Entrepreneur and author of the bestseller "Rich dad, poor dad" Robert Kiyosaki believes that the US Federal Reserve System's (US Fed) incompetence is killing the US economy, so the price of Bitcoin will grow to $75,000 in three years. The businessman shared his point of view recently on Twitter: Source: Twitter As can be seen in the tweet above...
Is the next bull run in the cryptocurrency market just around the corner, because of the upcoming Bitcoin halving? Today we would like to talk about the upcoming Bitcoin halving and a few different scenarios on how it may affect the price of the cryptocurrency. But, before we start, let's explain briefly what Bitcoin halving is. During this even...
With the third Bitcoin halving taking place in less than 12 hours, the volatility in the crypto market has increased solidly. The price of Bitcoin recorded a sharp price decline during the weekend – BTC/EUR dropped from the psychological level of €9,000 to approximately €8,000. However, the price decline didn't scare the cryptocurrency enthusia...
Ethereum's inflation rate will be reduced with the upcoming ETH 2.0 upgrade, according to a podcast interview called «Internet Money» in which POV Crypto talked with Vitalik Buterin about the future of the cryptocurrency. During the interview, Buterin explained that one of the ideas behind the transition from Proof-of-Work to Proof-of-Stake is t...
The cryptocurrency market will grow from billions to trillions of dollars, according to Ethereum (ETH) co-founder and Cardano (ADA) founder Charles Hoskinson. The prominent cryptographer and mathematician shared his optimism about the cryptocurrency industry in a recent interview with Cointelegraph. Hoskinson explained that one of the key driver...
Institutional investors continue to pour money into cryptocurrencies, according to a Q1 2020 investment report released by Grayscale last week. Grayscale is the largest digital currency investment fund that has $1.68 billion in assets under management. Their latest report says that the company was able to grow its investment base by $503.7 milli...
On Wednesday, April 8th, the Bitcoin Cash (BCH) halving took place at block 630,000. It was the first-ever halving for BCH and now the amount of newly minted coins as block reward is 6.25 instead of previously 12.5. Before the halving, some traders and Bitcoin Cash supporters had claimed that the block reward reduction would decrease the inflati...
Last week, Blockstale BM, a Bitcoin startup in Nigeria, installed the first BTC Automated Teller Machine (ATM) in the country. Now a large number of individuals will have the chance to buy cryptocurrency with cash in Nigeria without the involvement of any third party. Along with Nigeria, according to CoinATMRadar.com, seven other African count...
On March 27th, President Donald Trump signed the $2 trillion COVID-19 relief bill – the largest economic stabilization package in US history. Many cryptocurrency enthusiasts view such kind of financial decisions as pro-inflationary. That's why in a Twitter post, Blockstream Chief Strategy Officer (CSO) Samson Mow, a prominent Bitcoin maximalist,...
A US District Court has recently sided with the Securities and Exchange Commission (SEC) and issued an injunction preventing Telegram from releasing the Telegram Open Network (TON) blockchain and the Gram token. It is the latest blow to Telegram's ambitious project. Telegram had been planning to release both the blockchain and its native cryptoc...