Skybridge Capital Founder Predicts $100K Bitcoin Price This Year Due to ‘Heavy Demand’ and Diminishing Supply – Markets and Prices Bitcoin News

The founder of asset management firm Skybridge Capital, Anthony Scaramucci, has predicted that the price of bitcoin will reach $100,000 before the year-end simply due to supply and demand. “You don’t have a lot of supply out there and very heavy demand,” he said. His firm currently has over half a billion dollars in bitcoin. Skybridge’s Founder Expects $100K Bitcoin Before End of Year Skybridge Capital founder and managing partner Anthony Scaramucci talked about his expectations for the price of bitcoin and his firm’s investment in the cryptocurrency during an…

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Decentraland celebrates 1 year anniversary with virtual party

User-owned virtual world Decentraland is celebrating its one-year anniversary true to form with a virtual party open to all.  “Relive the past 12 months of events, competitions, exhibitions, gatherings and more with messages from the community and the results of the #DCLFilmClub promo video contest screened for all,” read the party’s announcement blog post. Attendees will receive a Proof Of Attendance Protocol NFT, and will get the first look at The White Rabbit, an in-game club. Community members are also pitching in on the effort, with one land rental service…

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Analyst says Bitcoin price sell-off may occur as Chinese New Year approaches

On Jan. 29 Bitcoin (BTC) price briefly rallied to $38,500 before retracing the move and spending the majority of the day struggling to reclaim $35,000.  The wild breakout in Bitcoin price has partially been attributed to Elon Musk changing his Twitter profile to simply “#Bitcoin,” which Musk subsequently followed up with a cryptic tweet saying “In retrospect, it was inevitable.” Dogecoin (DOGE) also continued to make waves across Twitter and with crypto traders. After reaching a new all-time high at $0.078 on Jan. 28, DOGE price corrected by 41% before…

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As Ether price breaks all-time high Buterin’s ETH holdings up 8x in a year

With Ether surpassing its $1,428 all-time high, Buterin is close to re-joining the class of crypto owners who hold $500 million or more in cryptocurrency. At the current ETH price, Buterin’s Ether holdings on his main wallet — “VB” — amount to over $470 million. Back in 2018, the Ethereum co-founder posted his main wallet address. Two other wallets — “VB 2” and “VB 3” — are also associated with Buterin. In Jan. 2020 the Ethereum co-founder’s ETH fortune stood at a mere $58 million. Such has been Ether’s bullish…

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Year 11 Of “The Transformation” – Bitcoin Magazine

2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and to reflect on what all of this might mean for 2021. These writers responded with a collection of thoughtful and thought-provoking articles. Click here to read all of the stories from our End Of Year 2020 Series. 2020 AD. An off-the-charts year in every meaning of that phrase. An annus horribilis. And yet, the synthetic…

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Why 2021 Will Be A Big Year For Bitcoin – Bitcoin Magazine

2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and to reflect on what all of this might mean for 2021. These writers responded with a collection of thoughtful and thought-provoking articles. Click here to read all of the stories from our End Of Year 2020 Series. Leaving 2020 This year has been a wild ride. We have seen a blitzkrieg on civil liberties across…

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Crypto enthusiasts could make $122K per year mining Ethereum with this setup

Simon Byrne has taken at-home crypto mining to a whole new level as he looks to capitalize on Ethereum’s (ETH) potential.  As first reported by Anthony Garreffa, Byrne has set up an ETH mining rig consisting of 78 GeForce RTX 3080 graphics cards. Although the RTX 3080 is marketed toward high-end PC gamers, crypto miners are using these powerful specs to enhance their capabilities. With each card using roughly 300W of power, Byrne’s setup uses 23.4KW of energy. And that doesn’t even factor in associated costs like AC. All said,…

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The pandemic year ends with a tokenized carbon cap-and-trade solution

It has been a blazing start to a new decade, with 13% more large, uncontrolled wildfires around the world this year compared with 2019. This has spelled dire consequences for CO2 levels, which have made worse a terrible COVID-19 pandemic that has led to unprecedented worldwide lockdowns that have rapidly pushed the economy toward digitization. Related: How has the COVID-19 pandemic affected the crypto space? Experts answer As a result of the COVID-19 pandemic, governments around the world have been forced to focus on integrating blockchain technology into their financial…

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Top 10 tweets of the year

Yes, yes, I know: You’re an excellent Twatter, and omitting from this list your one zinger that got 50 likes borders malfeasance. Likewise, this reporter is a negligent compiler of listicles for overlooking some spicy day where your favorite trader-nee-influencer colorfully described Brad Garlinghouse’s anatomy.  If it’s any consolation, please know that I hate the hellsite just as much as you do. The year was terrible for almost all of the planet, and even though crypto enjoyed a strong secular bull market, everyone still managed to come together, rise above…

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Miami mayor calls Bitcoin ‘stable investment’ during unstable year

Miami mayor Francis Suarez is the latest high-profile figure to tout Bitcoin (BTC), offering more evidence that mainstream adoption is growing.   In a Thursday tweet, Suarez called Bitcoin a “stable investment” during an “incredibly unstable year,” adding that he’s learning about the flagship digital asset through figures like Tyler Winklevoss and Anthony Pompliano. Great insight into how @Bitcoin has been a stable investment during and incredibly unstable year…currently reading Bitcoin Billionaires @tyler. @APompliano any other good reads? https://t.co/nenQ5xmfi7 — Mayor Francis Suarez (@FrancisSuarez) December 24, 2020 Winklevoss and Pompliano both…

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