This is an opinion editorial by Interstellar Bitcoin, a contributor to Bitcoin Magazine. Whether we like it or not, Bitcoiners still live in a world built on fiat currency. Fiat rules everything around us, from the food we eat to the houses we live in. Until we “burn the ships,” we are not prepared to realize our eventual victory. In…
Billionaire Thomas Peterffy, founder of Interactive Brokers, says he plans to buy more bitcoin if the price of the cryptocurrency hits $12K. However, he remains concerned that bitcoin could “become worthless or outlawed.” Thomas Peterffy on the U.S. Economy and Bitcoin Billionaire Thomas Peterffy shared his outlook for bitcoin and the U.S. economy in an interview with Forbes last week.…
What Is A Bitcoin ATM? A Bitcoin ATM is a machine that buys or sells bitcoin for cash. These ATMs look like traditional ones, but they do not connect to a bank account. Instead, they connect the customer with a Bitcoin exchange. Bitcoin ATMs can be a quick and easy way to buy bitcoin, and they’re also one of the…
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrencies are “very vulnerable to sentiment and prone to collapse.” He urged regulators to “get on with the job” and regulate crypto under the principle of “same risk, same regulatory outcome.” Bank of England’s Cunliffe on Crypto Regulation Sir Jon Cunliffe, deputy governor for financial stability…
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week OpenSea lays off 20% of its staff, citing ‘crypto winter’ Leading NFT marketplace OpenSea…
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 5,700 articles for Bitcoin.com News about the disruptive protocols emerging…
This week in coins. Illustration by Mitchell Preffer for Decrypt While many cryptocurrencies fell over the last seven days, the preceding weeks still were quite a bit worse. And although Bitcoin has dipped about 3.5% over the last seven days to $20,831 as of this writing, Ethereum has added 11.1% over the same period, now trading near $1,357. Notable gains…
Flowcarbon, a project to add the voluntary carbon market to the blockchain, has decided to “wait for markets to stabilize” instead of forging ahead in a frigid crypto winter, according to the Wall Street Journal. The venture from Adam Neumann, who’s worth $2 billion despite steering WeWork off a cliff, raised $70 million in May from a group of investors…
On February 8, 2022, the U.S. Department of Justice (DOJ) arrested a couple that is accused of laundering 94,636 bitcoins stolen from Bitfinex in 2016. The DOJ alleges that the tech entrepreneur, Ilya Lichtenstein, and his wife Heather Morgan, conspired to launder billions of dollars worth of bitcoin. The duo could face 25 years in federal prison if convicted. Five…
Larry David, when asked in a 2009 interview to describe the opening theme to “Curb Your Enthusiasm,” didn’t mince words: “It introduces the idea that you’re in for something pretty idiotic.” Despite the HBO comedy’s six-year hiatus from 2011 to 2017, the jaunty tuba, piano, and mandolin waltz called “Frolic,” written by the Italian conductor and composer Luciano Michelini, continued…
