Mobius Capital Partners founder Mark Mobius says that cryptocurrency is not an investment, calling it “a means to speculate and have fun.” He prefers stocks and believes “the U.S. market is going to continue to prosper and continue to do well.” Mark Mobius Does Not See Crypto as an Investment Mark Mobius, the founder of Mobius Capital Partners, talked about…
Month: November 2021
Proof of Stake
Proof of stake (PoS) are a class of consensus for blockchains that work by picking validators in proportion to their quantity of holdings in the associated cryptocurrency. Unlike an of work (PoW) protocol, PoS systems do not incentivize extreme of energy. The first operating use of PoS for cryptocurrency was Peercoin in 2012. The greatest proof-of-stake blockchain by market capitalization…
Social Sentiment And The Bitcoin Price
“Social media” is a gigantic umbrella term that nobody can precisely define. Twitter, Reddit, Facebook, 4Chan, you name it. It doesn’t matter if it’s a worldwide platform or a tiny forum chat; if it connects users over the internet, it’s social media. On sites like Twitter, users are separated into tiers of opinion authority based on followers and likes. Those…
Polkadot – Network for Interoperable Blockchains
Polkadot is a blockchain network to support numerous interconnected, application-specific sub-chains called parachains ( for parallelized chains). Each chain built within Polkadot uses Parity Technologies’ Substrate modular framework, which permits developers to select particular components that suit their application-specific chain finest. Polkadot describes the entire community of parachains that plug into a single base platform referred to as the Relay…
Chip Shortage Cause Impact Bitcoin
Without a steady supply of new chips, our economies would grind to a halt. To get an idea of how important chips are: MOSFETs, semiconductor components of all modern chips, are the most frequently manufactured device in history. It’s increasingly harder to find a modern electronic device that doesn’t contain any chip, as I personally found out the hard way…
Artists, brands and creators pile into the Metaverse
The blockchain gaming ecosystem has seen explosive growth over the course of 2021 as nonfungible tokens (NFT) and the play-to-earn gaming model helped create new income opportunities for people around the world while also ushering in a new cohort of users to the cryptocurrency sector. One project involved in gaming and the building of the Metaverse is The Sandbox (SAND),…
Australia’s Commonwealth Bank Lets Customers Trade Crypto Directly Through Its App – Finance Bitcoin News
The Commonwealth Bank of Australia (CBA), the country’s biggest bank, is providing customers with the ability to buy, sell, and hold crypto assets directly through its app. The bank has partnered with crypto exchange Gemini and blockchain analytics firm Chainalysis to provide crypto services. Commonwealth Bank Begins Offering Crypto Services Commonwealth Bank (CBA), also known as Commbank, announced Wednesday that…
Bitcoin Miners Are Selling Less BTC
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. One of the most stable trends over the last few years has been the constant sell pressure on the market from bitcoin miners…
Fridays $540M Ethereum options expiry favors traders with targets at $5K
Ether (ETH) bulls are probably very pleased with the 368% gains accrued so far in 2021 and it seems like not a day passes where the altcoin doesnt hit a new all-time high. Even with Ether on the path to $5,000, there are still plenty of concerns about the network’s capability to absorb the strong demand coming from the decentralized…
DeFi Tool Snapshot Now Using Colony to Rebalance Power in DAO Voting
This story comes out of PubDAO, a decentralized news wire. In a move that could make blockchain-based voting more transparent and democratic, decentralized voting platform Snapshotone of the primary tools Web 3 groups use to poll community sentimenthas partnered with blockchain protocol Colony to integrate its DAO reputation system. Governance tokens are the crypto assets used to decide the future…