Gene Simmons Lists Bitcoin, Ethereum, Litecoin, XRP, Dogecoin among His Investments
From Gene Simmons’ list of digital assets, both XRP and Dogecoin have been involved in tremendous gains in the past few days mostly fueled by the WallStreetBets speculation frenzy.American musician, entrepreneur, and television personality Gene Simmons has listed some of his digital assets that...
Digital Asset Coverage Platform Bridge Mutual Launches Its BMI Token on Polkastarter
While Bridge Mutual is relatively young, its offerings are game-changing as it seeks to bring the profits of mainstream insurance businesses to the lovers of blockchain and decentralized finance innovations.
Discretionary digital assets coverage platform Bridge Mutual is redefining blockchain-based insurance provision as it launched...
Why the Bitcoin price dropped immediately after Musk’s positive comments
The Bitcoin price pumped and fell immediately after Tesla CEO Elon Musk talked about BTC positively on Clubhouse.Musk complimented Bitcoin, stating that it is ready for broader adoption. He said that he is “late to the party,” suggesting that he is now an enthusiast...
Bitcoin Pushes MicroStrategy Up 113% Since Citigroup Downgrade in December
Despite the fall in BTC price, MicroStrategy CEO remains confident in the company’s constant acquisition of the digital currency.MicroStrategy Inc (NASDAQ: MSTR) recorded about a 113% increase in its stock since the 8th of December when Citigroup Inc (NYSE: C) downgraded the company’s stock. Over...
WallStreetBets Traders Pump XRP Price Higher: Up 50% in 24 Hours
Some analysts in the crypto industry say that the current price of XRP is unsustainable.WallStreetBets traders appear to be in no mood to leave the headlines anytime soon as they have continued to hug the media attention, especially with their latest interest in the...
Elon Musk Endorses Bitcoin, Makes Bold Prediction on Its Future
Speaking about Bitcoin, Elon Musk stated that the asset “is really on the verge of getting broad acceptance by sort of the conventional finance people.”On a Sunday Clubhouse chat, the world’s richest man Elon Musk talked about everything from the exploration of Mars, Gamestop...
What Elon Musk said about Bitcoin during today’s packed Clubhouse event
I don’t know about you but around two hours ago, I had my eyes and fingers glued to my iPhone trying to join the latest Clubhouse even with Elon Musk.Unfortunately, I didn’t get in.Well, kind of. I quickly found a bootleg stream of the...
Bitcoin could soon feature on VISA network, CEO Al Kelly says
The payments giant might add cryptocurrencies to its expansive global network.Bitcoin on VISA?Payments giant VISA could soon add Bitcoin and other cryptocurrencies to its expansive payments network, CEO Alfred Kelly said during an online appearance last week.“To the extent, a specific digital currency becomes...
Why Ethereum Isn’t the Future of DeFi
Despite its popularity as a platform for DeFi applications, the rampant growth in both the number of DeFi applications and the number of users has put a strain on Ethereum’s infrastructure, leading to a number of challenges that many Ethereum DeFi users now face...
Visa May Add Cryptocurrencies to Its Payments Network
Visa sees two classes of digital assets. New assets, like Bitcoin (BTC), are “digital gold.” Fiat-backed currencies, as well as stablecoins and central bank digital currencies, represent another class.On Thursday, US fintech giant Visa Inc (NYSE: V) released its earnings report for its Q1...