The incarcerated Silk Road founder sees long term bullish possibilities for Bitcoin in 2020, with a potential market cap of $7 quadrillion. After predicting a possible Bitcoin price drop to the $3,000s, Silk Road founder and federal inmate Ross Ulbricht sees long-term bullish possibilities for the cryptocurrency price staying well above $20,000. Posting to his […]
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Bitcoin volatility is steadily increasing as the halving approaches, and investors can gain from bull and bear price action by betting on volatility. Many investors believe a significant price swing is about to happen, as the next Bitcoin (BTC) halving is now less than 15 days away. Despite its demonstrated and incredibly long term potential, […]
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Bitcoin faces a crucial test at the weekly close, Bloomberg says BTC is setting up for a 2017-like bull run, and hodlers take action as May’s halving draws nearer. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation […]
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The ‘Binance Smart Chain’ whitepaper has attracted criticism from the crypto community, drawing predictions that the chain will be prone to centralization. Many crypto analysts have criticized the whitepaper for Binance’s forthcoming ‘Smart Chain’, which was published on April 17. Smart Chain will be Binance’s second smart contract-enabled chain after Binance Chain. It offers the […]
Continue ReadingBlockchain-based cloud network Storj has announced a program to provide free storage to organizations researching COVID-19. Decentralized storage network, Storj, has launched a program providing free storage to organizations participating in COVID-19 research. The program follows widespread contributions from the crypto community toward the distributed scientific research platform, Folding@Home. Organization researching COVID-19 qualify for 2TB […]
Continue ReadingSentencing of the lawyer who laundered $400 million for the OneCoin Ponzi scheme has again been postponed. The sentencing of Mark Scott, a licensed attorney who laundered $400 million for the infamous OneCoin Ponzi scheme, has been adjourned until July 14, 2020. On April 25, Judge Edgardo Ramos of the New York Southern District Court […]
Continue ReadingAn independent film about stablecoins momentarily topped the U.S. box office charts earlier this month. An independent film touting the virtues of the privacy coin, Monero (XMR), briefly topped the U.S. box office charts earlier this month. The film accomplished this feat with a total gross of just $3,430 amid the COVID-19 pandemic. Unabridged lecture […]
Continue ReadingOne week after Justin Sun’s hostile takeover of Steem, Huobi launched trading for the community hard fork Sun sought to suppress. The price of Hive (HIVE), a hard-fork of Steem (STEEM), has skyrocketed following its listing on Huobi. The listing comes one month after Huobi and Binance mobilized customer funds to vote against the Steem […]
Continue ReadingSeveral altcoins are likely to rally if Bitcoin can resume its up move this week. The most talked-about event last week was the West Texas Intermediate crude futures for May delivery, which plunged to negative $37.63 per barrel on April 20. That was followed by a sharp rebound, which helped crude oil recover to $17.31 […]
Continue ReadingSwitzerland’s “crypto valley” is in talks with the federal government for setting up a 100 million Swiss franc ($102.7 million) fund for helping the fintech companies. Switzerland’s “crypto valley”, a fintech friendly region near Zurich, is seeking a 100 million Swiss franc ($102.7 million) fund from the federal government. This fund is allocated to bail […]
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