New research by consumer data aggregator CivicScience has found that a growing number of investors are selling their shares to purchase more crypto. The research questions were sent to people over 18 years old in the U.S. at varying times during 2021. The results were weighted by U.S. census data. Each question had between 1000 and 40,600 respondents. Out of…
The world’s top nonfungible token (NFT) marketplace OpenSea has denied it intends to pursue a public listing any time soon. Chief Financial Officer (CFO) Brian Roberts sparked a public backlash this week when he told Bloomberg that “it would be foolish not to think about going public.” The statement caused an uproar among OpenSea’s crypto native NFT community, many of…
Another major cryptocurrency exchange, Bitstamp, has listed shiba inu cryptocurrency. Bitstamp users will be able to trade SHIB against the U.S. dollar and the euro. The announcement came as more trading platforms are listing shiba inu and more stores are accepting the meme crypto for payments. Bitstamp Adds Support for Shiba Inu Crypto Cryptocurrency exchange Bitstamp announced Wednesday that it…
The Reserve Bank of Australia (RBA) published a report into its two-year research project into wholesale central bank digital currencies (CBDCs) that emphasized the benefits of digitizing and autonomizing manual, paper-based banking processes using distributed ledger technology (DLT). The report marks the conclusion of the two-year project named “Project Atom” that was conducted in partnership with the Commonwealth Bank of…
Metaverse and blockchain gaming firm Animoca Brands has revealed that its treasury increased in value by more than five times in just two months. Other income, which includes gains on the more than 100 investments and digital assets in its portfolio, accounted for $529.6 million from January through Sept. 2021. Animoca co-founder and chairman Yat Siu’s Dec. 9 letter to…
In brief Reason Magazine auctioned its first NFT on OpenSea. The auction was held in conjunction with the annual Webathon fundraising event. Bitcoin has deep roots within libertarianism. Now the predominant political philosophy’s prominent publication is getting more hands-on with crypto. In conjunction with its annual webathon fundraising event, Reason magazine has auctioned an Ethereum NFT on the OpenSea marketplace.…
Reddit has launched a waitlist for the upcoming site-wide expansion of its Ethereum-based ‘Community Points’ token rewards program, as well as a dedicated website. The social media platform, which runs on upvotes that earn users’ karma scores, first dabbled in crypto token rewards in Dec 2019, when it launched Ethereum-based token rewards called “Donuts” in the r/Ethtrader subreddit. In May…
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. Today, we’re revisiting a useful on-chain metric, Liveliness, that tracks the accumulation and distribution behavior of HODLers. As a refresher, Liveliness is calculated…
The CEO of Ark Investment Management, Cathie Wood, says that the metaverse can become a multitrillion-dollar market. “It’s a big idea that will probably infiltrate … every sector in ways that we cannot even imagine right now,” she said. Cathie Wood Believes the Metaverse Will Be Multitrillion-Dollar Opportunity Ark Investment Management (Ark Invest) CEO Cathie Wood shared her prediction about…
Identity is a topic of interest in 2021. Taking steps beyond the self-esteem efforts in the 1980s, the self-categorization movement efforts now seek to find empowerment in political agendas based on race, subculture, religion, gender, and/or sexual orientation. The aim, whether merited or not, is to “secure the political freedom of a specific constituency marginalized within its larger context,” according…
