Apple co-founder Steve Wozniak thinks Bitcoin represents “mathematical purity.” The legendary tech innovator says in a new interview with Yahoo! Finance that the US dollar isn’t fixed because the government can just print more money and continue borrowing. ADVERTISEMENT Bitcoin, by contrast, can’t change its circulation, Wozniak explains. “Bitcoin isn’t run by some company. …
Category archives: Trending Crypto news
This One Factor Is Contributing to a Bitcoin Rally – And It Has Not Abated, According to Crypto Exchange Kraken
Cryptocurrency exchange Kraken is revealing one factor that could be responsible for powering Bitcoin’s (BTC) rally over the month of October. In a new report, Kraken says that a supply shock trend, which shows no signs of slowing, might be one of the drivers behind Bitcoin’s rally this month. ADVERTISEMENT “BTC has been priming …
Bakkt stock goes parabolic, GBTC outpaces BITO ETF and Tom Brady offers 1 BTC for 600th touchdown ball: Hodler’s Digest, Oct. 24-30
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bakkt shares skyrocket after partnering with Mastercard and Fiserv On …
Celebrities are embracing NFTs in a big way
The nonfungible token (NFT) market is growing. According to a new report by analytics platform DappRadar, NFT trade volume soared past $10 billion during the third quarter of 2021, a sevenfold increase from the previous quarter’s figure. Although a significant slice of that action comes from runaway hits like NBA Top Shot, CryptoPunks and gaming …
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The United States will become the global crypto and blockchain leader
We have some great news coming out of the United States on the cryptocurrency industry this month with potentially more good news coming later this fall. On Oct. 6, Gary Gensler, head of the U. S. Securities and Exchange Commission (SEC), confirmed during a House Committee on Financial Services hearing that the regulator will not ban …
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Police Seize $2,900,000 in Bitcoin and Other Crypto Assets From Schoolboy in Money Laundering Probe
UK police have confiscated Bitcoin and other cryptocurrencies worth millions of dollars in a money-laundering investigation. According to the Lincolnshire Police, detectives seized over 48 Bitcoin (BTC) and other crypto assets from a 17-year old schoolboy involved in credit card fraud and money laundering. ADVERTISEMENT “Intelligence suggested that the suspect was involved in credit …
Coinbase Accidentally Adds $181,000,000 in Shiba Inu to the Wallet of This NASCAR Driver – He Wants None of It
A popular NASCAR driver woke up to an unexpected sum of Shiba Inu (SHIB) in his Coinbase account but has promptly decided to return the valuable memecoins to the crypto exchange. NASCAR driver Keith McGee is the first Alaskan to start a NASCAR race and the first disabled veteran in the history of NASCAR. ADVERTISEMENT …
The major tax myths about cryptocurrency debunked
Crypto and taxes may not be a match made in heaven, but taxes seem inevitable, and the United States Internal Revenue Service (IRS) has made it clear it is going after people who don’t report. With IRS summonses to Coinbase, Kraken, Circle and Poloniex, plus other enforcement efforts, the IRS is on the hunt. The …
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AVAX tops the crypto predictability list… but the other tokens may surprise you
You can’t predict the future, but you can learn from the past. And some crypto tokens are much (much) more predictable than others, when you analyze their historical trading patterns. In fact, five cryptocurrencies in particular have exhibited the kind of trading predictability that could give sharp-eyed crypto traders a huge advantage in the markets. …
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Elon Musk-named meme token ‘Dogelon Mars’ gains nearly 4000% in October
A so-called meme cryptocurrency named after Tesla and SpaceX CEO Elon Musk is rising in value, namely by a whopping 3,780% in October. Dubbed Dogelon Mars (ELON), the cryptocurrency reached $0.00000233 Saturday—its highest level since May 13—after opening the month at $0.00000005 (data from Poloniex). The massive upside move pushed Dogelon Mars’ market cap from …
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Three Bitcoin Futures ETFs Were Created in October: Are There More to Come?
Three asset management firms have created Bitcoin futures ETFs in recent weeks. Here’s what’s next for ETFs. Three crypto asset management firms―ProShares, Valkyrie, and VanEck―have announced Bitcoin futures ETFs in recent weeks. These launches mark a milestone, as they are the first funds of their type to gain approval in the U.S. Bitcoin futures ETFs …
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Someone Just Moved $2,071,215,368 Worth of Bitcoin in a Single Transaction – Here’s Where the Crypto Is Now
As Bitcoin’s price moved sideways this week, one anonymous whale moved tens of thousands of BTC worth of billions of dollars in a single transaction. On Wednesday, an unknown wallet sent about 34,988.9 Bitcoin worth $2,071,215,368.63 at time of transaction to two other unknown wallets, according to distributed ledger explorer Blockchain.com. ADVERTISEMENT With Bitcoin …
7 lessons learned from building and scaling Bitcoin mining operations
It all started with mining Bitcoin (BTC) in a dorm room. What started as a hobby with a few mining rigs scaled into twenty industry-scale mining farms across the globe. Because we scaled our operations in a new industry, we had to discover what worked and what didn’t through trial and error — because there’s …
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NFT hype isn’t cooling down as Coinbase and FTX only dive deeper
Nonfungible tokens (NFTs) and the marketplaces they trade on have been the talk of the cryptoverse for a while now. Even amid the peak of the bull run, the hype for NFTs is not decreasing. It is arguable to say that the traction they are gaining is at an all-time high right now and continues …
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BTC price ‘ready to rally’ with Bitcoin bulls clear to charge at $85K — analysis
Bitcoin (BTC) is “ready to rally” again as BTC price action flips bullish on crucial timeframes, trading platform Decentrader says. In its latest market update on Oct. 29, the firm predicted incoming fresh upside for Bitcoin, which has languished below old all-time highs this week. $150,000 end-of-year potential Despite sideways moves in BTC/USD keeping markets …
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