Monthly Archives: February 2021

The USD Dam: How To Spot The Failures Of Faith And Function In Fiat Currencies

As of late, it is a regular occurrence to hear suits from the mainstream media cry out for the “need for liquidity to save us.”  “But what is this liquidity that they speak of?” the average Joe may think. The ocean of monetary energy known as the U.S. dollar is often misunderstood but this “liquidity” can be the difference between hardly surviving or thriving with minimal effort.  Often revolving around how close one is to freshly made supply. (Brrr). This ocean of monetary energy may seem safe […]

More info

Ethereum price hits a $1,500 all-time high as ETH options and DeFi heat up

Growth in DeFi, increasing on-chain activity and the strength of the bullish Ethereum options market helped send Ether price to a new all-time high at $1,500. The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, achieved a new all-time high at $1,500 today. Data suggest that the ETH options market showed dominant call activity and this may be a primary factor in the rally to a new high. Across major exchanges, the price of ETH surpassed $1,500, after the options market showed dominant […]

More info

Stellar becomes new home of USDC as integration goes live

The Stellar blockchain can be used to pay with USDC, the second-largest stablecoin. The Stellar Development Foundation announced Tuesday that an anticipated integration with USD Coin (USDC) is live. Users can now transact with USDC on the Stellar blockchain. The integration with the second-largest stablecoin was initially announced in October 2020, as Cointelegraph reported at the time. The stablecoin has since doubled its total supply to approach $6 billion, up from $2.7 billion in October 2020.  USDC is primarily used on Ethereum, where almost the entirety of its […]

More info

Crypto industry must keep scammers from stealing another $16 billion

Crypto scams don’t just impact investors but the credibility of the industry as a whole, stagnating crypto’s progress. Unsuspecting investors have lost $16 billion by buying into crypto projects they thought would be the next best thing. And that money is nearly impossible to recover. As the crypto industry established itself as a disruptor of currency and technology and as Bitcoin (BTC) began to gain traction in 2017, scammers took advantage of naïve investors interested in getting involved.  Related: Crypto Crimes Rated: From the Twitter Hackers to […]

More info

Mark Cuban talks Bitcoin HODLers and blockchain stocks in recent AMA

“Stocks will be on the blockchain in the future,” predicted the billionaire. Jumping on the r/Wallstreetbets subreddit for an Ask Me Anything session recently, Dallas Mavericks owner Mark Cuban shared his thoughts on GameStop shorts, general investing, and various crypto-related topics. The billionaire said “the game is changing” when it comes to stocks, but encouraged the Redditors to look at Bitcoin (BTC) investors for guidance. “BTC HODLers are a great example to follow,” said Cuban. “Many bought at the highs in 2017 and watched it fall by […]

More info

Gamestop Shares and Reddit Fueled Stocks Plummet, Crypto Fans Say Bitcoin Is the Only True Attack

Following the Wallstreetbets saga last week, a great number of the popular shares being fueled by social media have started to tank in value. Gamestop shares dropped over 60% on Tuesday, while AMC dropped more than 49% shaking investors who bought into these stocks to the core. Meanwhile, a number of cryptocurrency advocates believe the only true way to stick it to the bankers and Wall Street is to leverage digital assets like bitcoin. Reddit’s Favorite Stocks Begin to Feel Pain Last week, news.Bitcoin.com published numerous reports […]

More info

Interview: Teaching Bitcoin With @AnilSaidSo

Listen To This Episode: Apple Spotify Google Libsyn Overcast This week on the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with Anil (@AnilSaidSo on Twitter) to discuss his amazing Bitcoin educational content. Anil has made a name for himself in the Bitcoin community because of his informative and simple distillations of very complex and important concepts for understanding Bitcoin. Anil creates amazing Twitter threads, webpages and short ebooks to explain concepts like why Bitcoin is neutral, Bitcoin vs. the dollar, notable Bitcoiners, the sovereign individual, understanding […]

More info

Ethereum derivatives data suggests traders expect prices above $2,000

Data shows 99.5% of the neutral-to-bearish Ether put options will become worthless above $1,360, leaving bulls with a significant advantage for the foreseeable future. After marking a new $1,477 high on Jan. 24, Ether’s (ETH) price was shaken down to $1,206 on Jan. 27 but according to derivatives markets, bulls remain confident that $2,000 is still within reach. The neutral-to-bearish put options open interest above $1,360 is irrelevant and only 2,540 ETH options, equivalent to a $3.4 million in open interest, is above that price level. That […]

More info

Kenetic co-founder purchases .NFT domain extension for $84K

“The possibilities of the NFT domain are endless,” said Jehan Chu. In a single purchase, Jehan Chu, co-founder of Hong Kong-based crypto investment firm Kenetic Capital, has bought the ability to issue a seemingly unlimited number of “NFT” subdomains on the Handshake blockchain. According to Kenetic, Chu purchased the .NFT domain extension for 84,000 USD, or roughly 680,000 Handshake (HNS) tokens at the time, brokered through the Namebase marketplace. The crypto investor reportedly owns more than 1,300 Handshake domains. He said he bought the extension while observing a […]

More info

Brave browser active user base doubled in 2020, hits 25M per month

The privacy-centric browser allows users to “opt out of the surveillance economy,” said Brave CEO Brendan Eich. Brave, the privacy-centric web browser built on Basic Attention Token (BAT), more than doubled the size of its user base over the course of 2020. The browser’s monthly active users increased from 11.6 million to 25.4 million, according to a recent press release. Brave blocks ads and stops websites from tracking users’ movements around the internet while rewarding them with BAT tokens for the attention they do choose to give […]

More info
1 2 3 4 6