Day: August 6, 2022

The Bitcoin artists on minting NFTs and OpenSea

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“Art is not a thing, it is a way,” said American writer Elbert Hubbard. For Bitcoin (BTC) artists, the way is inspired by Bitcoin, its code, its philosophy and its imagery. In some cases, it’s even inspired by memes. Bitcoin has become a “lifestyle,” for some Bitcoin artists, that inspires their way of doing business, accepting payments and interacting with customers.  Cointelegraph asked Bitcoin artists what inspires them about Satoshi Nakamoto’s 13-year-old invention and whether minting a nonfungible token (NFT) would complement their “way” of doing art. After all, an…

What is a decentralized money market and how does it work?

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The seamless flow of capital between borrowers and lenders is a key aspect of a vibrant economy. Anyone with an extra asset can lend it to put their idle capital to work, while people needing it to grow business or meet operational costs can easily access it. Money markets are the platforms where borrowers and lenders can meet. Throughout history, money markets have been generators of economic activities. Though the structure of money markets has altered with time, their role has remained unchanged. How does the money market work? Conventionally,…

Private Tour of Riot's MASSIVE Whinstone Bitcoin Mining Facility & Exclusive Interview with the CEOs

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In today’s video, we will tour Riot Blockchain’s Whinstone Mining Facility in Rockdale, Texas. We take a close look inside their Immersion Cooling Building, a 25 minute interview with Riot CEO Jason Les and Whinstone’s CEO Chad Everett Harris. Then a drive around the entire premises with Behind the scenes & Industry Talk. Time Stamps: 0:00 Intro 2:24 Immersion Cooling Building Tour 7:30 Interview with Jason Les & Chad Everett Harris 27:06 Tour of Premises & “Van Talk” 35:28 Ending and Thank…

Ethereum price rises by 50% against Bitcoin in one month — but there’s a catch

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Ether (ETH), Ethereum’s native toke, has been continuing its uptrend against Bitcoin (BTC) as euphoria around its upcoming network upgrade, “the Merge,” grows. ETH at multi-month highs against BTC On the daily chart, ETH/BTC surged to an intraday high of 0.075 on Aug. 6, following a 1.5% upside move. Meanwhile, the pair’s gains came as a part of a broader rebound trend that started a month ago at 0.049, amounting to approximately 50% gains. ETH/BTC daily price chart. Source: TradingView The ETH/BTC recovery in part has surfaced due to the…

Bitcoin and Ethereum”Incredibly Oversold” States Bloomberg Analyst: Forbes

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TLDR: Bloomberg Intelligence senior commodity strategist Mike McGlone stated that Bitcoin trades at a substantial discount. McGlone highlights several observations when making his case, such as technical analysis focusing on key indicators such as the 100-week moving average. McGlone stressed the Federal Reserve’s critical role in the price of equities and cryptocurrencies. Bitcoin is currently trading at $23,203.64, according to CoinGecko, a %66.4 drop from its all-time high. According to McGlone, a senior commodity strategist at Bloomberg Intelligence, Bitcoin and other cryptocurrencies are trading at a significant discount. Currently trading…

THIS DOESN'T MAKE ANY SENSE! (Crypto Market Update!)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io THIS DOESN’T MAKE ANY SENSE! (Crypto Market Update!) 🔔 Subscribe & Ring The Bell For Post Notifications! Keep Your Crypto Safe & Secure W/ A Ledger Hardware Wallet: Coinbase Referral Link (You’ll get $10 USD in FREE Bitcoin when you buy or sell $100 or more in crypto): Use my referral link to sign up for Crypto.com and we both get $25 USD 🙂 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Disclaimer: My content is for entertainment only. In no event will I be liable for any…

Price Of Cryptocurrencies Crash During Crypto Sell-Off

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io A massive sell-off of cryptocurrency erased more than $200 billion from the crypto market in a single day with the price of Bitcoin plunging to its lowest level in 16 months. NBC News’ Priscilla Thompson reports on how the sell-off mirrors the overall stock market with investors fleeing over fears of soaring inflation and a possible recession. Tune into Top Story with Tom Llamas weekdays at 7 p.m. on NBC News NOW. Top Story Playlist: NBC News NOW is an online streaming…

Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real – News Bitcoin News

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Fabio Araujo, Director of the Central Bank of Brazil, has praised the properties of Bitcoin, saying it is a financial innovation using new technologies. To Araujo, Bitcoin was the catalyst for what is today known as Web3. At an event, Araujo also commented about the status of the development of the digital real, stating that his organization hopes to add smart functions to the currency. Central Bank of Brazil Praises Bitcoin as Pioneer of Web3 Tech More and more central banks around the world are dealing with the…

BTC Exchange Balance Hits the Lowest Level in 4 Years

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The world’s largest cryptocurrency, Bitcoin (BTC) is currently going through a substantial price recovery after losing almost 70% of its value in the past eight months. Amid the latest market recovery, the BTC balance on leading digital exchanges is plunging. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. According to Glassnode, an on-chain analytics platform, the Bitcoin exchange balance reached 2.37 million BTC on Friday, the lowest level since July 2018. Coinbase…