Category: Digital Assets
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Debunking Misconceptions From “The Bit Short: Inside Crypto’s Doomsday Machine”
As long time Bitcoiners, we are not shocked by the ongoing confusion around the nature of the bitcoin market. The reality is that, unlike other public markets, the bitcoin market has significantly more noise. There is noise around price valuation, noise around use cases, noise around data and noise from skeptics. It is very difficult…
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Bitcoin Is The Only Investment-Grade Digital Asset
Underlying Source Every four years or so, bitcoin’s seemingly cyclical nature rears its head and the rise of another bull market begins. There are headlines across mainstream media outlets boasting massive price action, and droves of people start coming out of the woodwork to claim that they have been long on bitcoin for years! However,…
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Is Grayscale is about to unveil a LINK Trust?
Mystery filings using Grayscale’s name suggest the multi-billion dollar firm may be looking to expand the number of Trusts.
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Rick and Morty Creator Sells NFT Art Collection for Over $1 Million in Ether
Justin Roiland, the co-creator of the Adult Swim cartoon series Rick and Morty has joined the growing trend of celebrity artists creating non-fungible token (NFT) artwork. After the animator released the collection called “The Best I Could Do” on the NFT auction house Nifty Gateway, the artwork sold for over $1 million in ether. Justin…
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The Second Order Effects Of Bitcoin: Digitization, Decentralization And Deflation
Some inventions are so profound that their second order effects reshape the very structures of societies. The term general purpose technologies (GPTs) is used to describe innovations like electricity, the steam engine and the computer. The paradigm shifts made possible by these inventions are often not initially understood, and can take decades to reach mass…
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The US SEC Fines Shipchain $2 Million for Conducting an Unregistered Token Offering: Company Agrees to Cease Operations
The US Securities and Exchange Commission (SEC) has issued a cease and desist order against Shipchain and ordered it to pay a penalty of $2.05 million. Additionally, the regulator has directed Shipchain, a shipping and logistics company, to transfer Ship tokens in the possession or control of the company’s directors to a “fund administrator.” Unregistered…
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Barcelona FC Player Gerard Piqué Invests in Ethereum-Based Fantasy Football Platform Sorare
The Barcelona FC captain has announced his official inception into the non-fungible token (NFT) industry by investing $4.3 million in the fantasy football platform Sorare. Barcelona FC Player Invests in NFT Fantasy Football Platform Sorare, Joins as Strategic Advisor According to Sifted, Gerard Piqué joined a seed extension round led by U.S.-based fund Cassius Family…
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Survey: There Is ‘Significant Room’ for the NFT Market to Grow Despite Widespread Lack of Knowledge Among People
A survey about non-fungible token (NFT) trends on crypto users revealed that 47% of correspondents had heard of NFT, and among these, 63% of them had only a basic understanding about it, while 57% of them had never used them. Survey Reveals Common User Has Just a Basic Understanding of NFT Market According to a…