The below is a direct excerpt of Marty’s Bent Issue #1086: “Keynesianism doesn’t work because it discards local information.” Sign up for the newsletter here. You can hone in on Keynesianism or zoom out further and focus on the broad topic of top-down control. Any way you cut it, it has become evident many times throughout history and is glaringly obvious at this particular juncture; these attempts to micromanage complex systems will never work. They will never work because they Read more …
Orlando Bravo, the billionaire who co-founded private equity firm Thoma Bravo, says he is very bullish on bitcoin, expecting the cryptocurrency to “increase significantly.” He described: “Crypto is just a great system. It’s frictionless. It’s decentralized. And young people want their own financial system. So it is here to stay.” Billionaire Investor ‘Very Bullish’ on Bitcoin Orlando Bravo, co-founder and managing partner of private equity firm Thoma Bravo, talked about bitcoin Wednesday at CNBC’s Delivering Alpha conference. His net worth Read more …
The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. In today’s Daily Dive we will dig into a new metric for timing bitcoin bottoms. This metric will use the realized price of two separate cohorts of bitcoin investors; long-term holders and short-term holders. First, before digging into the metric, let’s define some Read more …
sponsored One of the backbones of crypto market in today’s world are decentralized exchanges that took the world by the storm in recent years. And as the crypto exchange market is moving and developing rapidly, it is absolutely no surprise that the exchanges have to evolve in accordance. Therefore, today, The CEO of Soldex.ai, John Robertson will present you with the next step in crypto exchanges, which is the AI powered trading that may be the future of the token Read more …
On September 27, the digital currency firm Coinbase announced that U.S. customers will soon be able to directly deposit their paycheck into their Coinbase accounts. With the new direct deposit feature, Coinbase customers can leverage their funds to make investments, generate yield, or add value to their Coinbase prepaid debit card. US Coinbase Customers Will Soon Be Able to Use Direct Deposit Feature Coinbase has come a long way since the firm was created in 2012, and now as a Read more …
Starting today, Avalanche (AVAX) is available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store AVAX in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Trading for these assets is also supported on Coinbase Pro . Avalanche (AVAX) describes itself as an open, programmable smart contracts platform for decentralized applications. AVAX is used to pay transaction fees and can be staked to secure the network. Avalanche is Read more …
With an ever-growing number of Bitcoin books being published, choosing which book to read next can be difficult. “The 7th Property: Bitcoin and the Monetary Revolution” by Eric Yakes guides readers through a vast array of Bitcoin-related topics, turning seemingly complex topics such as Merkle roots and the mining algorithm into highly approachable subjects using effective graphics and analogies. Whether you’re looking to learn more about the history of money, the centralization of money and banking, or how Bitcoin actually Read more …
Watch This Episode On YouTube Listen To This Episode: It is hard to argue with the assertion that Silicon Valley and the tech world are the spaces that are driving growth in the contemporary world. But why exactly is that? In this episode of the “Bitcoin Magazine Podcast,” we were joined by Rob Hamilton, who published “Why Has The Physical World Not Progressed Like The Digital?” in Bitcoin Magazine recently, and we used this opportunity to unpack his piece. “I Read more …
On Thursday afternoon during the Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response hearing Federal Reserve Chairman Jerome Powell confirmed that the U.S. has no plans to ban Bitcoin and cryptocurrencies. During the hearing, House Representative Ted Budd (R-N.C) questioned Chairman Powell about the state of inflation in the United States. Powell deflected the inflation questions, claiming the inflation in this country is due to the oft-repeated supply chain crises caused by the Government’s pandemic response. Effectively the chairman Read more …
One of the largest and oldest American comic book publishers DC Comics, Inc., has announced the firm has partnered with Palm NFT Studio in order to unleash a large swathe of non-fungible token (NFT) collectibles. The NFT drop will take place during the DC Fandome on October 16 and the NFT art will feature superheroes like Batman, Superman, Green Lantern, Wonder Woman, and Harley Quinn. American Comic Book Publisher DC Comics to Drop a Large Collection of NFTs Two weeks Read more …
Over the past six months, bitcoin ATM company Bitcoin Depot has more than tripled its machine count across the U.S. and Canada, according to a press release. The expansion was fueled by an appetite for BTC from a wide range of communities in North America, especially the unbanked. Bitcoin ATMs increase convenience by enabling physical purchases with cash — without requiring the customer to have a bank account — but also entail high costs. “It’s no doubt the crypto market has captured mainstream interest, Read more …
Bitcoin miners seek the cheapest sources of energy available to increase their profit margins. States with a deregulated energy grid, such as Texas and Wyoming, let customers choose between energy providers, attracting miners and fostering innovation. In contrast, highly regulated states with energy-limiting policies, like California and Connecticut, artificially elevate energy prices, pushing miners and innovation away. Bitcoin-friendly states will be the ones to benefit the most from innovation and technological development in the coming decades. Bitcoin mining companies have Read more …