Monthly Archives: August 2021

How will regulatory troubles and mandatory KYC impact Binance Coin (BNB) price?

Data shows traders have mixed emotions about BNB’s future given Binance’s regulatory troubles and new mandatory KYC policy. Binance Coin (BNB) rallied 30% in two weeks, but the fourth largest cryptocurrency by market capitalization seems to be struggling to break the $450 resistance. Coincidently, this is the same top from June 3, which was followed by a 48% correction down to $225. Given the similarity of the situation when compared to previous instances, investors have reasons to doubt the recent performance, especially as Solana (SOL), a competing […]

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Bitcoin Alleviates Future Uncertainty

A Weekly Series Of Essays About The Language Of Bitcoin by Alex McShane Lingua Contra Imperium The Language of Bitcoin: 2 TL;DR – The government has pulled us into the deep waters, financially, to keep us vulnerable. Vulnerable people have the highest time preference, because they have the most future uncertainty. We’ve gone from a society that proudly claims to protect and nurture its most vulnerable populations, to a society that creates them as a matter of course. This is why you find yourself treading water financially. […]

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Top 5 cryptocurrencies to watch this week: BTC, ADA, AVAX, CAKE, ATOM

Bitcoin price continues to encounter resistance at the $50,000 level, but the rounding bottom pattern seen in most altcoins is a signal that traders intend to push prices higher. Bitcoin (BTC) is knocking at the doors of the key $50,000 level and most traders are still optimistic even after the digital asset rallied 70% from the July 20 low at $29,278 to an intraday high at $49,757.04 on Aug. 21. Monitoring resource Material Indicators pointed to a lot of puts at the $50,000 strike price and the […]

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Concerns around data privacy are rising, and blockchain is the solution

A decentralized future, with Web 3.0 and blockchain at its core, will provide the best practices in users’ privacy and data protection. Today’s consumers are willing to trade their data for personalization but have fast-growing concerns about data privacy. In a survey from a digital security and credential issuance company Entrust, only 21% of the respondents trust established global brands to keep their personal information secure. As data privacy pressure on Big Tech increases, these companies are starting to make significant investments in security solutions. Regulations around […]

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DeFi regulation must not kill the values behind decentralization

The rise of DeFi improves financial inclusion and should be allowed to flourish in a regulated, and thus protected, environment. Cryptocurrency brought us peer-to-peer payments that continue to elevate participation in the global economy for millions of people without access to traditional banking services. The rise of decentralized finance (DeFi) promises to further expand access to financial services, including savings, lending, derivatives, asset management and insurance products. This innovation, which empowers financial inclusion, should be allowed to flourish in a regulated environment where individuals and institutions are […]

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Bitcoin prepares for $50K showdown as futures traders turn ‘modestly bearish’ on BTC

The market is clear for an attack on $50,000 resistance but not everyone is betting on further upside, data shows. Bitcoin (BTC) edged closer to $50,000 on Aug. 22 as concerns over a bearish downturn made a timely reappearance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Modestly bearish” signs accompany $50,000 run-up Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting a high of $49,830 on Bitstamp Sunday — itself a three-month record. The weekend had proven the staying power of higher levels, with even lower volumes […]

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Institutions appear bullish on crypto despite record Bitcoin outflows

Despite Bitcoin posting its sixth consecutive week of institutional outflows, sentiment around the future of the asset class appears on the rise. At the start of 2021, the cryptocurrency industry was bursting with news of increased institutional investment, and this is still largely true. Despite reports suggesting increased outflows from institutional investors, net inflows are still very much positive. Additionally, though Bitcoin (BTC) appears to be the investment of choice for liquidations, institutional investment into Ethereum (ETH) has never been healthier. From Wall Street hedge funds to […]

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Minting, distributing and selling NFTs must involve copyright law

Nonfungible tokens would be problematic without the validation and verification of copyright ownership in the NFT-minting process. Everyone is wild about nonfungible tokens (NFTs). The first half of 2021 alone saw NFTs from Andy Warhol, NFTs of the code for the World Wide Web, the first-ever Tweet and, of course, the famous $69 million NFT sale of Beeple’s “Everydays.” Whether this explosive rise of NFTs is a flash in the pan or the future of art and beyond is a hot topic of conversation. An emerging theme […]

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Prioritizing humanity ahead of profits through NFTs

Blockchain provides an opportunity to realign the economics of our global system from a profit-driven to a values-driven ecosystem. Humanity is facing more problems than climate change. The world is confronted with some of the greatest challenges of our time: world hunger, growing inequality and economic instability. Many believe that the root cause of the entire range of problems faced by humanity is the expansion of the political power of elites as income and wealth distribution becomes more polarized. Since our beginning, we have used technology to […]

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You Are Not Too Late To Become Wildly Wealthy With Bitcoin

Despite what appearances suggest, the best of Bitcoin is yet to come. When I discovered bitcoin some years ago, I thought I was woefully late to the party. In retrospect it’s obvious how hilariously wrong I was. Like Jon Snow, I knew nothing. Most of the price action, technological development, geopolitical consequences —all this was still ahead of me. And as years go by, I believe this to be even more true today. If you’re reading this, you are not too late. This is still the beginning. […]

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