Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, says “Bitcoin will always be the gold,” outperforming other cryptocurrencies, such as ethereum, in the long run. He said “there are interests being brought out of all kinds of institutions” for bitcoin. Kevin O’Leary Bullish on Bitcoin Kevin O’Leary shared […]
Bitcoin and the whole crypto market turned green at the close of April. The run-up to this month’s $4.2 billion options expiry was uneventful, with no signs of dissent. After a brief fall below the $53,000 support level on April 29, Bitcoin rallied 10% by midday to reclaim its previous high […]
Building on its previous crypto involvement, VC firm Andreessen Horowitz is now reportedly gathering thunder for another fund, according to an article from the Financial Times, or FT. “The new fund, Andreessen’s third that is focused on cryptocurrency investments, is aiming to raise between $800m and $1bn from investors, according […]
Turkey has now jailed six suspects connected to the cryptocurrency exchange Thodex, which has been accused of an exit scam. Turkish authorities and Interpol have widened their search for the exchange’s CEO, who fled the country before shutting down his trading platform, preventing customers from withdrawing their funds. Search Widens […]
Although the crypto space has been around for more than a decade, William Stromberg, CEO of mainstream investment management outfit T. Rowe Price, thinks the asset class is still finding its sea legs. “It’s early days,” Stromberg told the Baltimore Business Journal in an interview when asked if “T. Rowe […]
In less than three days, the renowned photographer Jesse Frohman will be holding an auction featuring a non-fungible token (NFT) collection of his last photoshoot with the now-deceased Nirvana frontman Kurt Cobain. On May 3, at 12 p.m. (ET) Frohman’s iconic photos that were transferred into NFTs will be auctioned […]
Cryptocurrency exchange platform Hotbit has shut down all of its services after an attempted cyberattack on Thursday. “Hotbit just suffered a serious cyber-attack starting around 08:00 PM UTC, April 29, 2021, which led to the paralyzation of a number of some basic services,” a notice on the platform’s website reads. […]
While it may still be the primary network hub for defi activities, smart contracts, and NFTs, bridges built using competing networks like Tezos could pose a serious challenge to Ethereum’s market share in these areas. New Solutions to Old Problems Could Undermine Network’s Potency In the time since the network’s […]
United States cryptocurrency giant Coinbase is acquiring institutional-grade blockchain data analytics platform Skew. Greg Tusar, vice president of institutional products at Coinbase, announced the news Friday, stating that the new acquisition will help customers make more informed trading decisions by using real-time data analytics. “We’re excited to integrate skew’s data […]
Bitcoin and other cryptographic forms of money endured heavy misfortunes last week on the worry that US President Joe Biden’s arrangement to raise capital increases assessments will check interest in advanced resources. The selloff came after reports that the Biden organization is arranging a pile of proposed changes to the […]
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