Israel wants to be at the “forefront” of central bank digital currency technology, according to the Bank of Israel governor.BusinessRead More [Read More...]
Twitter’s ‘Part-Time’ Boss Steps Down But New CEO Pick Appears To Underwhelm Investors
Published by ValueWalk “Such has been the consternation surrounding Jack Dorsey’s ‘part-time’ role as CEO Twitter Inc (NYSE:TWTR), that it’s little surprise investors initially reacted positively to speculation that he was leaving the platform. But the initial euphoria fizzled out, as the new pick for the driving seat, Parag Agrawal, the current chief technology officer, […] [Read More...]
Investors warned that crypto ‘yield’ products are not bonds
Loans offered via decentralised finance networks have been compared to fixed income securities [Read More...]
Mentor Monday, November 29, 2021: Ask all your bitcoin questions!
Ask (and answer!) away! Here are the general rules: If you'd like to learn something, ask. If you'd like to share knowledge, answer. Any question about Bitcoin is fair game. And don't forget to check out /r/BitcoinBeginners You can sort by new to see the latest questions that may not be answered yet. submitted by /u/rBitcoinMod [link] [comments] [Read More...]
Wyoming Aiming For 5% Of The U.S. Bitcoin Mining Hashrate By Next Halvening
Wyoming is a potential hotspot for bitcoin mining, with the state’s abundance of natural resources and energy.Wyoming is on a mission to house 5% of the U.S. Bitcoin mining hashrate by the next halvening in May 2024. This goes hand-in-hand with Wyoming’s strengths and aligns well with economic development and job creation goals. For context, Wyoming has the lowest population density in the lower 48 U.S. states at six people per square mile (neighboring Colorado houses 56 people per square mile). Wyoming also has a difficult time retaining recent graduates because their ambitions for careers and salaries often don’t match what the rural Wyoming job market is currently offering, compared to major cities like Seattle and Denver. A major goal of the University of Wyoming’s … [Read More...]
? No Credit Check Loans from Coinbase | This Week in Crypto – Nov 8, 2021
The post ? No Credit Check Loans from Coinbase | This Week in Crypto – Nov 8, 2021 appeared first on 99 Bitcoins. ? Ethereum hits a new all time high, Coinbase permits loans of up to $1 … ? No Credit Check Loans from Coinbase | This Week in Crypto – Nov 8, 2021 Read More » [Read More...]
Crypto Exchange Kraken to List Shiba Inu, Fulfilling Nov. 1 Twitter Promise as SHIB’s Fortunes Fall
Cryptocurrency exchange Kraken will support the popular, Ethereum-based memecoin Shiba Inu (SHIB), which is expected to begin trading tomorrow, the company said in a blog post on its website Monday.The announcement comes less than a month after Kraken failed to fulfill a promise in listing SHIB after its crypto platform product lead Brian Hoffman issued a Twitter “likes” challenge. Following an uproar among SHIB supporters, the company said that there was “more work” to do as it moved through its token listing review process.Kraken said Monday that the minimum, required deposit is 373,000 SHIB, and that the coin will be tradeable against the USD and EUR, with a trading minimum of 50,000 SHIB.SHIB margin and futures trading will not be available for investors, the exchange … [Read More...]
Micro-Crypto – Omicron – is Up More Than 500% After WHO Gives New COVID Variant the Same Name
On Friday, the World Health Organization (WHO) identified and named a new COVID-19 variant – Omicron – that was first detected in South Africa. Over the past 72 hours, additional cases of Omicron infection have been found in Australia, Denmark, Netherlands, and Israel. Physicians and health experts are not certain if the Omicron variant is more transmissible or causes more severe symptoms than existing strains. What is certain is the discovery and announcement of this new iteration, prompted sell-offs in stocks and cryptocurrencies. However, the price of one small cryptocurrency – ironically named Omicron (OMIC) – has rocketed more than 500% since the WHO named the COVID-19 strain. As of Friday, Omicron was trading at about $60 per token, but it reached an all-time high of… [Read More...]
$32bn Grayscale Bitcoin Trust feels the heat from cheaper ETFs
GBTC trades at a 15% discount to the value of its underlying assets [Read More...]
New Innovative NFT Use Cases that Might Change the World
The transaction volume of the entire NFT market crossed US$16 billion in November 2021. In 2020, it was only US$355 million, which shows how impressive of a run NFTs have made to create a new asset class in the crypto industry. At the beginning of 2021, the market was mainly dominated by sports highlights and trading cards. But in the second half of the year, we saw NFTs take new forms, which created multiple market segments such as virtual real estate, gaming avatars, and fashion. Seeing the growth and evolution of NFTs, investors started to see long-term value in NFT and metaverse-based projects. As a result, many NFT gaming companies that aim to create virtual worlds raised tens of millions of dollars. An example is True Global Ventures … [Read More...]
Daily Discussion, November 29, 2021
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments] [Read More...]
Bitcoin And How To Separate The Wheat From The Chaff
Bitcoin comes amidst a time of great noise and distraction; how does one identify and extract true signal?Since I started investing, a concept I learned in my scientific background has helped me realize that there is a great mix of noise and signal in the information available to the average investor. In all news portals, there is always a great mix between information that is relevant and information that is useless.The Bitcoin ecosystem is no different. It is possible to find both excellent quality information for free, as well as videos on YouTube with traders making weird mouths and amplifying any FUD or FOMO triggered by the media. Information for long-term fundamentalists (we the HODLers) and for day traders is always presented to beginners … [Read More...]
? World’s First Bitcoin City | This Week in Crypto – Nov 29, 2021
The post ? World’s First Bitcoin City | This Week in Crypto – Nov 29, 2021 appeared first on 99 Bitcoins. ? El Salvador is building a Bitcoin City, Coinbase acquires a self-custody wallet and now … ? World’s First Bitcoin City | This Week in Crypto – Nov 29, 2021 Read More » [Read More...]
Indian Crypto Unicorn CoinDCX Plans to IPO Once Regulations Permit: Report
CoinDCX, India’s first crypto unicorn, plans to go for a listing, once regulations permit it do so, co-founder Neeraj Khandelwal said in an interview with Bloomberg Television on Monday.India’s crypto industry is facing serious regulatory uncertainty, thanks to a proposed bill that plans to ban most forms of private cryptocurrencies.The proposed bill dampened expectations that the government’s legislative proposal would support a more friendly stance towards crypto, in light of growing adoption in the country.However, CoinDCX remains hopeful about its initial public offering (IPO) plans and thinks such a move would grant legitimacy to the industry. “As soon as the government or the situations allow us, we will try for an IPO,” Khandelwal said.The exchange wants to instill confidence in the … [Read More...]
Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution
The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints about ether gas costs this year, Ethereum founder Vitalik Buterin has recommended an Ethereum Improvement Proposal (EIP) that aims to decrease transaction costs by five times. Ethereum developer Tim Beiko discussed the idea as well, and talked about possible “challenges” both long and short term. Moving Ether, Transferring an ERC20, and Swapping Tokens on Ethereum Is Costly — Tim Beiko Shares EIP-4488 Insights Following the London upgrade during the first week of August, it was assumed that EIP-1559 would relieve at least some of the pressure. However, the average… [Read More...]
Richest Indian Sports League IPL Bars Teams From Crypto Partnerships, Here’s Why
Indian Premier League (IPL), the richest cricket league in the world has barred IPL franchises from associating with crypto companies. The Board of Control for Cricket in India (BCCI) has issued a directive to all IPL teams barring them from signing any sponsorship deals with crypto exchanges. According to a report in ET, two IPL […] [Read More...]
Hackers Are Now Using Compromised Cloud Accounts To Mine Crypto
Attackers are exploiting poorly configured cloud accounts to mine crypto, Google warned users in a recent report. Cryptocurrency mining is a computationally intensive activity. And Google Cloud customers can access it at a cost. However, miners are now hacking Google Cloud accounts for mining purposes. In the report titled “Threat Horizons,” Google’s cybersecurity team assessed various threats to Cloud users, providing details of the breaches. Related Reading | Data Shows Crypto Hacks And Fraud In 2021 Are On Track For A New Record The report also provided cybersecurity threat intelligence to cloud users. The aim is to enable them “better configure their environments and defenses in manners most specific to their needs.” Crypto Miners Hacking Google Accounts In the report, the cybersecurity team … [Read More...]
Daily Discussion, November 28, 2021
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments] [Read More...]
Bitcoin Retirement And Generational Wealth Planning
Everyone should consider their plans for retirement, and bitcoin can help you achieve this major life goal.Before I found bitcoin, I was investing heavily into real estate to achieve early retirement and build generational wealth. When I found bitcoin and understood its value and future implications on the world, I knew that bitcoin would be the best asset I could ever buy to maximize the amount of time I could have with my family. From a generational wealth standpoint, I realized that I would be able to set my family up with a perpetual wealth-preserving machine, bitcoin. You have the same opportunity to do this for your family with as little as 0.001 ($68) or 0.01 ($680) of a bitcoin. As of this writing, bitcoin … [Read More...]
Big Gaming Signals NFTS Are Closer to Mainstream
This episode is sponsored by Nexo.io.With NFTs continuing their rapid advance into mainstream cultural awareness, how much is FOMO (fear of missing out) and how much is real? This time Andreas M. Antonopoulos, Stephanie Murphy, Jonathan Mohan and Adam B. Levine discuss the evolving battle lines in the nascent world of triple-A gaming NFTs and whether these early announcements are a signal or just noise.Electronic ArtsUbisoftEpic GamesSteamXboxLater, the hosts explore the still-to-come moment when the behemoths of game publishing select which blockchain or blockchains will be their native NFT layer. Are we in for a repeat of the corporate adoption story? Or will big-budget games become a new differentiating factor, elevating their chosen partners to de-facto “incumbent” status?Photo … [Read More...]
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