Monthly Archives: June 2021

Lessons From The Winklevoss Twins On Overcoming Mental Health Stigma

Mental health is a serious issue that affects the Bitcoin community as much as any other — and should not be stigmatized. Bitcoin4Couples is a duo-author of Nicole and Josh Doña — instances of first person are marked with (name) to avoid confusion. On May 18, 2021, Cameron and Tyler Winklevoss appeared on Coffee with The Greats, a podcast hosted by Miles Fisher. Anytime the Winklevii join a podcast it’s a must-listen, but this time was more profound than any other. They opened up about the tragedy […]

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Dip-buyers anticipate further downside after Bitcoin price falls to $38K

Sellers pressed Bitcoin price back below $40,000, while analysts believe BTC will remain rangebound until the $42,000 level is breached. The cryptocurrency market is in the midst of another lackluster day as Bitcoin (BTC) price dipped below $40,000 ahead of the Federal Open Market Committee (FOMC) meeting where officials intend to discuss whether interest rates should be raised or kept near zero.  While many investors anticipate that BTC will soon resume its bull run and rally above $40,000, technical analysts are sounding the alarm about a looming […]

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Yield Guild Games doubles down on play-to-earn model with $4M funding round

The Series A funding round was led by BITKRAFT Ventures, an esports-focused venture capital firm. A.Capital Ventures, IDEO, CoLab, Mechanism Capital and ParaFi Capital also participated in the raise, as did several angel investors. Yield Guild Games, also known as YGG, has received the backing of several venture firms and angel investors as it embarks on a mission to expand its network and popularize the play-to-earn gaming model.  The $4 million cash injection will be used to invest in nonfungible token, or NFT, assets of play-to-earn games, […]

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DAOs in court? Curve Finance ponders enforcing license over rival Saddle

Which takes precedence: the open-source ethos of DeFi, or the natural right to protect the fruits of your intellectual labor? Square peg, meet round hole: a decentralized autonomous organization is pondering taking a rival fork to court.  Earlier today, a member of the Curve Finance community made a post in Curve’s governance forum titled “Enforce Curve’s IP Rights.” “Curve has proven incredibly popular, with over $10B deposited, hundreds of millions in daily volume, and around $1M/week in earnings to veCRV holders. This places it among the top […]

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SEC Leaves Bitcoin and Cryptocurrency Off Regulatory Agenda 2021

The U.S. Securities and Exchange Commission (SEC) has released its regulatory agenda which does not mention bitcoin or cryptocurrency regulation. Bitcoin, Cryptocurrencies Not on SEC’s Latest Regulatory Agenda The Office of Information and Regulatory Affairs released the Biden administration’s Spring 2021 Unified Agenda of Regulatory and Deregulatory Actions last week. It details “the actions administrative agencies plan to issue in the near and long term,” which provides “important public notice and transparency about proposed regulatory and deregulatory actions within the Executive Branch,” the accompanying announcement explains. Included […]

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Diversification into Bitcoin a ‘prudent move,’ says Bloomberg strategist

The statement appeared as Bitcoin investors waited for fresh economic projections from the Federal Reserve and China pledged to release metal reserves amid concerns over commodity rally. Bitcoin (BTC) price has retreated by more than 40% after topping out near $65,000 in mid-April. But that is not enough to derail the flagship cryptocurrency’s long-term bull trend, especially as global markets grapple with declining national currencies and the prospect of a commodity market crash. So believes Mike McGlone, the senior commodity strategist at Bloomberg Intelligence, who said Wednesday […]

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Crypto exchange Huobi has reportedly stopped letting new users trade derivatives

Chinese journalist Colin Wu speculated that the move from the crypto exchange would likely drive users to Binance for higher leveraged trades. Huobi, one of the largest cryptocurrency exchanges in the world, has reportedly restricted derivatives for new and existing users over concerns about China’s regulatory crackdowns. Chinese journalist Colin Wu reported on Twitter Thursday that Huobi had temporarily dropped the maximum allowable trading leverage from 125x to less than 5x for existing users. In addition, new users based in China were not allowed to engage in […]

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Venture Capitalist Tim Draper Doubles Down on His $250K by 2022 Bitcoin Price Prediction

American venture capital investor Tim Draper still believes in a bitcoin price prediction he made in mid-April 2018, at the Draper University blockchain party. At the time, Draper said that he thinks bitcoin could reach $250K by 2022, and during an interview with CNBC’s Jade Scipioni this week, Draper reiterated his six-digit bitcoin price forecast. Tim Draper Envisions Six-Digit Bitcoin Prices by Next Year Tim Draper, the venture capitalist who has his hands in a myriad of blockchain and crypto companies, discussed his bitcoin (BTC) price prediction […]

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NYDIG, FS Investments File To Offer Another Bitcoin Fund Through Morgan Stanley

A new filing with the SEC indicates that another Morgan Stanley bitcoin fund will stem from the partnership of NYDIG and FS Investments. A recent filing with the U.S. Securities and Exchange Commission (SEC) indicates that a new institutional bitcoin fund will be jointly created by NYDIG, an institutional bitcoin solutions provider, and FS Investments, a fund management company. The fund, called FS NYDIG Institutional Bitcoin Fund LP, is the second product born from the formal partnership between the two companies. The first, which dates back to […]

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Video Showing Media Bias Around Bitcoin And Black Audiences Prompts Questions About Culture

A video suggesting that a local news producer omitted Bitcoin stories for black audiences raised questions about biases and Bitcoin culture. A Twitter video presented by former FOX 26 reporter Ivory Hecker, who is working to expose what she sees as network corruption and bias, seems to show an assistant news director at the station explaining the intentional withholding of news coverage about Bitcoin from black audiences. “I have passed on Bitcoin stories,” a woman identified in the video as Lee Meier, assistant news director at FOX […]

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