Mable Jiang, a partner at Multicoin Capital, noted down her new understanding of NFTs on Twitter. With the popularity gained recently, NFTs can be seen as a new form of value storage and transmission, compared to how they were viewed six months ago. Mable states that NFTs should be categorized concerning a specific medium instead […]
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Bitcoin Might Take a Bearish Turn Says One Of China’s Top Miners
In an interview with Chinese journalist Colin Wu (@WuBlockchain), Jiang Zhuoer, a Chinese bitcoin miner, said that bitcoin might turn bearish as the traditional economy recovers. Wu took to Twitter to summarize his interview, saying, “Jiang Zhuoer, one of China’s big miners, told WuBlockchain that according to the latest multiple model studies, the fastest will […]
FATF Recommends Heightened Restrictions On Virtual Assets And Service Providers
In its updated guidance on virtual assets and virtual asset service providers, the FATF recommends requiring more strict KYC/AML measures. The Financial Action Task Force (FATF) has updated its “Guidance for a risk-based approach to virtual assets and VASPs.” Previous FATF guidance, released in 2015 and updated in 2019, has recommended regulating virtual assets in […]
SkyBridge Capital Files For Bitcoin ETF
SkyBridge Capital, founded by Anthony Scaramucci, is the latest to file for regulatory approval to offer a bitcoin exchange-traded fund. In the latest within a growing trend, SkyBridge Capital has filed for regulatory approval with the U.S. Securities and Exchange Commission (SEC) to offer a bitcoin exchange-traded fund (ETF). In an S-1 filing dated on […]
Bitcoin Miner Greenidge Generation To Go Public Through Merger With Support.com
Greenidge expects the merger to make it the first self-sufficient power generating bitcoin mining operation to the stock market. Greenidge Generation Holdings Inc, parent company of Greenidge Generation LLC, a vertically-integrated bitcoin mining operation, announced today that it plans to go public via a merger with Support.com (Nasdaq: SPRT). The agreement would be the first […]
Tropic Square Receives $4.7 Million To Develop Open-Source Security Chip
Tropic Square, a subsidiary of SatoshiLabs, announced $4.7 million in funding for its work on the first-ever open-source security chip. Earlier today, Prague-based crypto security startup Tropic square, a subsidiary of SatoshiLabs, announced that it received a 4 million euro (about $4.776 million) investment to propel its work on the first-ever open-source security chip. The […]
Bitcoin Wallets For Beginners: From Zero To Self Custody Of KYC-Free BTC
Bitcoin Magazine’s “Bitcoin Wallets For Beginners” series covers everything you need to know about obtaining and securing your bitcoin in a safe and private way. This article is designed to explain the importance of self-custody and the dangers of know your customer (KYC) regulations; to demonstrate to Bitcoin beginners how to install, secure and use […]
On-Chain Update: Price Drop Causes And Long-Term Metrics
After a volatile week for bitcoin’s price, what can on-chain data tell us about the price drop, long-term HODLers, liquidity and more? Another volatile week in the books for bitcoin, with the price ranging between a new all-time high of $61,788 down to $53,221. There are several developments on chain that are worth diving into. […]
What Could Happen To The Price Of Bitcoin As Coinbase Goes Public?
As Coinbase is set to go public via direct listing, how will Bitcoin (and the BTC price) be impacted? 2021 is shaping up to be a landmark year for the cryptocurrency landscape. While bitcoin is continuing to discover new all-time price highs, one of the industry’s leading exchanges, Coinbase, is set to go public via […]
Trust, That We Need More Of
Bitcoin grants individuals the chance to create more trust through the rebuilding of social capital and economic stability. (This article is part of a two-article series from Karo Zagorus. The previous article in the series can be found on Citadel21.com in Volume 10 under the name “Trust, The Lack Of.”) Fiat money has evolved into […]