The Behavioral Economics Of Bitcoin

The heuristics often described in behavioral economics offer insightful frameworks for understanding mainstream resistance to Bitcoin. This is an opinion editorial by Rich Feldman, a marketing executive, author and advisory board member at Western Connecticut University. Source: Created by the author using Behavioral economics has long been cited to describe our “irrational tendencies” as […]

Former Activision Blizzard executive joins Yuga Labs as CEO

Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) and CryptoPunks NFT collections, has a new CEO: Daniel Alegre. The executive resigned as president and chief operating officer of the gaming giant company Activision Blizzard to join the NFT startup on April 1.  “Couldn’t be more excited for this next chapter,” he wrote […]

DOGE Hits 9-Day High, as LTC Climbs 6% on Saturday – Market Updates Bitcoin News

Dogecoin rose to its highest point in over a week, as Elon Musk requested that a lawsuit filed against him by investors in the meme coin be dropped. The suit claims that Musk operated a pyramid scheme, following his endorsements of dogecoin. Litecoin was another token to climb on Saturday. Dogecoin (DOGE) Dogecoin (DOGE) climbed […]

Crypto Exchange Bittrex Closes Down U.S. Operations

Popular cryptocurrency trading platform, Bittrex, has announced it will be ceasing operations in the United States beginning from next month. According to a post via their official Twitter handle, Bittrex states that this move comes as a result of the ongoing regulatory uncertainty surrounding the U.S. crypto space. Ironically, Bittrex’s sad announcement comes amidst the […]

The US Government Sold Nearly 10,000 Silk Road Bitcoin

Uncle Sam made off with more than $215 million this month as it began to liquidate portions of seized bitcoin. The United States government has been selling bitcoin confiscated from the Silk Road case in 2013.  According to a court filing, the government sold 9,861.1707894 Bitcoin on March 14, 2023, for a total of $215,738,154.98. […]

El Salvador removes all taxes related to tech innovation for economic growth

El Salvador, the first country to establish Bitcoin (BTC) as a legal tender, has decided to eliminate all taxes on technology innovations. The move runs parallel to establishing the National Bitcoin Office (ONBTC) of El Salvadorthe Bitcoin office. When legalizing Bitcoin on Sept. 7, 2021, El Salvador President Nayib Bukele saw the technology as a […]

Disney Reportedly Axing Metaverse Division Amidst Company Restructuring – Metaverse Bitcoin News

The metaverse division of Disney has apparently fallen victim to the latest round of layoffs announced by the company. Per reports from the Wall Street Journal citing people “familiar with the situation,” the whole next-generation storytelling and consumer-experience unit, comprised of 50 people, has been axed — this being part of the 7,000 layoffs the […]

Bitcoin’s Horizontal Levels Show Potential For Bullish Trend

After recovering its bullish momentum, the largest cryptocurrency in the market, Bitcoin (BTC), briefly broke above its key resistance level of $28,700. However, the cryptocurrency retracted and returned to trading within its range formed in the last week between $27,600 and $28,500.  Despite this choppy price action, a recent blog post by Justin Bennett, trader […]

Bitcoin Beach Wallet Renamed To Blink In Addition To Changes Aimed At Making The App Global

Blink’s name and features reflect the project’s desire to be used by Bitcoin communities across the world. The Bitcoin Beach Wallet has officially changed its name to “Blink” to better reflect its vision of becoming the best tool for “bottom-up Bitcoin adoption.”  The wallet was initially launched in 2020 in El Salvador’s El Zonte as […]

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