Satoshi Nakamoto originally invented Bitcoin in 2009 as an alternative to traditional financial systems; like most of us, he1 had seen firsthand the disastrous impact corrupt centralized institutions can have on the world through the 2008 financial crisis. Nakamoto recognized the need for a better system, one that could separate itself from centralized powers and be the backbone of a…
Month: December 2021
Microstrategy CEO Foresees Bitcoin’s Price Reaching $6 Million – Markets and Prices Bitcoin News
The CEO of Microstrategy expects the price of bitcoin to reach $6 million, noting that it is “unstoppable” and will replace gold. The executive personally owns 17,732 bitcoins while his company is hodling 122,478 bitcoins. Microstrategy’s CEO Expects Bitcoin to Hit $6 Million Microstrategy CEO Michael Saylor talked about his bitcoin strategy and BTC price prediction in a recent interview…
Why We Can’t Completely Abandon Fiat For Bitcoin Yet
Should we all go zero fiat? I’ve seen this idea gain prominence on Bitcoin Twitter recently, discussed by people like LaserHodl and Heavily Armed Clown. Personally, I’m open to the idea, and I believe that we all will eventually #GetOnZero. But not just yet. As much as I’d love to live in the hyperbitcoinized world today, we’re not there yet.…
Why Bitcoin Is The Best Christmas Gift
It’s that time of the year where Mariah Carey and Wham! songs blare on speakers across the globe, much to the dismay of retail and hospitality workers everywhere. Christmas is the time of giving and what better gift than financial freedom? Bitcoin As A Christmas Gift One of the biggest challenges for many when buying gifts for those you love…
Coinbase Giving: Half Year in Review
In May 2021, we announced the launch of Coinbase Giving. Coinbase Giving is the operational embodiment of our commitment to Pledge 1%: our promise to dedicate 1% of Coinbase profits, equity, and employee time toward charitable activities that leverage the power of crypto to increase economic freedom in the world. Where we are In the past 7 months we’re proud of what…
Accounting Firm PWC’s Hong Kong Branch Purchases Land in The Sandbox Metaverse – Blockchain Bitcoin News
On Thursday, Pricewaterhouse Coopers’ (PWC) Hong Kong unit announced that it purchased a land site in The Sandbox metaverse. The PWC Hong Kong branch will be the first internationally recognized professional services brand to enter The Sandbox metaverse. PWC Hong Kong Enters the Metaverse While land located next to Snoop Dogg’s Sandbox plot has sold for lots of money and…
Argo Blockchain among most traded stocks by Fidelity customers
Financial services company Fidelity Investments’ U.K. arm reported that over the last 12 months customers were most interested in trading shares of crypto mining firm Argo Blockchain. In a Thursday report, Fidelity said Argo Blockchain ranked third among the top five stocks most actively traded by its customers in 2021 — the others were Rolls-Royce, British Airways owner International Consolidated…
Bitcoin Price Back Above $50,000 Heading Into Christmas Holiday
Bitcoin’s price today broke above $50,000 after struggling for weeks. At the time of writing, the biggest cryptocurrency by market cap was trading for $50,978.58, according to CoinGecko data, up 3.4% in the past 24 hours. It’s still 26.6% shy of its all-time high hit on November 10 of $69,044.77—but the last time it was above $50,000 was 11 days…
3 embroidery artists weave NFT charity drop to help victims of human trafficking
Three embroidery artists — Russia’s Katerina Marchenko, Brazil’s Aline Brant, and Ninni Luhtasaari of Finland — announced Thursday that they will be auctioning their nonfungible token (NFT) art pieces to support Hope for the Future, a registered charity based in Austria. Proceeds from the auction will help victims of human trafficking find entry-level work positions after their harrowing experiences. Katerina…
US lawmaker planning to introduce comprehensive crypto bill in 2022: report
Wyoming Senator Cynthia Lummis, one of the United States lawmakers behind many pro-crypto pieces of legislation, is planning to introduce a comprehensive bill next year to handle digital assets. In a Thursday report, Bloomberg said Lummis’ proposed bill aimed to provide regulatory clarity on stablecoins, guide regulators as to which cryptos belong to different asset classes, and offer consumer protections.…