Monthly Archives: May 2021

Bitcoin, And A Limitless Existence

The limitations of the physical world and the limitless experience of information is combined in Bitcoin. Limitations Of The Physical World If you were to ask a stranger, “What are the properties of a physical object?” They would likely say it can be touched, it has volume and mass, and is made up of atoms. If you were to ask about its limitations, they might say it must travel a physical path to move from point A to point B (no teleportation); it cannot be given to […]

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Oh where, oh where have Ethereum bulls gone? Sub-$4K ETH fails to entice traders

It seems the low funding rate on ETH futures contracts and the recent 96% rally are not enough to convince traders to buy the Ethereum price dip. Cryptocurrency price corrected sharply today, including Ether (ETH), but this is a short-term move which is not reflective of the more macro-level events which still paint a bullish picture for assets like Ether and Bitcoin. In the last 30 days, Ether price gained 96%, moving from $2,138 to $4,200 on May 11. Normally the assumption would be that every trader […]

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Alpha Homora defies market slump, bolsters TVL and token price on v2 relaunch

The leveraged yield farming protocol looks to put multiple missteps in the past with a successful relaunch. After a rocky first quarter, decentralized finance (DeFi) platform Alpha Homora announced the relaunch of its v2 leveraged yield farming program today — and so far both traders and users are celebrating as both total value locked (TVL) and ALPHA token prices soar.  The version 2 of the platform, which allows for leverage up to 7x on popular yield farming positions on protocols such as Sushi, Curve, and Balancer, notably […]

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Everything You Need To Know About Bitcoin And Taxes

What are the basics that everyone should know about how their bitcoin is taxed in the United States? Is the purchase of bitcoin taxable? Do you pay taxes on the sale of bitcoin? What transactions require me to report my Bitcoin? These are questions nearly every Bitcoiner has asked themselves at some point in their Bitcoin journey. The topic of taxes and bitcoin can seem daunting at first but, once you have a solid understanding of the tax implications you may have around your bitcoin, you can […]

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Elon’s FUD Is A Problem For Tesla, Not Bitcoin

While the Tesla founder has proven inspirational in the past, with Bitcoin, he has fallen prey to his own eccentricities. Tesla’s FUD bitcoin announcement doesn’t mean bitcoin is overvalued; it does mean Tesla is overvalued. Tesla cars are expensive luxury items and their purchase is justified by Tesla being an aspirational brand. That brand is extremely dependent on the mystique of Elon Musk; can Musk lose that mystique? Well, he just did with Bitcoiners and soon with others too. There are many types of inflation in the […]

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Floyd ‘Money’ Mayweather to Launch Legacy NFTs Ahead of Fight With Logan Paul

Boxing legend Floyd Mayweather will release his own NFTs before the upcoming bout with Youtuber Logan Paul. The exclusive collection celebrates Mayweather’s legacy in life and sport with unique items. Floyd remained undefeated throughout his professional career after winning major titles in multiple weight classes. NFT Collection to Feature Rare Mayweather Memorabilia The NFTs will represent а digital collection of artwork, animations, and rare memorabilia offered to boxing fans and non-fungible token (NFT) collectors around the world. The exclusive pieces will be released later this month, ahead […]

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Interview: When Cities Embrace Bitcoin With Mayor Scott Conger

Mayor Scott Conger joined the “Bitcoin Magazine Podcast” to discuss how Bitcoin can help his city of Jackson, Tennessee. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast On this episode of the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with the mayor of Jackson, Tennessee Scott Conger to discuss his recent interest in Bitcoin. Conger has been the mayor of Jackson for a few years now and is actually the third person in his family to serve in this role. […]

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Does Mike Novogratz hold more than $5B in crypto?

In a recent interview, the Galaxy Digital founder said his crypto investments amounted to 85% of his net worth. Galaxy Digital founder and CEO Mike Novogratz, a billionaire active in the digital asset space, says up to 85% of his net worth is in cryptocurrencies. In an interview with New York Magazine’s Intelligencer published today, Novogratz said that while he did have roughly 30% of his net worth in crypto starting at the 2017 bull run, the recent price surges in the crypto space had increased the […]

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Ethereum bulls maintain control ahead of Friday’s $730M ETH options expiry

Traders bullish on Ether have a $109 million advantage heading into the $730 million ETH options expiry on May 14. Ether (ETH) initiated a rally on April 25, which resulted in a 90% gain that pushed the price to $4,200. The non-stop action has been fueled by an incredible increase in decentralized finance (DeFi) applications where the net locked value surpassed $74 billion, a 51% increase in eighteen days. This positive momentum has been decimating the neutral-to-bearish put (sell) options, giving bulls even more incentives to continue […]

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Why Dvision Network Migration to Binance Smart Chain Is a Game Changer

The leading blockchain Virtual Reality (VR) Metaverse platform Dvision Network is set to migrate to the Binance Smart Chain network through the cross-chain bridge. Dvision Network has changed the blockchain space by offering users an ecosystem that encompasses NFTs and virtual reality. The migration to Binance Smart Chain could prove to be a masterstroke by the cutting-edge NFT Metaverse platform. Binance Smart Chain Offers Wide Range of Possibilities Dvision has already announced their readiness to launch on BSC in their blog post and also started a countdown […]

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