China is set to allow cryptocurrency mining.The nation hosts the four largest mining pools around the world.The Chinese government is making significant steps towards the adoption of blockchain technology.Cryptocurrency mining will be kept alive in China. The news come after President Xi Jinping announced that his country will “take the leading position in the emerging…
Author: Marcus
Traders are bearish on bitcoin after a 53% retracement.There may be more pain on the horizon but HODLers shouldn’t get shaken out.Bitcoin touts unique features that make the cryptocurrency an attractive long-term investment.Bitcoin’s price has corrected by as much as 53% from the 2019 high of $13,880. Investor sentiment has turned extremely bearish. A few…
Warren Buffett’s Berkshire Hathaway is sitting on a massive cash stockpile.Pierre Rochard criticizes the billionaire investor for his strategy of waiting for the value of the U.S. dollar to rise.According to Rochard, Buffett’s strategy is no different from bitcoin HODLers.The Oracle of Omaha, Warren Buffett, has been recently grabbing headlines because of his enormous cash…
Ray Dalio suggests the current economic climate will lead to a ‘new world order’ similar to post WWII.The next recession will cause national leaders to come together to solve a new world crisis.Dalio is an outspoken crypto skeptic but could he be a secret Bitcoin hodler?Billionaire hedge fund guru Ray Dalio is in China speaking…
Wilmington, Del. USA, November 26, 2019 — Buyaladdin.com, Inc. announced today that it has joined the Affiliate Program of online retail leader Overstock.com. Buyaladdin will now have access to Overstock’s large assortment of new home goods products at low prices, including furniture, décor, rugs, bedding, home improvement, and more. Buyaladdin plans to launch this initiative…
A rising number of companies in China are claiming to be related to blockchain technology.Multiple media outlets have issue warnings to put an end to the frenzy.The Chinese government vows for blockchain, not cryptos.Following Chinese President Xi Jinping’s decision to “accelerate the development of blockchain technology,” a massive number of companies in the nation claimed…
Charles Hoskinson remains ultra bullish on bitcoin.FUD takes over the cryptocurrency markets.Now might be a good time for long term BTC acquirers.Despite a recent bout of fear, uncertainty, and doubt within the cryptocurrency community, Charles Hoskinson – the creator of Cardano – has set a bullish $100,000 price target for BTC.Bitcoin is dying, or so…
NEO has surged 100% over the past few weeks.The bullish sentiment behind this cryptocurrency rally seems to be related to China’s decision to embrace blockchain technology.One trader says NEO may have a bright forecast.NEO, one of China’s most prominent blockchain projects, has been on a roll since Chinese President Xi Jinping announced that his country…
Following the mammoth BitMEX user data leak, the bitcoin exchange’s Twitter account was allegedly hacked.While under the perpetrator’s control, the account tweeted an ominous warning: “Take your BTC and run.”BitMEX withdrawals are currently disabled, at least for some users.Things have gone from bad to worse for BitMEX today as a mass leak of user emails…
A research report published by cryptocurrency firm Coinshares shows millennials’ increasing lack of trust in fiat currencies. A number of countries witnessed massive inflation in 2018, further hurting confidence in fiat. Google search for terms “bitcoin” and “cryptocurrency” increased at the same time and coincided with a surge in market cap cryptocurrencies. Last week, British…