Monthly Archives: July 2021

We Need To Talk About The Climate Problem In Bitcoin Mining

The often cited “issue” in Bitcoin is misunderstood and misrepresented. Recently there has been a deluge of headlines about the environmental impact of mining bitcoin. Nearly every article, tweet, video, etc, cites Digiconomist and/or Cambridge as their primary evidence and says some version(s) of the following statements; “Bitcoin consumes more electricity than Argentina/Kazakhstan.” “Bitcoin’s electricity consumption as a country ranks in the top 30 globally.” Comparing Bitcoin to countries and ranking them does a great job of making people feel that Bitcoin is not only one of […]

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The Boston Celtics Announce Partnership With Blockchain Company Socios.com

The crypto industry keeps entering into mainstream venues via professional sports leagues, athletes, and teams this year. On Wednesday, the Boston Celtics revealed a partnership with the blockchain provider Socios.com. Socios.com to Serve as the Presenting Partner of the NBA’s Boston Celtics On July 7, Socios.com, the blockchain firm that offers fans a chance to be “superfans” allowing them to influence club-specific decisions, trade digital items, and access “ VIP experiences,” has partnered with the Boston Celtics. The professional team is well known and has won the […]

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The Bitcoin Price Consolidation Continues

Although we are experiencing stagnation, there are indications that it may be coming to an end. The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine‘s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Over the recent six weeks, bitcoin has been heavily consolidating in the $30,000-$40,000 level. Many have been left to ask: Is bitcoin in a bull market, a bear market, or neither? The […]

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Price analysis 7/7: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, SOL

Altcoin prices are moving higher as Bitcoin price holds a pattern of daily higher lows, a sign that the downtrend could be coming to an end. Bitcoin’s (BTC) range-bound action seems to be increasing the confidence of institutional investors looking to resume investing in cryptocurrencies. Proof of this comes as Marshall Wace, a London-based hedge fund, announced plans to invest in the digital asset space, according to sources at the Financial Times. A survey of wealth managers and institutional investors already holding crypto, from the U.S., U.K., […]

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Robinhood COO: We have enabled more women to trade crypto

Gretchen Howard described crypto investments “stereotyped as a male-dominated space,” but she has seen significant growth for women during her two years at Robinhood. The chief operating officer of stock and cryptocurrency trading app Robinhood aims for significant growth in the number of female customers, particularly when it comes to investing in crypto. In an interview with Business Insider published Wednesday, Robinhood COO Gretchen Howard said the number of women using the trading app had more than tripled, representing a 369% increase year-on-year. In addition, the platform […]

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To Know Bitcoin Is To Love Bitcoin

Understanding Bitcoin is a process, and involves an understanding of money itself. It is my contention that an individual’s certainty of the inevitable success of the Bitcoin protocol is asymptotically correlated to that person’s understanding of it. Behind the Bitcoin protocol is an amalgam of technologies that work together to create a whole greater than the sum of its parts. To fully understand the profundity of this invention so early in its life, a person needs to have a hungry curiosity as well as the willingness to […]

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UFC Partners With Crypto.com — Sources Say $175 Million Deal Is MMA Firm’s Largest Sponsorship

The cryptocurrency exchange Crypto.com has revealed the company has entered a partnership with Ultimate Fighting Championship (UFC) as the firm’s global fight kit partner. Reports stemming from people familiar with the matter say the partnership is a ten-year deal worth $175 million and the UFC’s largest sponsorship deal to date. UFC Names Crypto.com First-Ever Global Fight Kit Partner The digital currency firm Crypto.com has partnered with the UFC and will be the mixed martial arts (MMA) organization’s global fight kit partner. This means the Crypto.com brand will […]

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Reality show is casting crypto users locked out of their wallets

The casting director specifically asks crypto users if they’re willing to use all remaining attempts to access their funds in front of the camera. A casting call for a cable network series may offer crypto users at the end of their rope a way to access tokens locked away — or at least show viewers some of the options available to them. In a LinkedIn post from last month, casting director Jessica Jorgensen called on crypto users who have forgotten their passwords — and presumably their seed […]

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Shiba Inu (SHIB) DEX ShibaSwap surpasses $1B TVL 24-hours after launch

24-hours after launching, SHIB’s new ShibaSwap DeFi platform surpassed $1 billion in total value locked and it is raising fees on the Ethereum network. Dogecoin (DOGE) has proven to the world that even a project that started as a joke can gain value and notoriety in the cryptocurrency space. This phenomenon opened the door for multiple ‘meme’ cryptocurrencies to gain a foothold and a quick look at the trending tokens list on CoinMarketCap shows the meme effect has found a s foothold. The latest meme coin to […]

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Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan

In mid-May, a report stemming from residents in Shenzhen, China explained that the digital yuan wasn’t seeing widespread participation, which the Chinese government has alluded to in many press releases. Now a handful of China’s state-owned banks have asked staff to recruit 200 to 300 digital yuan users. The banks are also giving away small presents in order to tempt the customers into leveraging the central bank digital currency (CBDC) wallet. Chinese Banks Are Now Luring Customers Toward the Digital Yuan Similar to how banks try to […]

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