WikiLeaks is one of the world’s most famous organizations. In its essence, WikiLeaks is an international non-profit organization designed to publish news leaks and classified media provided by various anonymous sources. It was founded back in 2006 by Julian Paul Assange – an Australian activist, publisher, and editor. He was arrested in 2019 in London,...Read More
The weekend is on the toes, and like most of the weekends, yet again the crypto space is preparing to come out of the bearish trap. Bitcoin price after revisiting lows below $47,000 has gained more than 5% to trade above $48,200 since the early trading hours. And hence manifesting a notable uptrend that could...Read More
Mike McGlone – Senior Commodity Strategist at Bloomberg – expects 2022 to be a successful year for both bitcoin and gold. He believes the primary cryptocurrency will hit $100,000, while the precious metal will trade at $2,000. What Will Fuel Bitcoin’s Rally in 2022? The current global financial system is passing through tough times, to...Read More
Bitcoin’s price has lost a lot of ground in the past few weeks. It’s down by $20,000 since the most recent peak of $69,000 in November. This has caused a lot of speculation in the cryptocurrency community whether the tides have turned again and if the bears have taken complete control. PlanB, though, believes this...Read More
Speaking to CNBC on Dec. 9, Ark CEO Cathie Wood said that crypto is a diminutive amount of institutional portfolios, and “institutions are moving in” on Bitcoin and its brethren. She asserted that cryptocurrencies are a new asset class with a “correlation very different compared to other asset classes,” and only real estate comes close....Read More
The NASDAQ-listed tech giant, spearheaded by Michael Saylor, continues its BTC buying spree after another substantial purchase worth more than $80 million. Michael Saylor, one of the most prominent bitcoin advocates, who is also the founder and CEO of MicroStrategy, announced the latest purchase earlier on December 9th. The company has accumulated another 1,434 coins...Read More
The CVI platform, the first decentralized Crypto Volatility Index for the digital asset market, has recently announced the addition of two new volatility tokens to its growing list of products. CVI Launches ETHVOL and CVOL In a Tuesday press release seen by CryptoPotato, the firm noted that the new volatility tokens – ETHVOL and CVOL...Read More
Heavy correction on Friday dumped hard the majority of the cryptocurrencies. Post the extended downfall until Monday, virtual currencies commenced their Tuesday run with stout retracement. Notably, Bitcoin, Ethereum, Solana, and many other tokens quickly ventured to reclaim their Friday price levels. However, Bitcoin turns choppy as probable retrace momentum ebbs, a popular analyst Micheal...Read More
The Swiss-based investment product issuer – 21Shares – listed its first two physically-backed Exchange-Traded Notes (ETNs) on Nasdaq Stockholm. The underlying assets of the financial products are respectively Bitcoin and Ethereum. First Issuer of ETNs on Nasdaq Stockholm According to a recent press release, Nasdaq released a new segment for ETNs, a type of debt...Read More
According to a study conducted by Grayscale Investments – the world’s largest digital asset manager – 26% of the American investors already own bitcoin. 55% of the HODLers entered the crypto market in the last 12 months. Every Fourth American Has BTC Despite bitcoin’s current price decline, the primary cryptocurrency has had a highly successful...Read More
The third-largest BTC whale has accumulated more than 2,700 coins in a day as the cryptocurrency spiked above $50,000. The mystery entity has bought over 5,600 BTC in the past two weeks. CryptoPotato frequently reports the behavior of this particular whale who tends to sell when the cryptocurrency’s price has gone on a tear lately...Read More
Craig Wright – the man who claims to be Satoshi Nakamoto (the inventor of Bitcoin) – has been found to not have had a business partnership with Dave Kleiman, a deceased Florida forensics expert. However, he still must pay $100 million in compensation for stealing Kleiman’s company in Florida. The Ruling The ruling for Wright’s...Read More
The blockchain provider and development platform – Syscoin announced that its Layer 1 for Ethereum Virtual Machine (EVM) smart contracts has reached mainnet on block 1,317,500. With that development, it has fulfilled Phase One of the NEVM launch. Syscoin Combines Bitcoin And Ethereum According to a press release seen by CryptoPotato, this upgrade will allow...Read More
After the recent cryptocurrency market correction, Bitcoin and Ethereum both rebounded sharply. Most cryptocurrencies only registered single-digit percent losses, with some seeing bullish momentum. At the time of writing, Bitcoin price continuously shows strong support at $48,000 as it attempts to breach the $50,000 level once again. The recent crypto market pullback erased over $600...Read More
The central bank of Indonesia is willing to issue a digital form of its national currency as a way to “fight” private digital assets. The financial institution believes a CBDC would be more “credible” than bitcoin or the altcoins. Indonesia and its CBDC Efforts Bank Indonesia (BI) – the country’s central bank – displayed its...Read More
The weekends appear to be completely bearish for the crypto space nowadays. The asset tend to shed huge gains during these times. Currently, the space witnessed yet another March 2020 or May 2021-type crash. Bitcoin price for the first time in the past couple of months slashed below $50K and currently hovering in the same...Read More
El Salvador’s pro-bitcoin president updated earlier today that the country has reacted to the recent price crash by purchasing 150 more coins at an average price of just over $48,500. It’s safe to say that El Salvador is the most bullish country on bitcoin as it legalized the primary cryptocurrency earlier this year. Since then,...Read More
Bitcoin’s closing price for November below $60,000 meant that PlanB’s floor model, which was particularly accurate until now, was finally broken. At the same time, though, the analyst confirmed that the more popular stock-to-flow model was still valid as BTC is on track towards $100,000. PlanB’s Floor Model Fails PlanB is among the most popular...Read More
On Dec. 1, the outspoken Nayib Bukele responded to a Bloomberg report detailing Federal Reserve chair Jerome Powell’s comments on inflation. Interestingly, El Salvador’s president asked the Fed chief to stop printing so much money out of thin air. Inflation a Growing Concern A fresh round of economic anguish has been ignited by last week’s...Read More
One of the world’s largest asset managers, Fidelity Investments, is set to launch a spot Bitcoin ETF in Canada and doesn’t intend to wait for the US Securities and Exchange Commission to make up its mind. Fidelity Investments currently manages around $4.2 trillion in assets, making it one of the leading asset management companies in...Read More
In a CNBC interview over the week, a major hedge fund manager predicted that “massive inflation” will lead the Fed to hike interest rates six times by 2024. Crypto traders are keeping a close watch on the macro-financial environment as they wrap up another volatile month. Federated Hermes has over $600 billion in assets under...Read More
Deutsche Borse – a German stock market operator – recently announced the listing of a Bitcoin Spot ETN on its digital stock exchange “Xetra.” The product comes from Invesco, an American investment management company that filed for a Bitcoin futures ETF in the US in August but recently dropped. Invesco’s Spot ETN Deutsche Borse revealed...Read More
The price of Twitter shares shot up by double digits as news broke that the CEO of the social media giant – Jack Dorsey – has decided to quit. CNBC reported earlier on November 29th the breaking news about Jack Dorsey’s decision to step down as the chief executive officer of Twitter. The news comes...Read More
MicroStrategy – the firm spearheaded by one of Bitcoin’s most avid and vocal proponents, Michael Saylor – revealed yet another whopping Bitcoin purchase. MicroStrategy doesn’t seem to waste any time and resources when it comes to accumulating more bitcoin. Michael Saylor, the company’s CEO, announced that they had bought another 7,002 bitcoins for around $414.4...Read More
Advertisement The cryptocurrency market has taken a hit as a result of concerns about a new Covid version that was discovered in South Africa. The price of Bitcoin is currently trading at $54,941 and has gained 1.5 percent in the last 24 hours. Although the short-term price action appears bearish, the underlying fundamental and on-chain...Read More
Nayib Bukele – President of El Salvador – recently announced that his country has purchased another 100 Bitcoin. That’s about $5.4 million worth of the primary cryptocurrency, at today’s prices. El Salvador Continues to HODL As always, the “CEO” of El Salvador (as reads his bio) casually announced the purchase in a tweet on Friday....Read More
To cater to the rising demand for digital asset funds, the Singaporean fund manager Fintonia Group has announced the launch of two institutional-grade funds tracking the performance of the world’s largest cryptocurrency. Fintonia Bitcoin Physical Fund and the Fintonia Secured Yield Fund are the two new products offered by the financial services firm regulated by...Read More
Advertisement The crypto economy has lost 8% of its worth in the last 24 hours, as a large number of crypto asset values fell sharply during overnight trading sessions. Crypto markets have lost more than $22 billion in value, with the top 20 digital currencies losing ranging from 6% to 20% of their worth. Bitcoin,...Read More
It’s been a very volatile week in the cryptocurrency market. Despite the turbulence, some altcoins managed to hold their ground and even appreciated in value, but the same can’t be said for Bitcoin. The primary cryptocurrency is down about 4% on a weekly basis, but this comes after a week of serious volatility. On Monday,...Read More
Black Friday is here again! It is one of the biggest and most anticipated periods for shoppers in the United States and many other countries around the world. The reason is simple: everyone gets to benefit from the massive discounts and deals as the US celebrates Thanksgiving and as Christmas approaches. Interestingly, the cryptocurrency industry...Read More
