The creator of the Bitcoin stock-to-flow model PlanB has stirred market excitement with his recent revelation about the price of Bitcoin. The analyst has in a very recent Tweet revealed that Bitcoin should meet the $100,000 price expectation by December of this year. PlanB reveals where the market is headed The Bitcoin market was in a recovery state for the […]
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Bitcoin tipping through the Lightning Network (LN) is coming to Twitter according to Kayvon Beykpour, Twitter’s Product Lead, who said soon Twitter will facilitate the ability to receive tips in bitcoin. This would be the first roll out of bitcoin tipping at a corporate level by a global social media platform. Details are sparse but a screenshot has been leaked […]
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“They may be fake, who knows what they are?!” So says the former president of the United States, Donald Trump, in finally revealing he has no clue. Speaking to Fox News’ 73 year old Stuart Varney, the 75 year old Trump said he doesn’t dabble in bitcoin or cryptos. “I like the currency of the United States… I don’t know, […]
Read moreShares of specialty retailer Conn’s, Inc. (CONN) are climbing more than 6% Wednesday morning after reporting better-than-expected second quarter results. Also, looking forward, the company has raised its full-year same store sales growth outlook to mid-teens from high single-digit. Net income in the second quarter was $37.0 million, or $1.22 per share, compared with $20.5 million, or $0.70 per share […]
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One of the world’s biggest asset manager has become one of the world’s biggest bitcoin bull with a top off model that blows all others out of the water. Jurrien Timmer, Director of Global Macro at Fidelity, presented earlier this month a method of valuing bitcoin that predicts it reaching $1 billion per coin in about two decades by circa […]
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In a recent interview, former White House Director of Communications Anthony Scaramucci, who is the founder and CEO of global alternative investment firm SkyBridge Capital (“SkyBridge”), shared his latest thoughts on Bitcoin. SkyBridge, which was founded in 2005 by Scaramucci, is “a global alternative investments firm specializing in multi-strategy commingled fund of hedge funds products, custom separate account portfolios and hedge […]
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The cryptocurrency industry’s growth has drawn a lot of attention, especially in 2021. Commentators in government at the international and national levels have had to express their stance on the industry and in particular, Bitcoin – which is the largest cryptocurrency by market valuation as well as the pioneer cryptocurrency. One such commentator, the International Monetary Fund (IMF), has recapitulated […]
Read moreBusiness services provider Zventus has launched a blockchain lab for the financial services industry, specifically focused on modernizing the mortgage sector. The new Mortgage Blockchain Lab will focus on developing new products, services, and solutions to enhance the loan process. Zventus’ core competencies is combined with blockchain innovations to make mortgage loans more secure, easier to manage, and more economical, […]
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Despite reports of increased mining difficulty across major cryptocurrencies increasingly often pointed at the massive Chinese miners’ exodus following crypto mining crackdowns in China, Bitcoin’s hash rate is recovering at an exceptional rate. The hash rate in crypto mining refers to a measure of the computational power per second use when mining or simply, the speed of mining. An increase […]
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