Cryptocurrency exchange FTX, has secured an advertisement spot in one of the most watched events in America the championship game of the National Football League, to be held in Feb. 2022 According to a report in Bloomberg, FTX purchased an ad in this years Super Bowl LVI motivated by the wide reach of the audience. The Super Bowl is invariably…
Elon Musk’s electric car company, Tesla, has informed the U.S. Securities and Exchange Commission (SEC) in a quarterly filing that it may restart the practice of transacting in cryptocurrencies for its products and services. Tesla suspended accepting bitcoin in May, citing environmental concerns. Tesla May Resume Accepting Bitcoin, SEC Filing Shows Tesla Inc. filed a quarterly report with the U.S.…
Robinhood shares (HOOD) have fallen sharply on the back of the firms Q3 results which posted lower than expected crypto trading revenue. The popular retail trading firm published its Q3 report on Oct. 26, with crypto accounting for $51 million (19%) of the total $267 million worth of transaction-based revenue in the quarter. The release of the report on Tuesday…
In a previous piece I argued that Bitcoin provides society with the strongest possible truth-based foundation from which to build upon and that therefore its widespread adoption is necessary for life on earth to take its next great leap forward. I believe this leap forward will be driven primarily by strengthening human connections thus resulting in a stable matrix of…
Coinbase CEO Brian Armstrong says the SEC v. Ripple case “seems to be going better than expected.” He added that the U.S. Securities and Exchange Commission “is realizing that attacking crypto is politically unpopular.” Coinbase’s CEO on the Ripple Lawsuit, SEC Attacking Crypto The CEO of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, commented on the enforcement action against Ripple…
The People And Events Who Have Shaped Today’s Federal Reserve Monetary System | Part I This piece will delve into the creation of the Federal Reserve System, and the people and events who have shaped the monetary system into what it is today. Before we get started, one simple question that must be answered is, “What is the Federal Reserve…
In brief Valve recently banned blockchain-based games with crypto and/or NFT elements from the Steam marketplace. Fight for the Future and game developers have posted an open letter to Valve and are pushing for the ban to be reversed. Steam is the largest digital marketplace for PC games, but it wont be where you find blockchain-based games with NFT assets…
German authorities are auctioning bitcoin seized from the darknet in cybercrime cases. The auction website reportedly experienced high traffic to bitcoin listings, with 4,000 new registered users over the past few days. German Government Auctioning Seized Bitcoin The Justice Ministry of North Rhine-Westphalia, Germany’s largest state by population, announced Monday an auction of bitcoin seized from criminal cases. Justiz Auktion,…
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. Relevant Articles: The Daily Dive #070 – Short-Term:Long-Term Cost Basis Ratio The Daily Dive #083 – Bitcoin All Time High The Daily Dive…
Solana (SOL) price is meeting resistance near its all-time high again, but solid fundamentals and the impressive growth of its decentralized finance (DeFi) and non-fungible token (NFT) ecosystem are likely to drive the altcoin above $250 before year-end. SOL/USDT 1-day chart. Source: TradingView Institutional investor interest is likely a key factor behind Solanas impressive 490% gain since August. For example,…
