I don’t know about you, but I’m feeling day 22… Congratulations! You’ve made it past all 21 days and now you’re ready to orange-pill the world. Well, what’s left to talk about? We’ve covered everything from how to invest in bitcoin and how to properly store it, to what Bitcoin can do for the world. Now that you understand why…
Month: December 2021
Bitcoin, Ethereum Down 6% as Uncertainty Around Fed Taper Lingers
Market troubles from last week still haven’t cleared up. As of Monday afternoon, Bitcoin and Ethereum were down about 6% from the previous day, according to CoinGecko. Last week closed with news that Chinese real estate developers Evergrande and Kaisa had missed U.S. dollar bond payments, causing stocks and crypto markets to dip. Analyst and trader Alex Kruger told Decrypt…
Decentralized Social (DESO) is launching on Coinbase Pro
Starting Today, Monday December 13, transfer DESO into your Coinbase Pro account ahead of trading. Support for DESO will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here. Trading will begin on or after 9AM Pacific Time (PT), Tuesday December 14, if liquidity conditions are met. One of the most common requests we…
90% of Bitcoin’s Supply Cap Has Been Issued, Miners Have 119 Years Left to Mine BTC – Bitcoin News
On December 12, crypto advocates celebrated the fact that 90% of the 21 million bitcoins that will ever exist have been mined into circulation. Currently, Bitcoin’s inflation rate per annum is around 1.88%, which is lower than the central banks’ traditional 2% target reference. Furthermore, in 875 days, the network’s inflation rate is expected to drop to 1.1% after 19.98…
German Savings Bank to Offer Bitcoin Trading
The market leaders among German financial institutions are reportedly working on a bitcoin trading feature, which could launch in 2022.The Sparkassen are centuries-old regional institutions with about 370 branches and 50 million customers.The offering would cut down intermediaries and enable Sparkasse customers to trade BTC from their checking accounts. Sparkasse, a German savings bank, is working to implement a bitcoin…
Bitcoin price slips below $47K as stocks, crypto prepare for this week’s FOMC meeting
Bitcoin (BTC) bulls are once again on the defensive foot after the breakout momentum that put the price above $50,000 on the weekend evaporated and pulled the price under $47,000. Analysts say the slight pullback in equities markets and the upcoming Federal Open Market Committee (FOMC) meeting are the primary reasons for today’s pullback and a few suggest that a…
Bored Ape Yacht Club to Launch Play-to-Earn NFT Game
In brief The Bored Ape Yacht Club NFT collection will be turned into a play-to-earn crypto game. Yuga Labs has partnered with Animoca Brands to co-develop the upcoming game. In less than eight months, the Bored Ape Yacht Club has become one of the most valuable and best-known NFT projects around, with celebrities “aping in” to the club, Adidas signing…
National Unity Government of Myanmar Recognizes Stablecoin Tether as Official Currency
In Myanmar, a government led by those faithful to Aung San Suu Kyi—the former state counselor of Myanmar (the de facto title for the head of government)—has recognized Tether as an official currency, per Bloomberg. The National Unity Government (NUG)—as the entity is called—reportedly made its announcement today. Tether will be for “domestic use to make it easy and speed…
5 Crypto Exchanges Custody 1.6 Million Bitcoin or Close to 8% of the Capped Supply – Exchanges Bitcoin News
As of December 12, around 90% of all the bitcoin that will ever exist is in circulation today, and the top five exchanges hold 1.6 million bitcoin. The bitcoin holdings on Coinbase, Binance, Huobi, Kraken, and Okex combined represent 7.96% of the 21 million bitcoin supply cap. The bitcoin held by Coinbase is a whopping 51% of the 1.6 million…
Small Ethereum investors increase exposure as ETH loses $4K level
Ethereum’s native token Ether (ETH) has dropped by over 18% after establishing an all-time high around $4,867 on Nov. 10, now trading near $3,900. Nonetheless, the plunge has not deterred retail investors from buying the token in small quantities. According to data gathered by Glassnode — a blockchain analytics platform, the number of Ether addresses holding less than or equal…