Monthly Archives: July 2021

Price analysis 7/30: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

Traders expect altcoins to move higher now that Bitcoin price finally pierced the $41,000 resistance. Bitcoin (BTC) and most major altcoins seem to be faltering near their respective overhead resistance levels. This suggests that some investors are continuing to sell at higher levels. However, 21st Paradigm co-founder Dylan LeClair said that on-chain data shows “big transfer volumes from over-the-counter (OTC) desks over the last week.” Cointelegraph also recently highlighted a historic 57,000 BTC outflow from exchanges on July 28. Ecoinometrics also cited on-chain data to show that […]

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Breaking NFTs to Pieces: These 4 Projects Are Fractionalizing Grimes, Banksy, Cryptopunk NFTs

While non-fungible token (NFT) collectibles have been all the rage, a few projects have been developing the concept of fractionalized NFTs so investors without deep pockets can purchase shares of an expensive collectible. On Thursday, the firm Otis revealed that people can invest in an NFT created by the world-famous Canadian musician and record producer Grimes. The platform allows anyone to purchase a small fraction of the recording artist’s artwork called “Newborn 1 & 3.” Grimes’ Artwork ‘Newborn 1 & 3″ Gets Fractionalized During the last 30 […]

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Why The $35 Trillion In United States Retirement Accounts Should Be Spent On Bitcoin

American retirement savings represent a new beachhead for bitcoin — we just need to make sure people hold their own keys. “Many adults are struggling to save for retirement and feel that they are not on track with their savings. While preparedness for retirement increases with age, concerns about inadequate savings are still common for those near retirement age.” —Federal Reserve Website Despite the Federal Reserve’s tone-deaf admission that many Americans struggle to retire when one of the central bank’s primary mandates is price stability, as of […]

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GoldenTree Asset Management is reportedly investing in Bitcoin

At least three executives at the $45 billion firm have participated in a funding round for the blockchain-focused VC group Borderless Capital. New York-based asset management firm GoldenTree has reportedly added Bitcoin to its balance sheet, though the amount of this supposed investment remains unknown. According to a Friday report from financial news outlet The Street, the firm with roughly $45 billion in assets under management has purchased some Bitcoin (BTC) but has seemingly shied away from other cryptocurrency investments. Citing two sources with knowledge of the […]

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Report Suggests Robinhood Owns Largest Dogecoin Address and Third-Largest BTC Wallet

Last February the crypto community was obsessed with a specific dogecoin address that happens to be the largest dogecoin holder today with over 36 billion DOGE. One armchair sleuth studied a number of onchain transactions and suspected the company Robinhood owned the wallet. Now the individual has researched the topic again and claims the latest findings help confirm the dogecoin wallet does belong to Robinhood. Alongside this, the person suspects Robinhood controls the third-largest bitcoin wallet as well. Onchain Research Suggests Robinhood Not Only Owns the Mysterious […]

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Hardware Bitcoin Security And Blockstream’s Jade Wallet

Two hands-on hardware wallet developers discuss bitcoin custody and its technicalities Watch This Episode On YouTube Listen To This Episode: BitcoinTV Apple Spotify Google Libsyn Overcast In this episode of “The Van Wirdum Sjorsnado,” Aaron van Wirdum conducted one more interview without his regular co-host Sjors Provoost. Instead, he was joined by Blockstream’s Lawrence Nahum, one of the developers behind the Jade wallet; and Ben Kaufman, one of the developers of the Specter wallet, which is specifically designed to work with hardware wallets. Van Wirdum, Nahum and […]

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$41 Billion Hedge Fund GoldenTree Has Added Bitcoin To Its Balance Sheet

GoldenTree, with $41 billion in assets under management, is one among a growing number of traditional hedge funds purchasing bitcoin. GoldenTree, run by Founder and Chief Investment Officer Steven Tananbaum, has added bitcoin to its balance sheet, The Street reported earlier today. GoldenTree, with $41 billion in assets under management, is one among a growing number of traditional hedge funds purchasing bitcoin. According to The Street, GoldenTree has purchased bitcoin to diversify the conservative, debt-based strategies it has used in the past. The primary sources of this […]

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Binance completes Polygon wallet integration

The company indicated that transactions should now be cheaper than utilizing the traditional Polygon-Ethereum bridge. Binance has fully integrated the Polygon (MATIC) mainnet onto its platform, according to a press release. From now on, Binance traders can deposit and withdraw MATIC through their Binance accounts while also interacting with decentralized applications, or DApps, like Sushiswap, Balancer, Aave, and more.  This integration is meant to ensure that traders can utilize said DApps cheaply and efficiently without using the existing Polygon bridge. Related: Polygon announces scalable data availability infrastructure […]

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Finland Looking for Brokers to Sell Seized Bitcoins Worth $80 Million

Finland’s customs authority is looking for brokers to sell 1,981 bitcoins seized in drug cases. The coins are currently worth nearly $80 million. Finland’s customs authority announced Thursday that it is seeking brokers to sell 1,981 bitcoins seized in drug busts, Bloomberg reported, noting that the coins were forfeited to the state by court order. At the time of writing, the bitcoin stash is worth $78.75 million. Most of the seized coins were accumulated in raids before 2018. The Finnish State Treasury set out guidelines for handling […]

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Elizabeth Warren Is Trying To Limit Financial Inclusion

Despite groundbreaking work occurring within Bitcoin, our “progressive” leaders continue to make backwards progress. If you’re a member of the Bitcoin community, whether self-proclaimed or working with an entity such as Bitcoin Magazine, you should be well-experienced with the chaotic nature of the narratives and politics around Bitcoin — and the sweepingly ignorant inclusion with “cryptocurrencies” in general. Bitcoin has become the favorite target for champions of Environmental, Social, and Corporate Governance (ESG) narratives, namely Bitcoin’s energy use and environmental impact. Now, Nic Carter has quashed that […]

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