The White House has reportedly begun interviews with possible candidates to fill the empty seats on the board of governors of the Federal Reserve System in 2022. According to a Wednesday report from Bloomberg citing people familiar with the matter, U.S. President Joe Biden is considering qualified candidates including Federal Reserve Bank of Atlanta President Raphael Bostic, former Consumer Financial…
Month: December 2021
Silk Road Founder Ross Ulbricht to Launch NFT Collection on Ethereum
In brief The Silk Road founder is launching a line of NFTs. The collection will chronicle points in Ulbricht’s life. Ross Ulbricht, the founder of the defunct Silk Road marketplace, announced via a Medium post that he is auctioning a line of NFTs detailing various points in his life, from childhood to his time in prison. Minted on Ethereum, the…
Discussing Bitcoin Businesses And Bitcoin Entrepreneurship
Watch This Episode on YouTube Watch/Listen To This Episode: Read The Full Transcript Below: John Carvalho (00:13): Obviously I know very well your involvement and my involvement too, I guess, with Bitcoin Uncensored. Did you do any other Bitcoin projects? I don’t know how closely you were involved with Counterparty or helping with that, but did you do anything else…
Biconomy (BICO) is launching on Coinbase
Starting today, Biconomy (BICO) is available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store BICO in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Trading for these assets is also supported on Coinbase Pro. Biconomy (BICO) is an Ethereum token powering Biconomy, a network that aims…
Bank of America Sees Massive Opportunity in Metaverse for Entire Crypto Ecosystem – Metaverse Bitcoin News
Bank of America’s strategist says that the metaverse is a massive opportunity where cryptocurrencies will be widely used as currencies. “I definitely believe this is a massive, massive opportunity,” he said. Bank of America’s Metaverse Prediction Bank of America’s strategist, Haim Israel, told the Insider Tuesday that the metaverse is a massive opportunity for blockchain technology. In addition, he expects…
NFT drop causes glitch in The Matrix, FTX.US adds Ethereum NFTs, token Baby Sharks…
The Matrix’s NFT revelations Soaring demand for the Warner Bros.’ Matrix NFT avatar drop on Nifty’s this week caused the website’s purchasing page to crash. Earlier this month, the film studio announced it would be dropping 100,000 unique Matrix-inspired avatar NFTs for $50 each as part of a promotional campaign for the new Matrix Resurrections film set to hit cinemas…
Square Changes Name to Block, Reflecting CEO Jack Dorsey’s Bitcoin Endeavors
When Jack Dorsey resigned as Twitter CEO this week to focus on his other company—financial payments firm Square—many wondered what it would mean for both businesses’ crypto ambitions. Dorsey today subtweeted at least some of that answer. Square has announced it is renamed itself Block in an apparent reference to blockchain—the technology that undergirds Bitcoin. Not that the company is…
Bitcoin Market Hangs Fear And Hope
December 1, 2021 Cycling On-Chain is a monthly column that uses on-chain and price-related data to better understand recent bitcoin market movements and estimate where we are in the cycle. This seventh edition first addresses several on-chain and derivatives-related metrics to gauge the current bitcoin market structure. Then, it discusses two developing narratives that are introducing some fear into the…
This simple Bitcoin options strategy lets traders profit while also hedging their bets
For traders who are undecided on Bitcoin’s (BTC) move, the “long condor with call options” yields optimal results with very low risk. This strategy offers protection down to $53,500, which would be a 7% downside move from the current $57,600, and returns a positive outcome up to $67,500. Options markets provide more flexibility to develop custom strategies. Unlike futures, there…
Facebook Reverses Crypto Ad Ban Following Metaverse, NFT Push
Expect your aunts and uncles to start asking you a lot more questions about Bitcoin and NFTs. That’s because Facebook, the most-popular social media application in the U.S. among older adults, said today it would no longer prevent most cryptocurrency advertisements from appearing on the site. “We’re doing this because the cryptocurrency landscape has continued to mature and stabilize in…