Monthly Archives: December 2021

Why Are Nation-State Agencies Ignoring Bitcoin As It Challenges Dollar Hegemony?

As bitcoin gains traction in becoming the world reserve currency, why are globalists ignoring it? Whatever the reason, Bitcoiners must stay vigilant. On the surface, Bitcoin seems poised to take over as the world reserve currency based on the game theory of people converging on the adoption of a single hard and sound currency. The original cryptocurrency has officially entered into its teenage years following the publication of the white paper on October 31, 2008. Plebs have been stacking bitcoin since the genesis block was mined on […]

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Bitcoin Beach Wallet Creator Raises $3M

Galoy aims to help communities and institutions use bitcoin as money. The creator of the Bitcoin Beach wallet in El Salvador has raised $3 million in a new seed round, the company said in a statement Wednesday. Galoy, a developer of Bitcoin banking software, worked closely with the Bitcoin Beach community to help them to use BTC as money for daily transactions, empowered by the Lightning Network. “The suite of Galoy solutions enables any community, company or government to offer banking services using Bitcoin and Lightning,” per […]

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The Giving Block launches crypto donation service for high-net worth individuals

Giving Block co-founder Pat Duffy said the service streamlines the platform’s existing donation process, allowing “high-value donors to quickly and securely give large gifts to their favorite charities while reducing their tax bill.” The Giving Block, an online platform which allows nonprofit organizations and charities to accept digital asset donations, has launched a service tailored to donors wishing to send large amounts of crypto. In a Wednesday announcement, the Giving Block said it partnered with crypto tax startup Taxbit, New York-based accounting firm Friedman LLP, and Ren […]

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Cointelegraph Editor-in-Chief Kristina Cornèr talks digital currencies with Mastercard at Global Impact Week

Mastercard is taking a slow but steady approach to bridging the realm of fiat and cryptocurrencies. Global Impact Week, an industry event which features fintech, policy, climate, healthcare, and media innovations, kicked off in Valencia, Spain, and is ongoing from Dec. 14 to 18. Recent figures put attendance at 100,000, with 500 speakers and 150 live sessions. Cointelegraph’s Editor-in-Chief Kristina Cornèr has been in virtual attendance at the event, moderating the panel titled Fireside Chat: Fintech Defining the Future with Mastercard’s executive VP of market development Liza […]

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Otis Launches NFT Auction Platform That Transforms Real-World Items Into Digital Collectibles

As both fractional and traditional non-fungible tokens (NFTs) have seen exponential growth this year, the firm Otis has announced the launch of a marketplace called Otis House. The platform is a new NFT project that turns physical items into NFTs, and the tokens can be traded at any time for the physical items stored in a vault. The platform has launched the auction of six assets that include a vintage Super Mario Bros 3 video game and a rare Bob Ross painting. Otis House Aims to Bridge […]

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Physical NFTs? A Glimpse at Spellfire’s Gameplay and New Cards

Whether you are an experienced card game player, a fan of collectibles, or just getting into NFTs, Spellfire Re-Master the Magic is a game to keep your eyes firmly trained on. The creation of a group of crypto developers, Spellfire is a blockchain-based collectible card game (CCG) that finally gives ownership back to its players, in the form of NFT-based cards. However, they also know that the nostalgic feeling many fans get from physical cards is an essential part of the experience, so the game has been […]

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Bitcoin Price Jumps Towards $50K As Fed Chair Speaks

Bitcoin quickly turned green as the Fed announced a quicker withdrawal of its asset purchasing programs and likely interest rate hikes in 2022. The Federal Reserve said in a statement Wednesday that it will speed up the decrease of its monthly asset purchases starting in January, as inflation keeps rising above its long-run target of 2%. The central bank decided to double the pace of reductions in asset purchases and will now cut it by $30 billion per month, compared to a previous rate of $15 billion. […]

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Taking A Deep Dive On Bitcoin Cycles

Discussing bitcoin’s price cycles and how macroeconomic developments are shaping the market. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of Bitcoin Magazine’s “Fed Watch” podcast, Christian Keroles and I sat down with Dylan LeClair to go over on-chain data from his popular Deep Dive newsletter. We also tied it into some macro topics involving bitcoin and central banking. Once again, this was recorded live on the Bitcoin Magazine YouTube channel. If you’d like to watch live, subscribe […]

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BTC Whale With Links To Well-Known Exchange May Have Triggered Bitcoin Price Drop

The recent drop in bitcoin’s price may come from reactions to the movement of large amounts of bitcoin. Cryptocurrency whale activity is usually associated with big price movements, particularly when whale transfers are taking place between an external wallet and an exchange. There are many whale alert tools which market participants monitor to gain insights into what’s happening in the market. A whale that transfers large amounts of BTC to an exchange usually does so to sell their holdings. Whenever a whale withdraws bitcoin from an exchange, […]

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Analysts expect Bitcoin trend change after Fed lays out its 2022 roadmap

Traders look for a market-wide recovery now that the Fed confirmed at least 3 rate hikes and a wind down of its bond purchasing policy in 2022. The year-long calls for a $100,000 Bitcoin (BTC) price have fallen to the wayside since the asset struck a new all-time high at $69,000, but traders are not completely dismayed. At the moment, most analysts view the current price range as an optimal accumulation zone. For the past week, markets had been a bit rocky as investors across the globe […]

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