Monthly Archives: May 2020

Former Google Analytics Advocate Bashes Crypto Space

Former Google analytics advocate and current CMO for software startup Think3, Adam Singer, went on a rant about the crypto space recently. In the midst of rising prices, Adam Singer showed his disapproval of the entire crypto space, describing it as cultlike.  “Bitcoin went from a creative economic experiment to cult of over exposed, get rich quick neo goldbugs rooting for the end of the world,” Singer tweeted on Thursday. Everyone is “watching the same chart 24/7 and taking online victory laps that would make Jordan Belfort […]

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Five Things to Do Other Than Worry About Coronavirus and Bitcoin Price

The Bitcoin halving and coronavirus are still dominating media headlines, here’s five things to do while waiting on both events to end. Let’s face it: Whether you’re an avid crypto enthusiast or just mildly interested in this blooming industry, chances are you’ve read, seen or heard more stories about the coronavirus and the Bitcoin (BTC) halving than you’d probably like to.  In all fairness, the coronavirus led to the world has collectively agreeing to press pause in an unprecedented manner, so the fact that a global pandemic […]

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Gibraltar MP: Unless Outlawed, Every Country Recognizes Crypto Payments

Gibraltar’s financial minister says every jurisdiction recognizes crypto payments in the absence of policies explicitly outlawing them. In an exclusive interview with Cointelegraph, Albert Isola, Gibraltar’s minister for digital and financial services, argued that every country that respects contract laws recognizes crypto payments in the absence of regulation which prohibits them. On the question of whether Gibraltar legally recognizes crypto asset payments, Minister Isola stated: “Yes. [T]he transfer of crypto assets and crypto payments [are] already happening.” “On the question of whether they are recognized, I don’t […]

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Google Searches for ‘Bitcoin Halving’ Skyrocket to Unprecedented Numbers

Google data shows unprecedented interest in Bitcoin’s block halving, far exceeding 2016 numbers. Google searches for “Bitcoin halving” have hit an all-time high, far exceeding the spike associated with the previous halving event by 350%. Searches for the Bitcoin (BTC) halving event have reached 100 on Google’s normalized scale, indicating their highest-ever value. At the time of the last halving in 2016, this value was at 28. This means that the current level of interest is nearly 360% higher than it was four years ago. Google searches […]

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Bitcoin Acceptance Skyrockets in Venezuela Amid Hyperinflation Crisis

As Venezuela’s economy continues to endure hyperinflation, more businesses start accepting crypto. Over 20,000 shops and enterprises in Venezuela will reportedly start accepting crypto by June 1. This news was made available as part of an effort to drive crypto adoption in the hyperinflation-stricken country.  Earlier today, Panama-based cryptocurrency merchant gateway startup, Cryptobuyer, announced a partnership with Venezuelan company, Mega Soft, which processes payments for thousands of local businesses via its platform called “Merchant Server”.  The platform will now accept Bitcoin (BTC), Ethereum (ETH), Dash (DASH), Litecoin […]

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Cointext CTO Reveals a New Protocol That Aims to Bolster a Censorship-Resistant Economy for Bitcoin Cash

On May 7, the Cointext CTO and cofounder of Countermarkets, Vin Armani revealed a new project he’s been working on called “Signal, Watch, and Pay Protocol” (SWaP). Armani’s published specification and reference code of SWaP indicates that the platform allows “onchain, peer-to-peer negotiation and execution of ‘collaborative transactions.’” SWaP: Onchain, Trustless, and Collaborative Transactions Vin Armani is well known for his free market views and he’s also the chief technical officer at Cointext. During the last few months, Armani has published a few different things that aim […]

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“I Can’t Wait to Throw Up Less Bitcoin�, Says Bitcoin Cartoon Hero

Bitcoin from cartoon series “Bitcoin and Friendsâ€� shared his feelings about the upcoming halving and bullish view of his own future. Bitcoin from the Youtube cartoon series “Bitcoin and Friends” shared his feelings on the upcoming halving and a bullish view of his own future.  After falling sick briefly after a short trip to Wuhan, the cartoon hero is “alive and kicking”.  Bitcoin is looking forward to the halving which will allow him to throw up less Bitcoin – that is how the appearance of new Bitcoin is […]

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66% of ETH Hodlers Plan to Stake at Least Some of Their Coins

Two-thirds of Ethereum hodlers are planning on staking their coins when ETH 2.0 goes live in the coming months. Ethereum (ETH)-focused blockchain technology firm, ConsenSys, has published a report looking at the staking and custody preferences of ETH holders. The report finds that two-thirds of Ethereum investors plan to stake their coins once the first phase of ETH 2.0’s roll-out is completed. Interestingly, ETH holders who plan to run their own validator nodes are expecting to receive lower annualized rewards than those who intend to stake through […]

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Bitcoin Went Parabolic The Last Time This Happened

A key plateau was reached yesterday that is associated with some of the biggest bull runs in history. The number of active Bitcoin (BTC) addresses just broke an important plateau. If history is anything to go by, this metric may indicate that we’re in for a parabolic bull run. On May 7, the number of active Bitcoin addresses exceeded 1 million for the first time since June 2019, when the price eclipsed $13,000. Prior to that, there have only ever been this many active addresses on the […]

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Price Analysis 5/8: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, XLM

After Bitcoin’s rally, several major cryptocurrencies are attempting to resume their up move. Billionaire hedge fund manager Paul Tudor Jones has added Bitcoin (BTC) to his portfolio. In a letter to his clients, Jones said that the top-ranked cryptocurrency on CoinMarketCap was likely to play a similar role to the one that was played by gold in the 1970s.  Jones added that Bitcoin was the fastest horse, hence, he was placing a bet on it. This move could attract other hedge fund managers to cryptocurrencies as they […]

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