Month: May 2022

Starbucks Teases Web 3 Platform in NFT Announcement

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Texas Bitcoin mining facilities conserving power during winter storm | KVUE

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Texas Bitcoin mining facilities will be conserving power during this week’s winter storm. The Riot Whinstone mining facility is in Rockdale, an hour from Austin. STORY: KVUE is Austin’s ABC affiliate station, and has been delivering local news for Central Texans since 1971. Today it is owned by TEGNA, Inc., which reaches approximately one-third of all television households in America. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Arweave-Based Bundlr Raises $5.2M to Boost Decentralized Storage

As more of the world moves onto blockchains, it is becoming increasingly important that users are able to store large amounts of data cheaply and quickly on-chain. One team working to make this vision a reality is Bundlr, which announced a $5.2 million funding round on Wednesday for its bid to help scale up blockchain storage solution Arweave. Source

‘I Totally Obsessed Over It.’ How Crypto Addiction Almost Ruined My Life

I was a bit ashamed about always talking enthusiastically about crypto, so when I asked to borrow money I said something like, “Hey, I have this problem with my bank account.” Or since people knew that I had my own business, I’d say something like, “Hey, I’m waiting for money from this client.” Or maybe “I’m just waiting for a few invoices to clear, so I just need a bit of money for this one-off situation.” And then I’d use that money for crypto. Source

Recent Bitcoin Bull Run and Prior Run-up Data Suggests a Softer Bear Market Is in the Cards – Market Updates Bitcoin News

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It’s been six months or roughly 180 days since bitcoin reached an all-time high at $69K per unit on November 10, 2021, and bitcoin’s USD value is down 45% from that point. Typically after bitcoin’s price tops, the bear market that follows leads to a large 80% or more decline in value. However, because the recent price top resembles the growth from April 2013 to November 2013, bitcoin’s current bearish decline may not be so large this time around. An 80% Drop From Bitcoin’s High Would Lead to $13,800 per…

The Wall Street Journal Is Dead Wrong About The NFT Market’s Supposed Collapse

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The NFT market is thriving, actually. Once again, the Wall Street Journal makes a fool of itself by tackling subjects beyond the publication’s comprehension. The author declares “the NFT market is collapsing,” citing suspicious numbers and two cases of bad trades as proof. And then, to top it all off poses a terrible theory. The “NFT Sales Are Flatlining” article is embarrassing beyond belief. Disclaimer: The following op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and…

European watchdog lists crypto next to lawyers, accountants as an AML threat

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Europe’s Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT)  watchdog, MONEYVAL, has listed monitoring the crypto sector along with “gatekeeper” professionals, such as lawyers and accountants, as priorities in European nations’ push to combat money laundering. In a media release based on the findings of its annual report, MONEYVAL called upon European jurisdictions to assess compliance with international standards and implement stricter regulatory policies to combat money laundering facilitated by crypto assets. Elżbieta Frankow-Jaśkiewicz, chief of MONEVYAL, cited the Pandora Papers as an example of how professionals serving as…

Everything gets politicized, including crypto, says former POTUS candidate Andrew Yang

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Although cryptocurrency may still be misunderstood on Capitol Hill, crypto is becoming more political as its influence gains traction. For instance, lobbying by those involved in the cryptocurrency industry has reached new heights. A report from the nonprofit consumer advocacy group Public Citizen found that the number of lobbyists for cryptocurrency-related issues rose from 115 in 2018 to 320 in 2021. The report further indicated that the number of representatives within the cryptocurrency industry increased from 47 to 157 during that time period.  The United States midterm elections — set…

A New Crypto in the Market | New Cryptocurrency Launch 2022 | #Shorts | Simplilearn

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🔥Free Blockchain Developer Course with Completion Certificate: This short video is based on a new crypto Shardeum, launched by Nischal Shetty who is the founder of the WazirX crypto exchange platform. Cryptocurrency is a digital currency that functions as a medium of transaction over a computer network and is not supported or maintained by any central authority, such as a government or bank. ✅Subscribe to our Channel to learn more about the top Technologies: ⏩ Check out the Blockchain training videos: #ANewCryptoInTheMarket…