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Chamath Palihapitiya sells 15% of his stake in SOFI
19.11.2021
Bitcoin billionaire Palihapitiya will use earnings from the sale to fund other “future-shaping technologies” for his venture firm
Half of Uniswap’s Liquidity Providers See Negative Returns, Study Claims
18.11.2021
Half of all users who provide liquidity on the third version of the decentralized exchange Uniswap are seeing lower returns than they would have if they simply held tokens in their own wallet, a new study claims....
Read More: Half of Uniswap’s Liquidity Providers See Negative Returns, Study Claims
Bitcoin holders who bought at $20K refuse to sell BTC at all-time highs — latest data
18.11.2021
It may be a tempting sell at 3x gains but last November's buyers remain determined to "hodl."
With Over USD 40M Raised, DAO is On the Cusp of Buying a Copy of US Constitution
18.11.2021
ConstitutionDAO, a decentralized autonomous organization (DAO) that was formed to pool funds in an effort to bid on a rare, first-edition printed copy of the US Constitution, has raised over USD 40m - two times more than the auction house Sotheby’s upper estimate....
Read More: With Over USD...
Liquidity Premium a Driver of NFT Prices and Value
17.11.2021
A “liquidity premium” is driving up non-fungible token (NFT) prices – as these tokens “can meet more demand” than physical goods in the “real world,” according to Alex Svanevik, the CEO of the blockchain analytics platform Nansen.
Today, he was speaking at a CoinGecko-run conference named “NFTs...
Are Bitcoin, Ethereum’s 420, 69 Moments 'Nonsense'? – Not Quite, Expert Says
15.11.2021
Trading tokens can be nerve-wracking stuff, but sometimes numeric landmarks can provide moments of levity – particularly for the mathematically minded....
Read More: Are Bitcoin, Ethereum’s 420, 69 Moments 'Nonsense'? – Not Quite, Expert Says
A 'DAO' Has Raised Over USD 2.7M to Acquire a Rare Print of US Constitution
15.11.2021
A new decentralized autonomous organization (DAO) has been organized to raise funds in an effort to bid on a first-edition printed copy of the US Constitution which will be up for auction at major auction house Sotheby’s on November 18.
ConstitutionDAO aims to pool money using an Ethereum (ETH)...
Shark Tank’s Kevin O’Leary Advises How to Get Into Bitcoin — Crypto Now 10% of His Portfolio
15.11.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has some advice on how to get into bitcoin or other cryptocurrencies. “It’s a wonderful universe. It’s a fantastic asset. It’s a must-own if you’re an investor,” O’Leary said. He also revealed...
Crypto Adoption in 2022: What to Expect?
14.11.2021
The crypto market is having a strong end to 2021, with various cryptoassets -- including bitcoin (BTC) -- hitting new all-time highs. The question is: will we continue seeing increasing adoption of cryptocurrencies among investors, institutions, and even governments next year?...
Read More: Crypto...
Crypto trading face-off: Shiba Inu (78 million percent in a year) vs Koinos (535% in a month)
13.11.2021
Crypto investors pick coins for many reasons. How does investing in a low market cap and real tech stack up against a massive community and questionable use-cases?
The Growing Defi Market on Bitcoin: What’s Yielding Already?
13.11.2021
The burgeoning decentralized finance (DeFi) market is evolving beyond Ethereum (ETH) and onto other chains. What may be surprising to hear for some: Bitcoin (BTC) is one of them.
Read on the learn more about the growing Bitcoin DeFi ecosystem and what kind of yields you can expect to earn on your...
16% of Surveyed Americans are Crypto Investors, Traders, Users - Think Tank
12.11.2021
Cryptocurrencies are rapidly gaining popularity among US adults, with 16% of respondents admitting they have invested, traded or used cryptocurrencies, according to a recent survey by nonpartisan think tank Pew Research Center.
In 2015, responding to an earlier survey by the center that...
Botswana Does Not Have Regulatory Framework for Crypto — Central Bank
12.11.2021
The Bank of Botswana (BOB) has said the country does not have a specific legal or regulatory framework pertaining to crypto assets. The bank does, however, warn residents investing in cryptocurrencies that they will have no legal recourse should they suffer financial losses. Central Bank Responding...
Most Cryptos Correlated with Stocks, Not with Gold - Analysts
11.11.2021
Bitcoin (BTC) had no positive correlation with the traditional inflation hedge gold during the past 60 days, and has instead developed a weak positive correlation with the US stock market, a new report from the crypto-focused financial services firm BitOoda has found.
The correlation between...
How to spot a rug pull in DeFi, 6 tips by Cointelegraph
11.11.2021
Cointelegraph shares six tips on how to safely invest in Defi projects in our latest in-depth video
JPMorgan Doubles Down on Bitcoin Price Prediction of $146K
8.11.2021
Global investment bank JPMorgan has doubled down on its bitcoin price prediction of $146K. The bank’s analyst explained that the price of the cryptocurrency could reach that level if its volatility subsides and institutional investors start investing in bitcoin more than gold in their...
Billionaire Stan Druckenmiller Warns Crypto, Meme Stocks, Bonds Are in a Bubble: ‘This Bubble Is in Everything’
8.11.2021
Billionaire investor Stan Druckenmiller has warned that everything is in a bubble, mentioning cryptocurrency, meme stocks, equities, and bonds in particular. “This bubble is in everything, every asset on the planet,” Druckenmiller stressed. Druckenmiller’s Warning: Every Asset...
Mythical Games Raises $150 Million in Series C Funding Round Led by A16z
6.11.2021
Mythical Games, a blockchain-based gaming company, has raised $150 million in its series C funding round. The round was led by A16z, who is aggressively investing in these kinds of crypto initiatives. It also had the participation of other companies like D1 Capital, Redbird Capital, The Raine...
Survey finds lower paid workers are quitting jobs thanks to crypto profits
4.11.2021
Almost two thirds of respondents who quit their jobs after making life-changing gains from crypto had a total income of less than $50,000
‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary
2.11.2021
A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable...