March 8, 2021

Taproot: You Betcha

Abstract: In this piece 100x Group grantee Jeremy Rubin describes a smart contract that can be used to verifiably commit to losing coins if Taproot does not activate by a certain date. Jeremy explains a novel and interesting methodology of using smart contracts on Bitcoin, in order to conduct these “bets”. However, in our view,...
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It’s Official: PayPal to Acquire Crypto Custodian Curv

The leading payment processor, PayPal, announced today that it has agreed to purchase the digital asset custody company, Curv. It said that it will complete the acquisition in the first quarter of the year. Rumors Confirmed True As PayPal Acquire Curv Reports surfaced last week that PayPal was planning to acquire cryptocurrency security firm, Curv....
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Brad Garlinghouse: XRP Will Continue Trading Even if Ripple Goes Away

With the impending legal battle between the SEC and Ripple, the CEO of the payment processor said that XRP will endure even if the company doesn’t. Simultaneously, Jesse Powell, the CEO of the veteran US exchange, Kraken, believes that offering XRP trading carries “huge asymmetrical risk.” XRP Will Endure, Says Ripple CEO Ever since the...
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Dogecoin is Everywhere: from Elon Musk to Mark Cuban to John McAfee

Dogecoin has become the center of attention of famous individuals once again. Mark Cuban said that his NBA team had become the largest DOGE merchant, Elon Musk made an electronic-god reference, while John McAfee used its growing popularity to defend his alleged pump and dump schemes. McAfee Touted DOGE Before Musk The love story between...
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Another One: Galaxy Digital and CI GAM to Launch a Bitcoin ETF in Canada Tomorrow

Yet another Bitcoin ETF is to reach the markets in Canada as the country’s securities regulator has issued “a receipt for the final prospectus” for CI Global Asset Management’s application. Dubbed CI Galaxy Bitcoin ETF (BTCX), it’s expected to launch on the Toronto Stock Exchange (TSX) on March 9th, and Mike Novogratz’ Galaxy Digital Capital...
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Increasing Risk Limits for XBT Futures, Resulting in Lower Margin Requirements for Large Positions

We’ve always risen above the competition when it comes to margin requirements for trades both large and small. But we’ve never stopped looking at how to improve, so we’ve decided to increase risk limits on our popular XBT futures contracts (XBTH21, XBTM21, and XBTU21) from 50 to 75 XBT to provide users with even more...
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Norwegian Oil Mogul Sets Up $58 Million Entity to Buy Bitcoin

The institutional bitcoin frenzy continues to spread like an epidemic. After several United States mega corporations added the digital currency to their balance sheet, the floodgates have been opened to major institutions across the world. Norwegian holding company Aker ASA said today that it will establish a new unit dedicated to bitcoin investment and the...
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OpenSea Crashes Following BossLogic NFT Drop via Ethernity

The hype around non-fungible tokens (NFTs) continues to escalate as demand for primary sales is only growing higher. The last manifestation of this was earlier during the BossLogic NFT drop that took place on the OpenSea marketplace, causing it to essentially crash under the high traffic. OpenSea Crashes as Traffic Surges OpenSea, touted as the...
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Big Data Protocol Staking Surges Over $6 Billion in Latest DeFi Frenzy

Boasting three and four-digit annual percentage yields, Big Data Protocol (BDP) has become the latest DeFi frenzy as total liquidity on the protocol has skyrocketed to $6.1 billion just two days after liquidity mining incentives were launched. The protocol announced its fair launch on March 6 where 100% of the initial circulating supply, which is...
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Bitcoin (BTC) $ 95,345.55 1.67%
Ethereum (ETH) $ 3,290.53 0.65%
Tether (USDT) $ 1.00 0.18%
XRP (XRP) $ 2.21 0.46%
BNB (BNB) $ 650.01 1.40%
Solana (SOL) $ 180.94 0.21%
Dogecoin (DOGE) $ 0.314129 1.26%
USDC (USDC) $ 1.00 0.03%
Cardano (ADA) $ 0.890025 0.73%
Lido Staked Ether (STETH) $ 3,286.57 0.67%