Cathie Wood predicts Bitcoin values to be $500,000 in 5 years. Ark’s future exposure will likely be split 60-40 between Bitcoin and Ethereum. Institutional investors are devoting about 5% of their portfolios to bitcoin. Cathie Wood predicts a tenfold increase in Bitcoin values to $500,000 in 5 years. The big
September 16, 2021 2 mins read
Finally, a sign of relief for investors as bitcoin stabilizes itself after a crazy ride. With El Salvador purchasing over $20 million in Bitcoin and becoming the first nation to adopt it as legal money, bitcoin dropped from $52,000 only one week ago on Monday, September 6. With more and
September 16, 2021 2 mins read
A major upgrade over the weekend gave the Cardano network the ability to execute smart contracts, giving it a boost over competitors like ethereum. The hard fork update done yesterday allows smart contracts to be authored in Plutus scripts, which have been under development since May 2021. Pooltool, a Cardano
September 13, 2021 1 min read
NFTs have been around since 2014 and are currently gaining prominence in the digital art trade. Since November 2017, NFTs have been valued at $174 million. NFTs are also usually one-of-a-kind, limited run, and feature unique identification codes. With the Alonzo update, Cardano (ADA) will be able to use blockchain
September 13, 2021 2 mins read
Shiba Inu, a cryptocurrency launched last year, is based on famous memes, like Dogecoin. Despite the similarities, SHIB calls itself the “Dogecoin killer” in the crypto market. It has managed to steal some of Dogecoin’s thunder, but not enough to make a difference. It is significantly behind Dogecoin. SHIB has
September 13, 2021 2 mins read
Elrond Network, the development creators of the eponymous blockchain internet-scale protocol. Stated that the technology it produces had been incorporated into the Elrond blockchain digital asset infrastructure and business solutions provider Copper.co. Thus providing custody services for EGLD digital currency. EGLD is the Elrond Network’s native, capped supply and settlement
September 13, 2021 2 mins read