In previous bull market cycles, there has been a measurable correction before a rally at the end of the year — and if history rhymes it could be on the cards again. We’ve certainly experienced the correction: Bitcoin hit an all-time high of around $69K on Nov. 10 and has retreated around 17% to current levels. Some mainstream media outlets…
Cryptocurrency exchange Binance has explained its dogecoin issue which resulted in withdrawal suspension and Tesla CEO Elon Musk calling the problem “shady.” The exchange says it was a “rare issue” and no one was at fault. Binance’s ‘Rare’ Dogecoin Issue, Withdrawals Resumed Binance explained its dogecoin problem Monday, stating: What began as a fairly straightforward upgrade, turned into an issue…
When Tony Richards, the Head of Payments Policy at the Reserve Bank of Australia (RBA), read the recent survey results from Finder’s Crypto Report saying that almost one in five Australians owned crypto, he didn’t believe it for a second. However, the results had already been widely published around the country, gracing headlines for weeks. They even made their way…
Negative freedom (also known as liberal freedom) is freedom from interference. There can be a master (a king, central authority, government, etc.), but as long as the master is benign and does not interfere, you are considered free. To secure negative freedom, you need positive freedoms, but not for the same reasons as liberal thinkers have understood them. Defining freedom…
A leading tech-focused retailer, Newegg, has announced its support for the meme cryptocurrency shiba inu (SHIB) with the launch of a massive billboard ad campaign. Newegg says it is set to accept shiba inu for payments in early December, which would be sooner than when AMC Theatres plans to add SHIB. Newegg Launches Massive Ad Campaign for Shiba Inu Major…
Grayscale Investments has fired back a the U.S. Securities and Exchange Commission (SEC) over the recent rejection of VanEck’s spot Bitcoin ETF application. The operator of the Grayscale Bitcoin Trust (GBTC) issued a letter to Secretary of the SEC, Vanessa Countryman, on Nov. 29 to argue the SEC is wrong to reject spot Bitcoin ETFs since it has now approved…
Ethereum (ETH) developers have put out a call to the community to help test the long awaited Merge between the Ethereum Mainnet and the proof-of-stake (PoS) based Beacon Chain. The Merge is a major milestone towards the transition to Eth2 as it will see the Ethereum network become a PoS blockchain, decreasing its energy consumption by 99%. On Nov. 29…
In brief Spice DAO raised $11.8 million to finalize the purchase of the famed “Dune Bible.” The DAO’s co-founder put up $2 million of his own funds to win the auction. Here’s a quick conundrum. Does the person paying the mortgage own the house, or is it really the property of the bank? Here’s another one: Do viewers own the…
The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. This year has been an impressive one for proving how much value the Bitcoin network can settle and how efficiently it can do…
Major cryptocurrency exchange Crypto.com continues expanding its crypto on-ram and off-ramp solutions with a new partnership with the California state-chartered bank Silvergate. Crypto.com announced on Tuesday that it is working with Silvergate to allow institutional clients to deposit and withdraw from the exchange using the U.S. dollar (USD). According to the announcement, bank transfers to and from the Crypto.com exchange…
