Monthly Archives: February 2021

Altcoins soar to multi-year highs while Bitcoin price gathers steam

Etheruem’s rally to a new all-time high is being followed by equally impressive performances from the majority of altcoins. Ether (ETH) led the market higher as it trekked toward another new all-time high at $1,763. ETH CME futures are scheduled to launch on Feb. 9, leading many analysts to predict that the top-ranked altcoin will hit $2,000 before meeting any significant resistance.  Data from Cointelegraph Markets and TradingView shows Ether currently trades at $1,714, an increase of 3.27% on the 24-hour chart while Bitcoin (BTC) is up […]

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Bitcoin is not a bubble anymore, Amber Group CEO says

Bitcoin will still have notable value fluctuations, but it’s out of bubble territory, according to Michael Wu. A number of entities have called Bitcoin (BTC) a bubble since its inception roughly 12 years ago. Michael Wu, CEO of digital asset financial services outfit Amber Group, thinks otherwise, however.  “I think it’s always like this when people come into a new paradigm shift,” Wu said in a CNBC interview on Thursday, referring to the concept of Bitcoin as a bubble. “People start with doubts, with skepticism — it’s […]

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Bitcoin: A Hedge Against The Dystopian Present

In a recent interview with Bloomberg, when asked about the potential of Bitcoin, Kenneth Rogoff, an economist and Harvard faculty member, conceded that the cryptocurrency has a future…. but only if the future is “dystopian” in nature. But what if the dystopian future is already here? Without wishing to engage in linguistic inflation, let us start off by defining the term “dystopia.” A dystopia is simply “a community or society that is undesirable or frightening.” One needn’t be living in a Mad Max nightmare to find modern […]

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Law Decoded: New dawn or bad moon rising for trust-busting in tech, Jan. 29–Feb. 5

Lawmakers are prepping new tools to pursue tech firms accused of anti-competitive business practices. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note As they say, the sun never sets on the Google empire. That said, the role of antitrust law in tech has been on the rise in recent years. Every indication is that the situation is only going to get worse for mega tech firms.  So Jeff Bezos’ departure from the top spot […]

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Blockchain Innovation Done the Polkadot Way According to Gavin Wood

In a recent Realvision interview, the developer Gavin Wood explains how Polkadot reimagines the innovation ecosystem from the ground up. Wood also discusses how the Polkadot protocol is both similar but also different than Ethereum, the second-largest crypto asset by market valuation. Polkadot: A Bet Against Maximalism Innovation involves the pioneering and actualization of a creative new way of doing something. For famed blockchain programmer Gavin Wood, Polkadot is the platform that unlocks the potential of swifter blockchain innovation. By building a platform of platforms, or 0-layer […]

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Price analysis 2/5: BTC, ETH, XRP, DOT, ADA, LINK, LTC, BNB, BCH, XLM

Altcoins are reaching multi-year highs while Bitcoin price builds momentum for the next run at the $40,000 level. Bitcoin’s (BTC) correction from its January high has not shaken the confidence of institutional investors. According to Glassnode analysts, the number of whales holding more than 1,000 Bitcoin has increased by 200 this year. Along with the institutions, several high profile investors have also committed money to the crypto sector. Hedge fund manager Paul Tudor Jones, former PepsiCo CEO Indra Nooyi, and American rapper LL Cool J have invested […]

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The Advantages And Drawbacks Of Replace By Fee

Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of “The Van Wirdum Sjorsnado,” hosts Aaron van Wirdum and Sjors Provoost discussed replace by fee (RBF). RBF is a trick that lets unconfirmed transactions be replaced by conflicting transactions that include a higher fee. With RBF, users can essentially bump a transaction fee to incentivize miners to include the transaction in a block. Van Wirdum and Provoost explained the three advantages of RBF: the option to “speed up” a transaction (one), which can in […]

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BlockTower Capital CIO estimates another 9–22 months of bull run for crypto

The crypto gains are coming in, but how long will it last? How long will crypto’s current season of prosperity last? Ari Paul, chief information officer at BlockTower Capital, thinks the bull run has at least nine more months.  In a tweet on Feb. 4, Paul said the industry is currently in the “7th inning of the crypto bull market.” He added: “This is where we get ongoing, dizzying rotation. BTC up, then when BTC takes a breather, ETH and some largecaps (and in this regime, defi […]

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South African Regulator Warns Crypto Investors to ‘Be Prepared to Lose All’ Following Collapse of Bitcoin Trading Company MTI

The Financial Sector Conduct Authority (FSCA) has issued what it terms crypto health warning after receiving many complaints from South African victims of crypto scams. In the warning, the FSCA reminds prospective investors that crypto-related investments are currently not regulated. Therefore, investors have no recourse against anyone should they get duped. Cryptocurrencies Are High-Risk Assets The FSCA’s warning comes a few weeks after an executive with the regulatory body bemoaned the challenges of regulating cryptocurrencies and how scammers are taking advantage of this. The official singled out […]

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The year 2021 will bring DeFi into adolescence

2021 will be a pivotal year for DeFi by transforming the way we see financial services and the future of money. Following the explosive growth of decentralized finance in the second half of 2020, we’re asking ourselves what the next chapter will look like. What would it take for DeFi to expand beyond crypto-native assets and communities and start eating financial services as we know it? The second half of 2020 surpassed many of our expectations, and the market has only accelerated since then. Total value locked […]

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