Monthly Archives: May 2022

A Few Ways We Can Upgrade Lightning Network Payment Routing

In order to develop into a protocol usable by the entire world, certain scaling improvements for Lightning need to be considered. The Lightning Network is a well-developed, fast-growing, Layer 2 transaction solution on the Bitcoin network. More and more services and exchanges are integrating it, the liquidity available for routing payments is growing, and more applications and ways for users to interact with it are being developed each year. It also has many problems to overcome in the long run:  The scalability limits how many channels can […]

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Report: Cryptocurrency Can Potentially Complement Mobile Money Argues Kenyan Banker

The CEO of one of Kenya’s biggest lenders has argued there is a possibility cryptocurrencies will complement mobile money in Africa but first, there is a need to convince regulators of their benefits. African Regulators’ Stance on Crypto Cryptocurrencies can potentially complement mobile money in Africa if regulators on the continent are made to change their perceptions of the digital currencies, the boss of one of Kenya’s biggest lenders has said. According to James Mwangi, CEO of Equity Group Holdings Plc, central banks first need to be […]

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Bitcoin, Personality And Development Part Two — Bitcoin Versus Nihilism

Bitcoin battles nihilism and fiat psychology by allowing you to take control of your attention, and directing it toward the betterment of your person. This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,”founder of The Bitcoin Times and Host of The Wake Up Podcast. The series continues. If you’ve not yet read chapters one through three, you can find them here, and of course you can find Part One of this chapter here: Bitcoin, Personality And Development — Bitcoin Is Self-Love Part One […]

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State Of The Bitcoin Derivative Market

The bitcoin derivatives landscape plays a major role in the bitcoin price in the short term. We have yet to see signs of a bitcoin macro bottom. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, 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. While it is clear today that the dominant driver in the bitcoin market is its correlation to equity markets, we believe […]

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20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow

Recession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows. Whoever coined the phrase “sell in May and go away” had brilliant insight and the performance of crypto and stock markets over the past three weeks has shown that the expression still rings true. May 20 has seen a pan selloff across all asset classes, leaving traders with few options to escape the carnage as inflation concerns and rising […]

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OpenSea launches ‘Seaport’ ​​marketplace protocol allowing NFT bartering

“OpenSea does not control or operate the Seaport protocol — we will be just one, among many, building on top of this shared protocol,” said the platform. Nonfungible token marketplace OpenSea has announced the launch of a Web3 marketplace protocol for “safely and efficiently buying and selling NFTs.” In a Friday blog post, OpenSea said the marketplace protocol, dubbed Seaport, will give users the option to obtain NFTs by offering assets other than just payment tokens like Ether (ETH). According to the platform, a user “can agree […]

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Florida Rep. Donalds introduces Financial Freedom Act companion bill in the House

The Republican congressman is supporting Sen. Tommy Tuberville’s Senate bill and financial services companies that want to include crypto in their 401(k) product offerings. Rep. Byron Donalds, a Florida Republican, introduced the Financial Freedom Act into the United States House of Representatives on Friday to prevent the U.S. Department of Labor from limiting the types of investments that can be included in Americans’ self-directed 401(k) retirement plans. The bill is the companion to Alabama Sen. Tommy Tuberville’s May 5 Senate bill. The Financial Freedom Act was introduced […]

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FCA will ‘absolutely’ consider recent stablecoin depegging when drafting crypto rules: Report

The United Kingdom’s Economic and Finance Ministry announced in April that it would work to incorporate stablecoins into a regulatory framework on digital assets. Sarah Pritchard, the executive director of markets at the United Kingdom’s Financial Conduct Authority, or FCA, reportedly said the regulator will look at the recent volatility in the crypto markets when creating rules for the space in 2022. According to a Friday Bloomberg report, Pritchard said the financial regulator will “absolutely” take into account stablecoins like TerraUSD (UST) and Tether (USDT) depegging from […]

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3 red flags that signal a crypto project may be misleading investors

The challenges faced by Terra, Wonderland and a handful of other DeFi projects exposed the need for investors to do more research and avoid cult personalities. Satoshi Nakamoto left a large pair of shoes to fill after releasing the code for Bitcoin (BTC) to the world, helping to establish the network, then vanishing without so much as a trace.  Over the years, the crypto ecosystem has seen many developers and protocol creators rise in stature to become crypto messiahs for faithful holders who eventually have their best-laid […]

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How El Salvador Introduced 44 Countries To Bitcoin This Week

El Salvador hosted a financial inclusion event this week bringing representatives from 44 countries to experience using BTC at Bitcoin Beach. El Salvador hosted central bankers and financial authorities from 44 countries for a financial inclusion event this week. All participating members were able to download their own Bitcoin wallets and make purchases with BTC. In July 1944, 44 countries met to determine the Bretton Woods financial system. Once again, 44 countries came together to learn a new system. On May 15, El Salvador President Nayib Bukele […]

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