A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store …
Yearly archives: 2021
Goldman Sachs Predicts Ethereum Could Hit $8,000 This Year
Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019. Ether Could Reach $8K by Year-End, According to Goldman Sachs Goldman Sachs has reportedly explained in a research note circulated by …
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Crypto Exchange Kraken Set to List Shiba Inu Tomorrow — SHIB Investors Expect Price to Pump
Cryptocurrency exchange Kraken has indicated that the shiba inu (SHIB) cryptocurrency will be listed on its platform on Tuesday. The dogecoin rival has gained much popularity recently, rising 97% in the past seven days and 825.5% in the last 30 days. Kraken Indicates Shiba Inu Will Be Listed on Its Platform Tuesday Cryptocurrency exchange Kraken …
Bitcoin Price Prediction: BTC/USD Price Battles with $63,000
Bitcoin Price Prediction – November 1 The Bitcoin price is likely to spread the bearish move to areas below $61,000 after numerous attempts to hold gains above $65,000. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $68,000, $70,000, $72,000 Support Levels: $54,000, $52,000, $50,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD falls …
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Coinbase Voices: How crypto changed my life
Trey Edwards shares his personal path to crypto and Coinbase, and how he’s creating opportunities for others to follow in his steps I was on my way to my last class of undergrad at NC State University when I stepped off of the campus bus and was suddenly hit straight on by a car driven by …
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Fast, Secure 2-of-2 ECDSA using DKLs18
We’ve already discussed the general notions of digital signatures and threshold signatures in a prior post. At Coinbase, we’ve focused our attention specifically on two-party threshold signing; we’ll discuss this setting in this post. DKLs: an introduction. While threshold-signing protocols for the Schnorr and BLS schemes are relatively straightforward, threshold ECDSA is much harder. A number …
Genesis Digital Assets announces new data center in Texas
Major U.S.-based Bitcoin (BTC) mining firm Genesis Digital Assets is building a new data center in West Texas. According to the firm’s Nov.1 announcement, the new industrial-scale BTC mining data center will have a capacity of 300 megawatts and will operate using unspecified “sustainable infrastructure.” Its energy will be sourced from the Electric Reliability Council …
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Top U.S. banks offer big incentives to lure crypto talent
Top U.S.-based banks and financial institutions have filled more than 1,000 positions for crypto experts in the past three years. According to a Nov. 1 report from Bloomberg, financial institutions are offering significant bonuses to attract crypto talent, with human resource consultant Johnson Associates estimating that crypto positions pay salaries that are between 20% and …
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Institutional Investors Are Pouring Capital Into Bitcoin, Ethereum, Solana and Two Additional Altcoins: CoinShares
Digital asset manager CoinShares is detailing a shift in the way institutions are allocating capital to Bitcoin and the altcoin markets. According the firm’s latest report, a tidal wave of inflows triggered by the launch of the first Bitcoin (BTC) futures exchange-traded fund (ETF) in the US has evened out. The asset manager says …
Bitcoin To Challenge Gold as an Asset and Have Big Q4 Rally, According to On-Chain Analyst Willy Woo
Popular on-chain analyst Willy Woo sees Bitcoin (BTC) as an emerging challenger of gold and expects the leading crypto to ignite a strong uptrend at the tail end of this year. In a new interview, Woo notes that Bitcoin is only a few more multiples away from matching gold’s financial cap of about $4 trillion. …
NFL quarterback Aaron Rodgers will accept part of $22M salary in Bitcoin
Aaron Rodgers, quarterback for the Green Bay Packers football team, has said he will be taking part of his National Football League salary in Bitcoin. In a video posted to his Twitter account on Nov. 1, Rodgers — dressed as fictional character John Wick, likely for Halloween — said he would be partnering with Cash …
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The Recording Academy and OneOf announce Grammy Awards partnership
The Recording Academy and OneOf, a green nonfungible token (NFT) marketplace backed by legendary record producer Quincy Jones, have announced an exclusive partnership centered around the next three years of Grammy Awards in an unsigned statement on the Grammys website. Details on specific NFT collections will be released in January but will celebrate both the awards …
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Layer-2 Cardano “a necessity” as Hoskinson predicts a huge spike in network traffic
Cardano founder Charles Hoskinson calls Hydra “a high commercial priority,” due to an expected rise in the scale of traffic in the coming months. Especially in the near term, as projects in Africa begin to roll out. He added that, at the moment, research is still ongoing with Hydra. But, generally speaking, things are “converging” …
Ethereum (ETH) settled over $500 billion worth of transactions in Q3 2021
In signs of the continued growth of the crypto industry, Ethereum, the second-largest crypto asset by market cap settled over $500 billion worth of transactions in the third quarter of this year, representing a 389% increase from the same quarter last year. Ethereum stats rises this year According to the report released by Bankless Dao, …
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AWS Seeks a Specialist to Develop Amazon’s ‘Digital Currency and Blockchain Strategy Roadmap’
This past summer the American multinational technology company, Amazon, published two job listings for a blockchain lead and a digital currency expert. Now Amazon Web Services (AWS) is looking for a principal digital assets specialist that can “help drive adoption across the global digital asset community.” AWS Is Looking for a Principal Digital Assets Specialist …