Billionaire Twitter co-founder Jack Dorsey plans to allocate more capital to the Bitcoin ecosystem after pledging $5 million to the network’s core developers through his grantmaking organization Start Small. The firm will distribute the funds to the Bitcoin development non-profit, Brink, over the next five years in $1 million annual installments. According to its website, Brink exists to “support the Bitcoin developer community through funding, education, and mentoring.” ...
Read More »BlackRock’s ETF Success Rate With the SEC Is 575 to 1, What About its Bitcoin Application?
The world’s largest asset manager made a massive step towards its involvement in the cryptocurrency industry this week by filing for a Bitcoin Spot ETF with the US Securities and Exchange Commission. With so many previous applications for such a product by other companies failing before, the community wondered whether BlackRock’s attempt seems doomed from the get-go. However, the behemoth’s success rate with the SEC has been rather unmatched so far. History to Repeat But for...
Read More »Binance Halted Withdrawals in Mid-May; BTC Temporarily Fell
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin endured a bit of a dip in mid-May when it was announced that Binance would briefly halt all withdrawals and deposits due to ongoing congestion and traffic. Binance Came to a Standstill (so Did BTC) Bitcoin had been trading in the $29,000 range prior, and there were many analysts out there who felt the...
Read More »USDC Dethrones USDT as the Most Liquid Stablecoin on Centralized Exchanges: Data
An analysis by crypto market data provider Kaiko revealed that USD Coin (USDC) is currently the most liquid stablecoin on centralized exchanges (CEXs), with approximately $38 million bids preventing a .1% price deviation of the asset. USDC’s liquidity is followed by that of Tether (USDT), Binance USD (BUSD), True USD (TUSD), and Dai (DAI). The data compiled by Kaiko includes the .1% bid-side depth across all markets that use USDC as a base asset. USDC – the Most Liquid on...
Read More »Liechtenstein Officials Say “Yes” to BTC Payments
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Liechtenstein – a small European nation that most people likely wouldn’t even be able to recognize on a map – is suddenly becoming very big in the crypto community. Government regulators have recently issued a statement claiming they’re looking into accepting bitcoin and other cryptocurrencies as payment...
Read More »Exploring CBDCs: Crucial Social Experiment or Digital Enslavement
Central Bank Digital Currencies (CBDCs) are slowly becoming a reality. The initial hype may have faded, but to crypto advocates’ disdain, these digitized versions of legal tenders appear to be inevitable. So far, 100 countries are reported to be exploring the concept in some form or the other. Despite not yet being rolled out full-fledged, CBDCs have managed to attract numerous narratives. Social Experiment? Project Rosalind – a central bank digital currency (CBDC) initiative...
Read More »Presidential Hopeful Robert Kennedy Jr. Appeared at This Year’s Miami BTC Conference
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Robert F. Kennedy Jr. – a democrat who’s thrown his hat into the presidential race against Joe Biden – made his first appearance as a candidate this month at the famed Miami Bitcoin Conference. Robert Kennedy and Bitcoin… A Solid Match? Kennedy is not your typical far-left leaning liberal. He’s a vaccine...
Read More »7 Gründe noch heute ein Revolut-konto zu erstellen
Der Schweizer Markt gehört zu den am schnellsten wachsenden Märkten von Revolut in Europa. zusammen mit Ländern wie Italien, Portugal, Irland, Rumänien und Polen. Es muss ja nicht immer eine grosse Bitcoin-Börse sein. Es gibt viele gute Gründe, noch heute ein Revolut-Konto zu erstellen. Hier sind sieben davon: Günstige internationale Überweisungen: Revolut ermöglicht Ihnen kostengünstige internationale Überweisungen mit niedrigen Gebühren und...
Read More »7 Gründe noch heute ein WISE-konto zu erstellen
Um dein Wise-Konto zu eröffnen, musst dich dich zunächst verifizieren – üblicherweise mit einem Lichtbildausweis, einem Wohnsitznachweis und/oder einem Bild von dir, auf dem du deinen Ausweis neben dein Gesicht hältst. Der Verifizierungsvorgang dauert üblicherweise etwa 2 Werktage. Es muss ja nicht immer eine grosse Bitcoin-Börse sein. Es gibt mehrere gute Gründe, noch heute ein WISE-Konto zu erstellen. Hier sind sieben davon: Günstige...
Read More »Bitcoin Halving Effect on Asset’s Behavior Still Unclear: Coinbase
A new report by America’s largest cryptocurrency exchange Coinbase revealed that the effect of Bitcoin halving events on the asset’s performance is still unclear as several exogenous factors play significant roles in the market’s behavior. While the halving is viewed positively because it is believed to enhance BTC’s prospective scarcity and support its supply-demand dynamics, getting a clear picture of the market’s reaction would require disentangling the effects of U.S....
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