Upcoming Coinbase’s Nasdaq listing is considered to become one of the largest in the world which will help to put cryptocurrencies in the mainstream. Coinbase CEO Brian Armstrong has become one of the richest men in the world, entering the world’s 500 richest people, with a net worth of approximately $15 billion, according to Bloomberg’s Billionaire Index. Armstrong was paid $60M in compensations in 2020. However, what catapulted his net worth —and making him a billionaire— is that his company recently filed with the Securities and Exchange Commission (SEC) for…
Day: February 28, 2021
Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions
A long-standing legal drama finally found resolution on Feb. 23, with the New York Attorney General’s office announcing that it had come to a settlement with cryptocurrency exchange Bitfinex after a 22-month inquiry into whether the company had been trying to cover up its losses — touted to be worth $850 million — by misrepresenting the degree to which its Tether (USDT) reserves were backed by fiat collateral. According to the terms of the announced settlement, which now marks an end to the inquiry that was initiated by the NYAG…
Dogecoin hasn’t always been a ‘fun meme coin’
Dogecoin (DOGE) might look like a fun meme coin, particularly as its price has absolutely skyrocketed in 2021. But behind the innocent Shiba Inu dog cartoon are some horrific stories. Those buying the cryptocurrency due to shilling and jokes from Tesla and SpaceX CEO Elon Musk, most likely have no idea of DOGE’s early days. DOGE/USD 1-day candle chart (HitBTC). Source: Tradingview The early days Introduced by software engineers Billy Markus and Jackson Palmer in December 2013, Dogecoin’s protocol followed Luckycoin and Litecoin (LTC) proof-of-work algorithm using Scrypt technology. It…
Crypto mining profit | weekly payout February 10 2021 | Bullish bitcoin | Tesla & Apple company
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hive os link : My fb page: My discord channel: Want to know for the updated daily profit for each GPU. Just visit this website- building mining rig: step by step windows10 image file: Rufus for windows: windows10 disable windows defender: OverdriveNTool (Overclocking): MSI afterburner: DDU uninstaller driver: 7-zip file: windows 10 registry tweak: Maximum Safe Wattage of PSU Cables: GPU Mining Resources: Mining Pools List: Ethereum Pool: Eth DAG Size: PhoenixMiner 5.3b: Beginner GPU Mining Software: nicehash: Cudo Miner: Nvidia Drivers:…
Behavioral Finance, Cryptocurrency Markets
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this TCV Summit keynote lecture from February 2021, Dr. Daniel Kim weaves together award-winning research from academic finance with case studies from both the legacy financial and cryptocurrency markets to examine the degree to which cryptocurrency markets achieve efficient price discovery. A/V note: unfortunately, the audio stream on the livestreamed source footage was of suboptimal quality. To preserve the original live-performance aspect of the presentation, no voice-overs were used in post-production. Curated English subtitles are available. 0:00 Context: Fungibility and Scarcity…
Coinshares chief strategy officer on why corporate America is interested in bitcoin
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Meltem Demirors, chief strategy officer at Coinshares, says daily there are now 1 million bitcoin digital wallets as people become increasingly interested in the cryptocurrency. She says there is potential for bitcoin to become a currency to pay for products. Subscribe to CNBC PRO for access to investor and analyst insights on bitcoin and more: » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From…
Bitcoin sell-off over? Strong ‘buy the dip’ signal flashes for the first time in 5 months
The price of Bitcoin (BTC) has dropped to the key $44,000-$45,000 support level on Feb. 28 for the third time in the past week. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview The BTC/USD pair briefly dipped below $44,000 on Bitstamp before paring some of the losses, bouncing back above $45,000 at the time of writing. ‘Full rest’ for SOPR, funding rates Some analysts have pointed out an uptick in miners’ selling as the reason behind the latest drop in price. It’s a whale war, and you know who got the…
Mining Bitcoin and Ethereum on my Coinmine rig at home
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Professional traders need a global crypto sea, not hundreds of lakes
Coinbase’s IPO announcement has been hailed as “a milestone for the crypto industry” by Fortune Magazine. Similar to the Netscape IPO announcement that signaled the legitimacy of the internet, Coinbase’s impending public offering signals to the public at large that cryptocurrency trading is legitimate, legal and secure in the eyes of the Securities and Exchange Commission. And now, investors have an opportunity to own stock on the largest crypto trading platform in the United States. As a result, many see an investment in Coinbase as an investment in the future…