The government of El Salvador continues celebrating significant days by buying more Bitcoin (BTC), with President Nayib Bukele announcing a new purchase of 21 BTC on Tuesday. Worth around $1,036,000 at the time of writing, El Salvador’s latest BTC investment is to celebrate the “last 21st day of the year 21 of the 21st century” …
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Tesla and SpaceX CEO Elon Musk showed no support for the metaverse and Web 3.0 ecosystems as he dismissed the terms for being used as buzzwords and marketing tactics. “I don’t see someone strapping a friggin’ screen to their face all day,” said Musk in an interview with The Babylon Bee when asked about his …
Continue reading “Elon Musk thinks Neuralink is better than the metaverse in long term”
By Mark Nesbitt Crypto is a rapidly growing space, with many views on how it might evolve. This series explores various ideas on crypto’s future and does not necessarily reflect the view of Coinbase. TLDR: This post explores a typical evolution of understanding Bitcoin, how its most common criticisms can actually be strengths, and why its …
Summary Between 4:00 pm and approximately 5:36 pm PT on Tuesday, November 23rd, we experienced an outage across most Coinbase production systems. During this outage, users were unable to access Coinbase using our websites and apps, and therefore were unable to use our products. This post is intended to describe what occurred and the causes, …
The decentralized finance (DeFi) project Hubble Protocol has recently closed a seed funding round that raised $3.6 million. This early support for Hubble comes from several major and influential names in the crypto industry who are key players working to expand DeFi on Solana, which is currently the world’s fastest blockchain. Participants in Hubble’s early …
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Co-founder of BlockFi and senior vice president of operations, Flori Marquez, shared the company’s insight on collected customers’ data and shed some light on the crypto industry’s growth as they have seen “huge moves” of Americans interested in it, suggesting a burgeoning adoption. During an interview with Yahoo Finance, Flori Marquez shared some interesting numbers. …
Continue reading “BlockFi Co-Founder Sees Huge Growth And FOMO For Crypto In 2022”
The bitcoin mining crackdown was one of the major moves by a government that rocked the crypto space. The crackdown saw the mass exodus of bitcoin miners out of the presumed mining capital of the world as the Chinese government ramped up its efforts to push the miners out. During this time, the mining hash …
Continue reading “Despite Crackdown, Bitcoin Mining Is Still Alive And Well In China”
CNBC personality Jim Cramer has been pushing the possibility of a so-called “Santa Claus rally” across the stock market. But could this holiday-related trend have an impact on Bitcoin and cryptocurrencies? Mad Money Host Calls For “Santa Claus Rally” Bitcoin has taken a beating, down substantially from what most of its backers believed the year …
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Maybe one of the best-performing assets in 2021, LUNA has been trending against the market for the past 2 weeks. While Bitcoin, Ethereum, and other major cryptocurrencies remained rangebound, the native token for the Terra ecosystem re-entered uncharted territories. Related Reading | Terra Begins LUNA Burning, Why It Could Target $140 As of press time, …
Enterprise blockchain has come a long way since its inception in 2017. Blockchain for enterprise use initially began as a technology built on private, permissioned networks, primarily used for supply chain management. As blockchain matured overtime, enterprises began to leverage public, permissionless networks like Ethereum to conduct business. Fast forward to 2021 — enterprises are …
Continue reading “Blockchain enables enterprise business models in the Metaverse”
Longtime analyst and trader Peter Brandt is looking at the capitulation history of Bitcoin to determine whether the king crypto has flushed out enough weak hands to mark a bottom. Brandt tells his 601,900 Twitter followers that massive volume expansions during a deep correction often indicate that BTC is close to resuming its uptrend. “Implications …
Crypto exchange giant Crypto.com is looking back at a huge year for digital assets and making predictions for the future. In a sprawling document published on the Crypto.com research page, the exchange’s research team is forecasts further crypto adoption in 2022 – led by one sector in particular. First, the exchange giant predicts that the number …
Earlier this year, gaming giant Ubisoft joined the aleph.im network as a core channel node operator after the blockchain-based storage and computing startup became a part of Ubisoft’s Entrepreneurs Lab. On Tuesday, aleph.im announced that it will offer a decentralized storage solution for Ubisoft Quartz in order to further incorporate nonfungible tokens (NFTs) into Ubisoft’s …
Continue reading “Ubisoft pursues NFT initiative with aleph.im following fan backlash”
Quantitative analyst PlanB is saying that Bitcoin will experience a severe bear market despite claims to the contrary by other experts. In a new interview on business and investment YouTube channel FamilyOffice, PlanB highlights a few signals telling him that Bitcoin will eventually venture deep into bear territory. “First of all, I’m one of the …
Rich Dad Poor Dad author Robert Kiyosaki says an impending market meltdown would be “good news” for Bitcoin (BTC) despite the leading crypto asset’s recent price volatility. In an interview with Danielle Cambone of Stanberry Research, Kiyosaki doubles down on his predictions of a major market crash from which holders of crypto and precious metals …
