Bitcoin Over $100,000 Is Still Possible By Year-End, Says Research Analyst

Bitcoin has made a number of marked recoveries in its price lately. The most notable of this recovery has been the break above $57,000. This effectively set a new four-month high, hitting price points that have not been reached since the market had peaked in May. It is no doubt that the bulls currently have control of the market and investors’ sentiment is very positive with this. But CrossTower research analyst Martin Gaspar thinks this may only be the beginning of the rally. It would seem the analyst is in…

FTX U.S. Launches NFT Marketplace on Solana

Key Takeaways A Solana NFT marketplace went live today on FTX US. NFTs minted on the platform can trade in USD, SOL, and ETH. Users of the NFT marketplace will be subject to KYC requirements. Share this article FTX’s U.S. arm has launched an NFT marketplace on Solana. Solana NFTs deposited on FTX US must list in SOL, whereas NFTs minted on FTX US can be listed in SOL, ETH, or even USD via bank ACH or credit card.  FTX US, Solana Continue Growth FTX’s U.S. arm has launched an…

Ripple Teams With Nelnet on $44M Solar Investment

Crypto-powered digital payment service Ripple has made a $44 million joint Environmental, Social, and Governance (ESG) investment with Nelnet (NYSE: NNI) Renewable Energy into one of Nelnet’s solar energy funds, the firms announced Monday. Ripple will be the majority investor in the tie-up, which will fund solar energy projects throughout the United States. The solar projects financed by the joint venture are estimated to offset over 1.5 million tons of carbon dioxide over 35 years, or about the same amount of carbon dioxide emissions from consuming 154 million gallons of…

Gene Simmons’ $300K Cardano Investment Has More Than Doubled Since February

Lick it up. Kiss bassist Gene Simmons tweeted in February that he had bought $300,000 of Cardano’s ADA, writing that the cryptocurrency was “one I believe in.” The conviction has paid off for the rocker, with ADA’s price more than doubling since then. Based on back-of-the-envelope math, the token hoard would be worth more than $700,000 now. ADA is one of 14 cryptocurrencies that Simmons owns, he said Sunday in an interview on the Altcoin Daily YouTube channel. “I like Cardano, although it’s an idiot name,” Simmons said. “Get rid…

YouTube deletes and restores Bitcoin bull Anthony Pompliano’s channel

Video sharing platform YouTube removed the 251,000-subscriber channel of Anthony ‘Pomp’ Pompliano, co-founder of Morgan Creek Digital and host of The Pomp Podcast, before later restoring it. In an Oct. 11 update on his Twitter account, Pompliano — a Bitcoin (BTC) bull known for his interviews educating skeptics and others on crypto — said he received a message from YouTube claiming a recent livestreamed interview with stock-to-flow model creator PlanB encouraged “illegal activities.” Pompliano’s entire channel was unavailable for roughly two hours before being returned to the platform, with all…

U.S. Navy Man Tried to Sell Nuclear Secrets for Monero

Key Takeaways Jonathan Toebbe and his wife, Diana Toebbe, attempted to sell nuclear secrets from the U.S. Navy to a foreign power. The couple attempted to use Monero as the means of payment due to the cryptocurrency’s private transactions. However, U.S. agents were behind the initial offer, and the Toebbes were monitored and identified at dead drops. Share this article A U.S. Navy engineer and his wife recently attempted to sell nuclear secrets for cryptocurrency, according to court documents, Toebbe Asked for $100,000 In Monero Beginning in 2020, Jonathan and…

Soccer NFT Platform Sorare Is Being Investigated by UK Gambling Regulator

Sorare, the fast-growing European fantasy soccer and digital collectible platform, is being investigated by the UK Gambling Commission. The gambling watchdog of the United Kingdom warned in a consumer information notice dated Oct. 8 that Sorare’s business operates “outside of the gambling regulations that a licensed operator should comply with” and that consumers are advised to take this into account when deciding whether or not to use the platform. The notice goes on to say that the Gambling Commission is looking into whether Sorare should be required to have a…

Morehead: Bitcoin’s Wild Volatility to Be “A Thing of Our Primordial Past”

Key Takeaways Dan Morehead argues history will no longer repeat itself when it comes to four-year cycles. He cautioned investors on the price impact of a Bitcoin ETF. He also suggested that diversified crypto assets would outperform Bitcoin alone. Share this article Dan Morehead, Founder and CEO of Pantera Capital, claimed that the four-year crypto price cycles that investors have grown accustomed to “are done.” In addition, he believes we can expect less volatility, on both the upside and downside.  Bitcoin Price Likely to Stabilize Going Forward, Says Morehead In…