Mark Cuban, like many other tech magnates, has a bit of a history when it comes to his take on Bitcoin. It’s fluctuated from near total dimissal to excited embrace to… what now seems to be something of a coherent thought published on his own blog.
After years of teasing his stance on crypto — everything from his ownership of half a bitcoin to declaring himself the ‘former CEO of Dogecoin’ — Elon Musk has finally capitulated on Bitcoin. He added it to his Twitter bio in what seems to be an endorsement.
Since the beginning, one of the biggest criticisms of Bitcoin — and indeed, the entire cryptocurrency space — has been its great volatility. But an interesting trend has emerged in recent years: Bitcoin’s volatility is decreasing while that of other traditional assets is increasing…
DeFi is an abbreviation for decentralized finance and is a set of services found in traditional finance implemented on the blockchain. The vast majority of DeFi activity is occurring on the Ethereum blockchain but this will most likely evolve as the ecosystem matures. The DeFi ecosystem is based around the ERC-20 token standard.
If you were frustrated by the recent Robinhood outage or stock halts that lasted multiple hours, you might be considering how you can move your stock off of the brokerage to another. Good news for you: You can do that if you want! Bad news: Robinhood charges a fee.
2021 has been the year of a fundamental shift in Bitcoin interest, with various institutions — namely publicly-traded US companies — buying up Bitcoin in droves. It started with MicroStrategy and Square, and continues today with Marathon Patent Group.
Just a couple weeks ago, Nextech AR Solutions announced it was buying $2 million in Bitcoin as part of a “new capital diversification and allocation strategy”. Well, that didn’t last long. Today the company sold all its Bitcoin holdings because of a misleading news story that projected a fundamental misunderstanding of blockchain technology.
Bitcoin and Tesla. At face value, these two things have almost nothing in common. One is a blockchain-based cryptocurrency (cryptoasset?) and Central-Bank-replacement-hopeful. The other is a burgeoning maker of electric vehicles and energy-company-hopeful. And yet, they share much of the same space riding the retail investing airwaves and Twitter memes.
Yesterday the report of the first verified Bitcoin double-spend was making the rounds. BitMex Research posted details of the incident via Twitter. For several minutes the transaction in question showed up in two separate blocks but in the end the protocol worked as designed.