The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he will buy more bitcoin if and when the price of the cryptocurrency tests $20K. He noted that bitcoin’s price crashing is “great news,” adding that the “Time to get richer is coming.” Robert Kiyosaki Plans to Buy More Bitcoin Robert Kiyosaki, the author of Rich Dad…
Month: January 2022
Trump Family Discovers TrumpCoin: ‘Legal Action Will Be Taken’
A meme coin called TrumpCoin has caught the attention of members of the Trump family—and they are not amused. Donald Trump’s son, Eric Trump, today tweeted that TrumpCoin has nothing to do with the Trump family, is not authorized, and “legal action” will be taken. Fraud Alert: It has come to our attention that someone is promoting a crypto currency called…
Cardano projects SundaeSwap and CardStarter squabble over failed promises to investors
The ongoing drama between two projects built on the Cardano (ADA) blockchain escalated across multiple social media platforms Monday, much to the dismay of the ADA community. The issues began in April when accelerator program CardStarter announced it would launch its own decentralized exchange or DEX. Shortly thereafter, its founders incentivized investors to provide liquidity for the project on Uniswap in…
El Salvador Is Not Forcing Bitcoin Use
In November of 2021, El Salvador hosted two Bitcoin conferences and a plethora of international Bitcoiners descended upon the country. Most Bitcoiners seemed bullish on El Salvador, however, some have criticized the roll-out as “heavy-handed and in contradiction to the Bitcoin ethos.” While it’s important to provide constructive criticism, verifying these claims is equally important. The implementation may be far…
Boom or bust? Is there a way for Bitcoin price to hit $100K in 2022?
The internet is filled with Bitcoin (BTC) price forecasts. For example, some analysts believe that the flagship crypto will hit $1 million per coin in the next 10 years, while others think BTC price will eventually drop to zero. Without dwelling on predictions that are five or more years ahead of us, let us focus on what Bitcoin could do,…
Ethereum Foundation Kills ‘ETH 2.0’ in Favor of ‘Consensus Layer’ Rebrand
In brief Tactics have changed since the Ethereum 2.0 roadmap was first developed. Developers are changing their terminology to reflect these shifts. The good news for developers is that the next time someone (usually a reporter) asks them when Ethereum 2.0 is coming, they’ll have an answer: Never. The bad news? They’ll have to get a bit technical to explain…
Is The Bitcoin Lightning Network Centralized?
Bitcoin custody provider Casa held its annual Keyfest conference this month, and with it came many conversations around Bitcoin privacy, security and the Lightning Network. And one very important question was raised in the Q&A portion of the first session of the second day, “Lightning Network And Privacy,” hosted by Casa’s Andrew Yang, Impervious Developer Anthony Ronning, Surebit Software Engineer…
US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool Position – Mining Bitcoin News
Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data shows that Foundry USA has managed to command the top pool position with 755 bitcoin block rewards mined during the last 30 days. The United States Commands a…
Here’s 5 altcoins to study as crypto prices drop close to a 1-year low
The pain trade has been an unwelcome sight across the cryptocurrency market since the start of 2022 and over the past 24 days Bitcoin (BTC) and the altcoin prices have drifted, leading some analysts to suggest that a bear market is at hand. Despite traders’ concern that another extended crypto winter could be starting, it times like these when investors…
5 of the Biggest Bitcoin Crashes—And How This One Compares
The word “crash” is thrown around a lot in crypto headlines. But most traders wouldn’t use that term for a 9% Tuesday dip for Bitcoin—especially because BTC is just as likely to regain 8% on Wednesday. But the current crypto market malaise is different. Bitcoin has fallen 16.5% in just a week, while Ethereum is posting a 23% loss and…