Monthly Archives: August 2021

Bitcoin Is The Successor To Violence

Bitcoin completely negates the need for violence by incentivizing trade and peaceful cooperation. Image source I would like to lay out a few of Bitcoin’s operational processes. I know… many of you are very intelligent and grasp Bitcoin well, but there’s a recent upheaval in the core philosophy of Bitcoin. So, if I may, let’s revisit how Bitcoin does what Bitcoin is good at. Firstly, there are the miners. The much-sought-after laborers of the Bitcoin network. Toiling away, independently seeking that magic hash that will yield the […]

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Altcoin Roundup: Here’s a few things to consider when buying NFTs

The dawn of the Metaverse is upon us, and NFTs are forming the foundation of a new economy where users easily store assets and transfer value. The nonfungible token (NFT) sector of the cryptocurrency ecosystem has made waves that splashed across the headlines of even mainstream news outlets in 2021. Celebrities, musicians, sports teams, established auction houses and even fast-food restaurants got involved with the creation and/or sale of one-of-a-kind digital items.  With the top NFT marketplaces like OpenSea seeing record-breaking trading volumes as projects like CryptoPunks […]

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Missouri mayor suggests giving residents up to $1K in Bitcoin

Jayson Stewart hinted Cool Valley residents could be required to HODL the funds for five years. The mayor of Cool Valley, Missouri said he was exploring giving more than $1 million in Bitcoin to the city’s 1,500 residents.  In a Thursday interview with St. Louis news outlet KSDK, Mayor Jayson Stewart said he wanted to see “every single household in my city receive some level of Bitcoin.” Stewart said the funds would likely come from some “very supportive donors” but did not rule out using money from […]

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3 reasons why Avalanche (AVAX) price is up 200% this month

A rapidly expanding DeFi ecosystem and a new low-cost bridge to the Ethereum network are just a few reasons why AVAX price is up 200% in August. Layer-one blockchain networks like Bitcoin (BTC) and Ethereum (ETH) form the foundation of the cryptocurrency ecosystem and enable smart contract functionality that has allowed the creation of new industries like decentralized finance (DeFi) and nonfungible tokens (NFT). Avalanche (AVAX) is a relatively new layer-one solution that has recently seen a significant increase in price and adoption as the dominant smart-contract […]

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Helping Afghanistan: Organizations currently accepting crypto donations

Basic needs for refugees, medical care on the ground, and visa assistance — some crypto users are sending tokens to nonprofits and others to help the Afghan people. With thousands of Afghans currently being accepted as refugees in different countries following the Taliban’s takeover of many highly populated areas, many nonprofit organizations are accepting donations in cryptocurrency. Thousands if not millions of Afghans are attempting to or are in the process of fleeing their home in fear of what the Taliban may do now they are largely […]

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Price analysis 8/20: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, BCH

Bitcoin has resumed its move toward $50,000 and this is likely to send altcoin prices higher. Wells Fargo, in partnership with NYDIG and alternative assets manager FS Investments, has registered a new investment fund dubbed “FS NYDIG BITCOIN FUND I,” which will offer the bank’s wealthy clients an opportunity to gain indirect exposure to Bitcoin (BTC).  In another sign of growing institutional interest, filings submitted to the U.S. Securities and Exchange Commission by BlackRock show a 6.71% stake in Marathon Digital Holdings and a 6.61% stake in […]

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$1,200 Stimulus Check Would Now Be Worth $8,765 If Used To Buy Bitcoin

Your $1,200 stimulus check would be worth around $8,765 today if you’d bought Bitcoin with it in April 2020. Your $1,200 stimulus check would be worth around $8,765 today if you’d bought Bitcoin with it in April 2020. On 27 March 2020, after the U.S. Government had brought our economy to a screeching halt through lockdowns and other mandates in a turbulent and misleading overreaction to the natural spread of a virus, President Donal Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act, also […]

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VanEck and ProShares apply to withdraw Ethereum ETF filings from SEC

It’s unclear why both asset managers chose to apply for and withdraw seemingly similar applications for Ether ETFs on the same days. Less than two days after submitting separate applications to the U.S. Securities and Exchange Commission, asset managers VanEck and ProShares have seemingly decided not to pursue exchange-traded funds with exposure to Ether. In individual Aug. 20 filings with the SEC, legal representatives of VanEck and ProShares both said the firms had elected not to proceed with registering their respective Ether-based exchange-traded funds, or ETFs. VanEck […]

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Altcoins rally higher while Bitcoin bulls target $50,000

SYS, SWAP and PRQ lead altcoins higher while Bitcoin bulls place their focus on the $50,000 mark. Bulls officially made their claim clear today as Bitcoin price rallied 4.18% to $49,163 and captured the attention of investors who’ve been waiting for (BTC) to reclaim the $50,000 mark. The uptick in bullish momentum translated into a wave of green candles from altcoins and the majority of the tokens in the top 200 registered gains. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from […]

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Woman Buys A House With Bitcoin Gifted By Cheating Ex-Boyfriend

The boyfriend gifted some BTC, cheated on her, they broke up, and she used it to buy a house; but she could’ve sold the house for more bitcoin instead. A woman shared on Elle the unusual way Bitcoin helped her buy a new house. After receiving 0.5 bitcoin from her ex-boyfriend in 2016, she had forgotten about it until this year’s rally. As she was looking for a home to buy, she pulled most of the BTC out to purchase a better house and perform some renovations. […]

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