Bitcoin will not fall to $60K with no ‘threats in the near-term’ — Michael Saylor
Michael Saylor is planning a party for Bitcoin to hit $100,000 this year and says it won’t fall to $60,000 as predicted by some analysts.
Related Posts
What is ApeCoin and how does it work?
The first quarter of 2022 was abuzz with the talks about ApeCoin (APE), a cryptocurrency adopted to be the native coin of Bored Ape Yacht Club (BAYC), developed by Yuga Labs. Since the ApeCoin DAO came into being in April 2021, the BAYC has been among the top nonfungible token (NFT) collections with a vibrant…
CoinShares reports $21.7M loss tied to Terra implosion
The firm's book-making took a huge hit after being exposed to the TerraUSD collapse. 146 Total views 14 Total shares On Tuesday, European cryptocurrency investment firm CoinShares posted its interim Q2 2022 results. Compared to the prior year's quarter, the firm's revenue declined from 19.6 million pounds ($23.89 million) to 14.2 million pounds ($17.31 million).…
Pomp launches new venture fund, says ‘You’ll never regret betting on yourself’
He's chosen a rolling fund structure for reasons of flexibility. Anthony Pompliano, co-founder of Morgan Creek Digital, announced the launch of a new fund based around his own person and brand."Today I am announcing a new rolling fund that will be backed by a group of successful investors across Silicon Valley and Wall Street," Pompliano said…
Oyster Protocol founder gets 4 years jail for $5.5M tax evasion
Amir Bruno Elmaani, the 31-year-old founder of the now-defunct cryptocurrency scheme Oyster Protocol has been handed the maximum sentence of four years in prison for tax evasion.The United States Attorney’s Office said on Oct. 31 that Elmaani — also known by the alias “Bruno Block” — was sentenced to prison following his April 6 guilty
Bitcoin Price Bounces Back Above $10K on Fresh Bullish Sentiment
Bitcoin (BTC) price regained $10,000 Aug. 15 restoring investor confidence just hours after touching a higher low of $9,500 compared to the $9,3000 dip in late July. Bitcoin price embraces five figuresData from Coin360 shows BTC/USD put in a sudden rally on Thursday, gaining more than 5% in hours and subsequently holding onto support above $10,000. Bitcoin…
Digital Yuan: Weapon in US Trade War or Attempt to Manipulate Bitcoin?
After a short stay in the red zone, Bitcoin (BTC) has recovered toward $12,000, with traders turning bullish as ever. Experts call the United States-China trade war a key reason for the main cryptocurrency’s price fluctuations. Fuel to the fire has been added by the recent announcement by the People's Bank of China (PBoC) of plans…
Dubai to Abu Dhabi: How NFTs are used in the UAE
As the United Arab Emirates (UAE) continues to provide a welcoming regulatory framework for blockchain-based technologies, nonfungible tokens (NFTs) continue to prosper within the region and are being used by projects in various ways. From concert tickets to research and philanthropy, Cointelegraph went to Dubai and Abu Dhabi to explore how various crypto projects operating within…
Institutional Bitcoin Trading Volumes See Fourth Month of Growth, Diar Reports
Trading of institutional Bitcoin (BTC) investment products have seen growth for the fourth month running, and are rising against United States-based crypto exchanges as a percentage of total trading volume. The news was revealed in a new report from weekly crypto outlet Diar on April 8.Diar’s data reveals that month-on-month, the percentage that institutional BTC…