One of the biggest critics of the cryptocurrency industry – Peter Schiff – expected bitcoin’s spike at the start of the year to cease shortly after it began and advised investors to sell their holdings when the asset was trading at around $18,000. The uptrend, though, continued, and BTC currently stands at $22,800 – a 27% increase since the American financial commentator shared his views. Another famous person whose grim prediction has failed as of the moment is Jim Cramer....
Read More »Crypto Bankruptcy was Big Last Year, but was There a Positive Note to It All?
2022 was a year wrought with bankruptcy and the exiting of several crypto companies, but many analysts do not feel this was necessarily a bad thing. Bankruptcy was Big in 2022, but Things Might’ve Been Better Than We Thought On the surface, one could argue that 2022 was the worst year for crypto since 2018. The price of bitcoin, for example, fell by more than 70 percent after the world’s number one digital currency by market cap hit a new all-time high in the final...
Read More »Today in 2014: Ethereum Was Announced by Vitalik Buterin on Bitcointalk
Vitalik Buterin’s first tryst with the Bitcoin community dates back to 2011. He began participating in ‘Bitcointalk,’ a forum created by Satoshi Nakamoto. It was then that he co-founded and started writing articles for Bitcoin magazine. He began traveling to speak with BTC developers around the world in a bid to construct a new, potentially superior iteration of the Bitcoin blockchain. In late 2013, Buterin described the idea of yet another digital currency in a white paper...
Read More »Ethereum’s Vitalik Buterin Talks on Privacy with Stealth Addresses
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Read More »Big Banks Unveil Payment Wallet to Rival Apple Pay & PayPal
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Read More »Germany’s Watchdog Launches Anti-Trust Investigation into PayPal
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Read More »Valkyrie Investments Seeks More Control of the Grayscale Bitcoin Trust
Valkyrie Investments is working to become the new sponsor and manager of the Grayscale Bitcoin Trust, arguably the largest digital currency fund in existence. Valkyrie Investments Wants a Bigger Role in Grayscale’s Environment Based in Nashville, Tennessee, Valkyrie is tasked with managing $180 million in assets. In late December, the firm announced what’s to be called the Valkyrie Opportunistic Fund, which will take advantage of discounts being offered through Grayscale...
Read More »Spotify Resorts to Fresh Layoff Scheme amid Tech Downturn
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Read More »Cardano Protocol Recovers after More than 50% of Nodes Went Offline
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Read More »Binance Charity Has Plans to Offer Over 30,000 Web3 Scholarships in 2023
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