Tom Lee: Der Misery Index deutet auf einen Anstieg beim Bitcoin-Preis hin. Laut dem Branchenkenner Bobby Lee könnte der Wert einer Bitcoin (BTC) bis zu einer Million Dollar erreichen und in der Gesamtsumme sogar die Marktkapitalisierung von Gold übertreffen. In einer Reihe von Tweets nahm Lee, der den chinesischen Kryptowährungshandelsplatz BTCC mitgründete und nun ein Bitcoin-Börsen Start-Up leitet, am 10. November Stellung zu der sich...
Read More »Ethereum: Bald 900 US-Dollar für 1 ETH wegen Microsoft Azure?
Treibt Microsofts Ethereum-Plattform bald die ETH-Preise in die Höhe? In der letzten Zeit verband Ethereum-Nutzer vor allem Unsicherheit. Als Ursache lässt sich insbesondere ein schleppender Markt anführen. Der technologische Fortschritt und die Unterstützung durch Microsoft könnten Ethereum nun allerdings zu einem Kursanstieg verhelfen. Test-Launch von „Azure Blockchain Tokens“ Wie Microsoft kürzlich bekannt gab, entwickelte der IT-Gigant...
Read More »Tether Announces Support for McCormack against Craig Wright Libel Suit
By pretty much any standard, Craig Wright easily became the most controversial person in crypto over the years. For a long time now, Wright has been at the center of a suit brought against him by the Kleiman estate, representing Dave Kleiman, Wright’s former business partner.Wright has also proclaimed himself as the real Satoshi Nakamoto, creator of Bitcoin, and has even gone ahead to bring legal action against people who have refuted this claim. A few months ago and in his usual fashion,...
Read More »Ethereum Price Analysis: In The Footsteps of Bitcoin, ETH Is Back Above $190
Ethereum saw a small increase of 2.85% over the past 24 hours and it currently trades at $191. This was largely been helped by the 2.74% spike seen in Bitcoin today. Ethereum is now trading at resistance provided by the 100-days EMA with a break above sending us well above $200. ETH remains the second-largest cryptocurrency as it holds a market cap of $20.62 billion. Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, ETH fell below the 100-days EMA but remained supported...
Read More »Bitcoin’s Biggest Controversies Converge as Lawsuit Pits Craig Wright Against Tether
Craig Wright claims to have invented bitcoin, and he’s suing a podcaster who alleges otherwise. Wright’s lawsuit now faces a challenge from the creator of the fourth-largest cryptocurrency. Bitcoin’s most thrilling scandal continues to grow more and more exciting. As if the Craig Wright saga couldn’t grow any more mesmerizing, the most controversial person in the bitcoin industry now finds himself squaring off against the most controversial company in crypto. Tether, the issuer of $4.1...
Read More »The Regulation of Crypto Exchanges Moving Forward
Governments across the world initially adopted a policy of ignorance toward cryptocurrency. This was perhaps because of the misguided notion that cryptocurrency was a passing fad that would go away. Over a decade later the crypto industry is large and booming with a total market capitalization of about $250 billion USD. This is still a long way off the record highs of early 2018 but is remarkable nonetheless.At the height of the ICO boom, the industry attracted tens of millions in investor...
Read More »Investing in Cryptocurrency: Advantages and Disadvantages
Whether you are new to the world of investing or already an experienced investor, you may be wondering if cryptocurrency has a place in your portfolio. Given the mind-boggling rise in the value of Bitcoin and other cryptocurrencies, it is easy to see why there is so much interest in these alternative forms of investment.Even so, it pays to proceed with caution. Cryptocurrency can have a place in your portfolio, but only after you have done your homework and evaluated the benefits and risks....
Read More »Bitcoin Unexpectedly Drops to $8,000 Range
At press time, bitcoin has taken something of a nosedive and is now trading for a measly $8,800.Bitcoin Drops AgainWhile the price isn’t nearly as bad as it could have been, the currency has fallen below the $9,000 line, which is where it’s been for nearly two weeks. Things ultimately took a nasty turn for bitcoin and cryptocurrencies in general in late September when Bakkt – the institutional crypto trading platform owned by the Intercontinental Exchange (ICE) – debuted to rather lackluster...
Read More »Bitfinex: We’re Not Behind Any Bitcoin Manipulation
Not long ago, it was reported that a user of the cryptocurrency trading platform Bitfinex was responsible for the manipulation that ultimately caused bitcoin to reach the $20,000 mark in December of 2017. However, the company is now rejecting this report, saying that it was built on false evidence and a “house of cards.”Bitfinex: The Report Is Not TrueThe report was co-authored by John Griffin, a University of Texas finance professor who issued a separate report last year first making claims...
Read More »AI Chatbots Are Here to Transform the Future of the Banking Industry
Photo: ShutterstockRemember Blockbuster video stores, Nokia mobile phones, the Palm Pilot, and Polaroid cameras? All were once dominant in their respective fields, but no longer. The reason? They were all overtaken by technological advancements that rendered them irrelevant or obsolete in the eyes of their customer base. And something similar is happening in the banking industry. The days of queuing at the counter and having a chat with the bank clerk when your turn comes appear numbered....
Read More »