Tag: cryptocurrency
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Coinbase Global (COIN.Q) goes live on NASDAQ to the tune of $86 billion, but will it beat the hype?
Cryptocurrency exchange Coinbase went live on the NASDAQ today using the ticker symbol COIN.Q to the tune of $86 billion. If your first reaction to that number is an eyeroll and a whatever-you-say you’re not alone. We’ll get into that in a moment, but for right now let’s consider what this means for the development…
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Hive Blockchain Technologies (HIVE.V) and Marathon Digital Holdings (MARA.Q): object lessons in bitcoin mining scaling
Crypto doesn’t really have the same appreciable metrics as other assets in determining value. The closest asset we have for comparison is gold, so much in fact that Bitcoin (and Ethereum) actually possesses a lot of the same characteristics—such as their shared tendency to act as a safe haven asset. But gold is in limited…
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What is a NFT and Can Somebody Make It Go Away?
This is insane. It was the morning of February 24th, 2021. The sun was half-shining and I had happily forgone the online Pilates class I’ve been planning to do for weeks. I was brewing my third cup of Nespresso coffee when assaulted by the headline: “Picasso, Rothko, Cézanne, Warhol, and…Beeple?” Who is Beeple? You may…
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Mark Cuban and Logan Paul highlight everything about what’s shifty about NFTs
Today in strange blockchain news, Mark Cuban sold one of his tweets to the tune of $952.94. Here’s the tweet: The Store of Value Generation is Kicking Your Ass and You Don’t Even Know it Yet !https://t.co/7YQ7ueXFLr — Mark Cuban (@mcuban) January 31, 2021 Eighteen words comes out to $52.94 a word. Not a bad…
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DJIA drops 600 points, Bitcoin (BTC-USD) falls USD $2,000, Fear Index (VIX) surges 61%, as Biden hits a wall of anti-vaxxers
According to the “collective wisdom of the markets,” the DJIA is worth 50% more today than it was in March 2020.
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The Bitcoin Bubble: Is Tether too big to fail?
Bitcoin’s zoomed to a new all-time high of $28,601.89 over the Christmas season, likely fattening the wallets of hodlers while causing a nasty case of regret in everyone who didn’t get in when it was $2,000 about a year and a half ago. But there was some uneasy rumblings throughout the cryptosphere about what it…
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Biggest hack in Twitter (TWTR.Q) history highlights developments in cyber-crime tracking
Twitter (TWTR.Q) got hacked earlier this week in what is probably one of the most brazen incidences of phishing since the technique was first recognized, but it’s not just the phishing scam—which by and large was fairly transparent—but the who and what that got hacked that made it so significant. Jack Dorsey’s going to have…
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NetCents Technology (NC.C) cracks the daily payment code and enhances UX for merchants
Cryptocurrency has a trust problem. Most merchants look at it, see the volatility, note the scaling problems, and go back to their trusted VISA and Mastercard setups for their online daily settlements. NetCents Technology (NC.C) management has been trying to crack the code on daily payments throughout 2020, trying their best to streamline and enhance…
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Thursday Recap: Price Wars Make A Good Acquisition Strategy
Nordstrom beats earnings Shares of Nordstrom surged by over 10% during extended trading Thursday after the company reported fiscal third-quarter earnings that beat analysts’ estimates. Here are the stats: Nordstorm may have beat earnings, but is still suffering the scourage that is upon the sector as a whole. However, the firm has leaned into changing…
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Busted Bitcoin pedophiles have started killing themselves
Two child-rape perverts killed themselves after the darknet’s “largest-known site of child exploitation videos” was busted. The South Korean website operator is in prison and 337 villains have been arrested after the U.S Department of Justice (DOJ) discovered their identities by following a trail of Bitcoin transactions. The scope of this issue is hard to…