Monthly Archives: January 2021

Telos’ ‘T-Bond’ NFTs aim to breathe liquidity life into projects young and old

Telos hopes the new fundraising tool will give a jolt to their platform, as well as others On Wednesday the Telos blockchain announced the launch of a new tool designed to help low-liquidity projects fundraise: a NFT product known as a “T-Bond.”  In an interview with Cointelegraph, Douglas Horn — the author of the Telos whitepaper and the CEO of GoodBlock, a development company who assists with Telos core development — said that token-based fundraising is a tricky problem for both established and new projects. “Many crypto […]

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Economist David Rosenberg Pleads Ignorance on Bitcoin After Predicting Massive Bubble

Economist David Rosenberg has pleaded “ignorance on bitcoin” after saying that the cryptocurrency was in a massive bubble. He admitted that bitcoin has exceeded his expectation but he still prefers gold because he understands it a lot better than bitcoin. ‘Bitcoin Has Exceeded Almost Everybody’s Expectations’ David Rosenberg, chief economist and strategist at Rosenberg Research, admitted Thursday on Trading Nation that bitcoin had exceeded his expectation. His admission came after he said in December that bitcoin was “in a massive bubble.” The economist told Bloomberg at the […]

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Mike Novogratz attributes BTC’s rise past $30K to institutional adoption

According to the Galaxy Digital CEO, institutions have a greater opportunity to buy Bitcoin currently in circulation, driving up the price. Galaxy Digital founder and CEO Mike Novogratz believes institutional investors are helping drive the current Bitcoin bull run. In an interview with BBC World News today, Novogratz said governments around world printing money and “debasing fiat money” was fueling the ongoing Bitcoin (BTC) bull run, but institutional players getting into crypto may be the bigger story. The Galaxy Digital CEO said major firms had changed their […]

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IRS to transition from ‘education to enforcement’, says former division chief

A former top investigator is warning that the IRS might be shifting crypto tax payment enforcement into high gear A former top investigator is warning that “a high-stakes game of chicken” between the Internal Revenue Service (IRS) and cryptocurrency holders who fail to properly report their earnings will be entering a new phase in 2021 as the tax collection agency begins to focus on pursuing “civil and, potentially, criminal penalties.” In an article co-authored by Don Fort today, the former chief of the Internal Revenue Service’s (IRS) […]

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Billionaires, Teslas, and Satoshi: fun facts for Genesis Block Day

Satoshi Nakamoto mined the first Bitcoin block 12 years ago today. Since Satoshi Nakamoto mined the first Bitcon block on Jan. 3, 2009, the crypto asset has led to substantial gains for investors given its meteoric rise in the last week alone. The price of Bitcoin (BTC) reached parity with the U.S. dollar almost ten years ago today, a milestone lauded by many as another step towards adoption. With Bitcoin currently fluctuating between $32,000 and $34,000, however, the price of the cryptocurrency is now the same as that […]

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Top 5 cryptocurrencies to watch this week: BTC, ETH, DOT, BNB, UNI

Bitcoin may be in the last leg of its parabolic run and if the rally sustains, select altcoins may surprise to the upside. Bitcoin (BTC) has consistently been hitting new all-time highs over the weekend, but the latest surge has also created a new high against gold, according to MarketWatch data. This suggests that Bitcoin has been gaining acceptance as the new store of value and that may attract more customers away from gold into Bitcoin.  Analysts suggest that the latest rally above $30,000 could have been […]

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Can’t Keep a Good Dog Down: Meme Token Dogecoin Spiked Over 500% This Year

The leading cryptocurrency bitcoin has crossed new all-time highs (ATH) in 2020 and into 2021 as well. However, many other digital assets have a long way to go to reach the ATH they experienced three years ago in 2017. Although one particular older cryptocurrency, the popular meme token Dogecoin is nearing its 2017 ATH, well before a large slew of older coins. Dogecoin’s yearly gains have even outpaced bitcoin’s gains by rising more than 535% during the course of the year. A great number of cryptocurrencies have […]

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Ethereum targets $1K after ETH, altcoins rally versus Bitcoin

ETH is making serious inroads in both BTC and USD terms in what a Cointelegraph analyst says is a classic sign that altcoins are coming back from the dead. Ether (ETH) has broken a critical price point against Bitcoin (BTC), signalling that altcoins may be about to see huge gains. Cryptocurrency market overview. Source: Coin360 I’d take Ether bet “all day long” — Winklevoss Data from Cointelegraph Markets, Coin360 and TradingView showed ETH/BTC pass the essential 0.026 level in just one daily candle on Jan. 3. After […]

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Social media interest in Bitcoin hits all-time high

As Bitcoin’s price soars, the cryptocurrency has broken several key Twitter metrics Twitter analytics data indicates that as Bitcoin continues to post all-time highs well into the $30,000s, social media interest in the digital currency is likewise setting new records across numerous key metrics.  In a tweet Saturday night, the official handle for The TIE, a cryptocurrency data firm, showed that the number of unique Twitter handles tweeting about Bitcoin has hit a new all-time high, eclipsing a 64,000 mark last seen during the peak of the […]

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1,000 Decade-Old Dormant Bitcoins Moved Today on Bitcoin’s 12th Anniversary

12 years ago, Bitcoin’s inventor Satoshi Nakamoto launched the network after revealing the cryptocurrency concept via the white paper a few months prior. At approximately 18:15:05 UTC, the network launched its first block and since then, over 664,000 bitcoin blocks have been mined. Moreover, on the 12th anniversary of the network coming to life, a large string of 2010 block rewards started moving after more than ten years of sitting idle. The 12th Anniversary of the Bitcoin Blockchain Cryptocurrency proponents are celebrating the invocation of the first […]

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