Max Keiser Drops Bombshell on Crypto, ‘The Future Will Be Shocking’
Max Keiser joins with Alex to talk the current state of the economy and to predict upcoming cryptocurrency forcasts.
Max Keiser joins with Alex to talk the current state of the economy and to predict upcoming cryptocurrency forcasts.
Since the onset of Bitcoin’s correction phase, traders have been facing a very indecisive market and sentiment is largely bearish. The instability was particularly evident over the past week that was characterized by massive fluctuations, panic sell-offs and long liquidations. With emotions ruling the market lately, people from the community are still trying to get a sense of what is happening.
While it might not be a great time for some Bitcoin investors, it’s at least a great time for The University of Pennsylvania. On Thursday, May 20, Penn announced that it has received a massive $5 million in the form of an anonymous Bitcoin (BTC) gift.
The cybercriminal group DarkSide received at least $90M in ransom payments, paid in BTC, from several victims, including Colonial Pipeline.
Bitcoin (BTC) witnessed the largest on record outflow last week, said the London-based digital asset manager CoinShares in a report earlier this week.
While some were quick to interpret Musk’s tweet as an endorsement for hard forks of the likes of Bitcoin Cash, “big blockers” oppose the use of Lightning since transactions are not settled on-chain.
Wednesday’s market crash triggered yet another barrage of obituaries from mainstream media.
In a recent interview with Bloomberg’s Carol Massar, Ark Invest CEO Cathie Wood predicted that Bitcoin would still reach $500,000, sticking to her earlier target in spite of the ongoing sell-off.
It’s been a difficult few days for Bitcoin, the world’s largest cryptocurrency, with BTC falling from the $57,000-level on the 11th to $39,300 at press time.
Humanity Forward, a non-profit created by former U.S. presidential candidate Andrew Yang, has started accepting contributions in Dogecoin, Bitcoin, Ethereum, Chainlink, and a slew of other digital currencies after partnering with crypto donations company The Giving Block.
A new study released by Galaxy Digital Holdings Limited shows that the traditional banking system consumes double the amount of energy that Bitcoin mining uses.
Crypto mining firm Core Scientific CEO Kevin Turner has dismissed the debate on bitcoin’s environmental impact, terming the asset as 100% carbon neutral days after Tesla (NASDAQ: TSLA) suspended the digital currency payments over its carbon footprint.
According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year.
Fundstrat’s Tom Lee remains bullish on Bitcoin despite market participants becoming extremely fearful following Tesla’s about-face.
NYDIG believes the route to Bitcoin adoption is through existing legacy banking infrastructure. The firm is working towards implementing an institutional solution that will allow U.S. banks to offer their customers crypto trading.
American money transfer giant MoneyGram to allow users to buy and withdraw crypto at traditional brick-and-mortar locations in the US.
Ed Carpenter Racing team has removed all sponsor logos from its car for the first time in history. Indianapolis 500 pole winner Ed Carpenter will instead have his car fueled by Bitcoin (BTC) enthusiasts.
As life finds a way, so does cryptocurrency as the only form of sovereign money detached from the foibles of rulers.