Markets

The Israeli pensioner Esther Freeman has reportedly turned an ILS 10,000 Bitcoin investment, worth roughly $3K at that time, into ILS 1,000,000 (~$324K) in eight years. However, Hapoalim Bank – one of the largest in the country – denied accepting the profits as the initial investment source might have had a connection to illegal financial operations. Cash Is The Problem In 2013 a 69-year old retired citizen of Israel, Esther Freeman, decided to enter the cryptocurrency market...

For many, bitcoin has become the prime investment tool. If you want to strike it rich and have all your wealth solidly in one place, one needs to invest in the world’s primary digital currency by market cap. That’s the attitude several traders have, but it’s not shared by all. A few – such as Kyle Bass – believe that the big money has already been made in BTC, and the time has come to move on. Kyle Bass On Bitcoin… It’s Days Are Numbered Bass is the founder and chief...

StakeMoon, a new and innovative digital cryptocurrency project, completed raising more than $500,000 during pre-sale and is now taking that success to the masses by launching on the PancakeSwap decentralized exchange (DEX) today. StakeMoon listing on the PancakeSwap has created a marketplace for buyers and sellers to transact. PancakeSwap offers unique benefits to make for an excellent trading experience, including extremely low transaction fees and rapid confirmation...

Following a few days of price nosedives, bitcoin finally bounced off and added more than $2,000 of value. Most altcoins are also well in the green, with Shiba Inu adding double-digit percentages and Avalanche registering a new ATH. Bitcoin Reclaims $58K The past several days didn’t go well for the primary cryptocurrency. Shortly after tapping $69,000 for its latest price peak, the asset headed straight down and lost $9,000 in days. This culminated in a drop to $60,000 on...

LBank Exchange, a global digital asset trading platform, announced that it will list BabyEthererum (BBETH) token on November 20, 2021. With more than 14,000 holders already, BabyEthereum aims to become the next token that breaks the crypto landscape. Up to 8% of every buy / sell is taken and redistributed to all holders to get Ethereum, one of the most valuable coins on the market. Specifically speaking, BabyEthereum taxes 13% on every buying, 6% of it will be rewarded...

Changpeng Zhao – Chief Executive Officer of Binance – revealed that Binance US (the American arm of the cryptocurrency exchange) plans to raise hundreds of millions of dollars in a funding round. Additionally, Binance will soon disclose where its new headquarters will be. Funding Rounds Before The IPO Speaking at the Bloomberg New Economy Forum in Singapore, Zhao (commonly known as CZ) admitted he does not know the exact number of the fresh funding. However, it will be a...

Cape Town, Africa & Switzerland 16th Nov 2021. African blockchain disruptors and early-stage startups have joined CV Labs Global Incubation Program Batch_03. The African contingent of incubatees is reflective of Crypto Valley Venture Capital’s (CV VC) global investment strategy, to invest in blockchains’ wider applicability to solving problems and creating new markets, beyond crypto. The incubation program is a precursor to CV VCs’ public-private partnership with the Swiss State...

This morning, bitcoin dipped below 50,000 euros for a brief moment. This morning, bitcoin dipped below 50,000 euros for a brief moment. The price recovered quickly, but it feels like a new all-time high is residing in a galaxy far, far away. That’s the nature of cryptocurrency. In the beginning of this week, everyone was hopeful but a couple of days later, the market sentiment changed to fear. Perhaps it’s wise to listen to Warren Buffett when...

According to legendary investor Ken Griffin, bitcoin will soon be a thing of the past. The world’s number one digital currency by market cap will eventually be outdone by its main competitor Ethereum, which in turn, will be outdone by a whole new generation of digital currencies. He suggests that this will be a vicious cycle, in which many crypto assets likely will not survive and be replaced by future coins. Ken Griffin Thinks ETH Will Outdo BTC In an interview, Griffin...

Following the recent decline in the cryptocurrency market, in which bitcoin has lost nearly 20% of its value since its all-time high, the general sentiment among investors has changed drastically. The Fear & Greed Index has gone into a state of “Fear” for the first time in nearly two months. Fear Is Back Again The popular Bitcoin Fear & Greed Index is a metric that follows several factors within the digital asset community to reveal the momentary sentiment towards the...