Monthly Archives: September 2021

A Look At The Game Theory Of Bitcoin

In part one of this series, we examine the game theory of bitcoin, an often mentioned but often misunderstood aspect of bitcoin adoption. What is game theory? Simply put, if you are playing any game of strategy, like chess, any move you make in the game will have to be countered by your opponent. The strategic decisions that you and your opponent make will ultimately determine who wins and who loses the game. So how does this relate to Bitcoin? Bitcoin is the greatest invention since the […]

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It Is Easy To Have An Impact On Bitcoin

Bitcoin has a place for many skill sets and backgrounds, as we’ll see in this episode of “Meet The Taco Plebs.” Watch This Episode On YouTube Listen To This Episode: BitcoinTV Apple Spotify Google Libsyn Overcast Oftentimes, those who have the greatest impact go unseen. Here at Bitcoin Magazine, we have an excellent copy editing network, which includes the highly talented Keith Mukai. Mukai contributes to Bitcoin in so many ways, and we are very lucky to have him here at the magazine. In this episode, we […]

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Cardano Successfully Applies Alonzo Hard Fork; Adds Smart Contract Capabilities to Its Blockchain

Cardano, the third cryptocurrency ranked by market cap, has successfully applied the “Alonzo” hard fork, adding smart contract capabilities to its functionality. The update, that had been deployed in testnet days ago, finally was incorporated in mainnet yesterday. Cardano is now looking to deploy defi apps, and there are already several parties working on widening the Cardano ecosystem in that regard. Cardano Enters Smart Contracts Arena Cardano, one of the leading cryptocurrency chains by market cap, has successfully applied the “Alonzo” hard fork. With this update, the […]

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US lawmakers propose adding digital assets to ‘wash sale’ rule and raising capital gains tax

If passed, the plan would raise the capital gains tax rate for “certain high income individuals” to 28.8%, while eliminating the “wash sale” loophole for crypto users. Democrats in the U.S. House of Representatives have proposed tax initiatives to fund a $3.5 trillion spending package which could potentially affect crypto users.  According to a document released by the House Committee on Ways and Means on Monday, the proposal would increase the tax rate on long-term capital gains from the existing 20% to 25% for “certain high income […]

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Bitcoin price flirts with $40K, but derivatives data is still bullish

Bitcoin is leaning toward the $40,000 level, but derivatives data shows traders are holding a neutral-to-bullish stance. The price of Bitcoin (BTC) is facing an intense period of volatility since moving from a $52,950 top on Sept. 7 to a $42,800 low just two hours later. More recently, the $45,000 support was held for a couple of days despite being heavily tested, and this triggered a $3,400 up- and down-swing on Sept. 13. There’s little doubt that shorts — traders betting on a price decrease — have […]

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Bitcoin.com Adorns it’s Crypto-Friendly Casino with New Games from NetEnt

Hot new games from two of the top providers added to Bitcoin.com’s very own crypto casino! Anticipation has been running high among players at Bitcoin.com Games for their favorite games from the leading software provider, NetEnt. Coming off of the recent addition of a range of live casino games from Evolution Gaming and iSoftBet, the popular casino is now bringing some of the most entertaining titles from this iGaming developer that players have come to cherish over the years. With in-demand slots like Dead or Alive 2 […]

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HaloDAO Lists on AscendEX

PRESS RELEASE. AscendEX is thrilled to announce the listing of the HaloDao token (RNBW) under the pair USDT/RNBW on Sept. 13 at 1 p.m. UTC. HaloDAO intends to unlock potential for non-USD stablecoins to generate permissionless on-demand liquidity. They are building their Protocol in the Balancer ecosystem. This will enable local populations to swap and earn crypto, acting as the base layer for additional innovation for local payments. HaloDAO provides an incentivization system embodied in a Decentralized Autonomous Organization (DAO). The stablecoin marketplace protocol connects traditional finance […]

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SEC chair doubles down, tells crypto firms ‘come in and talk to us’

“Under our laws, they have to register with the Commission unless they qualify for an exemption,” said Gary Gensler. Gary Gensler, chair of the United States Securities and Exchange Commission, is once again urging crypto projects with securities to register with the regulatory body to ensure thinvestors are protected. In a prepared statement for his testimony at the Senate Committee on Banking, Housing, and Urban Affairs scheduled for Sept. 14, Gensler said the Securities and Exchange Commission, or SEC, was working with the Commodities Futures Trading Commission […]

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Cathie Wood’s ARK Resorts To Canadian Bitcoin ETFs As The SEC Delays Applications In The US

The fund updated its prospectus and can now invest in Canadian bitcoin ETFs while the SEC doesn’t approve one in the U.S. A new supplement filing with the U.S. Securities and Exchange Commission (SEC) shows that Cathie Wood’s ARK Investment Management has given itself clearance to purchase Canadian bitcoin exchange-traded funds (ETFs). The firm’s ARK Next Generation Internet ETF, which previously could only get bitcoin exposure through investments in a grantor trust, has updated its prospectus to enable the fund to invest in bitcoin ETFs up north. […]

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Gala Games (GALA) rallies 265% shortly after Binance listing announcement

An exchange listing and a foray into NFTs and play-to-earn gaming back GALA’s 270% rally to a new high. Nonfungible tokens (NFT) and play-to-earn gaming are two of the hottest trends in the crypto sector because each presents new avenues for attracting users and the unique character of each niche allows participants to generate wealth rather than having to spend money to become a part of the community. Gala Games, a blockchain-gaming-focused project that allows users to use their unique NFT characters in gameplay, saw its GALA […]

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