Monthly Archives: April 2021

Anonymous Dogecoin Holder Donates Profits to a Dog Shelter in Florida

In the last few days, the popular meme-based cryptocurrency has witnessed wild movements across the board, going up and down. An anonymous woman who holds dogecoin and profited from the latest all-time high ($0.44) made a philanthropic maneuver in favor of dogs. Woman Left A “Dogecoin” Message as the Reason for the Donation According to Fox 6, the woman donated her profits earned by holding the Shiba Inu dog-inspired coin to a dog shelter in Daytona Beach, Florida. The Halifax Humane Society administrates the facility. Barry Kukes, […]

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Why You Shouldn’t Hedge Against Bitcoin With Stocks

Measuring assets’ value in terms of time can help us understand why Bitcoin’s potential upside is so much greater than that of stocks. Written April 11, 2021 Why would someone go all in on bitcoin as opposed to diversifying into other asset classes, particularly stocks? Why not hold an index tracking fund like the S&P 500? The short answer: because, as the premier monetary medium, bitcoin will absorb the monetary premiums of all other assets, including stocks. You may be unsatisfied with this answer, but a full […]

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Hollywood elite will receive NFTs in recognition of upcoming awards ceremony

Among the digital artwork is a piece created as a tribute to late actor Chadwick Boseman, with the proceeds from the auction benefitting the Colon Cancer Foundation. A project will be distributing nonfungible tokens, or NFTs, in the gift bags of 25 actors, actresses, and directors nominated for their roles in feature films.  According to Nomine(eth), a project formed in partnership with online marketplace Rarible, Metaversal, and AdVenture Media, 25 people from the 115 nominated in this year’s Academy Awards ceremony will receive three nonfungible tokens, or […]

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Here’s why bulls aren’t buying the Bitcoin price dip to $50,000

Data shows pro traders are not buying the current Bitcoin dip as tomorrow’s $1.55 billion options expiry looms. Bitcoin (BTC) has been bouncing at the $51,000 support for the past 44 days. Typically, this would be interpreted as a positive occurrence, especially considering that the $50,000 level represents a 75% advance in 2021.  However, cryptocurrency investors are typically short-term-focused and always overly optimistic. Thus, the current narrative for Bitcoin is slowly turning bearish but aside from sentiment, what story are the fundamentals telling? However, there is a […]

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Square’s Cash App raises minimum Bitcoin withdrawal to 0.001 BTC

A 0.01 BTC withdrawal is equivalent to around $51.80 based on current prices. Square’s Cash App, a Bitcoin-friendly mobile payments platform, has raised its minimum withdrawal requirements for BTC holders. The minimum withdrawal amount for Bitcoin accounts is now 0.001 BTC, or 100,000 satoshis, compared with 0.0001 BTC, or 10,000 satoshis, previously. With Bitcoin hovering around $51,800, 0.001 BTC is equivalent to $51.80. The leading cryptocurrency was in the midst of another large correction on Thursday, having fallen 6%. Bitcoin is down over 19% over the past […]

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Interview: Sustainable Bitcoin Mining In North America With Peter Wall

This week on the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with the CEO of Argo Blockchain to cover all things Bitcoin mining. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast This week on the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with the CEO of Argo Blockchain (ARBKF) to cover all things Bitcoin mining. The conversation started with a dive into Wall’s Bitcoin story which starts in a hostel in Bali, as these stories often do. Wall’s journey […]

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Legends of Crypto (LOC): Making Waves in the Crypto Gaming Space

NFTs have added a new dimension to the crypto space, creating ripples in the market, the likes of which haven’t been seen in a long time. Legends of Crypto (LOC) is one of the most highly anticipated NFT projects that is currently in the initial phase of market penetration. Legends of Crypto hopes to become a gaming ecosystem for both the crypto gaming community and traditional gamers. It leverages DeFi and a DAO governance model, bringing gamers a unique NFT game that allows them to collect, earn, […]

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Craig Wright’s Law Firm Granted Permission from High Court to Serve Bitcoin.org Operator Cobra

On April 22, published documents stemming from law firm Ontier LLP show London’s High Court is granting the law firm permission to serve legal proceedings over copyright infringement against the owner of bitcoin.org, a pseudonymous operator called “Cøbra.” The legal proceedings involve “hosting and publishing” a copy of the academic Bitcoin white paper. Copyright Infringement Issues Against Bitcoin.org’s Operator Cøbra Continue Not too long ago, Bitcoin.com News published a report concerning the self-proclaimed inventor of Bitcoin, and the Nchain chief scientist Craig Wright. In that report, it […]

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Olympia Trust, Knox Partner On Bitcoin Custody Service

Olympia Trust Company expects to receive an exclusive Canadian license to use a proprietary bitcoin custody system developed by Knox. Olympia Trust Company, a Canada-based, non-deposit-taking trust company, will soon receive an exclusive Canadian license to use a proprietary bitcoin custody system developed by Knox, according to a press release. Both companies will determine the final shape of the agreement following the completion of due diligence. “Upon completion of the transaction, it is anticipated that Olympia Trust will be one of the few Canadian financial institutions able […]

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Earth Day 2021: How the crypto industry is moving closer to going green

Despite what the critics might tell you, blockchain is greener than ever. It’s as reliable as the changing of the seasons: another year, another Earth Day, and another misguided missive about crypto’s outrageous energy consumption. Last week, the New York Times published a piece in their “Climate and Environment” that sought to remind readers of the “astonishing environmental costs” of cryptocurrency mining. It’s a prime example of what’s quickly becoming an editorial subgenre, including references to dubious research claiming that Bitcoin mining alone will push global warming […]

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