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BTC price nears $60K showdown: 5 things to watch in Bitcoin this week
3.5.2021
Fresh gains come as the weekend preserves previous performance and Bitcoin heads to $59,000 on Monday
Nigeria Stopping the Rejection of Old or Torn USD Notes Underlines Why Crypto Is a Better Reserve Currency
3.5.2021
In early April 2021, the Central Bank of Nigeria (CBN) issued a circular warning Nigerian institutions to stop the practice of rejecting old or lower denomination USD notes. The CBN issued the warning after it became “inundated with complaints from members of the public on the rejection...
Will XRP Offer More ROI than Bitcoin?
3.5.2021
The recent surge in the price of Ripple bodes well – not only for its future in the market but for the entire domain of the digital coins. According to the data available on the CoinGecko, there has been an ascent of 48% in the prices of XRP. This surge has catapulted the fortunes of …
Gold Bug vs. Bitcoin Bug: A Look at the Curious Relationship Between Peter and Spencer Schiff
3.5.2021
For years now the well known economist and gold bug Peter Schiff has continuously spoken out against bitcoin, as he claims precious metals are far superior. A great number of people have rebutted Schiff’s statements about bitcoin but during the last year, the gold bug has had a different...
Phuture Raises $1.5m in Seed Funding to Launch Indexing Protocol on Ethereum
3.5.2021
PRESS RELEASE. Phuture, a decentralised protocol built for the creation and investment of passive index strategies in a Web3 environment, today announced that it has completed its private seed round fundraise. The round, led by Ascensive Assets, raised a total of $1.5 million. Once live, Phuture...
Ethereum’s New ATH, Bitcoin and Altcoins Target Additional Gains
3.5.2021
Bitcoin price gained bullish momentum above the USD 56,500 and USD 57,000 resistance levels. BTC is currently (04:25 UTC) consolidating near USD 58,000 and it could extend gains. A break above USD 60,000 could possibly start a stronger rally in the near term.
Besides, most major altcoins...
Bitcoin Miners Start Signaling for Taproot Activation, People Prep for BTC’s Largest Update in 4 Years
3.5.2021
Bitcoin miners have started to signal for Taproot activation and crypto supporters are looking forward to the largest bitcoin update in almost four years. The mining operation Slush Pool mined the first block signaling for Taproot and since then the pools Foundry and F2pool have joined in...
Bill Maher Mocks Bitcoin, Citing Warren Buffett, Bill Gates, Nassim Taleb
3.5.2021
American comedian and television host Bill Maher mocked bitcoin and other cryptocurrencies, including dogecoin, on his show Friday. He quoted several bitcoin critics: Berkshire Hathaway CEO Warren Buffett, Microsoft founder Bill Gates, and “The Black Swan” author Nassim Taleb. Bill...
Bitcoin Is Number One Pick — Asset Manager Confident BTC Will Take Him ‘to the Top’ in Stock Draft Competition
3.5.2021
At CNBC’s Stock Draft, an annual stock-picking competition, bitcoin was the number one pick. Tim Seymour, the founder of Seymour Asset Management, believes that the government will come out with regulations that support bitcoin. He is confident that the cryptocurrency will take him “to...
Bank of England and UK Parliament get 'Bitcoin fixes this' treatment
2.5.2021
The BoE has recently taken greater steps towards the rollout of a central bank digital currency
Berkshire Hathaway’s Charlie Munger Finds Bitcoin ‘Disgusting and Contrary to the Interest of Civilization’
2.5.2021
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says he hates bitcoin’s success. “I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth,” Munger said. Buffett, on the other hand, dodged...
Bitcoin is a 'disgusting' product that comes 'out of thin air,' says Charlie Munger
2.5.2021
"I hate the Bitcoin success, and I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth," said the billionaire
Top 5 cryptocurrencies to watch this week: BTC, SOL, HT, ETC, AAVE
2.5.2021
SOL, HT, ETC and AAVE are pushing toward new highs while Bitcoin trades within a tightening range
No. 1 NFL Draft Pick Trevor Lawrence Puts His Signing Bonus in Cryptocurrencies, Estimated Worth $24 Million
2.5.2021
No. 1 NFL Draft Pick Trevor Lawrence has reportedly converted his entire signing bonus to cryptocurrencies via crypto firm Blockfolio. Lawrence is the top overall pick in the 2021 National Football League. His signing bonus is estimated to be around $24 million. NFL Draft Pick Trevor Lawrence...
2021’s Largest Epoch Drop: Bitcoin Network’s Mining Difficulty Dips Over 12%, Hashrate Nears 200 Exahash
2.5.2021
Bitcoin’s mining difficulty has seen a massive drop this week, as the metric slid 12.6% and was the largest difficulty drop in 2021. The mining difficulty decline follows the recent electrical outages in China which had affected the network’s hashrate to some degree. Following...
A South African NFT Marketplace Officially Launches After Trial Phase Nets Over $10,000 for Rugby Star Bryan Habana
2.5.2021
A South African non-fungible token (NFT) marketplace, Momint has officially launched following the end of the two-week trial phase which saw the artwork of former rugby player Bryan Habana fetch over $10,000. More than 800 people from 25 countries took part in the auction. The Momint marketplace...
From Tulips and Scrips to Bitcoin and Meme Stocks – Speculating & Mania
2.5.2021
A satire of the Dutch tulip ‘mania,’ which didn’t get that label until many years later. Gayle Rogers, Professor and Chair of English, University of Pittsburgh.
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In the late 1990s, America experienced a dot-com mania. In the 2000s, the housing market went wild.
Today, there are manias...
Turkey Updates Cryptocurrency Regulation Amid Payments Ban and Collapsing Exchanges
2.5.2021
The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rule adds crypto trading platforms to the list of entities covered...
Dogecoin Nears All-Time Highs, Price Launches Higher After Elon Musk’s ‘Dogefather’ SNL Tweet
2.5.2021
The infamous meme-crypto dogecoin has seen double-digit gains in recent days after Tesla’s Elon Musk tweeted about his upcoming Saturday Night Live appearance on May 8. On Wednesday, Musk tweeted “The Dogefather SNL May 8,” and a great number of people assume dogecoin will...
UBS Chief Economist Says ‘Bitcoin Is Denied to Minority Groups Who Have Reduced Online Access’
2.5.2021
A chief economist at UBS, the largest bank in Switzerland, sees a number of problems with bitcoin. In attempting to answer the question of whether the cryptocurrency defies the zeitgeist, he claims that “bitcoin is denied to those minority groups who have reduced online access.”...