Monthly Archives: December 2021

Bitcoin has risen 7% to 36% in the first week of January each year since 2018

Some analysts are expecting big things for Bitcoin in the near future when all the institutional selling has completed and capital gets deployed to the market. Some crypto market analysts are highlighting the potential for a green first week on the crypto markets in January as part of what economist and trader Alex Krüger calls the “first week of the year effect.” Krüger pointed out in a Dec. 29 tweet that for the past four years straight, Bitcoin (BTC) has enjoyed positive returns in the first week […]

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DAO treasuries surged 40X in 2021: DeepDAO

DeepDAO ranks the Uniswap DAO, BitDAO and Lido Finance DAO as the top three in terms of treasury value at $2.9 billion, $2.4 billion and $602 million each. The total combined value of treasuries, or assets under management (AUM) for the use of decentralized autonomous organizations, increased by around 40 times between January and September of 2021. According to data from DAO stats platform DeepDAO, the total AUM for DAO treasuries listed on the platform increased from around $380 million in January to a peak of roughly […]

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OpenSea freezes $2.2M of stolen Bored Apes

Art gallery owner Todd Kramer had his valuable NFT collection stolen from his hot wallet yesterday, so OpenSea froze the stolen assets worth about $2.2 million. NFT marketplace OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) after they were reportedly stolen yesterday from a New York art gallery operator. In total, one Clonex, seven Mutant Ape Yacht Club, and eight Bored Ape Yacht Club NFTs currently valued at about 615 ETH ($2.28 million) were stolen and are now not able to be traded […]

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Tesla CEO Elon Musk Praises Dogecoin, Criticizes Bitcoin, Guesses Identity of Satoshi Nakamoto

Tesla and Spacex CEO Elon Musk says dogecoin is “fundamentally better than anything else” he has seen while he criticizes bitcoin. He also discussed the identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, and the official currency of Mars. Elon Musk Discusses Crypto, Dogecoin, Bitcoin, Mars’ Currency, and Who Satoshi Nakamoto Is Elon Musk shared his thoughts on cryptocurrency, dogecoin, bitcoin, and the identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, in an interview with Lex Fridman, published Tuesday. Musk, who has long been a supporter of the meme […]

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The Great Reset Triggers A Bitcoin Network Upgrade

Despite efforts to undermine the freedom and sovereignty of bitcoin, the powers of centralization only further fortify bitcoin’s value. The COVID-19 crisis that has devastated the economy brought radical change to our social and political landscape. From Austria’s lockdown against the entire citizenry and forced injection, to mandatory quarantine camps in Australia, in an effort to manage the pandemic, the governments of many countries have become authoritarian. In the past 19 months, as the world has been brought to a standstill through border and travel restrictions, the […]

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Bitcoiners Don’t Root For Inflation But In 2022, We’re Planning For It

The trend of fiat currency inflation in 2021 will worsen in 2022, and those holding bitcoin have planned for it. “Paper money eventually returns to its intrinsic value: zero.” –Voltaire Inflation was one of the most widely-debated topics in the mainstream media throughout 2021. We’ve been fed lies throughout the year, with some outlets suggesting that inflation doesn’t exist, inflation is low, inflation is transitory or inflation is good. Anyone paying attention knows none of these things are true. Inflation is absolutely here, it’s not going anywhere […]

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Microstrategy Buys More Bitcoin, Now Holding 124,391 BTC

Nasdaq-listed Microstrategy has bought more bitcoin for its corporate treasury. The latest purchase for 1,914 coins has raised the company’s total cryptocurrency holdings to 124,391 bitcoins. CEO Michael Saylor recently said that he expects the price of the cryptocurrency to eventually reach $6 million. Microstrategy Has Purchased More Bitcoin The pro-bitcoin Nasdaq-listed company Microstrategy has purchased 1,914 more BTC. With the latest purchase, the company now holds 124,391 bitcoins. Microstrategy CEO Michael Saylor announced Thursday via Twitter: Microstrategy has purchased an additional 1,914 bitcoins for ~$94.2 million […]

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