Monthly Archives: August 2021

Bullish Ethereum traders can place risk-averse bets with this options strategy

Traders who believe ETH will reach $5,000 can use this low-risk options strategy to cast a long bullish bet. Being bullish on Ether (ETH) has paid off recently because the token gained 60% in the last 30 days. The spectacular growth of decentralized finance (DeFi) applications likely fueled inflow from institutional investors, and the recent London hard fork implemented a fee burn mechanism that drastically reduced the daily net issuance. Although Ether is not yet a fully deflationary asset, the upgrade paved the way for Eth2, and […]

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Does Jack Dorsey Support Voluntaryism? Twitter CEO Shares Murray Rothbard’s Book ‘Anatomy of the State’

Ever since the CEO of Twitter and Square, Jack Dorsey, started appreciating the crypto asset bitcoin, crypto enthusiasts have been following his coattails. However, there are very mixed views about Dorsey because while some people adore him, others are skeptical of his goals as his firm has been accused of mass censorship. Then on August 13, Dorsey tweeted out a URL link to a book called “Anatomy of the State” by the economist Murray Rothbard. The tweet not only attracted likes from bitcoiners but a number of […]

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Infrastructure bill passes, Coinbase posts $1.6 billion in Q2 profit, $600 million stolen in DeFi hack: Hodler’s Digest, Aug.8-14

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week   Infrastructure bill passes US Senate without clarification on crypto On Tuesday, the controversial infrastructure bill passed in the U.S. senate In a 69-30 vote. The bipartisan bill proposes roughly $1 trillion of funding into transportation and electricity infrastructure projects. The bill also […]

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Wealth managers gain exposure to Bitcoin via Grayscale, according to new SEC filings

The Grayscale Bitcoin Trust, which trades under the ticker symbol GBTC, is being snatched up by institutional managers looking for more traditional exposure to digital assets. New filings with the United States Securities and Exchange Commission, or SEC, reveal that four wealth management companies have acquired shares of Grayscale’s Bitcoin Investment Trust, offering further evidence of institutional adoption of digital assets.  As first reported by MacroScope, a Twitter feed devoted to institutional trading and asset management, the firms disclosed their GBTC holdings in new filings for the […]

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Dionne Warwick to Headline DOGE-Themed Festival Dogepalooza 2021

While dogecoin fans saw the first crypto-scented Dogecan body spray made by Axe, Oscar Mayer’s 10-pack of dogecoin branded weenies, and an augmented reality game called Dogemon Go, supporters now have the opportunity to attend a DOGE-centric festival called “Dogepalooza.” The dogecoin-themed event will have live entertainment from major artists like Dionne Warwick, Damon Elliott, and Chloe Flower. Dogepalooza 2021 Fans of the meme-based crypto-asset dogecoin (DOGE) are throwing a festival dedicated to the digital currency and its economy. Dogepalooza 2021 of course borrows the name from […]

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Vietnam leads crypto adoption in Finder’s 27-country survey

Financial product comparison website Finder.com has released its latest crypto report, where it evaluated adoption trends across 27 countries in Europe, Asia and the Americas. Emerging economies like Vietnam, India and Indonesia are leading the charge when it comes to cryptocurrency adoption, underscoring important use cases for digital assets tied to remittances and financial inclusion.  Finder’s survey of 42,000 people across 27 countries revealed that Vietnam had the highest adoption rate, with 41% of respondents claiming they had purchased cryptocurrency. Twenty percent of Vietnamese said they had […]

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British Court Orders Binance to Identify and Freeze Hackers’ Accounts After a User Claims Funds Stolen

A U.K. judge has reportedly ordered cryptocurrency exchange Binance to identify hackers and freeze their accounts after one of its users claimed to be the victim of a $2.6 million hack. Binance Ordered to Help Recover Funds Allegedly Stolen in a Hack A London high court has ordered global cryptocurrency exchange Binance to identify hackers and freeze their accounts after one of its users, Fetch.ai, claimed to be the victim of a $2.6 million hack, Reuters reported Friday. The judge granted requests by the artificial intelligence (AI) […]

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Bitcoin’s Blockchain Is The Timechain, Let’s Call It That

Calling Bitcoin’s blockchain the “timechain” would honor Satoshi’s intention and help clear up altcoin misdirection. I’m fairly new to Bitcoin and I’m a boomer, which means I’m not qualified to comment on any technical aspects of the Bitcoin protocol. But I do have a 30-year career as a business development coach and I’ve written two business books and, until recently, I published an electronic newsletter that went out monthly to thousands of professionals in over 120 countries. That writing background makes me hypersensitive to words and how […]

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Bitcoin holds $46K support after failed breakout, Cardano price passes $2.20

$48,000 proves too much for BTC bulls Saturday as Cardano’s ADA hits $2.20 in a fresh show of strength. Bitcoin (BTC) bounced at $46,000 support on Aug. 14 after an attempt to crack major resistance ended in rejection. BTC/USD 1-hour price chart (Bitstamp). Source: TradingView Bitcoin rejects at $48,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising to tackle a giant sell wall during Saturday, only to reverse downwards to Friday’s levels. As Cointelegraph reported, the area of seller pressure from $47,000 and upwards had […]

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The Crypto Economy’s Biggest 12-Month Gainers Outshined Bitcoin and Ethereum by a Long Shot

2021 has been an incredible year for bitcoin, ethereum, and a great number of the world’s most popular digital assets. While bitcoin has gained around 300% during the last 12 months and ethereum has risen by 630%, a large swathe of crypto assets saw much larger gains. 12-Month Stats Show a Slew of Relatively Unknown Tokens Outperformed the Top Ten Crypto Assets by Market Cap After the March 12, 2020 market crash that wreaked havoc on nearly every commodity in the world, otherwise known as ‘Black Thursday,’ […]

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