The host of Mad Money, Jim Cramer, has some advice for crypto investors. “As long as you recognize the very real possibility that the whole investment case for crypto rests on the greater fool theory, you’ve got my blessing to speculate on it,” he said. Cramer added that he is holding ether because he believes “there could be millions of…
Apple co-founder Steve Wozniak sees bitcoin as mathematical purity, praising its fixed supply. However, he said that governments will never allow it to be out of their control. “If it got to the point where everything is being done in crypto and didn’t pass through governments for observation and taxation and all that, governments would just disallow it,” said the…
Supply chain shortages are starting to reveal many geopolitical dependencies on external actors for different resources, and the overall fragility that those dependencies can create for any given nation when supply chains are stressed. All it takes is for one little domino to tip and problems cascade through the entire system. It should come as no surprise that nations are…
Trading platform Robinhood has reported that 40% of its cryptocurrency transaction-based revenue was attributable to transactions in the meme cryptocurrency dogecoin in the third quarter. By comparison, dogecoin accounted for 62% of the company’s transaction-based revenue in the second quarter. Dogecoin Trading on Robinhood Robinhood Markets Inc. stated in its quarterly filing with the U.S. Securities and Exchange Commission (SEC)…
Throughout 2021, there’s been a number of people who have said they expect bitcoin to reach $100K by the end of this year. In more recent times, the six-digit bitcoin price forecasts continue as people are now saying a sudden move to $100K “doesn’t seem so far-fetched.” The Probability of Bitcoin Hitting $100K — ‘Don’t Rule It Out’ Many bitcoin…
press release PRESS RELEASE. Austin, Texas – LGND Art Inc. announces its foremost curatorial effort to date, a major NFT art show in the form of a gallery to appear exclusively at ComplexCon 2021. Sponsored by Coinbase, the exhibition will include global artists in a unique group that includes Mad Dog Jones, James Jean, Joshua Davis, Matt Gondek, Fvckrender, Michael…
Recently, I had the privilege of reading an op-ed in the New York Magazine describing the very public positions of several Wall Street investors and academics regarding bitcoin. Most notably, New York University Professor Nassim Taleb (who had previously been favorable to bitcoin, citing its potential to help individuals circumvent capital markets) called bitcoin “a Ponzi scheme,” while hedge fund…
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Bakkt shares skyrocket after partnering with Mastercard and Fiserv On Monday, the share price of the…
The nonfungible token (NFT) market is growing. According to a new report by analytics platform DappRadar, NFT trade volume soared past $10 billion during the third quarter of 2021, a sevenfold increase from the previous quarters figure. Although a significant slice of that action comes from runaway hits like NBA Top Shot, CryptoPunks and gaming platform Axie Infinity, NFT use…
On October 29, 2021, the second-largest crypto asset in terms of market valuation, ethereum, reached an all-time price high at $4,467 per unit. Meanwhile, after the Ethereum network’s Altair upgrade went live, ether gas fees have skyrocketed significantly. As Ethereum Tests New Price Highs, the Average Ether Transfer Fees Onchain Skyrocket The two leading crypto assets by market valuation have…
