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press release PRESS RELEASE. DeChart’s DCH token sale is now live on UniCrypt , giving control back to traders and fantastic staking opportunities. London, United Kingdom – One of the most important aspects of trading is historical trading data. It is vital for informing all trading decisions, suggesting the future of an asset’s trade pattern, and assessing an asset’s value. Despite the top decentralized exchanges (DEXs) such as Uniswap and PancakeSwap amassing huge volumes in trades, solutions for consumers-accessible trading data either lack protocol support or are simply non-existent. Many third-party tools positioned as aggregate trading data solutions are disorganized and present scattered, immutable data sets. DEXs were not created to carry out complex financial analyses and as such, there is a clear potential gap in the DEX trading market. That is where DeChart comes in. DeChart: The Future of DEX Data Aggregation Providing the leading advanced data solution for users seeking trading resources, DeChart amalgamates the data from DEXs into an organized, manageable, and user-friendly solution. DeChart’s vision is a simple, yet bewilderingly trialing task set to facilitate a transparent global digital marketplace that is impervious to the information asymmetry dividing participants today. Aggregating trading data into an organized, unbounded, free, and measurable layout that participants can trust is key to breaking down the exchange barriers that exist. By providing products and services that are free to the public while prioritizing security, privacy, and portability, DeChart has the potential to revolutionize the norms of global digital markets. As the markets grow in size (and data), so too will DeChart grow with them; extending to and capturing the financial potential of global markets. DeChart has already released V1 of its trading platform; featuring a dashboard that users can efficiently use to process complex trade data sets within one simple intuitive UI. The DeChart DAO V1 trading platform is currently building trading tools that democratize an experience, previously only thought available to institutional-grade trading platforms. Co-founder of Bitcoin.com Mate Tokay, and investment firm Pangea Research support DeChart’s mission and vision. Backed by such high-profile names with long histories of success lends palpable credibility to DeChart’s objective and purpose. DeChart – Decentralised to the Core DeChart utilizes a stakeholder Decentralized Autonomous Organization (DAO) business model by design to ensure data sets are created and governed by users. As an open-source blockchain protocol, the DAO automates actions without the need for centralized authority or intermediaries. Decentralized governance is – at its core – vital for the transparent and successful aggregation of DEX data for users. The DeChart governance token (DCH) facilitates the establishing of voting weight within the DeChart ecosystem, and therefore, user-governed decisions. Keeping in line with the vision of Decentralization, voting enables users/holders to determine the best course of action for the DeChart ecosystem. Securing A Healthy Ecosystem Through Staking At the heart of the DeChart, the DCH token is the lifeblood of the ecosystem and it can be used among other tokens by users to get involved in staking. To maintain the health of the DeChart ecosystem and DCH supply, 100% of revenues will go into buying back DCH from the open market. To participate in staking, users will need to stake DCH, BNB, CAKE, or LP Tokens to receive rewards. The rewards of staking will be issued from the Initial Staking pool which will be largest for those staking early; decreasing over 6 months. Staking rewards will then come via the treasury – which includes all DCH repurchased from the open market – when stakers decide to vote for rewards. DCH Token Sale – Now On The DCH token sale is now live on Unicrypt, and the total fixed supply at launch will be 125 million DCH; broken down into tokens for sale, Syrup Pool, the Initial Liquidity Pool, the Community Treasury, the Founder Pool, and the Initial Staking Pool. Initial Liquidity of 40% is to be locked in staking until at least May 13th, 2022. 56,250,000 DCH tokens are available during the token sale which ends on May 11th, set at a fixed price of $0.054 per DCH. Lasting approximately 2.5 days, any unsold DCH tokens will be burnt at the end of the sale. As tokens are burnt and supply decreases beyond the initial token sale, DeChart is committing to a long-term deflationary policy to match its’ community focus. To learn more about DeChart, visit the DeChart Website. To learn more about/participate in the token sale, visit Unicrypt Chat with DeChart on Telegram Keep up to date on Twitter Read up on Medium Media Contact Details Contact Name: DeChart DAO Contact Email: team@dechart.io DeChart is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. The DeChart Token Sale is closed to US investors and residents of any country where token sales are illegal. This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. Tags in this story Image Credits: Shutterstock, Pixabay, Wiki Commons
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Mike Novogratz, the CEO of Galaxy Digital, wants exchanges to start listing in the smallest unit of bitcoin otherwise known as “satoshis”. On May 8, Novogratz tweeted out to a number of crypto exchange executives and asked “which exchange will be first to quote in SATS?” Novogratz Asks Top Exchange Execs to List Satoshis Bitcoin bull and investor Mike Novogratz is interested in seeing crypto trading platforms list the smallest unit of bitcoin (BTC) called “satoshis” or “SATS.” One can think of satoshis as the “cents” from dollars; they represent the fractional term of a portion of bitcoin. A satoshi is approximately 0.00000001 BTC. With BTC above the $57k handle at the time of writing, a single satoshi is worth $0.0005711 USD.
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The “ultrasound money” meme has been running in Ethereum based circles for some time, gaining momentum as the asset rises and rises in value during this bull market. While it is considered a joke by many, like a myriad of memes, it hides a very complex array of factors that contribute to Ethereum’s newfound status. However, it is not without its critics from the Bitcoin side. The ‘Ultrasound Money’ Meme Explained If you have mingled in inner Ethereum cryptocurrency circles, you probably have heard the words “ultrasound money,” used as a meme to explain what the Ethereum network is going to become when it turns to proof-of-stake (PoS). But memes, being as they are, are a complete simplification of the subject, and fail to describe the whole mechanism behind it. Roughly, the ultrasound money meme serves to mock bitcoiners who describe bitcoin (BTC) as a “sound” money asset, meaning this that is not liable to sudden depreciation in its value. Built by Justin Drake, a researcher from the Ethereum Foundation, the meme surfaced on Twitter last year on September 10. It compared the issuance of Bitcoin with the new issuance of Ethereum once EIP1559 (an improvement on how the network taxes transactions) and the change to proof of stake consensus are activated on the Ethereum blockchain. The meme has picked up steam since then, referred commonly to in social media. But what does it mean? if capped-supply BTC is sound money 📢 decreasing-supply ETH is ultrasound money 🦇 pic.twitter.com/Y9N8HBmHBr — Justin Ðrake 🦇🔊 (@drakefjustin) September 10, 2020 On the surface, the meme only shows that the issuance of Ethereum is likely to be deflationary over time, but fails to explain how this is achieved and what elements are put in place. EIP-1559: Ethereum (Likely) Transforms to Deflationary The first element that helps construct the thesis of ultrasound money is EIP-1559, an Ethereum Improvement Proposal that changes how fees are paid to miners completely, and affects the issuance of ether over time. It works by kind of standardizing fee payments using a base fee that will be calculated on a network demand-basis to be burned. This means that if the network is under heavy usage, more ether will be burnt in the future. On top of this, a new element is added on top of this fee called the miner tip, which will let users prioritize their transactions and compete for block space. This proposal wasn’t so popular with miners, who will see the value of its rewards affected by it. In fact, some miners have even tried to signal against the proposal, but this protest failed to pick up majority support. Drake believes this is one important measure needed to prepares the network for the Ethereum 2.0 PoS upgrade, switching from a direct subsidy to a miners policy, to a possible increase of value to all ether holders in the network via scarcity increase. With EIP-1559, the issuance of Ethereum is likely to decrease over time. This will happen because, under heavy network usage (like the Ethereum network has experienced this last year), the network will burn more ether than the ether issued, creating a deflationary tendency. Ethereum Consensus Change Increases Efficiency and Security The other element on the ultrasound meme book has to do with the change of consensus algorithm to proof-of-stake, which will bring many improvements to the protocol in terms of efficiency and security. While the upgrade will also have the downside of driving miners to other chains like ETC. According to Drake, the main improvement from going to proof-of-stake is that this helps to protect the network. His thesis proposes that PoS is really more efficient than PoW at securing the network. He believes so because it only needs the base asset to do so, shedding any external factors like miners who also exert selling pressure on the underlying mined asset by having to pay for expenses and hardware upgrades over time. Also, he criticizes that Bitcoin (BTC) will be unable to secure the network without any issuance, relying on fees only in the long term. If the value of Bitcoin goes too high, and the value of the hashrate equipment securing the network keeps going lower, the Bitcoin network would become a target for attacks from governments and individuals with the economic power to do so.
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A newly published regional report shows that China’s hashrate has likely dropped to 55% while the U.S. has climbed to 11%. Another study predicts that it’s possible North America could overtake China in terms of hashrate by the end of 2021. Bitcoin Mining Farm Operator Says Mining Industry in North America Is Booming For years now China has been the most dominant region in terms of bitcoin miners worldwide and at one point 65% to 70% of the network hashrate stemmed from the country. In May 2021, the Bitcoin hashrate is significantly higher nearing 200 exahash per second (EH/s) as a great number of participants are mining the crypto asset. At the time of writing, the global hashrate is around 181 EH/s following the massive drop in hashpower two weeks ago. Now a few reports are showing that China’s SHA256 hashrate dominance is steadily dropping and the U.S. and North America, in general, have become greater competitors. 8btc’s regional columnist, Iyke Aru explains that one reason hashrate is dropping in the country is because of China’s energy commitments. China’s communist government aims to reduce carbon emissions a great deal in the next few years and a recent proposal was invoked to shut down bitcoin miners located in the autonomous region of Inner Mongolia. Other regions like Sichuan are also tightening up energy requirements which are placing more demand on the region’s hydropower facilities. Bitcoin (BTC) SHA256 hashrate on May 10, 2021. Another study, published by Sam Ling at the end of January 2021 shows that China’s hashrate dominance has dropped considerably this year. Ling’s study follows a report published by Bitooda that was released a few months prior in the summer of 2020. Bitooda’s report noted that China’s hashrate was estimated to be only 50% of the global hashrate and North American bitcoin mining was on the rise. Similarly, Ling’s report this published year indicates estimates are roughly the same. Ling’s data shows that China’s overall SHA256 hashrate is around 55%, while the U.S. now captures around 11%. At the beginning of 2021, mining industry leaders predicted that roughly 200,000 to 1 million ASIC mining rigs would be shipped internationally. The forecast predicts a rise to 240 EH/s by the end of the year. During the mining industry meeting, bitcoin mining farm operator, Yao Wanni says Chinese citizens are still buying mining rigs but North American ASIC purchases have catapulted. “The whole mining industry in North America is booming” Yao insisted at the time.
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sponsored Investors can now stake STC, the utility token powering the Student Coin ecosystem, and earn up to 13% APY. Showing the amazing potential of the community backing the project, over 1,000,000,000 tokens were staked in less than 12 hours after STC staking was launched. STC Now Offers Staking, Much More to Come Student Coin, a platform that allows users to easily design, create, and manage personal, corporate, NFT, and DeFi tokens, launched staking on May 6th and was immediately welcomed with great demand. In fact, over 1,000,000,000 tokens were staked in less than 12 hours after STC staking went live. Staking can be done directly via the STC Wallet, where holders can now choose between a 30 days, 90 days, and 180 days staking pools with additional STC-based token mining program. When you stake your STC tokens, you can earn up to 13% APY, and mine 10 additional STC-based tokens. The first two tokens to be airdropped for the mining stakers are Smart Marketing Token ($SMT), and Smart Software Token ($SST). Staking on the STC Wallet In addition to staking, the STC Wallet is designed to be a powerful tool for holders. Announcements and news about STC will be shared on the app, as well as STC weekly insights – like where wallet users are able to see the total number of STC users. Voting for future development of the project is also an option, and the community’s first vote was for STC to be listed on Bitcoin.com Exchange. Development Continues on STC Exchange, STC Terminal, and STC App In April 2021 the Student Coin team ended the initial STC token sale 9 days before the planned date. This was due to the fact that they sold all STC tokens there were dedicated to the Launchpad. Each token is now worth over $0.03, giving the project a total valuation more than $300 million, and the trading volume is greater than $1.3 million per day, according to CoinMarketCap. The detailed Student Coin Roadmap shows that by the end of 2021, the team plans to develop and implement more major parts in the ecosystem. These include the STC Exchange by Q3 2021, STC Terminal where everyone will be able to create their token there in Q3 2021, and launching the full version of the STC App in November 2021. This will be done alongside listing the token on major crypto exchanges. STC is already live on Uniswap, Waves Exchange, Bithumb Global, and CoinTiger. The token will also be added to Coinsbit on 12 May 2021, Bitcoin.com Exchange and P2PB2B on 13 May, and ProBit on 15 May. This impressive pace of development is possible due to the strong team behind Student Coin, which consists of 44 people from 12 countries. The public can learn much about these people on the team page, for example the Student Coin founder and CEO, Wojciech Podobas, is the author of 2 books on cryptocurrencies and advanced technical analysis. Additionally, the impressive Student Coin Advisory Board consists of PhDs, university professors, and entrepreneurs, and it is also transparent to the public here. [embedded content] This is a sponsored post. Learn how to reach our audience here. Read disclaimer below. Tags in this story Image Credits: Shutterstock, Pixabay, Wiki Commons Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimer
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Bitcoin was in mint condition after the weekend as it headed towards $59K on Monday morning, preserving its high-performing crypto coin. Just this past weekend, Bitcoin experienced a slow deflation, first with a surprise rally on Friday. Things turned around on Sunday overnight as the Bitcoin price approached $60K as the cryptocurrency continues to hold its position as the largest crypto in the community. Consider some factors below that could paint a picture of what it's in store for the bitcoin market for the remainder of the week. Appetite for Bitcoin Grows As Bitcoin slams back with new highs this week, it wasn't too long ago that it experienced a minor dip in price. Less than two weeks ago, BTC was near $46K in price but the currency rebounded quickly and sits at an all-time high--a new milestone since February of this year. This past Monday the market saw a fairly active market as people rushed to buy the popular crypto. Taking a glimpse at the buy and sell demand, Binance shows resistance still remains strong at $60K and above but this will require bulls to knock out several walls of sell orders so the currency can break out beyond its all-time high of $64.5K.  Reflecting on last Friday's gains, this was a genuine increase after buying among spot traders occurred.  Catching Up With Altcoins With Bitcoin fluctuating lately on the market, the most current and hot altcoin on the crypto scene is Ethereum (ETH). As ETH/USD sits just above $3,000 and had gains of 28% this past week, Bitcoin only saw 11% gains in comparison to the altcoin. With Bitcoin's market cap dominance slipping down to 47.7%, the lowest since July 2018, the crypto coin has lost some clout due to its performance. However, the popular Crypto Chase trader took to Twitter to share thoughts on ETH's uprise stating, "I wouldn’t be surprised if we see $3500 ETH this week". Only time will tell what direction the market will go the rest of the week. To read more on Altcoin opportunities ahead, click here. 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This past weekend, Cryptocurrency coins experienced a downfall in prices after hitting all-time highs in the last couple of weeks. The market tanked early on Sunday morning, with Bitcoin taking the most extreme hit as it dropped $10K within a few hours. Dogecoin was the least affected crypto on the market, in comparison to others. It endured a minor dip and recovered shortly after with 12% gains by the end of Sunday. Other changes also occurred in the market such as Coinbase going public via a direct listing. Bitcoin was able to rebound early Monday morning, after the weekend activities, and rose to 7%. All these changes have kept the crypto industry severely active. In other crypto news, TheStreet had a series of stories based on the topic of cryptocurrency and assessed which cryptocurrency would be feasible for investors seeking to diversify their wealth. The question is: should they buy Bitcoin or Ethereum?  A huge factor in the bitcoin fall resulted from the ban issued by Turkey's central bank. Turkey will omit the use of cryptocurrencies for payments in the country, effective the end of April 2021.  In other news, Dogecoin prices were soaring last week as it hit all-time highs on Friday, slightly above 40 cents and just below 50. However, in January of this year, the cryptocurrency was trading as low as less than a penny. According to critics, Dogecoin does not show any signs of slowing down its gains. For more information on Bitcoin uptick, click here. Featured image: DepositPhotos © igor_igorevich Please See Disclaimer If You Liked This Article Click To Share .crec-header h1 { color:#808080; max-width: 776px; margin-left: auto; margin-right: auto; padding-top:10px; font-size:12px; margin-bottom: 0; } .crec-container { max-width: 776px; margin-left: auto; margin-right: auto; } .crec-all-ads { display: flex ; flex-wrap: wrap ; } .crec-ad { width: 191px; padding-right: 4px; padding-top:5px; padding-bottom: 8px; } .crec-ad p { padding-top: 5px; font-weight: 700; line-height:1 !important; } .crec-ad:last-child { width: 191px; padding-right: 0; } .crec-ad > p > a { text-decoration: none; color:#000 !important; } .crec-ad > p > a:hover { color:#000 !important; text-decoration: underline; } @media(min-width:1228px){ .crec-image img{ width:191px; height:100px; } } @media (max-width: 1228px) { .crec-ad { width: 50%; box-sizing:border-box; } .crec-image img{ width:100%; height:158px; } .crec-ad:last-child { width: 50%; padding-right: 4px; } } @media (max-width: 590px) { .crec-ad { width: 100%; } .crec-image img{ height:auto; } .crec-ad:last-child { width: 100%; padding-right: 4px; } .crec-header h1 { padding-left:20px; } .crec-container { padding-left:20px; padding-right:20px; } } .mobile_tx{display: none;} #ax1x{ font-size: 1.1em; font-weight: bold; line-height: 1.5; clear:both; margin: 0px 0px 20px 1% !important; min-height: 4.5em; text-transform: uppercase; padding: .25em 0 10px 0; position: relative; width: 98%; float: left; } .next-pg { height: 85px !important; width: 100%; border-top-left-radius: 3px; border-bottom-left-radius: 3px; background-color: #e5192c ; background-image: url('/wp-content/themes/mh-magazine/images/global-after.png') !important; background-repeat: no-repeat; background-position: right center; background-size: auto 100%; overflow: hidden; box-sizing: border-box; margin-bottom: 0px; margin-top: 10px; position: relative; padding-left: 100px; } .next-pg::before { width: 45px !important; height: 85px !important; display: block; content: ""; width: 32px; height: 64px; background-image: url('/wp-content/themes/mh-magazine/images/global-before.png') !important; background-repeat: no-repeat; background-position: right center; background-size: auto 100%; position: absolute; left: -4px; top: 0px; } .action-txt { text-transform: uppercase; margin: 12px; line-height: 61px; text-align: left; font-size: 36px; background-repeat: no-repeat; background-position: right center; background-size: 26px 18px; color: #FFF; float: left; font-weight: bold; font-family: "Open Sans",sans-serif !important; width: 78%; display: inline-block; text-align: center; } @media (max-width: 768px){ .mobile_tx{display: block;} .desktop_tx{display: none;} .pps-slider-nav .pps-next { text-align: center; position: static; padding: 5px 20px; float: left; width: 100%; box-sizing: border-box; } .pps-next .next-article-page { padding-left: 0; float: left; margin: 0; } .next-article-page .action-txt { padding-left: 0!important; text-align: center; width: 87%; box-sizing: border-box; font-size: 26px; background: 0 0; text-align: center; } #ax1x { padding: .25em 0!important; min-height: 2.3em; width: 100% !important; margin: 0px !important; margin-bottom: 15px !important; padding-bottom: 0!important; } } @media (max-width: 500px){ .next-article-page .action-txt{ width: 75%; } } PreviousPayPal is the Latest to Introduce Cryptocurrency for Online Transactions
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PayPal's president and CEO, Dan Shulman, confirmed that cryptocurrency will be introduced shortly at the checkout service for online transactions, which will also waive transaction fees for purchases made with crypto. PayPal, the well-known online payment and transaction service, is the latest to start accepting the digital currency as a medium of exchange at its millions of global merchants. The news was shared by the company's CEO at the end of March 2021. The new system will feature a crypto checkout service that will allow customers to access their stored coins, in order to purchase goods and services from the approved merchants. It has been reported the system will also reflect equivalent funds directly in fiat currency after coins are subject to a swift transfer during the time of sale.  All four of PayPal's supported cryptocurrencies will be made available at the checkout service. These include Bitcoin, Ether, Litecoin, and Bitcoin Cash. However, there will be a limit of one coin per transaction, but the customer will incur zero transaction fees. Dan Shulman commented on the launch of cryptocurrency and stated, "we think it is a transitional point where cryptocurrencies move from being predominantly an asset class that you buy, hold and or sell to now becoming a legitimate funding source to make transactions in the real world at millions of merchants."  The news first surfaced in October 2020 that PayPal had intentions to make an appearance in the crypto realm. PayPal worked its way into the industry in the early months of 2021, and acquired digital assets security firm Curv as well. The deal was thought to be worth $200 million. For more information on PayPal's move, click here. Read more about the growing use of Bitcoin and the increased use for daily transactions. 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With Bitcoin prices skyrocketing, the crypto market is seeing an uptick in the finance sector bigger than ever before. Despite that, the reoccurring argument remains: "nobody uses the top cryptocurrency for actual transactions." Although this claim has existed for a long time, there has been a shift in daily transaction volume, and it is nearing a milestone of $10 billion worth of Bitcoin. To further understand how the ecosystem is thriving, there are several factors to consider regarding cryptocurrency and its global awareness. With the crypto market actively growing on a daily basis, Bitcoin has also cemented itself as a contender in the finance sector. Initially, Bitcoin was introduced as a substitution for cash and the first digital currency to be utilized for modern-day transactions. Bitcoin On The Rise With Daily Transaction Boost  When cryptocurrency was new on the market, it was used for simple things such as purchasing a pizza. However, when Bitcoin started to become of value over time, more people wanted to hold onto their equity instead of using it. This practice is also referred to as "HODL" in the crypto community.  With users resistant to use Bitcoin, experts have addressed this as the most notable flaw for this asset and the digital currency platform as a whole. Even so, things are changing for the Bitcoin network as users are now utilizing it to send larger transactions and at a higher price point per coin. Currently, the average transaction is approximately half a coin, which hovers around at a value of $32,746. This is a 20% increase from a week prior, which has resulted in a total daily transaction volume of more than $10 billion each day.  As bitcoin uptick leads to growth in daily transactions, it's been noted by ByteTree that almost all major blockchain network metrics are in the green. 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Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament. Cryptos Narrowing Financial Exclusion Gap Therefore, in their effort to reduce the number of people that have no access to banking services, Satoshi Nakamoto created Bitcoin, a decentralized digital currency and network that is available to anyone. Now, more than ten years later, the crypto asset has had successes in narrowing the financial exclusion gap as some financial services are now available to those lacking identification documents. Local.bitcoin.com is a peer-to-peer bitcoin cash (BCH) marketplace that’s available in every nation in the world. However, the rising fees on networks such as bitcoin (BTC) or ethereum (ETH) mean the respective crypto assets may eventually become less accessible. Further, the imposition of KYC requirements by some centralized crypto exchanges or the enforcement of FATF rules means millions of individuals including many from Africa will soon be blocked from trading cryptocurrencies. Local.bitcoin.com traders from Kenya. Nevertheless, some crypto exchange platforms like Local.bitcoin.com continue with their quest of making it possible for African users to have access to cryptocurrencies like bitcoin cash. Also, African users or traders will transact with the full confidence that the other party to the transaction will perform as agreed. Local.bitcoin.com’s blind escrow system ensures all parties play their part. How to Start So how can a prospective trader safely buy or sell bitcoin cash on Local.bitcoin.com? The first step would be to go on local.bitcoin.com and create an account. Creating an account on Local.bitcoin.com only requires one’s email address, a username, and a password. There is no KYC, an ID verification process, or geoblocking which often forces users from certain regions to use VPNs. Once an account has been created, the user is now ready to start trading. Local.bitcoin.com traders from Nigeria selling bitcoin cash (BCH). To start trading, a prospective BCH buyer simply selects a trader from a list of sellers shown on the offers page. If the two traders agree on the sale, the transaction will proceed with the seller sending the BCH to a blind escrow account. The buyer is then expected to make the payment as agreed and once this has been received by the seller, the assets held in the escrow account will be released to the buyer. Every country in Africa is listed on Local.bitcoin.com’s peer-to-peer bitcoin cash (BCH) market like Nigeria, Zimbabwe, Ghana, South Africa, Kenya, and specific populated cities as well. No Censorship Meanwhile, because Local.bitcoin.com is a peer-to-peer platform, traders can agree on a payment method that satisfies both parties. Since Local.bitcoin.com is decentralized, there is no way even the company’s staff can censor or stop certain transactions. Like onchain bitcoin cash (BCH) transactions, exchanges between two parties should be censorship-resistant as well. To Illustrate, BCH buyers from countries like Zimbabwe, which is blocked from accessing the global financial system, will state their preferred methods of paying. A seller that is amenable to these conditions will then respond to the offer. After the same process as described above has been repeated, the seller will receive his payment while the Zimbabwe-based buyer gets his BCH. For prospective African crypto traders that wish to trade on centralized exchanges but lack access to Visa or Mastercard, Local.bitcoin.com provides a secure alternative means of funding a trading account. For peer-to-peer traders, Local.bitcoin.com enables even small traders to trade as the fees on the BCH network make this possible. Is it easy to buy BCH via local.bitcoin.com? You can share your thoughts in the comments section below. Tags in this story Africa, Africa Bitcoin Cash, Bitcoin, bitcoin cash, Bitcoin Cash Africa, Cryptocurrencies, Ethereum, FATF Guidelines, financial exclusion, Ghana, KYC, Local.bitcoin.com, Network Fees, Nigeria, South Africa, Unbanked, Zimbabwe Image Credits: Shutterstock, Pixabay, Wiki Commons, Local.bitcoin.com Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimer
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The top ranked altcoin, Ethereum, has broken its all-time high and like Bitcoin’s big breakout, it has attracted more and more participants to the cryptocurrency market. Valuations are rising everywhere, and the total altcoin market cap is on the verge of a life-changing breakout, if history repeats. And given the current momentum and FOMO across […]
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SushiSwap’s native token, SUSHI, has undergone a strong rally over the past 24 hours. The leading cryptocurrency is up 10% in the past 24 hours, pushing to multi-week highs after a few days of slow price action. SUSHI’s rally comes as Bitcoin has thrust higher, pushing to new all-time highs at $29,500. The leading cryptocurrency […]
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As Bitcoin continues to break new barriers to redefine its all-time-high prices, the flagship cryptocurrency has become one of the most sought-after instruments among individuals and corporates alike. In the present scenario, Crypto.com offers a variety of options for users to invest in the digital gold and benefit from the potential riches Bitcoin can bring […]
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PRESS RELEASE. Securypto trade will open on Bilaxy on 1 January, 2021 and all indicators say that it will start off strong given the high demand for it alongside the low circulation of the coin as pointed out by Securypto team. There will be only 410,000 coins available for sale when it starts trading on Bilaxy. On top of that, another 750,000 coins have been recently burned on 28 December, 2020. This news alone has made investors pay more attention to the potential Securypto has on the market especially since the SCU coin is one of the few coins that actually has a use case. Taking in consideration the scarcity of the coin, it is expected by the Securypto telegram community that the value of the coin will increase by time in both short and long term in their recent poll. Securypto has raised almost $100,000 before the exchange opening which is an astonishing feat on its own these days, long past the days of ICOs. This signal clearly shows how strong the community and investors believe in this project. Bilaxy Bilaxy support has quite been unprecedented, “Bilaxy has always been the home of crypto hidden gems, and we are happy to support more promising blockchain projects with our various financial services like trading, staking and more. Anonymity is a scarce commodity in this day and age and we have seen Securypto’s potential to develop a model where you take back control of your data and send and receive truly anonymous encrypted data.” About SCU SCU, which stands for Securypto Token, is a utility token that enables users send and receive encrypted messages and data with it’s app DigiSafeGuard. The app itself already allows you to do that but the utility token enables an anonymity layer on top of it which makes it a perfect instrument for everyone that cares about their privacy to send and receive data. Early feedback from early adapters shows that mostly people who live in restrictive countries make use of this application like North Korea and places where censorship is very high and freedom of speech is a luxury where Securypto has given them a voice. Whistleblowers have also commended it’s ease of use and high level of encryption and how it makes it easy to use as Whatsapp but the moment you send the message it looks like your message goes into a wormhole and the receiver gets the message and no one can discover the path it has taken from sender to receiver making it impossible for anyone to track the message or decrypt it. It comes then as no surprise why both the community and investors have been excited about the development and launch of SCU/ETH trading on Bilaxy exchange on 1 January, 2021. This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. Tags in this story Image Credits: Shutterstock, Pixabay, Wiki Commons
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Bitcoin’s mysterious creator, Satoshi Nakamoto, first appeared on the web when the software programmer (or programmers) published the Bitcoin white paper on Halloween 2008. After the paper published and the crypto network launched, the inventor spent a little time with the community curating the project. People who are inspired by Nakamoto or like to research the engineer’s work can obtain a physical copy of Satoshi’s writings in its entirety from a book called “Kicking the Hornet’s Nest.” Crypto proponents can now leverage a book called “Kicking the Hornet’s Nest: The Complete Writings, Emails, and Forum Posts of Satoshi Nakamoto, the Founder of Bitcoin and Cryptocurrency.” The compendium of the Bitcoin creator’s writings was assembled by Mill Hill Books and is available in print form for $29. All of the writings were collected and assembled chronologically “with almost no editorial commentary.” Many of the resources from the book stemmed from sites like nakamotoinstitute.org, bitcointalk.org, The Cryptography Mailing List at metzdowd.com, personal emails to and from Dustin Trammel (aka Druid), and personal emails from Mike Hearn and Hal Finney as well. There is a bit of commentary in the “Notes from the Editor” section, which explains why the compendium of Nakamoto’s writings were assembled. “Satoshi fired a shot across the bow of the financial powers-that-be,” the author writes. “Bankers, politicians, and the manipulators of the money supply have not been happy about Bitcoin and cryptocurrency.” The editor explains that after a decade the powers-that-be have been warming up to the idea of cryptocurrency and essentially “the inevitability” of this technology. Of course, financial incumbents are slow and cautious, the author insists. The editor’s notes also suggest that the financial bigwigs are threatened by the fact that bitcoin gives “power, freedom, and responsibility to the individual.” “As a boy, my brother and I would occasionally come upon a hornet’s nest while playing in the woods,” the editor said. He added: When we did, being boys, there was really nothing else to do but to throw a rock or stick at it, or kick it. Kicking a hornet’s nest isn’t rational, but just too tempting and just too much fun not to. And when you do it, you do it fast and then you run like hell. The book’s editor writes a number of attributes Bitcoin’s creator had shown when he wrote, like the fact that he liked to double-space after a sentence is complete. Other insights taken from the chronological work of Nakamoto, was that Satoshi was polite, a good teacher, a clear communicator, a fantastic thinker, a heads-down programmer, and a person or group that “values privacy” the editor said. Additionally, the author writes that it is noteworthy to acknowledge that “since Satoshi Nakamoto is unknown, Satoshi’s sex is unknown.” The editor adds: Satoshi may be a man, woman, or group. However, since サトシ is generally a male’s name in Japan, Satoshi is referred to here [in this book] using singular, male pronouns. The book assembled by Mill Hill Books has a lot to digest, as Nakamoto wrote on bitcointalk.org 539 times and there are approximately 34 publicly known emails. The compendium of Nakamoto’s writings is 340-pages long and ends with the last message from Satoshi back in March 2014 when the programmer (or programmers) allegedly wrote: I am not Dorian Nakamoto. The editor does note that the authenticity of this particular message is not fully verified and the post has been debated for its legitimacy. “Despite his focused, logical, business-minded tendencies, there seems to me to be a bit of boyishness about him,” the editor’s note concludes. “This is seldom shown, but it is there, revealed in his writings in rare glints. This leads to a final conclusion… Satoshi is human.” What do you think about the book called “Kicking the Hornet’s Nest?” Let us know what you think about this subject in the comments section below. Tags in this story Bitcoin, Bitcoin (BTC), Bitcoin's Creator, Bitcoin's Inception, Bitcoin's Inventor, Book, Compendium, Cryptocurrency, Inventing Bitcoin, Kicking the Hornets Nest, Nakamoto, Notes from the Editor, Satoshi, Satoshi Nakamoto, Satoshi's Writings Image Credits: Shutterstock, Pixabay, Wiki Commons Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimer
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Over the years, we have been introduced to a digital transformation, which has created and shaped communities around the world. Digital technologies have introduced newly evolved ways of how the world interacts, operates, and most of all, conducts exchanges. In the current economic hardship and the Covid-19 global pandemic, the European Union has had to face many operational and structural facts, one of them being the strength of the fiat currency; the Euro. The European Economy Operates via a Flawed System Since the introduction of the Euro, the currency has been in a consistent debate, regarding its strength and endurance within the global exchange. This specific criticism is defined by a strategic error, showcasing a dominant flaw; specifically, the Euro not having a strong asset-backed united economy. The fault has been well argued for the fact that the creation of the Euro intended to mimic the firm stance and ability of the US dollar, yet the European Union is still divided via an economic standpoint between members. Although opinions may vary, one cannot argue the strength of the organizational base of the US economy and consistency of the USD currency portraying a ‘robust’ stance even with the turmoil of changes the year 2020 has presented. ‘This is why the US economy was more prepared for the Covid-19 pandemic. The European economy operates via a different…maybe, one could say, a flawed economic system, and therefore it becomes more vulnerable to change of regulations and stabilize operations during such times’ – Simone Mazzuca Simone Mazzuca With that in mind, the economic hardship for individuals and businesses within the EU could be reduced by the creating regulations which embrace current and future digital technological possibilities. ‘The basis of Europe has a strategic position through the exchange and global power, however, in its current stance with addition to BREXIT, Europe finds itself in an even more vulnerable position’ – Simone Mazzuca Henceforth, the development of stablecoins comes at the right time, especially when international financial policies seem to be polarized by different financial variables and the inflationary nature of the Fiat. This is why Mr Mazzuca created EURST, a USD asset-backed and live audited stablecoin. The newly developed digital currency from Wallex Trust represents 1€ worth of USD, secured by the accounts of the federal reserve and Wallex Trust itself. EURST Presents Opportunities for a Better Economy Issued as a token on the Ethereum network according to the well-established ERC20 standards, the advanced capabilities of blockchain technology enables users to conduct faster and more secure transactions. This is enabled through the use of smart contracts, which digitize deposited funds that are held in a segregated account by the issuer. Thus, empowering users to transact their money without the high costs and lengthy delays of the current financial system. ‘EURST can be used as a logistical background for the representation of the Euro’ – Simone Mazzuca Even more, blockchain technology enables EURST to be fully transparent and live audited as transactions are recorded on the digital ledger, in addition to having regular third-party audits. This presents the ability not solely to bring transparency and security, but also allows users to store their funds within a trusted Custodian, Wallex Custody. Through the use of opening an account within Wallex Custody, users can benefit from additional security and privacy while maintaining fluidity in the deposit, transfer or withdrawal of personal funds convertible to any currency of choice within a quick and borderless matter. In conclusion, EURST presents itself with opportunities and possibilities for a better economy, and, we highlight some dominant features: 1. The protection of wealth from losing value in relation to the Euro may use the stablecoin to save money without opening a bank account in Europe2. Users wanting to deposit funds to cryptocurrency exchanges for trading may use EURST instead of Fiat.3. Oversees workers may use EURST to bypass the expensive transfer fees charger when making fiat remittances to their family back home. Following the above-mentioned advantages, EURST does indeed portray the possibility and opportunity to bring a sort of ‘chameleon’ option for operations with the Euro currency. The transparency and security of the stablecoin, EURST, is that it brings and gives support to individuals and businesses to operate successfully and this, within an economy that is yet to provide us all with reassurance. Link to EURST: https://eurst.io/ Link to Wallex Trust: https://wallextrust.com/ Link to Wallex Custody: https://www.wallexcustody.com/ This is a sponsored post. Learn how to reach our audience here. Read disclaimer below. Tags in this story Bitcoin, Crypto, Cryptocurrency, EU, Euro, Europe, EURST, Simone Mazzuca, Stablecoin, Wallex, Wallex Custody Image Credits: Shutterstock, Pixabay, Wiki Commons Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimer
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Bitcoin’s price has been flashing signs of immense weakness throughout the past few days, with the recent $19,500 rejections sending it reeling lower as analysts watch for further downside. The rejection just below its all-time highs was certainly what sparked the ongoing correction, but some other factors are at play here. One such factor is […]
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The U.S.-based company Digital Asset Investment Management (Daim) has announced the launch of a company-sponsored 401(k) retirement plan that allocates up to 10% in bitcoin. The plan is an ERISA compliant employer-sponsored 401(k) and assets are held in institutional-grade cold storage by leveraging the custodian Gemini Trust. During the last few years, investors have been able to leverage a digital currency retirement plan in the form of an IRA. For instance, the company Bitcoinira helps people invest in cryptocurrencies like BTC, BCH, ETH, and LTC with the firm’s cryptocurrency-focused retirement funds. On Thursday, November 19, 2020, the Newport Beach California-based company Digital Asset Investment Management (Daim) revealed an ERISA compliant employer-sponsored bitcoin 401(k) plan that involves an allocation of BTC. “From the moment we were approved by the State of California in June 2018, we’ve seen incredible inbound demand from individuals eager to invest bitcoin in 401(k)s,” Adam Pokornicky, COO of Daim said during the launch. “Conventional 401(k) plans are restrictive and often lack investment options, causing participants to not only be frustrated but have poor risk-adjusted returns that barely keep up with the rate of inflation.” “This is a bad deal for savers given the current environment. We believe bitcoin has demonstrated it has a place in the modern portfolio and individuals should have an opportunity to “Get Off Zero” and invest directly through their retirement account,” the Daim executive added. According to Daim, the firm will be the 3(38) advisor and fiduciary and it will assist companies who want to offer the 401(k). The plans have traditional assets alongside up to a 10% allocation in bitcoin (BTC). “Bitcoin will be held securely in institutional cold storage custody with Gemini Trust, our partner for our primary investment advisory services. The California firm also explains what happens when an employee leaves a company offering the bitcoin 401(k) plan. Daim states: Should the employee leave their company their Bitcoin will be able to transfer with them. And should an individual want to allocate more to Bitcoin, they can schedule an investment consultation with Daim. Pokornicky also notes that Daim executed an employer-sponsored 401(k) plan back in October 2019 and has been testing for 12 months. Daim is now allowed to launch “scalable 401(k) plans that provide recordkeeping and administrative services.” “[Daim is] excited to lend our fiduciary capacity to enable access to Bitcoin in 401(k) plans in this way,” Pokornicky shared. Other companies that offer bitcoin-related retirement services besides Daim and Bitcoinira include Bitira, Coinira, and Regal Assets. While the digital asset ecosystem continues to grow concepts like retirement services have tapped into the swelling crypto economy. 401(k) plans give employees tax advantages and the U.S. Internal Revenue Code allows 401(k) or IRAs. With digital currency prices posting massive gains in recent days, a bitcoin-based 401(k) may prove to have a much larger retirement yield. What do you think about Daim launching an ERISA compliant employer-sponsored 401(k) with a 10% bitcoin allocation? Let us know what you think about this subject in the comments section below. Tags in this story 401k, 401k plan, Adam Pokornicky, Bitcoin, Bitcoin 401k plan, Bitcoin IRA, Bitira, BTC, California Company, Coinira, Daim, Daim.io, Digital Asset Investment Management, Gains, Internal Revenue Code, IRS, Regal Assets, Retirement, retirement plans, retirement services, retirement yield, sponsored 401(k) Image Credits: Shutterstock, Pixabay, Wiki Commons, daim.io/bitcoin401k, Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimer
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Bitcoin prices have been volatile during the last few weeks, but have managed to climb higher in value at the same time. This week bitcoin derivatives markets, specifically futures and options, show that crypto asset traders should expect more swings going forward. Some traders believe that the digital currency’s price could fill two unfilled gaps on CME Group’s Bitcoin Futures chart with an upward trajectory toward $18,000. During the last few days, bitcoin (BTC) spiked over the $16k handle, as numerous cryptocurrency markets have seen some significant gains this week. On Sunday morning, November 14, 2020, BTC’s price slid under the $16k zone to a low of $15,750 during the early morning trading sessions (EST). The asset has regained some of the lost value and continues to fight the psychological $16k region at the time of publication. Meanwhile, bitcoin derivatives markets have been seeing some intense action, as both futures and options markets show signs of things to come. On November 6, 2020, Skew.com tweeted about how bitcoin options open interest has been “breaking out big.” Needless to say #bitcoin options open interest is breaking out big pic.twitter.com/kg084toK6u — skew (@skewdotcom) November 6, 2020 Essentially, open interest is the measurement of contracts that have been initiated within futures markets held on exchanges like Deribit and CME Group. From Skew’s chart, it shows that BTC options open interest is at an all-time high (ATH), with Deribit capturing the lion share of open interest. CME Group, Okex, and Ledgerx follow Deribit’s lead, and CME’s open interest has been growing massively. In crypto derivatives markets that tend to bitcoin futures and perpetuals, open interest has also reached an ATH this month. With Bitmex’s open interest lower since the recent U.S. investigation, most of the derivatives exchange interest is distributed almost evenly except for Bakkt, which is the third-lowest exchange in terms of open interest. Deribit’s also does not lead when it comes to bitcoin futures markets, and Okex commands the leading position in this arena. In addition to the open interest and trade volumes across bitcoin futures and options markets, BTC traders are eying two specific price gaps from CME Group’s Bitcoin Futures chart. The price gaps which were left unfilled show targets at $17,700 and $18,500 and they stem from BTC’s parabolic rise three years ago. Gaps can be left unfilled both ways and there are a few lower regions that have been left unfilled on CME Group’s Bitcoin Futures chart. For instance, on May 16, 2019, BTC prices slid to $6,600 in a matter of no time, thanks to an unfilled CME gap at the same level. Financial markets show that the “filling the gap” process can also happen on the move back toward higher BTC prices. Bitcoin could rise to these positions ($17,700 – $18,500) in order to fill the CME chart’s void and either consolidate, rise higher, or be pushed back to lower price ranges. Speculative assets, specifically seen on certain CME futures markets, commonly have different variations of price gaps and BTC is no different. On November 6, 2020, BTC filled the gap represented on charts that were recorded on December 21, 2017, at $16,455 to $16,560. There are also two gaps on the downside to keep in mind; one at $11,095 and another at $11,505 as well, which could be just as likely to hit before the $17,700 gap. What do you think about the recent surge in futures and options open interest and the CME bitcoin futures gaps that could fill in the $18k price range? Let us know what you think about this subject in the comments section below. Tags in this story $17K, $18K, Bakkt, Binance, Bitcoin, Bitcoin (BTC), Bitcoin derivatives, bitcoin futures, BitMex, BTC, Bybit, CME gap, CME Group, Coinflex, cryptocurrency exchanges, deribit, derivatives, Finance, Financial Markets, ftx, Futures, Huobi, Kraken, LedgerX, Okex, options, Price Gaps, Prices Image Credits: Shutterstock, Pixabay, Wiki Commons, Skew.com, Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimer
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Bitcoiner Elected to US Senate: Cynthia Lummis Sees 'Great Promise' in Bitcoin A bitcoin hodler has won a U.S. Senate seat. Cynthia Lummis is a bitcoin owner who bought her first bitcoin in 2013 because she believes in the economic power of scarcity and the potential for bitcoin to address some of ... read more. Hash Watch: Bitcoin Cash Services Reveal Contingency Plans for Upcoming Fork The Bitcoin Cash blockchain is set to upgrade on Sunday, November 15 and it's still expected that the network will bifurcate. So far, a number of crypto services have revealed contingency plans for the fork, and today's data shows that ... read more. US Seizes Previously Undetected Silk Road Bitcoins Worth Over $1 Billion The U.S. government has seized over $1 billion in bitcoin from previously undetected transactions associated with the Silk Road marketplace and is now seeking the forfeiture of the cryptocurrency. US Confiscates $1 Billion in Bitcoin From Silk Road The U.S. ... read more. Iran Adopts Bitcoin for International Trade Amid Heavy Sanctions, Falling Rial, Soaring Inflation The Iranian government has adopted bitcoin for international trade as the country's economic crisis deepens, with rising Covid-19 cases, depreciating rial, and intensifying sanctions imposed by the U.S. government. Iran's Economic Troubles Magnified Iran is undergoing a severe economic crisis ... read more. 'Bond King' Jeffrey Gundlach: Stock Market Will Crack Pretty Hard, Bitcoin Good Inflation Hedge Doubleline Capital's CEO, the billionaire "bond king" Jeffrey Gundlach, has predicted that the stock market is going to "crack pretty hard." While he is bearish on the stock market and long-term bonds, Gundlach says bitcoin and gold are good for ... read more. 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On Wednesday, the Ethereum Foundation published ETH 2.0 specifications explaining how the genesis phase will be invoked. Moreover, on November 5, ... read more. Another Mysterious String of 1,000 'Satoshi Era' Bitcoins Mined in 2010 Moved Today On November 7 at around 12:37 a.m. (EST), another string of so-called ‘sleeping bitcoins’ were moved for the first time since 2010. The peculiar movement stemmed from 20 blocks from 2010 with approximately 1,000 BTC spent ($15.5 million) in a ... read more. 8,000 Bitcoin Scam Victims Get Refunds From US Regulator The U.S. Federal Trade Commission is refunding about 8,000 victims who lost money from investing in two bitcoin scams. The fraudulent schemes promised that investors could turn their cryptocurrency payments of about $100 into $80,000 in monthly income. Bitcoin Pyramid ... read more. Ethereum User Spends $9,500 in Fees Sending Just $120 in an Error to Forget An Ethereum user mistakenly paid $9,500 in transaction fees to send just $120. The user, identified by their Reddit moniker 'Proudbitcoiner', says the transaction "destroyed my life" and is now desperately asking miners to return the money. According to a ... read more. 39 Firms Have Applied to Offer Crypto Services Under New Regulation, Says Dutch Central Bank Thirty-nine companies have applied for registration with the Dutch central bank to provide cryptocurrency services, the regulator told news.Bitcoin.com. They include crypto exchanges and custodial wallet providers. Dutch Central Bank Begins Registering Crypto Service Providers De Nederlandsche Bank NV (DNB), ... read more. Hash Watch: Kraken Announces BCH Fork Plans, Bitcoin ABC Reveals Two-Pronged Effort A number of third party infrastructure providers have announced contingency plans for the upcoming Bitcoin Cash upgrade on November 15, 2020. Hitbtc has revealed the exchange's plans to halt bitcoin cash transactions on that day, and it plans to credit ... read more. 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Former Microsoft Engineer to Serve 9 Years in Prison in a Case That Involves Use of Bitcoin Mixers A U.S. court in Seattle has sentenced a former Microsoft engineer to 9 years in prison after finding him guilty of 18 federal felonies relating to his elaborate scheme to defraud the tech giant $10 million. In passing the judgment, ... read more.
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Chainlink has recovered from its recent lows and is in the process of pushing higher despite seeing a strong selloff earlier today. The cryptocurrency’s current strength is coming about due to that seen by Bitcoin, with the benchmark cryptocurrency also pushing higher as bulls try to reverse the recent weakness it has seen as a […]
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