Tag Archives: AA News

Mark Cuban, a famous venture capitalist, and owner of the Dallas Mavericks, made comments on Twitter regarding the Gamestop stock situation, along with some of the inherent problems that lie within the New York Stock Exchange. In the thread, the billionaire claims that a blockchain system could solve many of the issues that the stock market faces as it enters the 21st century.“What do you mean by ‘the markets aren’t open?’”One of the largest differences between trading cryptocurrencies and...

Popular gold advocate Jeffrey Gundlach, CEO of DoubleLine Capital, has thrown his weight behind Bitcoin (BTC), stating that the crypto asset is a better investment than the precious yellow metal.Gundlach tweeted earlier today that despite being a strong gold bull and a long-term U.S. dollar bear, he has chosen to be neutral on both for the past six months.  Gundlach Makes U-turn  Earlier this year, Gundlach declared his hatred for Bitcoin, joining other traditional financial experts to call...

Cosmos developers will be welcoming the news that their chains can now connect with Polkadot’s Substrate network of parachains with minimal effort.Until now, projects elected to build on Cosmos would have been forced to remain there, given the costs and time associated with migrating to a different blockchain and rebuilding from scratch.A new SDK from Adoriasoft promises to provide painless chain-switching on-demand, allowing Cosmos chains to be repurposed as Polkadot parachains. Not only...

Cryptocurrency trading has continued to thrive in Nigeria despite the ban imposed by its Central Bank. The Central Bank Of Nigeria had earlier issued a circular warning financial institutions against enabling bitcoin transactions. The digital asset currently trades 52% above the global price in Nigeria.Statistics show that bitcoin is currently trading at a 52 percent premium in Nigeria. The premium is as seen on the leading cryptocurrency platform, Luno. While the global price stands north...

While predicting that the future of payments lies with digital currencies, Microsoft co-founder and philanthropist Bill Gates highlighted a “neutral view” on bitcoin. Nevertheless, he suggested that the digital form of money would need to enable transaction reversals and complete visibility.I Don’t Own Any Bitcoin, Says GatesThe 65-year old US business magnate, author, and philanthropist seems slightly more optimistic on bitcoin now compared to a few years ago. During the year-long bear...

The private financial and investing advice company The Motley Fool has announced plans to allocate $5 million in Bitcoin.The Motley Fool Joins The BTC PartyThe Virginia, US-based company announced its intention to buy BTC in its Twitter account earlier. It reads that “we are buying $5 million in Bitcoin on our own balance sheet.”The Motley Fool also provided several reasons behind its decision. The firm believes that the cryptocurrency will “store value more effectively than gold over the...

Ethereum has been among the best price performers in the past several months by gaining more than 400% since October to fresh all-time highs above $1,900. According to recent data, though, this bull run is significantly different than the parabolic increase in 2017/2018 when ETH peaked at $1,450.This Time Is Different: ETH EditionLess than a year ago, during the mid-March liquidity crisis, it seemed that the bears had taken a permanent seat in the crypto field. Ethereum was not exempt from...

Binance Smart Chain continues to grow as it’s becoming more and more popular among the cryptocurrency community, especially those who are tempted to explore interesting DeFi capabilities on the network. Undoubtedly, the low fees and quicker transaction settlement compared to Ethereum’s blockchain are a strong incentive for a lot of users.BSC Daily Transactions Now 70% More Than Ethereum’sBinance Smart Chain sees an increased number of users getting attracted to it on a daily basis. This is...

Residents located in the canton of Zug, one of the 26 cantons in the European country, will be able to use Bitcoin and Ethereum to pay their cantonal taxes as of this week. This comes just months after the canton partnered with Bitcoin Suisse to enable the innovative initiative. CryptoPotato reported the partnership between the two parties in September 2020. At the time, Bitcoin Suisse, the crypto broker headquartered in the same canton, agreed to convert the BTC and ETH holdings to Swiss...

Despite warning investors of BTC’s notorious volatility, Anthony Scaramucci from SkyBridge Capital predicted a 100% price boost for the asset by the end of the year and entering a six-digit price territory. He argued that the demand for the asset has skyrocketed lately and admitted that his investment firm holds over $500 million in BTC.$100K By 2021’s End, Scaramucci SaysEver since the billion-dollar hedge fund SkyBridge Capital announced plans to launch a Bitcoin Fund in late 2020, the...