Monthly Archives: October 2021

Bitcoin-related altcoins surge as BTC ETF rumors spread across the sector

Rumors of an imminent Bitcoin ETF approval are boosting sentiment and prices across the market, but caution is warranted, as it could turn into a buy-the-rumor, sell-the-news event. On Oct. 14, bulls flexed their muscles and showed their intent to push the price of Bitcoin (BTC) closer to its $65,900 all-time high. One reason for the move is the steady chatter about the possibility of a Bitcoin exchange-traded fund (ETF) being approved by the end of October.  Data from Cointelegraph Markets Pro and TradingView shows that after hitting […]

More info

Making Bitcoin Mining Accessible

Discussing Bitcoin mining accessibility for the masses with Whit Gibbs of Compass Mining. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of “The Bitcoin Magazine Podcast,” host Christian Keroles was joined by Whit Gibbs, the cofounder and CEO of Compass Mining. Compass Mining’s mission is to support hash rate growth and network security by making Bitcoin mining accessible for more people. Keroles and Gibbs explored Gibbs’ journey into Bitcoin, his experience building a Bitcoin company, the future of […]

More info

Ethereum price hits $3,800, boosting bulls’ control in Friday’s ETH options expiry

ETH price recaptured the $3,800 level and derivatives data signals bulls are well-positioned for Friday’s $385 million options expiry. Ether (ETH) entered a slightly bullish channel earlier this month, and currently the price is marching toward the $3,800 level. Despite the recent turbulence, Ether bulls are set to bag a $53 million profit on this Friday’s weekly options expiry.  Investors also appear to be disinterested in Ether’s recent underperformance versus Bitcoin (BTC), and to date, the altcoin’s gains stand at 265%. If Ether manages to stay above […]

More info

Deep Web Confusion: Ostensible Alphabay Admin ‘Desnake’ Claims the Darknet Market Has Returned

In mid-July 2017, the largest darknet marketplace (DNM) Alphabay went dark and patrons didn’t know if the administrators were busted by law enforcement or if it was an exit scam. Not too long after the site went dark, law enforcement disclosed that an organized police task force, from various jurisdictions, infiltrated Alphabay alongside the DNM Hansa. Thailand police also arrested Alexandre Cazes, the alleged administrator for the Alphabay marketplace. Now over four years later, Alphabay (AB) has allegedly returned as the original AB admin “Desnake” has ostensibly […]

More info

Revolve Games Adds New Dimensions to Play-to-Earn Blockchain Gaming

PRESS RELEASE. Playing games has taken another dimension entirely through a new play-to-earn model that makes earning generating crypto revenue easier than ever. Revolve Games is revolutionizing the way DeFi staking is integrated with blockchain gaming by debuting a Metaverse where players can earn rewards according to performance. Current games fall short in unlocking the true value of play-to-earn NFT games. But a token-staking play-to-earn model is what the NFT scene needs so players can fully dive in the immersive gameplay of the metaverse and capitalize on […]

More info

Framing Bitcoin For Progressives

Despite being consistently framed as right-wing, Bitcoin is all-inclusive and benefits all ideologies. What Is Bitcoin? At its core, Bitcoin is a digital store of value that enables everyone in the world to coalesce around a singular monetary system. For the first time, anyone in the world can send money to anyone else in the world, instantaneously, regardless of nationality, credit score or even access to a bank. No government owns it or sets its policies. This levels the playing field amid a global geopolitical environment prone […]

More info

Canadian city plans to supply residents’ heat using Bitcoin mining

The recovered energy will be used to heat 100 residential and commercial buildings in North Vancouver, with a population of roughly 155,000. MintGreen, a Canada-based cleantech cryptocurrency miner, will be partnering with the Lonsdale Energy Corporation to supply heat to residents of North Vancouver in British Columbia starting in 2022. In an Oct. 14 announcement, MintGreen said its “digital boilers” — which it claims can recover more than 96% of the electricity used for Bitcoin (BTC) mining — will prevent 20,000 metric tons of greenhouse gases per […]

More info

What else is moving as Bitcoin price inches toward a new ATH?

ALCX and SLP are flashing bottoming signals while BTC is steadily climbing toward $60,000. Bitcoin (BTC) is hot and clearly in the hands of bulls. Yes, eventually an ETF is coming and after that a $100,000, no $120,000, scratch that, $150,000 BTC price will be on the board.  Blah, blah, blah. Anyone logging onto crypto Twitter is going to be bombarded with all this bullish drivel straight from the jump and that great, we’re all happy Bitcoin is doing well. I’ve been a holder since early 2016 […]

More info

Coinbase unveils its Digital Asset Policy Proposal to spark conversation around comprehensive crypto regulation

One of the crypto industry’s major players seeks to boost the public debate on how to best fit digital assets into the regulatory perimeter. On Oct. 14, cryptocurrency exchange platform Coinbase published its Digital Asset Policy Proposal, a document offering both a justification and conceptual framework for comprehensive regulation of digital assets in the United States. Coinbase presented the proposal as a product of dozens of meetings with industry participants, policymakers, crypto innovators and academics that the company’s representatives had held in the last several weeks. The […]

More info

Mexico’s president rules out accepting crypto as legal tender

The Bank of Mexico and the National Banking and Securities Commission issued a statement earlier this year warning financial institutions not to deal with digital assets, but the president has not often spoken directly on the subject. President of Mexico Andrés Manuel López Obrador said the country was unlikely to follow in El Salvador’s footsteps by adopting cryptocurrencies like Bitcoin as legal tender alongside fiat. In an Oct. 14 press conference, Obrador, also known as AMLO, said Mexico “must maintain orthodoxy” in its financial management and would […]

More info
1 2 3 6