Bitcoin at $100,000 has become somewhat of a generally agreed-upon peak for the current cycle. Various analysts have put the digital asset at this point before the end of the year, painting a rather bullish future for BTC. With Bitcoin’s recent touch at $69,000, this price point is looking more likely by the day. However, not everyone thinks that the asset will hit $100,000 in 2021. One of these is analyst Nicholas Merten. Merten has disagreed with the predictions for the digital asset that puts the year-end price at $100,000.…
Month: November 2021
Crypto Exchange Gemini Lists Shiba Inu As Number Of Holders Increases
Crypto exchange Gemini has added support for popular meme coin Shiba Inu (SHIB) amid growing interest. Gemini announced that it has now supports SHIB in addition to a few new defi, metaverse, infrastructure, and data management tokens. Related Reading | Shiba Inu Beats Out Cardano, Dogecoin On Top 10 Watch-Listed Tokens The exchange’s new addition comes as holders of the meme coin are steadily increasing. Gemini Lists Shiba Inu The crypto exchange announced its latest additions in a blog post on Friday. “We are delighted to announce support for Shiba Inu (SHIB), as well…
Bitcoin ATM Stolen During Raid In Barcelona
Crypto-related crimes have been on the rise in Spain in recent times. The most recent incident is the case of a stolen Bitcoin ATM in Barcelona. Related Reading | Data Shows Crypto Hacks And Fraud In 2021 Are On Track For A New Record Bitcoin ATMs are kiosks that allow a person to purchase Bitcoin and other cryptocurrencies by using cash or debit card. According to this website, Spain has the highest number of crypto ATMs in Europe. With 185 ATMs, it is also the fourth highest in the world. Bitcoin ATM…
Elon Musk Sells Tesla Shares For $5B. Will He Buy Dogecoin?
News of Elon Musk selling Tesla shares has rocked the market lately. The billionaire had sold a total of 2.15 million shares valued at $5 billion on Thursday. The sale comes after a widely received poll that the Tesla boss had earlier set up on Twitter to ask the community what they think about him selling off the shares. At the time, the stocks Musk had proposed to sell had been worth around $25 billion. After the poll went live, it had garnered over 3.5 million votes, with the majority…
Plummeting Bitcoin Exchange Reserves Show Investors Are Not Ready To Sell
Bitcoin exchange reserves are a good way to gauge investor sentiment in the market. It can show when investors are ready to sell, meaning that they believe the asset has hit an overvalued point. Likewise, it can show when investors are holding on to their bags and expecting the price of the digital asset to rally. The latter has been the norm going on four months now. Since August, bitcoin exchange reserves have been plummeting with no signs of stopping. This has shown investor sentiment to be in the positive…
AMC Now Accepts Bitcoin, Ethereum, Two Other Cryptos, Dogecoin To Follow
AMC has now officially become the first theater chain to accept Bitcoin, Ethereum, and cryptocurrency payments on its platform. This has been a long time coming after CEO Adam Aron had first announced the entertainment giant’s plans to accept crypto payments by the end of the year. The announcement had said that it would accept crypto payments online for both movie tickets and concessions. Crypto Payments On AMC Are Official Everything on AMC’s end looks to have worked right on schedule as the annulment three months ago had stated that…
What Went On In The Secret Meetings Between Cardano Developer IOHK And Zanzibar Officials?
The Cardano Africa tour had been in full gear for a couple of weeks now, ending when Hoskinson had returned back to the States. Founder Charles Hoskinson had announced the tour after the successful launch of smart contracts capability on the blockchain and last month, the tour had kicked off. Hoskinson and the Cardano Foundation plan to meet and liaise with developers of Cardano-based projects and officials of various countries to discuss the acceleration of blockchain adoption on the continent. Related Reading | Shiba Inu Beats Out Cardano, Dogecoin On Top…
SpaceX Dogecoin-Funded DOGE-1 Mission Set To Launch In Q1 2022
Elon Musk’s Dogecoin-funded mission is now set to launch in the first quarter of 2022. The launch had been announced in May of this year when the billionaire had tweeted about it. The mission is fully paid for in Doge and will not only be the first crypto in space, but it will also be the first meme coin in space. SpaceX launching satellite Doge-1 to the moon next year – Mission paid for in Doge– 1st crypto in space– 1st meme in space To the mooooonnn!!https://t.co/xXfjGZVeUW — Elon Musk…
Bitcoin Whale Wallet With $150 Million Activated After 8 Years
A good portion of the bitcoin supply has been lost due to holders dying or forgetting their private keys. These coins will never be recovered and are regarded as lost bitcoins. They play into the scarcity factor that drives the value of bitcoin up. It is estimated that 20% of the digital asset has been lost. These could technically still be recovered but it is unlikely since losing a private key means losing the coins held in the wallet. Since so much of the asset is lost, the rest remaining…
Bitcoin Payments Card Are Coming To Asia Pacific, Courtesy Of Mastercard
Mastercard has been upping its bet in the bitcoin space of late. The payments processor, alongside its rival Visa, has realized that the future of payments will happen on the blockchain, hence it is better to get in now than later. This has put MasterCard at the forefront of development on the payments side of cryptocurrencies, propelled forward by its enormous resources that can be put towards research. The latest in the long line of innovation in the crypto space is the launch of crypto payment cards in the Asia…