Jürgen Schaaf, advisor to the Senior Management of the Market Infrastructure and payments business area of the ECB, has suggested that Bitcoin, the leading cryptocurrency by market cap, should be eliminated. “There are compelling reasons to advocate for policies that curb Bitcoin’s growth or even eliminate it,” he said in a recent social media post. He […]
Category Archives: Coins
As we enter the tenth month of the year, the cryptocurrency market continues to struggle, having already lost over $213 billion in total capitalization since the beginning of the week. Most of this decline is, of course, due to the fact that the market’s flagship, Bitcoin, failed to break through a key level of dynamic […]
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An anonymous Bitcoin (BTC) whale from the Satoshi era has awoken after 13.4 years of dormancy and made its first transaction, according to a report by Whale Alert. The wallet with the address “1FoicoWy” has been inactive since 17 June 2011, when it received a 20 BTC portion of a 1,033.96 BTC transfer between two anonymous […]
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Cardano founder Charles Hoskinson recently took to the X social media network to confidently declare that the popular proof-of-stake blockchain is still “number 1.” Hoskinson has explained it has a significant edge in decentralized governance over other blockchain projects. Moreover, he has teased other “amazing” items on the Cardano roadmap that will further set the […]
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Jan
Bitcoin and XRP are two popular cryptocurrencies that have become some of the main highlights of CoinShares’ latest weekly report on outflows and inflows into cryptocurrency-focused investment products. According to the data, crypto investment products saw $2.2 billion in inflows over the past seven days, the highest since July. Interestingly, the inflows are only seen regionally […]
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
19
Jan
Jan
BTIG, a global provider of investment banking and research services, has hiked its price target for Virginia-based business intelligence firm MicroStrategy (MSTR) to $240. This marks a dramatic increase from its previous price target of $180. According to BTIG, the implied Bitcoin premium within MicroStrategy’s valuation is nearing a record peak. The company’s market cap […]
Bitcoin’s massive price fluctuations have been captivating the minds of traders and investors for over a decade. The initial exchange rate for Bitcoin, the leading cryptocurrency, was established 15 years ago on Oct. 5, 2009, on the New Liberty Standard Exchange. As noted by Pete Rizzo, a prominent Bitcoin historian, the price of the flagship […]
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Jan
Pete Rizzo, a prominent Bitcoin historian, has noted that it has been exactly 13 years since The Economist, one of the most famous business media outlets, wrote off the cryptocurrency in its infamous article. The article, which was published on Oct. 21, 2011, claimed that Bitcoin was “in trouble” after it plummeted below $3 from […]