Italian art dealer Stefania Minutaglio is the head of 11 [HH] Art Gallery in both Rome and Miami. She has recently begun accepting crypto payments for the artwork she sells and says that some of the artists who consistently feature their work with her gallery have begun to embrace digital assets as well.Stefania Minutaglio Enjoys Her CryptoIn a recent interview, Minutaglio explains why she thinks cryptocurrency is the future. She mentions:No doubt our gallery is a forerunner in terms of...
Read More »Elon Musk Needs Bitcoin Help from MicroStrategy’s Michael Saylor
Elon Musk is at it again when it comes to crypto. This time, his attitude appears to have shifted into more positive territory, questioning whether it’s possible to transform much of the money held by Tesla into bitcoin.Elon Musk Needs a Little Crypto AdviceMusk appears tempted by the recent trend of institutional players that have gotten their fingers on bitcoin and willingly entered the crypto space. These companies include MicroStrategy, Stone Ridge, Square and many others. In fact, Musk...
Read More »Bitcoin Premiums Are Extremely High, Yet People Are Willing to Pay
Imagine that you come across a collectible you want. You’ve done the math, and you know it’s only worth a specific amount, yet the seller wants double or triple that price. Would you take it? Do you want this collectible enough? When it comes to bitcoin, people are allegedly so desperate to get their hands on the currency that they’re suddenly willing to pay just about anything to add it to their portfolios.Bitcoin Premiums Are Through the RoofBitcoin, the world’s number one cryptocurrency by...
Read More »Elon Musk Bashes BTC, but Still Has Apparent Love for Dogecoin
Elon Musk is at it again when it comes to crypto, and as time goes by, it’s getting harder and harder to take the SpaceX and Tesla CEO seriously. He can’t seem to get a grasp on his comments, and many digital analysts and traders, at this stage, are likely thinking the same thing: make up your mind!Elon Musk Suddenly Doesn’t Care for BTCOne minute, Musk is acting like crypto is the greatest invention known to man. The next minute, he’s saying that it all smells foul and that people should...
Read More »Move Over, USA; Nigeria Is Becoming the Biggest BTC Haven
No doubt that the United States is a leading territory when it comes to the cryptocurrency revolution. The region boasts some of the biggest cryptocurrency exchanges in the world like Kraken and Coinbase, and the good old USA has done wonders when it comes to attracting new traders to the digital currency space, but it looks like the nation may soon lose its position due to growing activity in Nigeria.Nigeria Is a Major Bitcoin HubBitcoin has really experienced a surge in popularity within...
Read More »Opinion: There Is No “Biden and Bitcoin.” Not Yet.
For some, the United States presidential election is over. A winner – Joe Biden – has allegedly been declared, and many financial analysts are confident that this new successor to the White House is going to do wonders for bitcoin and really put the cryptocurrency space on the map, but it’s possible these individuals are jumping the gun.Bitcoin Isn’t Quite on the Political Map YetBefore we go on, we need to get one thing straight… Biden is not the official winner of anything yet. The fact is...
Read More »Mike Novogratz: COVID Boosted the World’s Love of Crypto
Mike Novogratz – a billionaire investor and former hedge fund manager – is not an insensitive man. He acknowledges that 2020 was wracked with hardship, and that the year has been difficult primarily thanks to the spread of the coronavirus pandemic. He sees that it has led to considerable damage in our economy and has contributed to numerous deaths.Novogratz Believes COVID Had a Positive SideHowever, he’s not one to just turn his back on the positives altogether. In many ways, he believes the...
Read More »PayPal’s Digital Currency Friend Paxos Trust Experiences Major Funding Round
Paxos Trust – the official cryptocurrency partner of PayPal – has garnered more than $140 million in fresh funding through a Series C funding round.Paxos Trust Is Getting Its Hands on a Lot of MoneyThe round was led by a company known as Declaration Partners, an investment enterprise backed by billionaire and philanthropist David M. Rubenstein. Other companies to take part in the funding round include Mithril Capital, RIT Capital Partners, RRE Ventures and Liberty City Ventures.CEO of Paxos...
Read More »BTC’s Latest Fan Ray Dalio Experiences Tragedy
Bitcoin’s latest supporter Ray Dalio is dealing with a harsh family tragedy at the time of writing. He took to social media recently to report that his son, Devon Dalio, had been killed in a car crash.Ray Dalio Reports the Death of His SonThe 71-year-old billionaire hedge fund manager explained on Twitter:It is with great pan that I am sharing with you that my 42-year-old son was killed in a car crash yesterday. My family and I are mourning and processing and would prefer to be incommunicado...
Read More »EOS Price Analysis: Vulnerable Below $2.65 and $2.80
EOS started a strong decline from well above the $2.800 support zone against the US Dollar.The price is currently correcting higher from $2.000, but it is well below the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support at $3.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move lower as long as it is below the $2.650 resistance level.EOS price started a fresh decline below $2.800 and $2.650...
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