Previous articles discussed the cognitive biases that affect bitcoin and biases around price and around group norms and groups’ authorities. There are also many cognitive biases that affect the conception of bitcoin and the term Environmental, Social, and Corporate Governance (ESG), which is an evaluation of a firm’s collective conscientiousness for social and environmental factors. The term ESG is widely…
Month: October 2021
DeFi protocol Aave encounters major capital flight
Annual percentage yields, or APY, on crypto borrowing and lending platform Aave have surged to record levels after capital withdrawals sent the decentralized finance, or DeFi, protocol into a liquidity crunch. At the time of writing, variable APY on borrowing stablecoin Dai via Aave has surged to 24.88%, compared to approximately 6.50% the day prior. According to cryptocurrency researcher Igor…
US Senator Hagerty to CFPB Director: Dont Stifle Crypto Innovation
U.S. Senator Bill Hagerty (R-VA), who was elected in 2020 to represent Tennessee after a stint as Ambassador to Japan, spoke to newly appointed Consumer Financial Protection Bureau Director Rohit Chopra regarding cryptocurrencies in a banking committee hearing, saying I just want to make certain as you exercise those oversight responsibilities that we don’t stifle innovation in this arena. Digital…
Liquid Craft’s Dragon and Bourbon NFT Series – Press release Bitcoin News
press release PRESS RELEASE. Today, Liquid Craft has announced the launch date for their first NFT series that is set to go live on Oct 29th at 12 PM PST for presale and Oct 31st 12 PM PST for public sale. The first Liquid Craft NFT series in the roadmap is called Dragons and Bourbon, with each NFT tied to…
AMC Theatres CEO considers adding Shiba Inu as payment for ticket purchases
AMC Entertainment is in the process of updating its technical infrastructure to allow consumers to pay online with Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Dogecoin (DOGE) for movie tickets. But it doesn’t stop there. In a Twitter post early Friday morning, Adam Aron, the company’s CEO, asked if users would be potentially interested in paying with Shiba Inu as…
SHIB Flips Dogecoin Again as Meme Coins Jostle for Supremacy
In brief Shiba Inu (SHIB) is up today while Dogecoin (DOGE) is down. Both have experienced highly volatile price action this week. Another dog-themed crypto, Floki Inu (FLOKI), has also surged this week. Its been a wild week for canine-themed meme coins and tokens. Shiba Inu (SHIB) vaulted into the top 10 for the first time and dethroned Dogecoin (DOGE)…
Kraken’s ‘Shocktober’ Report – Bitcoin News
Mining operators and holders keep accumulating Bitcoin, according to the latest Kraken intelligence report, titled “Shocktober.” In the report, several metrics allude to a bullish view for the months to come. In contrast, mining pool contributors and small miners have taken profits, these being more prone to sell due to market movements. ‘Shocktober’ Report Paints a Bullish Panorama …
Kazakhstan expects at least $1.5B in economic activity from crypto mining within 5 years
A report from the Data Center Industry & Blockchain Association of Kazakhstan, or NABDC, estimates that cryptocurrency mining could bring $1.5 billion in revenue for the country over the next five years. Currently, corporate digital currency mining activities generate about 98 billion tenge ($230M USD) per year in the country. Alan Dordzhiev, the president of the NABDC, issued the following…
Ethereums new all-time high prepares ETH for ‘continuation to $5,000’
The cryptocurrency market is in high spirits on Oct. 29 after bulls managed to lift the price of Bitcoin (BTC) back near the $63,000 support zone and Ether (ETH) has established a new all-time high at $4,460. ETH/USDT 4-hour chart. Source: TradingView Here’s what anlaysts are saying about the market now that Bitcoin is finding support above the $60,000 level…
How SIGHASH_ANYPREVOUT And Eltoo Could Improve The Lightning Network
Watch This Episode On YouTube Listen To This Episode: In this episode of “The Van Wirdum Sjorsnado,” hosts Aaron van Wirdum and Sjors Provoost discussed SIGHASH_ANYPREVOUT, a proposed new sighash flag that would enable a cleaner version of the Lightning Network and other Layer 2 protocols. Sighash flags are included in Bitcoin transactions to indicate which part of the transaction…