Erik Voorhees tips $40K BTC by June, but little consensus among pundits
There is little agreement among Bitcoin’s commentators over the last few weeks, with crypto execs, research analysts and billionaire investors offering wildly different takes on what’s in store for Bitcoin for the year ahead. One crypto exchange founder expects Bitcoin (BTC) to spike to $40,000 by the “summer” of 2023, while a Bitcoin billionaire has […]
Tim Draper still positive on $250K Bitcoin price prediction in 2023
Billionaire venture capitalist and serial blockchain investor Tim Draper is not giving up on his near-term Bitcoin (BTC) prediction despite the recent issues in the cryptocurrency industry. Draper continues to stick with his optimistic prediction that Bitcoin will hit $250,000 in 2023 despite the ongoing crypto crisis fueled by FTX. “No change in the price […]
Bitcoin billionaires back ‘moonshot’ scheme to resurrect woolly mammoths
Bitcoin billionaires Tim Draper and the Winklevoss twins have backed a start-up dubbed “Colossal” that is aiming to resurrect woolly mammoths as part of the effort to fight climate change. The “de-extinction” focused bioscience firm closed a $15 million funding round on Sept.13, which was led by Legendary Pictures founder Thomas Tull. The round also […]
Tim Draper-backed crypto derivatives exchange raises $18M
A new global cryptocurrency derivatives exchange, Globe Derivative Exchange, or GlobeDX, continues preparation for the platform’s launch by securing another major raise. GlobeDX announced Wednesday that the firm has successfully raised $18 million through a new funding round featuring investors like seed money startup accelerator Y Combinator and Tim Draper’s Draper Dragon fund. Other investors […]
Web browser Opera integrates .crypto domain names for users on any device
Crypto-friendly web browser Opera is expanding its integration of decentralized web pages provided by blockchain domain name provider Unstoppable Domains — a blockchain firm backed by the high-profile Bitcoin (BTC) advocate Tim Draper. On Wednesday, Opera said that users of the browser on any platform — iOS, Android, Windows, Mac or Linux — will now benefit from […]
Biden’s proposed capital gains tax rise will hit only richest 0.3%
Following major sell-offs in cryptocurrency markets amid reports of United States President Joe Biden’s capital gains tax rise proposal last week, the Biden administration defended nearly doubling tax levies for only the “very, very richest.” A senior Biden administration official claimed that only 0.3% of taxpayers in the U.S. would be affected by higher levies […]
Bitcoin facilitates a global economy, says Tim Draper
Venture capitalist Tim Draper is continuing his bullish talk on Bitcoin in some investment tips for those new to the crypto space. Speaking at the Collision web summit on Thursday, Draper said Bitcoin (BTC) could incentivize governments around the world to compete for the attention and devotion — and seemingly, money — of its citizens. […]