Category: Adoption

Wall Street fund manager that called for $400,000 Bitcoin tells followers to “take money off the table”

In 2018, the reoccurring “meme” in crypto space was that institutions were coming to accumulate Bitcoin, to save the then-volatile market and set it on a path of growth. In 2020, this meme became reality as prominent fund managers and corporations began to accumulate Bitcoin. It began with Paul Tudor Jones, a legendary macro hedge…

January 11, 2021
Parabolic Bitcoin market cap sees BTC briefly top Facebook valuation

A fantastic run of form from Bitcoin has resulted in a new all-time high market cap of over $760 billion. Gemini Exchange Co-founder Cameron Winklevoss pointed out that this now puts Bitcoin above Facebook in terms of valuation. #Bitcoin has surpassed Facebook $FB in market cap. Makes sense that a money network would be more…

January 10, 2021
Bitcoin is now worth half of all silver in the world

With a market cap of almost $780 billion, Bitcoin is currently worth half of all the silver that has ever been mined. According to data from Infinite Market Cap, Bitcoin has also surpassed tech giants Facebook, Tencent, and Alibaba in terms of market cap, as well as Warren Buffett’s Berkshire Hathaway. Facebook, Tencent, Alibaba dethroned…

January 9, 2021
Cardano becomes the most decentralized network on the market with majority of ADA supply staked

With more than 69 percent of its total circulating supply now staked, Cardano has surpassed Polkadot as the most decentralized network in the world. According to data from Staking Rewards, over 21.75 billion ADA has been staked on the Cardano network so far. Cardano is now the most decentralized blockchain network in the world Cardano,…

January 9, 2021
Algorand (ALGO) eyes $100 billion use case with new partnership

A new partnership sees the Algorand blockchain being deployed for a large institutional client. Algorand’s institutional partner Algorand, a high-speed blockchain that powering secure and efficient frictionless exchange, has onboarded Instimatch Global,a digital platform for institutional short-term money market trading, as per a release shared with CryptoSlate. Instimatch processes hundreds of billions of dollars in…

January 8, 2021
Chamath Palihapitiya sees Bitcoin as insurance against uncertainty

“The fabric of society is frayed,” said the former Facebook exec.

January 8, 2021
When is Bitcoin’s macro top? Industry player speculates

Bitcoin has ridden a tremendous price rally so far in 2021, but such growth cannot go on forever.

January 8, 2021
Winning Hearts And Minds For Bitcoin

We often encounter Bitcoiners who assert that Bitcoin is unstoppable and has already “won.” We happen to agree with them. But the endgame has yet to play out, and it still has two potential paths. One is easy; the other is hard. On the easy path, positive narratives about Bitcoin outweigh negative ones. We experience…

January 8, 2021
Bitcoin bull run could end if institutions go under, Komodo exec speculates

The likelihood of such a scenario is tenuous but not impossible.

January 8, 2021
Billionaire investor Chamath maintains the view that Bitcoin price will pass $100,000

Bitcoin has undergone a remarkable rally over recent weeks. The cryptocurrency is up over 100 percent from where it was just a month ago, with BTC pushing past $40,000 on Thursday. Chart of BTC’s price action over the past two and a half weeks. Source: BTCUSD from TradingView.com Analysts are divided over what comes next…

January 8, 2021