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Dogecoin Rival Shiba Inu Spikes in Value While DOGE Prices Flounder, SHIB Jumps 21% in 24 Hours
16.9.2021
While the dogecoin’s token price has floundered during the last seven days, the meme-coin’s rival shiba inu (SHIB) has moved up the ranks in terms of weekly gains. Dogecoin has shed 5.8% during the last week, but shiba inu has spiked 21.3% during the course of the week and 21.1%...
Ark Invest’s Cathie Wood Doubles Down on $500K Bitcoin Prediction, Discusses Crypto Regulation
15.9.2021
Ark Investment Management CEO Cathie Wood expects the price of bitcoin to be more than $500,000 in five years’ time, which is over 10 times what it is today. She also shared her view on cryptocurrency regulation and Coinbase’s trouble with the U.S. Securities and Exchange Commission...
Dogecoin’s Four-Legged Fall — DOGE Slides to 9th Market Cap Position Dropping 18% Last Month
14.9.2021
The infamous dogecoin was one of the first meme-based digital currencies and it’s safe to say that the coin inspired a myriad of meme-focused or joke tokens meant to be used for fun. However, while dogecoin has had a phenomenal 2021 rising 8,515% in 12 months, during the last month dogecoin...
Shark Tank Star Kevin O’Leary Expects a ‘Trillion Dollars’ Flowing Into Bitcoin
14.9.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, expects a “trillion dollars” more to flow into bitcoin in the next couple of years. He also sees cryptocurrencies becoming an institutional asset class. “We don’t know when but it is definitely going to come....
Elon Musk’s New Puppy Tweet Sends Shiba Floki Token Soaring, FLOKI Jumps More Than 900% in 24 Hours
13.9.2021
The CEO of Tesla, Elon Musk shared a picture of a Shiba Inu pup and said “Floki has arrived” to his 59.8 million Twitter followers. Of course, the tweet affected the price of a few specific meme-based crypto assets that leverage the “Floki” name. Shiba Floki Token Soars...
Walmart and Litecoin Payment News Debunked by Walmart Spokesperson, LTC Prices Shudder from Fake News
13.9.2021
On Monday, September 13, a press release was published by globenewswire.com and said it was connected to “Walmart Inc,” the American multinational retail corporation. Several mainstream media outlets published stories about it including Reuters, Bloomberg, and CNBC. Not too long after...
Today’s Cryptocurrency Data Aggregators Offer a Plethora of Onchain and Market Insights
13.9.2021
In the early days, there were only a few web portals with cryptocurrency statistics and data tied to these ever-changing digital asset markets and blockchain metrics. More than ten years later, however, data and analytics tethered to the world’s most popular and most used digital currencies...
Bitcoin Could ‘Go up Significantly,’ Says CIO of World’s Largest Asset Manager Blackrock
12.9.2021
The chief investment officer of the world’s largest asset manager, Blackrock, says he could see bitcoin going up significantly. “I like assets that are volatile that have upside convexity,” he said. Blackrock CIO Sees Significant Upside to Bitcoin Rick Rieder...
US SEC Issues Warning on Crypto Investment Scams Citing ‘Some Investors May Have FOMO’
12.9.2021
The U.S. Securities and Exchange Commission (SEC) has issued a warning about fraudulent investment schemes involving cryptocurrencies. The regulator notes that some investors may have fear of missing out (FOMO) given the rise in prices of some crypto assets in recent years. SEC Warns Investors...
NFT sales and floor prices plummet as demand wanes and gas prices soar
9.9.2021
This week’s market-wide correction lead to a sharp decline in NFT sales as decreased demand for digital collectibles led to a drop in the floor price of most major projects
Bill Miller’s Hedge Fund Sees Bitcoin Having ‘Significant Upside Potential’ as Digital Gold
9.9.2021
In a report filed with the U.S. Securities and Exchange Commission (SEC), the fund managers for the Miller Opportunity Trust, Bill Miller’s hedge fund, state that “bitcoin has significant upside potential as a form of digital gold.” The report details that despite...
Bitcoin Fundamentals Remain Strong Despite Flash Crash - Analysts
8.9.2021
most altcoins were still down markedly over the past 24 hours, despite dip buyers coming to the rescue to bid up the prices of many coins from their lows yesterday. For now, the price of bitcoin remains down by 10% for the past day, trading at around USD 46,129, while ETH is also down by 10% to a pr
Demand for Crypto Mining Rigs in Vietnam Rises With Bitcoin Prices, Report Reveals
7.9.2021
Higher cryptocurrency prices recently have restored interest in digital coin minting in Vietnam. Crypto mining is once again seen as an investment opportunity with other options being limited by the ongoing coronavirus pandemic that has been affecting the Asian country. Vietnam’s Sales...
Bitcoin Price Dive-Bombs on the Same Day El Salvador Adopts the Crypto Asset
7.9.2021
After touching a high of $52,956 on Monday evening, the very next day the price of bitcoin slid to a low of $42,900 at around 11 a.m. (EST). Bitcoin is currently trading for prices between $46K-$47K per unit and down 8% during the last 24 hours. Bitcoin Price Slides Significantly After Nearing $53K...
Bitcoin Quickly Jumps Above the $52K Zone Only to Get Pushed Back, Crypto Economy Climbs 3.5%
6.9.2021
Bitcoin surpassed the $52K handle on Monday morning, as crypto-asset markets have been moving northbound and gathering more fiat value. The overall crypto economy is around $2.45 trillion and it has gained 3.5% during the last 24 hours. Meanwhile, bitcoin charts show a pending golden crossover...
Analyst Predicts Crypto Bull Market: $100K Bitcoin, $5K Ethereum Is Path of Least Resistance
6.9.2021
Bloomberg Intelligence senior commodity strategist Mike McGlone has affirmed his bitcoin price prediction of $100K, seeing $5K for ethereum as the path of least resistance. He expects the crypto market to thrive in a “refreshed bull market.” Cryptocurrencies Poised to Thrive, Bull...
Can Bitcoin Break Historical September Price Trends? Spike Above $51K Suggests 2021’s 9th Month Is Different
6.9.2021
The price of bitcoin has risen above the $51K zone on Sunday and traders and speculators are curious as to where the price is headed next. Historically, in September, bitcoin prices don’t fare so well and usually get better in October. For this reason, skeptics are not sure...
Bitcoin Market Dominance Dips Down to 40% While Ethereum and Other Crypto Market Caps Swell
5.9.2021
While bitcoin prices have risen in value during the last two weeks, bitcoin dominance levels have slipped to lows not seen since the June 6 low of 41%, and the dip to 39.97% on May 16, 2021. Depending on the crypto market price aggregator leveraged, bitcoin’s dominance has been between...
JPMorgan Says Cryptocurrency Markets Are ‘Looking Frothy’
4.9.2021
Global investment bank JPMorgan says cryptocurrency markets are “looking frothy” as retail investors spill over from the stock market into cryptocurrencies and non-fungible tokens (NFTs). Crypto Markets Look Frothy, According to JPMorgan JPMorgan published a note Wednesday on...
Hashrate Follows Price: Bitcoin Hashrate Jumps 92% in 2 Months, Difficulty Expected to Increase in 4 Days
3.9.2021
Bitcoin prices have improved a great deal in recent times and the network’s hashrate remains higher than it was 67 days ago when it tapped a low of 69 exahash on June 28. Today, statistics show Bitcoin’s hashrate has increased more than 92% since then and the network is due...