cryptocurrency

Galaxy Digital CEO recommends investing up to 3% of one's net worth into Bitcoin

Galaxy Digital CEO recommends investing up to 3% of one’s net worth into Bitcoin

“Look at it in five years, and it’s going to be a whole lot more,” opined Novogratz. With the price of Bitcoin continuing to test support around $19,000, Galaxy Digital founder and CEO Mike Novogratz recommends HODLing until 2025. In a Yahoo Finance Live interview published on Nov. 25, Novogratz said that the current Bitcoin […]

Deloitte: Financial institutions to boost future blockchain spending

Deloitte: Financial institutions to boost future blockchain spending

A representative from the company expects 2021 to be “a breakout year for blockchain.” Many financial institutions are poised to increase their blockchain spending in 2021, according to an upcoming survey from Deloitte titled Financial Services Industry Outlooks 2020. Preliminary results shared with Cointelegraph indicate that 27% of the institutions surveyed expect a “slight increase in

Price analysis 11/25: BTC, ETH, XRP, BCH, LINK, LTC, ADA, DOT, BNB, XLM

Price analysis 11/25: BTC, ETH, XRP, BCH, LINK, LTC, ADA, DOT, BNB, XLM

Bitcoin and most major altcoins could consolidate for a few days before starting the next big move. The crypto market has been in a strong bull run over the past few days, and that has pushed Bitcoin (BTC) to its second-best day ever. Almost every trader now seems to be fixated on the magical figure of $20,000

Facebook’s Libra hires former OCC prosecutor and central bank expert

Facebook’s Libra hires former OCC prosecutor and central bank expert

The Libra Association has made a key hire in its pursuit of a new cryptocurrency and payments system. The Libra Association, which manages Facebook’s quiet cryptocurrency project, has appointed a general counsel to oversee the development of its forthcoming payment system.  In an official press release, the Libra Association Wednesday introduced Saumya Bhavsar as the

SEC leader touts record on digital assets on his way out the door

SEC leader touts record on digital assets on his way out the door

The outgoing SEC director first joined the agency in 2017. Bill Hinman, outgoing director of the Division of Corporation Finance at the U.S. Securities and Exchange Commission chose to focus one of his last speeches on the commission’s achievements in regulating crypto during his tenure. In remarks published on the Securities and Exchange Commission, or

Price analysis 11/18: BTC, ETH, XRP, LINK, LTC, BCH, DOT, BNB, ADA, BSV

Price analysis 11/18: BTC, ETH, XRP, LINK, LTC, BCH, DOT, BNB, ADA, BSV

Bitcoin price looks ready to consolidate after reaching a new 2020 high and altcoins may attempt to recover from their sharp losses. Within the last 24-hours, Bitcoin (BTC) price hit an intraday high of $18,466.14 and this is just roughly 8% lower than the magical $20,000 figure being watched by many traders.  However, investors in

Cointelegraph to auction digital collectibles inspired by famous works of art

Cointelegraph to auction digital collectibles inspired by famous works of art

From ‘The Last ICO’ (pictured) inspired by da Vinci to ‘Silent Disco’ based on Henri Matisse’s ‘La Danse’, Cointelegraph artists have created unique NFTs for collectors. Cointelegraph is the most widely read cryptocurrency publication in the world — but even though we’re proud of our words, sometimes a picture is worth a thousand of them.

ETH 2.0 benefits will come faster than people expect, Vitalik says in AMA

ETH 2.0 benefits will come faster than people expect, Vitalik says in AMA

During a recent Ethereum Foundation AMA, Vitalik Buterin explained his expectations for Ethereum 2.0. Ethereum co-founder Vitalik Buterin recently answered a number of community questions as part of an ask me anything, or AMA, session on Reddit. During the AMA, hosted by the Ethereum Foundation’s ETH 2.0 research team, Buterin said that he expects noticeable

Binance files US lawsuit against Forbes and two cryptocurrency journalists

Binance files US lawsuit against Forbes and two cryptocurrency journalists

Cryptocurrency exchange alleges “millions of dollars” in losses as a result of what it describes as a “false and misleading” article. Binance has filed a lawsuit in the state of New Jersey against Forbes Media and two of its journalists, Michael del Castillo and Jason Brett, alleging that an article published under the title Leaked

Crypto lobby defends self-hosted wallets and P2P from rumored gov't crackdown

Crypto lobby defends self-hosted wallets and P2P from rumored gov’t crackdown

As everyone waits on new KYC and AML regulators, many speak out to keep unhosted wallets free of controls. Major players in U.S. crypto lobbying are coming out in defense of non-custodial wallets. On Tuesday, the Blockchain Association released a new report presenting policy options for self-hosted wallets to regulators. On Wednesday, Coin Center published

Trade finance: The latest industry to boost DLT adoption amid COVID-19

Trade finance: The latest industry to boost DLT adoption amid COVID-19

The COVID-19 pandemic has triggered the adoption of blockchain and DLT-based business solutions in the global trade ecosystem. As the coronavirus pandemic continues to push more people out of their offices, many companies across the globe are adopting decentralized ledger technology to mitigate its effects and remain operational.  Emmanuelle Ganne, senior analyst at the World

Time is our best friend: Bitcoin’s 12-month trajectory to 0K

Time is our best friend: Bitcoin’s 12-month trajectory to $100K

If you are in Bitcoin for the long haul, there is a reasonable path to $500,000 within the next decade. Back in June, I wrote that Wall Street remaining on the sidelines is not necessarily bad for our industry. While most traditional investors are still observing, Bitcoin’s (BTC) mainstream momentum has been building over the

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