Blog: Bitcoinist.com

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Author Alex Kyriakopoulos, alexorguno, Anifowoshe Ibrahim, Best Owie, Bitcoinist, Cameron Bailey, Cole Petersen, Eduardo Próspero, gautham, Himadri Saha, Hououin Kyouma, Joseph Young, Nick Chong, Reynaldo Marquez, Samuel Rae, Samuel Wan, San Lee, Steven Hay, Taylor Scott, Tony Spilotro, Yashu Gola,
Stats Has published 1758 posts about cryptocurrency

Jun 19 2021

Flare Finance to Integrate XDC Across All Products

Jun 19 2021 Published at Bitcoinist.com under tags  industry

In a massive development, Flare Finance has announced that XinFin Network’s native token XDC will be integrated across all its products. Flare Finance will list XDC against all its F-Assets which at this point in time include FDOGE, FXRP, FADA, FALGO, FLTC, FBCH and FXLM. With FlareWrap integration, XDC would be bridged to Flare Network, while a bidirectional bridge would enable tokens on...

El Salvador And Bitcoin: Jack Mallers Reveals The Inside Scoop

It might be the biggest story of 2021. Since El Salvador made Bitcoin legal tender, all eyes are on the Central American nation. Strike’s Jack Mallers was the person that delivered this world-shattering news. The exclusive...

Paraguay Follows El Salvador In Tabling Bitcoin Bill, The Crypto Revolution Is Happening

Jun 19 2021 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt

As confirmed by Paraguay's National Deputy, Carlitos Rejala, plans are in place to discuss the formal legalization of Bitcoin next month. Since El Salvador took the progressive...

Jun 18 2021

Steve Hanke Calls El Salvador’s President “Stupid” For Making Bitcoin Legal Tender

Steve Hanke has condemned the legalization of Bitcoin in El Salvador. The economist believes the decision will “completely collapse" El Salvador’s economy. He called the move "stupid." His reasoning around this being that El Salvador is a dollarized nation and making Bitcoin legal tender would be detrimental to the economy. Professor Hanke was on Kitco News to talk about monetary policies around the...

Bitcoin Top And Bottom Metric Reaches Historically Oversold Level

Jun 18 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin price is still stuck in the mid-$30,000 range for weeks now, unable to break any lower or make an attempt to reclaim highs. After such a drastic 50% move down, the market is shaken and waiting for confirmation of direction before volume returns. Currently, the top cryptocurrency by market cap is at...

Bitcoin Has Three Major Flaws, According To Cornell Economist

Jun 18 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd

Bitcoin continues to trend lower in the daily chart. After losing support in the $37,000 area, BTC trades at $35,540. The main cryptocurrency by market cap has been on a downwards trend since May 2021....

NASCAR Driver Landon Cassill Will Be Paid In Crypto

NASCAR driver Landon Cassill has revealed that he will be paid in crypto. The driver had been in talks with Voyager for a 19-race sponsorship. Cassill announced yesterday that they had finally reached an agreement. His partnership with Voyager includes him getting a paycheck in crypto. The sponsorship settlement would be...

Top 5 Tokens That Showed Strength During the Spring Fall

Jun 18 2021 Published at Bitcoinist.com under tags  industry

Recently, in the period from May 10 to May 23, one of the largest bitcoin corrections in history happened (~ 45%). These were 13 days of mass panic, uncertainty and fear for the integrity of the savings. BTC / USD rate from May 3 to June 3, 2021 The...

AscendEX Launches Hummingbot Liquidity Portal

Jun 18 2021 Published at Bitcoinist.com under tags  press releases

AscendEX, formerly BitMax, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the launch of the Hummingbot Liquidity Mining Portal. AscendEX users will be able to access tools and upside that were previously only available to a small circle of sophisticated market makers. In celebration of the Hummingbot Liquidity...

Is Cardano’s Charles Hoskinson Working On An Algorithmic Stablecoin ?

Following from his five hours guest spot in Lex Fridman’s podcast, Charles Hoskinson is back at his desk. And true to his academic nature, he promises that his company IOHK will release a paper on algorithmic stablecoins “...

How Utopia (Crypton) Ushers in The Next Era Of Cryptocurrency Mining

Jun 18 2021 Published at Bitcoinist.com under tags  industry

In the current cryptocurrency landscape, there are many different ways to generate new assets and secure networks. Furthermore, the traditional mining approach may soon be a thing of the past due to growing energy consumption concerns. Therefore, to make cryptocurrency mainstream, more favorable and accessible mining solutions need to be explored. Cryptocurrency Mining Needs To Evolve It is no secret that mining Bitcoin...

Why Is Brock Pierce Leading An “Official Delegation of Bitcoin” In El Salvador?

Something is rotten in the state of El Salvador. The first nation to declare BTC as legal tender received no other than the infamous Brock Pierce. An "Official Delegation of Bitcoin...

Jun 17 2021

Senator Cynthia Lummis: I’m All In On Bitcoin

Jun 17 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt btcusdt. xbtusd

U.S. Senator Cynthia Lummis in an interview said she was all in on Bitcoin. The interview took place during the Bitcoin Conference earlier in the year in Miami. Senator Lummis is the first woman to be elected as a Wyoming senator. Keeping in line with this stride, the senator believe Bitcoin is a great way to combat...

The Bitcoinist Macro Report: Dollar Disrupts, Gold Melts Down, & Sideways Bitcoin

Jun 17 2021 Published at Bitcoinist.com under tags  altcoins bitcoin btc btcusd btcusdt

This week's Fed meeting has been viewed hawkishly by the broader market, and asset prices reacted negatively to the plan to begin to raise interest rates come 2023. Bitcoin fell slightly putting a recovery in crypto on hold, while major stock market indices tumbled on the news....

The Evolution of NFTS, More Than a Story?

Jun 17 2021 Published at Bitcoinist.com under tags  industry

Simply an idea or a story in itself can go a long way for people. Just look at this story about an invisible sculpture being sold for $18,000. The work, titled Io Sono or “I Am,”, by the Italian Salvatore Garau, doesn’t exist… except in the artist’s imagination. This is the case for most NFTs...

iTrustCapital Gains Security Boost with Coinbase Custody Integration

Jun 17 2021 Published at Bitcoinist.com under tags  industry

Cryptocurrency retirement savings platform iTrustCapital has announced it is integrating Coinbase Custody services to provide its clients with an additional layer of security. iTrustCapital provides IRAs (individual retirement accounts) and other qualified retirement funds with 24/7 access to digital cryptocurrency assets and precious metals through its...

Huobi Completes $138 M Token Burned and Ranked First Among Exchanges in Q1 Trading Volume

Jun 17 2021 Published at Bitcoinist.com under tags  industry

Leading crypto exchange Huobi has revealed data from their latest Huobi Token burned. The platform confirmed that 5.826 million HT or around $138.579 million were bought back from the market and used to continue the exchange’s token burning scheme. This Ethereum based token has a limited supply of 500 million and it’s leverage for users of the Huobi ecosystem. The HT gives them...

I Bought Garlicoin and Here’s Why

Jun 17 2021 Published at Bitcoinist.com under tags  sponsored article

Let me be frank with you; I was bored. Despite all the hype over crypto this year, everything looked so gray. I was just looking on the charts every day, waiting for the best time to trade. The same thing over and over again. So out of curiosity, I searched for some out-of-the-ordinary coins to invest in so that I can feel eager...

Canaan Sells 10,000 Bitcoin Miners To Genesis Digital Assets

Jun 17 2021 Published at Bitcoinist.com under tags  asic miner bitcoin btc canaan eth

Bitcoin mining firm Genesis Digital Assets has purchased an additional 10,000 Bitcoin miners from the ASIC machine manufacturer Canaan. By the end of the month, Canaan plans to complete the order of 10,000 A1246 and A1166 Pro Avalonminers. The move isn't the first time the two companies have dealt with each other. Earlier this year, Genesis Digital Assets bought $93.6 million worth of...

With Strong Earnings, User Growth, and Recognizable Brand Partnerships, Decentral Games Is A Well Positioned Next Generation Blockchain Entertainment Platform

Jun 17 2021 Published at Bitcoinist.com under tags  press releases

Fig: DG Treasury Growth Chart measured in USD value. The treasury has grown exponentially since its inception in Dec 2020 contributed by the profit growth and the appreciation of the assets. The downward trend in May is driven by the downswing of the crypto market. Decentral Games (...

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