Dogecoin co-founder slams memecoins, DAO aims to buy Denver Broncos, and BTC tourism surges 30% in El Salvador: Hodler’s Digest, Feb. 20-26

[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Former Cisco employee launches DAO to buy Denver Broncos A freshly launched decentralized autonomous organization dubbed BuyTheBroncosDAO is aiming to raise enough capital to purchase the NFL’s Denver Broncos for roughly $4 billion.  The project is offering fans of various levels of wealth the…

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What is the best marketplace to buy NFTs?

[ad_1] “The Market Report” with Cointelegraph is live right now! On this week’s show, Cointelegraph’s resident experts discuss which nonfungible token (NFT) marketplace has the most to offer its customers. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. Next up, join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as they debate which marketplace is the best for…

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‘Dip,’ ‘Buy’ and ‘Fed’ top trending topics on social media, per survey

[ad_1] Over the past seven days, the top trending words on cryptocurrency social media are “dip,” “buy” and “Fed.” Plus, the word “sell” fell out of the top 10 trending topics on Thursday despite spiking sharply on Tuesday.  According to crypto market data aggregator Santiment, social media users from Meta to Telegram to Twitter have formed a choir, and they’re all singing from the same hymn sheet. “Dip” and “buy” are the No. 1 and No. 3 trending words, respectively, while “Fed,” or Federal Reserve, sits at number six. The…

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Coinstar Kiosks Buy Bitcoin In Walmart Stores

[ad_1] Walmart has started a pilot program to bring bitcoin purchasing capabilities to Coinstar kiosks in some of its U.S. stores. The pilot is part of a broader partnership between Coinstar and Coinme to offer BTC at over 8,000 kiosks, 200 of which are in Walmart stores. “Walmart expands Bitcoin access to more people…and gives it further legitimacy among skeptics,” brokerage firm BitOoda CSO Sam Doctor said. Walmart has started a pilot program to bring bitcoin purchasing capabilities to 200 Coinstar kiosks in some of the retailer’s U.S. stores, Bloomberg…

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Rich Dad Poor Dad’s Robert Kiyosaki Sees ‘Very Bright’ Future for Bitcoin, Plans to Buy More BTC After Next Pullback – Markets and Prices Bitcoin News

[ad_1] Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, now says bitcoin’s future is “very bright,” after predicting a “giant stock market crash” that could also tank the crypto market. He further revealed that he is waiting for the next pullback before investing more in bitcoin. Bitcoin’s Future Is ‘Very Bright,’ Says Kiyosaki Famous author and investor Robert Kiyosaki said last week that bitcoin’s future is “very bright.” Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New…

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Mark Cuban Won’t Invest in Bitcoin ETF, Prefers to Buy BTC Directly – Finance Bitcoin News

[ad_1] The owner of the NBA team Dallas Mavericks, Mark Cuban, has said “no” to investing in bitcoin-based exchange-traded funds (ETFs), one of which could start trading next week in the U.S. The Shark Tank star does not see a reason for him to invest in a bitcoin ETF, emphasizing that he can buy the cryptocurrency directly. Mark Cuban Says No to Bitcoin ETF The Shark Tank star and owner of the NBA team Dallas Mavericks, Mark Cuban, has shared his thoughts on the heavily hyped bitcoin exchange-traded funds (ETFs).…

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Amazon rumored to be accepting Bitcoin, MicoStrategy pledges to buy more BTC, Bitcoin struggles at $40K: Hodler’s Digest, July 25-31

[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week   Amazon plans to accept Bitcoin payments this year, claims insider The crypto community was going wild at the beginning of this week after rumors circulated that Amazon was planning to accept Bitcoin payments.  The rumors started after Amazon posted a job opening for…

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MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2

[ad_1] Business intelligence and mobile software firm MicroStrategy has pledged to buy more Bitcoin despite reporting impairment losses of $424.8 million in Q2. This is only a paper loss however based on the price of Bitcoin at the end of the quarter and does not reflect a realized loss. Depending on how you add the figures up, MicroStrategy appears to have made nearly a billion dollars more from Bitcoin than it spent. Along with CEO Michael Saylor’s fervent belief in Bitcoin, that may be why it’s resolved to add more…

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Majority of institutional investors ready to buy digital assets, study says

[ad_1] New data shows that institutional investors’ interest in cryptocurrencies and crypto-related businesses is continuing to grow.  Fidelity Digital Assets, the crypto arm of the global asset management giant Fidelity Investments Inc, tasked Coalition Greenwich to survey 1,100 institutional investors to understand their expectations regarding digital asset investments. The majority of surveyed investors expected to invest in digital assets in the future. The survey was conducted between December 2020 and April 2021 with the participation of high net worth investors, family offices, digital and traditional hedge funds, financial advisors and…

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Crypto traders say negative funding rates are buy signals, but are they?

[ad_1] Perpetual contracts, also known as inverse swaps, have an embedded rate usually charged every eight hours. This fee ensures there are no exchange risk imbalances.  Even though buyers’ and sellers’ open interest is matched at all times, leverage can vary, and when buyers (longs) are demanding more leverage, the funding rate turns positive. Thus, they are the ones paying the fees to the sellers (shorts). However, the opposite situation occurs when shorts require additional leverage, and this causes the funding rate to turn negative. Bitmex BTC futures weekly funding…

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