Monthly Archives: September 2021

Bitcoin Fixes The Modern Fiat Ponzi Scheme

The modern financial system is a debt-based pyramid scheme and an investment-based Ponzi Scheme with extra steps. Meme Image from Rick and Morty(8/30/2015) Season 2, Episode 6; The Ricks Must Be Crazy After a couple of years of studying Bitcoin and the U.S. dollar that I was raised to trust like it was some faceless god, I eventually started valuing everything in Bitcoin’s satoshis instead of the U.S. dollar. The biggest reason wasn’t because of Bitcoin either. It was the U.S. dollar’s system that did it to […]

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Fighting For Financial Literacy In Congress With Aarika Rhodes

Aarika Rhodes explained how financial literacy can be a force for change in our world. Watch This Episode On YouTube Listen To This Episode: BitcoinTV Apple Spotify Google Libsyn Overcast For many young people, especially those from less affluent backgrounds, Bitcoin offers a means to grow beyond the constraints of poverty and historic debt. However, enabling this leverage isn’t always easy. Education is paramount, and encouraging financial literacy will determine the agency further generations step into. On this episode, we are joined by Aarika Rhodes as we […]

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3 reasons why Polkadot is en-route to a new ATH even after a 256% rally

Steady development and strong fundamentals suggest that DOT’s rally toward a new all-time high is in the making. The recent 256% Polkadot (DOT) recovery over the past 56 days has been nothing short of spectacular. Although the price is 23% below its $49.80 all-time high from four months ago, the altcoin’s $39 billion market capitalization has outperformed the Ether (ETH) by 66% over the past thirty days. Polkadot/USDT. Source: Bybt.com Polkadot is a blockchain network designed to support various interconnected, application-specific parallel chains, known as parachains. This […]

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Africa’s crypto market has grown by more than 1,200% since 2020: Chainalysis

P2P platforms, the need for remittances to circumvent restrictions from banks, and putting savings into crypto as a means of avoiding inflation could have contributed to the growing market in Africa. Digital analytics firm Chainalysis reported that the cryptocurrency market in Africa has grown significantly since last year in addition to the region having a larger share of overall retail transaction volume compared to the global average. In a report released on Sept. 14, Chainalysis said Africa’s crypto market has increased in value by more than 1,200% […]

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Crypto Exchange Coinbase Unveils Plan to Raise $1.5 Billion by Selling Bonds

Amid trouble with the U.S. Securities and Exchange Commission (SEC), global cryptocurrency exchange Coinbase unveils its plan to raise $1.5 billion by selling bonds. Coinbase Plans to Issue $1.5 Billion in Bonds Coinbase Global Inc. (Nasdaq: COIN) announced Monday “its intention to offer, subject to market conditions and other factors, $1.5 billion aggregate principal amount of its Senior Notes due 2028 and 2031 in a private offering.” The company explained that the notes “will be fully and unconditionally guaranteed by Coinbase Inc.” and “The interest rate, redemption […]

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iME Lists on AscendEX

PRESS RELEASE. AscendEX is thrilled to announce the listing of the iMe token (LIME) under the pair USDT/LIME on Sept. 14 at 1 p.m. UTC. iMe is an innovative, Telegram-based messaging platform with extended functionality and DeFi capabilities. iMe is the only project to introduce DeFi functionality on a messaging platform. iMe has integrated Artificial Intelligence, “Topics,” an alternative to Telegram folders, built-in Google Translations, a functional Cloud with Albums, and many other unique developments on its platform. Similar to the functions offered by Telegram, iMe users […]

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New report reveals top-graded exchanges at three-year peak volume dominance

The CryptoCompare report ranked the performance of several crypto exchanges across metrics such as security and asset diversity to conclude their findings. Recent data from market analyst firm CryptoCompare reveals that the leading six cryptocurrency exchanges, as per the company’s analytical model, were responsible for a 3-year high in spot volume throughout the month of August.  The metric grades all cryptocurrency exchanges across a multitude of areas — including legal/regulatory cases, data provision, security and market quality, among others — and ranks them in a list accordingly. […]

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Report: Bitcoin Adoption In Africa Grows 1,200% In One Year

The continent is the third-fastest growing bitcoin economy globally, powered by retail users seeking to save and transfer money. Bitcoin adoption in Africa has skyrocketed over the past year, growing over 1,200%, according to a report by Chainalysis. The increased activity in the region has been fueled by retail investors, who resort to bitcoin every day for savings, remittances, and peer-to-peer (P2P) trading. Artur Schaback, COO and co-founder of P2P exchange Paxful, told Chainalysis that his platform had seen stark growth in African countries, notably 57% in […]

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2 key Ethereum price metrics back traders’ confidence in $3,800 ETH

ETH’s 90-day annualized premium and the funding rate on perpetual futures signal that traders are confident the altcoin will recapture the $3,800 level. According to derivatives markets, Ether (ETH) traders are still confident that there is the chance formore upside even though the 23% correction on Sept. 7 took a hit on prices.  Ethereum network congestion also peaked on Sept. 7 when the average transaction fee reached $60, and since then it has remained above $17. As a result of the lingering challenges experienced by the network, […]

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As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise

Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the crypto economy and these coins have dipped in value, the TVL across defi has continued to rise, climbing more than 5% to $185.32 billion. Defi TVL Across All Chains Rises by More Than 5% Over 9 Days Decentralized finance (defi) has attracted billions of dollars and at the time […]

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