The big bank recently said the Central American country’s move is “problematic,” here’s why they are wrong. JPMorgan analysts have shared their views on the adoption of bitcoin as a legal currency in El Salvador, reported Market Insider. The bank portrays the move as a “problematic experiment,” demonstrating a high-time preference rationale and a profound […]
Miami Mayor Suarez Calls For Election Of A Bitcoin President After Joe Biden
During Thursday’s Bitmain’s Digital Mining Conference Miami Mayor Francis Suarez concluded his speech by calling for the election of a Bitcoin President after Joe Biden. During Thursday’s Bitmain’s Digital Mining Conference Miami Mayor Francis Suarez concluded his speech by challenging the audience to “Go out there and elect the next President of the United States […]
OpenSea bug appears to have destroyed nearly $100K in NFTs
As a result of the system bug, a total of 42 NFTs were burned in the course of 30 transactions. Reports have emerged that a bug on OpenSea’s marketplace has deleted user-owned NFTs worth 28.44 Ether (ETH), nearly $100,000 at the time of writing. The information was revealed online by Nick Johnson, lead developer of […]
Developments on LUNA are converging to bring “Terra Autumn” to fruition
On balance, 2021 has been an exceptional year for Terra so far. And, as developments on the project begin to converge, the rest of 2021 suggests the best is yet to come. But what are these developments, and how will they boost the Terra ecosystem? $LUNA is making moves Terra launched in 2018, making it […]
BTC/USD Peaks Around 47400: Sally Ho’s Technical Analysis 10 September 2021 BTC
Bitcoin (BTC/USD) worked to retain gains early in the Asian session as the pair appreciated to the 47400 level after trading as low as the 45511.82 area during yesterday’s Asian session. The pair traded as low as the 45640 area during the North American session, representing a test of the 78.6% retracement of the appreciating […]
BTC/USD Peaks Around 47400: Sally Ho’s Technical Analysis 10 September 2021 BTC
Bitcoin (BTC/USD) worked to retain gains early in the Asian session as the pair appreciated to the 47400 level after trading as low as the 45511.82 area during yesterday’s Asian session. The pair traded as low as the 45640 area during the North American session, representing a test of the 78.6% retracement of the appreciating […]
Bitcoin does not make a great deal of sense, according to billionaire Lee Cooperman
The Omega Advisors chairman and CEO said people should be careful about Bitcoin, and suggested gold as a better store of value. By his own admission, Lee Cooperman still does not understand Bitcoin, despite BTC being up more than 300% since early December 2017. Speaking to CNBC on Thursday, the billionaire investor alluded to people […]
Solana Knocks XRP Down a Notch, SOL Taps Another All-Time High Rising More Than 400% in 30 Days
The cryptocurrency solana reached another all-time high on September 9 at $213 per coin. The digital currency’s market valuation has swelled significantly, pushing dogecoin from its position in the top ten last week. Today, solana’s crypto market capitalization has managed to surpass XRP’s overall valuation, taking the sixth position in the top ten this week. […]
Eightcap Offers 250+ Crypto Derivatives With Ultra Spread and Fast Withdrawal.
The post Eightcap Offers 250+ Crypto Derivatives With Ultra Spread and Fast Withdrawal. appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide It’s a new dawn for Crypto derivative traders as Eightcap, an award-winning broker recently announced a rollout of over 250 crypto derivatives . These derivatives pair with ultra-low spreads and […]
JP Morgan sees El Salvador Bitcoin experiment as problematic
Analysts at JP Morgan say that the recent Bitcoin crash wasn’t because of El Salvador making Bitcoin legal tender in the country. In their view, it was more about too much froth in the market. They also said that Bitcoin is unlikely to upstage the dollar. An article published by Business Insider today looked at the El […]