Bookmarking Crypto Insights
While bitcoin prices have slid in value and the high network difficulty, the leading crypto asset is still quite profitable to mine according to current data. Despite the profitability, these days there are only a few manufacturers producing application-specific integrated circuit (ASIC) machines. Microbt, Bitmain Sell the Most Profitable Bitcoin Miners on the Market, But … Read more
Some of Bitcoin’s most influential holders bought the dip during last week’s market meltdown. Go to Source Powered by WPeMatico
The leading cryptocurrency exchange is also reducing its services in mainland China amid fears of growing regulatory scrutiny. Go to Source Powered by WPeMatico
Bitcoin price and altcoins take a series of heavy hits as the weekend sell-off deepens. Go to Source Powered by WPeMatico
The Carlyle Group’s co-founder, David Rubenstein, says that the idea of the government stopping cryptocurrency from being something that investors want is unrealistic. He believes that cryptocurrency is here to stay. It’s not going away as “It’s clearly something that the market wants,” he said. David Rubenstein Bullish About Crypto David Rubenstein, co-founder and co-chairman … Read more
The value of Ethereum is down 54% from its recent peak. Its combined market cap is now $226 billion, less than half of its all-time high. Go to Source Powered by WPeMatico
Former U.S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency is here to stay as a kind of digital gold. He believes that people want an alternative to gold that is “separate and apart from the day-to-day workings of governments.” Former World Bank Economist Larry Summers Sees Bitcoin as Digital … Read more
Here’s what crypto and blockchain experts think about the dichotomy between centralization and decentralization. Go to Source Powered by WPeMatico
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” says now that bitcoin is “crashing,” it is a buying opportunity, especially for those who said that they could not afford it before. Alternatively, he said they can “Buy coins that outperform bitcoin for pennies,” reiterating that the Fed, Treasury, and Biden are the problems, … Read more
Elon Musk, the CEO of Tesla and Spacex, has, at last, reaffirmed his cryptocurrency allegiance, after a series of contradictory signals that collaborated with the market plunge this past week. Musk affirmed he ultimately favors cryptocurrency against fiat-issued money on Twitter, something that was seen as a clear rebuff from his earlier statements where he … Read more