Tag Archives: social

After almost touching $19,000 for the second time, Bitcoin has calmed and retraced below $18,500 (as of writing these lines). At the same time, most alternative coins have doubled-down on their recent gains. Ripple’s 60% weekly spike has helped the asset overcome Tether as the third-largest cryptocurrency by market cap.Bitcoin Slows Down After Doule-Top At $19KBTC’s latest impressive price developments led to a notable leg up yesterday and yet another fresh yearly high. This time, the asset...

The Chief Investment Officer of the world’s largest asset manager, BlackRock, believes that Bitcoin and cryptocurrencies are here to stay. Although he hasn’t invested in BTC, Rick Rieder asserted that Bitcoin could “take the place of gold to a large extent.”BlackRock’s CIO Believes In BitcoinFounded in 1988 in New York, BlackRock is an American global investment management corporation. In fact, it’s the world’s largest asset manager with over $7 trillion in AUM as of the end of 2019.Its CIO,...

After running a 12-month test, U.S.-based digital asset investment management DAiM has announced the launch of the first employer-sponsored 401(k) plans that use bitcoin as a base currency. According to the announcement today, DAiM notes that the new service is compliant with the Retirement Income Security Acts of 1974 (ERISA) and will be fully available from 2021. Allocating Up To 10% To BitcoinThe crypto manager said it would work closely with companies and serve as an advisor and custodian...

Bitcoin initiated another impressive leg that resulted in charting a fresh new 35-month high at nearly $19,000. Only a few percentages from December 2017 all-time high. The altcoins have also painted notable price pumps, including a 25% surge for Ripple.Bitcoin Is Less Than $1K From Its ATHJust about five days ago, Bitcoin was struggling with decisively overcoming the $16,000 price tag. However, the primary cryptocurrency went on a roll since then, which drove it to $18,500 a few days ago....

It’s an all-around green day in crypto land. Bitcoin price has surged beyond $18,000, closing the gap with its previous all-time high of $20,000. ETH just rocketed past $500 for the first time in two years.But apart from the usual cryptocurrencies, decentralized finance (DeFi) tokens are sitting on gains as a majority of them exploded in valuations over the past couple of days.Top 100 DeFi Coins Register Explosive Weekly GainsA bull market pulls every asset out of the bearish rut. The same is...

After failing to tap the $500 mark two days ago, ETH woke up from its slumber with jetpacks mounted on its back. The cryptocurrency rallied vertically and just smashed the $500 resistance against the US Dollar after more than 2 years of trading at the said rates. This comes amid a rising trend of Ethereum searches on Google.Ethereum’s ETH Soars Straight Up To $500It seems ETH bulls are no longer in the mood to remain in the sub-$500 zone, as a bout of galvanizing price action pushed the...

The list of celebrities purchasing Bitcoin has officially grown by one more with a new representative from the hip hop world. The now-retired rapper going by the stage name Logic recently confirmed that he had purchased $6 million worth of BTC last month.Logic Buys $6M In BitcoinLogic was born in 1990 under his real name – Sir Robert Bryson Hall II. He became a popular songwriter, record producer, streamer, and author. He also had a successful hip hop career with six studio albums and two...

Scams within the cryptocurrency industry come in different shapes and forms, including impersonating legitimate applications downloadable from trusted establishments. A popular digital asset commentator recently warned the community about such a scam using the Uniswap name, resulting in the loss of $20,000.$20K Lost In A Uniswap-Impersonating ScamUniswap is a sort of decentralized exchange (DEX) running on the Ethereum blockchain that enables users to swap various tokens. Its popularity...

JP Morgan Chase & Co CEO Jamie Dimon believes that blockchain technology will have a significant role in global finance. During a recent presentation, he also seemed optimistic about cryptocurrencies if they are adequately regulated. However, Bitcoin remains “not his cup of tea” as it lacks clear legislative frameworks.Dimon’s History With BitcoinThe head of the giant American multinational investment bank has a compelling but not very favorable history with the primary...

The public blockchain project TomoChain has signed an agreement with Vietnam’s Ministry of Education and Training to provide DLT services. As a result, all certifications achieved by students in High School and Higher Education will be uploaded to the TomoChain blockchain network. TomoChain Enters The Vietnamese Market The Singapore-based blockchain company powered by a proof-of-stake voting consensus announced the new partnership in a press release shared with CryptoPotato....