Charles Edwards of Capriole Investments says that despite the current headwinds, Bitcoin’s fair value sits at $45,000. Bitcoin’s price is trading in a frustratingly tight range between $25,500 and $26,500, leaving traders unsure of the next direction that the asset could take. However, Charles Edwards, founder of Capriole Investments, believes that Bitcoin’s current price presents a low-risk…
559 ViewsInvesting in assets “outside of the traditional financial system” is the only way to preserve one’s wealth, according to the former BitMEX CEO. The majority of people will have their wealth progressively eaten away by the devaluation of money, according to Arthur Hayes, the co-founder and former CEO of crypto derivatives exchange BitMEX. According to…
356 ViewsDecentralized and traditional finance can thrive in tandem to fund renewable energy and other pressing needs, but only with clear standards and rules – Michael Casey, CoinDesk chief content officer, shared his opinion with International Monetary Fund (IMF). The cryptocurrency industry is in the throes of a crypto winter. Tokens like bitcoin and Ethereum’s ether…
377 ViewsIran’s Ministry of Energy has decided to cut down the supply of electricity given to the authorized crypto mines units of the country to ensure the enough power supply for the citizenry. This decision will be implemented on June 22, Tehran Times reported. A spokesman for the Iranian Energy Ministry, Mostafa Rajabi Mashhadi, said that…
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