Tag Archives: AA News

The legendary investor Warren Buffett and his firm Berkshire Hathaway knew about Google way ago. They had direct information early on about how lucrative its business would be but decided to pass on investing in the Internet search giant.Buffett says he’s really regretting that decision now. Google has become one of the very few $1 trillion dollar market cap U.S. companies. You could count them all on one hand.An investment of $500 million in 2013 would have grown in value to nearly $2.5...

Cold storage hardware wallets are considered to be the most secure way to hold Bitcoin and other cryptocurrencies. The main reason for that is because the private key is never exposed to the internet, unlike hot wallets.Trezor is believed to be the most popular hardware wallet, together with Ledger. During last October of 2019, Kraken Security Labs had announced that they had found a critical weakness in a few of Trezor’s cryptocurrency hardware wallet devices, namely the Trezor One and...

For many Bitcoin investors, hodling is the best long term strategy to avoid selling at a loss, especially during a rapid slump in price. However, a price surge with hodlers refusing to let go of their positions even when they are in profits means there is a huge positive sentiment among investors.Data from Glassnode, a cryptocurrency analytics firm, reveals that the number of Bitcoin on-chain deposits to exchange is decreasing as there are now fewer incentives to make investors sell.In last...

Ethereum Futures might be the next significant product coming to the cryptocurrency scene, said the CFTC Charmain, Heath Tarbert.Furthermore, he expressed his hopes once again that the United States can lead the race for both digital assets and blockchain adoption. This aligns with Bakkt plans, as CryptoPotato reported this week.Ethereum Futures Coming Soon?Bitcoin has dominated the cryptocurrency Futures market, but Ethereum might soon have its own similar product, according to Tarbert. The...

Stablecoins now have a larger share of value transferred on the Ethereum network than its native cryptocurrency – ETH.Even though the continuously increasing interest towards stablecoins appears as a concern to some, Changpeng Zhao believes that they are still needed for mass adoption.Stablecoins’ Flip On The Ethereum NetworkYesterday, new research by Messari, found out that ETH is no longer carrying the most substantial transfer value on the Ethereum network as stablecoins have surpassed...

Blockchain research and intelligence service TokenAnalyst.io has some more bullish news for Bitcoin heading into February. BitMEX, the world’s largest Bitcoin derivatives market, has seen it fortunes turn on a dime from December to January. In December, the massive Bitcoin futures platform saw its cold wallet balance decline by approximately 1,000 BTC ($9.3 million USD on 1/30/20). But over the last month, BitMEX experienced inflows in excess of 15,000 BTC ($140 million+ USD on...

The last week of trading has undoubtedly been a successful one for Bitcoin and the entire cryptocurrency market. BTC’s price gained more than $1,100, charting an increase upwards of 13% in the past seven days alone. Despite the few ups and downs, the price seems to be comfortable above $9,400.Interestingly enough, Bitcoin is trading well above the 200-days moving average. According to recent research by Tom Lee’s Fundstrat Global Advisors, in 80% of all situations when BTC was above the...

Bitcoin’s 2020 positive price movement will continue, according to the Managing Partner at Fundstrat Global Advisors, Tom Lee. He believes that both the fundamentals and the technical aspects of the largest cryptocurrency are intact to deliver excellent results throughout the whole year.Bitcoin Enters A Bull RunBitcoin has recorded a seriously impressive month, starting at around $7,200 and jumping with 30% to the current level of about $9,400. This is the second-best January in its history,...

A recent report by Baidu has revealed a lot of details surrounding China’s cryptocurrency. According to the document, the country’s central bank will be the institution monitoring the digital currency. However, as expected, the ledger used for its creation won’t provide any kind of anonymity but rather allow the Government to monitor financial transactions closely.Not Bitcoin: China’s Cryptocurrency Paves The Way For Further ControlChina has been talking about issuing its own cryptocurrency...

The U.S. based cryptocurrency exchange Coinbase has hired a former Google executive as a new Chief Product Officer (CPO). After over a month since the previous CPO left the company, the popular exchange has replaced him with Surojit Chatterjee.Coinbase Hires A New CPOIn December last year, Jeremy Henrickson left his position at the company as the Chief Product Officer. Coinbase announced yesterday that they are filling the vacant spot with the former vice president of product at Google...