They say the bigger they come, the harder they fall, and DeFi sure fell hard during this market dip. With that, NFTs have suddenly become the next big thing. NFTs are unique tokens that are not interchangeable as a result of their distinctive characteristics. As “one-offs,” the idea of investing in NFTs is gaining ground.…
Just nine weeks ago, the crypto market fell off the face of a cliff.Within 24 hours, from the peak to trough, the price of Bitcoin fell by more than 50% from ~$7,600 to $3,700. It was a move caused by a global liquidation event in all markets, triggered by a run for cash to respond…
While Bitcoin has embarked on a steep recovery since the $3,700 lows seen in March, some have still been questioning the value of cryptocurrency. Case in point: a hedge fund manager named Mark Dow recently shared that he thinks the cryptocurrency is on the “edge of a cliff,” adding:“I’ve been saying…that Bitcoin on the chart…
If you’ve been on Crypto Twitter over the past 24 hours, you have likely noticed one Bitcoin-bashing tweet from Peter Schiff. The message, which can be seen below, shows the libertarian investor claiming that BTC’s price chart “looks horrible.” Related Reading: Happy 18 Millionth Bitcoin! BTC Scarcity Implies Large Price Rally Schiff, in fact, remarked…
One of the current negatives in the crypto industry is the tribalism and Bitcoin bickering between rival clans online. While healthy discussion on the pros and cons of virtual money should be encouraged, it often deteriorates into digital mudslinging which detracts from the real issues at hand. Schiff vs Pomp in Bitcoin Battle Goldbug Peter…
Kevin O’Leary, the judge of the popular business reality show Shark Tank, has slammed Anthony Pompliano for allocating half of his wealth to bitcoin. “Shame on you,” the television personality told Pompliano on the sidelines of a CNBC Squawk Box debate about bitcoin’s performance against gloomy macroeconomic periods. O’Leary stated that he purchased $100 worth…
While shunning Bitcoin (BTC), central banks have embarked on somewhat of a gold buying spree. Russia’s monetary authority, for instance, now owns over $100 billion worth of the precious metal, which amounts to over 2,000 tons, after purchasing 20 tons just weeks ago. Related Reading: California City Confirms It Was Hit by Bitcoin Ransomware Attack…
According to Anthony “Pomp” Pompliano, Bitcoin (BTC) is seeing inflows from the chief investment officers of some “multi-billion dollar institutions”. Related Reading: Analyst: Crypto Markets Likely to Plummet 61% Before Next Bull Run Begins; Here’s Why While this is not direct investment from funds — be it family offices, hedge funds, pensions, venture funds, or…
Last night, the entire crypto Twitter became electrified with chatter when United States President Donald Trump tweeted about “magic internet money,” also known as Bitcoin and cryptocurrencies. According to Morgan Creek Digital partner and co-founder Anthony “Pomp” Pompliano, while Trump’s tweet was indeed significant, it also sheds a light on how Bitcoin is designed to…
For a while now, Anthony Pompliano has been a leading champion of Bitcoin (BTC). Best known as “Pomp”, the Facebook staffer-turned-crypto investor and media tycoon has garnered over 100,000 followers on Twitter while lauding BTC. Case in point, his catchy quips, “Long Bitcoin, Short the Bankers” and “Bitcoin is never down”, have become industry favorites,…