Institutional investment in cryptocurrency isn’t happening fast enough. At least that is the opinion of Binance CEO Changpeng Zhao (CZ). According to CZ, people who buy Bitcoin are still predominantly retail investors. This is worrying, as retail investors are prone to last-minute FOMO and panic selling. The two main reasons why cryptocurrency prices are so volatile.
Institutional investment in cryptocurrency isn’t happening fast enough. At, least that is the opinion of Binance CEO Changpeng Zhao (CZ). According to CZ, people who buy Bitcoin are still predominantly retail investors. This is worrying, as retail investors are prone to last-minute FOMO and panic selling. The two main reasons why cryptocurrency prices are so volatile.
Some institutional investors are buying Bitcoin. Fundstrat and Grayscale are two mainstream investment firms which have heavily made cryptocurrency investments. However, institutional investment in Bitcoin and other cryptocurrencies is still altogether lackluster. As for why this, there are several possible reasons.
Just 2-years ago…
Dr. Craig S Wright’s claims to be Satoshi Nakamoto could soon see Wright face prison time. At least that is the opinion of some watching ongoing court proceedings in Florida.
Court transcripts from a hearing on June 28th, show that Wright has been found to have willfully refused to comply with earlier court requests. Specifically, requests to show evidence of his Bitcoin holdings and personal Bitcoin mining activity before 2014.
The Ira Kleiman vs Craig Wright court case grows more confusing and convoluted by the day. However, the accusations against Wright are simple. …
After over a year of unprecedented lows and painful losses, the cryptocurrency market has come roaring back. Well — not all of it. While the majority of the crypto market stagnates or capitulates, Bitcoin has gone on a solo rally, leaving other so called blue-chip digital assets in the dust.
A variety of fundamental factors going on behind the scenes have coincided to launch the world’s number one digital asset to soaring yearly highs. Additionally, this fiscal quarter is slated to be BTC’s best performing quarter to date.
In 2017, Bitcoin’s rise also lifted the tide on the rest of…
The Bitcoin price is once again topping almost $10,000. Many new to market investors are already finding it prohibitively expensive to invest. However there is a free way of earning cryptocurrency using the Brave browser.
Brave browser is a cryptocurrency based web browser which allows users to earn Basic Attention Tokens (BAT), by browsing and publishing content. Here, we’ll look at how anyone can start earning Brave rewards, without a penny of upfront investment.
For years, cryptocurrency market commentators have speculated that a so-called ‘Facebook Coin’ might be on the horizon. Namely, a cryptocurrency created by Facebook, to monetize user content and facilitate peer to peer user payments. The commentator speculations are now true.
On May 24 2019 Facebook announced it’s foray into…
Bitcoin is on the move. However, as the Bitcoin price rises, so too do risks associated with safe storage of digital currencies. For instance, 2019 has already seen millions of dollars in Bitcoin stolen from exchanges. Here, we’ll look at the top Bitcoin wallets to consider using in 2019 to store Bitcoin and other cryptocurrencies 100% safely.
In terms of security, many crypto industry professionals herald the Nano Ledger, Trezor, and Keepkey as being the top Bitcoin hardware wallet. This is for two specific reasons.
The Bitcoin bulls are back in town. Or at least they seem to be. Q2 of 2019 has seen Bitcoin retest several price highs first established in 2017. Bitcoin and wider cryptocurrency adoption is also continuing to grow globally. Here, we’ll, therefore, summarize five key reasons why 2019 represents an ideal time to buy BTC to invest in time for 2020.
Several long-term cryptocurrency market commentators believe that 2020 will be one of the most significant years on record for Bitcoin.
In May 2020, the number of new Bitcoin entering circulation will be reduced by 50%. Between now and mining…
The Bitcoin block reward countdown is on. In 2019 and 2020, two key halving events will take place. First, in August this year, the Litecoin mining block reward will be halved.
When Litecoin halving takes place, Litecoin miners will start receiving 50% fewer coins in reward for processing Litecoin transactions. The number of new Litecoin entering circulation each day will, therefore, fall from 14,400 to just 7,200. Later in May 2020, the Bitcoin block reward will also be reduced by 50%. The only question is, how might Litecoin and Bitcoin halving affect coin prices?
Bitcoin halving was implemented on the…