In mid-October 2021, Twitter founder Jack Dorsey revealed the payments firm Block Inc. (formally Square) was considering joining the bitcoin mining industry. Three months later, Dorsey tweeted that his firm was “officially building an open bitcoin mining system.” The Block’s Hardware General Manager: ‘We See Bitcoin Mining as a Long-Term Need for a Future That Is Fully Decentralized and Permissionless’…
Month: January 2022
‘AWS for Web3’ Pocket Network Shakes Up Infrastructure of the Internet – Press release Bitcoin News
press release PRESS RELEASE. Tampa Bay, Florida, U.S.A – 16th January 2022 – Pocket Network – an infrastructure middleware protocol which facilitates decentralized cloud computing and abundant bandwidth on full nodes interoperable with DApps across all 21+ blockchains surpasses milestone 20,000 full nodes, answering a real and conceptual question around decentralization viability. Pocket Network incentivizes a global community of independent…
3 reasons why Harmony (ONE) rallied back to its all-time high this week
Bitcoin price is still a ways from its $69,000 all-time high but this isn’t stopping altcoins from moving toward new highs. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $0.13 on Dec. 4, the price of Harmony (ONE) has risen 163% to establish a new all-time high of $0.38 on Jan. 14 ONE/USDT 1-day…
Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates – Economics Bitcoin News
The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason to Adjust Interest Rates Despite Eurozone Inflation Reaching 5% Annual inflation in the area…
Top 5 cryptocurrencies to watch this week: BTC, NEAR, ATOM, FTM, FTT
If Bitcoin breaks above $45,500, select altcoins like NEAR, ATOM, FTM and FTT could turn bullish in the short-term. Source: https://cointelegraph.com/news/top-5-cryptocurrencies-to-watch-this-week-btc-near-atom-ftm-ftt
Bitcoin And The Monetary Chakras
Editors note: some descriptions and other phrases are translated from this source. Introduction Fiat currencies on the one hand and Bitcoin on the other are designed in a very different way. I will argue that the differences in their design will be reflected in different psychological effects in their users, often completely unconscious. In other words, the use of a…
Habits Of Highly Effective HODLers
As the title suggests, I’ll go over what I believe makes a good Bitcoiner with the hope of persuading you that being a HODLer is actually an important job that entails certain responsibilities. The outline roughly will be: The philosophical prerequisites of the HODLer’s mindsetImpediments to adopting a personal bitcoin standardPractical takeaways Let’s go. We have an important role as…
Foam Shoe Giant Crocs Files NFT and Digital Collectibles Trademark Application – Bitcoin News
According to a recent trademark application, Crocs, the American shoe company based in Colorado may be delving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes and the application describes a protocol that can manage and store digital collectibles. Crocs Trademark Filing Describes ‘Downloadable Virtual Goods Created With Blockchain Technology,…
$2.5 Billion in NFT Sales This Week, Volume Climbs 161%, Meebits NFT Sales Surge – Markets and Prices Bitcoin News
During the last seven days, there’s been $2.53 billion non-fungible token (NFT) sales, up 161% over the past week. Ethereum’s blockchain recorded the most NFT sales with $2.45 billion of the aggregate while the Solana network saw around $31.9 million in NFT sales this week. Across 258,536 NFT buyers this week, the NFT collection Meebits captured $1.23 billion in NFT…
AI-generative art predicted to be next trend for NFT sector
Sales of nonfungible tokens, or NFTs, reached $25 billion in 2021, demonstrating that the sector is one of the most sought-after markets in crypto. Art NFTs, in particular, made a big impact last year with Christie’s reporting over $93 million in nonfungible token sales during its fourth annual Art+Tech Summit that took place this past August. While notable, much of the…