Monthly Archives: October 2021

Good News For Bitcoin In Autumn

We continue to experience increasingly bullish news from various parts of the Bitcoin community. Last Week In Bitcoin is a series discussing the events of the previous week that occurred in the Bitcoin industry, covering all the important news and analysis. Summary of the Week This week was filled with bullish news. As the market appears to prepare for an end of year run, the good word keeps coming. From El Salvador’s volcano bitcoin mining operations going live to a Missouri Mayor planning to give households $1,000 […]

More info

Massive airdrop and AXS staking catapult Axie Infinity to a new all-time high

Axie Infinity’s price surged to a record high above $118 following the release of a huge airdrop to early supporters and the launch of staking for AXS token. Airdrops have become the cryptocurrency ecosystem’s equivalent of stimulus checks over the past couple of years and further proof of this can be evidenced from popular protocols like Uniswap and dYdX which rewarded their early adopters with token drops that are now worth $30,000 to $2 million. The latest protocol to surprise its userbase with a wallet fattening airdrop […]

More info

Italian Luxury Fashion House Dolce & Gabbana Sells NFT Collection for $5.7 Million

On September 30, the Italian luxury fashion house Dolce & Gabbana sold an NFT collection for $5.7 million or 1,885 ether. The designers’ Collezione Genesi collection was sold via the platform UNXD, a Polygon network-powered marketplace. Dolce and Gabbana’s Collezione Genesi Rakes in 1,885 Ether Dolce and Gabbana’s first-ever non-fungible-token (NFT) drop, Collezione Genesi raked in a whopping 1,885 ether or $5.7 million, using ethereum (ETH) exchange rates at the time of sale on Thursday. Two notable NFTs brought in the most funds, “The Doge Crown” and […]

More info

The Extraordinary Ramifications Of Bitcoin As Money In El Salvador

Privacy advocates and Salvadorans discuss the rollout of El Salvador’s Bitcoin law, government wallet and more. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast The government of El Salvador recently made a historic move by declaring bitcoin as legal tender, but the implementation of this new monetary network on the nation-state level hasn’t come without its fair share of obstacles. Alex Gladstein, chief strategy officer of the Human Rights Foundation, recently wrote an outstanding piece called “The Village And The Strongman” […]

More info

OMG eyes a new all-time high after unveiling its ‘Boba Network’ layer-2 solution

Since hitting a bottom below $3 on July 20, OMG price has hiked 380% and now targets a new multi-year high. In September the frenzy that propelled the nonfungible token (NFT) sector quieted down but a burst of fresh energy emerged as the layer-two sector heated after the successful launch of Ethereum (ETH) scaling solutions like Arbitrum and Optimism.  Another project that has benefited from the sector’s transition to layer-1 and layer-2 alternatives is OMG Network (OMG), a non-custodial layer-two protocol that utilizes an optimistic rollup scaling […]

More info

Renaissance Now! Bitcoin Will Lead To A Creative Resurgence

Art and design will flourish under a bitcoin standard as time preference extension happens on a mass scale. At BitBlockBoom in August 2021, American Hodl prompted the audience to reflect on how we, as the future wealthy elite, will allocate our resources for the benefit of future generations. His main point was to emphasize the importance of making wise investments in a sound money economy because if someone squanders their bitcoin on reckless ventures, they wouldn’t be getting that bitcoin back. Though American Hodl didn’t share his […]

More info

Mars4: Highly Liquid MARS4 Dollars and Revenue Generating Mars Terrain NFTs

The red planet is a mystery to man and his obsession with it has created many legends and myths over the centuries. As the US’s Perseverance rover lands on Mars and drills its first Martian rock core for NASA, interest in Mars is at an all-time high, and pioneers are dying to stake their claim on the Red Planet’s soils. A meaningful approach for the visionary is to speculate on Mars’s value. You can do this by participating in the Mars4 non-fungible token (NFT) and land plot […]

More info

Third-Largest Bank in France Societe Generale Proposes Use of Defi Protocol Makerdao

French multinational investment bank and financial services company, Societe Generale, has proposed to leverage the decentralized finance (defi) protocol Makerdao. The proposal dubbed “Security Tokens Refinancing” was published on October 1 to Makerdao’s forums and the submission aims to utilize the DAI stablecoin to refinance a covered bond concept. Societe Generale Proposes Leveraging Makerdao and DAI Stablecoins to Refinance Bond Token The international bank Societe Generale’s digital currency division has submitted a proposal on Makerdao’s governance forums (MIP6 application) and the bank wants to refinance a bond […]

More info

Price analysis 10/1: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, LUNA, UNI

Historical data suggests that October is a good month for Bitcoin bulls, and today’s push above $47,600 could be a signal of what’s to come for BTC and altcoins. The month of September stayed true to its billing as a historically weak period for cryptocurrencies. Bitcoin (BTC) closed the month with a loss of about 7%. However, October may bring cheer to the bulls because Bitcoin has risen in six of the past eight years, falling only in 2018 and 2014. The bulls started the month on […]

More info

Biden Admin weighing bank-like regulation for stablecoin issuers

The United States government appears keen to tame the rapidly growing stablecoin market, according to reports. The Biden administration is reportedly considering a new legal framework for stablecoin issuers that would put them in the same category as banks, raising questions about the future of crypto regulation in the country. Citing people familiar with the matter, The Wall Street Journal reported Friday that the administration is looking to convince Congress to create a new “special-purpose charter” for stablecoin issuers and other companies that fall within the same […]

More info
1 2 3 6