Monthly Archives: June 2021

What Bitcoin Does That Changes The World

There are various aspects of this digital money that lend itself to revolutionizing the transfer of private property. The Wall Street Analyst’s Intro to Bitcoin: The Dimensions of Money What Bitcoin Does How Bitcoin Works The Monetary Properties of Bitcoin The History Of Bitcoin In October of 2008, amidst a global recession resulting in government bailouts of the banking system, a white paper was released under the pseudonym Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System. The paper summarized a confluence of technologies that, when combined, […]

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Mike Novogratz: Institutional Investors Will See Bitcoin’s Price Decline as Opportunity to Buy

Galaxy Digital CEO Michael Novogratz says he is not nervous about bitcoin’s price falling, even when it falls below $30K. “The ecosystem is so much more mature. The amount of players that are moving in are so much more mature. Every single bank is working on their own crypto project,” he said. Novogratz Still Bullish About Bitcoin Mike Novogratz commented on the bitcoin market Tuesday in an interview with CNBC as the price of the cryptocurrency fell below $30K. Commenting on the falling BTC price, Novogratz said: […]

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Data shows derivatives had little to do with Bitcoin’s drop to $29K

Bitcoin price shocked investors as it plunged 20% to a 6-month low, but data shows derivatives played a marginal role in the correction. After a brief recovery to $41,000 on June 14, Bitcoin (BTC) investors might have thought that the bear market was finally over. After all, it was the highest level since May 21 and the date that MicroStrategy (MSTR) announced a successful $500 million debt offering.  The funds are usually available in one or two business days, and the proceeds would be used to acquire […]

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Remembering John McAfee: computer programmer and crypto evangelist dead at 75

Many may remember McAfee for being unapologetically outspoken for his thoughts on government overreach and a unique character in the crypto space. According to a Wednesday report from Spanish international news agency EFE, John McAfee has been found dead in his prison cell at the Brians 2 Penitentiary Center. Born in 1945, McAfee founded the software company McAfee Associates in his early forties. His company was responsible for one of the most well known antivirus software programs at the time. He resigned from the company in 1994, and […]

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Sweet and Dave & Buster’s Launch Uber-Rare NFT Auction to Benefit Make-A-Wish

PRESS RELEASE. New York, New York – June 23, 2021 – Sweet, the leading enterprise NFT solutions provider, announced the launch of an exciting new one-of-one auction with restaurant and gaming destination Dave & Buster’s. Beginning at 5PM EST today through June 30 at 5PM EST, everyday consumers and crypto enthusiasts alike will be able to bid on this uber-rare digital coin with all proceeds directly benefiting Make-A-Wish. The unique design of this digital collectible was inspired by the early days of Dave & Buster’s when all […]

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Bitcoin In Gaming

How Bitcoin can drive and shape the gaming industry in the coming years is explored in this in-depth research article. Bitcoin In Gaming: Lightning As The Game Changer This article is part of our ongoing research work and series of publications on the Lightning ecosystem. The previous articles provided an overview of the Lightning Network project ecosystem and an analysis of different Lightning implementations — their key characteristics, usage, development statistics and features. In this article, we attempt to take a closer look at Bitcoin and the […]

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NFT marketplace Rarible closes $14M fundraising round led by CoinFund

Rarible said it will use the funds to hire new team members, and announced the launch of a marketplace on the Flow blockchain. Major venture capital firms responsible for crypto investments have led the latest $14.2 million fundraising round for Rarible, the online marketplace behind many nonfungible token listings. In a Wednesday announcement, Rarible said crypto investment group Coinfund and Venrock — the venture capital arm of the Rockefeller family — had led a $14.2 million Series A fundraising round for the nonfungible token, or NFT, platform. […]

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Price analysis 6/23: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

The swift rebound in Bitcoin and altcoins indicates strong accumulation occurring at lower levels. Bitcoin (BTC) dropped below $30,000 on June 22, which may be a final sign of capitulation. Data from Skew suggests that if Bitcoin’s price does not recover sharply in the next few days, the decline in the current quarter could be the second-worst quarter since 2014. Bull and bear phases are part and parcel of every asset class. All the legacy markets have witnessed several bear phases with massive drawdowns in the past. […]

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John McAfee Found Dead in Prison After Spanish Court Ruled in Favor of His Extradition to US

The Catalan justice department has reportedly confirmed that the antivirus tycoon John McAfee was found dead in prison in Barcelona. John McAfee, 75, was found dead in his prison cell in Barcelona, the Catalan justice department reportedly said, noting that everything points to death by suicide. Just hours before the death report, the Spanish high court issued a preliminary ruling in favor of McAfee’s extradition to the U.S. to face tax-related criminal charges. According to El Pais publication, the prison surveillance professionals, who found him dead in […]

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Bitcoin Optech #154: Universal Transaction RBF And Taproot

This week’s newsletter discusses universal transaction replacement by fee, and includes the first post in a Taproot preparation series. The Bitcoin Optech newsletter provides readers with a top-level summary of the most important technical news happening in Bitcoin, along with resources that help them learn more. To help our readers stay up-to-date with Bitcoin, we’re republishing the latest issue of this newsletter below. Remember to subscribe to receive this content straight to your inbox. This week’s newsletter describes a proposal to allow universal transaction replacement by fee […]

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