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“# Ethereum will become the main asset for investors in 2021 ” During the second half of 2020, we saw a growing interest in cryptocurrencies from institutional investors and big capital. However, all the attention of the whales, as well as all the attention of the public, was fixed on Bitcoin (BTC). Today, we will…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, DOT, AAVE, SNX ” As Bitcoin price trade sideways, traders are keeping an eye out for new purchases from institutional investors in order to gauge whether BTC’s correction is over. MicroStrategy’s recent purchase of 314 Bitcoin at an average price of $31,808 is a mild sentiment…
“# Anthony Scaramucci says holding Bitcoin as safe as owning bonds and gold ” Anthony Scaramucci, the head of SkyBridge Capital and former White House communications director, believes Bitcoin’s (BTC) value proposition has strengthened significantly now that governments have addressed many of the risks associated with the digital asset. In an opinion article published on…
“# Hat-trick hero: Empty stadiums get blockchain and soccer to play together ” In a first for professional soccer, Spanish team DUX Internacional de Madrid has used crypto to buy a new player. Ex-Real Madrid player David Barral is a new acquisition for the club facilitated by the cryptocurrency trading company Criptan. Although technically this…
“# The impact of Bitcoin hacking incidents in the crypto market ” In the 2013–2017 period, 29 hacks occurred in the Bitcoin market where a total of 1.1 million Bitcoin were stolen. Noting that the average price for Bitcoin (BTC) in December 2020 exceeded $20,000, the corresponding monetary equivalent of losses is more than $22…
“# Why one Bitcoin on-chain analyst is short-term bearish on BTC price, for now ” Ki Young Ju, the CEO at CryptoQuant and an on-chain analyst, says Bitcoin (BTC) is neutral to short-term bearish for the time being. There are two major indicators that have been useful in spotting trend reversals in the ongoing bull…
“# Retail traders, not hotshots like MicroStrategy, made Bitcoin in 2020 ” The twists and turns of 2020 made it arguably the best year on record to be a trader, especially if you were involved in cryptocurrencies. May’s third Bitcoin halving, coupled with the euphoric market volatility that swept global markets, made 2020 a year…
“# Is Bitcoin a waste of energy? Pros and cons about Bitcoin mining ” Bitcoin arouses passion, curiosity and has received more and more media attention, especially after having climbed the ranks of the best financial asset of the decade. However, whenever its price goes up, many doubts and questions arise, mainly around its origin…
“# Aave and Chainlink hit new highs as Bitcoin price fights to hold $32K ” Bitcoin (BTC) price opened the weekend trapped within the $33,500 to $32,000 range but at the time of writing the digital asset is struggling to hold above $32,000. A few analysts have warned that the recent price loss of momentum…
“# Amid blackouts and police raids, Iran weighs benefits of Bitcoin mining ” As blackouts and police raids roil the upstart Iranian Bitcoin mining industry, a match between a permissionless currency and a country throttled by inflation that once seemed like a perfect fit is now being called into question. As Cointelegraph has previously reported,…