Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Bitcoin Predictions
Did Peter Thiel Predict Bitcoin 22 Years Ago?
A resurfaced video of Peter Thiel has him forecasting a form of private, cryptographic money back in 1999. Let’s examine Thiel’s early prediction, and measure it against what Satoshi Nakamoto developed 10 years later. There’s nothing like being ahead of your time. It’s always fascinating to study historical figures who have accurately predicted present realities that once seemed unfathomable. For example, would you believe that Alexander Graham Bell foresaw global warming over 100 years ago? Or that Nikola Tesla…
4 years ago
Bitcoin Bulls Experience Better Times as Optimistic Predictions Re-emerge
Bitcoin is relatively consistent on Wednesday at around $46,300 per coin, while rivals Ethereum and Dogecoin were trading around $3,220 and 26 cents per coin. The Bitcoin price broke past $46,000 on Monday morning. This happened after a high-stakes weekend for the crypto industry as the Senate discussed its part in the still expected infrastructure bill. Still, on Monday, Bitcoin traded as high as $46,465, the highest level it has accomplished since May 16, when it hit $49,770.33. Ethereum's London…
4 years ago