Cardano ADA

Coinbase's IPO, Yellen's Digital Dollar, and Your Grandma's Retirement

By Allen Taylor | Cryptocracy | 27 Feb 2021


There’s some awesome news and analysis in crypto this week. Let’s see a few stories, shall we?

  • Coinbase filed for an IPO. In its filing documents, the company reported a net revenue in 2020 of $1.14 billion and a net revenue of $322 million. In 2019, the company operated at a loss.

  • You’ve probably heard the bitcoin fell from $57,000, an all-time high, to around $47,000 this week. Never fear, I see it going up again and going higher. You can melt wings of wax, but they do grow back.

  • Older folks are investing in cryptocurrencies, or planning to this year, says the deVere Group.

  • Treasury Secretary Janet Yellen says she’s open to researching a potential digital dollar.

  • Cardano’s ADA hit an all-time high of $1.30 and takes third place in market cap.

  • A dissection of Litcoin’s four year cycle.

  • Bitcoin ATMs are appearing in some unexpected places.

  • 8 altcoins poised to erupt in March.

  • Bitfinex and Tether to pay New York state $18.5 million and ordered to stop trading in the state.

  • Crypto investing firm Anchorage raised $80 million and secures a banking charter.

The Cryptoeconomics of Social Media

Last week, I shared a 3-part series on a fictitious Facebook blockchain called Facechain and showed how one individual could have turned posting on Facebook for 18 years into a creative career. If you missed it, here are the three posts. Check them out now:

  1. Facebook’s Fictitious Cryptocurrency: What If It Was Real?

  2. Facechain: Facebook’s Fictitious Staking Protocol

  3. 7 More Ways a Facebook Blockchain Might Earn You Money

Here are three more incredible posts you might enjoy:

Check out these and other great posts on cryptocurrencies at Publish0x (if you click this link and join, I’ll earn a small amount of crypto at no cost to you) and Coil.

Friday Fintech Roundup

Allen Taylor is a veteran award-winning journalist and former newspaper editor. He is a freelance writer focused on fintech, including blockchain and crypto projects, and manages crypto blogs through CryptoBloggers. Let’s connect on Twitter. He is currently writing a book about where crypto intersects with social media.

 

This post was first published at Cryptocracy.

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Allen Taylor
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Writer, editor, publisher. Content strategist for fintech, blockchain, and crypto firms.


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