Monthly Archives: February 2021

Bitcoin’s Watershed Moment- Crypto Asset Commands a $1 Trillion Market Capitalization

Bitcoin’s market capitalization has crossed the $1 trillion zone after the price per coin surpassed $53,650 per unit. The valuation comes 145 months after the launch of the Bitcoin network on January 3, 2009. ‘The First Trillion Is the Hardest’ The price of bitcoin (BTC) has surpassed the territory needed to have a $1 trillion market capitalization. The valuation is a milestone to many crypto supporters who have rallied for the leading currency for the last decade. For the last two weeks, digital currency advocates discussed BTC’s […]

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Lastbit Launches Two Lightning Payment Apps To Boost Adoption In Europe

Today, bitcoin payments company Lastbit announced the launch of two payment apps designed to spread use of the Lightning Network among Europeans.  One of the apps, Lastbit Lite, is a mobile payment app that integrates a Lightning Network wallet with a euro-denominated, International Bank Account Number- (IBAN) designated bank account. And the other, Lastbit Cards, is a mobile app that lets users fund their Lastbit debit cards via the Lightning Network using Lite or any Lightning Network wallet. “With these applications, users can send euros over Lightning […]

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The social side of institutional push: Popular excitement drives crypto adoption

Corporate forces can spark a record-breaking price rally, but it’s up to consumers to solidify the momentum. The start of February has brought yet another batch of evidence supporting the notion that the ongoing surge of crypto prices has deep institutional roots. Ignited by market whisperer Elon Musk and his Tesla’s announcement of a $1.5-billion Bitcoin position, the bullish cycle was reinforced by further news coming from the likes of Mastercard, Amazon and BNY Mellon.  The level of interest around the industry is certainly rising, as Bitcoin’s […]

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North American Bitcoin ETF’s First Trading Day Captures $165M in Volume

The North American Purpose Bitcoin ETF launch on Thursday saw massive demand, as more than $165 million in trade volume was recorded. In fact, the exchange-traded fund listed on the Toronto Stock Exchange (TSX) saw it’s first $80 million swapped during the first hour of trading sessions. Purpose Bitcoin ETF Captures $165 Million in Volume Just recently, the exchange-traded fund called the “Purpose Bitcoin ETF” was approved to be listed in Canada and proponents deemed it to be the “first” bitcoin-based ETF in North America. Bloomberg’s Claire […]

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How PIVX Is Bootstrapping the Revival of Privacy Coins

Throughout its history, PIVX has marked many firsts on the crypto market. These include being the first PoS project to use zk-SNARKs, masternodes, blockchain governance, deflationary mechanisms, and private staking. With a solid value proposition and numerous achievements under its belt, PIVX makes use of innovative technology to create a privacy-oriented paradigm within the cryptocurrency space. Blockchain Intelligence and Data Mining Famously referred to as de-anonymization through correlation, blockchain intelligence serves the purpose of tracking transactions and connecting them to their owners. By making use of smart […]

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UK firm launches service for company treasuries to invest in Bitcoin

U.K.-based crypto firm BCB Group is looking to provide corporations with a way to put Bitcoin on their balance sheet by launching a dedicated treasury. BCB Group, a global digital financial services firm, is planning to help corporations navigate cryptocurrencies like Bitcoin (BTC) by launching a dedicated service. According to a Feb. 19 announcement, BCB Group has launched BCB Treasury, a new service designed for corporate treasury departments seeking to get involved in Bitcoin à la Tesla.  The new service aims to provide a specific solution enabling […]

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Mining Ethereum with ASUS TUF Gaming GeForce RTX 3080 Video Card

We’ve managed to get a Nvidia GeForce RTX 3080 GPU to play around with mining Ethereum and other cyrpto coins, though here we are going to be focusing on ETH mining. The RTX 3080 is really hard to find on the market at the moment and if you manage to find stock somewhere the price will be so high that you probably would consider buying a RTX 3090 instead. We managed to somehow get our hands on a single ASUS TUF Gaming GeForce RTX 3080 (ASUS TUF-RTX3080-10G-GAMING) […]

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Nvidia RTX 3060 Has 50% Reduced ETH Hashrate On Purpose

nvidia nerfing their 3060 models to reduce ethereum hashrate by 50% in order to coax miners into buying their mining only variants. Canadian ETF volume is 100 million in hours, and much more! Social Media: Support Me On Patreon: https://www.patreon.com/mrsotkogaming Follow me on Twitch: http://www.twitch.tv/mrsotko Follow me on Twitter: https://twitter.com/MrSotkoGaming Follow me on Instagram: https://www.instagram.com/mrsotko/ Discord: https://discord.gg/r2Yf8Ae Litecoin donation address: LZaQgPhBvQT6PC2gAnLsQGPPaYDPm5dyNx Ethereum only donation address: 0x125DE6B8FAb078701e0b11ECb1A6bDF3aF9E73dc Bitcoin donation address: 144vfND4SGhYxyjAWKHBETGncuwdYKmoyG BAT Donation Address: 0xC868a8322A714Bd506aB27768a3DDb9D4d2228Cd Sign Up To Coinbase For $10 Free in BTC – https://www.coinbase.com/join/pittse_d Sign Up […]

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Austrian regulators call for stricter crypto regulations amid rising fraud

Crypto scams appear to be dominating investment fraud cases in Austria. Austrian regulators are calling for stricter crypto laws amid a spate of elaborate investment scams involving cryptocurrency and digital assets. According to a Bloomberg report of Friday, Austria’s Financial Market Authority has revealed that more than 60% of all reported financial fraud in the country involve crypto trading products. The FMA says these crypto scammers are using social media platforms like Telegram and TikTok to advertise their fraudulent offerings to would-be victims. Commenting on the need […]

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Crypto is ‘poorest hedge’ for drawdowns in equities, JPMorgan analysts say

Analysts bashed Bitcoin despite JPMorgan co-president Daniel Pinto claiming that Bitcoin adoption is inevitable at some point. Analysts at American investment bank JPMorgan Chase have delivered another skeptical statement on Bitcoin (BTC), arguing that its current price is much higher than its fair value. In a regular memo for investors, JPMorgan argued that cryptocurrencies like Bitcoin are an “economic side show” and the poorest hedge against a decline in equity prices, Reuters reports Friday. The analysts said that the mainstream adoption of Bitcoin increases its correlation with […]

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