Investor Bill Miller is bullish on Bitcoin (BTC) despite the cryptocurrency touching multi-month lows below $40,000 in early January 2022. Miller no longer considers himself just a “Bitcoin observer” but rather a real Bitcoin bull, as he said in a WealthTrack interview last Friday. The billionaire investor now holds 50% of his net worth in Bitcoin and related investments in…
In a recent job posting by Jack Dorsey’s Block, they are looking to hire a team dedicated to launching the “next generation” of bitcoin mining ASIC. An ASIC (application-specific integrated circuit) is a microchip that is custom-designed for a particular use, rather than one intended for general-purpose use. In this case, Block is setting out to build an ASIC that…
By L.J. Brock, Chief People Officer We’re often asked a version of this question: “What’s it really like to work at Coinbase?” Our culture doc provides a great overall perspective on working here, but I think it’s important to address this question head-on, too. The bottom line: We work incredibly hard at Coinbase — for most of us, Coinbase is the most intense place…
Bitcoin (BTC) fell below the landmark $40,000 mark for the first time since September 2021 on Jan. 10, heightening a rout that began six weeks ago. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bollinger bands step in Data from Cointelegraph Markets Pro and TradingView showed BTC/USD encountering predictable volatility as bears finally steered the market back into the $30,000 zone. The…
Bitcoin (BTC) has had a difficult start to the new year, and it has now fallen below $40,000 for the first time since August 2021. The world’s largest cryptocurrency by market cap dropped by 4.2% in the last day, briefly touching $39,866.71; it’s since recovered slightly to above the symbolically important $40,000 level. Bitcoin has fallen by a total of…
On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes to Expand Terrausd’s Reach Across…
The official digital yuan wallet app that was released as a pilot version to be used in select cities has still managed to top app store charts in its first week. Developed by the Digital Currency Research Institute of the People’s Bank of China (PBoC), the app became available for download on Chinese Android and Apple app stores last Tuesday.…
Dogecoin co-creator Billy Markus has slammed Mozilla for pausing cryptocurrency donations amid environmental concerns. Mozilla, the nonprofit behind the Firefox internet browser, has accepted crypto donations since 2014. Last week, Mozilla tweeted a seemingly innocuous reminder of this fact, but since 2014, the world has become far more aware of the crypto industry’s carbon footprint. As such, the nonprofit has…
press release PRESS RELEASE. XRPayNet is a cryptocurrency built on the XRP Ledger, with an upcoming global team focused on one goal: a globally adopted interface and ecosystem for payment settlements that is suitable for stores, businesses, peer to peer transactions and those who sell products and services. Whilst aiming to challenge existing technology such as Klarna, ClearPay/AfterPay. This will…
The Mozilla Foundation’s back-tracking on crypto has earned a reaction from the creator of the world’s first meme cryptocurrency. On Dec. 31, 2021, Mozilla, the developers of the Firefox internet browser, tweeted that the company was accepting cryptos like Dogecoin (DOGE), Ether (ETH), and Bitcoin (BTC) as donations, along with a Bitpay donation link. However, less than a week later, the campaign…
