Cryptocurrency is expanding into the everyday lexicon, and growing interest is expanding the pool of people interested in investing. It is estimated that slightly less than 10 percent of Americans own cryptocurrency. Individuals who do not own any typically give a variety of reasons why they don’t, including the fact that they don’t see a […]
Berkshire Hathaway CEO and Chairman Warren Buffett on Monday reaffirmed his aversion to cryptocurrencies.“Cryptocurrencies basically have no value and they don’t produce anything,” he told CNBC’s Becky Quick in a “Squawk Box” interview. “In terms of value: zero.”“I don’t have any cryptocurrency and I never will,” added Buffett, who was interviewed two days after he […]
The U.S. may soon get its first dedicated bank for digital assets.A Wyoming corporation founded by blockchain legislative champion and Wall Street veteran Caitlin Long is preparing to apply for a special purpose depository institution (SPDI) charter with the state’s division of banking. The future bank is called Avanti, which means “forward” in Italian, and […]
According to stats on coinmarketcap, Siacoin has surged by up to 20 percent. The coin alongside other major altcoins like Ethereum, BitcoinSV and Bitcoin cash is seen surging up brilliantly with BitcoinSV leading the pack.Skynet Launch Triggers A Pump In PriceSiacoin (SC) maintains a position among the top 100 cryptocurrencies listed on CoinMarketCap (CMC). At […]
The major cryptocurrencies got hit hard today, as the overbought correction that started on Saturday quickly escalated in the weekend environment. The most overbought altcoins, such as ETH and XRP fell the most, wiping out almost all of the latest leg higher. While today’s selloff was scary, it didn’t change the underlying bullish trend, and […]
Recently, there was a downside extension below the USD 9,650 support, but bitcoin found support near USD 9,550 and USD 9,500. As a result, it started a short term recovery above USD 9,700 and it is currently (09:00 UTC) consolidating below the USD 9,850 resistance area. On the other hand, many major altcoins started a strong […]
Coinbase’s merchant payments arm has added support for the dai stablecoin, bringing together online retail and decentralized finance (DeFi).MakerDAO announced Thursday Coinbase Commerce had integrated dai as a payment method, opening the cryptocurrency up to affiliated online merchants and online commerce platforms like Shopify and WooCommerce.The integration will introduce “merchants to a growing segment of […]
Bitcoin has done nothing much over the past 48 hours but most altcoins have been making big moves. This is particularly true of coins like Ripple and Ethereum both of which have made big gains against Bitcoin recently. However, something is not right. Yesterday when we were talking about how XRP/USD was rallying while the […]
Though the Democratic presidential race in the United States may have lost its most forward-thinking candidate when it comes to cryptocurrency, that doesn’t mean it’s not still a hot button issue across party lines. The number of patents and companies associated with cryptocurrencies and blockchains continues to rise in the US market, making it both […]
The recent Bitcoin-induced bull market has led many smaller altcoins to begin surging, making the current market condition look strikingly similar to that seen in 2017 when BTC’s rally allowed other cryptocurrencies to incur parabolic uptrends. One example of a relatively small crypto that has seen insane gains over the past couple of days is Hedera […]
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