Month: September 2021

The blockchain ecosystem has evolved significantly over the past decade as smart contract capabilities have moved the industry from being a simple medium of exchange to a bustling ecosystem full of decentralized finance (DeFi) and nonfungible tokens (NFT). One project that has benefited from the increased capabilities of blockchain technology and the recent launch of
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On September 10, 2021, Ukraine legalized bitcoin within the country, providing clarity on the asset which was not clear before. Shortly after the bill was signed into law, Bitcoin Magazine announced our global expansion into the country, opening a bureau in Kyiv, Ukraine. Ukraine is poised to become a Bitcoin powerhouse with the level of
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While celebrities and athletes have been jumping into the non-fungible token (NFT) scene headfirst, a large quantity of music acts have also entered the NFT industry. On Tuesday, a lineup of world-famous DJs are being represented in a newly launched NFT collection called Djenerates. The NFT collection is supported by prominent DJs like Carl Cox,
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Bitcoin (BTC) analysts are eyeing short-term volatility as whales begin unprecedented behavior. Fresh data shows that whales have not only been highly active on the market — they’ve been moving record amounts of BTC. Whale activity beats Bitcoin all-time highs Despite BTC price action staying in a narrow, uninspiring range of around $40,000, large-volume Bitcoin investors
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Latin American stablecoin issuer Anclap is expanding its Stellar-based stablecoin network by launching a new stablecoin in Peru, Cointelegraph en Español reports. Pegged to Peru’s official fiat currency, the Peruvian sol (PEN), the new stablecoin is designed to enable instant transactions across Anclap’s network, including conversions to other fiat currencies as well as “any other digital asset,”
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The relationship between crypto and mainstream media (MSM) is complex, and it’s probably fair to say that some in the crypto community haven’t been overjoyed with the treatment they’ve received over the years.  MSM has largely ignored Bitcoin (BTC) and other cryptocurrencies outside of occasional reports of hacks, ransomware attacks and other illicit activities. “They’ve
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The U.S. Securities and Exchange Commission has filed a complaint against two Robinhood users over an alleged wash-trading-based arbitrage scheme that utilized meme stocks. According to a Sept. 27 complaint, defendants Suyun Gu and Yong Lee took advantage of differing trading fee schedules offered by different retail brokers and exchanges to extract arbitrage while wash-trading.
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Academia is no fan of Bitcoin. The vast majority of professors are hugely biased against it. For example, Professor of Economics Nouriel Roubini of New York University doesn’t even try to hide his intense hatred for Bitcoin. Roubini told Bloomberg that “the Flintstones had a better monetary system than bitcoin” and has repeatedly called it
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Anthony Scaramucci, CEO of Skybridge Capital, a multi-asset class investment firm, says he thinks the institutional investment boom in cryptocurrencies has been greatly exaggerated. In an interview given to Bloomberg last week, Scaramucci stated that most institutions are still not interested in cryptocurrency as an investment and that only 10% are actively investing in crypto.
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Sep 25, 2021 12:16&nbspUTC | Updated: Sep 25, 2021 at 12:16&nbspUTC By&nbspClark The People’s Bank of China (PBOC), the country’s central bank, revealed in a Q&A to its web site that aforementioned Chinese residents collaborating in virtual currency exchange offshore is “considered illegal financial activity.” The PBOC additionally reiterated comments it had created within the
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sponsored Malta, 27 Sep 2021 – Master Ventures have announced that they have added Polker into their highly regarded investment portfolio. The decision from Master Ventures to invest in the Polker comes as the platform prepares to launch its beta play-to-earn game to the public after a hugely successful September. Master Ventures’ portfolio includes the
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Sep 25, 2021 12:23&nbspUTC | Updated: Sep 25, 2021 at 12:23&nbspUTC By&nbspClark Morgan Stanley Investment Management’s Dennis Lynch, says that bitcoin’s resilience is like Kenny from the famous TV series South Park. In almost each episode, Kenny  died however invariably came back, a bit like however bitcoin bounces back on every occasion once a bear
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Bitcoin (BTC) was busy losing its overnight gains on Sept. 27 as resistance continued to prove too much for bulls.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst on Bitcoin: “Right now, we’re stuck” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to around $1,000 below overnight highs of $44,400 on Bitstamp Monday.  The
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Tune in to watch Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman. Here’s what to expect in this week’s markets news breakdown:  After failing to reach $50,000, Bitcoin (BTC) slid back down to $40,000 on Monday before recovering to $44,000. What, or who, was behind this pullback? Dogecoin
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Bitcoin has emerged as a new investment front. Although bitcoin adoption is a work in progress, it has numerous uses. Some investors hold bitcoin for profits, while others use cryptocurrencies for online transactions. A new survey by Bakkt now provides us with a birds-eye view of the state of bitcoin adoption in the United States.
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Salvadoran President Nayib Bukele claims that 2.1 million of his fellow citizens are using the government-backed Chivo cryptocurrency wallet, offering a glimpse into the apparent success of the country’s Bitcoin (BTC) gambit.  The controversial president updated his 2.9 million Twitter followers Saturday afternoon, claiming that Chivo “now has more users than any bank in El
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What if you could substitute a renewable battery-powered motor for the internal combustion engine just twelve years after its invention? At minimum, we would not be faced with the challenge of limiting greenhouse gas emissions. For all of the benefits the internal combustion engine has brought humanity, its environmental consequences are not among them. An
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