Bitcoin Magazine’s YouTube channel was restored around three hours after being shut down, with the publication attributing the short ban to the YouTube algorithm flagging the word “Kazakhstan.” In a Jan. 12 Twitter post, Bitcoin Magazine noted that its YouTube account with 56,600 followers was banned in the middle of a livestream with no prior warning from the platform. “Our…
Bitcoin’s price has come down from all-time highs hit on November 10, 2021, and many of the publicly-traded bitcoin mining stocks saw their prices drop along with it. Marathon Digital Holdings (MARA) was no exception to this rule. Corporate Growth Its last two earnings reports were not its strongest showing, but Marathon did have a strong year in 2021 overall.…
Doubleline Capital CEO Jeffrey Gundlach, also known as the “Bond King,” has warned about “a recession in the later part of this year.” He also advised against buying bitcoin at the current level. “Maybe you should buy it at $25,000,” he said. Billionaire ‘Bond King’ Jeff Gundlach on Recession, Bitcoin, and the Fed Raising Interest Rates Billionaire fund manager Jeff…
In brief The Republic of Palau announced a partnership with Cryptic Labs. The partnership will create a digital residency program for global citizens to the island nation of Palau. The Republic of Palau announced today its partnership with Cryptic Labs to launch a digital residency program using the latter’s Root Name System. Palau President Surangel S. Whipps, Jr. signed the…
I am part of a subset of Local Union (ATU1555) based out of Oakland, California, proposing that our union allocate a percentage of our treasury and monthly union dues to bitcoin. I wish I could take credit for the original ATU1555BITCOIN idea, but I cannot. After our tenth or probably more like twentieth bitcoin breakroom discussion, the former president of…
In brief The price correlation between crypto and stock markets is increasing. This poses a risk to countries with heavy crypto adoptions, say three IMF economists. For roughly a decade, Bitcoin and other cryptocurrencies were treated as hedges against other types of assets, such as stocks. But post-COVID, the prices of crypto assets are increasingly mirroring equities as more people…
The Republic of Palau and blockchain development firm Cryptic Labs announced the launch of the Root Name System (RNS), a digital residency program on Tuesday. To inaugurate the partnership between Palau, Cryptic Labs and the sovereign-backed digital residency program, Palau’s President Surangel S. Whipps Jr. signed an agreement to grant “all global users” digital residency through the RNS under the country’s…
In brief The NFT market is hot so far in 2022, with leading marketplace OpenSea on track for a record-setting month of trading volume. However, crypto prices are widely down so far this year, highlighting a growing divergence between the markets. While Bitcoin, Ethereum, and many other top coins are rebounding today, it’s been a rough start for the cryptocurrency…
The Central Bank of Iran, or CBI, and the Ministry of Trade have reached an agreement to link the CBI’s payment platform to a trade system allowing businesses to settle payments using cryptocurrencies, the Mehr News Agency reported Monday. Alireza Peyman-Pak, Iran’s deputy minister of Industry, Mine and Trade and head of Iran’s Trade Promotion Organization, or TPO, said that…
New data shows that Bitcoin (BTC) miners are hoarding more coins than at any time in the past five months, which could be a fresh signal that the current prices are not for selling. Analyzing its miner net position change indicator on Jan. 11, on-chain analytics firm Glassnode revealed what popular Twitter account Bitcoin Archive described as “massive” accumulation by…
