Day: February 27, 2021

Economist warns of dystopia if ‘Bitcoin Aristocrats’ become reality

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Not everyone is excited about hyperbitcoinization.  According to a popular copy/paste meme, Bitcoin holders are set to become a neo-aristocracy as Bitcoin becomes the dominant world currency: Only $BTC holders will be permitted to the upper echelons of society. Nocoiners will be shunned, socially and financially. At best forced to become servants to the new upper class. At worst executed for crimes against the #Bitcoin empire. — The Crypto Dog (@TheCryptoDog) January 2, 2021 The meme is part of a larger vision for Bitcoin’s future, a semi-serious but mostly tongue-in-cheek…

Cathie Wood: THIS Is How Bitcoin Will Hit $500k

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cathie Wood thinks companies like Tesla could push Bitcoin up to $500,000 per coin. In this video, I break down how she sees this happening. 📈How I Find The Best Projects In Cryptocurrency: 👉[50% Discount Using Coupon Code – HODL] 👈 ➡️ Get 4 FREE stocks worth $21 to $3,700 – 📷 Follow me on Instagram – ➡️ Get $25 of Bitcoin Free: ➡️ Get An Extra $10 of Bitcoin Free: ➡️ How I Protect My Cryptocurrency: 00:00 Start 02:11 Cathie Wood’s…

6 Questions for Kain Warwick of Synthetix – Cointelegraph Magazine

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We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to Kain Warwick, the founder of Synthetix. Kain Warwick is the founder of Synthetix, a derivatives liquidity protocol on Ethereum. Synthetix has processed billions of dollars in trading volume. Warwick previously founded Blueshyft, Australia’s largest cryptocurrency payment gateway.    1 — What’s a problem you think blockchain has a chance to solve but…

Here are 6 DEX tokens that have seen exponential growth in 2021

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DeFi has steadily grown in prominence over the past year thanks in large part to the strong foundations established by decentralized exchanges (DEX) that enable easy access to the latest tokens and projects.  While there have been previous iterations of DEX user interfaces, such as IDEX or Etherdelta, it wasn’t until Uniswap launched that trading in the DeFi network really took off and facilitated the launch of the finance tokens. Here are six of the top-performing tokens in the decentralized finance sector. UNI/USDT Uniswap has risen from the humble beginnings…

HIVE BLOCKCHAIN BOUGHT MORE MINERS! 10X Stock? BEST Penny Stock to Buy Now – Bitcoin Mining HVBTF

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hive Blockchain News Just Came Out! Hive Blockchain ($HVBTF) trades in the OTC Markets in the US. Hive just purchased more miners to reach their goal of 2000PH/s by the end of 2021! Hive is still a bitcoin mining penny stock and are one of the best penny stocks to buy now! #HVBTF #Bitcoin #Blockchain #pennystock #bitcoinmining #hiveblockchain Timestamps: Intro – 0:00 Recent News – 0:46 Recent Price Action – 2:43 My Thoughts – 3:56 Conclusion – 4:55 🛑DISCLAIMER🛑 I am not…

120 Bitcoin Block Rewards from 2010 and 2011 Woke Up This Year – News Bitcoin News

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On February 25, onchain analysts noticed two 2010 block rewards that were transferred after sitting dormant for over a decade. A lot of old blocks have been spent in 2021, and after the large strings of 2010 block rewards spent on January 3rd and 10th, another massive string of 20 block rewards from 2010 were moved on the 25th. In addition to these old bitcoin moves, block rewards from 2011 have started to wake in great numbers as well. 80 Block Rewards from 2010 Spent This Year, 4,000 Bitcoin Worth…

🛑 URGENT WARNING 🛑 BITCOIN & ETHEREUM DUMP BEFORE HUUUUUUUUGE PUMP THIS WEEK!!!!!!!!!!!!!!!!!

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Institutions and miners accumulating through Bitcoin chop; whales uncertain

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After a violent price reversal last week that saw Bitcoin retreat from all-time highs, traders and analysts are now eyeing major players and investors to gauge BTC’s next move — and so far the reaction is decidedly mixed. Data from on-chain analytics firm Glassnode indicates that the number of Bitcoin whales — a term for wallets that hold between 1,000 and 10,000 BTC — has at least temporarily reversed what was previously a strong uptrend starting in April 2020, a phenomena Glassnode labeled as a potential “end of whale spawning…

Is Bitcoin at risk of another drop below $40K in a historically corrective March?

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Bitcoin (BTC) has seen a corrective week as the price dropped from $58,000 to $44,000 in a matter of days. This dropdown caused a panic reaction across the markets as the euphoria was immediately halted. For instance, the Crypto Fear and Greed Index plunged to monthly lows of 56 after being above 90, or “extreme greed” for an entire month.  Crypto Fear & Greed Index. Source: Alternative.me However, such a panic reaction is unwarranted because corrections appear frequently in a bull market as a “reset” before continuation. This is organic…

Cryptocurrency Exchanges Trade Crypto But Chase Cash

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Hot on the heels of Coinbase’s prospective listing on the Nasdaq, U.S. cryptocurrency exchange Kraken is seeking to raise a new round of funding in a move that could see the firm valued at over US$10 billion. According to Bloomberg, the San Francisco company founded in 2011, is in discussions with Fidelity, Tribe Capital and General Atlantic, and could see Kraken ultimately valued at over US$20 billion, depending on demand. The timing could not be more opportune. Even though the price of Bitcoin has pulled back somewhat, having hit US$58,000…