Posted in Crypto News

Paris Hilton, Long Time Bitcoiner Very Excited about Bitcoin

Paris Hiltion, business-savvy influencer disclosed in a recent interview that she has been a long time Bitcoiner.

Hilton is super excited about the number one cryptocurrency by market cap, saying that the cryptocurrency is definitely the future.

The socialite turned business mogul is also planning to launch her first set of non-fungible tokens (NFTs) this month after partnering with some “incredible” artists.

Posted in Crypto News

Mark Cuban Owns 30% ETH, Believes It’s Closest to true currency

The Billionaire Mark Cuban believes Ethereum is the closest thing we have to being a true currency and views Bitcoin as a better alternative to gold.

He made the comments as a guest on a recent episode of the Delphi Podcast, saying that Defi and NFT made him excited about crypto.

His portfolio records 60 percent Bitcoin, 30 percent Ethereum and 10 percent the rest.

He views bitcoin primarily as a store of value.

Posted in Crypto News

JPMorgan Predicts $130,000 For Bitcoin Following Strong Institutional Adoption

JPMorgan shared that Bitcoin’s volatility is gradually dropping and this will ignite a massive and stronger institutional adoption.

The banking giant believes that Institutional Investors will feel more comfortable investing in bitcoin knowing that Bitcoin is less likely to be too unsteady.

JPMorgan predicted $130,000 price target for Bitcoin in the long-term in order to match the gold sector and also meet gold volatility level.

Posted in Crypto News

Thai SEC insists that invertors should have crypto trading experience

Ruenvadee Suwanmongkol said the commission will be offering a free training course for investors.

The announcement which was on Facebook Live video, said that the guidelines proposed now discloses that people interested in investing in digital assets must have previous experience in crypto, a free training course called Crypto 101 is set up for it.

Thailand’s had a complicated relationship with crypto through Thailand-based crypto exchange Upbit received approval from the SEC this year.

Posted in Crypto News

Coinbase will Go Public On April 14

Coinbase exchange announced on the Thursday 1st of April that its direct listing will hold on April 14.

The exchange also announced that it will share the financial achievements of the 1st quarter on April 6, 8 days before the listing.

The plan to disclose the Financial results will guide investors towards making informed decisions towards Coinbase shares and it’s possible worth.

This would be the first time Coinbase is making quarterly results public.

Posted in Crypto News

Bitcoin Miners’ Revenues Reached Record $1.5 billion in March

Bitcoin miners revenues reached $1.5 billion in block rewards and fees in the Month of March, according to a recent report from Arcane Research.

Miners’ Revenue hit a peak record of $64.7 million on March 14, the day after Bitcoin’s price surged to new all-time high of $61,683.

Bitcoin mining profitability has consistently grown over time.

Since last bitcoin halving, miners receive a block reward of 6.25 BTC for every new block mined.