Samuel Wan

Blog Info CryptoSlate
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Stats Has written 65 posts about cryptocurrency

Apr 12 2021

Mike Novogratz’s Galaxy Digital files for Bitcoin ETF with U.S. regulators

Apr 12 2021 Published at CryptoSlate under tags  adoption btcusd

Galaxy Digital today submitted Form S-1 with the U.S. Securities and Exchange Commission (SEC) for consideration of a Bitcoin exchange-traded fund (ETF). The filing is used by companies that plan on going public to register their securities....

Apr 09 2021

Stock-to-flow model predicts 1 Bitcoin will equal 10,000 gold oz in 2029

Apr 09 2021 Published at CryptoSlate under tags  analysis btcusd investments

Perianne Boring, the Founder of the Chamber of Digital Commerce, said one Bitcoin would equal ten thousand ounces of gold in eight years. Her lofty statement was the result of analysis using the stock-to-flow (S2F) model. The S2F model measures the scarcity of a particular resource. It uses...

Cardano teases smart contracts with business use cases, DeFi also coming

Apr 09 2021 Published at CryptoSlate under tags  adausd defi technology

The development company behind Cardano, IOHK, has posted an update concerning the latest on Cardano smart contracts. The estimated roll-out remains the same, but Michael Peyton Jones, the Software Engineering Lead, discusses business use cases heightening expectations of...

Apr 08 2021

Could civil war in Ethiopia affect Cardano’s Africa plans?

Apr 08 2021 Published at CryptoSlate under tags  adausd adoption altcoins regulation

Cardano's strategy in Africa could face a setback following the intensification of civil war in Ethiopia. There's even wide speculation that Charles Hoskinson's cryptic messages about birds landing refer to closing an Ethiopian government contract. But, if "birds landing" refers to Ethiopia, is now...

Apr 07 2021

Here’s why billionaire Mark Cuban is picking Ethereum over Bitcoin

Apr 07 2021 Published at CryptoSlate under tags  adoption btcusd ethusd technology

Mark Cuban says Ethereum is a better store of value than Bitcoin. Speaking to host Laura Shin on her Unchained podcast, Cuban said Ethereum's versatility made it a more attractive prospect in his eyes while, Bitcoin, other than as a store of value, offers little else, at least on layer 1. "There's significant differences between the two. Both of them are effectively platforms...

Apr 05 2021

MicroStrategy continues to bet on Bitcoin with new $15 million purchase

Apr 05 2021 Published at CryptoSlate under tags  adoption btcusd investments

There's no let-up in MicroStrategy's Bitcoin buying spree as CEO Michael Saylor announced yet another $15 million purchase today. Saylor tweeted that the firm had acquired an additional 253 BTC at an average purchase price of $59,339 per token. This takes MicroStrategy's aggregate holdings to 91,579 Bitcoin, at the cost of $2.226 billion, with an average purchase...

Apr 02 2021

Snoop Dogg speaks on NFTs and Bitcoin, says he’s a believer

Apr 02 2021 Published at CryptoSlate under tags  adoption nfts

As a serial money maker, Snoop Dogg has always been at the forefront of technology. Right now, in 2021, for Snoop, that means riding the NFT wave. He also let slip that Bitcoin is something he believes in, adding that the future is unfolding before us right now. People will "get" NFTs with time, says Snoop Snoop commented that the NFT...

Apr 01 2021

A roundup of the funniest crypto April Fools’ gags

Apr 01 2021 Published at CryptoSlate under tags  btcusd culture

This year, April Fools' Day has been especially crammed with high-spirited crypto capers. Maybe it's the optimism of the gains we've all been enjoying lately. Or perhaps it's the natural state for us "coiners" as the total crypto market cap closes in on $2 trillion. Either way, here's an overview of some of the most compelling stories making the rounds. Happy April Fools'...

Goldman Sachs joins the Bitcoin bandwagon at the behest of its customers

Apr 01 2021 Published at CryptoSlate under tags  adoption btcusd

The U.S. investment bank and financial services company Goldman Sachs will offer Bitcoin and other cryptocurrencies to its private wealth management group. Bitcoin proving to be an unstoppable force Mary Rich, recently appointed as Vice President of...

Mar 30 2021

XRP is on the up and up following Ripple’s 40% acquisition of Tranglo

Mar 30 2021 Published at CryptoSlate under tags  analysis partnerships price watch xrpusd

Ripple has announced a 40% acquisition in cross-border payments specialists Tranglo. Industry observers say this partnership will help Ripple meet the growing demand for cross-border solutions in the Asia region. Tranglo was founded in 2008 before cryptocurrency was a thing. It has...

Cardano boss explains why Africa will leapfrog the rest of the world in blockchain adoption

Mar 30 2021 Published at CryptoSlate under tags  adausd uncategorized

IOHK CEO Charles Hoskinson said the Cardano ecosystem would benefit greatly from Africa's accelerating infrastructure development. By implementing a blockchain backbone, Hoskinson sees the continent leapfrogging other nations in the coming decade....

Mar 27 2021

Forget overvalued artwork, Mark Cuban sees NFT ticketing as the mass-market disruptor

Mar 27 2021 Published at CryptoSlate under tags  adoption ethusd nfts people

Mark Cuban, the billionaire owner of the NBA's Dallas Mavericks, spoke about his quest to take advantage of the NFT world to disrupt businesses. On an episode of The Delfi Podcast, Cuban said: "What are applications that this new technology can turn upside down? so that I can disrupt an industry and make a f*ck load of money… that is the...

Mar 25 2021

SEC case against Ripple could see Bitcoin and Ethereum pulled into the farce

Mar 25 2021 Published at CryptoSlate under tags  btcusd ethusd legal xrpusd

In the on-going case of Ripple vs. the U.S. Securities and Exchange Commission (SEC), last week, the SEC refused to produce documentation on Bitcoin and Ethereum. They argued that the request is irrelevant to this case. However, yesterday, Ripple Labs filed a response letter with magistrate judge Sarah Netburn, requesting the SEC...

Mar 24 2021

Billionaire investor sees “good probability” of a Bitcoin ban

Mar 24 2021 Published at CryptoSlate under tags  adoption btcusd people

Billionaire investor and founder of Bridgewater Associates Ray Dalio warns that there's a "good probability" that governments will move to ban Bitcoin. Bitcoin represents a threat to the monopoly of the supply of money The end of 2020 saw Dalio blast Bitcoin on...

Theta enters the top-10 following 660% gains since the start of 2021

Mar 24 2021 Published at CryptoSlate under tags  altcoins analysis price watch

Theta has risen dramatically in the market cap rankings over the past couple of months — a 22% gain in the last 24-hours sees it leapfrog Chainlink to take the tenth spot. Theta launched relatively recently, in March 2019. It describes itself as a blockchain video streaming platform that aims to disrupt the streaming industry using decentralized technologies. The network is built on...

Mar 22 2021

NFTs hit the mainstream with TIME Magazine’s limited edition covers

Mar 22 2021 Published at CryptoSlate under tags  culture ethusd nfts

Love them or hate them, NFTs continue their foray into the mainstream undeterred. The latest firm looking for a piece of NFT action is popular bi- weekly news publication TIME. TIME Magazine puts up three limited edition NFTs for auction The TIME NFTs feature two iconic covers and one specifically made for the NFT auction. Consistent with the magazine's M.O, all three...

Mar 19 2021

Scaramucci says Bitcoin is changing the world as Copernicus did in the 1500s

Mar 19 2021 Published at CryptoSlate under tags  btcusd people

Anthony Scaramucci appeared on CNBC's Squawk Box to talk Bitcoin. In doing so, he said, the world is changing when it comes to money. To illustrate the significance of this, he compared Bitcoin's takeover of finance to the publishing of Copernicus's heliocentric theory. "...

Mar 18 2021

The U.K. advertising watchdog bans “misleading” Bitcoin advert

Mar 18 2021 Published at CryptoSlate under tags  btcusd legal regulation

The U.K.'s advertising watchdog has banned a newspaper advert on the grounds that it irresponsibly promoted Bitcoin. A member of the public complained that the advert was misleading and socially irresponsible. Following an investigation, the complainant's objections were upheld by The Advertising Standards Authority (ASA). "The complainant, who...

Mar 17 2021

Will Ethereum miners stop “show of force” for more block rewards?

Mar 17 2021 Published at CryptoSlate under tags  ethusd mining

Last week, Michael D. Carter of YouTube channel Bits Be Trippin' authored Ethereum Improvement Proposal (EIP) 3368. This introduces the idea of increasing block rewards from two to three Ether, with a gradual decay to one Ether over two years. "Changes the block reward paid to proof-of-work (POW)...

Mar 15 2021

Suspicions raised as Alameda Research denies affiliation with Reef Finance

Mar 15 2021 Published at CryptoSlate under tags  defi price watch

On Saturday, Reef Finance posted a weekly update claiming quantitative trading firm Alameda Research (AR) had invested $20 million into the project. Several publications hailed the move as the start of strategic cooperation between the two firms....

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