Crypto

Bloomberg Explains the Reasons Behind Cardano’s Rise as ADA Beats Bitcoin with 100% Gains

Cardano’s Bloomberg, which also analyzes the cause of this upswing, highlights remarkable post-election success. Source: MSN Co-host Yvonne Man discussed the post-election performance of popular cryptocurrency assets, namely Bitcoin (BTC) and Cardano (ADA), on a recent episode of Bloomberg’s China Show. After the Election, ADA Beats Bitcoin in Performance Yvonne emphasized that since early November, […]

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Charles Hoskinson supports Coinbase CEO Brian Armstrong as Crypto-Czar

Cardano founder Charles Hoskinson has recommended coinbase CEO Brian Armstrong for the White House crypto position in Trump’s cabinet. Image: Cardano founder Charles Hoskinson (Source: CCN.com Highlights: The appointment of a possible “Crypto-Czar” to the White House is the subject of intense discussion in the cryptocurrency industry. It comes as President-elect Donald Trump is thinking

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Michael Saylor to Give Speech on Buying Bitcoin to Microsoft Board Before Vote

Saylor’s succinct but impactful Bitcoin pitch may cause a change in Microsoft’s cash-rich reserves. Source: Decrypt Michael Saylor, the chair of MicroStrategy and an enthusiast for Bitcoin, has confirmed that he will address the board of directors of Microsoft. The three-minute presentation will highlight the advantages of Bitcoin investing. “The activist that put that proposal

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Cardano Hits $0.81 During a Network Activity Uptick

Source: Coinpedia This month, Cardano has outperformed expectations by keeping up with and surpassing the upward trajectory of the larger cryptocurrency market. ADA stands out from other altcoins because of its notable increase in on-chain activity following a period of inactivity. The ADA transaction volume this week was $52.26 billion, according to statistics from Santiment,

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Experts Say XRP Could Take Off If It Hits the 2021 High

Longtime XRP critic Peter Brandt thinks that if XRP can break through the 2021 peak, the current setup for the cryptocurrency indicates extraordinary bullishness. Source: NewsBTC For the first time in almost three years, XRP recently crossed the $1 threshold, marking a significant milestone. Technical expert and seasoned trader Peter Brandt made a daring prediction

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Russia Authorizes 15% Cryptocurrency Trading and Mining Income Tax

Russia is changing laws governing miners and transactions and is proposing a 15% tax on cryptocurrency profits. Source: CryptoSlate By suggesting a 15% tax on profits from cryptocurrency transactions, Russia is attempting to control its expanding cryptocurrency industry. The Ministry of Finance has proposed this modification to clarify the framework for taxing cryptocurrency miners and

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Metaplanet Increases Stock Prices After Purchasing 124 Bitcoins

Source: CryptoPotato By acquiring an extra 124 Bitcoins, the publicly traded Japanese business Metaplanet has grown its overall Bitcoin holdings to almost 1,142 BTC. The portfolio that this investment has created is worth about 11.37 billion Japanese yen. After these acquisitions were announced, Metaplanet’s stock price increased by 15%. Bitcoin Holdings Total More Than 1,100

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MicroStrategy Increases Bitcoin Holdings Through Significant $4.6 Billion Acquisition

Software Company MicroStrategy has increased its holdings to over 331,200 BTC by carrying on Michael Saylor’s aggressive Bitcoin purchasing strategy. Source: CryptoPotato Key Points: The $4.6 billion Bitcoin buy doubled the size of its first acquisition that was revealed last week. The company’s founder and executive chair, Michael Saylor, acknowledged that it purchased 51,780 bitcoins

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