Billionaire Orlando Bravo recently revealed his stance on crypto. Talking to CNBC, Bravo revealed that he indeed held bitcoin and held a very bullish stance on the future of the digital asset. The billionaire appear at the Delivering Alpha conference where he openly expressed his love for crypto. Bravo highlight some of the best features of cryptocurrencies, exclaiming, “How could you not love crypto?” Bitcoin Is Here To Stay Although already quite valuable, the billionaire sees more growth in the future of the currency. Institutional investors are yet to completely…
Month: September 2021
Crypto Analyst Says Ethereum Market Is A “Ticking Time Bomb”, Here’s Why
Ethereum has recently taken hits along with the rest of the wider market. Numerous market dips and crashes have seen the digital asset crashing back down below $3,000 in recent weeks and this has left ETH in a struggling position. With momentum down, it looks like the market is headed for another bear market as cryptocurrencies are now recording lower lows and lower highs with each dip and recovery. Related Reading | JPMorgan Analysts Say That Big Money Are Dumping Bitcoin For Ethereum The asset had dropped below the $2,700 price…
Verifone Brings Bitcoin Payments To Thousands Of Merchants Across The U.S.
Bitcoin payments are gaining traction as the asset price has grown. With El Salvador making the cryptocurrency a legal tender, it is only a matter of time until other countries follow in its footsteps. Making the implementation of BTC payments important for companies who want to stay competitive in the long run. Major outlets have begun to accept crypto payments. The latest of these has been AMC Theaters, which announced that it was going to begin accepting payments in various cryptocurrencies by the end of the year. This will enable…
JPMorgan CEO Doesn’t Care If Bitcoin Grows 10X In Five Years
Bitcoin investing is arguably one of the most talked-about investment in the finance industry at present. The returns on the digital asset have seen people allocating more of their investment budgets to bitcoin. But for people who may not have as much fiat as they would like to invest in the asset, borrowing has been a way to get more money to invest. Related Reading | Over $5 Billion In Bitcoin And Ethereum Moved From Cold Wallets Amid China Crackdown Individuals are also not alone when it comes to borrowing to…
EMURGO To Invest $100 Million In Cardano To Bolster DeFi Adoption
Decentralized finance (DeFi) has become an increasingly important addition to the Cardano network following the launch of smart contracts capability. Developers have been working since the Alonzo hard fork to bring their DeFi solutions to the ecosystem. But with decentralized finance already underway on blockchains such as Ethereum and Solana, Cardano has had to play catch-up with these other networks. This is why the recent announcement from EMURGO carries significant connotations for the future of DeFi on the network. EMURGO, which is the commercial arm of the Cardano Foundation, has…
Cardano Summit Sees Launch Of Exciting New Partnerships
The Cardano Summit has now officially come to an end. Saturday and Sunday saw live and virtual events from around the world, while notable figures in the crypto space spoke at the event, including the founder of Cardano Charles Hoskinson. The event brought a lot of excitement to the space and allowed community members to interact with one another from around the world. But most notable has been the announcements of new partnerships made at the event. Related Reading | Billionaire Mike Novogratz Says He’s “Not Nervous” About Crypto Sell-Off In…
JPMorgan Analysts Say That Big Money Are Dumping Bitcoin For Ethereum
Ethereum has recently made its way into the radar of institutional investors. More big money has been flowing into the digital asset in recent months following the success of decentralized finance (DeFi). With this much money coming in from institutional investors, the value of ETH has seen significant growth in the past couple of months. Data shows that institutional investors are getting into Ethereum as early as possible, eliminating the possibility of “missing the bus” when the cryptocurrency eventually becomes an important part of traditional finance markets. Ethereum being more…
2.1 Million Salvadorans Actively Using Chivo Wallet, El Salvador’s President Claims
Nayib Bukele, El Salvador president, has claimed that 2.1 million citizens are using the new government-backed Chivo cryptocurrency wallet. In a tweet, he implied the apparent success of Bitcoin in the country.El Salvador recently adopted bitcoin as a legal tender on September 7, 2021, being the first country to do so. Related Reading | Just 10 Days After El Salvador’s “Bitcoin Day”, President Bukele Confirms 1.1 Million Citizens Have Chivo Wallet On Saturday afternoon, president Nayib Bukele shared this update with his 2.9 million Twitter followers. He claimed that Chivo “now…
NFT Project To Donate 100% Of Income To Help Afghan Women Access Education
Bookblocks.io, an NFT company has partnered with a New York-based company, Women for Afghan Women to help women in Afghanistan have access to education. Under the new Taliban-run government, women in Afghanistan have had their rights to education restricted by the fundamentalist militants. Since this development, Afghan women have taken to the streets to protest. Over a dozen women protested outside the premises of what used to be the Afghan Women’s Affairs Ministry – until the Taliban turned it into the department for the “propagation of virtue and the prevention of vice.”…
Cardano Summit Begins Tomorrow, Here’s What You Should Know
The Cardano summit is scheduled to begin tomorrow, Saturday, September 25th. The summit is scheduled to run for two days, the 25th to the 26th, and promises to be a one-of-a-kind event. Meetups are available in six locations around the world. But the summit will feature both live and virtual events where anyone from around the world can attend. Local groups are also available with community-led events. Events at the Cardano summit are split by the worlds they fall into. Currently, the summit features seven different worlds in which individuals…