sentiment

Paris Saint-Germain Fan Token (PSG) Soars Following Potential Lionel Messi Signing

The Paris Saint-Germain Fan Token (PSG) has seen a significant price surge following news that ex-Barcelona player Lionel Messi will be joining the French outfit.Sponsored Sponsored One of the world’s best footballers will be leaving Barcelona Football Club. The recent news was confirmed by both Lionel Messi and the player’s now ex-club. Messi had spent roughly 21-years with Barcelona, with the club confirming last week that they could not honor a new deal for the Argentina player, due to football regulations surrounding wage budgets. The six-time Ballon d’Or winner is

Here’s the caveat to Bitcoin Cash, Ethereum Classic’s price actions

On the back of recent gains, most altcoins started moving north too. In fact, before minor corrections set in, these alts saw pretty decent rallies, with Bitcoin Cash and Ethereum Classic among them. However, what really matters is whether they can sustain these rallies or not. For the likes of BCH and ETC, this is a very critical question.  What does the price say? Both Bitcoin Cash and Ethereum Classic were up more than 40% since 20 July, at the time of writing. While both altcoins followed Bitcoin’s footsteps, their

Bitcoin & Ethereum: which asset will cross this benchmark first in the next 2 weeks

Bitcoin and Ethereum both tested their initial targets of $40,000 and $2400 over the past day, after consistently rallying over the last week. The market sentiment is currently improving for both assets. While Bitcoin has been the driving force for the majority of the bull markets, smaller altcoins have rallied behind Ether’s bullish period as well. In 2021 itself, Bitcoin reached its all-time high during April 15th-20th, reaching a valuation of $64,000. Other assets followed suit, but when Ethereum touched its ATH of $4375 during the 1st of May, assets

How profitable is Ethereum in the current market

The recent 34.4% rally Bitcoin achieved stabilized the market after almost a month of a consolidated downtrend and the rally also reflected on Ethereum. When it comes to altcoins it is assumed they follow Bitcoin’s lead thus at the moment they should be rising as well. However, while Ethereum did follow BTC and jumped in value, at the moment it seems to be hitting consolidation again. Which way is ETH headed? Ethereum back into consolidation After registering a 28.8% rise in the past week, on July 27, ETH started showing

Chainlink Price Up 3.54% To $19.319 – How To Buy LINK

Chainlink is one of the top crypto projects in the industry. The blockchain platform enables the use of real-world data from off-chain sources. This way, a crypto protocol can gather information from data pools, application program interfaces (APIs), and several other sources aside from its on-chain data. This unique attribute has made Chainlink the go-to source for all blockchain platforms. Its LINK token has had a stellar year after increasing more than 300% from its entry price of $11.87 on Jan. 1 to $52.70 on May 10. This has been

A classic case of short-term loss, long-term gain for Bitcoin and the crypto-sector?

Regulatory scrutiny has become an oft-visited issue in recent months, with countries all over the world stepping up their efforts to regulate the cryptocurrency ecosystem. Several arguments have been made in favor of, as well as against these steps, with some calling it an effort by traditional institutions to curb what doesn’t fall under their purview while others have hypothesized about the possible growth that regulations can bring. Those in favor of regulations were joined by Bitmain founder and former CEO Jihan Wu recently after he told CNBC that he

Tether Sets New Records With $20bn+ Market Cap

USDT is now also the fourth largest crypto by market cap. The news was announced in a Tweet from the company. At the time this article was written, Tether had a market cap of slightly over $20.03 billion. This is down about $10 million from its peak today, according to CoinMarketCap.  Tether has just surpassed a $20B market capitalization! This fantastic milestone is another confirmation for Tether maintaining its number one spot as the most liquid, stable and trusted currency! pic.twitter.com/sorWjzChIo— Tether (@Tether_to) December 18, 2020 Accelerate! Tether’s market cap has

98% of All Bitcoin Is Now Worth More Than When You Bought It

Bitcoin (BTC) has delivered gains to its holders on almost 98% of all days since 2013, new data confirms. According to a dedicated social media-based monitoring resource which tracks profitability, buying Bitcoin has made its holder richer on 97.6% of days.BTC profitability “characteristic of bull runs”Put another way, as on-chain analytics service Glassnode noted in its The Week On-Chain weekly report on Monday, 97.6% of Bitcoin unspent transaction outputs (UTXOs) are in profit.This means that only 2.4% of UTXOs were created — as part of a transaction between wallets — when

Analysts Are Watching This Level After Bitcoin Price Plunged Under $12,000

Bitcoin seriously broke higher on Monday, breaking above $12,400 for the first time since 2019. The asset has since suffered a strong correction to $11,900, where it trades as of this article’s writing. BTC’s drop comes after the value of gold and the S&P 500 plunged after a strong start to the Tuesday trading session. Bitcoin remains above a pivotal support level, though, that analysts say the asset must hold to remain in a bullish state. BTC is now trading below the pivotal $12,000 level. That level held as resistance

Key Timing for Adoption? Crypto Goes Mainstream With TV, Newspaper Ads

Amid turbulent times for the world at large, the cryptocurrency space seems to be cruising on its own steam in 2020. The coronavirus pandemic has put a major strain on economies around the world, and countries such as the United States have seen their central banks resort to extended quantitative easing in order to stimulate their financial ecosystems.Some analysts believe that this continual fiscal stimulus is part of the reason that the cryptocurrency market is enjoying relative success compared with its traditional financial counterparts.The likes of Anthony Pompliano, co-founder of

Buffett Bought Gold, Will Buy Bitcoin: Morgan Creek Digital Co-Founder

Co-founder and partner at hedge fund Morgan Creek Digital, Jason Williams, predicted that famous investor and business tycoon Warren Buffett will buy Bitcoin (BTC).In a tweet sent on Aug. 15, Williams pointed out some of the most recent investment decisions of the American billionaire and predicted that he will end up buying Bitcoin.Buffett sold banks and bought gold. He will buy #Bitcoin soon.— Jason A. Williams🚀 (@GoingParabolic) August 15, 2020Williams was referring to the most recent changes to the portfolio of Berkshire Hathaway, where Buffett is chairman and CEO. Fortune

Warren Buffett Buying Gold May Push Bitcoin to $50K, Investors Say

Berkshire Hathaway, the $503 billion conglomerate led by Warren Buffett, sold Goldman Sachs for a Canadian gold company Barrick Gold. Max Keiser, the founder of Heisenberg Capital and an early Bitcoin investor, says it could help buoy BTC to $50,000.The quarterly shareholder filing of Berkshire Hathaway shows Buffett trimmed his position on most major banks, Fortune reported on Aug. 15. The firm sold a substantially large portion of its shares in JPMorgan Chase, Wells Fargo and PNG.What Buffett’s decision to enter a gold position over banks shows about BitcoinBuffett’s decision