If you think that the recent approval of two Bitcoin exchange-traded funds on Wall Street will bring some stability to the cryptocurrency markets, you may be surprised by what Changpeng Zhao, founder of the premier exchange Binance has to say about this matter. Changpeng Zhao recently went on record to…
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99Crypto
A Guide to Bitcoin Price Actions
Bitcoin has long demonstrated a pattern of hitting local tops when market-anticipated events wind up happening. A recent launch of a Bitcoin EFT on 10/19 maintained this pattern, driving a rally to new records of over $66,000. The price has since come back under $60,000, leaving investors…
Bitcoin Has A Bright Future According To Industry Analysts
The week ending October 24th was particularly momentous for the digital currency market. Bitcoin was the token that attracted the most attention from Wall Street investors and financial news media markets during the week. The release of BITO, an exchange-traded fund recently approved by the United States Securities and Exchange…
Blockchain Start-Up Company, Mojito and its Innovation Involving NFTs
Prestigious auction house Sotheby's is now one of the investors in Mojito, a blockchain startup that specializes in the development of non-fungible tokens (NFTs). The most recent funding round conducted by Mojito resulted in $20 million in seed capital. The company is now valued at $100 million, and…
Chainlink Node Release For News: What AP Cryptocurrency Initiative Had to Say About Future Plans
In an announcement made on October 21, the Associated Press publicly released their plans to launch a Chainlink node for news use. The director for AP's cryptocurrency initiative spoke about the Associated Press' decision and the reasoning behind the plans. What Information Will the Associated Press Provide…
The New Bitcoin ETF is Giving Prominence to DeFi Projects
October 2021 will always be remembered as the month when Bitcoin took the first solid step towards achieving legitimacy on Wall Street. On October 20, Bitcoin sailed past the $67K trading level following an incredible two-day rally that materialized with the listing of the first exchange-traded fund featuring a digital…