The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. As most people who own bitcoin know, price drawdowns that are greater than 50% have been a regular occurrence after each all-time high.…
Month: October 2021
Bulls fight to keep Ethereum price above $4K ahead of Friday’s $435M options expiry
Ether (ETH) flirted with its $4,380 all-time high on Oct. 21 but failed to breach it by a few dollars. Some analysts, including independent market analyst Scott Melker, believe that an exchange-traded fund (ETF) approval is the next logical step for the U.S. Securities and Exchange Commission (SEC).My bet is we will see an Ethereum Futures ETF before we see…
Tesla Hodls Bitcoin in Q3, Elon Musk Tweets BTC at $69K Meme – Featured Bitcoin News
Tesla is currently holding bitcoin worth $1.26 billion on its balance sheet, the company’s third-quarter earnings report shows. The electric car company reported a bitcoin-related impairment of $51 million in the quarter. Meanwhile, CEO Elon Musk tweeted a meme showing the price of bitcoin at $69K and ether at $4.2K. Tesla Continues to Hold Bitcoin on Balance Sheet Elon Musk’s…
Timeline Of Bitcoin Six Groups Bought It
Originally published in The Conversation, under Creative Commons licence CC-BY-ND. Updated here by the author. Mainstream commentators are often dismissive of the people who buy bitcoin, writing them off as naive victims of a fraudulent bubble. But if we look more carefully, we can trace the history of bitcoin, and its growing acceptability, through the arrival of different kinds of…
Associated Press plans to launch Chainlink node to publish data
The Associated Press news agency announced it would be launching its own Chainlink oracle node to ensure any data from its U.S. newspaper and broadcaster members would be cryptographically verified.In an Oct. 21 announcement, the Associated Press, or AP, said smart contract developers would have access to the agency’s “economic, sports, and race call data” once the node was operational.…
US Public Pension Fund for Firefighters Adds Bitcoin and Ether Worth $25 Million to Portfolio – Markets and Prices Bitcoin News
The $5.5 billion pension fund for the U.S. city of Houston’s firefighters has announced an investment in bitcoin and ether. “This investment marks the first announced investment in digital assets by a public pension plan in the U.S.” ‘A Watershed Moment for Bitcoin and Its Place in Public Pensions’ The Houston Firefighters’ Relief and Retirement Fund (HFRRF), the pension fund…
Early meeting of E-Gold founders may hold clue to Satoshi Nakamoto’s identity — Peter Thiel
PayPal co-founder and billionaire venture capitalist Peter Thiel believes he may hold a clue on how to find Satoshi Nakamoto, Bitcoin’s (BTC) pseudonymous creator who disappeared two years after mining the cryptocurrency’s genesis block in January 2009. His theory stems from an early meeting of E-Gold founders in February 2000, where roughly 200 people coalesced around a beach in Anguilla to…
Bitcoin And Philosophy Of Free Choice
The profoundness of philosophy is typically measured in extremities and diversions from a central understood point. This can address the thought collective, or the individual, when discussing knowledge and experiences with the intention of developing a grandiose understanding of the subject at hand, or positing real and lasting change. The road map for such a study is as follows: First,…
Facebook, Tencent a Threat to Open Metaverse: Animocas Yat Siu
In brief Animoca Brands is valued at $2.2B following a new funding round, and has invested in more than 100 companies to date. Executive Chairman Yat Siu tells Decrypt that Animocas focus is on building an open metaverse, painting Facebook and Tencent as threats to that. Animoca Brands has cast a wide net with its investments into the crypto industry,…
Carbon Credit Token MCO2 Is Now Listed on Gemini
sponsored MCO2 is a carbon credit token traded by Moss.Earth. One MCO2 token is equivalent to one carbon credit. It is now possible to find this asset available on the largest exchanges on the planet, such as Gemini. The token goes through several processes to guarantee the security and reliability of the product. MCO2 Is the First Carbon Credit Based…