Tag Archives: social

In a somewhat surprising turn of events, the full-time bitcoin critique Peter Schiff acknowledged that BTC’s price could have another impressive leg up by reaching $100,000. In a recent interview with Coin Stories, the ‘gold bug’ also touched upon his regrets about the cryptocurrency but ultimately remained as bearish as he ever was. The Debate: Bitcoin Vs. Gold Peter Schiff is known for many things – from calling the 2008 financial crisis to supporting gold on every...

A few months after dabbling with the idea of getting on the cryptocurrency bandwagon, Wells Fargo has filed documents with the US Securities and Exchange Commission to launch a designated Bitcoin fund. According to the filing with the Commission, the US financial institution has partnered with FS Investments and New York Digital Investment Group (NYDIG) for the initiative. The name of the product will be FS NYDIG Bitcoin Fund I, LP. While previous speculations indicated that...

Following the success of its first six parachain auctions, Kusama – Polkadot’s Canary network, goes ahead and announces the dates and details for the next 5 auctions. Kusama Goes Ahead With 6 More Parachain Auctions According to materials shared with CryptoPotato, Kusama will schedule the next five parachain auctions on its network. The dates for them, as per the current recommendations, are as follows: 2021/09/01, 12:00 GMT: Sixth Kusama Parachain Slot auction commences....

Over 95,000 ETH – over 287 million – have been staked in the ETH 2.0 contract in a day, as per data from on-chain and market data platform CryptoQuant. It seems the number of new depositors is fewer compared to the number of deposits, which, according to Young Ju, CEO of CryptoQuant, is a firm sign that whales are bullish on ETH by staking more tokens to the contract. Another evidence that $ETH is bullish in the long term. It seems whales who staked a lot of $ETH to the ETH...

The meme-inspired cryptocurrency, Dogecoin (DOGE), has continued to take the top spot in crypto trading activities on Robinhood ever since it shot into the limelight earlier this year. In its earnings report, the American financial services company pointed out significant increases in its crypto revenue in 2021 Q2 compared to last year’s second quarter. The firm said its digital asset-related figures rose from $5 million in Q2 2020 to about $233 million in Q2 2021. DOGE...

The popular crypto trading platform, Bybit, has revealed that it has entered into a multi-year partnership with the Ukrainian esports organization, Natus Vincere (NAVI). Bybit Collaborates With NAVI According to a press release shared with CryptoPotato on Wednesday, the new partnership marks Bybit’s entrance into the esports space and will open up various opportunities for both parties. The two industries have gradually revolutionized the traditional financial and sporting...

The number of cryptocurrency-related companies aiming to go public continues to increase, with the latest example being Iris Energy Pty. The firm, focused on green Bitcoin mining, has filed with US regulators for a direct listing on Nasdaq this year. Based in Sydney, Australia, Iris Energy is a Bitcoin mining firm that “owns and operates real assets, including data center infrastructure, powered by renewable energy.” According to a press release dated August 18th, the company...

The bears have returned to the crypto market and have pushed bitcoin south to around $45,000. The alternative coins, which flew high recently, have struggled even more. ETH is close to breaking below $3,000, ADA is just above $2, and BNB is down to $400. Bitcoin Dropped to $44.5K Ever since the Saturday retracement in which bitcoin dropped below $46,000, the cryptocurrency’s price performance seemed rather healthy. In fact, BTC jumped and touched $48,000 on Sunday for the...

The world’s leading cryptocurrency exchange has appointed Greg Monahan – a former US Treasury Criminal Investigator. Monahan will serve as Binance’s new Global Money Laundering Reporting Officer. The company announced its latest hiring in its attempts to comply with global watchdogs in a press release shared with CryptoPotato. It explained that Monahan has a 30-year of experience in credit government service, with a large part being as a US Treasury Criminal Investigator. He...

CryptoPotato got the chance to interview the popular investor Kevin O’Leary, also known as Mr. Wonderful, from his performance on Shark Tank, where he’s one of the sharks. O’Leary talks about some important considerations for our industry, such as portfolio diversification, ESG concerns, institutional involvement (and why it’s not there yet), and some of his most recent investments, such as WonderFi. We’re also joined by Ben Samaroo, founder at WonderFi, who talks about the...