As Bitcoin hits the $100,000 mark, let’s revisit the first professional financial forecast predicting this milestone. Back on December 1, 2013, Wedbush Securities published a report outlining Bitcoin’s potential and projecting this price level. Wedbush Securities, a private financial firm offering investment banking services, became the first U.S. financial institution to accept Bitcoin as...
Whale Alert reported the issuance of another billion USDT, and I noticed that these tokens are frequently issued in batches of exactly one billion. According to Tether’s rules, token issuance involves the following: “Select the network protocol, provide the wallet address to receive the Tether tokens, and specify the total fiat amount to be wired to Tether. Choose the tokens...
MicroStrategy founder Michael Saylor has pitched a Bitcoin acquisition strategy to Microsoft CEO Satya Nadella and the company’s board. This isn’t Saylor’s first time advising top executives on Bitcoin. Since 2021, he has hosted conferences for enterprises, with overwhelming server traffic often highlighting the interest. Interestingly, Saylor never tells executives to...
In 2024, the cryptocurrency market continued its dynamic development, offering more opportunities for those ready to invest their funds. Even in the U.S., where financial activities are conservatively regulated, cryptocurrency-focused funds were introduced in 2024. According to CoinShares, these funds experience more frequent asset inflows than outflows. The end of 2024 will undoubtedly be remembered as...
The price of the TORN token surged by 450% after a U.S. appeals court ruled that OFAC overstepped its authority by sanctioning Tornado Cash. However, in my opinion, a far more significant event for cryptocurrencies focused on privacy is the resignation of the prosecutor handling the cases against Samourai Wallet and Tornado Cash...
Two weeks ago, I shared a post about NEAR’s integration with the Ethereum ecosystem. In that post, I noted how a similar integration between Cardano and Bitcoin had led to a significant rise in the ADA/BTC exchange rate. I suggested we watch to see if NEAR/ETH would experience a similar boost. And it did. Over the past two weeks, the NEAR/ETH...
I recently saw a curious reply in a community of an exchange offering both CEX and DEX modes. You can see it on the screenshot. My reaction? A Connect Wallet button doesn’t make a service decentralized! A similar misunderstanding appears on hecoscan.io, which just announced the shutdown of the HECO blockchain on January 15, 2025. HECO...
If you ask me to name the strongest argument for keeping savings in cryptocurrency, I would say this: Cryptocurrency is the only asset that no one can take away from me without my consent. * If I keep my savings in a bank, some authority could force the bank to withhold my funds, and the bank would...
Today marks the Zcash halving, and Grayscale is promoting its Grayscale Zcash Trust as an investment opportunity. But a quick glance at the Trust's Performance Chart shows a consistent decline in share value, mirroring ZEC’s falling price. 📉 It seems ZEC isn’t the token people buy expecting price growth. Even amidst today’s crypto hype, ZEC trades lower than at the end...
The closer Bitcoin’s price gets to $100,000, the higher Satoshi Nakamoto climbs on the list of the world’s richest people. At current levels, if Forbes recognized Satoshi Nakamoto, he would rank 13th. With 1.1 million BTC (according to Arkham), his fortune is worth over $107 billion - more than Rob Walton and family but still shy of Michael Dell’s $109.7 billion...