Bitcoin Archives - Page 6 of 7

“The Big Short” Author Says Crypto Could Crash

14Apr

By CryptolifedigitalNo Comments

Bitcoin

“The Big Short” Author Says Crypto Could Crash

Michael Lewis, the American author and financial journalist behind "Moneyball" and "The Big Short," is convinced that cryptocurrency may come "crashing down," according to his recent interview with Yahoo! Finance.Lewis has mentioned that Bitcoin is essentially a faith-based asset, which might not be sustainable in the long term. Read Also: DeFi Platform Oasis.app Secures $6M in Series A Funding Round Still, he does believe that cryptocurrencies are "more egalitarian" compared to traditional finance. The author argues that the cryptocurrency market is "more equal" than stocks since retail traders deal directly with crypto exchanges, thus eliminating the middleman.He further praised the decentralized finance sector, arguing that it could ...

Extreme fear persists as bitcoin strives to recover

14Apr

By Cryptolifedigital1 Comment

Bitcoin

Extreme fear persists as bitcoin strives to recover

According to the Crypto Fear & Greed index, cryptocurrency market sentiment remains in "extreme fear" territory. It takes into account several factors, such as volatility, social media posts, and trading volume, to determine how investors and traders feel about the current state of the market. The index enters fear territory when it drops below 50. Lately, it printed a score of 25, which symbolized extreme fear. The index gauges cryptocurrency trader's emotions every day. Market sentiment has seen a strong shift within just two weeks. In late March, the index flashed “greed” for the first time in four months after the flagship cryptocurrency reached a new 2022 high of $48,234. Read Also: Former SEC Executives Clayton and Hinman were prosecuted For am...

Countries, Banks, and Conventional Finance will adopt Bitcoin eventually says Michael Saylor of Microstrategy.

13Apr

By Cryptolifedigital2 Comments

Bitcoin

Countries, Banks, and Conventional Finance will adopt Bitcoin eventually says Michael Saylor of Microstrategy.

Billionaire investor and CEO of Microstrategy, Michael Saylor, has stated lately that countries, banks, and conventional finance will espouse the flagship cryptocurrency Bitcoin( BTC), saying that it's just a matter of time.In a late interview with Fox Business, the famed Bitcoin supporter stated that there has been a massive increase in the profit of Bitcoin compared to the former year. https://twitter.com/saylor/status/1513595652474875907 speaking of his experience at the just concluded bitcoin 2022 co0nference, which was held in Miami, Saylor said the energy he witnessed was outstanding. He also said the event showed that many politicians across the world are getting interested in Bitcoin (BTC). Read Also: Just Recently The Schwab Strategy Trust Is Filled With The US Securit...

6800 BTC was moved from coinbase as the bitcoin drops below $40000.

12Apr

By CryptolifedigitalNo Comments

Bitcoin

6800 BTC was moved from coinbase as the bitcoin drops below $40000.

As Bitcoin price dipped to $39405 on April 11 and earlier today, crypto tracking platform whale alert observed two huge bitcoin transfers, carrying 6800 BTC on the Coinbase exchange. By now, the flagship digital currency has managed to recover to $39,997 after entering the $40,000 zone briefly. Read Also: Why does Ethereum Network Has To Be Upgraded? Whale alert has shared that between 8 and 20 hours ago, two massive amounts of Bitcoin were shifted from wallets on Coinbase to crypto addresses that the aforementioned crypto tracker tagged as “unknown”. https://twitter.com/whale_alert/status/1513593844197216260 https://twitter.com/whale_alert/status/1513774741454217219 In these two transactions, 5100 BTC and 1700 BTC were moved worth $ 206,822,770 and $67,391...

Terra, Dogecoin, Cardano Log Double-Digit Losses as bitcoin and Ethereum slip below $40000 and $3000 respectively.

12Apr

By CryptolifedigitalNo Comments

Cryptocurrency

Terra, Dogecoin, Cardano Log Double-Digit Losses as bitcoin and Ethereum slip below $40000 and $3000 respectively.

The cryptocurrency market is in the middle of yet another Bearish and another major sell-off. Bitcoin, the largest cryptocurrency, has plunged below the $40,000 level for the first time since March 16.Ethereum, the second-largest cryptocurrency, is currently trading below the $3,000 level on the Coinbase exchange. Read Also: Bitcoin is a Super Strong Investment, Says Tennis Champion, Serena Williams. .blockspare-954909db-0e8b-4 .blockspare-block-container-wrapper{background-color:#f9f9f9;padding-top:20px;padding-right:0px;padding-bottom:20px;padding-left:0px;margin-top:30px;margin-right:0px;margin-bottom:30px;margin-left:0px;border-radius:null}.blockspare-954909db-0e8b-4 .blockspare-image-wrap{background-image:} All of the top 100 biggest cryptocurrencies are c...

Bitcoin is a Super Strong Investment, Says Tennis Champion, Serena Williams.

10Apr

By Cryptolifedigital1 Comment

Bitcoin

Bitcoin is a Super Strong Investment, Says Tennis Champion, Serena Williams.

One of the most successful tennis players of all time – Serena Williams – teamed up with Block Incs money transfer service provider – Cash App - to provide women and people of color with further financial access to bitcoin. She praised the primary cryptocurrency as the leader in the industry, calling it a ”super-strong investment.” Read Also: Arbitum Rise Despite The Decrease Of All Other Layer 2 Blockchain Williams is a Bitcoin Bull The Jack Dorsey-led firm – Block – announced the collaboration with the tennis superstar at the Miami Bitcoin Conference. Williams raised hopes that the initiative will grant women (who are not as engaged with the crypto industry as men) and people of color additional access to bitcoin opportunities: “It’s important to expand bitcoin to ...

Elon Musk to power a bitcoin mining facility with Tesla.

8Apr

By Cryptolifedigital2 Comments

Bitcoin

Elon Musk to power a bitcoin mining facility with Tesla.

Elon Musk-helmed Tesla has agreed to power a solar-powered Bitcoin mining facility in Texas in partnership with Block (formerly Square) and Blockstream, CNBC reports. Blockstream CEO Adam back told the outlet that the $12 million projects are supposed to show that Bitcoin mining has the capacity of funding Zero-emission power Infrastructure. His self-owned company also believes that the facility will be able to bolster the network by integrating new energy sources into the mix. Related: GK8 Cold Vault Cryptocurrency Storage And MPC Solution For Custody, DeFi, Staking, NFT. The mining operation will be powered by Teslas' 3.8 megawatts (MW) solar photovoltaic energy facility and the company's rechargeable battery storage system called Megapack, which is capable of stor...

Savy trader Peter Brandt declares the time he will add laser eye to his tweeter picture.

8Apr

By Cryptolifedigital3 Comments

Bitcoin

Savy trader Peter Brandt declares the time he will add laser eye to his tweeter picture.

Savy commodity trader Peter Brandt has taken to Twitter to mention Bitcoin and say when he will add the trendy Bitcoiner's feature "laser eyes" to his avatar. Brandt addresses his tweet to Dr. Jeff Ross, who founded and is the CEO of Vailshire Capital Management. Ross is taking part in the Bitcoin 2022 event, Brandt wished him a wonderful time there. Brandt posted a chart that shows the lower brink of the current range Bitcoin is trading in at the $28,805 level with the upper boundary being $69,000—the all-time high reached in November. The trader tweeted that if BTC goes down to $27,111 from the current $43,409 level, he will add "laser eyes" to his Twitter picture. Related: Immutable, A Crypto Startup That Focussed On NFT And Gaming Has Been Able To Raise...

Bitcoin calms at around $4600 while most altcoin experience surge in price.

4Apr

By Cryptolifedigital1 Comment

Cryptocurrency

Bitcoin calms at around $4600 while most altcoin experience surge in price.

Bitcoin has once again claimed over the $46000 mark while some other altcoins have reduced their dominance over the market's impressive profits. Terra is among those as LUNA move almost by 10% in a day and charted a new all-time price at close to $120. Altcoins experience price surge Just yesterday, the surge in price occur to most of the altcoins, for example, the Ethereum dipped to $3300 before yesterday, and yesterday it shot to its all-time price of $3500, presently the coin calmed around $3500. Also, Terra recorded its all-time price surge yesterday and according to CoinGecko, the latest peak comes at just shy of $120. Cryptocurrency Market Overview. Source: Quantify Crypto NEAR Protocol and Cosmos have also painted substantial price increases on a daily scale. As such, N...

Peter Schiff tweeted that he was Satoshi Nakamoto.

2Apr

By CryptolifedigitalNo Comments

Bitcoin

Peter Schiff tweeted that he was Satoshi Nakamoto.

It is not news again that the whole cryptocurrency developer is looking for who Satoshi Nakamoto could be and any top-ranking people in the industry have been to be Satoshi. So this was the trend ongoing as the tweet of one of the prominent bitcoin holders and chairman of SchiffGold, permanent Bitcoin hater Peter Schiff, saying a kind of congratulatory greeting to the community with April fool. As gotten from the Binance CZ about him being Satoshi Nakamoto, peter Schiff admitted to being the creator of the largest cryptocurrency Bitcoin far back as 2008-2009. He also claims in his late tweets that he holds billion of bitcoin as he has also been slamming bitcoin hoping to buy more from the weak hands, that he aims to buy the whole 21 million bitcoins to himself to have the moon al...