Peter Brandt: “There is a parallel between the Bitcoin cycle and the events of 2016”

Cryptocurrency NewsBy 07/08/2024

The CEO of Factor compared the current market trend to the Bitcoin cycle that the first cryptocurrency made in 2016. The fall in value on August 5, 2024, corresponds, according to the businessman, to a similar fall eight years ago, after which bullish growth began. Peter Brandt analyzed several market indicators, including the level at which trading closed a week after Bitcoin’s halving. He then turned his attention to the post-halving drawdown and support levels…

Memcoins and Politics: Top Popular PolitiFi Tokens

Cryptocurrency NewsBy 06/08/2024

There are many crypto projects, each of which occupies a certain niche, be it the scientific field (DeSci) or, for example, social networks (SocialFi). Politics and memes dedicated to it have not been left out. In recent months, the entire world has been closely watching the presidential race in the United States, and, of course, many politicians have managed to create memecoins associated with them and their ideas. Usually, such tokens play on either the…

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency NewsBy 03/08/2024

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Robert Kiyosaki: Trump Was Right to Support Bitcoin

Cryptocurrency NewsBy 30/07/2024

The American investor and author of the bestseller “Rich Dad, Poor Dad” praised the Republican presidential candidate for his support of Bitcoin and silver. According to the entrepreneur, 90% of Americans currently work for “fiat, that is, counterfeit money.” Robert Kiyosaki announced that the US government continues to print more money, driving up inflation. The investor called on people to stop working for “fake money” and go buy bitcoins, silver and gold: “Don’t be a…

Donald Trump: “In my four years in office, Bitcoin has grown by 3900%”

Cryptocurrency NewsBy 29/07/2024

The Republican candidate for US President tried to lure as many crypto investors as possible to his side at the Bitcoin 2024 conference in Nashville, Tennessee. During the politician’s speech, the price of Bitcoin fell by $2,000, to $66,600, but later rose to $69,200. Donald Trump has promised to make the United States the world’s center for cryptocurrency mining and will not allow the sale of 210,000 bitcoins held on the government’s balance sheet. According…

Nigel Green: “Bitcoin will reach $100,000 by the end of 2024”

Cryptocurrency NewsBy 22/07/2024

Nigel Green, CEO of the financial company deVere Group, believes that the demand for the first cryptocurrency will continue to increase, and by the end of the year the BTC rate will reach $100,000. Nigel Green believes that the first cryptocurrency is the best investment asset at the moment, since the number of bitcoins is limited to 21 million coins. “Right now, Bitcoin is probably the best asset in terms of growth potential until the…

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency NewsBy 20/07/2024

MtGox creditors report unauthorized attempts to log into their accounts

Cryptocurrency NewsBy 19/07/2024

Creditors of defunct crypto exchange MtGox are worried about a series of unauthorized attempts to log into their accounts, raising fears of possible cyber attacks. Over the past 24 hours, the MtGox lenders subreddit r/mtgoxinsolvency has been flooded with reports of strange activity involving multiple login attempts. Many of the exchange’s customers have posted screenshots of failed attempts to log into their accounts. Some users suspected that hackers may have used a brute-force attack to…

Ripple: SEC May Withdraw Its Claims Against the Company

Cryptocurrency NewsBy 19/07/2024

Ripple’s management expects that after a series of unsuccessful lawsuits, the US Securities and Exchange Commission (SEC) will abandon further investigations and withdraw claims against the company. Today, July 18, Ripple was expected to receive a final verdict, drawing a line under the SEC’s multi-year investigation into the company related to possible violations of securities laws and the sale of digital assets without registration. However, the SEC unexpectedly canceled a closed-door meeting to discuss the…

Japanese company MetaPlanet buys $1.2 million worth of bitcoins

Cryptocurrency NewsBy 18/07/2024

Japanese investment giant MetaPlanet has purchased an additional 21.88 BTC for 200 million yen (about $1.2 million). The company now owns 225.6 BTC, which is valued at $14.6 million. MetaPlanet, formerly known as Red Planet Japan, was originally a budget hotel operator in Japan before rebranding itself as a Web3 and metaverse-focused organization. In April 2024, MetaPlanet announced plans to add Bitcoin to its investment portfolio by partnering with Sora Ventures and UTXO Management. MetaPlanet…

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