The former CEO of payment company PayPal and billionaire Peter Thiel said he doesn't see the massive growth of bitcoin starting anytime soon. During the Founders Fund program on CNBC Peter Thiel said that he still has some BTC in his wallets, but not as much as he should have. At the same time, Peter Thiel is not sure when a new batch of buyers will come to the market, as now all eyes are on the results of spot bitcoin ETFs. It is quite possible that the rate will rise by some percentage, but it will be a volatile period with large drawdowns and growth. Peter Thiel invested in bitcoin back in 2014, and recorded a $1.8 billion profit in 2022 before the rate plummeted, but as it turns out, Peter Thiel has become a bit disillusioned with bitcoin, as he initially saw BTC as anarchic, out-of-control money for governments, but people at the FBI say it would be better if criminals used bitcoin instead of $100 bills, so the technology isn't working the way it should.

Hackers hacked into Metallica's social network X account to promote their METAL token on the Solana blockchain. The scammers managed to earn $3 million. In the first tweet posted on behalf of Metallica, the attackers announced that the METAL token would improve fan interaction with the music band. Subscribers were told that the developers of the METAL token have partnered with Ticketmaster, so investors can enjoy discounts of up to 25% on concert tickets, as well as participate in an exclusive token giveaway. The hackers then published another tweet that talked about a partnership with the MoonPay payment service, making it possible for users to buy METAL tokens with credit and debit cards. MoonPay management soon denied the information, saying that they do not support the token: If someone is offering you a $METAL token, they are not the master of puppets – they’re the master of scams! — MoonPay About 20 minutes after the hacker tweets were published, the market capitalizatio...

What to do if you want to be in the cryptocurrency market, but do not want to buy coins directly? I will tell you in the article what are the ways. Cryptocurrency ETFs Cryptocurrency Exchange Traded Funds (ETFs) are exchange traded investment funds that track the prices of cryptocurrency assets. By purchasing ETFs, you can access changes in the value of cryptocurrencies without the need to manage private keys and store digital wallets. Grayscale Bitcoin Trust (GBTC) is one of the well-known cryptocurrency ETFs. With GBTC, you get exposure to the price of bitcoin. For example, if you buy GBTC shares and the price of bitcoin doubles, the value of your GBTC shares will also double. Bitwise 10 Crypto Index Fund (BITW) is a fund that invests in the 10 largest cryptocurrencies by market capitalization. The fund buys assets from the Bitwise 10 Crypto Index, excluding Bitcoin. Osprey Bitcoin Trust (OBTC) is a fund that invests only in bitcoin. OBTC allows investors to access...

Despite the decline in the crypto market, Ethereum and a couple of altcoins have received a bullish signal for the long term. Analytical firm Santiment has published new data. According to the report, the supply of some cryptocurrencies to the wallets of major exchanges has decreased. This indicates that users have become less interested in trading and more interested in saving. Among the cryptocurrencies for which this is observed are Ethereum (ETH), Shiba Inu (SHIB) and Chainlink (LINK). The outflow of ETH from exchange wallets from May 27 to now is 8.6%. For SHIB it is 2.4%, for LINK — 2.9%. At the same time, the volume of crypto-assets on the balance sheets of long-term holders has grown. This means investors who hold assets for a year or more. According to IntoTheBlock, over 24 hours the balance on the wallets of long-term ETH holders grew by 1.4%. For LINK the growth amounted to 0.8%, for SHIB — no change. This is a signal of market confidence in the growth prospects of the ...

Don't be a loser Robert Kiyosaki American entrepreneur Robert Kiyosaki is worried about the losers who have not yet bought bitcoin. Now a lot of people wish they had bought bitcoin at $10, but the market is not going to go back, so you should buy BTC at its current value. Bitcoin is expensive, but not as expensive as it may become in the future. Don't be a loser and buy as many bitcoins as you can, urges Robert Kiyosaki. Everyone buys bitcoin at a price they deserve Michael Saylor Speaking at the BTC Prague event, Michael Saylor said that he was initially skeptical of bitcoin. When he first learned about bitcoin in 2013, the businessman saw it as something similar to online gambling, which made him refuse to invest in BTC. Now Michael Saylor laments that he missed the opportunity to buy bitcoin when it was worth about $892 and ended up buying it for $9500. The MicroStrategy executive has since become a strong supporter of bitcoin, calling BTC "digital gold" and ...