Monthly Archives: October 2021

What Elon Musk Got Wrong About The Bitcoin Block Size

Musk’s points were already addressed in the block size debate previously, and have been shown to detract from decentralization. At “The B Word” conference earlier in the summer, there was a memorable panel event with Elon Musk, Cathy Wood and Jack Dorsey in which we were able to ascertain a little more (than we had often seen in tweets) about Elon Musk’s Bitcoin views. This article is an attempt to dissect and evaluate what he said around Bitcoin’s block size. Firstly, let’s review what was said (starts […]

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Carl Icahn Sees Market Crisis Brewing, Notes Bitcoin’s Potential

Excessive money supply and rising inflation could lead to an U.S. market meltdown, he said, a perfect setup for Bitcoin. Excessive money supply and rising inflation could negatively affect U.S. markets, billionaire Carl Icahn said. “In the long run we are certainly going to hit the wall,” Icahn said. “I really think there will be a crisis the way we are going, the way we are printing money, the way we are going into inflation.” Bitcoin could be valuable if inflation indeed runs “rampant,” he said. Longtime […]

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Mudrex launches DeFi mutual fund model for retail investors

The crypto firm is expected to offer investment options for DeFi and NFT assets. Cryptocurrency asset management firm Mudrex has announced the launch of its new Coin Sets investment vehicle. The new offering allows investors to diversify their asset portfolio across a range of high-performing decentralized finance, or DeFi, assets, as well as nonfungible tokens, or NFT’s.  The niche financial model fosters the distribution of risk exposure in what is often considered a volatile marketplace, allowing investors to bet on the value proposition of an entire sector, […]

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Here’s why analysts are saying ‘No FOMO’ ahead of Bitcoin’s ETF launch

The upcoming launch of a BTC ETF has bulls proclaiming that a $100,000 Bitcoin price is imminent, but several analysts warn that a sharp short-term pullback could also occur. The day the crypto traders have long-awaited is almost here. At the opening bell on Oct. 19, a ProShares futures-based BTC ETF is scheduled to launch and analysts are predicting that additional ETFs will rollout over the coming week.  Data from Cointelegraph Markets Pro and TradingView shows that an early morning attempt by bears to drop the price […]

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US Treasury says it must ‘modernize and adapt’ to digital currencies

“Digital assets and payments systems could harm the efficacy of our sanctions” if left unchecked, the Treasury said. The United States Department of the Treasury has issued a review on sanctions and suggested the government do more to develop its infrastructure and policies in regards to digital assets. In an Oct. 18 report, the Treasury Department said the growing use of digital assets was hampering the implementation of sanctions while balancing funds from legitimate humanitarian organizations. The department suggested that better communication between itself and the crypto […]

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Top Ten Crypto Market Capitalizations Shifted a Great Deal Since the Last Time BTC Hit $60K

The price of bitcoin recently jumped above the $60,000 per unit mark on October 15, and the leading crypto asset has not seen prices this high since mid-April six months ago. However, as far as the top digital assets are concerned, in terms of market capitalization, things are a whole lot different. For instance, ether tokens are worth a lot more than they were six months ago and binance coin values were higher back then than they are today. Six Months Later as Bitcoin Returns to $60K, […]

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BEUROP Launches DeFi Trading and Marketing Platform for Blockchain Startups

PRESS RELEASE. Blockchain Euro Project BEUROP has announced the launch of its DeFi trading and Marketing platform for cryptocurrency startups and everyday users. Monday 18th, London, England — Following the launch of it’s deflationary BEPR token, Blockchain Euro Project (BEUROP) is preparing to establish its first product: a DeFi crypto trading and marketing platform for developing blockchain industry startups. What is BEUROP? BEUROP is a European blockchain-powered company that focuses on making cryptocurrency startups transparent, efficient, and reliable. The company’s new flagship product is a DeFi trading […]

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Bitcoin Is Financial Sobriety

Two college-age Bitcoiners discuss how young people are changed by the culture of Bitcoin. Watch This Episode On YouTube Listen To This Episode: BitcoinTV Apple Google Libsyn Audible Rumble College, for many, can be an experience that completes the transition from youth to adulthood. Along with the many responsibilities that come with living on your own are the freedoms to enjoy life. It can be a life-direction-changing place, for better or for worse. With these themes in mind, I spoke with Bitcoin Magazine’s very own Eli Dyer […]

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Bloomberg Analyst: A Second Bitcoin Futures ETF Could Start Trading This Week

Bloomberg received a listing action from Valkyrie Funds for their bitcoin futures ETF, its analyst James Seyffart said. Bloomberg received a listing action from Valkyrie Funds for their bitcoin futures ETF. The Valkyrie Bitcoin Strategy ETF could begin trading on Wednesday or Thursday after ProShares’ bitcoin futures ETF starts trading tomorrow. However, there is still one last step before confirmed listing on the NYSE — a post-effective prospectus filing. Bloomberg received a listing action from Valkyrie Funds for their bitcoin futures exchange-traded fund (ETF), its analyst James Seyffart said. […]

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Bulls target $100 Filecoin (FIL) after data points to improving fundamentals

FIL might be more than 70% away from its all-time high, but derivatives data shows traders are steadily building leveraged positions. Some traders have said that Filecoin (FIL) has lost its momentum because its current price at $64 is more than 70% below its all-time high at $238. However, this decentralized data-sharing platform is showing signs of increasing adoption and this could cause the FIL token price to accelerate its current uptrend. The FIL token is used to purchase storage space and retrieve data from the Filecoin […]

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