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Charlie Lee is the founder of the fifth-biggest cryptocurrency. The software engineer founded Litecoin in 2011 and recently sold and got rid of all the holdings in his possession. Mr. Lee mentioned that Litecoin has done him only good and has helped him financially and for this reason, he no longer needs to rely on its benefits. He went on to say that he is well enough financially. In Lee’s words “For the first[…]
Crypto mining in Texas face electricity cutoffs The governor of Texas Greg Abbot has announced an important notion to the crypto miners of Texas. February of last year the state’s power grid malfunctioned due to bad weather and left a hundred citizens dead. Mr. Abbot warned the crypto mining community to be cautious that in the case the power grids appear to fail they shut down the system so the incident doesn’t repeat itself.[…]
The cyber attackers of North Korea have stolen crypto. They managed to use millions of dollars’ worth of digital assets to fund missile programs located in Pyongyang. A UN report said the following “According to a member state, DPRK cyber-actors stole more than $50 million between 2020 and mid-2021 from at least three cryptocurrency exchanges in North America, Europe, and Asia.”According to Reuters, a report was sent out to the UN this past Friday.[…]
Ray Dalio: Bitcoin will be a player, but it’s not the only one The billionaire Ray Dalio has spoken about his holdings of Bitcoin and Ethereum. The value of cash has been a topic of discussion for many crypto investors therefore institutional and individual investors have both moved their holdings into cryptocurrency. Due to this reason, Bitcoin and Ethereum have become more popular. In an interview with Yahoo! Finance Ray Dalio spoke about the[…]
Cathie Wood, CEO of ARK Invest, reveals her outlook on cryptocurrencies The ARK Invest CEO Cathie Wood has more often shared her outlook on Bitcoin rather than Ethereum. She states bitcoin being undervalued several times. Woods believes the asset has tremendous growth to do in the coming years. In addition, mentioning that Ethereum is even more undervalued than Bitcoin. The Bitcoin and Ethereum debate have been an ongoing competition for years now and has[…]
Litecoin is slowly but surely becoming more acceptable for public use, various merchants are beginning to accept Litecoin as a form of payment. As so, the value will therefore increase over time. Litecoin has been in the business for quite a while now and being that it has not experienced any outages is a good sign. It is seen as a trustworthy cryptocurrency that is worth relying on. Being that it has not had[…]
Ben Chon left his job as an investment banking analyst in 2018, it was a job that could’ve brought him success. He ventured and opened a YouTube channel called Rareliquid that focuses on giving advice on various topics from cryptocurrency to stocks and careers. Chon has over 71,000 followers and has earned $26,000 in the month of November alone. In an interview with Insider Chon elaborated about his YouTube channel. He said, “I’m not[…]
Ethereum has had a great year thus far, it has gone up in value by about 440% and experienced a recent surge in December. We believe that there is a good chance it can reach the $4,000 mark by the end of the year. In order for Ethereum to reach $10,000 next year, it would need to go up more than 150% putting the market cap at $720 billion. Whereas Bitcoins market cap stands[…]
Michael Jordan the former American basketball player and his son Jeffrey Jordan have together launched a Web 3.0 platform in a mission to connect fans to their favorite athletes. Tweeted on December 15th by a Sports business producer at CNBC named Jess Golden, that the father-son duo is to launch their tech venture called Heir Inc. in 2022. Heirs aim is to introduce a new era of digital culture. Heir on its website said[…]
After a week of constant declines with Cryptocurrency, Wednesday came with signs of recovery. In the meanwhile, dogecoin was growing and showing high market values and the prices of meme coins have risen significantly. This was in result of Elon Musk the CEO of Tesla tweeting that he will start accepting it as a payment method for Tesla merchandise. Dogecoin went up 33% to $0.21 before going back to $0.17. It is currently trading[…]