Month: May 2021

Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, says “Bitcoin will always be the gold,” outperforming other cryptocurrencies, such as ethereum, in the long run. He said “there are interests being brought out of all kinds of institutions” for bitcoin. Kevin O’Leary Bullish on Bitcoin Kevin O’Leary shared his thoughts about bitcoin and ether in an interview with CNBC Wednesday. While acknowledging that ether has been performing well lately, O’Leary insisted: Bitcoin will always be the gold. The Read more …

Bitcoin and the whole crypto market turned green at the close of April. The run-up to this month’s $4.2 billion options expiry was uneventful, with no signs of dissent. After a brief fall below the $53,000 support level on April 29, Bitcoin rallied 10% by midday to reclaim its previous high of $57,400. BTC/USDT 4-hour chart. Source: TradingView Related article | Bears Salivate As Bitcoin Monthly Close Leads To Indecision Mainstream Acceptance Increase MicroStrategy CEO Michael Saylor’s announcement that the company Read more …

A cryptocurrency exchange with about 2 million users worldwide announced that it has “suffered a serious cyber attack.” A number of basic services are paralyzed and the attacker tried to access the exchange’s wallets. Consequently, the platform has shut down, stating that it needs to perform a “comprehensive inspection” which is expected to last one to two weeks. Hotbit Says It ‘Suffered a Serious Cyber Attack’ Crypto exchange Hotbit announced Friday: Hotbit just suffered a serious cyber attack starting around Read more …

The Africa Special event aired on Thursday, showcasing Cardano developments on the continent. At the time of writing, the show has hit over 120k views, with IOG CEO Charles Hoskinson calling it the most popular show they’ve done to date. Although the response was largely positive, with a wide range of mainstream and crypto publications covering the event, Hoskinson spoke about a distinct lack of coverage from CoinDesk. The Executive Editor at CoinDesk, Marc Hochstein, said they are still waiting Read more …

The price of Bitcoin has been consolidating for the last two months, and on-chain analytics and historical precedent suggest that Bitcoin is a caged bull below $60,000, ready for the next leg of parabolic price appreciation. Halving Cycle Dynamic: Three Stages Of A Cycle Source Many are familiar with the correlation between bitcoin’s supply issuance halving and the price action, but digging deeper can provide context to where bitcoin is in the current cycle, and what the future price action Read more …