The power of sheer numbers is best explained by the legend of sheikh Ibn Khallikan. This Sufi ruler, who lived in the area we now know as Iraq around the 12th century, asked one of his generals what to give him for a brilliant victory against his enemies. The unnamed general claimed he wanted a single […]
In January of last year, a Tesla announcement boosted the price of Bitcoin. When CEO Elon Musk stated that his car company would accept the biggest cryptocurrency as payment for the vehicle, the price of Bitcoin shot up. It appears that the relationship works both ways, as an aspiring entrepreneur explained to CNBC that he uses […]
A brutal start of the year saw Bitcoin, Ethereum and most major coins slump in the first week of January. It came after Wall Street investors reset their portfolio of investments, after the Federal Reserve indicated that it would probably move its decision to hike interest rates (and stop printing money) forward to mid-March of […]
Last year, China decided to ban Bitcoin mining, and a lot of Bitcoin’s hashrate got redistributed, with the USA and Kazakhstan as the major recipients. Both countries combined now make up more than 50% of Bitcoin’s mining power. As the beginning of the year saw protests over a spike in fuel prices which soon turned […]
The Bitcoin bears were out in full force on crypto Twitter this week as the world’s biggest crypto coin was seen dropping to levels not seen since a few months. At the time of writing, Bitcoin is trading near $42k and Ethereum changed hands for $3,200. Crypto analyst Matthew Dibb yesterday told Reuters news agency: […]
Back in October, Crypto.com thought it was a good idea to hire Hollywood star Matt Damon to promote their brand in an ad that mostly did not ruffle any feathers.Probably having some marketing budget left, the team at Crypto.com decided to run the ad again, this time in the beginning of 2022, just in the halftime […]
One of the big political questions of 2022 is whether former US President Donald Trump will be able to influence the midterm elections and be a kingmaker to several of his political allies seeking a place in congress or the senate. Trump had the world’s ear via Facebook and (mostly) Twitter, but both those social […]
Elizabeth Holmes, the founder of pharmaceutical tech firm (and former Silicon Valley darling) Theranos, was convicted on four counts of fraud this week and will probably have to spend several years (or even decades) behind bars to satisfy the broken pride of the numerous famous investors she swindled. Theranos pretended to have developed a technology […]
One day after this site pointed to the fact that the natural enemy of Bitcoin, central banks, would have a great say in its price in 2022, Federal Reserve Chairman Jerome Powell did as we predicted and pointed to a possible interest rate hike in March of this year already, a lot sooner than most investors expected. […]
Chainlink was all the trend back in the summer of 2020 when DeFi coins first made the news. 2021 has been a somewhat lacklustre year for the Link Marines (the social media grouping that counts itself as fans of the coin), but 2022 seems off to a good start. As new investors look for higher-growth, small-cap […]
