Bitcoin / 629 posts found
Fidelity lets companies offer bitcoin in 401(k)s. Financial advisers call it a risky bet.
Cryptocurrency If you’re dreaming of retiring on a bitcoin windfall, you may want to reconsider. Bitcoin’s recent price fall has captured headlines for its breadth — declining by more than one-third since March and by more than 50 percent since November. Some are now wondering whether the sell-off could reverberate throughout the broader economy. Over the past week, the price has quietly stabilized at around $30,000. For bitcoin’s most ardent supporters — and for those with an extensive risk appetite — it may be a buying opportunity. The financial services company Fidelity Investments said it was giving companies the ability […]
CoinGecko Co-Founder: The Next 12 – 18 Months Will be Challenging in the Crypto Markets as the Fed Increases Interest Rates
Quick take: Bobby Won has forecasted that the next 12 to 18 months in the crypto-markets will be challenging. He cites the US Fed increasing interest rates to tame inflation as the reason to expect more pain in the crypto markets. The Bitcoin and Crypto market will not be short, and we have to prepare for tough times. CoinGecko’s Co-Founder, Bobby Ong, has forecasted that the next 12 to 18 months in the crypto markets will be challenging due to the US Federal Reserve increasing interest rates to tame inflation. Additionally, Bitcoin and crypto are now tied at the hip […]
Brazilian Crypto Exchange of Nox Bitcoin Set to Refund All UST Holders’ Losses with USDT
Cryptocurrency Summary: The Brazilian Crypto Exchange of Nox Bitcoin has announced that it will refund all UST Holders’ losses with USDT. Nox Bitcoin has set aside BRL 620,000 or approximately $127k for the refunds. Additionally, during the UST depegging, OKX was the only crypto-exchange to notify its users of the potential risks of the stablecoin collapse. OKX risk protection system kicked in on May 8th, releasing UST from staking so that it could be traded or sold. The Brazilian crypto exchange of Nox Bitcoin has announced that it will refund all its customers who suffered losses during the UST depegging. […]
A Bitcoin and Crypto Bear Market is Great for Building and Investing – Pantera Capital Exec.
Quick take: Paul Veradittakit, a Partner at Pantera Capital, believes that crypto markets have entered a bear market. Mr. Veradittakit believes that bear markets are great for companies to focus on building. Additionally, bear markets are a great time to invest because of favorable valuations. Rich Dad Poor Dad author, Rober Kiyosaki, has reiterated that Bitcoin could drop to $11k and even $9k Pantera Capital’s Paul Veradittakit has predicted that the crypto market selloff of the last few weeks might be the start of a bear market. Mr. Veradittakit is a Partner at Pantera Capital and he pointed out that […]
What Is BIP 119 And Why Did It Fuel Such Heated Discussions In Bitcoin?
Bitcoin It’s been hard to ignore the discussion around CheckTemplateVerify (CTV) over the past few weeks as it has apparently been generating a divide in the Bitcoin community with developers, users and companies taking sides on whether the activation of the proposed upgrade would be a net positive or negative to the network. Amid the discussion, however, many misconceptions surfaced on what CTV actually is and what it can and cannot do. Therefore, an easy-to-follow explanation is in order to clear up misconceptions before diving into the details of the recent debate. What Is CTV? Clearing Up Misconceptions CTV was […]