Crypto Ethone

  Digital assets on the Bitcoin blockchain are a perennial goal, but some of Bitcoin’s biggest backers don’t like the idea. When it comes to digital collectibles, most enthusiasts think of Ethereum, Solana, or Polygon—deservedly, as proof-of-stake blockchains have cornered the NFT marketplace. But digital collectibles using the Bitcoin blockchain have existed since 2014, and several projects have made it their continuing mission to bring NFTs to the first and biggest cryptocurrency. NFTs  are digital assets that are provably unique and linked to digital (and sometimes physical) content like digital art, movies, and music that show proof of ownership or membership in an exclusive group. Even though NFTs have been in the Bitcoin ecosystem for nearly a decade, however, some still don’t see the point. One of these projects is Ordinals, and some Bitcoin maximalists are calling it an affront to Bitcoin principles. Ordinals creator Casey Rodarmor takes the criticism in...

  Bitcoin could hit $1 million in just 7 years according to a new report from Cathie Wood’s ARK Invest FTX customers still don’t know if they’re going to get their money back; Sam Bankman-Fried’s criminal trial is ongoing; and the Crypto Winter of deflated coin values continues to drag on. But one of cryptocurrency’s biggest optimists still says the coin that started it all is primed for a massive comeback. Cathie Wood’s ARK Investment Management, the firm that has continued to buy crypto and shares of crypto companies even during the sector’s historic downturn over the past year, is betting on Bitcoin rising to new heights soon enough. All investors need is a little patience and faith. ARK forecasted Bitcoin to bounce back from its current lows to eventually be worth $1.48 million by 2030 in a new report published this week, a bullish scenario that would see Bitcoin’s value rising by more than 6,300% in just seven years. Bitcoin ...