Clamping down on crypto applications that “mess with the primal forces of regulation” is necessary, says Shark Tank host and millionaire venture capitalist Kevin O’Leary, who argued that Tornado Cash and similar services are preventing real institutional capital from coming into the space. In a discussion on Crypto Banter on Saturday, O’Leary, also known as Mr. Wonderful, suggested that applications…
Skybridge Capital is “pretty optimistic” about bitcoin and ethereum over the next 12 to 24 months. The global asset management firm’s founder explained that the world’s largest cryptocurrency could reach $300K in six years, urging investors to “just relax” and “stay long-term.” Skybridge Optimistic About Bitcoin and Ethereum Anthony Scaramucci, founder and managing partner at global asset management firm Skybridge…
This is an opinion editorial and transcript by Will Schoellkopf, host of the “It’s So Early!” Bitcoin podcast. Bitcoin Magazine contributor Stephen Chow transcribed a Bitcoin podcast episode of “It’s So Early!” between host Will Schoellkopf and fellow Bitcoin Magazine contributor Mark Maraia. They introduce their new Telegram group where they’ve created a market for Bitcoiners to include in their…
Watch This Episode On YouTube Or Rumble Listen To The Episode Here: Sam Callahan: In terms of the deflation right now, real estate just uses a pseudo-store of value because the money’s broken. As Bitcoin comes into view with the deflationary nature, if you study “When Money Dies” and when they’re all denominated in dollars, all these houses, all these…
This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by the Bitcoin Policy Institute’s policy director, Jason Brett, to talk about what legislation is in the works and what not to do as a politician. Watch This Episode On YouTube Or Rumble Listen To The Episode Here: Jason…
This is an opinion editorial by Dion Guillaume, international head of PR and communications at Gate.io. Over the last decade, exchanges have played an important role in making Bitcoin accessible to the masses. As more and more platforms face bankruptcies and insolvencies, and regulators start to aim for exchanges across the world, these platforms are facing an uphill battle. Gate.io…
In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s proof-of-work (PoW) miners will be forced to mine another coin. So far, it seems ethereum miners are sticking with the PoW Ethereum chain until the very end as profits have increased. While Ethereum will change the consensus ruleset, a great…
Crypto’s top “meme coins” didn’t take the weekend off, with both Shiba Inu (SHIB) and Dogecoin (DOGE) seeing notable gains on Sunday. Shiba Inu jumped more than 30 percent by midday, according to CoinMarketCap, rising from $0.00001516 in the early morning to as high as $0.00001774. Trading volume over the previous 24 hours is $3.41 billion. SHIB is $0.00001671 as of…
Shiba Inu (SHIB) broke out of its prevailing “cup-and-handle” pattern on Aug. 14, raising its prospects of securing additional gains in the coming weeks. Shiba Inu could soar 50% A cup-and-handle appears when the price falls and rises in a U-shaped trajectory in the first stage, followed by a swift move sideways or downward in the second. Notably, the price…
2022 has been the year of broken stablecoins as a myriad of dollar-pegged crypto assets depegged from their dollar value this year. On August 14, the Polkadot-based stablecoin alpaca usd (AUSD) dropped below a U.S. penny in value, only to bounce back to the $0.95 region hours later. Reports say that the Acala protocol was compromised and an attacker managed…
