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May 8: Are you betting on the fastest horse?

May 8: Are you betting on the fastest horse?

What a day to usher into the weekend. BTC traded past $10k for a bit and now over 7% higher in the past 24 hours. The clear catalyst was Paul Tudor Jones announcing that his $22 billion fund will be investing in BTC a low single digit % of assets because it's a great hedge against a "great monetary inflation". It also reminded him of gold in the 70s, and I thought this was the highlight "At the end of the day, the best profit-maximizing strategy is to own the fastest horse. Just own the best performer and not get wed to an intellectual side that might leave you weeping in the performance dust because you thought you were smarter than the market. If I am forced to forecast, my bet is it will be Bitcoin.” It is also important to note this will largely remove much career risk of any hedge fund manager who wants to allocate into BTC today. Next wave of institutional buyers coming soon? Is that why CME listed futures open interest hit a record high yesterday?

Chainlink Is Rallying Bullishly, Up 15% in The Last 7 Hours

Chainlink Is Rallying Bullishly, Up 15% in The Last 7 Hours

New data by on-chain metrics provider Santiment reveals that Chainlink (LINK) is back to its winning ways because it is up by nearly 15% in the last 7 hours.

Public Companies Now Hold Almost $7 Billion Worth Of Bitcoin

Public Companies Now Hold Almost $7 Billion Worth Of Bitcoin

At the time of writing, there is almost $7 billion of Bitcoin currently held by 13 publicly listed companies, notably MicroStrategy, Square, Galaxy Digital and Grayscale.

May 7: The Traders' War... New vs Seasoned...

May 7: The Traders' War... New vs Seasoned...

Bitcoin is now up close to 3% past 24 hours as it spiked through $9400 for a bit even as U.S. equities traded poorly, leaving me with the thesis that BTC is starting to break away from moving in lockstep with S&P 500 until and after the havling event. In fact, the 1-year rolling correlation between Gold and Bitcoin is nearing all-time high, so we could start seeing it behave more like Digital Gold.

How Blockchain Can Mitigate the Menace of Identity Theft

How Blockchain Can Mitigate the Menace of Identity Theft

According to the Center for Victim Research, 7-10% of the US population are often victims of identity theft annually. Moreover, 21% of them suffer multiple cases of identity fraud. This menace is being experienced across the globe, and blockchain technology can be instrumental in stamping it out.

How Kaspersky Protects Investors During Token Sales in 7 Ways

How Kaspersky Protects Investors During Token Sales in 7 Ways

In the exclusinve interview with Blockchain.News, Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky shares the latest trend on cybersecurity threats in crypto fundraising and how Kaspersky's solutions can protect investors in 7 ways.

Ripple XRP Down 7%, 3 Reasons Why Its Price Will Pull Back Slightly Before Surging Ahead

Ripple XRP Down 7%, 3 Reasons Why Its Price Will Pull Back Slightly Before Surging Ahead

Ripple’s XRP token outperformed other altcoins throughout the crypto market’s bull run, but in the last 24 hours, it has pulled back by 7%.

How Does Blockchain Enhance Traditional Project Management?

How Does Blockchain Enhance Traditional Project Management?

Projects are very different from every other type of activity; they have a definite beginning, ending and time frame. They are created or initiated to fulfill a specific objective, which after fulfilling they cease to exist. But did you know that 7 out of ten projects overrun their deadlines? How can blockchain enhance the process of project management?

What are the 7 Key Takeaways from Facebook's Libra Hearings?

What are the 7 Key Takeaways from Facebook's Libra Hearings?

The debate on Facebook's Libra continues with the hearing with Senate Banking Committee on 16 July and the United States House Committee of Financial Services on 17 July. Here are the 7 key takeaways from the two hearings.

Litecoin vs Bitcoin: Understanding Litecoin by Comparison with Bitcoin

Litecoin vs Bitcoin: Understanding Litecoin by Comparison with Bitcoin

Litecoin was created by Charlie Lee on Oct. 7, 2011, with its codebase is a fork from Bitcoin. In contrary from hard fork and soft fork, this type "fork" doesn't share the transaction history of Bitcoin and it had its own transactions beginning from its genesis block.

Goldman Sachs' Yuan Crash Forecast Could Affect Bitcoin Price, Bull Run Ahead?

Goldman Sachs' Yuan Crash Forecast Could Affect Bitcoin Price, Bull Run Ahead?

Goldman Sachs is expecting the Chinese yuan to fall to its lowest since 2008 in the coming months due to the existing US-China trade war, and now the US potential sanctions on China over its feud over Hong Kong. US President Donald Trump has announced earlier that he will be looking to end preferential treatment for Hong Kong in terms of trade and visa-free travel, due to the new security law for Hong Kong approved by Beijing. The yuan has been forecasted by Goldman Sachs to fall to 7.25 per dollar during the next three months before recovering to 7.15 per dollar over six months, then to 7 per dollar in the next year. As the firm sees the yuan falling to its 2008 low, the potential for Bitcoin to experience an explosive price rally has been raised.

Ethereum to Implement New "Devcon Improvement Proposals" for Devcon Colombia 2021

Ethereum to Implement New "Devcon Improvement Proposals" for Devcon Colombia 2021

Ethereum has announced a new way for its crypto community to get more involved for next year’s Devcon event.

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