Understanding exactly what about the Bitcoin network implementing Taproot changes is necessary for understanding why the changes were needed. Taproot is the combination of many Bitcoin Improvement Proposals (BIPs) resulting in a soft fork of Bitcoin’s blockchain. A soft fork is a proposed upgrade that over time is adopted as the only blockchain, meaning the old one will cease to…
In brief The NFLs New England Patriots have signed with crypto fan token maker, Socios. The multi-year marketing partnership also includes MLS team the New England Revolution. Socios, the biggest player in the multi-billion-dollar crypto fan token market, has just aligned with one of the NFLs biggest teams. Today, Socios announced a marketing deal with Kraft Sports + Entertainment, owners…
Watch This Episode On YouTube Listen To This Episode: This week on “Bitcoin Bottom Line,” co-hosts “Bitcoin Ambassador” C.J. Wilson and “Chart Master” Steven McClurg discuss the exciting, active times in the Bitcoin space. Don’t miss the video version of this episode. Wilson shared a behind-the-curtain peek into his recent meetings with Senator Ted Cruz and other key political figures…
Two days ago on November 10, a mystery whale transferred 20 block rewards from 2010, which saw the movement of 1,000 decade-old bitcoins worth $68 million at the time of transfer. Two days later on November 12, the miner from 2010 returned once again, in order to transfer another string of 20 block rewards from 2010 worth roughly $64 million…
Bitcoin peer-to-peer (P2P) exchange LocalBitcoins has launched a mobile app for iOS devices, the company said in a statement sent to Bitcoin Magazine. The application seeks to facilitate bitcoin trading as users can use their phones instead of a computer. LocalBitcoins launched an app for Android devices less than a month ago. “During 2020, LocalBitcoins welcomed 1.7 million new customers…
Dogecoin (DOGE) was the original meme coin, but since its rise to prominence, a number of rival dog-themed cryptocurrencies have emerged as challengers for its crown, including Doge Cash, Akita Inu, and Dogelon Mars. Leading the pack is Shiba Inu (SHIB), which exploded onto the scene in 2021, jockeying for position with Dogecoin as top dog. Since its creation in…
The U.S. Securities and Exchange Commission, or SEC, has officially disapproved asset manager VanEcks spot Bitcoin exchange-traded fund months after the firm submitted its application. According to a Nov. 12 filing, the SEC rejected a proposed rule change from the Cboe BZX Exchange to list and trade shares of VanEcks Bitcoin (BTC) Trust. Specifically, the SEC said any rule change…
By Rishav Mukherji, Senior Product Manager, Coinbase Many of our customers are looking for ways to better understand crypto both as an investment and as an app platform, but it can sometimes be challenging to find relevant information at the right time. Coinbase wants the crypto community to be an active part of this education effort. We want to help self-empower…
In brief Coinbase users can now share price charts or their portfolios on social media platforms The move makes Coinbase more like social-focused Venmo or Public Coinbase announced new social media features on Thursday that will allow users to share images of price charts or their portfolios on platforms like Twitter and Instagram. In a blog post describing the features,…
Following a series of delays, the U.S. Securities and Exchange Commission today rejected investment firm VanEck’s application to launch an exchange-traded fund that tracks the price of Bitcoin. This story is developing and will be updated. Source link
