Amazing Crypto

Bank of America’s strategist says that the metaverse is a massive opportunity where cryptocurrencies will be widely used as currencies. “I definitely believe this is a massive, massive opportunity,” he said. Bank of America’s Metaverse Prediction Bank of America’s strategist, Haim Israel, told the Insider Tuesday that the metaverse is a massive opportunity for blockchain… Continue reading Bank of America Sees Massive Opportunity in Metaverse for Entire Crypto Ecosystem

Two Bitcoin experts speak about their experiences building Bitcoin related companies. Watch This Episode on YouTube Watch/Listen To This Episode: BitcoinTV Rumble Spotify Google Apple Libsyn Overcast Read The Full Transcript Below: John Carvalho (00:13): Obviously I know very well your involvement and my involvement too, I guess, with Bitcoin Uncensored. Did you do any… Continue reading Discussing Bitcoin Businesses And Bitcoin Entrepreneurship

Bank Indonesia, the country’s central bank, is reportedly considering issuing a central bank digital currency (CBDC) to fight the use of cryptocurrency. “A CBDC would be one of the tools to fight crypto. We assume that people would find CBDC more credible than crypto,” said an assistant governor of the central bank. Central Bank Sees… Continue reading Indonesia’s Central Bank Considers Issuing Digital Currency to ‘Fight’ Crypto

The electrical equipment provider is key to Riot’s bitcoin mining operations and will enable timely installation of miners after the transaction. Riot Blockchain has bought the electrical equipment provider ESS Metron. The deal is valued at $50 million, paid in 715,413 Riot common stock shares and $25 million in cash. Denver-based ESS Metron is a… Continue reading Bitcoin Miner Riot Blockchain Buys Electrical Supplier ESS Metron For $50 Million

The billionaire’s bitcoin funding initiative Square Crypto has rebranded to Spiral and is aimed at “making bitcoin the planet’s preferred currency.” Payments giant Square will change its corporate name to Block Inc., the company said in a statement Wednesday. Square Crypto, its subsidiary focused on funding Bitcoin development, is now called Spiral. The name alludes… Continue reading Jack Dorsey Is Now Focused On ‘Making Bitcoin More Than An Investment’

How the Mt. Gox rehab plan and Omicron emergence act as a sword of Damocles above otherwise splendid on-chain supply dynamics. December 1, 2021 Cycling On-Chain is a monthly column that uses on-chain and price-related data to better understand recent bitcoin market movements and estimate where we are in the cycle. This seventh edition first… Continue reading COC#7: The Bitcoin Market Hangs Between Hope And Fear

Gary Gensler said on Wednesday that Bitcoin was created “as a reaction” to the U.S. monetary system and its worldwide consensus. Bitcoin is an “off-the-grid” alternative to the traditional financial system, SEC Chairman Gary Gensler said. Gensler joined former SEC chairman Jay Clayton on Wednesday to talk about Bitcoin, cryptocurrency, and ETFs. Issuers should “come… Continue reading SEC Chairman Gary Gensler: Bitcoin Competes With The U.S. Banking System

While non-fungible token (NFT) assets have been extremely popular in 2021, there’s been a slew of issues tied to the ecosystem as well. A recent report indicates that roughly a dozen artists are considering taking legal action against an NFT collection called “Art Wars” because their original artwork was sold as NFTs without their consent.… Continue reading $7.5 Million NFT Collection Accused of Using Art Without Permission Threatened by Legal Action

When examining why people acquire bitcoin, we find different incentives, more based on preservation of the network than “getting rich.” What incentives does Bitcoin offer? Money accumulation, or is there any greater purpose and incentive for miners securing the network? Mining is a most important process of the Bitcoin network, yet relatively few actually understand… Continue reading The Invisible Incentives Of Bitcoin

1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build new protocols. 1inch Raises $175 Million From Strategic Investors Over the… Continue reading Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round

Konzum has enabled bitcoin payments in its online shop, with plans to soon add the option in its physical stores. Croatia’s largest food retailer has enabled bitcoin payments in its online shop. Konzum said it plans on deploying the payment option in its physical stores soon. “We are proud to be leaders in another area… Continue reading Croatia’s Largest Retail Chain Now Accepts Bitcoin Payments Online

Under the new terms, Compute North will host over 100,000 of Marathon’s miners across the U.S., helping the firm’s operations become 77% carbon neutral. Marathon has expanded its May agreement with Compute North to accommodate more miners in different regions of the U.S. The infrastructure provider will now host and manage over 100,000 of Marathon’s… Continue reading Bitcoin Miner Marathon Expands Compute North Hosting Deal To Over 100,000 Rigs

As bitcoin gains mainstream acceptance from centralized financial institutions, will Wall Street come to ruin what is most powerful about the asset? Bitcoin’s potential is immense — an independent global reserve asset, the foundation of a more ethical financial system, uncorrupted by centralized financial overlords. But what is the risk that bitcoin could become co-opted… Continue reading Co-Opted By Wall Street: Bitcoin’s Biggest Risk?

India’s finance minister, Nirmala Sitharaman, has revealed that the previous version of the cryptocurrency bill the government is pushing needed to be reworked. “This bill, once the Cabinet clears, will come into the House,” the finance minister told Rajya Sabha, the upper house of India’s parliament. Indian Government Pushing New Crypto Bill Finance Minister Nirmala… Continue reading Indian Finance Minister Reveals Crypto Bill Had to Be Reworked Before Submitting to Cabinet

The second-largest cryptocurrency in terms of market capitalization, ethereum, has come awfully close to reaching the digital asset’s all-time high ($4,878) it reached 21 days ago on November 10. While bitcoin dominance has slid below the 40% zone, ethereum’s market dominance, or $557 billion market valuation, represents close to 20% of the crypto economy. Ethereum’s… Continue reading Ethereum Market Cap Is Less Than 50% Away From Flipping Bitcoin — ETH Nears All-Time Price High