According to estimates made by the CEO of Messari, Ryan Selkis, the increasing pressure in the general financial market has been identified as a barometer for a more aggressive foundation that can fuel Bitcoin’s (BTC) price growth. Using his official Twitter account, Selkis expressed his belief that Bitcoin’s price might reach a target of $100,000 … Read more
A well-known investor by the name of Simon Dixon recently referred to El Salvador’s Bitcoin policy as “very responsible” and suggested that, should it be successful, it could be the first domino to topple in the process of bringing down the “fiat-based Ponzi scheme” debt mechanism employed by the International Monetary Fund (IMF). Dixon provided … Read more
The past two weeks have been a rough ride for crypto hackers. The repercussions from the most recent hack of Solana have once again brought to people’s attention the significance of using, for example, hardware wallets. We now know that around 15,000 cryptocurrency wallets were affected and that approximately $4.6 million was stolen. Bridges have … Read more
According to Glassnode, for Bitcoin (BTC) to continue its recent price rebound, there need to be more demand and network fees invested, as several on-chain measures are still in a bearish area. The blockchain monitoring company Glassnode reported on Monday in its most recent “The Week On Chain” report that market growth over the previous … Read more
Even though market analysts have highlighted important indices that imply investors are hopeful, data from the United States Department of Commerce suggests that the United States has entered a technical recession. According to statistics that the government issued on July 28, the United States economy experienced a contraction for the second consecutive quarter, meeting the requirements for … Read more
According to the CEO of Binance, widespread cryptocurrency acceptance is driven by macroeconomic factors. As per Changpeng Zhao, Bitcoin has strong support near or at the $20,000 price level. He believes the crypto market is generally likely to see further adoption catalyzed by the macroeconomic environment. [C]hangpeng [Z]Zhao says Bitcoin seems to have huge backing … Read more
When it comes to the cryptocurrency market, speculation is nothing new. Think about the fact that despite the rise of this industry, many people continue to see these assets and the technology linked with them as a bubble that is about to burst. Amidst it, blockchain technology has shown a way to innovate in the … Read more
Jordan Belfort, a former Wall Street trader, turned novelist, is the author of The Wolf of Wall Street, which Martin Scorsese converted into a movie in 2013. Former stockbroker Jordan Belfort, whose life inspired the blockbuster film The Wolf of Wall Street, has cautioned against investing in bitcoin with a “12-month or 24-month horizon”. While … Read more