Bitcoin News

  • UST’s counterattack

    In the unpredictable market environment of 2022, stablecoins take center stage. Stablecoins play a very valuable role in the Crypto space because they allow holders to retain “cash” in the ecosystem while leveraging the financial superpower of blockchain and DeFi. Stablecoins are also one of the fastest growing verticals in the Crypto space, with the total market capitalization of stablecoins increasing by 115% over the past year and by 2950% since January 2020 . Above: Supply growth of major stablecoins. Source: The Block The most notable in the stablecoin space of late is Terra’s…

    2022-04-23 News
  • 8 things in crypto that will improve your odds of making money

    This article sorts out the opinions of encryption researcher Route 2 FI on personal social media platforms, and BlockBeats organizes and translates them as follows: 1. Crypto is a game of chance, but most people see it as a gamble Let’s do a very simple excercise to illustrate how to get positive expected value (+EV) in your own investments. The first is to consider long-term investment in BTC, let us set up the following 4 scenarios: 1. BTC will hit new highs this year 2. BTC will continue to trade…

    News 2022-04-22
  • Crisis and Opportunity of Stablecoins: Catalysts to Accelerate the Death of Public Chains, Super Opportunities to Replace BTC

    All victories come from perseverance in faith. Believe in the power of belief, you and I have never been disappointed here. Welcome to pay attention to Starry Sky Value Investment, there is always someone to look up to the Starry Sky. As mentioned in the previous article: There are many articles about the Crypto industry and project research, but most of them analyze the project from the perspective of technology and data. In reality, this kind of article doesn’t help investors see what’s going to happen next. Therefore, Akong will…

    News 2022-04-22
  • An Italian town of 2,500 people is experimenting with “Bitcoin mining”

    Is Eco-Friendly Bitcoin Mining Possible in Italy? In Italy, environmentally friendly bitcoin mining is becoming possible, with additional support for renewable energy producers. This year, under Graziadei’s leadership, Borgo d’Anaunia, which has about 2,500 people, became the first city in Italy to operate an encrypted data center. On a small shelf at the end of Alta Novella’s historic turbine room are 40 state-of-the-art application-specific integrated circuit (ASIC) machines that power bitcoin, the world’s most popular cryptocurrency. Image via CoinDesk Under pressure from rising energy costs and concerns about meeting climate goals,…

    Bitcoin News 2022-04-22
  • What did this Russian crypto mining company do? The United States wants to sanction it

    As the conflict between Russia and Ukraine continues, the United States once again expands sanctions against Russia. On April 20, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) released a list of entities and individuals who helped Russia evade economic sanctions imposed on Russia by the United States and its international partners. The new targets are Russian commercial bank Transkapitalbank and a network of more than 40 people, including oligarch Konstantin Malofeyev, who are helping the Kremlin dodge economic punishment, Treasury officials said. It is worth…

    2022-04-21 News
  • Retail interest in cryptocurrencies declines Professional investors explore next price inflection point

    Google search data and exchange activity suggest that cryptocurrency investors are looking for the next big thing to bring new capital into the ecosystem, while retail interest is dwindling. One of the main narratives about what cryptocurrency investors can expect is that there will be a major shift in public perception, triggering a new round of capital from retail and institutional traders. Unfortunately for these hopeful bulls, data shows the opposite has happened for nearly a year, as evidenced by the drop in Google searches for the term Bitcoin (BTC)….

    News 2022-04-21
  • International regulation and coordination of private digital currencies

    Private digital currency, as its name suggests, is a digital currency issued by private individuals, originated from Bitcoin issued by Satoshi Nakamoto in 2008, and has the characteristics of decentralization, anonymity, and cross-border. In the context of the global credit crisis triggered by the subprime mortgage crisis in the United States, the types and scale of private digital currencies continue to expand. According to data from the cryptocurrencies website , as of March 2022, there have been 12,461 private digital currencies such as Bitcoin, Ethereum, and Ripple, with a total market value of…

    News 2022-04-21
  • The next bitcoin is called peculiar coin

    In April 2022, Bitcoin will usher in an important time node. With the advent of the 19 millionth Bitcoin, Bitcoin has once again become the focus of discussion. The market value of trillions, the first choice for hedging, and the high price of a single coin exceeding 260,000 yuan. Behind the coronation of the halo is the preference of global investors for Bitcoin. However, this also caused anxiety among some people, because according to Nakamoto’s design, there are still up to 2 million bitcoins to be mined. At the same time, the increasingly high…

    2022-04-21 News
  • Bitcoin-related judgments increase by nearly 1,000 property attributes each year

    A few days ago, a lawyer disclosed a recent ruling by the Beijing Arbitration Commission. The ruling stated: “Virtual currencies, including bitcoin in this case, are virtual properties and are protected by law.” But in fact, according to the statistics of 21st Century Business Herald reporters, cases involving virtual currency disputes belong to emerging fields. There are big differences in the judgment ideas of similar courts/arbitration institutions, and the phenomenon of “different judgments in the same case” is not uncommon in judicial practice, but on the whole, the appeals of relevant…

    Bitcoin News 2022-04-20
  • Bloomberg interview with Do Kwon: the most trafficked Bitcoin “madman”

    In 2016, when Do Kwon was just a little-known startup founder with an ambition to bring free internet services to everyone, he began to notice that his research on distributed networks continued to Content related to Bitcoin and Ethereum appears. He soon discovered that he had fallen into the “crypto rabbit hole”. Fast forward to today, and this “newcomer to the industry” has now become one of the most influential and controversial figures in the crypto rabbit hole. On the one hand are the legions of fans and deep-pocketed crypto…

    Bitcoin News 2022-04-20
  • North Korean hacker organization Lazarus Group: Ronin, KuCoin and many other industry accidents are behind the scenes

    Hacker attacks have now become a normal occurrence in the crypto ecosystem. According to the 2022 Q1 report of Chainalysis, hackers will steal $3.2 billion worth of crypto assets in 2021, but in the first three months of 2022, hackers will steal from exchanges, DeFi Protocols and ordinary users stole about $1.3 billion in crypto assets, 97% of which came from DeFi protocols. Among the hacker groups, the North Korean hacker group Lazarus Group has received the most attention recently. According to the U.S. Treasury Department, the group was behind the…

    2022-04-19
  • Bitcoin holdings weekly report: Large institutions buck the trend and open a multi-stage inflection point to stop falling?

    The latest CFTC CME Bitcoin holdings weekly report (April 6-April 12) released on April 16 shows that Bitcoin has fallen sharply by more than $5,000 during the statistical period, and the currency price has dropped again after a lapse of nearly a month. Below the 40,000 integer mark. What choices are made by various accounts in the context of the sharp fall in the market is the focus of this weekly report. The total open interest of Bitcoin standard contracts has declined, from 11374 to 10632. This value has dropped for…

    2022-04-18 Bitcoin News
  • Terra and the two founders of the Avalanche Protocol in dialogue: the intersection of parallel universes

    When Terra, a huge financial empire, began to expand rapidly, the stability of the native Stablecoin became more and more important. After announcing the introduction of Bitcoin as the UST reserve, founder Do Kwon announced on April 8 that AVAX will also become the UST reserve, and like LUNA, UST will support native minting on the Avalanche chain. The decentralized Stablecoin is a large-scale experiment. The success of UST has also allowed other public chains to see the possibility of being stable. Avalanche’s choice to use UST directly is indeed a…

    News 2022-04-16
  • 2022 Trend and Potential Project Value Research: BTC Telegram+ Music Opul

    Starting from 2022, the world economy will enter a relatively magical rhythm. The Fed’s interest rate hike and China’s policies will affect the nerves of the world economy. Now with the more uncertain factor of war , the economic value in 2022 may further tend to return to pragmatism and practical application, and the long-term sustainability of pure Fomo hype should drop significantly . The world may enter a depression cycle at any time. Of course, even in a depression cycle, there will be bright spots. The long-term value of…

    2022-04-15 Bitcoin News
  • Inflation steals time is Bitcoin a “good medicine”?

    “Any paper currency eventually returns to its intrinsic value – worthlessness.” – Voltaire During the reign of Nero (37-68 AD), the Roman Empire instituted a disastrous policy, which was one of the main reasons for its demise. To maintain the empire’s massive spending, officials began to devalue the currency. They “cut” gold flakes from existing coins and used these flakes to mint new coins. As the empire continued to expand, the coins became smaller and smaller. Prices are rising, while the purchasing power of each coin is falling. By 265 AD, prices across the empire…

    News 2022-04-14
  • Don’t be misled, banking uses five times more energy than Bitcoin

    Bitcoin, and all cryptocurrencies in general, has faced a lot of opposition over the years since its inception. Now the question arises: Are these claims about Bitcoin’s environmental impact exaggerated to limit its adoption? An estimated 114 million wallets worldwide hold Bitcoin, and this number is expected to continue to increase. However, this growth has been accompanied by an increase in the use of non-renewable energy. This is a new argument against the use of cryptocurrencies. Still, data from Bitcoin advocates suggests that the traditional banking system produces more than five times the…

    Bitcoin News 2022-04-14
  • Beijing Arbitration Commission: Bitcoin is protected by law but there is a condition

    Is Bitcoin protected by law in China? Recently, in an entrusted management bitcoin dispute case represented by the Liu Yang lawyer team of Beijing Deheng Law Firm, the Beijing Arbitration Commission ruled: “The contract in this case is not an illegal contract, nor does it violate public order and good customs, and there is no invalid situation, but a A legally valid contract.” The Arbitration Commission stated that ” virtual currencies including the bitcoins in this case are virtual properties and are protected by law “. Article 127 of the “Civil Code” stipulates…

    News 2022-04-14
  • Cosmos topic: Platform-type public chain Juno, Evmos foundation for ecological prosperity

    Introduction to Juno Network Overview—Why Juno Developed by the community, Juno is a layer 1 public chain built by the Cosmos SDK. It uses the Tendermint consensus module and accesses the IBC protocol. It is the first smart contract platform-type public chain in the Cosmos ecosystem , and developers can freely develop dApps just like on Ethereum. Most of the applications in the Cosmos ecosystem serve applications with specific functions. For example, the application chain Osmosis is dedicated to building DEX, while the Cosmos Hub focuses on IBC and ecological security (the original…

    2022-04-14 News
  • Why did the Coinbase listing announcement spark a heated discussion in the community?

    On April 11, Coinbase decided to list more than 50 digital assets, including 45 ERC-20 tokens and 5 Solana tokens . Since then, however, the exchange giant has come under fire as many believe that some of these tokens may be spam and subject to Rug-pulls. As expected by some community members, the value of some of the tokens disclosed by Coinbase has risen sharply. Big Data Protocol (BDP) and Dope Wars Paper (PAPER) rose more than 100% and 80%, respectively, leading many to question the selection criteria of Coinbase tokens . Cobie, an…

    News 2022-04-13
  • Beijing Arbitration Commission finds that Bitcoin is a virtual property and is protected by law

    Recently, the Beijing Arbitration Commission made a ruling to reject all the claimant’s arbitration claims in a case of entrusting the management of bitcoin disputes as the attorney for the respondent. Regarding the focus of the dispute on whether the entrusted purchase of bitcoin contract is valid, the arbitral tribunal believes that: the contract in this case is not an illegal contract, nor does it violate public order and good customs, and there is no invalid situation, but a legal and valid contract. The reasons are: First of all, virtual currencies including…

    2022-04-13 News