Monthly Archives: August 2021

How Bitcoin Mining Has Evolved To Take Us To The Moon

The industry is poised for immense growth as Bitcoin adoption begins to pick up speed. Bitcoin hasn’t even gotten to its teenage years yet. When Satoshi published his white paper in October 2008 detailing the creation of a new monetary system, no one knew that in less than 13 years bitcoin would rise to a market cap of $850 billion. It would also lead to thousands of other cryptocurrencies, foster an entire financial services industry and become a new asset class that is revolutionizing money as we […]

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Walmart is seeking a crypto product lead, the Dogecoin Foundation is active again after a long break, Coinbase has amassed a $4 billion cash-backed war chest: Holder’s Digest, Aug. 15-21

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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DeFi proves that charities could be doing more with their money

DeFi is changing the way the sector operates by using onramps and integrations across blockchains to make giving to charities easier. Most of the stories coming out of the crypto industry this past year have centered around enormous numbers flowing in and out of the space. From stablecoins topping over $100 billion, with Circle raising $440 million in private investment in the spring, to decentralized finance (DeFi) projects like Solana completing a $314 million fundraiser, people love to discuss the huge amounts of money being made in DeFi […]

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DeFi needs more tangible assets on-chain to see a successful future

DeFi already offers innovative financial products, but what’s needed for it to go mainstream is to bring more real-world assets on-chain. In a business school lecture hall at the Massachusetts Institute of Technology (MIT), a senior executive for Safaricom gave a prediction of decentralized finance and the future of commerce to a room of keen but confused MBA students. “You will be able to buy your first home on WhatsApp! Smart contracts on the Ethereum blockchain will take care of everything and you won’t need a broker,” […]

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Unicorns in crypto: A growing herd of billion-dollar crypto companies

As Bitcoin garners more mainstream attention, crypto-centric startups are also scoring funding from VC firms to become crypto unicorns. The second half of 2021 just started and there is already a rise in the number of unicorns emerging in the crypto world as years of resistance towards crypto from mainstream investors start to fade. Since the year began, more than 50 cryptocurrency and blockchain-related projects have risen to the much-coveted unicorn status, with market analysts predicting more to come. A unicorn is a company that has been […]

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Crypto mining needs to be redefined before simply casting it away

To ensure a sustainable future for blockchain and crypto, we need to reimagine the mining process and restructure PoW systems. Blockchain mining networks are often victims of their success. The two contemporary realities that demarcate the mining landscape and cause blockchains to fall short of what they promise are 1) the ongoing technological arms race driven by inherent competitive greed; and 2) the rising energy costs associated with proof-of-work (PoW) mining. Blockchains built on the PoW consensus have become highly unequal and increasingly centralized in terms of […]

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This Market Trend Shows The Bitcoin Price Is Ready For Next Leg Up

The cryptocurrency exchange balance indicates that the bitcoin price is primed for extreme strength in the coming weeks. 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. Bitcoin looks poised for its next leg up. An ongoing battle between the bulls and bears is currently underway for the 200-day moving average of the bitcoin price. The 200-day moving average […]

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HODL Waves: What We Can Learn From UTXO History

How the age of Bitcoin transactions can give us insight into the four-year halving cycles and the history of the blockchain. HODL Waves have been around for a few years but are still relatively new. They were first introduced in an article by Dhruv Bansal at Unchained Capital, a bitcoin-native financial services company. The interesting part about having a transparent blockchain is you can see all sorts of insights within the data. In particular, price is just one granularity of bitcoin, i.e., what the free market will […]

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