Monthly Archives: January 2022

How The Geopolitics Of 2021 Will Shape The Year Ahead For Bitcoin

Developments around the global regulation, hash rate and adoption of Bitcoin made for a unique year in 2021. So how will 2022 play out? This past year was certainly a unique one for bitcoin. We saw the first bitcoin exchange-traded fund (ETF) get approved in the United States, the largest-ever Bitcoin conference in Miami, the much anticipated Taproot upgrade, all-time highs nearing $70,000, oh, and a nation state made bitcoin legal tender. Despite all this exciting news, some things never change — the FUD was as prevalent […]

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Nasdaq-Listed BTCS To Pay Dividend In Bitcoin

Investors will be able to choose between bitcoin and cash for the dividend payout. Blockchain firm BTCS will pay dividends in bitcoin to its investors. The Nasdaq-listed company has become the first to offer such a dividend option in U.S. markets. BTCS is still evaluating if future dividends will also be paid out in BTC. BTCS Inc., a Nasdaq-listed blockchain technology company, will make its next dividend payment in bitcoin in a first for U.S. markets, according to a Wednesday filing with the Securities and Exchange Commission […]

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Dacxi Announces Global Tokenized Crowdfunding Solution – the Dacxi Chain

PRESS RELEASE. Dacxi has announced the Dacxi Chain – the world’s first tokenized crowdfunding system that demonstrates the revolutionary commercial potential of blockchain. Tokenization of digital assets will change how the world does business – in particular how new ventures are funded. Introducing the world’s first tokenized crowdfunding system – the unique trillion use-case of the Dacxi Chain – the latest crypto-based wealth building innovation from Dacxi Coin. A share of a $24 trillion market IBM estimates that the digital assets market will be worth $24 trillion […]

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The Great Reset And The Rise Of Bitcoin

A documentary that explores the current state of our economy and the impact a new monetary system like Bitcoin can have on the world. While our economy is known for working in cycles of growth and decline, we know that this is a phenomenon that started only in the last century. Before that point, our economy didn’t work with a system that relied entirely on debt. It is this new reliance on debt leading to growth that started these cycles. As Dylan LeClair says in his article, […]

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MoneyGram Invests In Bitcoin Kiosk Operator Coinme

The remittances giant acquired a 4% stake in Coinme to support the bitcoin exchange’s growth plans. MoneyGram has acquired a 4% stake in Coinme. The money transferring company said the investment will support the bitcoin-to-cash exchange’s growth plans. Coinme currently operates in 48 U.S. states and aims to expand internationally. Remittances giant MoneyGram has acquired a minority stake (4%) in bitcoin-to-cash exchange Coinme, according to a Wednesday press release. The investment closes Coinme’s series A financing round with the aim to propel its international expansion plans and help MoneyGram […]

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Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates

Bitcoin price slipped below $44,000 shortly after notes from the Federal Reserve’s December FOMC session re-confirmed plans to get the balance sheet under control. Bitcoin (BTC) and the wider cryptocurrency market fell under as equities markets pulled back at the closing bell after minutes from the Federal Reserve’s December FOMC meeting showed that the regulator is committed to decreasing its balance sheet and increasing interest rates in 2022. As stock markets corrected, BTC price followed suit by dropping below $44,000, setting off a cascade of liquidations that […]

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Moneygram buys 4% stake in crypto ATM operator Coinme

The investment follows a May 2021 partnership between the two firms aimed at expanding access to crypto-fiat exchanges. Money transmission network MoneyGram now has a minority investment in crypto ATM operator Coinme following a Series A funding round. In a Wednesday announcement, MoneyGram said it had purchased a roughly 4% ownership stake in Coinme — likely more than $764,000, given its valuation of $19.1 million in June — as part of a strategic investment in the crypto company. The investment follows a May 2021 partnership between the […]

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Bitcoin Dips Below $44K, Crypto Economy Drops 4.5%, Traders Rush to Stablecoins

The price of bitcoin dropped below the $44K zone on Wednesday to $43,678 per unit as the entire crypto-economy has shed billions in value. At the time of writing, the overall crypto economy is down 4.5% as it dipped to $2.25 trillion in value. Bitcoin and Crypto Economy Sheds Billions, Crypto Fear & Greed Index Indicates ‘Extreme Fear’ Is in the Air Bitcoin (BTC) slid in value today, roughly 5.4%% during the last 24 hours. Just after 3:00 p.m. (EST) prices dipped from $46K to $43,678 per […]

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Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%

No timeline exists as to when the internet will switch back on in the second-biggest Bitcoin mining country in the world. On Wednesday, Kazakhstan, the second-largest country in the world when it comes to Bitcoin (BTC) mining hash rate, experienced unprecedented political unrest due to a sharp rise in fuel prices. As a result, the country’s presiding cabinet resigned, but not before the state-owned Kazakhtelecom shut down the nation’s internet, causing network activity to plunge to 2% of daily heights. The move dealt a severe blow to […]

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Year of sponsorships: Celebrities who embraced crypto in 2021

From Matt Damon appearing in a TV spot for Crypto.com to Kim Kardashian shilling EthereumMax, 2021 saw celebrities with higher profiles getting into crypto. Though the crypto space has seemingly moved beyond the endorsements many minor celebrities bestowed on token projects during the 2018 initial coin offering boom, its growing popularity and acceptance now has professional sports players, Hollywood elites and politicians backing major companies dealing with digital assets. In June 2021, Kim Kardashian promoted EthereumMax (EMAX) via an Instagram story shared with her more than 200 million […]

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