Why This Popular Crypto Analyst Bought 1 Million ADA
Cardano (ADA) developer IOG has launched the first testnet for their smart contract platform, “Alonzo Blue”. The first stage of a roadmap set to be completed around September with full implementation of smart contract capabilities for the platform. The evolution of Cardano has not gone unnoticed. Popular crypto analyst Ben Armstrong recently revealed his 1,000,000 […]
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Cathie Wood, the founder of Ark Invest, bought the dip this Tuesday when Bitcoin prices tumbled below $30K. According to reports, Ark acquired more than one million shares of the Grayscale Bitcoin Fund. The company also bought more Coinbase shares. Wood has a positive stance on crypto and keeps predicting Bitcoin will reach a long-term price of $500K. Ark Invest Purchases One Million Shares Dips are for buying: that’s the popular saying in bull markets. And Cathie Wood, founder and CEO of Ark Invest did just that. According to reports, Ark took advantage of the price dip to acquire....
Analysts believe reporting requirements may compel Tesla to announce a paper-drawdown of between $25 million and $100 million on its $1.5 billion Bitcoin bet. Bitcoin’s second-quarter price battering has pundits speculating that Tesla may have to report a loss of up to $100 million for Q2.With the price of Bitcoin recently dropping to revisit levels last seen in January, CNBC business analyst Kate Rooney asserted on July 6 that Tesla may face an “impairment charge” — requiring it to report the drawdown in a disclosure to the U.S. Securities and Exchange Commission (SEC).She noted that as....
A crypto analyst has outlined several price targets for popular doggy-themed cryptocurrency, Shiba Inu (SHIB). The analyst has predicted that SHIB could reach the highest price level of $0.0001605 in a few years. Shiba Inu To Hit $0.0001605 Abmoon, a crypto analyst at TradingView, a financial market analysis platform, has shared bullish predictions for Shiba […]
Polkamon, the popular NFT and digital collectibles platform incubated by Moonrock Capital, saw one of its first NFTs trade for 75 ETH, worth more than $140,000. Top influencers and Youtubers, like the popular Fortnite stramer PWR Lachlan, who has over 1.5 million followers on Twitter alone, bought the newly released NFT. Purchased my first @Polkamonorg NFT today! What should I name it? 🤔 pic.twitter.com/2qtNXJF3uP — PWR Lachlan ⚡️ (@LachlanYT) April 1, 2021 The fear of […]
Cardano is down 45.6% from its yearly high of $0.4518 and is showing no signs of slowing down at the moment. Data has shown that at its current price, the majority of Cardano holders are losing money, further showing the state of the cryptocurrency’s price. Cardano (ADA) addresses in loss is now over 94%, leaving many investors wondering if it’s time to cut their losses and move on. Cardano (ADA) Addresses In Loss Rise Over 94% Cardano (ADA) is currently the 8th largest crypto by market cap, with a market cap of $8.65 billion. However, all metrics have pointed to the....