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Tech Titan Jack Dorsey Says He’s Building a Decentralized Exchange for Bitcoin

Source Node: https://dailyhodl.com/2021/08/28/tech-titan-jack-dorsey-says-hes-building-a-decentralized-exchange-for-bitcoin/
Time Stamp: August 28, 2021 4:00 PM - Modified On: August 28, 2021 - Published By:
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Square and Twitter CEO Jack Dorsey is building a decentralized exchange for Bitcoin (BTC). The tech mogul broke the news to his 5.6 million Twitter followers on Friday after first announcing last month that Square was developing a new business, called TBD, focused on creating decentralized finance (DeFi) services for Bitcoin (BTC). ADVERTISEMENT   We’ve determined @TDB54566975’s direction: help us build an open platform to create a decentralized exchange for #Bitcoin https://t.co/jHYWHy1qmu — jack⚡️ (@jack) August 27, 2021 Mike Brock, general manager of TBD, says he believes Bitcoin will be

Can These Surging Altcoins Compete With Ethereum? Glassnode Analyzes Three Growing Platforms

Source Node: https://dailyhodl.com/2021/08/28/can-these-surging-altcoins-compete-with-ethereum-glassnode-analyzes-three-growing-platforms/
Time Stamp: August 28, 2021 2:45 PM - Modified On: August 28, 2021 - Published By:
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A slew of smart contract platforms have been surging in price over the past 30 days, and blockchain analytics firm Glassnode is digging into the metrics to determine whether or not any of these platforms can compete with Ethereum (ETH) in the future. Avalanche (AVAX), Solana (SOL), and Terra (LUNA) have all exploded over the past month, gaining 292.9%, 212.2%, and 191.4% in value, respectively, according to CoinGecko. ADVERTISEMENT   Glassnode first discusses the “spike in interest” on AVAX and SOL. “Alternative smart contract platforms like Avalanche and Solana have

BIC’s Video News Show: Robinhood IPO

Source Node: https://beincrypto.com/bics-video-news-show-robinhood-ipo/
Time Stamp: August 28, 2021 5:54 AM - Modified On: August 28, 2021 - Published By:
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In this episode of the BeInCrypto video news show, host Jessica Walker takes a look at Robinhood. Sponsored Sponsored The company just had an IPO and experienced spectacular growth in terms of new users and revenue. They definitely made the most of the meme stock phenomenon and the hype around Dogecoin and Bitcoin. But what are they more focused on, democratizing access to the stock market and meme stocks, or crypto, where they’ll do battle with Coinbase and Binance? Crypto windfall Robinhood’s second-quarter earnings report late Wednesday revealed its reliance on

Jack Dorsey says plan for ‘TBD’ bitcoin project is to build a decentralized exchange

Source Node: https://www.theblockcrypto.com/linked/115868/jack-dorsey-bitcoin-decentralized-exchange?utm_source=rss&utm_medium=rss
Time Stamp: August 27, 2021 2:40 PM - Modified On: August 27, 2021 - Published By:
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advertisement Last month, Square CEO Jack Dorsey disclosed plans for a project called TBD that, at the time, would focus on the development of a platform for open-source financial services dedicated to bitcoin. That project has a clearer roadmap, according to Dorsey as well as Mike Brock, the CashApp exec put in charge of the initiative: a decentralized exchange. A decentralized exchange is a system for trading wherein no central party has custody or control of funds that pass through it.  We’ve determined @TDB54566975’s direction: help us build an open

Cathie Wood’s ARK Invest Snaps Up $45M in Robinhood Stock

Source Node: https://decrypt.co/77232/cathie-woods-ark-invest-snaps-up-45m-robinhood-stock
Time Stamp: July 30, 2021 6:40 AM - Modified On: July 30, 2021 - Published By:
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Cathie Wood’s investment firm ARK Invest was quick off the mark to purchase 1,297,615 shares of Robinhood as the company went public on Thursday.With Robinhood's stock closing its inaugural trading session on the Nasdaq at $34.82, this makes the purchase worth more than $45.1 million. According to data disclosed by ARK Invest, this was also the company’s largest purchase of the day across all six actively managed exchange-traded funds (ETFs), with the shares going to the ARK Innovation ETF (ARKK). What is Robinhood? Robinhood is a popular trading app which

Institutional investors — the future of crypto is in their hands. Or is it not?

Source Node: https://coinrabbit.io/blog/institutional-investors-the-future-of-crypto-is-in-their-hands-or-is-it-not/
Time Stamp: December 30, 2020 6:02 AM - Modified On: May 21, 2021 - Published By:
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Institutional investors are believed to drive the cryptocurrency market’s adoption and growth. Their involvement promises to make crypto widely recognized and accepted as a truly global currency. Bitcoin is supposed to gradually become an alternative to gold and skyrocket to unprecedented crypto prices.  But is this really how institutional investors work? In which direction are they actually driving the crypto market — and, after all, who are they? In this article, we will bring you the latest examples of huge whales’ interest in crypto, discover the reasons for that, and

November 2020: A Month of All Time Highs

Source Node: https://beincrypto.com/november-2020-a-month-of-all-time-highs/
Time Stamp: December 13, 2020 1:59 PM - Modified On: May 21, 2021 - Published By:
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November 2020 has been a record-smashing month for crypto. From coin derivatives, to flat-out Bitcoin (BTC) price, the roller coaster keeps climbing up. With power behind Bitcoin like never before, the next few months look exciting. All-Time Higher and higher So the golden price of $20,000 for 1 BTC never happened, but $19,725 was not half bad. Cryptocurrencies are having another year to remember, and November was perhaps that most exciting month yet. According to Coingecko’s monthly report, November saw plenty of highs. The crypto market cap reached $554 billion.

How to Restore Your Faith in Government

Source Node: https://www.bitcoinmarketjournal.com/how-to-restore-your-faith-in-government/
Time Stamp: August 18, 2020 5:47 PM - Modified On: May 21, 2021 - Published By:
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Images courtesy of MIT Video Productions Here’s the announcement of the new blockchain education program with the Massachusetts state government. It’s a big deal. We have a vision for where this kind of partnership can go, when governments begin educating themselves on the power of bitcoin and blockchain. That vision can be summed up in two words: Kendall Square. Kendall Square, then. The Kendall Square neighborhood lies next to the Massachusetts Institute of Technology, stretching along the Charles River that separates Cambridge from Boston. (Here’s a map.) Although you’d think

International Group of Finance Leaders Says Ripple’s XRP Remittance Network Leapfrogs Traditional Banking System

Source Node: https://dailyhodl.com/2020/08/01/international-group-of-finance-leaders-says-xrp-leapfrogs-traditional-remittance-system/
Time Stamp: August 1, 2020 9:00 AM - Modified On: May 21, 2021 - Published By:
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ADVERTISEMENT An independent body of global finance leaders says Ripple’s XRP-powered cross-border payment platform “leapfrogs” the efficiency of traditional remittance methods. The Group of 30 published the report, calling on central banks and financial authorities around the world to be proactive in terms of regulating digital assets. G30 experts discuss the theoretical possibility of a “systemic hegemonic currency,” which some academics have posited could possibly reduce “spillover shocks” that come with the US dollar acting as a reserve currency. The systemic currency could come in the form of a stablecoin

Bitcoin and Ethereum Whales Move $231,000,000 in Crypto As Ripple Shifts 37,000,000 XRP From Genesis Wallet

Source Node: https://dailyhodl.com/2020/08/01/bitcoin-and-ethereum-whales-move-231000000-in-crypto-as-ripple-shifts-37000000-xrp-from-genesis-wallet/
Time Stamp: August 1, 2020 3:04 AM - Modified On: May 21, 2021 - Published By:
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ADVERTISEMENT Crypto whales are surfacing in big numbers, moving hundreds of millions of dollars in Bitcoin and Ethereum while BTC hovers around the $11,400 mark. In the last 24 hours, the crypto whale watching bot Whale Alert tracked 11 large transactions to the tune of 15,006 BTC, worth about $231.63 million at time of writing. Three transfers sent 4,600 BTC worth $51.65 million from crypto exchanges to wallets of unknown origins, suggesting that the owners may be accumulating the top cryptocurrency. Two transfers moved 2,300 BTC worth $25.7 million from