Monthly Archives: November 2021

Bitcoin Miners Are Selling Less BTC

Bitcoin miners are the most profitable they have been in more than two years, and they’re holding more of their produced bitcoin. The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. One of the most stable trends over the last few years has been the constant sell pressure on the market from bitcoin miners as they are forced to […]

More info

Friday’s $540M Ethereum options expiry favors traders with targets at $5K

$540 million in ETH options expire on Friday and data shows bulls have a good chance at securing the $5,000 level. Ether (ETH) bulls are probably very pleased with the 368% gains accrued so far in 2021 and it seems like not a day passes where the altcoin doesn’t hit a new all-time high.  Even with Ether on the path to $5,000, there are still plenty of concerns about the network’s capability to absorb the strong demand coming from the decentralized finance (DeFi) and non-fungible token (NFT) […]

More info

Congressmen Emmer & Soto to SEC Chair Gensler: We want BTC Spot ETFs

The bipartisan pair sent a letter to the securities regulator demanding spot ETF approval. Congressmen Todd Emmer and Darren Soto sent a bipartisan letter to Securities & Exchange Commission Chair Gary Gensler on Wednesday, strongly questioning why the agency has denied approval for the creation of a Bitcoin spot ETF while allowing Bitcoin Futures ETFs to begin trading. In a spot ETF, the fund holds the actual commodity (in this case bitcoin) whereas in a futures ETF fund holds contracts to buy and sell the commodity at […]

More info

Why Bitcoin Is The Future Of Our Energy Grid

Bitcoin’s unique energy use incentives, ability to store stranded energy and more make it the future of our energy consumption as a planet. Here goes a full-length, easy-to-read article based on my recent Twitter thread, part one on Bitcoin and the nuclear future of our energy grid. In part one, I breakdown the narratives around energy markets in general and Bitcoin’s energy usage, cover some industry facts and insights and offer some of my personal opinions along the way for a hopefully enjoyable read. But before I […]

More info

KuCoin launches virtual office in the Bloktopia metaverse

According to the exchange, the meta office will allow users to decorate cyberpunks, interact with virtual furnishings, as well as chat and speak to each other in the virtual environment. Crypto exchange KuCoin has announced it will be opening a virtual office inside the skyscraper from the decentralized metaverse Bloktopia. In a Nov. 2 announcement, KuCoin said it would be joining the metaverse by launching an office inside Bloktopia’s platform, designed as a skyscraper. The virtual building has 21 different levels in recognition of the total supply […]

More info

DeFi, CeFi and institutions: AscendEX’s $50M raise highlights ambitions beyond exchange business

Polychain Capital, Hack VC, Jump Capital and Alameda Research are just some of the big names behind AscendEX’s $50 million Series B. Global cryptocurrency and financial platform AscendEX recently concluded a $50 million Series B fundraiser that was backed by some of blockchain’s biggest venture funds, putting the company on track to bridge the gap between centralized finance and the budding world of DeFi. In an exclusive interview with Cointelegraph, AscendEX’s head of business development Shane Molidor and Wes Kaplan, the platform’s director of marketing and operations, […]

More info

Monster-battle NFT game Axie Infinity soars in popularity among developing nations

One way to earn money on the platform is to breed in-game creatures called Axies using crypto, mint them as NFTs, and sell them to other players. It’s no secret that video-game streaming platforms, such as Twitch, have made it possible for players to earn money by broadcasting their gaming experience to an audience of gaming enthusiasts. But now, the tokenomics of blockchain-powered digital games like Axie Infinity have made it possible for users to make money by simply playing the game. At the time of publication, Axie […]

More info

Silk Road 2 Admin Forfeits $667,000 in Bitcoin to British Law Enforcement

According to reports, the founder of the now-defunct Silk Road 2 marketplace has forfeited more than half-million dollars worth of bitcoin to British authorities. White’s Silk Road 2 admin handle was called “Cthulhu,” and he also dubbed himself as “DPR2.” Silk Road 2 Admin Thomas White Forfeits $667K in Bitcoin In April 2019, Bitcoin.com News reported on Thomas White, the lead administrator of the now-defunct Silk Road 2 darknet marketplace (DNM), getting sentenced to five years in prison. The Silk Road 2 (SR2) DNM was the original […]

More info

ADALend Ignites the Defi Space

ADALend is a scalable and decentralized lending protocol governed by a decentralized autonomous organization (DAO). ADALend will offer various features that will provide its users with decentralized financial instruments accessible to everyone with access to the internet, without the complicated KYC requirements of the mainstream banking system. The protocol will improve digital assets’ capital efficiency by enabling assets accumulated to fund multiple loan pools. The protocol will utilize the Cardano blockchain to flesh out DeFi potential as a viable replacement to the traditional financial sector. Green Blockchain […]

More info

Liquid For Bitcoiners: Confidential Transactions

Many Bitcoiners hope to one day be able to send bitcoin on-chain in a private manner: for now, Liquid can help with confidential transactions. Hardcore Bitcoiners are understandably skeptical about Blockstream’s Liquid sidechain. But as the Bitcoin ecosystem grows, we’re going to need more services backed by Bitcoin that the Bitcoin network itself can’t provide. Liquid is a semi-centralized side chain that — crucially — has no unnecessary shitcoin. This blog series will discuss some of the use cases that are now possible through Specter Hardware and […]

More info
1 2 3 6