Day: March 11, 2021

ShapeShift report calls ‘staking derivatives’ a potential win-win for PoS users

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In a newly released report, Swiss cryptocurrency exchange ShapeShift explores the potential role of so-called “staking derivatives” in addressing some of the challenges posed by Proof-of-Stake, or PoS, protocols.  Yield Unchained: Exploring Staking Derivatives shines the spotlight on existing challenges with POS protocols – namely, the opportunity cost that comes with locking up capital in a consensus mechanism. Staking derivatives, the report says, allows users to combine the benefits of staking returns and the ability to deploy their capital in DeFi and other protocols. “Staking derivatives offer a tantalizing, best-of-both-worlds…

Bitcoin price predictions for 2021

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What highs (or lows) could Bitcoin reach by the end of the year? Watch Cointelegraph’s latest video to find out! The moderates The Stock-to-Flow (S2F) model created by PlanB is one of the most well-known price prediction apparatuses in the Bitcoin space. It forecasts the long-term price trend of Bitcoin by weighing two main factors: the amount of BTC in existence (the stock) versus the amount of newly mined coins entering the market (the flow). Thus far, the model has been eerily accurate. Bitcoin closed February 26% above the model’s…

Crypto lending firm BlockFi raises $350M in new funding round

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Bain Capital Ventures, Pomp Investments, Tiger Global, and partners of DST Global have led investors in a $350 million series D funding round for the crypto lending firm BlockFi, according to an announcement on March 11. The company indicated that with the addition of these funds, as well as $100 million raised via three earlier funding rounds in the last two years, BlockFi is now valued at $3 billion. The secured funds will reportedly be used to expand the crypto offerings at the firm, including a Bitcoin (BTC) rewards credit card…

"When Should You Sell Your Bitcoin" – Michael Saylor Bitcoin News Today

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io “When Should You Sell Your Bitcoin” – Michael Saylor Bitcoin News Today Ever asked yourself if Michael Saylor will ever sell his btc, we’ll in today’s shared video we’ll find out. ——– Check Out These Similar videos: 🚨 BITCOIN FALLING RIGHT NOW????? [Ethereum & Dash Analysis] BITCOIN PRICE FALLS! BUT WHAT DOES IT REALLY MEAN FOR BTC? 🚨 BITCOIN FALLING RIGHT NOW????? [Ethereum & Dash Analysis] IMPORTANT!!! TAKE THIS BITCOIN TRADE RIGHT NOW!!!!!!! [watch fast] Michael Saylor Sees A Huge Amount Of…

The Kessler Collection Jumps Into Crypto, 8 Luxury Hotels Now Accept Digital Currencies – Bitcoin News

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During the last few months, a great number of businesses have been adding cryptocurrency support to their payment systems. On Tuesday, the luxury hotel group called The Kessler Collection announced it is now accepting digital currency payments for accommodations. The Kessler Collection’s support means eight luxury hotels will be able to accept payments in crypto assets like bitcoin, ethereum, bitcoin cash, and more. The Kessler Collection Now Accepts Digital Currency Payments at 8 Luxury Hotels While crypto-assets continue to accrue value, it has sparked numerous merchants and businesses to start…

Beeple NFT auction closes at record-setting $69.3M

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Digital artist Mike Winkelmann, also known as Beeple, has once again made NFT history after his latest piece, “Everydays: The First 5000 Days,” raised over $69 million on Christie’s auction house.  “Everydays” was minted on Feb. 16 and put up for auction on Feb. 25 at a starting price of $100. The auction closed on Thursday. The final price tag puts Beeple in elite company as far as living artists go. Only two other living artists, Jeff Koons and David Hockney, have created more expensive works. As Cointelegraph previously reported, “Everydays”…

BTC012: Bitcoin On-Chain Analysis w/ Plan B & Willy Woo

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s show, Preston talks with Plan B and Willy Woo about Bitcoin on-chain analytics. They talk about some of their favourite metrics and what their expectations are for the current Bitcoin bull market. IN THIS EPISODE, YOU’LL LEARN: – What are some of the most important trends and data Plan B and Willy Woo are looking at today – What are their thoughts on a mature derivatives market having on the price – Thoughts on the impact of CBDC – Thoughts…

Why Has Bitcoin Become a Preferred Payment Method for Online Slots?

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Studies by Grand View Research, a consulting firm in San Francisco, suggest that the online gambling market is growing and by 2027, it may be worth $127 billion. According to their report, the industry will continue to gain traction following the increasing use of smartphones and internet penetration. Online slots are some of the most popular online casino games. They are relatively cheap to play, the rules are simple, and their payouts are high. The emergence of Bitcoin as a payment method has made online slots even more popular. Here…

Most of the Institutions Eyeing Bitcoin are Sitting on the Sidelines

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In brief: According to Tyler Winklevoss, there is a lot of institutional money coming into Bitcoin Most of it is still sitting on the sidelines Bitcoin’s price growth is ‘in the second pitch of the first inning’ Accumulation of Bitcoin is ongoing with exchange balances dropping by 20% since last March Bitcoin testing $60k is possible due to the market optimism injected by the stimulus bill The Co-founder and CEO of Gemini Exchange, Tyler Winklevoss, has forecasted that there is a lot of institutional money coming into Bitcoin. According to…

Should you buy bitcoin UK 2021? Invest in Bitcoin 2021?

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Should you buy bitcoin uk in 2021? In this video I talk about bitcoin and whether you should buy or invest in bitcoin in the uk in 2021. I talk about the pros and cons of bitcoin and crypto currency and my own plans for bitcoin going forward. 00:00 Intro and competion news 01:30 Bitcoin and blockchain 02:53 Buying bitcoin 03:22 Where does it get it’s value? 04:28 Who buys bitcoin? 05:16 Positives for bitcoin 07:08 Negatives of bicoin 09:12 Personal thoughts…