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The founder of the international fund Capriole Investment is confident that the first cryptocurrency is in the so-called “bored to death” stage. In his opinion, the current period of asset consolidation will last up to six months. Charles Edwards believes that Bitcoin prices will remain in a range with minor volatility until traders lose patience. The manager of Capriole Investment assumes that market sentiment will be as negative as possible before the end of the
Bestselling author of Rich Dad Poor Dad, Robert Kiyosaki, warned of a possible collapse in the US dollar if the BRICS economic bloc launches a gold-backed cryptocurrency. According to the forecast of American entrepreneur Robert Kiyosaki, if the BRICS countries launch an interstate stablecoin pegged to gold, then trillions of “counterfeit paper US dollars will flow back into America,” causing hyperinflation in the country. Ultimately, the US dollar will be destroyed, the billionaire said. Therefore,
The former head of the bankrupt crypto exchange FTX, in his first interview after the verdict was announced, said that he began trading raw materials, or rather, bags of rice. According to him, at the Brooklyn Detention Center, rice is the main currency, the main means of payment. Sam Bankman-Fried assured that he does not consider himself guilty of the collapse of FTX and plans to appeal. According to the businessman, he was set up
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
The co-author of the Bitcoin pooling platform BitSNARK and Grail spoke about the possibility of integrating transaction folding technology – rollups – into the Bitcoin network. Edan Yago believes that Bitcoin roll-ups will ensure transactions are scaled tenfold, allowing the Bitcoin network to be kept secure at the proper level. According to the specialist, unlike other scaling proposals, the BitcoinOS rollup developed by the BitSNARK and Grail platform does not require significant network resources: “Bitcoin
The co-founder of the Casa platform carried out a so-called griefer attack on the Bitcoin test network. The attack interrupted the synchronization of nodes, which was the first to be noticed by the scammers. Jameson Lopp said that his attack resulted in the creation of over 165,000 blocks in just a week. Under normal conditions, their creation would have taken several years. A “grief attack” involves the creation of many transactions that increase the load
The co-founder and CEO of MicroStrategy made it clear that instability in the world plays into the hands of Bitcoin holders. Michael Saylor, against the background of the escalating conflict in the Middle East between Israel and Iran, announced, verbatim: “Chaos is good for Bitcoin” The head of research at CryptoQuant, Julio Moreno, agreed with him. The collapse of the cryptocurrency market was necessary: “This sell-off is needed to reset traders’ unrealized profits to zero
The American entrepreneur and investor, author of the book “Rich Dad Poor Dad,” is convinced that the United States of America is already a bankrupt state. And he encourages his readers to buy Bitcoin. Robert Kiyosaki that stocks, bonds, and real estate in the US are now simply financial bubbles: “The US debt increases by $1 trillion every 90 days. Save yourself. Please buy more real gold, silver, bitcoins.” The writer constantly encourages everyone who
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
The head of digital assets at the investment company BlackRock, speaking at the Bitcoin Investor Day conference in New York, said that Bitcoin is more like a precious metal than a risky asset. Robert Mitchnick mentioned the correlation of the first cryptocurrency with stocks, adding that historically the average long-term correlation was close to zero, and Bitcoin also had periods when the price fluctuated with the price of gold. If you imagine the correlation graphs