Report Shows Bitcoin and Ethereum Market Cap Could Surpass Gold
Despite several flash crashes, market dips, and lengthy consolidation periods, the market’s belief in Bitcoin remains unshaken. In a recent study report, ARK Invest, an American financial business, predicts that Bitcoin and Ethereum will reach $1 million in value by the end of the decade, with Ethereum valued at $180,000. Long-term optimism is still present. […]
Survey shows Crypto is a hedge for 46% of Russian retail investors
In October, Bitcoin surpassed Tether and Litecoin as the most popular cryptocurrency in Russia. According to a new poll, over half of retail investors in Russia believe that cryptocurrencies like as Bitcoin (BTC) are a hedging asset connected with consistent income. Investing.com questioned 1,000 Russian retail investors to find out which forms of alternative investments […]
See why crypto billionaire abandons Ethereum
Su Zhu, the CEO of Three Arrows Capital, delivered a harsh tweet against Ethereum and its community. He claims to have firmly abandoned the second-largest cryptocurrency due to its exclusive nature for newcomers, which he attributes to its discriminatory nature for newcomers. Yes I have abandoned Ethereum despite supporting it in the past. Yes Ethereum […]
IRS seized crypto worth $3.5B this year and it expects to seize much more in 2022
The Internal Revenue Service (IRS) of the United States released its annual Criminal Investigation (CI) report on Thursday. The bureau claimed seizing $3.5 billion in cryptocurrency during the fiscal year 2021. According to the most recent criminal investigation report, this sum accounted for 93% of all assets confiscated by the IRS that year. The IRS […]
Report shows Citadel founder Kenneth Griffin beat crypto group in US Constitution copy auction
Citadel founder and CEO Kenneth Griffin won last night’s frantic bidding for a rare copy of the United States Constitution, according to the Wall Street Journal. The winner of yesterday night’s frenzied auction for a rare copy of the United States Constitution, which spurred a week-long attempt among a group of crypto enthusiasts to amass […]