Monthly Archives: May 2020

Goldman Scandal, BTC Bull Trap Fears, How Libra Will Make Money: Hodler’s Digest, May 25–31

Goldman Sachs attacks crypto, why Bitcoin may be wandering into a bull trap, and how Libra is going to make money. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Goldman Sachs butts heads with Bloomberg over Bitcoin One of the world’s biggest investment banks caused a stink this week when […]

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Trading Bitcoin Vs. BTC Futures — Which Is Best for You?

A growing number of crypto exchanges are offering futures trading for Bitcoin and altcoins, can retail investors capitalize on this powerful instrument? There’s an increasing number of exchanges offering futures contracts trading. So far there’s Binance, FTX, Bitfinex, Bybit, and Kraken, to name just a few. Volumes are also picking up across the board and it appears that retail traders are growing more interested in experimenting with these complex instruments.  As recently reported by Cointelegraph, there are multiple benefits to using futures trading. Traders using them can […]

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Advancing Policy: Regulator and Industry Coordination Key to Swift Implementation

The art of enacting legislation in a timely fashion requires strong cooperation between regulators and industry officials. “Coming together is a beginning, staying together is progress, and working together is success” — the words of Henry Ford give expression to the spirit of collaboration that defines human progress. His ethos around unity extends to many societal strands, including endeavors of profit, community initiatives and far-reaching government policies. When navigating uncharted territory, such as the handling of technological innovation from a regulatory perspective, different stakeholder groups must resist […]

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Top 5 Cryptocurrencies to Watch This Week: BTC, BNB, XLM, XMR, TRX

The altcoin market capitalization has steadily risen over the past few days, suggesting that the short-term price action has shifted away from Bitcoin. Although the Bitcoin (BTC) halving generated a lot of interest proceeding the event, it has failed to kickstart a trending move after completion of the event. This suggests in hindsight that the event was priced in.  However, the top-ranked cryptocurrency on CoinMarketCap has not given up much ground following the event, which suggests that traders who purchased before halving are confident that the path […]

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John McAfee Calls His Own 1$M Bitcoin Price Prediction ‘Nonsense’

John McAfee dismissed his earlier prediction of future Bitcoin price, telling people to “wake up.” John McAfee, an eccentric cryptocurrency advocate and British-American entrepreneur, in a tweet called his own previous prediction of Bitcoin price hitting $1 million a total “nonsense” adding that people who believed his “absurd” forecast should “wake up”.  McAfee used the whole North America continent GDP as a comparison reference to explain why his call was just a joke, stating that:  “If Bitcoin ever hit $1 mil, it’s market cap would be greater […]

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With Riots Erupting in US Cities, Using Tools of Peaceful Protest Can be More Meaningful

During the last six days, America has been feeling the wrath of a myriad of protests and riots in nearly every major city across the nation. The U.S. is experiencing an uprising like never before, but some of the protests and demonstrations could be more peaceful. Acts like not voting for the political class, and using alternative monies like bitcoin can go a long way when it comes to civil protest. America Is on Fire, Governors Invoke Curfews, National Guard Deploys, and Martial Law Starts Trending on […]

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For the Blockchain Industry, the COVID-19 Clock Is Ticking

The crypto industry has the best historical moment to change the discourse about crypto and its reputation into a successful innovative tech sector. Blockchains reached a feverish level of hype following the ICO mania of 2017. Peddled as the panacea to the world’s ills, many of such promises ill-intentioned, initial coin offerings raised enormous sums of funds within minutes as the public’s focus shifted to the wild world of cryptocurrencies. Once the hype faded, the emerging narrative surrounded enterprise blockchains and the vast potential of the nascent […]

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Crypto Funds in Demand, Institutions See Bitcoin as Alternative Hedge

Grayscale Investments has been gobbling up Bitcoin in recent months, and most of its investors are institutions — but other funds are doing it, too. While the theater world has Waiting for Godot, the crypto sphere has its own drama: Waiting for the Institutional Investor. Recently, there have been some promising sightings. Grayscale Investments has been buying up Bitcoin (BTC) at a great rate in recent months.  Indeed, since the May 11–12 rewards halving event, the fund has been accumulating BTC at a rate equivalent to 150% […]

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Conquering Decentralized Finance: Enter the Custodians

As decentralized finance becomes a principal focus for both investors and companies alike, custodians will ease their entry, making DeFi the future of finance. The future of finance is decentralized. Striving to facilitate that prognosis, decentralized finance — or DeFi — is quickly shaping into an alluring prospect for investors and companies alike. Looking to harness this decentralized ideal, rivals to the Ethereum-centric sector are feeling the fear of missing out and leveraging their own blockchains in order to gain dominance. Reaching an early climax this year, […]

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Art Piece Titled “I Can’t Breathe� Sold for Crypto at Auction

Crypto artist sold his “I Can’t Breatheâ€� art piece for crypto on a blockchain-backed social network. Osinachi, a self-taught Nigerian digital and crypto artist, has sold his latest “I Can’t Breathe” digital art piece on May 31 for 7 Etherum (ETH), about $1,703 at press time on a blockchain art social network site SuperRare. Funding goes to a cause Osinachi’s piece reflects on the violence that unravelled in an American city of Mediapolis, and was sold in less than six hours at an auction. According to the […]

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