Monthly Archives: March 2021

DOGE literally to the moon? Elon Musk teases lunar Starship test

None of the twelve people to ever reach the lunar surface have reportedly carried any currency with them. Heavily pumped by Elon Musk’s tweets, Dogecoin may be the first cryptocurrency to literally reach the moon following an aborted launch of a SpaceX ship. The aerospace company attempted to launch its Starship SN10 vehicle today from SpaceX’s facility in Boca Chica, Texas. The final version of the spacecraft will reportedly be capable of reaching the moon after refueling in Earth orbit, but the SN10 was supposed to stay within […]

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Race For The First Bitcoin ETF In The U.S. Is Heating Up

With multiple regulatory filings for approval of a U.S. bitcoin ETF in place, it appears that such a product is imminent. Following multiple regulatory filings, we will likely see the first bitcoin exchange-traded fund (ETF) come to market in the United States soon. In late January, Valkyrie Digital Assets filed for approval of a bitcoin ETF with the U.S. Securities and Exchange Commission (SEC), in the hopes of offering the first-ever bitcoin ETFs in the United States. Following Valkyrie’s filling, NYDIG followed suit in February. Then, earlier […]

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3 key Ethereum price metrics show pro traders are aiming for $2K ETH

Multiple data points show investors are strongly bullish on Ethereum price even after ETH’s recent 36% correction below $1,300. On Feb. 20, Ether (ETH) price rallied to a new high at $2,015 and this caused multiple indicators to display signs of excessive optimism. While the excitement could be easily justified by Ether’s  year-to-date 176% gain, these warning signs should not be ignored. On of the primary driving factors of the current bullish sentiment is the launch of CME ETH futures and Grayscale Investments ETH Trust reaching $6.3 billion assets under […]

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Bitcoin to Reach $100K to $288K in 2021? Stock-to-Flow Models Suggest It Could

The creator of the notorious stock-to-flow model (S2F), Plan B has recently detailed that the price of bitcoin has surpassed the S2F model price by 26%. The strong momentum has a number of crypto enthusiasts thinking that bitcoin prices reaching the $100k to $288k range by the year’s end is possible. Price of Bitcoin 26% Higher Than S2F Trajectory Plan B’s stock-to-flow model otherwise known as (S2F or S2FX) is a popular chart that measures the existing number of BTC in circulation (stock) and pairs it against […]

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Leaving The Legacy Financial System For Bitcoin With BTC Bap

For this episode of Bitcoin Magazine’s “Meet The Taco Plebs,” BTC Bap discussed Bitcoin as the ticking clock of certainty in a time of chaos. Listen To This Episode: Apple Spotify Libsyn  For this episode of Bitcoin Magazine’s “Meet The Taco Plebs,” I was joined by BTC Bap (@BTCBap) for another quality conversation with a pleb. In this podcast episode, Bap shared his rabbit hole story and his journey coming to Bitcoin after hearing about it a couple of times. He, in particular, has an interesting background […]

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Energy Web Token (EWT) rallies 50% shortly after listing on Kraken

Plans to introduce staking and the recent listing on Kraken pushed Energy Web Token’s trading volume and price to a new all-time high. One of the biggest debates taking place on a global scale relates to energy production and the integration of renewable energy sources into an electrical grid dominated by carbon-based fuels and nuclear power.  Energy Web Token (EWT) is one project that is growing in popularity as it aims to integrate blockchain technology into the energy sector. The project also plans to help with application […]

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Badger DAO announces $21 million treasury diversification via VC partners

Badger DAO has welcomed some deep-pocketed investors into the community with an asset sale aimed at de-risking the treasury portfolio. Some major venture capital names are ‘sett’ to join the Badger DAO community.  Bitcoin on Ethereum-focused decentralized finance (DeFi) protocol Badger DAO announced today a $21 million sale of DAO treasury assets to four major investors: Polychain Capital, Parafi Capital, Blockchain Capital, and noted whale wallet 0xB1. The sale was made as part of a wider “Treasury Diversification through Strategic Partnerships” plan first outlined in Badger Improvement […]

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Kentucky Lawmakers Approve Bitcoin Miner Incentive Bill

Kentucky legislators have approved a bill that would offer tax incentives to bitcoin miners that set up shop in the state. An overwhelming majority of lawmakers in Kentucky has just approved a bill that seeks to make the state a very attractive option for bitcoin mining operations. The primary bill to receive approval, House Bill 230, seeks to remove some tax obligations from bitcoin miners and is geared toward incentivizing job creation and spurring the growth of the industry. It was passed by a 19-to-two vote by […]

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Price analysis 3/3: BTC, ETH, ADA, BNB, DOT, XRP, LTC, LINK, BCH, XLM

Now that Bitcoin price has flipped $50,000 back to support, small and large-cap altcoins are gearing up for a move higher. Bitcoin’s (BTC) resilience in the face of global market uncertainty continues to attract new institutional investors. Dan Loeb, the CEO of New York-based asset management firm Third Point, said that he has been “doing a deep dive into crypto.” To strengthen the venture investments team, Third Point hired former pro-crypto Goldman Sachs analyst Heath Terry, according to Reuters. Loeb’s move into crypto seems to have prodded ‘Shark […]

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Sports collectible NFTs will have ‘tremendous value created,’ says Fanatics chair

The NFT market, which includes artwork, sports memorabilia, and trading cards, grew to more than $250 million last year. Basketball legend Magic Johnson has a future with the bulls. No, he’s not returning to play for the NBA, but joining a major sports licensing company that looks favorably at the rise of the non-fungible token market. In an interview with CNBC’s Squawk Box today, Michael Rubin, executive chairman of sports merchandise company Fanatics, said the digital and physical collectible market was “exploding” due in part to many […]

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