The below is a direct excerpt of Marty’s Bent Issue #1116: “The emergence of bitcoin native bonds.” Sign up for the newsletter here. As I’m sure some of you freaks are aware of already, the country of El Salvador has announced they will be issuing a $1B bond via the Liquid Network leveraging the expertise of Blockstream and Bitfinex. The…
The chairman of Australia’s Securities and Investments Commission (ASIC) says crypto is “being driven by extraordinary consumer and investor demand,” noting that “The implications for consumers are potentially huge.” The securities regulator is currently working with lawmakers to develop rules for cryptocurrencies. Regulator Sees ‘Extraordinary Consumer and Investor Demand’ for Crypto Australian Securities and Investments Commission (ASIC) Chair Joe Longo…
The team behind the Floki Inu (FLOKI) token — inspired by Elon Musk’s pet dog of the same name — has signed a sponsorship deal with Italian football giant S.S.C. Napoli. S.S.C Napoli was founded in 1926 and is one of the most popular professional teams in Italy. The historic club won its first Serie A title in 1987 led…
South Korean government officials have created confusion this year with conflicting announcements regarding a possible repeal or amendment of the upcoming crypto tax set to come into effect in 2022. Throughout 2021, debate has increased in intensity in the National Assembly, South Korea’s legislature, about whether, or how, to amend the crypto tax. If unchanged, the tax will levy a…
In brief Movie theater chain Regal is now accepting cryptocurrency payments via the Flexa platform. Rival chain AMC recently enabled crypto payments and is exploring launching its own crypto token. Movie theater chain AMC recently added cryptocurrency payments on the back of its meme stock saga success from earlier this year, and now competitors are following suit: rival chain Regal…
Lancium, a tech company focused on bitcoin mining, has raised $150 million to expand its renewable energy-run business model across Texas, CNBC reported. The Houston-based firm develops software and technology to frictionlessly regulate bitcoin mining operations’ uptime based on energy prices and grid load. A common issue with renewable energy farms, demand and supply imbalances provoke price volatility and inconsistent…
Ripple CEO Brad Garlinghouse says that he expects the lawsuit over XRP by the U.S. Securities and Exchange Commission (SEC) to come to a conclusion next year. The executive explained: “We’re seeing pretty good progress despite a slow-moving judicial process.” Ripple’s CEO Is Hopeful the SEC’s Lawsuit Over XRP Will Conclude Next Year Ripple CEO Brad Garlinghouse discussed the lawsuit…
After five days of uncertainty, the decentralized autonomous organization ConstitutionDAO announced today it will be shutting down operations, turning its Discord community to read-only and leaving its Juicebox funding portal open only for contributors to claim refunds. “We believe this project has run its course,” the ConstitutionDAO website now states. The DAO was formed earlier this month with the goal…
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. Over the weekend, the president of El Salvador, Nayib Bukele, and Blockstream announced the issuing of a $1 billion U.S. “Bitcoin Bond” on…
sponsored Nowadays, there are so many different viable ways of earning money through the usage of cryptocurrencies. In the past, many traders would have preferred to simply hold on to their coins or ‘hold’ for as long as possible in order to get substantial returns on their investments. However, as time went on, new methods such as mining, staking, farming,…
