Bitcoin Addresses Peaked at 38.88 Million in Late April Further investigating Mr. Peterson’s observation by taking a glance at Coinmetrics, reveals that the address growth on the Bitcoin network had been increasing steadily since early 2018 to hit a peak value of 38.88 million in April of this year. The chart below courtesy of the tracking website further demonstrates this […]
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Tom Lee, Head of research and partner at Fundstrat Global Advisors, in a note on Tuesday, has speculated that the price of Bitcoin could reach $100,000 by the end of the year, with an “everything rally” expected to drive the markets. As reported by Business Insider, Lee highlighted in the note the recent rally in Bitcoin that saw the cryptocurrency […]
Read moreClose on the heels of Jamaica, West African country Ghana is also getting ready to launch a pilot for the first general purpose Central Bank Digital Currency (CBDC) in Africa. To this effect, Bank of Ghana has inked a deal with German currency technology provider Giesecke+Devrient or G+D, to implement the pilot CBDC project as a precursor to the issuance […]
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Argentina may be nursing plans to adopt bitcoin (BTC) and other cryptocurrencies if the latest comments by President Alberto Fernandez is anything to go by. Hyperinflation has ravaged the country’s economy over the years and Fernandez has hinted that he’s cautiously amenable to crypto. Argentina’s President Fernandez Open to Crypto In an interview with local news sources on August 12, […]
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Max Keiser is one uncompromising Bitcoin advocate who is now more than ever convinced that at least half of U.S. politicians shall have adopted Bitcoin in the next four years. On Wednesday, the outspoken Orange Pill Podcast & Keiser Report host stated that despite there being a failed attempt to effect proposed crypto amendments in the now passed infrastructure bill, […]
Read moreShares of life sciences and materials science company Schrödinger, Inc. (SDGR) are down more than 5% in the morning trade on Thursday following second-quarter results. The company reported net loss of $34.64 million or $0.49 per share in the second quarter, wider than net loss of $3.35 million or $0.05 per share in the same quarter a year ago, on […]
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Popular cryptocurrency analyst Justin Bennett has revealed on social media he believes the price of bitcoin could hit $200,000 by the end of the year if the cryptocurrency manages to stay above two key levels in the near future. In a Twitter thread published to his followers on the microblogging platform Bennett, who’s also the founder of the CryptoAcademy newsletter, […]
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New York-based Neuberger Berman with $402 billion in assets under management, is the latest private investment firm to expand fund strategy to bitcoin and ethereum, a Wednesday filing with the Securities and Exchange Commission (SEC) reveals. The SEC filing says the firm’s Commodity Strategy Fund would allow its clients to access indirect exposure to bitcoin and ethereum futures for the […]
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Analysts had written Coinbase off a while back, opining strongly that the company’s shares would underperform. In a surprising turn of events, Coinbase shares outperformed the market’s expectations as shown in the company’s second-quarter revenue record. Coinbase earnings report beats bearish market forecasts On the 10th of August, Coinbase rolled out its Q2 earnings report, and the records were as […]
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