Tag: bitcoin trader

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Forget the Market Slump – Inflation Will Define Bitcoin This Year and Beyond

  Chen Li is the CEO and Founder of digital asset venture capital firm Youbi Capital._______ Inflation: the word on everyone’s lips in 2022. With rising prices squeezing budgets more than we’ve seen in the last four decades, investors and consumers are desperate for ways to protect their purchasing power…. Read More: Forget the Market…
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Move Over Web3 (and Web4), Jack Dorsey’s TBD Is Building Web5

Twitter and Block co-founder Jack Dorsey is back at taking shots at Web3 again as TBD, a Bitcoin (BTC)-focused subsidiary of Block, announced that it is building Web5 – a Decentralized Web Platform (DWP) that is meant to enable ‘truly’ decentralized apps and protocols. According to the description on the project’s site, Web5 will return…
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Do Kwon’s alleged $80 million withdrawals before Terra fallout triggers mixed reactions

Analyst Michaël van de Poppe said that the Terra founder deserves jail, comparing Kwon to fraudster Bernie Madoff, who was jailed after running a Ponzi scheme. Reports that Terra (the new LUNA orLUNA2) founder Do Kwon allegedly withdrew $80 million monthly before the project crashed surfaced Friday, leading members of the community to voice their…
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Crypto Biz: Stablecoins are paving the way for mass adoption of crypto, June 2–8

Checkout.com, FTX, PayPal and Crypto.com headline the latest business news from the world of cryptocurrency and blockchain. Stablecoins are a controversial subject in crypto. Questioning the legitimacy and backing of Tether (USDT) is a right of passage for many entering the crypto market for the first time. The meltdown of the Terra (LUNC; or the…
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Armstrong tweets in public airing of Coinbase’s internal discontent

The petition was quickly removed, and the number of signatures was not shown, but its list of objections to the Coinbase status quo got a big reaction from the CEO. A disgruntled Coinbase employee, identified only as 0x58E3, created a petition on Mirror.xyz on Thursday calling for the removal of three company executives. The petition,…
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Jack Dorsey is building ‘Web5’ powered by Bitcoin

Block Inc. is looking to bypass Web3 entirely and focus on a new Bitcoin-centric model for identity management. Block subsidiary TBD has announced plans to build a new decentralized web centered around Bitcoin (BTC), underscoring founder Jack Dorsey’s belief that the largest blockchain network will play a major role in the internet’s evolution.  The new…
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Here’s how blockchains are helping to advance the global energy grid

Governments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors’ growing interest in crypto is leading to positive steps in the energy sector. The blockchain industry’s impact on the energy sector has been a major source of controversy over the past five years. Governments and environmental protection advocates have…
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‘Ubiquitous’ Crypto Payments, Custody Exchange Network, DCG and Huobi Get New Arms + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______… Read More: ‘Ubiquitous’ Crypto Payments, Custody Exchange Network, DCG and Huobi Get New Arms + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

MOVEZ Soars 30x Hours after Listing on OKX

Less than a month after the successful multi-platform IDO on top launching pads like BSCPad, Polypad, GameZone, and MetaVPad, MOVEZ, the governance token of MoveZ, is up ??X on its IDO price and is massively outperforming BTC, ETH, and BNB, according to trackers on June 10, 2022. Listing on Top Centralized Exchanges The MOVEZ token,…
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Bitcoin Falls Below USD 30K as US Inflation Beats Expectations Again

  The price of bitcoin (BTC) fell below the USD 30,000 mark today as US inflation hit 8.6% in May, up from 8.3% in April and above analysts’ expectations. “While almost all major components increased over the month, the largest contributors were the indexes for shelter, airline fares, used cars and trucks, and new vehicles,” the announcement…
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