In brief In a commercial, actor Matt Damon says, “Fortune favors the brave.” He’s talking about buying cryptocurrency. Those highly attuned to the crypto space have been seeing Matt Damon’s face on Crypto.com ads since late October, when the Oscar-nominated actor first appeared as the pitchman for the spot and derivatives exchange. In the ad, Damon tells viewers that “fortune…
All generations have rich nostalgia for the decade of their childhood. Our coming of age is our purest time. And for the millennials, it’s probably best encapsulated by the 1990s. The 90s are milk and honey for us. We remain so fond of the music, the TV and cinematic treasures, our first AOL experiences and the quintessentially middle class comfort…
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging…
In brief The Ethereum co-founder took to Twitter to recap and update previous views. During the tweetstorm, Buterin shared a not-so-flattering take of Bitcoin Cash. Ethereum co-founder Vitalik Buterin took to Twitter on New Years Day to highlight some of what he’s written and said about the blockchain space over the last 10 years and how those views have evolved.…
Home bitcoin mining is enjoying a wave of popularity right now as would-be bitcoiners recognize all the positive spin-offs of mining at home: home heating, greenhouse projects, and being a part of the bitcoin revolution. As 2021 draws to a close, Bitcoin Magazine has been checking in with a few of the companies in the bitcoin mining space to get…
To celebrate the Bitcoin network ‘s 13th anniversary, Cointelegraph gathered birthday messages from industry players to mark the occasion. Following a hash rate all-time high, Bitcoin (BTC) has officially reached its adolescent years and industry experts weigh in on its future. Beimnet Abebe, VP of Principal Trading at Galaxy Digital: “13 years ago Bitcoin was released. Although its creation garnered little fanfare,…
Polymarket, a cryptocurrency betting website, was today hit with a $1.4 million fine by the Commodity Futures Trading Commission and ordered to shut down by January 14. The regulatory body said in a statement Monday that Polymarket offered “off-exchange event-based binary options contracts” and “failed to obtain designation as a designated contract market (DCM) or registration as a swap execution…
Bitcoin is providing better protection from inflation than gold, a Wharton finance professor said.Jeremy Siegel added that Bitcoin has replaced gold in the minds of younger investors.The peer-to-peer money outperformed gold by a large margin last year, rising by almost 60% while the metal lost 5% of its value. Bitcoin is acting as a better inflation hedge than gold and…
The bearish pressures facing the cryptocurrency market at the end of 2021 have continued into the first week of 2022 after the price of Bitcoin (BTC) dropped below $47,000 on Jan. 1 and the asset still faces stiff headwinds on the shorter timeframe charts. Data from Cointelegraph Markets Pro and TradingView shows that, after climbing above $47,500 to start the new…
Cycling On-Chain is a monthly column that uses on-chain and price-related data to better understand recent bitcoin market movements. This eighth edition provides a year in review for 2021 and then assesses what current trends look like going into 2022. A Year Of Modest Growth The bitcoin price opened the year at $27,346 (on Kraken) and actually never looked back.…
