Monthly Archives: August 2021

XinFin (XDC) hits a new ATH after fresh partnerships and exchange listings

XDC price soared to a new all-time high shortly after a round of new partnerships, protocol integrations and exchange listings. Enterprise adoption of blockchain technology is an important long-term goal of the cryptocurrency community because the integration of digital currencies with daily business activities will bring new users into the ecosystem and provide a boost to on-chain activity. One protocol that has been gaining traction on the enterprise adoption front is XinFin Network (XDC), an enterprise-ready hybrid blockchain solution specifically designed to optimize international trade and finance. […]

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The Satcomma Standard: You Should Look At Bitcoin Like This

The satcomma standard allows users to see both bitcoin and sats in one easy glance. A Whole Number Notation Scheme For Sub-Decimal Amounts In Bitcoin Regardless of what wallet software we use, the bitcoin notation standard, i.e., how the numerals appear in your balance, is the primary UX component of our relationship with bitcoin. The punctuation of money, periods and commas, and where they appear in sequence, provide us with critical information regarding our personal wealth and the cost of goods. The notation standard is the drawbridge […]

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Plan B’s Stock-to-Flow Bitcoin Price Model ‘Predicts $100K by Christmas,’ S2F Creator Discusses ‘Time Model’

The pseudo-anonymous bitcoin analyst called Plan B gave his 704,000 Twitter followers an update on the notorious stock-to-flow (S2F) bitcoin price model. Plan B stressed on August 27, that the “next months will be key” as he believes the bitcoin S2F model “predicts $100K by Christmas.” ‘$100K by Xmas’ Plan B is a popular figure in the bitcoin world as the pseudo-anonymous analyst is well known for his stock-to-flow (S2F) price model. In basic terms, the model quantifies the commodity’s (bitcoin) scarcity and then divides it by […]

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Top 5 cryptocurrencies to watch this week: BTC, ADA, LUNA, VET, XTZ

Bitcoin’s consolidation near $50,000 reflects a steady market and this could attract buyers to altcoins like ADA, LUNA, VET and XTZ. On Aug. 27, U.S. Federal Reserve Chair Jerome Powell said that the central bank will start tapering its $120 billion monthly bond purchases by the end of the year, but the interest rate hikes would have to wait until the job market and inflation pass a more stringent test. In response to the speech, the U.S. dollar index (DXY) fell, the S&P 500 index rose to […]

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Bitcoin: The First And Final Rival Money

A Weekly Series Of Essays About The Language Of Bitcoin by Alex McShane Lingua Contra Imperium The Language of Bitcoin: 3 TL;DR – Bitcoin is the first monetary technology of its kind. It is also the last. If you insist on summing up our good and sound money with a broken monetary measure such as the dollar, you will forever be confused about the state of the financial world. The dollar’s infinite expansion will lead you to believe you have more Bitcoin than really you do. Rational Hard money […]

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Anarchist Bar in Brussels Now Accepts Cryptocurrency

A bar in Brussels frequented by local anarchists has introduced crypto payments. Bitcoin is the money of the future, say the owners who have recently renovated the place. It is among the first such establishments in the Belgian capital to take coins for pints, they say. Dolle Mol Bar on Rue des Éperonniers Will Take Your Crypto The Dolle Mol café and bar in downtown Brussels, the heart of Europe, has started accepting cryptocurrencies for the beverages it offers. The famous anarchist bar on Rue des Éperonniers […]

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24 Hour Double-Digit Crypto Gainers: Ecash Jumps 40%, Tezos Spikes 16%, Arweave Gains 12%

During the last week, a large quantity of popular crypto assets have consolidated and have even seen some slight losses during the last seven days. However, there’s a slew of crypto coins that have seen significant double-digit gains during the last 24 hours. Ecash, Tezos, Arweave, Bitcoin Gold Jump The lion’s share of crypto coins in the crypto economy have seen double-digit gains during the last month but over the last week, there’s been some consolidation for a great number of the usual market leaders. For instance, […]

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Bitcoin weekly outlook: Why a $50K-retest is likely ahead of Friday’s US jobs data

Bitcoin bulls remain pressured under $50,000 in the week that would shed more light on the Federal Reserve’s taper outlook based on non-farm payroll numbers. The heavy selling in the U.S. dollar market at the end of last week assisted Bitcoin (BTC) to climb above $49,000. However, BTC struggled to extend its climb above $50,000, a psychological resistance level, as investors remained cautious about the Federal Reserve’s taper timing.  Bitcoin corrects after logging its week-to-date high of $49,667. Source: TradingView.com In detail, the Fed chairman Jerome Powell […]

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Visa whitepaper describes NFTs as a ‘promising medium for fan engagement’

The nonfungible token, or NFT, market registered $2.5 billion in sales during the first half of 2021. Companies like Visa continue to shine the spotlight on this rapidly growing industry. Visa’s splash into the NFT market was driven by an evaluation of the underlying technology and its ability to serve as a “promising medium for fan engagement,” according to a recent whitepaper published by the global payments giant.  The Aug. 23 publication described nonfungible tokens as an important innovation during the pandemic, where strict shelter-in-place orders limited […]

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Ethereum Fees Jumped 154% Since Last Week, $400 Uniswap Fees, $1K to Interact With Opensea

Following the bug and the split that occurred after a great number of Geth nodes did not upgrade, Ethereum fees have risen dramatically since August 21, jumping from $11 per transaction to today’s 0.0088 ether per transaction ($27.98). Ethereum Transaction Fees Skyrocket Ethereum is the second-largest crypto asset in terms of crypto market capitalization with a $375 billion market cap or 17.4% of the crypto economy’s $2.16 trillion. ETH is up 34.3% during the last month, but has lost 2.1% during the last two weeks. On August […]

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