Mindblown: a blog about philosophy.
The Rise of Altcoins: Ethereum and Solana
As the Bitcoin Halving approaches, all eyes are on the flagship cryptocurrency, but crypto analysts like Jason Pizzino are making a strong case for altcoins such as Ethereum (ETH) and Solana (SOL). Pizzino suggests that Ethereum could potentially experience a breakout in the coming months based on his analysis of the ETH/BTC pair. While Bitcoin…
The Potential Breakout of Bitcoin: Analyzing Recent Performance
Cryptocurrency analyst Rekt Capital recently discussed the potential breakout of Bitcoin from a weekly range known as Black-Black. This range was established after Bitcoin experienced an 18% correction, with candle-bodied and upside-wicking peaks in 2021 defining the range. Rekt Capital suggested that reclaiming the $69,200 Range High could signal a breakout for Bitcoin, potentially ending…
The Partnership Between WAX and Amazon Web Services: A Game-Changer in Web3 Gaming
WAX has recently made headlines with its partnership with Amazon Web Services (AWS) to integrate its blockchain tools into the Amazon Managed Blockchain (AMB) service. This collaboration is set to revolutionize the development process for blockchain-based games and apps by providing developers with direct access to WAX’s Web3 networks through the AWS console. By allowing…
The Future of Nakamoto Games: A Look at Upcoming Releases
Nakamoto Games, a prominent Web3 gaming hub, has recently announced plans for three major releases in the near future. These releases are poised to mark a significant milestone in the company’s journey within the gaming industry. The first of these releases, GalacticGrail, is a AAA Collectible Card Game scheduled to launch on April 1st. Anticipated…
The Case for Delaying Approval of a Spot Ethereum ETF
Bitwise Asset Management, a prominent provider of cryptocurrency index funds, has made a bold move by urging the U.S. Securities and Exchange Commission (SEC) to postpone approval for a spot Ethereum Exchange-Traded Fund (ETF) until December. The company’s Chief Investment Officer, Matt Hougan, explained in an interview with Forbes that the industry’s current obsession with…
Shiba Inu (SHIB) Token Burns Surge in March
In March, Shiba Inu (SHIB) saw a sharp increase in token burns, with billions of tokens being removed from circulation. The burn rate for the month totaled over 15.5 billion assets, marking a 2,300% increase compared to February. The most substantial burn took place on March 8, when nearly 14 billion SHIB tokens were sent…
The Rise of Crypto Crimes Targeting Seniors
The increase in crypto crimes is a global concern, particularly with the recent surge in the market. One of the most vulnerable groups being targeted is the elderly, who are often lured into fraudulent schemes promising high investment returns in exchange for their funds. This trend has prompted authorities to step up their efforts to…
The Rise of Poopcoin: A Memecoin Making Waves in the Crypto Community
The world of cryptocurrency is constantly evolving, with new coins and tokens surfacing every day. Some of these digital assets gain popularity and traction, while others quickly fade into obscurity. However, one recent launch has captured the attention of many in the crypto community – Poopcoin. Poopcoin, the brainchild of Jordan “Poopie” Castro, made its…
The Financial Conduct Authority’s Crackdown on Meme-Based Marketing
The financial world is constantly evolving, with new technologies and trends shaping the way financial products are marketed and sold. One such trend that has caught the attention of regulators is the use of memes in marketing financial products. The Financial Conduct Authority (FCA) in the UK has recently released guidelines targeting meme-based marketing by…
The Crackdown on Terrorism Financing via Crypto: US and UK Authorities Impose Sanctions
In response to the October 7th attacks on Israel, the US Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Foreign Sanctions Implementation (OFSI) have intensified their efforts to combat terrorism financing through cryptocurrency. This crackdown led to the imposition of fresh sanctions on two individuals and three entities allegedly involved in…
The Implications of AI on Security and Privacy
Artificial Intelligence (AI) has become an integral part of our daily lives, revolutionizing the way we interact with technology. However, with the rise of generative AI models, concerns surrounding security and privacy have surfaced. In a recent presentation in Washington, DC, John deVadoss highlighted the potential risks associated with the rapid advancement of AI technology.…
Understanding the Bitcoin Accumulation Trend: A Closer Look
The recent surge in Bitcoin price has been attributed to the accumulation by large whales and shark investors. While whales hold hundreds of millions of dollars worth of BTC, sharks are addresses holding between 100 BTC and 1,000 BTC. According to Glassnode data, shark wallet addresses have accumulated 268,441 BTC in the past 30 days,…
The Bitcoin Price Surge: A Promising Outlook for Investors
In recent days, the Bitcoin price has seen a significant uptick, sparking enthusiasm among investors and drawing comparisons to the positivity associated with Holy Week in the Christian faith. This surge in the price of Bitcoin has not been isolated, as other major cryptocurrencies have also experienced notable gains over the past week. The renewed…
The Impending Bitcoin Halving in 2024 Could Significantly Impact Supply and Demand
Bitcoin investors have recently experienced a significant increase in profits, with the crypto asset surging by 9.34% to trade above $71,000. This substantial uptick in price has left many individuals in the BTC market eagerly anticipating potential large gains in the current bull cycle. However, according to Bitwise CEO Hunter Horsley, the impending halving event…
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