has said that every time bitcoin strives for...
Read More »Bitcoin Is Up Almost 350% Since Warren Buffett Called it “Rat Poison Squared”
It has been less than three years since one of the most celebrated traditional investors, Warren Buffett, famously called bitcoin “rat poison squared.” While he envisioned the cryptocurrency’s demise at the time, BTC has so far survived, surged by over 300%, and its market capitalization has surpassed that of Buffett’s company – Berkshire Hathaway.The Rat Poison That Ate Buffett’s CompanyThe year was 2018, bitcoin had just started to cool off after its parabolic price increase that led to...
Read More »Whale Activity Has Caused Bitcoin to Reach $40,000 Again
The bitcoin price has hit $40,000 for the second time this month. While technically the asset had done so during yesterday’s early morning hours, the currency ultimately underwent a bit of a correction later in the day that brought it down into the $39,000 range.Bitcoin Strikes the $40K AnvilNow, however, bitcoin has hit $40K again and it looks like it’s aiming to stay there. In just the last 12 months alone, the bitcoin price has managed to grow by a whopping 400 percent.Many analysts have...
Read More »A New Malware Working On Windows, Linux, and MacOS Targets Your Cryptocurrency: Report
A recent report informed of a new type of malicious operation that has been active for over a year and has targeted thousands of cryptocurrency users. Dubbed ElectroRAT, it’s written from scratch to work on various operating systems and promoted via dedicated forums and marketing campaigns.A New Threat For Crypto UsersThe cybersecurity company Intezer issued a report describing the latest threat for cryptocurrency users. It reads that the firm discovered the operation in December 2020, but it...
Read More »Bitcoin Price To Reach $200,000, Predicts Social Capital CEO Chamath Palihapitiya
Social Capital CEO Chamath Palihapitiya sees bitcoin eventually expanding into a six-digit price territory. The former Facebook executive also doubled-down on his belief that BTC is an insurance policy that will thrive in the current times of economic uncertainty, but it will grow to something “much more important.”$200K Per Bitcoin; PalihapitiyaThe founder of the venture capital firm Social Capital has been a long time bitcoin supporter. He admitted last year that his first BTC purchase came...
Read More »LibertyPie partners with Zoracles to expand private, decentralized DeFi platform
[PRESS RELEASE – Please Read Disclaimer]As interest explodes in anonymous peer-to-peer (P2P) lending and decentralized finance (DeFi), two tech companies are teaming up to build out a project to provide zero-knowledge proof (ZKP) oracle data to smart contracts.LibertyPie offers a non-custodial, permissionless, and autonomous P2P exchange and DeFi protocol designed to provide users with a completely anonymous platform for buying and selling select cryptocurrencies instantly and securely.To...
Read More »Bitcoin Strong At $40K: Will It Be Another Wild Weekend? (Market Watch)
Following another all-time high and a wildly volatile day, bitcoin has retraced slightly and calmed around the $40,000 price mark. Most large-cap alternative coins have also lost some steam, but some lower- and mid-cap ones have skyrocketed in the past 24 hours.Bitcoin Stalls Beneath $40KThe past several days have been quite bullish for the cryptocurrency. After it dipped briefly beneath $28,000 on Monday, bitcoin went on a roll. It reclaimed the $30,000 tag almost immediately and continued...
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