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Why this billionaire investor’s crypto-investment advice has no basis

Source Node: https://ambcrypto.com/why-this-billionaire-investors-crypto-investment-advice-has-no-basis/
Time Stamp: September 1, 2021 5:30 AM - Modified On: September 1, 2021 - Published By:
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Republished By Plato

The “Bitcoin is a bubble” theory has been touted for as long as the digital asset has existed. Despite Bitcoin providing optimum returns over the last few years, many traditional investors have failed to find value in the crypto. Billionaire investor and subprime broker John Paulson is the latest addition to this clique. In a recent interview, Paulson called crypto a bubble that will “eventually prove to be worthless.” Paulson had famously predicted and benefited from the U.S. subprime mortgage crisis in 2008 by placing a successful short position on

El Salvador’s First Official Bitcoin Commercial for Chivo Wallet Airs

Source Node: https://beincrypto.com/el-salvadors-first-official-bitcoin-commercial-for-chivo-wallet-airs/
Time Stamp: September 1, 2021 5:30 AM - Modified On: September 1, 2021 - Published By:
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The first advertisement for the bitcoin wallet of El Salvador, Chivo Wallet, has been released. The ad is effectively the first government ad of this sort.Sponsored Sponsored Released on August 31, the ad is a quick explainer of bitcoin, the Chivo wallet, and the cryptocurrency’s benefits. The wallet is set to be available from September 7. https://s32659.pcdn.co/wp-content/uploads/2021/09/Chivo.mp4Chivo Wallet ad: El Salvador President Nayib Bukele’s Twitter handle El Salvador’s President Nayib Bukele announced the wallet’s release date last week, confirming that the use of bitcoin would not be mandatory. This appeased

Join Third Annual Edition of Finnovex Middle East Summit: Hybrid Experience

Source Node: https://beincrypto.com/join-third-annual-edition-of-finnovex-middle-east-summit/
Time Stamp: August 31, 2021 8:00 AM - Modified On: August 31, 2021 - Published By:
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Exibex welcomes you to Finnovex Middle East, the Leading Summit on Financial Services Innovation and Excellence where the best minds in the Banking and Financial Services Industry converge. Sponsored Sponsored They are all set to witness the presence of 30+ industry visionaries, who would share case studies for you to learn from and exemplify exceptional organizational friction points, innovations, and accomplishments. Here is the Sponsors Roll-Call for this year’s edition:Sponsored Sponsored Powered By – RAKBANK Officially Supported By – Dubai International Financial Center (DIFC) Platinum Sponsor – SmartStream Gold Sponsors

This is driving Dubai’s cryptocurrency market to do ‘fantastically well’

Source Node: https://ambcrypto.com/this-is-driving-dubais-cryptocurrency-market-to-do-fantastically-well/
Time Stamp: August 30, 2021 5:30 AM - Modified On: August 30, 2021 - Published By:
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Republished By Plato

Dubai and the larger UAE have long been touted as rising tech and innovation hubs, providing entry points into Asia and Middle Eastern markets. With exponential developmental growth in the past decades, Dubai is now considered one of the fastest-growing metropolitan areas in the world. It would then not be surprising for some to speculate that the country could also rise up as one of the leaders in the cryptocurrency space. In a recent interview, Bittrex Global CEO Stephen Stonberg opined that Dubai is well-poised to capitalize from the growing cryptocurrency

Why Bitcoin reaching $100,000 is ‘quite possible’

Source Node: https://ambcrypto.com/why-bitcoin-reaching-100000-is-quite-possible/
Time Stamp: August 29, 2021 9:00 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Bitcoin, the world’s largest token’s recent surge, touched the $50k mark last week. However it did witness a correction of about 1.2% within a week. At press time it was trading just near the $48k mark. Irrespective of this correction, in a recent interview with Anthony Pompliano, CEO of Blockstream, Adam Back projected that bitcoin hitting the $100,000 mark this year was “quite possible.” Meanwhile, it’s interesting to note that Adam Back was notably one of the first people to own bitcoin, and one of the first to receive an email from

Litecoin, IOTA, Dogecoin Price Analysis: 27 August

Source Node: https://ambcrypto.com/litecoin-iota-dogecoin-price-analysis-27-august/
Time Stamp: August 27, 2021 2:00 PM - Modified On: August 27, 2021 - Published By:
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It has been a mixed trading day for the altcoin market despite Bitcoin breaking above $47k. Litecoin lost 2% of its value and was trading close to the $163.24 support line while IOTA declined by 5% and moved closer to the $0.795 price floor. Finally, Dogecoin flashed signs of consolidation with chances of a price reversal according to its technicals.  Litecoin [LTC] LTC/USD, TradingView Litecoin was trading at $169.49 after it lost 2% over the last 24 hours. The coin was trading close to the immediate support level of $163.24.

ZKSwap to incorporate NFT protocol ZKBox in V3

Source Node: https://ambcrypto.com/zkswap-to-incorporate-nft-protocol-zkbox-in-v3/
Time Stamp: August 27, 2021 4:05 AM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

The NFT market has grown to over $2.5 billion in the second quarter of 2021 from $13.7 million in the first half of 2020. According to the 30-day data recorded by dappradar.com, OpenSea alone captured a volume of $1.564 billion. Users who use, mint, and trade NFTs on the Layer2 Ethereum network face the challenges of high costs and illiquidity due to their uniqueness and desirability on a blockchain with a limited capacity. ZKSwap and ZKBox’s partnership ZKBox is a Layer2 NFT platform based on the ZK-Rollups technology. The ZKSwap

US Army Leverages Blockchain Technology for Tactical-Level Data Management

Source Node: https://beincrypto.com/us-army-leverages-blockchain-technology-for-tactical-level-data-management/
Time Stamp: August 16, 2021 2:10 PM - Modified On: August 16, 2021 - Published By:
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At the Command, Control, Communications, Computer, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) Center, US Army engineers are leveraging blockchain technology for tactical-level data management.Sponsored Sponsored The center is developing its new data management capability as part of its Information Trust program. It was also one among several prototype technologies tested during the Network Modernization Experiment (NetModX). This was held at Joint Base McGuire-Dix-Lakehurst, New Jersey in May. Removing contingencies At its core, the program is intended to provide soldiers “a mathematical, verifiable way of vetting their data, from sensor to

JP Morgan and Its Bitcoin Trading Service to Face Stiff Competition from Cryptocurrency Exchanges

Source Node: https://coinidol.com/jp-morgan-bitcoin-trading/
Time Stamp: August 10, 2021 6:28 AM - Modified On: August 10, 2021 - Published By:
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Aug 10, 2021 at 10:28 // News JP Morgan is finally offering bitcoin investment options to its customers after years of aversion to crypto investing, and is reportedly promoting its bitcoin product to its retail customers. However, the bank should be prepared for competition from cryptocurrency exchanges and similar banks. Sceptic becomes a believer After JP Morgan Chase discovered the potential of cryptocurrencies, the bank added Bitcoin to the list of assets its clients can invest in. Everything JP Morgan is doing now in regards to Bitcoin has proven to

Tezos, NEM, IOTA Price Analysis: 03 August

Source Node: https://ambcrypto.com/tezos-nem-iota-price-analysis-03-august/
Time Stamp: August 3, 2021 7:30 AM - Modified On: August 3, 2021 - Published By:
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Bitcoin tanked once more, falling to $38,692 as it experienced resistance at $42,000. Altcoins walked the same path and failed to hold prices beyond their resistance levels. Tezos had made minor gains but the bears took over at the time of writing. XEM’s attempt to test its immediate resistance was halted as the it fell by 4.6%. MIOTA was likely to fall below its current support level.   Tezos (XTZ) XTZ/USD, TradingView The price of XTZ was $3.07 at press time. It noted a minor gain over the last 24 hours

Chainlink Price Up 3.54% To $19.319 – How To Buy LINK

Source Node: https://insidebitcoins.com/news/chainlink-price-up-3-54-to-19-319-how-to-buy-link
Time Stamp: July 27, 2021 5:14 PM - Modified On: July 27, 2021 - Published By:
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Republished By Plato

Chainlink is one of the top crypto projects in the industry. The blockchain platform enables the use of real-world data from off-chain sources. This way, a crypto protocol can gather information from data pools, application program interfaces (APIs), and several other sources aside from its on-chain data. This unique attribute has made Chainlink the go-to source for all blockchain platforms. Its LINK token has had a stellar year after increasing more than 300% from its entry price of $11.87 on Jan. 1 to $52.70 on May 10. This has been