Listen To This Episode: Lamar Wilson, freedom maximalist, OG Bitcoiner and founder of Black Bitcoin Billionaires (the largest Bitcoin-based club on Clubhouse) joined C.J. Wilson on this week’s episode of “Bitcoin Bottom Line.” The two sat side by side in Austin, TX, taking a break from writing a book together (along with others) that focuses on how to change the…
Africa Blockchain Lab recently said it has raised $6 million from a pre-Series A investment round and will use the capital to fund the launch of a crypto wallet. Driving Adoption of Cryptocurrencies An African crypto startup, Africa Blockchain Lab, recently confirmed it has received $6 million from a pre-Series A investment round. The round was led by a consortium…
British telco giant Vodafone has reportedly plans to auction the world’s first Short Message Service (SMS) in the form of a nonfungible token (NFT) on Dec. 21. The SMS, that reads “Merry Christmas”, was sent 29 years ago over the Vodafone network on Dec 3, 1992, and was received by Richard Jarvis, an employee at the time. The historic 15…
Ray Dalio, the billionaire hedge fund manager and founder of Bridgewater Associates, believes Bitcoin has “some merit,” in a recent interview with MarketWatch. “I’m not an expert on Bitcoin, but I think it has some merit as a small portion of a portfolio,” Dalio said. Dalio previously said in May of this year that he owns some Bitcoin. “It has…
We’ve been keeping track of Weimar signs in this rag since April of last year when it became evident that we were headed into an extended lockdown that included artificially restricted economic activity and money printing. Yesterday’s rag was an example of a Weimar sign because it highlights the fact that the administration currently in charge of the federal government…
A Cornell University economics professor says that the promise of decentralized finance (defi) using blockchain technology is real but bitcoin may not last that much longer. Nonetheless, he admitted bitcoin “has really set off a revolution that ultimately might benefit all of us either directly or indirectly.” Economics Professor Doubts Future of Bitcoin, Praises Defi Eswar Prasad, professor of economics…
On Dec. 15, Genius Yield, a decentralized automated market maker and liquidity management protocol built on the Cardano (ADA) blockchain, announced the launch of its initial stake pool offering, or ISPO. The fundraising will continue for six months until June 15, 2022. At the time of publication, more than 95.8 million ADA, worth approximately $118 million at the time of…
In brief Video game publishers have been trying to incorporate NFTs into their titles. Some gamers are unhappy. S.T.A.L.K.E.R. 2: Heart of Chernobyl, sequel to first-person shooter game S.T.A.L.K.E.R., has cancelled its in-game NFT plans after receiving negative criticism on social media, largely from the gaming community. It’s the latest example of gamers rising up against NFTs—blockchain-based tokens representing ownership…
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. We have mentioned the cost basis ratio of bitcoin’s long-term holders (LTH) and short-term holders (STH) a numerous amount of times in our…
Authorities in Russia are discussing two very different approaches to the regulation of cryptocurrencies and related activities. While the Bank of Russia is reportedly seeking to introduce a ban on buying crypto assets, lawmakers are moving forward with efforts to adopt rules for mining, exchange, and taxation that would effectively legalize cryptocurrencies. Russian Officials Debate Over Alternative Crypto Regulations Russian…
