Share to Twitter Share to Linkedin Bitcoin soared through much of 2021, helped on by the likes of Tesla TSLA and El Salvador embracing the cryptocurrency ( though Tesla CEO Elon Musk is increasingly backing the meme-based dogecoin ). Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains The bitcoin price, hitting an all-time high of almost $70,000 per bitcoin in November, has since crashed back, losing around 40% of its value and wiping $1 trillion from the combined crypto market. Now, Wall Street giant Fidelity has said other countries and even a central bank could follow El Salvador and Tesla into bitcoin this year—predicting those that buy bitcoin while the price is low "will be better off competitively than their peers." Sign up now for the free CryptoCodex —A daily newsletter for the crypto-curious. Helping you understand the world of bitcoin and … [Read more...] about ‘Astonishing’—An Investment Giant Just Advised Countries And Central Banks To Buy Bitcoin While The Price Is Low
Bitcoin today price
Share to Twitter Share to Linkedin Ether prices climbed today, rising above $3,200 this afternoon and then staying above that level since then. The world’s second-most valuable digital currency by market value climbed to $3,263.35 around noon EST, CoinDesk figures show. Since that time, it has traded within a very tight range, fluctuating between roughly $3,200 and $3,265, additional CoinDesk data reveals. Following these latest price movements, several analysts offered their takes on the cryptocurrency’s recent volatility and its future prospects. [Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.] ‘A Strong Bounce’ “We saw a bounce in the broader digital asset market today,” said Brett Sifling, an investment advisor for Gerber Kawasaki Wealth & Investment Management . “Ethereum had a strong bounce off the … [Read more...] about Ether Prices Bounced Back Today—What’s Next For The Digital Currency?
Share to Twitter Share to Linkedin Frankfurt, January 12, 2022 - Last year, the market capitalization of cryptocurrencies reached $3 trillion USD for the first time. At the beginning of the 2021, it was less than $800 billion USD. DeFi now has a total value locked (TVL) of $100 billion USD on Ethereum alone. But NFTs have been the most surprising, flanked by complementary areas like metaverse and GameFi. Who can claim to have foreseen these developments? Looking into the future is notoriously difficult. Nevertheless, we dare to make predictions for the year 2022. It will be exciting to see whether they come true. 1. Bitcoin price reaches $100,000 USD and the crypto asset market grows in breadth and depth Rising inflation rates make scarce assets like Bitcoins (BTCs) increasingly attractive. Bitcoin is not only the oldest, most decentralized, and best-known cryptocurrency - a distinctive feature compared to other cryptocurrencies is its limited supply of 21 … [Read more...] about 10 Predictions For Blockchain, Crypto Assets, DeFi, And NFTs For 2022