Monthly Archives: February 2021

Mad Money’s Jim Cramer Says Tesla, Paypal, Mastercard Are Pushing Bitcoin More Into Mainstream

Mad Money host Jim Cramer has applauded Elon Musk and Tesla for their bitcoin investment. He said that Tesla, Paypal, and Mastercard are pushing bitcoin more into the mainstream. He believes that more companies should do more with their cash as Tesla did. Jim Cramer on Tesla, Paypal, and Bitcoin Jim Cramer shared his views Monday on bitcoin and Elon Musk’s Tesla investing $1.5 billion in the cryptocurrency on The Street. Cramer is the host of Mad Money on CNBC and a former hedge fund manager who […]

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Bitcoin flippens Russian ruble after Tesla purchase

The crypto asset’s market capitalization has also overtaken Tesla’s again, following an overnight price surge. After hitting a new all-time high of more than $48,000 earlier today, the market capitalization of Bitcoin has surpassed the total market cap of the Russian ruble.  According to data from AssetDash, Bitcoin’s market cap is $871 billion at the time of publication. This exceeds the money supply of the Russian ruble, which as of January was estimated to be 58.6 trillion RUB, currently valued at roughly $791.1 billion. The crypto asset has […]

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Amid hiring spree, Blockchain Association adds Token Taxonomy Act guru to team

The former aide to Representative Davidson will join crypto’s leading trade association. The Blockchain Association, a leading trade association and lobbying group, has hired Ron Hammond as its new director of government relations.  The Blockchain Association has been one of Washington, D.C.’s biggest advocates for the crypto industry since its launch in 2018. Executive director Kristin Smith recently appeared on Cointelegraph’s Top 100 list.  Hammond, meanwhile, cut his teeth working on crypto policy for Representative Warren Davidson, most notably the Token Taxonomy Act, which is also the […]

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Shift to DeFi and cross-chain integration back Elrond’s (EGLD) 700% rally

The Maiar wallet release and DeFi integration with Binance Smart Chain are just a few of the new developments backing Elrond’s 700% rally to $216. Elrond (EGLD) price has increased by 700% since Feb. 1 as new partnerships and protocol upgrades bolster investor confidence in the project. Elrond is a blockchain protocol designed to offer fast transaction speeds through the implementation of sharding for use with dapps, enterprise use cases and the new internet economy.  The most recent price surge followed the release of the Maiar wallet […]

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ConsenSys introduces major AirSwap upgrades

The peer-to-peer trading system has introduced new technical upgrades, including staking options on Codefi Activate. ConsenSys, one of the most prominent Ethereum software companies, has launched an updated version of AirSwap, a peer-to-peer exchange that promotes full decentralization and guaranteed prices.  ConsenSys introduced the new AirSwap on Tuesday, culminating “Phase II” of its development roadmap. The technical upgrades were based on AirSwap Improvement Proposals, or AIPs, which help the community select and prioritize new development projects on the network. The upgraded exchange will protect traders from both […]

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Curve Finance coming to Equilibrium’s Polkadot parachain

Decentralized finance exchange platform Curve Finance will soon be implemented on Equilibrium’s Polkadot parachain. Equilibrium, a Polkadot-based DeFi project previously known for its EOS presence, is partnering with Curve Finance to bring the latter’s automated market maker platform, Curve, to the Polkadot (DOT) ecosystem, according to an announcement issued on Monday. The plan involves integrating a Substrate-based version of Curve on Equilibrium’s Polkadot parachain and is supported by the Web3 Foundation’s Open Grant Program. As previously reported by Cointelegraph, Substrate — Polkadot’s blockchain building framework — is […]

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How Bitcoin Optimizes Human Resourcefulness

Curiously enough, the structures that humanity relies upon have been upended by humanity itself. The monetary system, much of our social fabric and our relationship with the State at large have been fractured by problematic abuse. And yet, Bitcoin promises something different through the various ways in which it optimizes human resourcefulness. By eliminating inflation, the work necessary to maintain standards of living constantly decrease, rather than increase. By doing away with cheap access to near unlimited credit, capital will be more efficiently allocated. This is the […]

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IDEO CoLab Ventures files with SEC for new $100M crypto fund

Early stage investment fund IDEO CoLab Ventures is looking to launch a $100 million crypto investment fund. IDEO, an American design and innovation consultancy firm, has filed for a new cryptocurrency fund through its blockchain-oriented venture capital subsidiary. IDEO CoLab Ventures, an early stage investment fund focused on blockchain development, has applied Tuesday for a new crypto fund with the United States Securities and Exchange Commission, or SEC. Called “IDEO CoLab Crypto Fund II LP,” the new fund has a total offering amount of $100 million. The […]

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Bitcoin Taps $48K- Traders Discuss Overheated Stats and a Possible Chinese New Year Dump

The price of bitcoin soared to new heights after Tesla informed the public that it added $1.5 billion to the company’s balance sheet. Bitcoin touched an all-time high (ATH) reaching $48,216 per unit and has retreated in value a hair since then. While crypto enthusiasts are bullish, a few supporters and analysts believe the crypto asset might be overbought, and bitcoin prices may see a drop as we cross over into the Chinese New Year. The Crypto Economy’s Trillion-Dollar Market Cap Continues to Swell Bitcoin (BTC) has […]

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Ethereum hits a new all-time high as CME futures go live: Why is ETH price rallying?

The price of ETH, the native cryptocurrency of Ethereum, achieved a record-high on CME launching dedicated futures. The price of Ether (ETH), the native cryptocurrency of Ethereum, achieved a new all-time high on Feb. 9, 2021. On Binance, ETH rallied to as high as $1,830 merely hours after it started to trade on CME. ETH/USDT 15-minute candle price chart (Binance). Source: TradingView.com Why is ETH rallying after the CME listing of any importance? The timing of the ETH rally to a new record-high is noteworthy because of […]

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