Bitcoin and Ethereum Struggle To Gain Ground, Altcoins Consolidate
Bitcoin price failed to remain stable above the USD 36,500 support zone. BTC extended its decline below the USD 35,000 support level. It is currently (04:40 UTC) showing a few bearish signs, with a major support near the USD 33,500 level. Besides, most major altcoins are struggling to recover. ETH settled below the USD 2,500…
Taproot, CoinSwap, Mercury Wallet, and the State of Bitcoin Privacy in 2021
Source: Adobe/Kevin McGovernPrivacy is a bit of a complicated topic in Bitcoin (BTC). While the mainstream media have often referred to the cryptoasset as a form of anonymous currency for the internet, the reality is that every Bitcoin transaction made on the base blockchain layer is completely public and stored on thousands of computers around…
What Crypto Traders & Investors Can Learn From Daniel Kahneman About Noise
Source: Adobe/MariaBen Newell, Professor of Cognitive Psychology, UNSW. _____ Imagine two doctors presented with identical information about the same patient giving very different diagnoses. Now imagine the reason for the difference is because the doctors have made their diagnosis in the morning or afternoon, or at the beginning or the end of the week. This…
US-Sanctioned Actors Use Crypto in New Ways to Evade Restrictions
Source: iStock/oushieSanctioned actors and jurisdictions worldwide are finding new ways to use cryptoassets to evade restrictions and continue their illicit activities, per a recent report by blockchain analytics firm Elliptic. Some of the ways this is accomplished is using privacy coins, coinswap services, privacy wallets, decentralized exchanges (DEXes) and decentralized finance (DeFi) platforms that don’t…
Another Two Binance Smart Chain Projects Suffer Flash Loan Attacks
Source: Instagram, BinanceAnd yet another two projects on Binance Smart Chain (BSC) suffered incidents, in the form of more flash loan attacks – and this time it’s Burger Swap (BURGER) and JulSwap (JULD). BSC, ran by the crypto exchange giant Binance, may be getting more popular among the projects, but it’s also becoming increasingly ailed…
Breaking Down Elon Musk’s Misunderstandings About Bitcoin
Bitcoiners yearn for the good old days of great debates with informed critics who were up for the intellectual challenge. It allowed the community to hone its thought processes, build knowledge and skills to widen the debate and discussion, and generally strengthen our resolve and commitment to our investment thesis.Unfortunately, we have been completely out…
Dip Drama: Three Lessons The Bitcoin Dip Can Teach You About Relationships
Marriage during the dip can be maddening, yet enlightening. Here are some lessons I’ve learned from the last two bitcoin dips.I have been married for just over a year, and few things have caused my wife and I as much friction as bitcoin. Financial fitness, or lack thereof, is one of the determining factors in…
Onboarding The Masses To Lightning With Desiree Dickerson
Dickerson is deep in the trenches of the Lightning Network and pioneering its adoption.Watch This Episode On YouTubeListen To This Episode:AppleSpotifyGoogleLibsynOvercastOn this episode of the “Bitcoin Magazine Podcast,” Christian Keroles sat down with Desiree Dickerson, the vice president of business operations at Lightning Labs and cofounder of MintGox! Dickerson is deep in the trenches of…
Texas Law Creates Legal Clarity For Bitcoin
The bill formally defines virtual currencies and offers individuals and businesses a clear legal environment for bitcoin investment.The bill formally defines virtual currencies and offers individuals and businesses a clear legal environment for bitcoin investment.State lawmakers in Austin, Texas have achieved a milestone in Bitcoin regulation as the state Senate passed House Bill 4474 this…
Biden’s $6 Trillion Budget Could Fuel Inflation Fears And Bitcoin Gains
The president is printing like he’s got his own bitcoin bags, and there is no end in sight to the monetary expansion expected to come.When it rains, it pours. It appears that this is true for both weather and expansion to the monetary base of the United States. According to a report by the New…