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Warren Buffett hates cryptocurrencies. Treasury Secretary Janet Yellen isn’t a fan and neither is Bill Gates. Ditto for scores of great economic minds who call the rise of cryptos like Bitcoin a “bubble,” and a lot worse.   I have my doubts as well. I’ve seen too many Pets.coms in my career covering Wall Street to embrace a so-called currency that can’t even be used to buy a slice of pizza.  What has me thinking twice, however, is what’s going on in… Source link

Monero continued its rangebound movement between $239.4 and $215. Zcash showed weakness after recapturing the 23.6% Fibonacci retracement level, while a breakdown on Chiliz could highlight support levels at $0.29 and $0.156. Monero [XMR] Source: XMR/USD, TradingView With limited price swings during the month of March, it was possible that Monero was in an accumulation phase post the pullback in late-February. The region between $239.4 and $215 showed strong price oscillation as the buyers… Source link

This article is a collaboration by Glassnode and Bitcoin Magazine to introduce Bitcoiners to the world of on-chain analysis. Our aim is to simplify, demystify and improve access to on-chain data, helping you take the first steps into using these powerful new tools. The Bitcoin blockchain is one of the most organic sources of data into human behavior in a free market that the world has ever seen. From its cypherpunk roots without price, to today’s corporate adoption with eyes on… Source link

Benzinga Alibaba, Amazon, Palantir, Google, Takeda, Unity — What Cathie Wood’s Ark Bought And Sold On Thursday Cathie Wood’s Ark Investment Management sends out an email every night listing the stocks that were bought or sold by the firm’s ETFs that day. In recent months, the emails have known to cause certain stocks to see a spike in the after-hours session. Here’s a list of 39 stocks that the hedge fund bought and sold on Thursday. Trades For Ark Fintech Innovation ETF (NYSE: ARKF):… Source link

A new proof-of-concept for a Secret Monero Bridge has become public. Through this effort, there may be a bridge between Secret Network and Moenro in the future. Users who value privacy will want to pay close attention to this idea and its – hopefully – completion later this year.  The Secret Monero Bridge Explained Although the name may be a bit misleading at first, the proof-of-concept is genuine. Developers attempt to create a connection between Secret Network and Monero, two… Source link

NurPhoto/Getty Images Elon Musk announced this week Tesla has begun to accept bitcoin as payment for all models of its cars in the US. From a transactional perspective, the billionaire’s crypto-related announcements have been game-changing for bitcoin. That is quite evident from statistics showing crypto-related keyword searches on Google such as “invest in bitcoin” and “how to trade crypto” have seen more than a 1,015% jump in search volume since January alone, according to data from… Source link

It is estimated that Satoshi Nakamoto, the creator of BTC, will become the world’s richest person if the price of Bitcoin (BTC) hits approximately $182,000. As of March 2021, Amazon founder Jeff Bezos is the richest person on earth with a net worth of $181.6 billion. Elon Musk, the CEO of Tesla, is a close second at $163.7 billion, owning more than 20% of the electric car maker. How much BTC does Satoshi Nakamoto have?  Satoshi Nakamoto, the creator of Bitcoin, released the Bitcoin whitepaper… Source link

Bitcoin (CRYPTO:BTC) stands as one of the best-performing assets of all time, and the market-leading cryptocurrency has rallied roughly 700% over the last year to hit a price of roughly $54,000 per coin. As impressive as the cryptocurrency’s recent gains have been, there are stocks that could significantly outperform Bitcoin from here on out — and companies fresh off their initial public offerings (IPOs) are a good starting point if you’re willing to… Source link

Ethereum Ethereum rallied by 7.13% on Friday. Following on from a 0.32% gain on Thursday, Ethereum ended the day at $1,700.10. A bearish start to the day saw Ethereum fall to an early morning intraday low $1,586.81 before making a move. Steering clear of the 23.6% FIB of $1,579 and the first major support level at $1,550, Ethereum rallied to a late intraday high $1,700.70. Ethereum broke through the first major resistance level at $1,624 and the second major resistance level at $1,660. Resistance… Source link

Bitcoin has soared back after losing ground earlier this week, climbing toward its all-time high price of over $60,000. The bitcoin price hit an all-time high of around $62,000 per bitcoin earlier this month—more than double where it began the year—but has since fallen back, despite Elon Musk’s Tesla bombshell this week. Now, the billionaire founder of the world’s largest hedge fund and legendary investor Ray Dalio has warned he thinks there’s a “good probability” bitcoin will… Source link