Day: March 14, 2021

Why Investors Are Piling Into Bitcoin Despite the Risks | WSJ

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The price of bitcoin is skyrocketing, driving a rally of momentum trading that’s pushed its value higher than it’s ever been before. WSJ explains how bitcoin trading works, and why the volatile digital currency is reaching all-time highs. Illustration: Jacob Reynolds/WSJ WSJ Glossary Markets and economics are complex. It’s easy to be overwhelmed by a sea of wonky indicators and lose track of why they matter. This series breaks down the basic terms and ideas that move the markets. More from the…

Elon Musk’s latest canine-themed tweet didn’t pump Dogecoin as much as SHIB

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Though the price of Dogecoin (DOGE) surged over the weekend to surpass $0.06 again, this time another token based on a cuddly canine benefited from the hype around Elon Musk’s social media posts. In a Saturday night tweet, the Tesla CEO said he would be getting a Shiba Inu dog for his household. The dog — whose breed is native to Japan — was at the center of the popular meme on which Dogecoin was based in 2013. The meme features the dog looking into the camera with a seemingly…

Crypto Exchange FTX Pushing To Acquire Exclusive Naming Rights to Home of NBA’s Miami Heat

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Crypto derivatives exchange FTX is reportedly on the brink of acquiring exclusive naming rights to the home of the National Basketball Association’s (NBA) Miami Heat. A Miami Herald report cites sources familiar with the matter that the firm led by blockchain billionaire Sam Bankman-Fried is finalizing a sponsorship deal with Miami-Dade County in Florida, which owns the home arena of the Miami Heat. If the negotiation pushes through, FTX will replace American Airlines as the name sponsor of the stadium. “Miami-Dade County is getting closer to signing a cryptocurrency company…

Mining crypto in 120 seconds

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ***this method is for Nvidia only if you have AMD skip to the next video!!** How to start mining on nicehash 2021 Mining crypto in 120 seconds ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

How to Make Sure You Won’t Send Crypto to Wrong Address

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ethbox will offer the chance to stake holdings for a return on investment and users will be able to share in the product’s overall success via a rev-share deal. The field of cryptocurrencies and the blockchain is extremely exciting, with new projects and developments coming to light almost daily. The most recent buzzword around the blockchain surrounds NFTs, or non fungible tokens and the new way of tokenizing art, and media made popular by the likes of the Kings of Leon and Banksy’s recent artwork burn. However, one field that…

Preemption of inconsistent state laws

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In these hyper-partisan times, any bill that includes sponsors from both sides of the aisle is noteworthy. There is one pending now that is particularly important in the crypto space. On March 8, 2021, H.R. 1628, the Token Taxonomy Act of 2021, was introduced by representative Warren Davidson. It was co-sponsored by representatives Ted Budd, Darren Soto, Scott Perry and Josh Gottheimer. Terms of the Token Taxonomy Act of 2021 Among other provisions, the bill would exempt “digital tokens” from the definition of security, and it would also preempt inconsistent…

Crypto Assets and Defi Apps Can Give Yields Up to 400% Annually – Bitcoin News

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While cryptocurrency markets have been red hot and gaining in value, demand for certain assets and liquidity has grown massive. At the same time, a myriad of crypto proponents are chasing significant returns by hunting for liquidity pools with colossal yields. These days certain decentralized finance (defi) applications can give a yearly ROI upwards of 100-400% in some cases depending on the applications leveraged. Pools of Crypto Liquidity Are Growing During the last year and a half, decentralized finance (defi) has grown more robust and today there’s $46.24 billion total…

SUCCESVOL investeren in BITCOIN & GOUD | Selfmade met Madelon Vos | DAY1

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Je eerste stappen in goud maken? Dat kan! Meer info over alle edelmetalen? Deze aflevering is mede mogelijk gemaakt door Gold Republic. Wij zijn net als vele van jullie op een ontdekkingsreis in de financiële wereld, het is absoluut allemaal geen advies. Aflevering 1 van deze driedelige mini-serie staat nu online! Madelon Vos kennen we al van onze DAY1 Podcast, vandaag lopen we een dagje met haar mee en horen we hoe het allemaal begon, haar kijk op beleggen, Bitcoin, Cryptocurrencies en…

Bitcoin price dips below $60K — But here’s why a bigger rally may be brewing

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Bitcoin (BTC) pared some gains, dipping below $60,000 on March 14, a day after setting a new all-time high of $61,950 on Binance. However, on-chain data indicates that the uptrend is likely to continue in the near term. One key metric that is signaling an optimistic short-term trend for Bitcoin is the rise in stablecoin deposits into exchanges. Although high funding rates and an overcrowded market are causing the price to pull back, the entrance of sidelined capital into the crypto market may further boost Bitcoin’s momentum. Why Bitcoin dropped after…