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December 2021

Here’s why Ethereum traders could care less about ETH’s current weakness

Here’s why Ethereum traders could care less about ETH’s current weakness

ETH price could hit new lows near $3,600, but derivatives data suggests pro traders still feel bullish. Since hitting an all-time high at $4,870 on Nov. 10, Ether (ETH) price has been posting lower lows over the past 50 days. If this downtrend continues, the lower trendline support suggests that the altcoin will bottom at […]

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BITCOIN IS NOT DIRTY: IT IS RADICALLY GREEN

BITCOIN IS NOT DIRTY: IT IS RADICALLY GREEN

A common misconception, bitcoin is not a drain on the environment but an incentive for ever-increasing energy efficiency. Upon reading the opinion piece in the San Francisco Chronicle penned by Steve Westly, we are reminded of Brandolini’s Law, which we paraphrase here: “The amount of energy needed to refute misinformation is an order of magnitude larger than is needed to produce

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‘Buy Now, Pay Later’ Apps Like Affirm and Afterpay Just Became the Subject of a Federal Watchdog Probe

‘Buy Now, Pay Later’ Apps Like Affirm and Afterpay Just Became the Subject of a Federal Watchdog Probe

A federal consumer watchdog just launched a probe into five major companies offering “buy now, pay later” (BNPL) services. The Consumer Financial Protection Bureau (CFPB) announced Thursday that it’s opening the inquiry to determine the benefits and risks of the loan-like programs, which have become increasingly popular alternatives to payments made by debit or credit

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German Sparkasse-Savings Banks to Launch Bitcoin and Ethereum Services

German Sparkasse-Savings Banks to Launch Bitcoin and Ethereum Services

A group of about 370 savings banks in Germany, collectively known as Sparkasse, are working on plans to launch services bothering around Bitcoin (BTC) and Ethereum (ETH) as early as the coming year 2022. As reported by the local magazine, Capital, the plan is at the advanced stages and is subject to approval from the Sparkasse committees who will

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SBI Group launches crypto-asset fund for Japanese investors

SBI Group launches crypto-asset fund for Japanese investors

The SBI crypto-asset fund consists of seven cryptocurrencies including Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Chainlink and Polkadot, none exceeding more than 20% in ratio. Tokyo’s biggest finserv firm, SBI Group, will now allow general Japanese investors to purchase cryptocurrencies via its newly launched ‘crypto asset fund’. The fund is composed of seven cryptocurrencies including

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Russia to Decide Between Full Ban and Legalization of Crypto Investments, Trade

Russia to Decide Between Full Ban and Legalization of Crypto Investments, Trade

Authorities in Russia are discussing two very different approaches to the regulation of cryptocurrencies and related activities. While the Bank of Russia is reportedly seeking to introduce a ban on buying crypto assets, lawmakers are moving forward with efforts to adopt rules for mining, exchange, and taxation that would effectively legalize cryptocurrencies. Russian Officials Debate

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Bitcoin Slides Toward K, Dropping Alongside US Stock Market

Bitcoin Slides Toward $46K, Dropping Alongside US Stock Market

Bitcoin’s hopes for a powerful year-end rally toward $100,000 are fading. Bitcoin fell for a second day, touching its lowest price in nearly two weeks, as a barrage of bearish factors hit cryptocurrencies along with risky traditional market assets like stocks. Bitcoin (BTC) was changing hands around $46,000 at press time. Earlier, the price of

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EIGHT YEARS SINCE THE MEME WAS BORN, WE’RE STILL HODLING BITCOIN

EIGHT YEARS SINCE THE MEME WAS BORN, WE’RE STILL HODLING BITCOIN

Eight years ago today, an infamous, whiskey-soaked Bitcointalk post gave birth to the HODL meme, still the best investment philosophy in Bitcoin history. “I type d that tyitle twice because I knew it was wrong the first time. Still wrong. w/e.” Eight years ago today, in a now infamous, whiskey-soaked Bitcointalk post, a meme was

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Snoop Dogg, Deadmau5 and NFTs — The Sandbox Alpha Game Review

Snoop Dogg, Deadmau5 and NFTs — The Sandbox Alpha Game Review

I came to the Sandbox Alpha for the musical experiences of Snoop Dogg and Deadmau5. It was awesome dancing with my voxelated avatar: green hair, pink sports bra, denim shorts, yellow stockings, and red shoes. All with the insane creatures around me dancing, and the feeling of indulging in a real concert with flashing lights

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ConsenSys launches Rollups for privacy-enabled transactions on Ethereum blockchain with support of Mastercard

ConsenSys launches Rollups for privacy-enabled transactions on Ethereum blockchain with support of Mastercard

The move would usher a new era of user privacy as public ledgers face scrutiny over their ability to be traced by blockchain data analytics firms. On Thursday, ConsenSys, a prominent developer of Ethereum (ETH) software, announced the launch of enterprise software ConsSys Rollups. The service, designed on the basis of zero-knowledge (ZK) proofs, is meant

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