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CoinDesk reviewed the high-profile investor’s track record in forecasting the largest cryptocurrency’s price, following his latest call that bitcoin could drop to $8,000. Original
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This week the world has been talking about the World Economic Forum (WEF) meeting in Davos, Switzerland, which started on May 22 and ends on May 26. At the event, Bridgewater Associates founder Ray Dalio spoke about today’s economy, the Federal Reserve, cash, and cryptocurrencies. Dalio noted at the WEF conference that he believes blockchain is great, but says “let’s call it a digital gold.” Billionaire Hedge Fund Manager Ray Dalio Says ‘There’s Going to Be a Supply and Demand Problem That Produces a Squeeze’ During the first week of…
Bitcoin Is Apolitical, but Won't Be Much Longer Source
SCREAM “will be the first time players can use their ships to fight for the future of their faction with fun, active, repeatable, on-chain gameplay with earning potential,” said Star Atlas’ recent issue. “Our features will execute and resolve on the blockchain, from attacking starbases to harvesting resources, even the location of your fleets,” the team added. Source
Brazilian exchange Mercado Bitcoin announced its partnership with the Stellar Development Foundation (SDF) on Tuesday. The company said it intends to develop one of the nine projects selected for the LIFT Challenge Real Digital, promoted by the Central Bank of Brazil. The LIFT Challenge Real Digital are a collaborative environment carried out by the Central Bank of Brazil (Bacen), in partnership with National Federation of Associations of Central Bank Servers (Fenasbac). With the announcement of Stellar’s integration, SDF will join the consortium created by Mercado Bitcoin to develop solutions for Real…
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The company will focus on its current operations in Argentina, Mexico and Peru, and freeze previous plans to expand into other countries. Source
The relative strength index (RSI) on the daily chart is rising from oversold levels, but remains capped below the 50 neutral mark. A move above 50 in the daily RSI would confirm a brief recovery in price. For now, upside appears to be limited, initially toward the $33,000-$35,000 resistance zone. Original