Andrew Turner

Blog Info CoinCheckup Blog – Cryptocurrency News, Articles & Resources
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Stats Has written 56 posts about cryptocurrency

Nov 28 2020

More than $4 bilion in crypto assets from the PlusToken ponzi scheme have been seized by Chinese police

As with most fraudulent crypto investment schemes, PlusToken victims were promised high and consistent returns with minimal to zero risk. The operators of PlusToken said that the returns “earned” by investors were generated through arbitrage trading. In reality, there was no arbitrage trading going on - the returns were generated by distributing investments from new members to old members.

Nov 26 2020

Macro Investor Dan Tapiero: BTC Could Reach as High as $500,000

Macro investor Dan Tapiero predicts that $15 trillion in capital will come to Bitcoin from institutions. If this happens, BTC's price can go up to approximately $500,000.

Nov 25 2020

Grayscale’s Bitcoin Trust Is Growing while Gold ETFs Record Modest Outflows – JPMorgan

Leading crypto asset manager Grayscale’s »Drop Gold« advertising campaign was design to convince investors that Bitcoin is a superior investment to gold. Grayscale ran the »Drop Gold« campaign last year, but it seems that its main message is resonating better right now. Michael Sonnenshein, the managing director of Grayscale, described 2020 as an unprecedented year regarding wealth inflows for the firm.

Ripple in Q3 2020, XRP Price Prediction 2021

Ripple (XRP) holders should be aware of the project’s development this Q3 2020. Let’s see how it affects XRP price prediction in 2021.

Daim creates company-sponsored retirement plan that allocates up to 10% to Bitcoin

Daim (Digital Asset Investment Management) has introduced a company-sponsored retirement plan that allocates up to 10% of its holdings to Bitcoin. The program is compliant with ERISA, and Gemini Trust will hold the BTC assets for Daim. The Bitcoin assets will be held in cold storage, which is the safest way to store Bitcoin

Axie Infinity’s token sale raises $860,000

Axie Infinity is a blockchain-based game which can best be described as a combination of Pokemon and CryptoKitties. The game leverages Ethereum’s non- fungible token standard so that players can collect unique Axies, and has more than 10,000 monthly active users.

Nov 24 2020

Top 4 Coins to Watch – Week 48

Another interesting week on the crypto markets is ahead of us. In fact, there is so much going on this week that it was next to impossible to pick just 3 coins to watch. Therefore our this week’s selection exclusively includes 4 coins. The additional coin makes the article a bit lengthier, so let’s take a dive right into it.

Nov 20 2020

Rich and Famous People Are Flocking to Bitcoin

The Bitcoin market has been in a frenzy lately, and it's attracting a lot of attention. We’re seeing famous individuals discussing Bitcoin publicly at an increased rate. Wealthy ad famous people are very influential, and when they enter the crypto space, others will think more seriously about this new world.

ECB President Christine Lagarde Says She Has a Hunch That Europe Will Release a Digital Euro

European Central Bank president Christine Lagarde thinks it’s more likely than not that Europe will decide to release a digital euro. When commenting on the digital euro, Lagarde also explained that the ECB isn’t racing to be the first to release a central bank digital currency, but added that she believes the bank will decide about this project shortly.

Nov 19 2020

8 Fun Ways to Stay Entertained at Home During the Fall Months

With fall now upon us and summer well in the past, you may be left wondering what things you can do to keep yourself entertained. While there are some warm fall days, the majority will be too chilly to spend outside, and if you’re a lover of the outdoors, this is not a good thing.

Nov 18 2020

What’s So Different Between Regular Online Casinos and Crypto Casinos

Satoshi Nakamoto, the pseudonym of the Bitcoin creator, developed cryptocurrencies as a medium of payment and a store of value. The other cryptocurrencies that followed had similar or more advanced use cases. The way cryptocurrencies redefined payments was a clear indication that they will soon become a part of many other industries apart from pure account-to-account digital payments.

Impending Ethereum Bull Run? ETH Holdings on Exchanges Reach Lowest Level Since 2018

Although ETH has strong fundamentals and is the spine of the decentralized finance ecosystem, its price action has been sharply underperforming BTC for a few weeks now. ETH's price is now below its peaks in 2020, while BTC's price is at its highest levels since the massive bull run of 2017.

Nov 16 2020

Top 3 Coins to Watch – Week 47

We’re now well into Q4 2020, and Bitcoin is currently the star of the show in the cryptocurrency market. The world’s largest cryptocurrency has been on a tear recently, and sentiment is overwhelmingly bullish. Besides Bitcoin, we’re also featuring a popular privacy coin that’s about to have its first-ever halving, as well as an ambitious blockchain project focused on scalability and interoperability. Without...

Nov 13 2020

Bitcoin, Ethereum, & Ripple Price Analysis: BTC Breaches $16,000 With ETH Above $465 And XRP Lagging Behind – Where Are We Heading?

Bitcoin has been on an absolute rampage this month as the cryptocurrency managed to increase by a strong 42.6% to break $16,000. Although this is positive news for the industry, it is still yet to seep into altcoin. Over the past month, Ethereum has surged by 23.4% but XRP has barely moved as it climbed by a tiny 1.34% in comparison.

Binance is asking U.S. users to withdraw their cryptocurrency from the exchange

Binance is the world’s largest cryptocurrency exchange by trade volume. The platform earned its popularity by listing a wide variety of altcoins, and providing in-demand products such as Binance Coin, futures contracts and lending. According to Binance’s terms and conditions, users from the United States are not allowed to use the platform.

Nov 11 2020

Is Nouriel Roubini changing his tune on BTC?

Nouriel Roubini, a professor at New York University’s Stern Chool of Business, is one of the most prominent critics of Bitcoin. Roubini has been on a warpath against Bitcoin for years, and he believes BTC is related to internet frauds and criminal activities. He considers blockchain as a theoretical concept that is not practical.

Vitalik Buterin Stakes 3,200 ETH in Ethereum 2.0

The second generation of Ethereum, also known as Ethereum 2.0, is currently in development. Ethereum is moving over to Proof-of-Stake in order to circumvent the downsides of Proof-of-Work consensus designs. Proof of Stake (PoS) saves more energy, provides better performance and doesn't need expensive hardware and equipment.

Nov 10 2020

CoinCheckup Receives Major Upgrade – Highly Accurate Crypto Prices, Customizable Frontpage, Better Mobile Experience and More

CoinCheckup has been around since 2017, and we’re glad so many of you have chosen our platform as your source of cryptocurrency information. The cryptocurrency markets move fast and websites like CoinCheckup need to be refreshed periodically to keep up with the times.

According to Bill Miller, all leading banks will have exposure to BTC

Veteran investor Bill Miller says that all leading banks and prominent investment firms will ultimately have exposure to BTC or a similar asset. He believes Bitcoin is here to stay, and is growing stronger and stronger. BTC's fundamentals have attracted a lot of attention, and now people like Bill Miller are optimistic about it.

Nov 09 2020

Top 3 Coins to Watch – Week 46

As we make our way through Q4 2020, several cryptocurrency projects are making upgrades to their platforms and other changes that could arouse the interest of the broader cryptocurrency community. With all eyes on Bitcoin and Ethereum, this week’s selection of top 3 coins to watch aims to shine a light on some smaller market cap cryptocurrencies, which look set for some interesting...

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