According to a recent survey conducted by the investment banking giant Goldman Sachs, some investors are very bullish about the future price of Bitcoin. The digital asset business unit of Goldman surveyed 280 clients. According to the results shared on Thursday by the firm’s Max Milton, 40% of those
While the cryptocurrency market has been graced by investments from MassMutual, MicroStrategy, Tesla, and several others, a recent report from JPMorgan revealed that most institutions are unlikely to invest in digital assets in the near future. According to the report, which was published by Business Insider on Wednesday, 78% of
Ethereum developers have shared some details on the upcoming Berlin hardfork, including a list of Ethereum Improvement Proposals (EIPs) to be included in the update. According to the latest information from Georgious Konstantopoulos, the ETA of the hardfork is block 12,244,000 for mainnet, block 4,460,644 for
Gary Black, a former Goldman Sachs executive has advised auto manufacturer Tesla to get out of Bitcoin in favor of a buy-back of company stocks. Black, who was once the chief investment officer at Goldman, believes that the move could reignite the momentum of Tesla stock prices. Imagine the positive
Many investors have been left hanging as news broke yesterday that one of the new yield farming protocols running on Binance Smart Chain was hacked. It is purported that 73,635 BNB and another 13 million BUSD were stolen from Meerkat Finance in the hack. In total, over $30 million
Beyond Bitcoin price targets of $100k and even $400k, Jesse Powell, the CEO of crypto exchange Kraken, has set what may be considered by many as a ridiculous price prediction for Bitcoin. The CEO in a recent interview with Bloomberg said that Bitcoin could reach $1 million within the next
In yet another interesting plot twist to Ripple’s ongoing battle with the U.S. Securities and Exchange Commission (SEC), the former has provided two key arguments on why Judge Analisa Torres should throw out the case. Matthew Solomon, the legal counsel representing Ripple’s CEO Brad Garlinghouse took a
News
Shark Tank star and American billionaire investor, Mark Cuban, has taken to the streets of Twitter to tackle the ever-vocal gold bug, Peter Schiff. Replying to a tweet from Schiff accusing early Bitcoin investors of pumping and dumping the digital asset, Cuban said that gold is a dying store of
Amid tweets from the Tesla boss Elon Musk and renowned rapper Snoop Dogg, Dogecoin became a buzzword on Twitter in February. According to data from crypto tracker ICO Analytics, mentions of the meme coin on Twitter last month were more than any other digital asset, eventually overtaking Bitcoin in terms
According to Glassnode, a data analytics website, the number of Bitcoin on exchanges is beginning to decline, an indication that Bitcoiners have resumed accumulating the digital gold. The amount of Bitcoin held on exchanges has gradually declined since the beginning of 2021. As reported by BTC PEERS on February 14,
News
Unprecedented rates of dollar production injected directly into the global economy have left many searching for a safe place to park their funds. Stocks and property are considered overvalued, and gold’s true value distorted by derivatives. Accordingly, many are now looking towards cryptocurrencies. Once a fringe asset class, the
Renowned American DJ 3LAU has become the first artist to auction a tokenized version of his music album. The record-breaking album sold as 33 non-fungible tokens (NTFs) for over $11 million on Origin Protocol, a decentralized marketplace built on Ethereum and IPFS technology. The NFT sector is proving to be
One of the major grey areas of Bitcoin as a medium of exchange or store of value is its energy consumption. Critics and environmentalists have continued to slam the digital asset for being power-hungry, amid rising global warming concerns. However, the billion-dollar question that everyone is asking - “how much
Canada has set the pace in the world of crypto ETFs. Whilst the country recently approved two bitcoin exchange-traded funds (ETFs), U.S. regulators are yet to give the go-ahead to Bitcoin ETFs. Eric Balchunas, a senior ETF analyst at Bloomberg, believes that this will change in the coming months.
Despite a ban from the Central Bank of Nigeria restricting banking interactions with crypto-based activities, the vice president of Nigeria, Yemi Osinbajo, sees the potential for cryptocurrencies and blockchain. As reported by BTC PEERS, mixed reactions have trailed the ban on cryptocurrencies by Nigeria’s apex bank. Some officials have
News
Whilst the first three weeks in February were exciting for the crypto market, things took a different turn on Feb. 22, 2021. But despite the market turmoil, a report from CryptoCompare shows that the aggregate assets under management (AUM) across all ETPs rose by 50% to a record $43.9