Monthly Archives: April 2021

Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, DOT, EOS

The bullish price action from ETH, BNB, DOT and EOS show that altcoins have capitalized on Bitcoin’s range-bound trading below the $60,000 level. Historical trends act as a gauge for traders to assess the possibilities for the future. April has been a bullish month for Bitcoin (BTC) with eight monthly closes in the green and only two instances of negative returns.  Danny Scott, the CEO of the Bitcoin exchange CoinCorner, said that Bitcoin could rally to $83,000 if it emulates its average April return of 51% as […]

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Paris Hilton ‘Very, Very Excited’ About Bitcoin — Confirms She Is a Long-Term Crypto Investor

Paris Hilton says she is “very, very excited” about bitcoin, stating that “It’s definitely the future.” Besides confirming that she is a long-term bitcoin investor, the Hilton heiress put laser eyes on her social media profile picture and talked about her upcoming non-fungible token (NFT) projects. Paris Hilton Says Bitcoin Is ‘Definitely the Future’ Hilton heiress Paris Hilton talked about bitcoin and her upcoming NFT projects in an interview with CNBC last week. A great-granddaughter of Conrad Hilton, the founder of Hilton Hotels, Paris is often dubbed […]

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Torum: DeFi + NFT + Social Media – the Next Brilliant Utility Innovation in the Blockchain World?

PRESS RELEASE. Launched on the 1st of July 2020, Torum is a social media platform specially designed for cryptocurrency users. Symbolizing the nature of the platform, the name Torum was born from the combination of “Tokenized” and “Forum”. The platform strives to connect worldwide cryptocurrency users to form a one-stop crypto ecosystem of the industry. Torum operates on a remote team organization. The 18-member team is formed from founders and core developers from Malaysia, India and Turkey with a diversified background of UI/UX, mobile app, cybersecurity, etc. […]

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Singapore PM tells followers to ‘remain vigilant’ on crypto after seeing name used to sell tokens

“I have nothing to do with the platform,” said Lee Hsien Loong. “It is misleading and done without my permission.” Lee Hsien Loong, Prime Minister of Singapore, claims someone set up a profile on the social token platform BitClout to sell tokens using the information from his Twitter account.  In a Facebook post Friday, Loong urged Singaporeans to “to remain vigilant when dealing with cryptocurrency platforms.” He said that someone had used BitClout to create one of the platform’s Creator Coins using his name, Twitter account bio, […]

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Billionaire FOMO: Famed Norwegian Billionaire Investor Capitulates After Seeing Another Embrace Bitcoin

Norwegian billionaire Øystein Stray Spetalen, who once called bitcoin “nonsense,” has reportedly capitulated and invested in the cryptocurrency after seeing another billionaire in Norway embracing bitcoin. He has also invested in a local crypto exchange. “When the facts change, I change,” he said. Norwegian Billionaire Gets Into Bitcoin After Seeing Another Making Money With the Cryptocurrency Øystein Stray Spetalen, a Norwegian billionaire, has made a complete reversal in his view of bitcoin, local publication Finansavisen recently reported. Once a bitcoin skeptic who called the cryptocurrency “nonsense,” he […]

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VORTECS Report: Storage coins rev up gains as Markets Pro rides the green wave

Cointelegraph Markets Pro delivered a market-moving NewsQuake on Storj to subscribers this week, while the VORTECS Score picked up bullish conditions for Filecoin. It’s been another great week for altcoins as the total market capitalization of all cryptocurrencies moves within spitting distance of the $2 trillion mark. And it’s been equally positive for the Cointelegraph Markets Pro platform, which tracks crypto market conditions and real-time headline news in the blockchain industry to deliver market intelligence for every investor. Markets Pro offers two unique features: The VORTECS™ Score, […]

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Wen Doggcoin? Snoop Dogg hints at future token offering

“Is d-o-g-g similar to d-o-g-e?” asked Snoop. Dogecoin (DOGE) proponent and media personality Snoop Dogg has said he hopes to release his own cryptocurrency in the future. In a Vanity Fair interview released on Friday, Snoop said his recent non-fungible token, or NFT, offering through Crypto.com will likely not be his only contribution to the crypto space. Citing parallels between Dogecoin and his own professional name, the rapper said journalist Nick Bilton was “damn right” in predicting a Snoopcoin or Doggcoin one day. “Is d-o-g-g similar to d-o-g-e?” […]

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JP Morgan Revises Bitcoin Target To $130,000, Citing Decreased Volatility

The financial giant is gradually becoming more bullish on Bitcoin and institutional adoption. JPMorgan, in an email note released to clients on Thursday, cited decreasing Bitcoin volatility as a positive for institutional interest in the asset. In an article covering the release by Bloomberg, strategists including Nikolaos Panigirtzoglou at JPMorgan wrote: “These tentative signs of Bitcoin volatility normalization are encouraging… In our opinion, a potential normalization of Bitcoin volatility from here would likely help to reinvigorate the institutional interest going forward.” On the basis of Bitcoin’s declining […]

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US Court Authorizes IRS to Summon Cryptocurrency User Records From Circle and Poloniex

The Internal Revenue Service (IRS) has obtained authorization from a federal court to seek information on cryptocurrency users from Circle and Poloniex exchange platforms. The tax authority wants records identifying crypto users who conducted $20,000 or more in crypto transactions during the years 2016 to 2020 as well as other documents relating to their crypto transactions. IRS Got Court Approval to Summon Data on Crypto Users From Circle and Poloniex The U.S. Department of Justice (DOJ) announced Thursday that a federal court has authorized the IRS “to […]

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ReDeFining growth: Innovative trends impact evolution of blockchain tech

Over time, networks have evolved to cater to different needs, and with Web 3.0, blockchain isn’t just decentralizing power in financial systems. Over the last year, the decentralized finance space has been making waves in the financial sector, building on blockchain technology to decentralize a multitude of banking services. The adoption of DeFi services has been steadily on the rise, and all kinds of assets are making their way onto the blockchain. With nonfungible tokens popularizing digital art ownership representations, blockchain technology is creeping into the most […]

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