Monthly Archives: April 2021

‘Wild west’ as developers MacGyver highly popular NFTs on Cardano

Even without smart contract functionality, Cardano developers have found ways to mint and sell NFT collectibles. Despite not yet having functional smart contracts on the layer-one, intrepid Cardano developers have recently hacked together methods to mint bootleg nonfungible tokens. These experiments in hosting unique data on the blockchain are reminiscent of the pre ERC-721 standard era for Ethereum — and, what’s more, so far they’ve proven to be enormously popular with token drops routinely selling out.  In a post on Reddit today, ADA Technology Management (ATM), a […]

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Tyler Winklevoss thinks Bitcoin is past the risk of a US ban

Bitcoin has likely become too interwoven into the world for a ban to be plausible, says the Gemini CEO. The United States government has increasingly stepped up its overwatch on crypto in recent years, although an outright ban on Bitcoin is now unlikely — at least according to Gemini CEO and co-founder Tyler Winklevoss. “I think, if we were back in 2013, this would be kind of an open question,” Winklevoss told podcaster Peter McCormack when asked about regulation and a Bitcoin (BTC) ban during a Friday episode […]

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$161M Ethereum options expiry tilts toward bulls as ETH flips $2K to support

Ethereum price recently made a strong move above $2,000 and derivatives data suggests bulls are preparing to push ETH price higher. With no short-term solution in sight for the surging network fees, some investors are afraid that Ether (ETH) price could face a correction. The EIP-1559 proposal is set to be bundled with the impending London upgrade, and this will change the gas fee structure, but traders are left to deal with high fees until then. The flexible block size proposal aims for a more predictable fee […]

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Latest episode of ‘the Falcon and the Winter Soldier’ involves massive Bitcoin bounty

Is it because of Bitcoin’s price, or simply the asset’s ever-increasing mainstream ubiquity? Possible spoilers ahead. The Falcon and the Winter Soldier, a new Marvel Cinematic Universe show on the Disney+ streaming platform, incorporated a Bitcoin (BTC) bounty into its newest episode.  In episode three, “Power Broker,” one of the characters receives a text message which reads: “Selby dead. ₿1K BOUNTY for her killers.” The reference, which drops around the narrative’s half way mark, is timely given Bitcoin’s ongoing bull market. At time of publication, 1,000 BTC equals […]

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Ethereum Sets a New All-Time High Above the $2K Handle, Bitcoin Cash Markets Jump 8%

The price of ethereum tapped a new all-time high (ATH) on Friday afternoon reaching an ATH of around $2,072 around 12 p.m. (EST). Today, ethereum’s market capitalization captures 12.3% of the crypto economy’s overall $1.9 trillion market valuation. Meanwhile, as ether prices jumped over 6%, the crypto asset bitcoin cash has spiked over 8% nearing $600 per unit during the afternoon trading sessions. Ethereum Markets Shine While bitcoin (BTC) prices have been sitting just under the $60k per unit zone, a number of crypto assets are seeing […]

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Coinbase Receives Approval For Public Listing

Coinbase has received regulatory approval for its planned direct listing and is expected to start trading on April 14. Coinbase Global Inc, one of the most significant Bitcoin exchanges in the world, has received approval from the U.S. Securities and Exchange Commission (SEC) to go public on the Nasdaq stock market index through a direct listing, according to Reuters. It’s expected to start trading on April 14 under the ticker symbol “COIN” Coinbase hitting public markets is a momenumantal move for the Bitcoin industry. As one of […]

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Price analysis 4/2: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, THETA

Select altcoins could rally higher if Bitcoin and Ethereum hold on to their recent gains. According to a recent research note by JPMorgan, institutional investors have withdrawn about $20 billion from their gold investments since mid-October and during the same time frame, institutional inflows into Bitcoin (BTC) have increased by $7 billion.  The bank said, “any such crowding out of gold as an ‘alternative’ currency implies big upside for Bitcoin over the long term.” JPMorgan believes that Bitcoin’s declining volatility could increase adoption from institutional investors. If […]

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Former Chainalysis brass is now FinCEN’s acting director

Michael Mosier will replace Kenneth Blanco as the U.S. government agency’s acting director. The current acting director of the Financial Crimes Enforcement Network, or FinCEN, will bid farewell to the governing body in April. His replacement: Michael Mosier, Chainalysis’ former chief technical counsel.  “Director Kenneth A. Blanco today announced several leadership changes impacting the bureau,” said a public statement from FinCEN on Friday, adding: “Director Blanco announced he will depart FinCEN on April 9, after serving as the organization’s director since December 2017. Michael Mosier, former FinCEN […]

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Shark Tank’s Mark Cuban Says Ethereum ‘Is Closest Crypto We Have to a True Currency’

The billionaire investor and television personality, Mark Cuban recently did an interview on the recent episode of a podcast and discussed crypto assets at length. Cuban says his cryptocurrency portfolio is 60% bitcoin, 30% ethereum, and the rest is dedicated to smaller cap cryptos. Mark Cuban Shares His Crypto Portfolio Allocations Mark Cuban is a well known investor, one of the hosts on Shark Tank, and the owner of the National Basketball Association’s (NBA) Dallas Mavericks. For years now, Cubans and some of his fellow Shark Tank […]

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IRS Summons Of Circle And Poloniex User Data Authorized

An IRS summons compelling Circle to provide data on customers who made significant cryptocurrency transactions has been authorized. According to an April 1, 2021, release from the U.S. Department of Justice, a federal court in Manhattan has entered an order authorizing the IRS to serve a John Doe summons to cryptocurrency payments company Circle and its subsidiaries, including the cryptocurrency exchange Poloniex. A John Doe summons is an investigative tool used by the IRS to obtain information about unidentified U.S. taxpayers. In this case, it is attempting […]

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