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100 years ago, Henry Ford proposed ‘energy currency’ to replace gold

Source Node: https://cointelegraph.com/news/100-years-ago-henry-ford-proposed-energy-currency-to-replace-gold
Time Stamp: September 18, 2021 2:41 PM - Modified On: September 18, 2021 - Published By:
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In 1921, American industrialist Henry Ford proposed the creation of an “energy currency” that could form the basis of a new monetary system — offering striking similarities to the peer-to-peer electronic cash system outlined in Satoshi Nakamoto’s 2008 Bitcoin (BTC) whitepaper. Front page of the New York Tribune dated Sunday, December 4, 1921. Source: Library of CongressBitcoin as an energy currencyOn Dec. 4, 1921, the New York Tribune published an article outlining Ford’s vision of replacing gold with an energy currency that he believed could break the banking elites’ grip on

Acorns Hires Former Amazon Executive as President, Hints at Crypto Options

Source Node: https://beincrypto.com/acorns-hires-former-amazon-executive-as-president-hints-at-crypto-options/
Time Stamp: September 15, 2021 6:15 PM - Modified On: September 15, 2021 - Published By:
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Acorns, a popular investing and savings app, announced a former Amazon lead as company president and head of day-to-day operations.Sponsored Sponsored Earlier today the financial services app revealed David Hijirida as the new president. Hijirida was an executive at Amazon and CEO of the digital bank Simple Finance. During his 12 years at Amazon, he managed global payments and advertising.  This new hire comes as Acorns expected a public listing later in the year. The public listing is with the intentions of accelerating its mission of wealth building and overseas

Altseason or not, here’s what separates and makes Bitcoin ‘better than the rest’

Source Node: https://ambcrypto.com/altseason-or-not-heres-what-separates-and-makes-bitcoin-better-than-the-rest/
Time Stamp: September 7, 2021 8:30 PM - Modified On: September 7, 2021 - Published By:
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Bitcoin remains unbeatable as far as adoption is concerned. However, over the years, many competing blockchains have surpassed Bitcoin on the fronts of network functionalities and scalability. This has even lead to many youngsters terming it as the “boomer coin” since it is now invested in more by institutions, big-ticket players, and seasoned investors. On the other hand, altcoins, although speculative and risky, have the potential to offer greater returns with their exponential surges. Ergo, it’s no surprise that these are being preferred by many young risk-takers. That is not

Litecoin: Is it time for the market’s buyers to take a breather yet

Source Node: https://ambcrypto.com/litecoin-is-it-time-for-the-markets-buyers-to-take-a-breather-yet/
Time Stamp: September 2, 2021 9:30 AM - Modified On: September 2, 2021 - Published By:
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Like most of its counterparts, Litecoin noted an increase in value on the back of Bitcoin’s push above $50k. The alt, which historically shares a strong correlation with the king coin, lined up seven straight green candles on the 4-hour timeframe. This was last seen in late May after Litecoin rallied from a near 4-month low. However, a resistance zone seemed to have the potential to trigger the next

Top-10 Aspiring Altcoins to Watch in September

Source Node: https://beincrypto.com/top-10-aspiring-altcoins-watch-september/
Time Stamp: September 2, 2021 6:12 AM - Modified On: September 2, 2021 - Published By:
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This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of September, which could also have a positive effect on their price.Sponsored Sponsored Cardano (ADA) Current Price: $3.03Market Cap: $91 BillionMarket Cap Rank: #3 Cardano was founded in 2017 by Charles Hoskinson, who is also a co-founder of Ethereum (ETH). It is a proof-of-stake platform, whose native token is ADA. It is one of the biggest blockchain platforms to utilize the proof-of-stake instead of the proof-of-work consensus. The Alonzo testnet was launched

NFT Heroes: Fitting the framework of the growing NFT avatar market

Source Node: https://ambcrypto.com/nft-heroes-fitting-the-framework-of-the-growing-nft-avatar-market/
Time Stamp: August 30, 2021 4:46 AM - Modified On: August 30, 2021 - Published By:
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NFT marketplace NFT STARS has announced the launch of its NFT avatar collection – SIDUS: The City of NFT Heroes. The collection features 7,500 unique characters developed in partnership with over 200 modern artists from the international collective NFT256. SIDUS differs from dozens of other collections by combining the functionality of a gaming DAO metaverse, a yield farming service, and a digital art collection, all into one. The NFT Heroes collection comes forth at the perfect time, when NFT avatar projects are on the rise and the NFT market, as

China: Is the PBoC’s new ‘reminder’ on Bitcoin’s status really new

Source Node: https://ambcrypto.com/china-is-the-pbocs-new-reminder-on-bitcoins-status-really-new/
Time Stamp: August 27, 2021 9:30 PM - Modified On: August 27, 2021 - Published By:
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“We remind the people once again that virtual currencies such as Bitcoin are not legal tenders and have no actual value support.” The People’s Bank of China [PBoC] has once again raised an alarm about the use of cryptocurrencies in light of its recent crackdown. According to local reports, the central bank took a shot at Bitcoin, commenting that such virtual currencies cannot compete with existing legal tender. Yin Youping, Deputy Director of the Financial Consumer Rights Protection Bureau of the PBoC, argued that cryptos are not backed by any

Why XRP’s recovery and rally would depend on bridging the fair value gap

Source Node: https://ambcrypto.com/why-xrps-recovery-and-rally-would-depend-on-bridging-the-fair-value-gap/
Time Stamp: August 27, 2021 6:30 PM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

XRP’s price action has kept investors and traders on the edge of their seats over the last month. The altcoin’s move from $1.9 to under $0.5 and then up to $1.35 has been a remarkable journey, to say the least. However, at the time of writing, XRP was down by 2.5% in 24 hours and 13% in one week. Is the time to shine over for XRP after more than 100% gains over the last month? Or will the altcoin reclaim its ATH levels?  High social anticipation  The social anticipation