Monthly Archives: September 2021

The State Could Try To Leech Off Of Bitcoin Rather Than Banning It

Governments truly wanting to “beat Bitcoin” may carefully consider siphoning the value gained through bitcoin. I think at the end of the day if it’s really successful, they will kill it and they will try to kill it. And I think they will kill it because they have ways of killing it. -Ray Dalio on Bitcoin Banning Bitcoin is a practical impossibility. The incentives are such that Bitcoin will prevail in the long term as the savings technology of choice, but that doesn’t mean the state will give […]

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Ethereum options data suggests the battle for $4K ETH is at least a week away

Traders are long on Ethereum, but derivatives data suggests that $4,000 ETH is a long shot in the short term. For the past 40 days, Ether (ETH) traded in a modest uptrend, respecting a narrow channel most of the time. The absolute leader of the smart contracts sector enjoyed a brief rally toward $4,000 in the first week of Sept., but a subsequent crash brought the price into the ascending channel. Ether price at Bitstamp in USD. Source: TradingView During this time, NFTs posted record-breaking transactions in […]

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Satoshi Nakamoto statue goes up in Budapest

“Whoever he or she was, Bitcoin creates value, and especially the technology behind Bitcoin, blockchain, creates value,” said András Győrfi. A bronze depiction of legendary Bitcoin creator Satoshi Nakamoto is now on display for visitors to Graphisoft Park in Budapest.  In an unveiling ceremony on Sept. 16, András Győrfi, the co-founder of the statue project and editor of crypto news site Kripto Akademia, spoke to a crowd of journalists and Hungarian residents before revealing the shining face of Satoshi. The artwork shows the upper half of a […]

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Why Generation Z Loves Bitcoin

A generation whose known nothing but mounting government debt finds the value in absolute scarcity. I am a zoomer, you may have heard of us — self entitled, spoiled and good at tech. I recently graduated from high school, attended university and entered the workforce. If you have done any of these things in your life then there is a good chance that you’re a human, and this article is relevant to you. Although this writing is tailored to younger demographics it still applies to everyone. I’ll […]

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Study Shows Cross-Chain Bridge Technology Growth, Bridges to Ethereum Exceed $7 Billion

On September 8, 2021, Dmitriy Berenzon, research partner at 1kxnetwork, an early-stage crypto fund that helps founders bootstrap token networks, published a comprehensive research post concerning blockchain bridges. Berenzon’s study highlights the current “multi-chain market structure” and bridges that are making a myriad of blockchains compatible. Researcher: ‘We Are Finally in a Multi-Chain Market Structure’ For quite some time now, multi-chain or cross-chain technology has been a holy grail of sorts in the cryptocurrency development space. People want to transact with other blockchains by leveraging bridges to […]

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Monsta Infinite Lists on AscendEX

PRESS RELEASE. AscendEX is thrilled to announce the Monsta Infinite token (MONI) listing under the trading pair USDT/MONI on Sept. 15 at 1 p.m. UTC. In celebration of the MONI listing, AscendEX and the MONI team will launch seven limited-time promotional events for users to earn token rewards. The events will take place between 12:00 a.m. UTC, on Sept. 16 and 12:00 a.m. UTC, on Sept. 23, 2021. By depositing and trading MONI, users will have the chance to share airdrop rewards worth up to 80,000 USDT. […]

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Bringing Bitcoin To Ethiopia With Kal Kassa

Bitcoin advocate Kal Kassa discusses bringing Bitcoin to Ethiopia and its potential in Africa at large. Watch This Episode On YouTube Listen To This Episode: BitcoinTV Apple Spotify Google Libsyn Spreading knowledge about the power of Bitcoin doesn’t just happen by accident. Getting information out to those who need it requires expertise and concerted effort from someone like Kal Kassa. Kassa works with the Lightning Network and is taking on the charge, pouring energy into bringing awareness into more secluded regions. On this episode of the “Bitcoin […]

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Multimillion-dollar investment rounds spark rallies in Avalanche and Audius

Increased use of cross-chain bridges and sizeable investments from a variety of venture capital firms are boosting the price of AVAX, CELR and AUDIO. Altcoins continue to book notable gains on Sept. 16 as a slew of celebrity endorsements, major investments and the growing popularity of cross-chain bridges catch investors’ attention. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Audius (AUDIO), Avalanche (AVAX) and […]

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Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion

On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681 ether worth more than a billion U.S. dollars have been burned. More Than 300K Ether Burned Following EIP-1559 More than a billion dollars worth of ethereum (ETH) has been burned to date, after the London upgrade was implemented 42 days ago. The biggest changes added to the Ethereum blockchain included EIP-1559 and EIP-3554. While EIP-3554 changed the […]

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Why ECB President Christine Lagarde’s Latest Stance On Bitcoin Is A Good Thing

ECB President Christine Lagarde’s recent remarks that bitcoin is not a currency show that central banks fear losing power. European Central Bank (ECB) President Christine Lagarde was interviewed on Bloomberg TV on September 13, which aired yesterday, September 15. Among the topics discussed, which included monetary policy, debt, and gross domestic product (GDP) of countries in the European Union (EU), Lagarde also shared her view on Bitcoin and “cryptocurrencies.” “Cryptos are not currencies. Full stop,” Lagarde emphatically said in the video. “Cryptos are highly speculative assets that […]

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