Monthly Archives: August 2021

How North American Bitcoin Miners Are Benefitting From China’s Ban

Since China cracked down on Bitcoin mining, North American miners have been stacking BTC. The below is 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. In previous Daily Dives, we covered the mass exodus of bitcoin mining operations out of mainland China following the regulator crackdown. In particular, we highlighted how bullish of a tailwind this was for North American miners. […]

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Bitcoin Can Protect Your Portfolio From Inflation

Discussing how bitcoin can protect portfolios from inflation and the proposed U.S. infrastructure bill. Watch This Episode On YouTube Listen To This Episode: Spotify Google Podbean In this episode of the “Bitcoin Bottomline,” hosts Steven McClurg and C.J. Wilson discussed how to alter your portfolio allocation based on inflation, what the infrastructure bill means for Bitcoin and how legislative involvement plays a part in the Bitcoin space. This episode dove into the details of the proposed U.S. infrastructure bill, including providing perspective on the terminology in the […]

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Why Has The Physical World Not Progressed Like The Digital?

Bitcoin is poised to fix the fiat-created problems which inhibit potential progress. In the year my grandfather was born, the supersonic jet engine, synthetic rubber and the modern microscope were all invented. The year my father was born, the laser and the halogen lamp were both invented, and the first GPS satellite was launched into space. The year I was born, the modern web was invented by bringing Tim Berners Lee’s proposal: “WorldWideWeb: Proposal for a Hypertext Project” to life with the first website. Last weekend, I […]

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How Bitcoin Becomes Hyper Intuitive

Kit Stanwood joined the “Bitcoin Magazine Podcast” to discuss how Bitcoin became hyper intuitive for her. Watch This Episode On YouTube Listen To This Episode: BitcoinTV Apple Spotify Google Libsyn Overcast It is often difficult for people to get into Bitcoin without already being primed to align with one of Bitcoin’s strange attributes. Parker Lewis described Bitcoins strangeness as “being counterintuitive, and then hyper intuitive” after one puts in enough work to understand it. Like many Bitcoiners, Kit Stanwood needed to hear about Bitcoin a couple of […]

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New Rules Proposed For Bitcoin Exchange Providers In El Salvador

The document detailing the new guidelines has been released for comment, apparently encompassing only BTC/USD exchange providers. New technical rules for the Bitcoin law in El Salvador have been submitted for discussion by its Central Bank. The document seeks to clarify the rights and requirements for financial institutions seeking to provide bitcoin to dollars exchange services in the country after it officially becomes legal tender. Significant provisions include the extensive collection, storage, and report of customer data. The published paper says it seeks to facilitate the establishment […]

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Why You Should Maintain A Healthy Relationship With Money

Bitcoin presents an opportunity for us to redesign our relationship with money in a way that’s conducive to being good citizens. Rule X: Plan And Work Diligently To Maintain A Healthy Relationship With Money A REIMAGINATION OF “BEYOND ORDER” BY JORDAN PETERSON THROUGH THE LENS OF BITCOIN. Part 1 Part 2 Part 3 Part 4 Part 5 Part 6 Part 7 Part 8 Part 9 Preface This writing mirrors the exact chronological structure of Beyond Order offering reflection through a Bitcoin lens. This is chapter 10 of […]

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Avalanche Rush to give out more than 180M in DeFi incentives

The multi-stage program will start with $27M tokens allocated for the Aave and Curve protocols, with additional incentives reserved for Avalanche native projects. Smart contract platform Avalanche has announced a $180 million liquidity mining incentive program, named Avalanche Rush. The program aims to encourage more applications and tokens to move to Avalanche’s DeFi platform, according to the release. It’s set to follow a multi-stage deployment starting with the Aave and Curve protocols, before expanding to other assets in the coming months. For this first stage, Avalanche will […]

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3 developments signal that Verasity (VRA) price may have bottomed

Attractive staking offers, a patented approach to combating NFT fraud and an active user base all suggest that VRA price has bottomed following its May lows. The marketwide sell-off on May 19 triggered a 55% decline in the price of Bitcoin (BTC), and altcoins were hit even harder, with some tokens seeing declines of up to 90%. One project whose native token price appears to have bottomed out after an 87% decline from its all-time high is Verasity, an e-sports-focused blockchain protocol focused on increasing engagement and advertising revenues […]

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Vienna Stock Exchange will list crypto ETPs from ETC Group

According to the ETC Group, the ETPs are “100% physically backed and central counterparty cleared.” London-based financial services firm ETC Group will list its entire portfolio of crypto exchange-traded products (ETPs) offering exposure to Bitcoin (BTC), Ether (ETH) and Litecoin (LTC) on Austria’s national stock market. In a Wednesday announcement, the ETC Group said the Wiener Börse, or Vienna Stock Exchange, would be listing three of its crypto exchange-traded products that are “100% physically backed and central counterparty cleared.” These include the firm’s carbon-neutral Bitcoin product, a Litecoin-based product and […]

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Putin Orders Russian Government to Prepare to Check Officials With Crypto Assets

President Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part of a new plan to combat corruption which was recently approved by the Russian leader. Authorities to Inspect Crypto Disclosures Filed by Russian Officials as Putin Approves Anti-Corruption Plan Russian President Vladimir Putin has signed a decree approving the country’s National Anti-Corruption Plan 2021-2024. As part of the new strategy, the Russian head of state has instructed […]

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