bitcoinist.com
bitcoinist.com
The ultimate news and review site for the crypto currency community.Source
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Always On: Bitcoin To Surpass S&P 500 Trading Time Within Two Years

Always On: Bitcoin To Surpass S&P 500 Trading Time Within Two Years

Recently, the discussion around Bitcoin “maturing” and becoming a respected mainstream asset, has prompted comparisons to the stock market, gold, currencies, commodities, and more. One notable difference between the stock market and Bitcoin is that the crypto market is always on, and because this exists, the leading cryptocurrency by market cap will have traded more hours than the S&P 500 since its debut in the 1950s. Investing and trading is never as easy as it sounds, and can lead to endless stressing over the natural ebb and flow of markets. Due to the cryptocurrency market’s wild...

October 20, 2020
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How Archie Will Enter Crypto, Will Launch NFT With Palm

How Archie Will Enter Crypto, Will Launch NFT With Palm

The next chapter of the popular comic book series “Archie” will be powered by crypto and its underlying blockchain technology. Per a press release, Archie Comics partnered with Palm NFT Studio to launch the “biggest writer’s room on the blockchain”. The partners will launch a new NFT collection called which has taken inspiration from “The Chilling Adventures of Sabrina”, according to a press release shared with Bitcoinist. The NFTs will drop on May 16th, 2022.The crypto assets will sell for $66.66 dollars each and will be created with additional collaboration from Archie artist Laura Braga...

Apr 15
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Looking Back At Coinbase’s First Year On The Stock Market

Looking Back At Coinbase’s First Year On The Stock Market

Last year, Coinbase made history when it became the first major cryptocurrency company to go public. It took the market by storm as big players such as ARK Invest jumped in to take advantage of such a unique opportunity. Coinbase has now been trading in the public markets for a year now and in that time has had its own fair share of ups and downs. We take a look at the Coinbase stock in this report and how it is performing one year later. Not A Good Year For Coinbase When Coinbase first made its debut in the public markets in April of 2021, it was welcome with open arms. The company had...

Apr 20
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Bitcoin Investors Have ‘Low' Financial Knowledge, Bank Study Shows

Bitcoin Investors Have ‘Low' Financial Knowledge, Bank Study Shows

Canadian bitcoin owners have little financial literacy and are susceptible to high levels of financial risk, a new Bank of Canada research shows. The Globe and Mail newspaper in Canada reported the study. According to the research paper, despite their in-depth knowledge of blockchain technology, most Bitcoin investors struggle with fundamental financial literacy. However, while being more aware than the average public, Canadians who are financially prudent are less likely to own the major cryptocurrency. Suggested Reading | Is Germany Truly The No. 1 Crypto-Friendly Country? Perhaps...

Apr 21
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Crypto Pyramid Scam: DOJ Charges Mining Capital Coin CEO In $62M Fraud Scheme

Crypto Pyramid Scam: DOJ Charges Mining Capital Coin CEO In $62M Fraud Scheme

The US Department of Justice charged Mining Capital Coin’s senior executive officer with conspiracy to commit a $62 million crypto investment scam. According to the DOJ complaint, Luiz Capuci and unnamed co-conspirators deceived investors over the profit-generating potential of MCC mining packages and a native token called Capital Coin, which was backed by the “largest cryptocurrency mining operation.” A complaint filed with the US Securities and Exchange Commission last month disclosed that Capuci has sold mining packages to at least 65,000 investors since January 2018. The group...

May 9
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Wanted: Conti Hackers - US Dangles $15 Million For Info On Russian Cybercriminals

Wanted: Conti Hackers - US Dangles $15 Million For Info On Russian Cybercriminals

The United States offered a reward of up to $15 million for information on the Russia-based cybercrime organization Conti, which has been accused of cyber-extortion attacks around the globe, State Department spokesman Ned Price said. The Conti hacker organization, one of the most successful and vicious Russian ransomware groups, has been responsible for hundreds of ransomware attacks over the past two years, according to a statement released by Price on Saturday. The State Department said Conti unleashed a ransomware attack against the Costa Rican government in April, which severely...

May 8
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$37B Sent To NFT Marketplaces, Almost Equal To 2021

$37B Sent To NFT Marketplaces, Almost Equal To 2021

No ResultView All ResultNo ResultView All ResultNFT investments have shown remarkable growth during the first half of the current year and are almost equal to the total sales volume for 2021. However, the crypto industry is experiencing a rare market condition.Related Readings |The by Chainalysis shows that investors sent a whopping $40 billion worth of cryptocurrency to smart contracts associated with NFT collections and marketplaces throughout 2021.Related Readings |Featured Image from Pixabay and the Chart from Tradingview.com For updates and exclusive offers enter your...

May 7
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The NFT Market Will Be Worth More Than $13 Billion By 2027 -- Report

The NFT Market Will Be Worth More Than $13 Billion By 2027 -- Report

In recent years, non-fungible tokens (NFT) has emerged from obscurity to become a vital part of the broader cryptocurrency industry. Analysts and market participants have forecast a prosperous future for the market in light of this new reality. According to a recent MarketsandMarket research, the NFT market is poised for a 35 percent increase by 2027. This means that the existing $3 billion market size will reach $13.6 billion by the end of that year based on the Compound Annual Growth Rate (CAGR) of 35.0% — if the interest among investors continues to grow. Suggested Reading |...

May 8
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Crypto Boom In The Gulf: Dubai, Abu Dhabi Fast Becoming Hotbed Of Digital Currency

Crypto Boom In The Gulf: Dubai, Abu Dhabi Fast Becoming Hotbed Of Digital Currency

In response to the global cryptocurrency boom, the United Arab Emirates has become a hub for the industry as a result of its crypto-friendly legislation, which have made it a favorite destination for digital currency aficionados. Dubai and Abu Dhabi are vying for cryptocurrency supremacy. Large exchanges, like FTX, which was last valued at $32 billion, are making their presence known in Dubai. In the shadow of the sail-shaped Burj Al Arab hotel in the buzzing city, bitcoin tycoons mingle with Emirati royals, Wall Street bankers, and social media personalities. The UAE is not lacking in...

May 7
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