Betting platform Sportsbet.io donated 2 bitcoin to Premier League football club Southampton. The donation set up a new fund that seeks to “support the causes that matter most to [Southampton’s] fans,” the company said in a statement. But the club can also decide to retain, or HODL, a portion of the donation to capitalize on future price appreciation. Sportsbet.io, a…
I have always been my mother’s daughter. My mother is a captivating storyteller, an avid reader and a fearless risk-taker who I endlessly admire. Those are the very reasons my dad once told me he fell in love with her and went along with her decision to lead our family across an ocean with few belongings aside from a very…
Now responsible for the second-largest contribution to the Bitcoin hash rate, Kazakhstans energy grid may be unprepared to handle the addition of many cryptocurrency miners from China and others looking to capitalize on low-cost electricity. In a Wednesday report from Reuters, government officials in Kazakhstan estimate that unregistered crypto miners in the country could be consuming twice as much power…
In brief Print magazines have been making bank by minting NFTs. Rolling Stone is getting in on the act. Making good on an announcement last week, Rolling Stone has entered the NFT market today by auctioning two digital magazine covers created in partnership with Bored Ape Yacht Club (BAYC), the headline-grabbing, primate-themed digital art collection that has generated around $1…
Every time a new Bitcoin (BTC) all-time high is formed, excessive expectations follow. This time was no different as its price briefly touched $69,000 in the early hours of Nov. 9. Bitcoin 8h, we got our November 9th historical correction, seems to be very minor for now. Naturally I expect at bigger correction after we hit the 84k region, and…
The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today there’s more than 74.8 billion tethers in circulation today. Tether Launches on Avalanche On Wednesday, Tether Operations Limited, the firm that issues the stablecoin asset tether (USDT) has announced the…
Institutional inflows to digital assets are at an all-time high. But its still really, really hard to get holdouts off the bench. Giorgi Khazaradze, the CEO and founder of crypto trading terminal Aurox, and Glenn Barber, head of sales at institutional crypto trading platform Copper, talked about whats keeping institutions out of crypto markets at the Decrypt and Yahoo Finance…
Ever since the launch of the inter-blockchain communications, or IBC, protocol in March, which enabled the communication and transfer of digital assets across different blockchains, development activity seems to have picked up pace on the Cosmos (ATOM) network. Transaction volumes, the creation of decentralized applications, and the number of chains connected via IBC have all been trending upwards in recent…
Bitcoin hit a new record high today, touching $69,000 for the first time as inflation data from the U.S. Department of Labor showed the highest annual jump in consumer prices since 1990. The consumer price index (CPI) increased 6.2% from October 2020, exceeding the 5.4% rate registered in September and fueling the inflation hedge narrative for Bitcoin further. Energy, shelter,…
In 1972, one year after President Richard Nixon defaulted on the dollar and formally took the United States off of the gold standard for good, the financial historian and analyst Michael Hudson published “Super Imperialism,” a radical critique of the dollar-dominated world economy. The book is overlooked by today’s economic mainstream but puts forward a variety of provocative arguments that…
