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Crypto News - The Urban Mine

Category: Crypto News

Crypto Analyst Michaël van de Poppe Places Traders on Notice, Forecasts Path Ahead for Bitcoin and Altcoin Markets

Cryptocurrency analyst Michaël van de Poppe is telling traders to be cautious, warning Bitcoin’s price is still vulnerable to downward pressure. In a new strategy session, the analyst says that the severity of the correction and the timing suggests that the flagship cryptocurrency could plummet in price further. “Are we done yet? I do not

US Treasury Secretary Has Several Concerns About Bitcoin, Addresses Need for Digital Dollar

U.S. Treasury Secretary Janet Yellen is outlining her concerns about the leading cryptocurrency, Bitcoin. In a New York Times DealBook conference, Yellen questions Bitcoin’s technical prowess, energy consumption and use for illicit activity. “I don’t think that Bitcoin, I have said this before, is widely used as a transaction mechanism. To the extent it’s used,

Logan Paul Sells $3,500,000 in Crypto Art in Just 24 Hours Through Polkadot-Based Project

YouTube star Logan Paul just sold $3.5 million worth of crypto-backed digital art in less than 24 hours. Paul is collaborating with Bondly, a decentralized product in the Polkadot ecosystem, to create his own line of Pokemon-inspired non-fungible tokens (NFTs). NFTs feature identifying data in their smart contracts that make each one unique, which means

Blockstream CEO Says Institutional Investors Buying the Dip After Square’s $170,000,000 Bitcoin Purchase

Bitcoin pioneer and Blockstream CEO Adam Back says Square’s massive BTC purchase is a sign that institutions are scooping up the leading crypto asset amid the marketwide correction. Back, who created a proof-of-work system before Bitcoin was invented, explains to his 247,500 followers the significance of Square’s latest BTC investment. “Worth noting… from the $51,000

Pantera Capital’s Joey Krug Unveils Exponential Ethereum Price Target for Current Crypto Cycle

The co-chief investment officer of blockchain investment fund Pantera Capital says Ethereum has huge upside potential in the current market cycle. In a new blog post, Joey Krug points to Ethereum’s dominance in smart contract transactions as the key driver of growth. “The vast majority of the value in that system (decentralized finance) is transacting