Monthly Archives: November 2020

Lolli integrates ‘free Bitcoin’ functionality for eBay before Black Friday

Free Bitcoin is up for grabs for eBay shoppers thanks to a team up with Lolli. Online auction marketplace eBay is teaming up Lolli, a crypto-centric shopping app, to integrate Bitcoin (BTC) rewards for its 127 million users. Lolli announced Wednesday that its users can earn 1% back in Bitcoin when they shop on eBay’s marketplace. The initiative is part of a dual strategy to integrate crypto payments with online marketplaces and to raise awareness about digital assets. Lolli CEO and cofounder Alex Adelman said: “Today, we […]

More info

Galaxy Digital CEO recommends investing up to 3% of one’s net worth into Bitcoin

“Look at it in five years, and it’s going to be a whole lot more,” opined Novogratz. With the price of Bitcoin continuing to test support around $19,000, Galaxy Digital founder and CEO Mike Novogratz recommends HODLing until 2025. In a Yahoo Finance Live interview published on Nov. 25, Novogratz said that the current Bitcoin (BTC) rally is being fueled by institutions and high-profile investors “slowly getting into the space.” He cited companies like PayPal and Square adopting crypto, as well as billionaire Stanley Druckenmiller recently suggesting […]

More info

Lithuania Rakes in 6.4 Million Euros From Selling Seized Cryptocurrencies

Lithuania’s tax authority has sold the cryptocurrencies it previously seized for 6.4 million euros (approximately $7.6 million). The three cryptocurrencies confiscated were bitcoin, ether, and monero. This was the first time the tax authority sold seized cryptocurrencies. Lithuania Sold Seized Cryptocurrencies The State Tax Inspectorate (STI) under the Ministry of Finance of the Republic of Lithuania announced Tuesday that it has sold the cryptocurrencies it confiscated in February and transferred 6.4 million euros to the state budget. The tax authority explained that this is the first time […]

More info

Deloitte: Financial institutions to boost future blockchain spending

A representative from the company expects 2021 to be “a breakout year for blockchain.” Many financial institutions are poised to increase their blockchain spending in 2021, according to an upcoming survey from Deloitte titled Financial Services Industry Outlooks 2020. Preliminary results shared with Cointelegraph indicate that 27% of the institutions surveyed expect a “slight increase in spend” for blockchain and distributed ledger technology, while 14% are expecting a large increase. A further 33% expect no change, with the remaining 27% are looking to cut their expenditure slightly. The […]

More info

Price analysis 11/25: BTC, ETH, XRP, BCH, LINK, LTC, ADA, DOT, BNB, XLM

Bitcoin and most major altcoins could consolidate for a few days before starting the next big move. The crypto market has been in a strong bull run over the past few days, and that has pushed Bitcoin (BTC) to its second-best day ever. Almost every trader now seems to be fixated on the magical figure of $20,000 per BTC. After such a sharp up-move, some traders are calling for a top, while others are projecting lofty targets for the future. Cryptocurrency market daily performance. Source: Coin360 CNBC Fast Money […]

More info

Facebook’s Libra hires former OCC prosecutor and central bank expert

The Libra Association has made a key hire in its pursuit of a new cryptocurrency and payments system. The Libra Association, which manages Facebook’s quiet cryptocurrency project, has appointed a general counsel to oversee the development of its forthcoming payment system.  In an official press release, the Libra Association Wednesday introduced Saumya Bhavsar as the new general counsel of Libra Networks, the entity charged with operating the blockchain-based payment system. Bhavsar comes with two decades of experience in the financial services industry serving in various legal, regulatory […]

More info

Celebrate Bitcoin Black Friday, Propel The Bitcoin Circular Economy

Bitcoin Black Friday was started by Jon Holmquist in 2012 as a way to co-opt a mainstream celebration of consumerism and help Bitcoiners promote their favorite technology. By encouraging merchants to offer discounts on their goods and services when shoppers paid with BTC, the holiday became a showcase for Bitcoin as a payments system, a tool to encourage more businesses to adopt it and a way for HODLers to propel the Bitcoin circular economy. The team behind Bitcoin Magazine relaunched Bitcoin Black Friday this year with a […]

More info

Video: “The Fiat Standard” With Saifedean Ammous

Listen To This Episode: Apple Spotify Google Libsyn Overcast “The Bitcoin Standard” by Saifedean Ammous is a fan-favorite book among Bitcoiners that is constantly recommended to newbies and veterans alike. It serves as a fantastic reference to learn about the history of money and what makes money valuable: two critical factors informing the importance of Bitcoin. I personally have written a few articles of my own about these topics and always find myself coming back to “The Bitcoin Standard” to gather information for my research. Learning the […]

More info

DoJ makes fintech giant sell Credit Karma’s tax wing to Square before $7.1B acquisition

Intuit, which also owns TurboTax, can’t hold all the keys to consumer tax software, the DoJ says. Per an announcement and series of filings on Wednesday, the United States Department of Justice is calling shenanigans on Intuit’s ambitions, at least in part. Intuit owns a stable of user-facing finance software, including budgeting app Mint, digital do-it-yourself tax software TurboTax and QuickBooks, for business accounting. The firm initially announced its acquisition of Credit Karma back in February. By its own account, Intuit was paying $7.1 billion. In its antitrust […]

More info

It’s Time To Join The Bitcoin Circular Economy

Makers of 3D-printed guns operate by the motto, “Free men don’t ask permission.” They don’t ask the State for permission to bear arms. They don’t rely on gun manufacturers to make a gun that they’d like to see developed. In doing so, 3D gun printing functions parallel to, and outside of the legacy model of regulated manufacturers producing compliant and serialized guns that can only be bought through third-party licensed firearms dealers after passing a State background check. A “Bitcoin circular economy” runs on the same principle. […]

More info
1 2 3 4