Category: Adoption

Here’s why Litecoin creator Charlie Lee is not sold on NFTs

The NFT hype has taken over the crypto space in the past few weeks. But not all veterans are convinced. NFT what? You’re not alone if you’re skeptical about non-fungible tokens (NFTs), the shiny new crypto hype that is either overvalued or the next market frontier depending on whom you ask. Litecoin creator Charlie Lee…

February 15, 2021
Here’s why Litecoin creator Charlie Lee is not sold on NFTs

The NFT hype has taken over the crypto space in the past few weeks. But not all veterans are convinced. NFT what? You’re not alone if you’re skeptical about non-fungible tokens (NFTs), the shiny new crypto hype that is either overvalued or the next market frontier depending on whom you ask. Litecoin creator Charlie Lee…

February 15, 2021
Thai SEC schedules hearings to address crypto investor qualifications

The SEC of Thailand is looking to establish qualifications for crypto investors as digital currency purchases increase.

February 15, 2021
MicroStrategy is reportedly creating an enterprise software product focused on Bitcoin

Enterprise business analytics maker MicroStrategy is reportedly building a software product focused on corporate Bitcoin strategies, two recent job postings suggested. The firm had previously picked up over $1.5 billion worth of Bitcoin in 2020—and now spends significant efforts in evangelizing the rising asset class. MicroStrategy is building its first #Bitcoin software product, focused on…

February 15, 2021
SBI looking to set up joint crypto ventures with foreign firms

SBI Holdings is reportedly considering mergers and acquisitions as a means of solidifying a potential deal.

February 15, 2021
Institutional adoption underscores urgency of clear crypto rules, says Hester Pierce

Regulatory clarity in the crypto industry is needed now more than ever, per one official.

February 15, 2021
Bitcoin flirts with $50,000 at the end of a lovely week

On Valentine’s Day, the crypto market was infatuated with Bitcoin (BTC) as the coin broke yet another all-time high, reaching roughly $49,530, according to metrics platform CoinGecko. Bitcoin price chart. Image: CoinGecko Meanwhile, the week leading to February 14 was also quite eventful all by itself, with a slew of Bitcoin-related announcements and news exploding…

February 14, 2021
Bitcoin could “easily” reach $100,000 by 2022, says Anthony Scaramucci

Anthony Scaramucci, founder of $9.2 billion hedge fund SkyBridge Capital who also served (albeit briefly) as communications director in the Trump administration, said that Bitcoin (BTC) could “easily trade” at $100,000 within a year, Forbes reported today. “You’re going to be benchmarked off of Bitcoin, meaning in your mosaic of stocks and bonds and alternatives…

February 13, 2021
What Pushed Bitcoin Past All-Time Price Highs This Week (And What’s Next)?

It may be a milestone that is losing some of it’s novelty, but bitcoin once again eclipsed its all-time price high this week, reaching a USD value of $49,000 on Bitstamp today. Sometimes bitcoin’s price movement can be difficult to parse but, in this case, there was a series of significant news items and events…

February 12, 2021
Former risk analyst explains why he’s selling his Bitcoin

According to his logic, Bitcoin has been a failure for 11 years.

February 12, 2021