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Former White House Director of Communications Anthony Scaramucci says the GameStop rally shows why Bitcoin, as a concept, will succeed. Bitcoin’s bright future The GameStop rally has come to symbolize individual power exceeding the might of Wall Street. Scaramucci, who co-founded alternative investment firm SkyBridge Capital, spoke about the decentralized crowd’s power in moving the […]

A crypto manager said that the much-awaited Bitcoin ETF in the US would likely be delayed until the milestone is reached. Sorry, no Bitcoin ETF Bitcoin and cryptocurrency exchange-traded funds (ETFs) have been on the wishlist of crypto market participants for years now, especially among the retail and professional managers in the US. Such products […]

Whilst investigating potential investments, I look at the team, its background, and skill set. I then determine whether all of that seems complimentary or not. In instances where that’s not easily visible and accessible, I look at the project’s stakeholders. As with anything else in life, if enough people support you–in your mission, vision, and […]

If you’ve been following the news at all over the past week, you know of the story of GameStop. The GameStop stock, which trades under the ticker GME, has undergone an extreme rally of over 1,000 percent in the past two weeks, which is somewhat of an unforeseen event in financial markets. The long and […]

Bitcoin’s price slipped under $30,000 a few hours ago as selling pressure began to pick up across top exchanges. This came after BTC attempted to push past the $33,000-34,000 resistance region on Monday. The cryptocurrency has since bounced after slipping under $30,000, bottoming in the $29,500 range that Bitcoin bottomed over seven days ago. Bitcoin’s […]

The star money manager made a big Bitcoin bet back when the project was in its nascency. And he now wants to make the US a better place. Pushing for education and zero state tax Social Capital founder Chamath Palihapitiya wants to run for the position of Californian Governor, he said in a tweet on […]

The cryptocurrency market saw over $450 million worth of futures contract positions liquidated in the last 24 hours. In the same period, Bitcoin pulled back by more than 7%, showing weakening momentum. On Binance, the price of Bitcoin dropped to as low as $29,500, retesting a critical support level. What’s next after mass liquidation? The […]

Florida resident Tyler Toomey has filed a class-action lawsuit against Ripple Labs, the blockchain-focused firm behind XRP cryptocurrency, alleging that the company violated the state’s securities laws by selling its tokens. This comes on the heels of the Securities and Exchange Commission (SEC) filing a $1.3 billion lawsuit against Ripple with similar allegations. “This is […]

Cryptocurrency will be a major piece of technology in the so-called ‘Fourth Industrial Revolution’, also called ‘The Great Reset.’ The World Economic Forum (WEF) foresees it benefiting supply chains. But, we’ve also seen early implications for the Internet of Things and Smart Cities. During the first Industrial Revolution in the 1750s, people went from manufacturing […]

Binance CEO Changpeng Zhao (CZ) predicts this current crypto bull cycle may run up until 2024. Speaking to Ran Neuner, the co-founder of On-Chain Capital, Zhao shared his predictions for the future, including a call that several bull years lay ahead. CZ said: “We’re just seeing the flat part of the wave. The big wave […]