With less than three days left until the halving, Bitcoin is currently outperforming every mainstream asset class for 2020 so far. Data published by market research firm Fundstrat shows that Bitcoin (BTC) is the top-performing asset class of 2020 so far. The data, posted to Twitter by Fundstrat’s Thomas Lee, shows Bitcoin to have outperformed […]
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Sentiment seems to be leaning to a big upside for Bitcoin following the looming block reward halving. Hype is steadily building across the wider cryptocurrency community as the looming Bitcoin mining reward halving draws closer. As the world grapples with the heavy economic downturn spurred on by the ongoing global coronavirus pandemic, the value of […]
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The most profitable trader on Bitfinex disappeared after the Bitcoin price hit $10K in a stunning 150% rally since the Black Thursday crash. The biggest whale on Bitfinex known to the Bitcoin (BTC) community as Joe007 vanished, as the price of the top-ranked cryptocurrency by market capitalization hit $10,000. Joe007 left with a farewell letter […]
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A move to $40,000 and even higher is now easier than ever, argues the investment CEO who last month warned that “boomers are f*cked.” The chances that Bitcoin (BTC) will hit $40,000 and even $1 million have “risen dramatically” after the top cryptocurrency hit $10,000. That was the conclusion from Global Macro Investor CEO, Raoul […]
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Eddie Alvarez has been convinced to buy into Bitcoin by fellow former MMA champion Ben Askren, saying that he “can’t sit on the sidelines any longer.” American mixed martial artist and former UFC lightweight champion, Eddie Alvarez, has bought one Bitcoin (BTC). In a tweet, May 7, he claimed he “can’t sit on the sidelines […]
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The Massive Adoption Crypto Festival is the target of a class-action lawsuit demanding compensation for damages following its cancellation in January. Securities fraud and investment loss attorney David Silver has filed a class-action lawsuit on behalf of attendees against the organizer of the cancelled Massive Adoption crypto conference. According to the initial complaint filed on […]
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Serial entrepreneur Jenny Ta has launched a crypto-powered social media network and marketplace platform that promises it won’t sell users’ data. CoinLinked, a social media network and marketplace platform founded by Wall Street veteran Jenny Q. Ta, launched on May 7. The platform will feature a utility token that rewards users for activity on the […]
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Ethereum-based sports tokenization venture Chiliz is partnering with the UFC to release digital fan tokens through the Socios.com platform. UFC fighters worldwide will soon see fans holding their likenesses on digital tokens thanks to a new partnership with Ethereum-based sports tokenization platform Chiliz. According to a May 7 announcement from Chiliz (CHZ), the platform plans […]
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Open interest has surged to a $400 million high this month, while institutional traders are increasing their exposure, not trading Bitcoin. Bitcoin (BTC) institutional investors are banking on a bull run as the latest data shows new records for the top cryptocurrency’s futures markets. As noted by institution-focused crypto analysis company Arcane Research on May […]
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Ethereum-based tokenized real estate platform hits ATH after turning to crypto following a permanent ban by PayPal. U.S. tokenized real estate platform RealT hit record highs in sales and new users after it turned to crypto-only transactions, following a ban by payments platform Paypal in April. The Ethereum-based startup tokenizes and sells U.S. property, allowing […]
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