Bitcoin price predictions abound through bull and bear markets. In recent times, there have been numerous optimistic price outlooks for the digital asset, with some putting it as high as $200,000 by year-end. The growth of the cryptocurrency through recent years, which has been compared to that of the internet, but on an accelerated timeline,
Stifel’s Chief Equity Strategist and Managing Director Barry Bannister believe that by 2023 bitcoin could lead to a plunge in price to $10,000. When discussing bitcoin’s price with Business Insider, Bannister said that a tightening of Federal Reserve policy and reducing the balance sheet would negatively impact bitcoin’s value. Related Reading | Bitcoin Sets Stage …
Stifel says Three Macro Factors Could Drop Bitcoin Price To $10,000 Read More »
David Heinemeier Hansson has backtracked on his decision to not support crypto. The Danish programmer who is famous for creating the Ruby on Rails programming language had been a staunch opponent of the crypto mission in the past. For Hansson, the ideologies behind the creation of cryptocurrencies did not seem to make sense in the …
Ruby on Rails Creator Backtracks As He Expresses Support For Crypto Read More »
Last week the California-based technology company Intel explained its intentions to develop crypto mining semiconductors that would showcase “1000x better performance per watt.” Now Intel has revealed more details about the “Bonanza Mine” (BMZ1) blockchain accelerator chip at this year’s International Solid-State Circuits Conference (ISSCC). Intel’s Bonanza Mine Crypto Chip Products Introduced at ISSCC Information
PRESS RELEASE. Celebrity NFTs have proven to be an important collectible class that continues to rise in popularity, including traditional auction sites. Beetlejuice, the pop-culture icon with millions of Howard Stern Show fans and social media followers, is now conquering the NFT world. His NFT continues to receive more views on Goldin‘s February Elite Auction
Per a report from The Times of India, an alleged crypto racket organization has been busted in the city of Nagpur. The report claims the organization drained off over Rs40 crore or $5.36 million using a shell company called “Ether Trade Asia”. Related Reading | RBI Governor Calls Crypto A Threat To India’s Macroeconomic Financial
With the recent changes in financial surveillance laws, Canada could make its crypto taxation system permanent. This would affect many cryptocurrency platforms and session owners who are seeking more control over their wealth by owning bitcoin instead of other currencies like USD or EURO. Related Readings| Canada Emergencies Act Declares War Against Crypto And Freedom
OpenSea, a New York-based NFT marketplace that claimed it got hacked over the weekend, publicizes the new number of individuals affected in a so-called “phishing attack.” The company’s tweet specifies 17 individuals fallen to the victim instead of its prior estimate of 32. But the company still has not identified the primary source cause to
A quant breaks down how the Bitcoin NUPL indicator may be able to predict the beginning of a new bull run based on past pattern. How The Bitcoin NUPL Metric May Predict The Start Of Bull Run As explained by an analyst in a CryptoQuant post, the various phases of the NUPL indicator may shed …
Quant Explains How Bitcoin NUPL Can Help Predict Bull Cycles Read More »
Vitalik Buterin says crypto winters help developers focus on projects and not the speculation…
The post Vitalik Buterin: Crypto would “welcome” another winter appeared first on Coin Journal.
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