Bitcoin is off to its worst calendar year start in eight years. ConsenSys acquires MyCrypto wallet, plans to merge it with MetaMask. Good news for everyone who’s tired of looking at Tether: USDC is closing the gap on the leading stablecoin and now controls 30 percent of the market. In the U.S., 300 community banks are poised to offer Bitcoin trading via mobile apps. This trading should commence within the first two quarters of 2022. American Banker has all the details on…
This year I’m going to start something new. I’m going to start reporting, on the first Friday of each month, my earnings from cryptosocial media of the previous month. This will be my first report. The cryptosocial platforms and protocols I’ve been playing around on the most include Hive, Loop, Minds, MG Social, Noise Cash, Publish0x, Read Cash, Torum, and Coil. Without further ado, here’s what I’ve earned on these platforms thus far this year.…
My wife Theresa and I recently found out what it's like traveling with COVID. Our journey began in East Texas, but we didn't catch the virus until we got to Pennsylvania. Then we had to travel back home feeling under the weather. This is our story. Theresa and I left Texas on a Monday afternoon to arrive in Pennsylvania on Wednesday afternoon for a Thursday morning funeral service. Theresa's grandmother, over 90 years old, had died. We attended the funeral on Thursday and…
Over the weekend, Ethereum whales loaded up on Axie Infinity. It was the most traded token among the 1,000 largest ETH wallets in a 24-hour period. Some of the bigger whales purchased millions of dollars worth of AXS. Maybe we’ve got another rising superstar in the games category. What were the biggest crypto scams in history? OneCoin tops the list, edging out BitConnect by $2 billion. According to the UN, North Korea used millions of dollars in stolen crypto to fund its…
Cofounder Vitalik Buterin says Ethereum may never be very much faster than it is now. Coinbase pulled the “how to buy” instructions on three cryptocurrencies after ‘rug pull’ warnings. Morgan and Lichtenstein sounds like the name of a personal injury law firm, the kind of ambulance chasers likely to run television advertising like its a garden hose in July. Not so. They are the names of the couple arrested in the Bitfinex case where $4.5 billion in bitcoin was allegedly…
Ethereum is back in the news with the lowest transaction fees in months. One Morgan Stanley analyst tells why Ethereum could have a larger market than bitcoin. Meanwhile, bitcoin’s hashrate surged to a new all-time high and one legendary investor tells why bitcoin has become his “insurance policy.” Russia has determined that bitcoin can’t be used for payments. Yet, one key metric indicates bitcoin is accumulating at a high rate. 3 reasons cryptocurrencies are a long-term…
The crypto market rose above $2 trillion again. Bitcoin’s back over $44,000, but eyes are on Ethereum. The blockchain saw a total of $21 million inflows in the week ending February 11, ending a nine-week trend in the opposite direction. Not only that, but the fees are dropping. Meanwhile, the number of Ethereum wallet addresses holding .1 ETH has hit an all-time high. Traders are now asking if Ethereum could be headed back to $4,000, and could it be a trillion-dollar…
Bitcoin miners are selling off stockpiles of coins. This comes as the granddaddy of all cryptocurrencies sees its biggest drop in four weeks. Morgan Stanley says Ethereum’s dominance could dwindle as more competition emerges. As the Securities and Exchange Commission begins its investigation into Binance, the popular crypto exchange has suspended operations in Israel. The country’s financial regulator had been asking questions about Binance’s business practices. Crypto app…
Ethereum’s mining power hit an all-time high. Hackers broke into OpenSea over the weekend and stole 254 NFTs, including some Bored Apes and Decentraland tokens. Mexico’s third-richest billionaire says to buy bitcoin. Meanwhile, Huobi crypto exchange cofounder says the next bitcoin bull market won’t begin until late 2024. Crypto News BTC says BTC miners face more stress due to BSVs mining advantages. How NFTs and DeFi are revolutionizing real estate investing and home…
Tether has reduced its paper holdings by 21 percent. That accounts for $6.2 billion. Marching on, Tether has partnered with the Switzerland city of Lugano to transform it into a European Bitcoin City. Ripple recently unsealed documents that show the company sought legal advice as early as 2012 on whether XRP would be a security. That certainly bolsters their case against the Securities and Exchange Commission (SEC). Meanwhile, a former SEC official says the SEC will lose “on…
This week, immediately after Russia’s invasion of Ukraine, cryptocurrency values plummeted. In fact, the market lost $250 billion in hours. Economists are now predicting Russia could use cryptocurrencies to get around sanctions issued by the U.S. and other nations. Not only that, but billionaires could use cryptocurrencies to do business with Russia, averting sanctions. In other words, the decentralized nature of cryptocurrencies is doing precisely what it was intended to…
When I think of Wyoming, I think of cowboys, ranches, and buffaloes roaming. But last year, Wyoming led the way in DAO legislation by introducing and passing a bill that allows decentralized autonomous organizations a legal path forward. It was the first state to do so. Now, Wyoming could have its own stablecoin by the end of 2022. The most trending question in Google searches about the metaverse is, “How do you buy land in the metaverse?” Other top questions include: What…
Bitcoin’s hash rate has dropped and mining difficulty is expected to jump. Meanwhile, more mainstream investors could be changing bitcoin’s halvening cycle. A must-read proposal to address Bitcoin’s smart contract limitations recommends pay-to-contract hashes.
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