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Tag Archives: AA News

Bitcoin Is A Pyramid Scheme According To A Popular Economist

Despite the extremely positive last decade, Bitcoin has also received a lot of criticism and negativity. Such is the case with an economist from Lending Tree, calling it a pyramid scheme that has no real utility in the world. At the same time, a Chief Market Strategist noted that he actually owns five cryptocurrencies, but people need to be familiar with the possible risks.Bitcoin – A Pyramid Scheme?In a recent interview with Yahoo Finance, Lending Tree Chief Economist Tendayi Kapfidze spoke...

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Trevon James Promised (And Claims He Did) Eating His Dog’s Poop If Bitcoin Isn’t At $10 By 2020

Trevon James, a former promoter of the famous cryptocurrency Ponzi scheme, BitConnect, made a Bitcoin prediction in 2018, which he must be regretting today. Back in 2018, he said that BTC’s price will be $10 on January 1st, 2020 and that he would eat his own dog’s excrement live on the internet if this is not the case.James To Eat More Than His WordsJames is a notorious YouTuber within the cryptocurrency community, mostly with promoting one of the largest scams in the industry – BitConnect....

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Bitcoin Opens 2020 With Untypical Stability: Tuesday’s Crypto Market Watch

Bitcoin marked the end of 2019 at around $7,150, which is a notable increase of over 90% since January 1st.  Looking at the price on a smaller time frame, BTC has decreased by 1% in the last 24 hours and is currently trading at $7,190.Just yesterday, the largest cryptocurrency attempted to break the $7,400 resistance but to no avail. Part of the reason could be related to the CME price gap at around $7,300, and as it often happens, it was filled in less than 24 hours.If BTC is to increase, it...

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In the New Decade, Crypto Will Become Essential Like Email: Says Tyler Winklevoss

It’s the start of a new decade, and industry famous twin Tyler Winklevoss, the co-founder, and CEO of cryptocurrency exchange and custodian company Gemini Trust, has shared his views on what the next ten years hold for crypto.According to Winklevoss, crypto is already becoming more than a niche technology and a form of money, and it will play an essential role in our daily life in the foreseeable future.“Today, crypto is still a niche technology and a form of money. It is not crucial to your...

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Recap Of 2019: Those Were The Biggest Bitcoin & Crypto Events Of The Year

It’s safe to say that Bitcoin, as well as the entire cryptocurrency market, were in for one wild ride in 2019. This is true in terms of price, but also for new developments, exciting events, important community positions, and so forth. A lot of people believe that 2019 was the preparation year for Bitcoin and other cryptocurrencies – the period during which digital assets could claim a higher ground and be more recognizable, especially for regulators across the world. And this is no doubt the...

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Bitcoin Loves Weekends: Saturday Was The Best ROI Day Throughout 2019

With only a few hours left to the start of 2020, a recent market report from Santiment, a platform for accessing cryptocurrency data and insight, revealed that Saturdays proved to be the best days for Bitcoin in 2019 with Fridays being the worst. According to Santiment, they created a backtesting solution to calculate the daily average performance of any cryptocurrency, including Bitcoin, Ether, and other altcoins in the market. Bitcoin (BTC) 2019 Daily TrendFrom the chart above, Bitcoin had...

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Craig Wright Is Supposed To Receive Private Key of 1 Million Bitcoins (Worth $8 Billion) Tomorrow

The controversy around the Wright versus Kleiman legal case continues, as the former is reportedly going to receive the private keys needed to access over one million Bitcoins on January 1st, 2020.If successful in retrieving them, it’s questionable how and if Craig Wright will dispose of the cryptocurrency and what the effect on the price of Bitcoin would be.Wright: I will not dump the coinsCraig Wright has fought a few legal battles in the cryptocurrency space, including the one against the...

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Ethereum’s Newest Hardfork, Muir Clacier, To Take Place On January 1st

The beginning of the new year will deliver a new hard fork for Ethereum, called Muir Glacier. Just a few weeks after the last one (Istanbul), the new fork should address the issues left from it and is supposed to happen on Wednesday, January 1st, 2020.Muir Glacier To Start 2020According to the official announcement from the company, Ethereum’s newest upgrade is called Muir Glacier and will take place at block number 9,200,000, which should be on January 1st, 2020. However, the date might...

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8,900,000% ROI: Bitcoin Is The Best Performing Asset Of The Ending Decade

Whenever a year comes to its end, people start reminiscing on the last 365 days, recovering photos and memories, and the same could be expected to happen in the next few days, as this year ends.2019 though, marks another milestone as the whole decade is coming to a close. While some people might start getting back to what happened to them in the last ten years, we will have a look at the leading financial instruments and how they performed in this timeframe.Did you know that if you had...

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Samsung Adds Support For 3 New TRON dApps

TRON network’s partnership with the technological giant Samsung appears to be expanding. Just two months after announcing on the initial deal to be integrated on the latter’s Blockchain Keystore, Samsung adds support for three new TRON-based dApps for its Galaxy S10 phone.Samsung To Support 3 New TRON dAppsAccording to a recent Korean report, three of TRON-based decentralized applications will be available on of the bestselling smartphones launched by the tech giant, such as the flagship...

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