I Stand By My $100,000 Bitcoin Price Target, Anthony Scaramucci

Anthony Scaramucci has again reiterated his stand on why he thinks bitcoin will still hit the $100,000 price target he had earlier set. Scaramucci had put forth this forecast when he was on Yahoo! Finance earlier in the year. The founder explained that bitcoin could easily be trading at $100,000 in 12 months. Anthony Scaramucci who founded Skybridge Capital in 2005 has not always been bullish on bitcoin. But has slowly come around over the years and has now gotten into bitcoin. The CEO believes that more and more funds…

We have enabled more women to trade crypto

The chief operating officer of stock and cryptocurrency trading app Robinhood aims for significant growth in the number of female customers, particularly when it comes to investing in crypto. In an interview with Business Insider published Wednesday, Robinhood COO Gretchen Howard said the number of women using the trading app had more than tripled, representing a 369% increase year-on-year. In addition, the platform reported in March that 40% of its active female customers were trading crypto, a seven-fold increase over 2020. “To me it feels like, wow, we’ve enabled these…

Anthony Hopkins Will Star in NFT-Based Tech Thriller

Key Takeaways Anthony Hopkins will star in a film called “Zero Contact,” which will be distributed as a blockchain-based NFT. This format will allow viewers to own their copy of the film while also preventing unauthorized distribution. The film will premiere on Vuele by early August. Share this article An upcoming film starring Anthony Hopkins will be distributed as a non-fungible token (NFT), according to Deadline. Hopkins Will Star in “Zero Contact” Titled “Zero Contact,” the film stars celebrated actor Anthony Hopkins alongside Veronica Ferres, Aleks Paunovic, Lilly Krug, TJ…

Reality show is casting crypto users locked out of their wallets

A casting call for a cable network series may offer crypto users at the end of their rope a way to access tokens locked away — or at least show viewers some of the options available to them. In a LinkedIn post from last month, casting director Jessica Jorgensen called on crypto users who have forgotten their passwords — and presumably their seed phrases — or lost their private keys to wallets with the clock ticking. The series offers consultations from cryptocurrency and cybersecurity experts to help users recover access…

Shiba Inu (SHIB) DEX ShibaSwap surpasses $1B TVL 24-hours after launch

Dogecoin (DOGE) has proven to the world that even a project that started as a joke can gain value and notoriety in the cryptocurrency space. This phenomenon opened the door for multiple ‘meme’ cryptocurrencies to gain a foothold and a quick look at the trending tokens list on CoinMarketCap shows the meme effect has found a s foothold. The latest meme coin to capture investors’ attention is Shiba Inu (SHIB), a project that originally gained notoriety when Ethereum (ETH) creator Vitalik Buterin donated more than $1 billion worth of SHIB…

Visa Has Handled $1 Billion in Cryptocurrency This Year

Key Takeaways Visa reported that it has handled $1 billion in crypto so far this year. The company highlighted that it is working with over fifty cryptocurrencies on Visa-powered payment cards. Visa also announced that FTX would join its FinTech fast track program today and pay 50% of its employees in UDSC. Share this article Leading payments firm Visa stated that it has processed more than a billion dollars in cryptocurrency during the first half of 2021. $1 Billion in First Half of 2021 “With more than $1 billion spent…

Buy the rumor, sell the news? $10K Ethereum options are 88% down from their peak price

This year’s 500% accumulated gain took Ether’s (ETH) price to a $4,380 all-time high on May 12, and this rally was even more robust than the late-2017 move. The famous bull market, or bubble, depending on how you see it, took Ether’s price on a 390% rally from $290 in November 2017 to $1,420 in mid-January 2018.  Maybe this year’s mega rally was a DeFi and NFT bubble that will take another two years to reclaim its peak, but it seems premature to make a prediction now. However, some analysts,…

Former CFTC chair explains why regulators should approve a Bitcoin ETF

Timothy Massad, who served as Chair of the United States Commodity Futures Trading Commission between 2014 and 2017, has laid out the reasons why he thinks regulators should approve a Bitcoin exchange-traded fund.  In an opinion piece published on Bloomberg Wednesday, Massad said the Securities and Exchange Commission, or SEC, should approve a Bitcoin ETF in a manner that would enhance the transparency and integrity of the nascent cryptocurrency industry. This way, investors can access the digital asset without having to buy it off exchanges or worry about self-custody. Massad…

Bitcoin Ready For Display Of Strength, But Which Direction Will It Break

Bitcoin price is still trading in the mid-$30,000 price range for what has been more than 50 days now. Only a few weak attempts to push prices lower have been made, and bulls were able to defend each time. Bulls have been even weaker, however, putting all their energy and buying power into support and have also failed to produce any substantial upside. A technical indicator suggests the tension and exhausted trading range is ready for a big break, but in which direction might the cryptocurrency head next? Relative Strength…