Category: Cryptocurrency
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This Month In Bitcoin And Central Banks
Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of Bitcoin Magazine’s “Fed Watch” podcast, Christian Keroles and Ansel Lindner gave an update on central bank news in relation to bitcoin. This is the only podcast that tackles this intersection of macro and bitcoin from a realistic and skeptical point of view.…
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How Nigerians Are Reacting To The Cryptocurrency Ban
The Central Bank of Nigeria (CBN) has said that its decision to ban cryptocurrency was necessary to prevent crimes and mitigate risks Several Nigerians have condemned the move and believe the ban has some political undertone beyond those stated reasonings The Senate of Nigeria has summoned the CBN governor to explain the decision to ban…
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Bitcoin As Fiat’s Antithesis: The Future Of Finance In Hegelian Terms
Georg Wilhelm Friedrich Hegel was a difficult man. Even his name is a mouthful to say. With more layers than a wedding cake, the German philosopher was the human equivalent of quantum theory. As physicist Richard Feynman famously said, “Anyone who claims to understand quantum theory is either lying or crazy.” The same accusation can be applied to Hegel’s philosophies. If anyone claims…
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Jed McCaleb Sells $22 Million Worth of XRP, Ripple Cofounder’s Stash Could Run Dry by May
During the last few weeks, the former Ripple executive Jed McCaleb has reportedly been selling millions of XRP tokens and every sale has been monitored by the public. On Sunday, McCaleb dumped another 38 million XRP worth $22 million after selling 95 million XRP last week worth $56 million today. Ripple Cofounder Sells 38 million…
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Twitter Stock Jumps 20% Following Reports the Company Is Weighing the Possibility of Adding BTC
Buoyed by reports that Twitter has been studying the possibility of adding bitcoin to its balance sheet, the company’s stock surged to a new 52-week high of $73.18 on Feb. 12. Before the surge, the stock had been trading at just under $60 on Feb. 9. At the time of writing, Twitter’s market capitalization stood…
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Twitter Stock Jumps 20% Following Reports the Company Is Weighing the Possibility of Adding BTC
Buoyed by reports that Twitter has been studying the possibility of adding bitcoin to its balance sheet, the company’s stock surged to a new 52-week high of $73.18 on Feb. 12. Before the surge, the stock had been trading at just under $60 on Feb. 9. At the time of writing, Twitter’s market capitalization stood…
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What Pushed Bitcoin Past All-Time Price Highs This Week (And What’s Next)?
It may be a milestone that is losing some of it’s novelty, but bitcoin once again eclipsed its all-time price high this week, reaching a USD value of $49,000 on Bitstamp today. Sometimes bitcoin’s price movement can be difficult to parse but, in this case, there was a series of significant news items and events…
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Discussing Bitcoin Softchains, Sidechains Using PoW Fraud Proofs
Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of “The Van Wirdum Sjorsnado,” hosts Aaron van Wirdum and Sjors Provoost were once again joined by Ruben Somsen. This time, they discussed one of Ruben’s own proposals, called “softchains.” Softchains are a type of two-way peg sidechain that utilizes a new type…
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Mayor’s Proposal To Integrate Bitcoin Into Miami’s Operations Receives Approval
In a Twitter video posted late last night, Miami Mayor Francis Suarez announced that city commissioners have supported his resolution to explore letting residents pay city fees or property taxes in bitcoin, allowing city employees to receive compensation in bitcoin and giving Miami the opportunity to invest in bitcoin. Exploring: • State legislative priority• Paying…
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Jack Dorsey, Jay-Z Launch Bitcoin Development Endowment
Earlier today, Twitter CEO Jack Dorsey announced a partnership with hip-hop mogul and billionaire Sean Carter, aka Jay-Z, to create a Bitcoin development endowment focused initially on teams in India and Africa. JAY-Z/@S_C_ and I are giving 500 BTC to a new endowment named ₿trust to fund #Bitcoin development, initially focused on teams in Africa…