Bitcoin, gold on track to break out as ‘macro summer’ begins — Analyst
The beginning of the “macro summer” rally could help Bitcoin price reach a new all-time high and rally well into 2025, according to Raoul Pal.
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Goldman Sachs Gets Bullish on Bitcoin With a Price Target of $13,971
In a note to customers, Goldman Sachs gave a bullish forecast for Bitcoin price. Shared on Twitter, Aug. 11, the note suggests a short-term target of $13,971.Bullish analysis based on Elliott WavesThe target given is based on Elliott Wave Theory, which forecasts market trends by identifying extremes in investor psychology, along with price highs and…
Crypto could spark the next financial crisis, says India’s RBI head
Reserve Bank of India Governor Shaktikanta Das warned that if crypto becomes regulated and is allowed to grow, it could cause the next financial meltdown. 806 Total views 8 Total shares Own this piece of crypto history Collect this article as NFTThe governor of the Reserve Bank of India (RBI), Shaktikanta Das, did not mince…
Ruby on Rails creator backpedals about Bitcoin: ‘We need crypto’
Ruby on Rails creator makes u-turn on Bitcoin due to Canada’s financial crackdown on COVID-19 vaccine protesters. 807 Total views 5 Total shares Canada’s move to freeze Bitcoin (BTC) wallets and bank accounts related to COVID-19 vaccine protests is driving cryptocurrency adoption, with some crypto naysayers reconsidering their stance on Bitcoin.David Heinemeier Hansson, the Ruby…
Facebook whistleblower warns Metaverse will repeat ‘all the harms’
Facebook whistleblower Frances Haugen has taken aim at Meta in a new interview, suggesting that its version of the Metaverse will simply repeat all of its past mistakes.In an interview with Politico, Haugen said:"They've made very grandiose promises about how there's safety-by-design in the Metaverse. But if they don't commit to transparency and access and…
‘Can’t stop, won’t stop’ — Bitcoin hodlers buy the dip at $20K BTC
Everyone expects another Bitcoin (BTC) capitulation event, but data suggests that mass buying has already started.In a Twitter thread on June 29, Checkmate, lead on-chain analyst at data firm Glassnode, drew attention to who in Bitcoin is really stacking sats.Shrimp or whale, Bitcoin hodlers are stacking satsBitcoin selling has made the headlines for weeks, and…
G20 adopts IMF-FSB Synthesis Paper on crypto regulation
The Group of Twenty accepted the regulatory roadmap proposed in a joint Synthesis Paper of the International Monetary Fund and the Financial Stability Board. 227 Total views 2 Total shares On Oct. 13, the Group of Twenty (G20) — an intergovernmental forum comprising 19 sovereign countries, the European Union and the African Union — unanimously
Jack Dorsey cites Bitcoin as a better model for the internet in Trump ban explanation
Days after Donald Trump’s account was banned, Twitter CEO Jack Dorsey explained that it was the right decision, but still sets a dangerous precedent. 2379 Total views 13 Total shares Twitter CEO Jack Dorsey cited his passion for Bitcoin and decentralization in a 13-Tweet thread today explaining why the company banned U.S. President Donald Trump…
SBI Ripple Asia, Japan Payment Card Consortium Partner on Blockchain System to Fight Fraud
SBI Ripple Asia and the Japan Payment Card Consortium have announced a joint proof of concept (PoC) to combat fraud with blockchain technology, according to an official release published Nov. 16.According to the news release, the PoC will be conducted on R3's blockchain platform, Corda, and will aim to prevent damage wrought by fraudulent transactions…