Day: February 14, 2021

Blockchain firm aims to build crypto city in Nevada desert

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Blockchain incubator and investment firm Blockchains LLC is stepping up its plans to build a smart city in the Nevada desert east of Reno. In an interview with the Associated Press released Saturday, Blockchains CEO Jeffrey Berns said he had asked the state of Nevada to let him form a local government on the 67,000 acres the firm owns in Storey County. If his petition is successful, the blockchain firm would be allowed to operate as an “innovation zone,” where a company would be able to impose taxes and create…

HUGE NEWS for Cardano ADA + Bitcoin BTC | Bullish Crypto Analysis

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Prominent Mining Execs Jiang Zhuoer and Jihan Wu Bolster Bitcoin Cash – Bitcoin News

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In recent days, bitcoin cash has seen significant gains, and supporters of the digital currency have been positive about specific developments, like the internet entrepreneur Kim Dotcom’s current support. On February 11, the Chinese New Year, the prominent bitcoin mining executives, Jiang Zhuoer and Jihan Wu joined a Satoshi’s Angels discussion channel and spoke favorably about the peer-to-peer crypto-asset bitcoin cash. The well known mining executives, Bitmain cofounder Jihan Wu and Btc.top founder Jiang Zhuoer seem very bullish about bitcoin cash (BCH), according to a couple of members from the…

Here’s why altcoins are dropping as Bitcoin price inches closer to $50,000

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Altcoins plunged steeply on Feb. 14 after the price of Bitcoin (BTC) achieved a new all-time high above $49,000. The timing of the altcoin market’s drop was noteworthy because it corrected as BTC was rallying, which typically does not happen. So why exactly did altcoins crash? There are two main reasons why the altcoin market pulled back despite the strength of the dominant cryptocurrency. First, when the price of Bitcoin rallied to a new record-high, it sucked out most of the volume in the cryptocurrency market. This naturally caused the…

"WE ARE IN A VERY RISKY PLACE" Raoul Pal On Investing, Bitcoin, Interest Rates & Economy

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Raoul Pal is an advocate for Ethereum and Bitcoin. Pal runs real vision, makes price predictions and interviews. In this video, Raoul makes his case for what the future could hold for society. Mainly what the future investment environment could look like. There is a lot of uncertainty in today’s markets and Raoul believes that it is a very risky period. The everyday person needs to be aware of these risks. Investing is not for the fearful. Raoul believes that has as…

Oracle-focused tokens rally as DeFi searches for trusted data providers

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To the observant cryptocurrency enthusiast, the sight of multiple large-cap tokens more than tripling their value since November 2020 is a healthy sign that a bull market cycle is underway.  Aside from a breakout in the price of Bitcoin (BTC), Ether (ETH) and altcoins, every bull market in the crypto sector is defined by one or two key themes that emerge as the driving force of market enthusiasm. In 2016-2017 there were ICOs, the growing popularity of collectibles like CryptoKitties and the widely held belief that blockchain was a solution…

Bitcoin (BTC) Becomes a $1 Trillion Asset at $53,680

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In brief: Bitcoin’s market cap will reach a value of $1 Trillion at a BTC price of $53,680 Bitcoin’s current market cap stands at $904.5 Billion with its fully diluted market cap exceeding $1 Trillion Bitcoin is inches away from the $50k price ceiling that could be a short term challenge BTC analyst Timothy Peterson has forecasted $60k as a possible top for Bitcoin Bitcoin (BTC) becomes a $1 Trillion asset at a value of $53,680. This fact was shared by the team at Documenting Bitcoin via the following tweet.…

‘Black Swan’ Author Pulls a 180- Nassim Taleb Says ‘Bitcoin’s a Failure, at Least for Now’ – Bitcoin News

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On February 12, the well known Lebanese-American essayist and risk analyst, Nassim Nicholas Taleb, declared that the leading digital currency bitcoin is a failure, at least for now. Cryptocurrency fans have been upset by Taleb’s recent statements, after it seems the renowned author has done a complete 180 after supporting the crypto asset for years. Nassim Taleb Is Not Impressed With Bitcoin These Days Nassim Nicholas Taleb is a very popular author, mathematical statistician, and scholar. Over the years, Taleb has been very critical of today’s monetary system, the current…