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Tag Archives: social

Bitcoin Will Do 25X In The Next Decade, Winklevoss Twins Say

Tyler and Cameron Winklevoss, the founders of the large US-based cryptocurrency exchange Gemini, foresee even more significant BTC price developments this decade. While appearing on CNBC, the twins predicted that Bitcoin will become the best-performing asset with a 25x appreciation in the next nine years.Back-to-Back Best Performing Asset Of The Decade?As CryptoPotato reported at the end of 2019, Bitcoin became the 2010s best-performing asset with a significant ROI of 8,900,000%. Although...

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ETH Worth $510 Million Staked in Ethereum 2.0 Deposit Contract for Tomorrow’s Launch

The hype around Ethereum 2.0’s launch is pretty hot at the moment. It can be seen from the enormous amount of ETH staked in the upcoming proof-of-stake network’s deposit contract. Data shows a balance that is upwards of 853,000 Ether (worth more than $500 million) in the Ethereum 2.0 deposit contract.ETH Worth $500 Million+ Deposited In The Ethereum 2.0 Deposit ContractEthereum blockchain activity tracking website etherscan.io has been keeping a record of all Ethereum 2.0 developments since...

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Bitcoin Just Broke The All-Time High Recorded In December 2017

The long wait is finally over. After three years of grinding through various price levels, Bitcoin finally broke the all-time high value it had set all the way back in 2017.Bitcoin ATH: An Exciting Journey Since 2017Following three long years of waiting, bitcoin has just managed to surpass its previous all-time high set in December 2017 ($19,660 on Bitstamp).Those three years were filled with everything imaginable. Bitcoin went through a prolonged bear market in 2018, which saw many experts...

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Wall Street Giant Guggenheim Fund Seeks SEC Approval to Buy Bitcoin Worth up to $500 Million

Guggenheim Partners is among the largest investment and advisory financial services companies. The Wall Street giant filed a document with the US Securities Exchange Commission (SEC) to enable one of its funds, dubbed the Macro Opportunities Fund, to allocate millions of dollars in bitcoin.According to the filing, the Fund plans to spend 10% of its net assets on bitcoin through the leading cryptocurrency manager – Grayscale.“The Guggenheim Macro Opportunities Fund may seek investment exposure...

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Following $1000 Weekend Move, Bitcoin Back Above $18K: Cardano Soars 16% (Crypto Market Watch)

After dabbling around $16K – $17K for a few days, Bitcoin has soared back above $18K. Most alternative coins have also increased in value, adding $30 billion to the total market cap in a day.Bitcoin Jumps to $18KFollowing the vigorous price dips from earlier this week that resulted in BTC losing more than $3,000 in hours, the asset consolidated around $17,000 for a few days.Bitcoin charted a few more drops beneath that level. However, the situation changed over the weekend. The primary...

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Bitcoin and Crypto Worth $4 Billion Seized From PlusToken Ponzi Group

Chinese authorities seized around $4 billion worth of bitcoin and other cryptocurrencies from the notorious crypto Ponzi group PlusToken. This comes after the Chinese police arrested the core team running the scheme in July.Around $4 Billion Worth Of Bitcoin And Crypto Assets SeizedAccording to CryptoPotato’s previous report on the PlusToken saga, the crypto shysters (27 key operators) were arrested by the Chinese police in July earlier this year. Along with them, the police also arrested 82...

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Ripple Plans To Cash Out 33% Of Its MoneyGram Stake With A Significant Profit

The San Francisco-based payment protocol has filed a document on Friday with the US Securities and Exchange Commission (SEC). It reads that Ripple Labs has entered into an agreement with MoneyGram, which entitles Ripple to sell up to 4,000,000 shares of common stock.Ripple’s option to sell these shares will expire “upon the earliest of March 31st, 2021, the time at which the maximum amount shall have been sold, or the occurrence of certain other customary events affecting the...

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Bitcoin Struggles Around $17K as Stellar (XLM) Charts 120% Weekly Gains (Market Watch)

Bitcoin’s volatility continues with full force as the asset made another $1,000 move in the past 24 hours. Most alternative coins have marked minor gains following the recent price drops.Stellar has been on a tear in the past week and XLM has found a place in the top ten after a triple-digit surge.Bitcoin Struggles With $17KFollowing the most substantial gains marked in 2020 that led to the yearly high of $19,500, Bitcoin bears took control over the asset. As a result, BTC experienced...

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Bitcoin Black Friday 2020: The Sales You Better Not Miss

Black Friday is the day shoppers anticipate the most. Being regarded as the beginning of the Christmas shopping season in the US since 1952, Black Friday has also infiltrated almost every country with significant discounts on clothing, consumer electronics, home utilities, and more.The cryptocurrency space also provides compelling offers. Perhaps the most attractive one arrived yesterday as most digital assets, including Bitcoin, started an early Black Friday sale.Black Friday On The Crypto...

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The Calm After The Storm: Bitcoin At $17K As DeFi Rebounds

Bitcoin has recovered a bit since yesterday’s massive price drop to $16,250. Most alternative coins have also bounced off their most significant dips, and the total market capitalization has recovered over $30 billion in a day.Bitcoin’s Black Friday SaleFollowing weeks of gradual increases that led to BTC coming less than 3% away from its 2017 all-time high, the primary cryptocurrency plummeted yesterday.Bitcoin went from a high of $19,500 down to $16,250 in a matter of hours. In other words,...

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