The world’s largest auction house, Christie’s, will be presenting Bitcoin artwork for the first time. Block 21 of “Portraits of a Mind,” an art project showcasing the original Bitcoin code by Satoshi Nakamoto, will include a painting and a unique digital non-fungible token. Bitcoin Artwork Arrives at Christie’s Robert Alice, a blockchain art project, announced Wednesday the sale of a key artwork in the series entitled “Portraits of a Mind” at Christie’s, the world’s largest auction house. Portraits of a Mind is “a global art project to decentralise the founding…
Day: September 24, 2020
DeFi Overtakes Ethereum In The Media, Data Shows
Ethereum is the primary cryptocurrency benefiting from the DeFi trend. And while a rising tide lifts all boats, the demand for the top-ranked altcoin is second-to-none. And while Ethereum is dominating the crypto market right now, its DeFi that is dominating the headlines in the media, not the altcoin that makes it all possible. DeFi Dominates Ethereum Mentions In The Media Decentralized finance is on the tips of everyone’s tounges these days. It is hard not to notice even for passerby the enormous profits being generated out of what seems…
Does John Cusack Deserve ‘Utopia’ If He Called Hollywood A Madhouse?
John Cusack is starring in a new Amazon series called “Utopia.” This is his first promising role since his career has taken a steady decline in the last decade. Cusack has some choice words about Hollywood. So how did he get hired again, and should Hollywood welcome him back? John Cusack is back from the dead. He was in the graveyard of celebrities that killed their careers. Now he’s returned in a promising attempt to save his career, in Amazon‘s new series, “Utopia.” Is Cusack proof that Hollywood will easily…
Record WBTC Mint Completed by Three Arrows Capital as Demand for Bitcoin on Ethereum Continues to Grow
The Singapore-based firm minted 2,316 WBTC Thursday afternoon. Original
Ellen DeGeneres Is Getting So Desperate She’ll Listen to Alec Baldwin
Ellen DeGeneres had Alec Baldwin on her show on Wednesday, and he offered her some unsolicited advice on handling the backlash from her toxic work environment scandal. Baldwin is hardly someone to offer advice on how to win over the public, as he hasn’t handled his own discrepancies well in the past. Whether DeGeneres follows his advice or not, it won’t save her reputation or her career. No amount of advice will save Ellen DeGeneres’ career. Especially when that advice is coming from the often belligerent and known racist, Alec…
Break of “Market Structure” Puts Bitcoin Uptrend On Thin Ice
Bitcoin and the rest of crypto have been experiencing a strong uptrend since Black Thursday when markets nuked globally and no assets were safe from the carnage. And while a flip into a downtrend isn’t yet confirmed, a break in market structure at the very least puts the uptrend on thin ice. BTCUSD Break In Market Structure – Waiting For Lower Low | Source: TradingView Bitcoin Market Structure Broken, But Downtrend Has Yet To Confirm Like Other Top Crypto Bitcoin price is now trading in the low- to mid-$10,000 range,…
Here are the Key Technical Factors that Could Determine Bitcoin’s Future
Bitcoin is currently caught within a consolidation phase following its intense decline from highs of $11,200 last week. The cryptocurrency has been drifting lower ever since, but bulls were able to defend against it seeing any serious downside earlier today when they propelled it off of its $10,200 lows. The rebound here was significant and seemed to elucidate some underlying strength amongst the cryptocurrency’s buyers. That being said, it has not been able to find any strong momentum in the near-term, and its outlook remains in limbo as bulls and…
Inside the blockchain developer’s mind: The vertical scaling crisis
This is Part 2 of a three-part series in which Andrew Levine outlines the issues facing legacy blockchains and posits solutions to these problems. Read Part 1 on the upgradeability crisis here and Part 3 on the governance crisis as it goes live on Sept. 25. The advent of the internet has revealed that we have a digital self that can amplify our real-world power thanks to the ability to interact with people anywhere on Earth and coordinate actions that our physical selves never could. But our digital selves are…
Bitcoin News Roundup for Sept. 24, 2020
With bitcoin markets looking weak alongside a strengthening dollar, CoinDesk’s Markets Daily is back for your latest crypto news roundup! With the U.S. dollar eyeing a pre-election recovery, the path of least resistance for bitcoin may be to the downside. After initially voting to do so, the Maker community will not compensate investors who lost big on the lending platform during “Black Thursday’s” price rout. Original
Bitcoin Options Open Interest Hits Record High in Expiry Week
Bitcoin’s options market is more popular than ever with record open interest of more than $2.10 billion. Original