Good News For Bitcoin In Autumn
We continue to experience increasingly bullish news from various parts of the Bitcoin community.Last Week In Bitcoin is a series discussing the events of the previous week that occurred in the Bitcoin industry, covering all the important news and analysis.Summary of the WeekThis week was filled with bullish news. As the market appears to prepare for an end of year run, the good word keeps coming. From El Salvador’s volcano bitcoin mining operations going live to a Missouri Mayor planning to give households $1,000 in bitcoin each, the week was something to behold.Fall’s Fantastic NewsMonday....
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Singaporean police reported the death of Autumn Radtke, CEO of First Meta Exchange, late on February 26th. The news traveled fast on the wings of tweets and First Meta Exchange's blog confirmed the death the next day and offered these consoling words: "The First Meta team is shocked and saddened by the tragic loss of our friend and CEO Autumn Radtke. Our deepest condolences go out to her family, friends and loved ones. Autumn was an inspiration to all of us and she will be sorely missed." Autumn Radtke in an interview, Image from ABCNews. As of now, the cause of death has not yet been....
Raoul Pal, the co-founder and Chief Executive Officer (CEO) of Real Vision, a financial media platform, has indicated that Solana is on the brink of reversing its bearish trends. The financial expert has predicted a “magnificent autumn rally” for the cryptocurrency in this market cycle. Solana To Witness Major Autumn Rally Solana’s recent downward trend could potentially signal a great buying opportunity for investors who remain optimistic about the cryptocurrency’s future outlook. Being a popular supporter and long-term investor of Solana, Pal has expressed confidence in the....
Okay, there is good news and there is even better news. Shall we relay the good news first? The good news is that another bitcoin company has managed to raise a substantial amount of money, which it will likely use to grow and expand over the next quarter. The even better news is the fact that despite massive fluctuations in price, the recent attacks and hackings (the most recent involving Coinbase) and the overall level of doubt surrounding the digital currency, bitcoin is continuing to make a name for itself and pave its way through the crowds with a loyal group of followers behind it.....
Whenever a bit of bad news hits the Bitcoin community, there’s always at least one individual who pops up and claims that “this is actually good news.” In the case of the IRS ruling on Bitcoin, that lone individual is Chamath Palihapitiya. Chamath is a well-respected former Facebook executive who doesn’t hold back his excitement when it comes to the possibilities created by Bitcoin. When you combine all of the holdings of all the different investment vehicles controlled by Palihapitiya, you get just under 100,000 bitcoins. While there have actually been a few others who have simply stated....
Bitcoin will always experience highs and lows, but how do investors reliably combat any market downturns? Weathering crypto stormsOne crypto seasonality solution exists in the form of continually accumulating assets.While there might be multiple solutions to crypto seasonality, one crypto startup, Seasonal Tokens, is developing a potentially safer alternative to traditional trading methods. Seasonal Tokens are designed to rise and fall over the course of nine months, hoping to provide investors with a more stable alternative to Bitcoin’s downtrends.The project breaks up its tokens into the....