Crypto trader, analyst and operator Qiao Wang looks at bitcoin’s macro resilience and why DeFi is here to stay.
Riot Buys 2,500 More Bitmain Miners in Latest Fleet Expansion (CoinDesk)
The publicly traded miner aims to quadruple its current hash rate by mid-2021.
2020 Not a Good Year for Crypto Exchanges as 75 Already Shut Down This Year (Cryptoglobe)
A total of 75 cryptocurrency exchanges have already shut down so far this year by either voluntarily shutting down, getting hacked, being shut down by …
Kyrgyzstan’s central bank suspends SWIFT to prevent capital outflow (Cointelegraph)
The bank is shutting down the SWIFT network as protests rocked the country.
Kazakhstan Enters Bitcoin Mining (TrustNodes)
The forgotten country of Kazakhstan has found a way to make itself noticed, offer tax free bitcoin mining. Cheap energy at 4 cent kilowatt per …
Ryan Selkis and Synthetix founder Kain Warwick face-off to debate DeFi’s future at BlockDown 3.0 (Cryptoslate)
BlockDown 3.0 is set to host a colossal clash on DeFi as crypto visionaries make bull and bear cases for the decentralized finance movement which …
Ex- JP Morgan investment banker gives 5 reasons why DeFi is reaching “escape velocity” (Cryptoslate)
It goes without saying that the past few weeks haven’t been too hot for Ethereum and the decentralized finance (DeFi) space. One crypto analyst shared …
Ripple Considering Moving Headquarters to a More Crypto-Friendly Jurisdiction (Cryptoglobe)
On Tuesday (October 6), Chris Larsen, Co-Founder and Executive Chairman of Fintech firm Ripple Labs, said that his firm is considering moving its headquarters from …
Coinbase taking a page from DeFi Books (Reddit Bitcoin)
submitted by /u/tycooperaow [link] [comments]
Bitcoin is replicating and competing with fiat, not gold, this is why it makes it so incredible valuable. (Reddit Bitcoin)
Bitcoin is not replicating gold, it is replicating fiat. A lot of people bash fiat and claim it is a horrible form of money. …