Monthly Archives: December 2021

Venture Capital And Its Relationship With Bitcoin

Although VC funds have been rushing to support various crypto startups, much of that money has not gone to Bitcoin-focused companies. With the printing press in overdrive, there is an ever-increasing amount of fiat looking for a home. In order to avoid being debased and lose purchasing power, capital allocators are charged with finding investments that can outperform the rate of monetary inflation. Thus, more and more capital is being allocated further out on the risk curve. Enter venture capital. Venture capitalists provide financing to startups and […]

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Price analysis 12/20: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE

Bitcoin and most major altcoins are trading below the 200-day SMA, suggesting that bears are in full control. Bitcoin (BTC) continues to lose ground in December, a signal that traders may be locking in their gains before the end of the year. The lack of a Santa rally in the U.S. equity markets indicates that the risk-off sentiment prevails due to the uncertainty regarding the spread of the COVID-19 Omicron variant in several parts of the world. Even after the sharp drop in Bitcoin’s price, the demand […]

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From the Altai Mountains to the Gobi Desert: Tokenizing the history of nomadic horse riders through Mongol NFTs

The firm behind the namesake platform wants to bring Mongolian artists to the world stage and promote an authentic cultural experience to tourists through the Metaverse. Mongolia is a land of endless steppes, hosting mystic Tibetan Buddhist monasteries and fierce horse warriors blessed by the eternal Tengri, the sky god in folk shamanism. For centuries, the harsh, cold climate of the plains forced its people to venture to the world beyond in a series of journeys and conquests. And now, blockchain enthusiasts can hear their stories in […]

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Crypto exchange FTX US partners with four Washington, DC sports teams

FTX US’ NFT platform will have exclusive rights to future token drops by the four teams and the exchange will be a partner for an in-game highlight series, “Big Block-Chain.” The company behind four major Washington, D.C.-based professional sports teams has announced FTX US will be its official crypto exchange and nonfungible token partner. In a Monday announcement, Monumental Sports and Entertainment, or MSE, said FTX US would be the official crypto partner of the Washington Capitals hockey team, the Washington Wizards men’s basketball team, the Washington […]

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2021’s NFT Boom Pushes Collectors Toward Rare and Older Collections

In 2021, non-fungible tokens (NFTs) have been extremely popular and have become a billion-dollar industry this year. There’s been a number of NFT marketplaces and collections that have seen a massive number of sales and individual digital collectibles have sold for millions. The NFT hype has also caused significant demand for some of the earliest known NFT collections like Spells of Genesis cards, Curio cards, Bitcorn, Rare Pepe trading cards, and Fake Rares. Older Non-Fungible Token Collections See Fresh Demand Old non-fungible token (NFT) collections are seeing […]

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Adidas Originals reaches second spot on OpenSea rankings with debut NFT collection

In a collaborative NFT project, Adidas Originals, gmoney, Bored Ape Yacht Club and PUNKS Comic make $43 million in 72 hours. In its debut weekend, the first NFT from Adidas Originals’ “Into the Metaverse” project has generated 11,391 Ether (ETH), worth over $43 million, on OpeanSea. Ranked by trading volume, this collection has earned the second spot on OpeanSea after RTFKT’s Clone X and Takashi Murakami collection.  In collaboration with Bored Ape Yacht Club, PUNKS Comic, and gmoney, Adidas Originals co-created one digital asset and put up 30,000 […]

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Indian parliament’s agenda for winter session no longer includes crypto bill

The Cryptocurrency and Regulation of Official Digital Currency Bill doesn’t appear among the bills that India’s lower house will consider as it concludes the winter session. The Indian government may still be considering a bill that could ban certain cryptocurrencies in the country, but lawmakers are unlikely to vote on any legislation in the current parliamentary session. According to a Friday publication, India’s lower house of parliament, Lok Sabha, will likely not be looking at a bill proposing the prohibition of “all private cryptocurrencies” before its winter […]

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From eNaira to eHryvnia, a Caribbean fintech develops CBDC around the world

“We’re also excited that when working with central banks, we can do it in a way that is through regulation and compliance,” says Bitt CEO Brian Popelka. Barbados, a paradise island in the West Indies, is known for its azure beaches, tidal waves, shipwrecks, homegrown grown Barbadian (Bajan) hospitality, and more recently, an influx of remote workers. Now, one can add cryptocurrency innovations to that list as well. Bitt, a Bajan fintech firm developing blockchain technology, has successfully created the eNaira central bank digital currency, or CBDC, […]

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China Is Mining Bitcoin Underground: Report

About 20% of the world’s bitcoin miners are estimated to still operate from Chinese soil. According to a report by CNBC, bitcoin miners have found ways to keep operating in China despite the country’s comprehensive efforts to crack down on the industry. China used to be the country with the most significant share of hashrate. But that began to change in May when Chinese authorities began cracking down on Bitcoin and bitcoin mining. The increased regulatory scrutiny led to tangible impacts on BTC miners and exchanges, which […]

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Discussing Personal Finance And Bitcoin

Discussing the responsibility that Bitcoiners have to help their loved ones solve their personal financial problems. Listen To This Episode: Spotify Google Libsyn Overcast Personal finance is one of the biggest struggles for the average person today. But many Bitcoiners claim that Bitcoin has been a pivotal part of their own personal finance journey, offering an avenue for so many people around the world to use to overcome that common struggle.  Brian Harrington is one such advocate for Bitcoin as a personal financial tool. He thinks that […]

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