Many crypto enthusiasts turned to social media on Friday to voice their frustrations with the state of the crypto market. One Reddit user named imyourkingg allegedly invested 30% of his net worth into Bitcoin (BTC) a few months ago, saying:"I don't need this money for the next 5 to 10 years, but I have to admit sometimes I get so afraid of Bitcoin's future; I mean it crashes or … [Read more...] about Redditors share their thoughts on buying Bitcoin at all-time highs
Buying
DeFi’s Wonderland Is Buying TIME
Decentralized finance (DeFi) protocol Wonderland saw its TIME token briefly drop below its treasury-backed value on Monday, prompting the team to buy back millions worth of TIME tokens to bolster the price.Wonderland falls within a category of popular DeFi projects known as “Ohm forks,” experimental protocols with aims of creating an independent monetary system. Yesterday’s … [Read more...] about DeFi’s Wonderland Is Buying TIME
LinksDAO NFT Sale Books First $10M Toward Buying an Actual Golf Course
LinksDAO says buying the NFTs would provide their holders exclusive perks, such as the right to purchase a membership at the first physical club LinksDAO acquires, discounts on golf tee times and access to members-only Discord channels, including guest appearances by golf, business and celebrity luminaries. Source link … [Read more...] about LinksDAO NFT Sale Books First $10M Toward Buying an Actual Golf Course
Bitcoin, Ether Dip in ‘Bearish Asia Session’ as China Rate Cut Fails to Inspire Risk Buying
Bitcoin and ether were again trading lower in Asian hours, continuing the year-long trend of losing ground mainly when America is asleep. The decline comes as traditional markets turn a blind eye to China’s interest rate cut and remain risk-averse.At press time, bitcoin, the top cryptocurrency by market value, was trading near $46,600, representing a 0.5% drop on the day. Ether … [Read more...] about Bitcoin, Ether Dip in ‘Bearish Asia Session’ as China Rate Cut Fails to Inspire Risk Buying
How Companies Are Exploring Alternatives to Buying and Holding Crypto
Publicly traded companies, large privately held companies and even national governments are stealing the crypto headlines nowadays thanks to their investment in crypto treasuries. MicroStrategy CEO Michael Saylor is the ultimate evangelist for the idea. His company holds over 121,000 of the 21 million bitcoins that will ever exist.That said, substituting cash reserves with … [Read more...] about How Companies Are Exploring Alternatives to Buying and Holding Crypto