Economics of bitcoin

NFTs, Bitcoin Building Portfolios in Emerging Markets

Retrieved on: 
Thursday, May 27, 2021

By definition, NFTs are not interchangeable with other tokens (hence the term "non-fungible"), whereas a Bitcoin can be equally traded for any other Bitcoin without distinction.

Key Points: 
  • By definition, NFTs are not interchangeable with other tokens (hence the term "non-fungible"), whereas a Bitcoin can be equally traded for any other Bitcoin without distinction.
  • While Bitcoin will only be a digital currency, NFTs are more versatile as they can represent anything digital.
  • So why do NFTs move along with Bitcoin when so differentiated from the quintessential cryptocurrency?
  • Square has invested millions of dollars buying Bitcoin and makes it possible for customers to buy/sell Bitcoin as well as accept fractional payments in the crypto.

NFTs, Bitcoin Building Portfolios in Emerging Markets

Retrieved on: 
Thursday, May 27, 2021

By definition, NFTs are not interchangeable with other tokens (hence the term "non-fungible"), whereas a Bitcoin can be equally traded for any other Bitcoin without distinction.

Key Points: 
  • By definition, NFTs are not interchangeable with other tokens (hence the term "non-fungible"), whereas a Bitcoin can be equally traded for any other Bitcoin without distinction.
  • While Bitcoin will only be a digital currency, NFTs are more versatile as they can represent anything digital.
  • So why do NFTs move along with Bitcoin when so differentiated from the quintessential cryptocurrency?
  • Square has invested millions of dollars buying Bitcoin and makes it possible for customers to buy/sell Bitcoin as well as accept fractional payments in the crypto.

Micro Bitcoin Futures Surpass 500,000 Contracts Traded

Retrieved on: 
Wednesday, May 26, 2021

CHICAGO, May 26, 2021 /PRNewswire/ --CME Group, the world's leading and most diverse derivatives marketplace, announced that Micro Bitcoin futures volume surpassed 500,000contracts on Monday, May 24.

Key Points: 
  • CHICAGO, May 26, 2021 /PRNewswire/ --CME Group, the world's leading and most diverse derivatives marketplace, announced that Micro Bitcoin futures volume surpassed 500,000contracts on Monday, May 24.
  • "At one-fiftieth the size of our larger Bitcoin futures, this new, smaller contract allows traders of all sizes to better manage their bitcoin price risk in an efficient, cost-effective way."
  • Micro Bitcoin futures are cash-settled to the CME CF Bitcoin Reference Rate , which serves as a once-a-day reference rate of the U.S. dollar price of bitcoin.
  • Micro Bitcoin futures are listed on and subject to the rules of CME.

BOTS Acquires ATM Network, Launches Growth Strategy to Deploy Bitcoin ATMs

Retrieved on: 
Wednesday, May 26, 2021

The Company already owns a portfolio of digital assets and cryptocurrency-related businesses such as BeadSwap , a decentralized crypto exchange and Bitcoin ATM machines and its US patents .

Key Points: 
  • The Company already owns a portfolio of digital assets and cryptocurrency-related businesses such as BeadSwap , a decentralized crypto exchange and Bitcoin ATM machines and its US patents .
  • This acquisition complements BOTS Bitcoin ATM patents and is an instrumental part of its growth strategy.
  • BOTS also plans on licensing its Bitcoin ATM IP to independent operators nationwide and gain significant market-share of the U.S. Bitcoin ATM market.
  • BOTS is strategically positioned to capitalize on this growth due to its ownership of Bitcoin ATM patents in the U.S. and developing technology to add cryptocurrency trading capabilities to legacy ATM networks worldwide.

Innovative Start-Up liv.rent Just Made It Possible For Renters To Pay With Bitcoin

Retrieved on: 
Wednesday, May 26, 2021

The new payment method works the same as any other form of payment on the liv.rent platform.

Key Points: 
  • The new payment method works the same as any other form of payment on the liv.rent platform.
  • The nominal fees involved, including 0.5% liv.rent processing fee, are much lower than your typical credit card fee.
  • When a tenant receives a payment request, they can go to liv.rent and pay with bitcoin.
  • When a renter pays in bitcoin, its transferred and later deposited as CAD into the landlords bank account.

Bitcoin of America Launches Universal Kiosk

Retrieved on: 
Tuesday, May 25, 2021

CHICAGO, May 25, 2021 /PRNewswire/ -- Bitcoin of America , one of top operators worldwide announced their new universal kiosk.

Key Points: 
  • CHICAGO, May 25, 2021 /PRNewswire/ -- Bitcoin of America , one of top operators worldwide announced their new universal kiosk.
  • This new universal kiosk is combining the capabilities of a traditional ATM with a Bitcoin ATM.
  • Bitcoin of America is still offering the same beneficial services to its universal kiosk owners.
  • Lastly, Bitcoin of America is responsible for all maintenance and installation services for the hardware required to run the ATM.

TradeZero marks cryptocurrency trading capability by purchasing a New York Yankees hospitality suite license in Bitcoin

Retrieved on: 
Wednesday, May 19, 2021

b'NEW YORK, May 19, 2021 /PRNewswire/ -- TradeZero America , a Brooklyn, New York-based online broker dealer that provides commission-free stock and options trading, announced the launch of cryptocurrency trading on the TradeZero America platform.

Key Points: 
  • b'NEW YORK, May 19, 2021 /PRNewswire/ -- TradeZero America , a Brooklyn, New York-based online broker dealer that provides commission-free stock and options trading, announced the launch of cryptocurrency trading on the TradeZero America platform.
  • To celebrate the addition of crypto trading to its product offerings, TradeZero is purchasing the license to a New York Yankees hospitality suite in Yankee Stadium in Bitcoin, marking the ball club\'s first transaction using digital currency.\n"We are eager to provide this new capability for crypto trading to further enhance the comprehensive suite of services we offer for investors.
  • As a local company proud to be based in New York, and of course lifelong fans, we are thrilled to work with the Yankees for their first Bitcoin transaction.
  • TradeZero America has extended trading hours, from 4 am ET to 8 pm ET, so investors can trade pre-market and post-market.

Bitcoin of America Launches Point of Sale Software: Begin Accepting Cryptocurrency as a Form of Payment in Your Business for Free

Retrieved on: 
Tuesday, May 18, 2021

b'CHICAGO, May 18, 2021 /PRNewswire/ --Bitcoin of America recently announced their new point of sale software for their tablets.

Key Points: 
  • b'CHICAGO, May 18, 2021 /PRNewswire/ --Bitcoin of America recently announced their new point of sale software for their tablets.
  • This is a game changer for merchants who want to start accepting Bitcoin as a payment method and for customers who prefer to use it.
  • Bitcoin of America has been known to provide fast and hassle-free transactions to their customers.
  • Bitcoin of America is one operator known for their ATMs; however, they do offer another great alternative.

Bitcoin Association announces 4th Bitcoin SV Hackathon will commence June 14 with $100,000 USD prize pool at stake

Retrieved on: 
Monday, May 17, 2021

b'ZUG, Switzerland, May 17, 2021 /PRNewswire/ -- Bitcoin Association , the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain and BSV digital currency, today announces that the 4th Bitcoin SV Hackathon will commence on June 14, with a $100,000 USD (payable in BSV) prize pool staked for the winners.

Key Points: 
  • b'ZUG, Switzerland, May 17, 2021 /PRNewswire/ -- Bitcoin Association , the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain and BSV digital currency, today announces that the 4th Bitcoin SV Hackathon will commence on June 14, with a $100,000 USD (payable in BSV) prize pool staked for the winners.
  • "\n"There is no better entry point for developers into the Bitcoin SV ecosystem than the Bitcoin SV Hackathons.
  • "\nBitcoin Association is theSwitzerland-basedglobal industry organization that works to advance business on the Bitcoin SV blockchain.
  • The Association supports use of the original Bitcoin protocol to operate the world\'s single blockchain on Bitcoin SV.\n'

Bitcoin Association announces 4th Bitcoin SV Hackathon will commence June 14 with $100,000 USD prize pool at stake

Retrieved on: 
Monday, May 17, 2021

b'ZUG, Switzerland, May 17, 2021 /PRNewswire/ -- Bitcoin Association , the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain and BSV digital currency, today announces that the 4th Bitcoin SV Hackathon will commence on June 14, with a $100,000 USD (payable in BSV) prize pool staked for the winners.

Key Points: 
  • b'ZUG, Switzerland, May 17, 2021 /PRNewswire/ -- Bitcoin Association , the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain and BSV digital currency, today announces that the 4th Bitcoin SV Hackathon will commence on June 14, with a $100,000 USD (payable in BSV) prize pool staked for the winners.
  • "\n"There is no better entry point for developers into the Bitcoin SV ecosystem than the Bitcoin SV Hackathons.
  • "\nBitcoin Association is theSwitzerland-basedglobal industry organization that works to advance business on the Bitcoin SV blockchain.
  • The Association supports use of the original Bitcoin protocol to operate the world\'s single blockchain on Bitcoin SV.\n'