“Fiat is a fraud. Look, I started my career in 1981, the Mexican Peso was 20 to $1. Today we are at 20,000 to 1.
And that is in Mexico, but if we look at Venezuela, Argentina or Zimbabwe, the numbers lose all proportions.”
On Thursday (June 24), crypto analyst Benjamin Cowen commented on $ADA’s impressive price action during the current downtrend in the crypto bull market.
In a video released on his popular YouTube channel, Cowen said that $ADA is one of the “main racehorses” this market cycle despite falling nearly 50% in value over the past month.
Mexico’s third wealthiest billionaire according to Forbes is a Bitcoin fan. Ricardo Salinas Pliego sure did his homework, and he’s here to make you see the light. The billionaire recently announced that he holds 10% of his portfolio in Bitcoin. Why? Salinas Pliego knows a few of the reasons that make BTC the soundest money that the world has ever seen.
Binance was once again flagged for offering services without authorization. This time it was the UK Financial Conduct Authority stating that Binance Markets Limited was ‘not permitted to undertake any regulated activity in the UK.’ As per the ‘Consumer warning on Binance Markets Limited and the Binance Group,’ it did not have the permission to operate without the FCAs written consent.
Since its debut, Ethereum has dominated the smart contract platform arena. While Cardano, Polkadot, and BSC try real hard to compete, Solana and Elrond are the actual dark horses in this race. Both of these blockchains have emerged as the most formidable rivals to their peers, with a lot in store for users in the days ahead.
Any Bitcoin holder who has held on to their BTC for 3.25 years has made money. This is according to an analysis shared by the CEO of Pantera Capital, Dan Morehead, in his most recent Blockchain letter to investors where he also singled out three events for Bitcoin’s ongoing pullback.
You might have heard the term “smart city” before — a futuristic, utopian idea that we might see implemented in the foreseeable future. Indeed, some metropolises — like Singapore, Seoul, Amsterdam, Oslo and Tokyo — are already on their way to becoming “smart.”
According to new reports, Raees and Ameer Cajee, the two young directors of the recently collapsed crypto investment firm, Africrypt, have “categorically denied” allegations they fleeced clients. Instead, the brothers insist their company is the victim of a hack while also claiming that the media may be overestimating the value of the missing bitcoins. These fresh denials by Africrypt directors come as doubts over the actual number of stolen bitcoins continue to mount.