From repurposed cruise ships like MS Satosh, to the blockchain governed Liberland and Satoshi Island, crypto fans are trying to create utopian new communities built around new rules.
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20 wild attempts to create crypto micronations or communities
From repurposed cruise ships like MS Satosh, to the blockchain governed Liberland and Satoshi Island, crypto fans are trying to create utopian new communities built around new rules.
20 wild attempts to create crypto micronations or communities
From repurposed cruise ships like MS Satosh, to the blockchain governed Liberland and Satoshi Island, crypto fans are trying to create utopian new communities built around new rules.
20 wild attempts to create crypto micronations or communities
We can’t blame Elon Musk for dreaming of moving to Mars — the human race has always been curious about finding a better life somewhere else.
But not everyone in crypto is looking up to the stars to find new worlds; others stay on earth and attempt to build a new micronation, or a crypto community, here. There are dozens of projects in development — and a few actually operational — including Liberland, Satoshi Island and Puertopia/Sol attracting interest from the blockchain world.
Liberland
While many head out to sea to build their new communities, another option is to find land left over after conflicts. This is not as crazy as it sounds, and in the shifting territorial landscape after the breakup of the Yugoslavian empire, small pockets of land have turned up. Vít Jedlička, a Czech economist and Libertarian, founded Liberland on April 13, 2015 – on Thomas Jefferson’s birthday – on a small track of terra nullius (unclaimed land) on the banks of the Danube between Croatia and Serbia. At seven square kilometers, it is larger than Vatican City and Monaco and similar in size to Gibraltar.
The tiny nation is not yet habited despite boasting 785,000 citizens, all of whom currently reside abroad.
Jedlička wanted to form a new nation with low taxes and greater freedoms, and he found the land literally by Googling the term “terra nullius.”
Bitcoin 7-month high 'dominance' has BTC price eyeing $25K — Will Ethereum spoil the rally?
The Bitcoin dominance index could start falling again if the price of Ethereum can pare its 5% losses versus BTC year-to-date.
Bitcoin 7-month high 'dominance' has BTC price eyeing $25K — Will Ethereum spoil the rally?
Bitcoin (BTC) is rapidly regaining its lost dominance in the crypto market so far into 2023.
On Jan. 30, Bitcoin accounted for 44.82% of the total crypto market capitalization, the highest since June 2022. In September 2022, Bitcoin's dominance index was as low as 38.84%.
The index typically rises when most crypto investors reduce their exposure to smaller tokens and seek safety in Bitcoin. The reasons include Bitcoin's better liquidity and lower volatility than alternative cryptocurrencies, or altcoins, primarily in a bear market.
Bitcoin's market dominance to grow further?
As of Jan. 31, Bitcoin is up 38% year-to-date (YTD) at around $23,000. In comparison, the second-largest cryptocurrency, Ether (ETH), gained 30% in the same period, showing most investors remain gravitated toward Bitcoin so far in 2023.
From a technical perspective, the Bitcoin dominance index may rise further in the coming weeks as it reclaims its 50-week exponential moving average (the red wave in the chart below) as support.
Top 5 Bitcoin documentaries to add to your watchlist
Bitcoin documentaries can serve as a tool for advocacy, helping to promote the adoption and acceptance of Bitcoin and other cryptocurrencies.
Top 5 Bitcoin documentaries to add to your watchlist
Bitcoin documentaries can serve as a tool for advocacy, helping to promote the adoption and acceptance of Bitcoin and other cryptocurrencies.
Bitcoin miner Greenidge cuts NYDIG debt from $72M to $17M
Despite restructuring into a hosting firm for Bitcoin mining, Greenidge still owns about 10,000 miners, maintaining a capacity of 1.1 EH/s.
ADA-backed algorithmic stablecoin Djed launched on Cardano
The algo-stablecoin Djed from DeFi service provider COTI deployed on the Cardano mainnet after its successful security audit.
BAYC investors have less than a week to join class action against Yuga Labs
The new class action lawsuit aims to help BAYC and APE buyers get compensation from Yuga Labs due to the firm allegedly misleading investors.
SEC settles on security claim in LBRY case, community calls it a big win for crypto
SEC was hoping to seek affirmation on an ambiguous injunction after scoring a victory during a hearing in November last year, but judges made it clear that the judgment was only for the direct sale.
Hong Kong will not tolerate algorithmic stablecoins in new regulation
The new regulatory regime for stablecoins in Hong Kong should arrive no later than 2024.
Here's how Kazakhstan aims to enhance its legacy crypto trading framework
The Astana Financial Services Authority, a Kazakh regulator, pointed out that the existing framework dates back to 2018 while proposing certain enhancements.
Bitcoin sees most long liquidations of 2023 as BTC price tags $22.5K
BTC price downside volatility sees $46 million of long Bitcoin positions evaporate in a single day prior to the monthly close.
Bitcoin sees most long liquidations of 2023 as BTC price tags $22.5K
Bitcoin (BTC) swapped bullish gains for chop into Jan. 31 as the end of the month saw nervous price action.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$46 million of longs liquidated
Data from Cointelegraph Markets Pro and TradingView tracked a less confident BTC/USD as it briefly wicked to just above $22,500 on Bitstamp overnight.
A rebound saw the pair flip $23,000 to short-term resistance, and was still trading below that level at the time of writing.
The stakes remained high for traders, long and short, with the monthly close just hours away. This was followed by interest rate decisions from the United States Federal Reserve on Feb. 1, along with the European Central Bank a day later.
With volatility likely lying in wait, liquidations mounted despite Bitcoin maintaining a fairly narrow trading range.
Premier League gets Ethereum-based digital cards with Sorare partnership
Sorare seals partnership with the English Premier League to issue Ethereum-based digital player cards for its popular fantasy sports platform.
BlockFi gets court nod to sell crypto mining assets
It is understood that BlockFi wants to get bids in quickly as possible to make the most of the current market conditions.
Millionaires flock to crypto: 82% sought investment advice in 2022
A recent study from deVere Group found a majority of their clients had asked their financial advisers about adding crypto to their portfolios.
Millionaires flock to crypto: 82% sought investment advice in 2022
Despite a challenging year for crypto, 82% of millionaire clients had looked into investing in digital assets such as Bitcoin (BTC) in 2022, according to a recent poll conducted by financial advisory firm deVere Group.
The poll results, released on Jan. 30, found that eight out of 10 of the firm's high net worth (HNW) clients surveyed with between $1.2 million and $6.1 million of investable assets sought advice on crypto from financial advisers in the last 12 months.
Nigel Green, the CEO and founder of deVere Group said that despite the surveyed group being "typically more conservative," he believes the interest stems from Bitcoin's core values of being "digital, global, borderless, decentralised and tamper-proof."
Previous years’ studies from the firm have shown a trend increasing interest in crypto investments from wealthy investors.
A 2020 study from deVere found that 73% of the 700 surveyed HNW individuals either already own or are looking to invest in cryptocurrencies before the end of 2022, while the firm's 2019 study found that 68% of global HNW individuals were already invested or planning to invest in crypto by the end of 2022.