JJ Cryptocurrency

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JJ Cryptocurrency

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Crypto strategist Justin Bennett sees $3,000 as Ethereum’s turning point

Bennett revealed that he intends to buy ETH at around $3,000 as he expects the market to turn around that point Crypto analyst Justin Bennett has predicted what he expects to see from Ethereum this month, even as crypto markets dwindle and continue on a downward trend. Last Friday, Bennett outlined in a video that …

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Ethereum developers disagree with JP Morgan’s prediction of loss of dominance

The analyst team had predicted that Ethereum’s market share would continue shrinking Last Wednesday, JPMorgan Chase & Co. research analysts in a team led by Nikolaos Panigirtzoglou said Ethereum’s dominance is at risk of getting chopped off by competing blockchain ecosystems. JP Morgan’s projection According to Bloomberg, analysts from the American investment bank said in a …

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Raoul Pal: Bitcoin is charting a path similar to Amazon’s stock

Raoul Pal also suggested that Bitcoin is grossly undervalued and should ideally be around $100,000 Former hedge fund manager Raoul Pal  provided an interesting observation in the relation between the historical price action of Amazon and that of Bitcoin since 2013 on Saturday. The Real Vision co-founder and chief executive cited Metcalfe’s Law which positions …

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Bitcoin down 11% over the last 7-days: Here’s Galaxy Digital chief’s projected BTC price floor figure

The ex-hedge fund manager predicted last month that Bitcoin could hold at $42,000 Financier and crypto investor Mike Novogratz recently told CNBC that he expects to see Bitcoin fall even further to a price floor much around $40,000 or $38,000. Bloomberg reported the change of heart from the crypto bull who recently opined that Bitcoin …

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Here’s why Ray Dalio considers 1% to 2% allocation to crypto investment ideal

The billionaire investor has his toe in Bitcoin and Ethereum but has in the past declined to disclose how much he has put into them Ray Dalio, the co-chief of investment at hedge fund Bridgewater Associates recently told The Investor’s Podcast Network that he agrees with fellow billionaire Bill Miller’s proposition. In the episode published on …

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Mozilla puts crypto support on hold following intensified heat on initial decision

Distanced Mozilla founder vehemently lambasted the move in a tweeted response to the tweet announcing the decision The Mozilla Foundation yesterday announced that it was putting a hold on crypto donations following a discussion with involved parties and the larger community. On New Year’s Eve, the foundation revealed that it had partnered with crypto payment …

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Report finds crypto crime resulted in $14 billion worth of losses in 2021

Chainalysis findings show that there is currently more than $10 billion in illicit money (mostly stolen) held in crypto wallets A new report from the blockchain data platform Chainalysis has revealed that crime involving cryptocurrencies last year hit an all-time high of $14 billion. This figure is almost twice the sum ($7.8 billion) recorded in …

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Weekly Report: Shark Tank’s Kevin O’Leary argues that NFTs are growing bigger than Bitcoin

This week, top cryptocurrencies suffered a massive dip as the broader market pulled back following confirmation of plans to hike interest rates. Minutes from the FOMC meeting hinted that the US Federal Reserve was considering a potential rate increase in March. The top crypto assets (not including Tether and USD Coin stables) are all down …

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The top 3 GameFi tokens you should buy on January 7: AXS, SAND and GALA

Axie Infinity (AXS), The Sandbox (SAND) and Gala (GALA) are the go-to GameFi tokens on December 7. Each of them has had a huge following within the crypto-gaming space. Every token can potentially increase in value throughout January. Axie Infinity (AXS) is a play-to-earn game that is based on top of the Ethereum blockchain, where …

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