Day: December 23, 2021

Execs Leave Silicon Valley To Join Crypto Startups

boss

A few years ago it was an executives’ dream to work at Google, Amazon, Apple, and the other Big Tech firms of Silicon Valley, but now that dream has evolved into crypto startups. Whether it is to join a blockchain-related company or start a new one, high-paying executives and engineers are leaving the valley of big salaries and CEOs at an accelerating rate. The New York Times reported the exodus of Big Tech executives and the boom of crypto products like NFTs is seen as a possible reason for it.…

Microstrategy CEO Foresees Bitcoin’s Price Reaching $6 Million – Markets and Prices Bitcoin News

boss

The CEO of Microstrategy expects the price of bitcoin to reach $6 million, noting that it is “unstoppable” and will replace gold. The executive personally owns 17,732 bitcoins while his company is hodling 122,478 bitcoins. Microstrategy’s CEO Expects Bitcoin to Hit $6 Million Microstrategy CEO Michael Saylor talked about his bitcoin strategy and BTC price prediction in a recent interview with the Information, published this week. Saylor revealed that he personally owns at least 17,732 bitcoins, which is the same amount he disclosed back in October last year. At the…

First Mover Asia: Santa Claus Rally Sends Bitcoin North of $50K

(Edited by James Rubin) Good morning. Here’s what’s happening: Market moves: The crypto market cheers for a “Santa rally” as bitcoin crossed a key price level at $50,000. Technician’s take (Editor’s note): Technician’s Take is taking a holiday hiatus. In its place, First Mover Asia is publishing the third in a series of stories on the year in cryptocurrency markets by CoinDesk markets analyst Damanick Dantes and Managing Editor of Markets Brad Keoun. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices…

Crypto Research Analyst Puts Ethereum At $9,000 In Six Months

Ethereum has had a good year in 2021, although the digital asset is looking to close out the year on a less than a bullish note. Nevertheless, investor sentiment around the altcoin continues to be on the positive side as most expect the cryptocurrency to do well in the coming years. One of those is a crypto research analyst at Fundstrat, Armando Aguilar, who believes that Ethereum will double in price next year. Ethereum Heading For A Big Year In a report on Business Insider, Aguilar noted that the year…

Bitcoin Crashes as FUD Sets In

On Wednesday, we recapped how Tesla’s bitcoin acceptance and Coinbase’s direct listing helped send bitcoin’s price to a new all-time high near $65,000, which turned out, in hindsight, to be the market peak. Today, we’ll show how some traders and investors began to cash out in April and May as concerns mounted over U.S. capital gains taxes, bitcoin’s environmental footprint and an outright crypto ban in China. It seemed like the fear, uncertainty and doubt – FUD, or crypto-speak for negative news – was coming all at once. Source

Accounting Firm PWC’s Hong Kong Branch Purchases Land in The Sandbox Metaverse – Blockchain Bitcoin News

boss

On Thursday, Pricewaterhouse Coopers’ (PWC) Hong Kong unit announced that it purchased a land site in The Sandbox metaverse. The PWC Hong Kong branch will be the first internationally recognized professional services brand to enter The Sandbox metaverse. PWC Hong Kong Enters the Metaverse While land located next to Snoop Dogg’s Sandbox plot has sold for lots of money and other firms like Atari have purchased Sandbox property, now major accounting firm PWC’s Hong Kong branch has also purchased metaverse land in The Sandbox virtual world. PWC is a multinational…

Argo Blockchain among most traded stocks by Fidelity customers

Financial services company Fidelity Investments’ U.K. arm reported that over the last 12 months, customers were most interested in trading shares of crypto mining firm Argo Blockchain.  In a Thursday report, Fidelity said Argo Blockchain ranked third among the top five stocks most actively traded by its customers in 2021 — the others were Rolls-Royce, British Airways owner International Consolidated Airlines, oil giant BP and Lloyds Banking Group. Argo, which Fidelity described as a “trending” stock, also ranked third among stocks traded by Self-Invested Personal Pension, or SIPP, investors. However,…

What Is Web 3 and Why Is Everyone Talking About It?

Web 3 – also known as “Web3″ or “Web 3.0″ – is a term you may of heard thrown around a lot lately. It simply refers to the next iteration of the internet that promotes decentralized protocols and aims to reduce dependency on large tech companies like Youtube, Netflix and Amazon. But what is it, and why is it on everyone’s minds? What is Web 3? To understand Web 3, it makes sense to understand what came before. The first version of the Internet – known as Web 1 –…