Last year, during the summer of DeFi, then still newly developed project Yearn Finance made headlines when it surged past the price of Bitcoin when both were trading around $13k. Although there are considerably less YFI coins (only some 37k) than there are Bitcoins, it was an important psychological threshold to cross.Yearn Finance inventor Andre […]
Back in January, when Bitcoin was still trading in the $20k range (which seems like forever ago now), we ran a story on TikTok Astrologer Maren Altman who had gotten into predicting the price of Bitcoin and Ethereum, and who was racking up a new storm of followers in the cryptosphere. As Bitcoin rose to […]
There were a few positive headlines for crypto yesterday. Both the Bank of New York Mellon (America’s oldest bank) and Mastercard made entrances into the cryptosphere, headlines covered more than well enough by crypto media. Unless Apple or any other tech giant makes a break for it and puts part of its sleeping cash book […]
Earlier this week, in the euphoria which reigned on crypto markets after Elon Musk had decided to invest $1.5 billion of Tesla’s cash (that lay sleeping) into Bitcoin, I was presented with an altered version of the infamous Wall Street Cheat Sheet in my twitter feed. The graph shows an overlay of every stock market […]
Charles Hoskinson, the founder of Cardano used to work alongside Vitalik Buterin, the founder and CEO of Ethereum. Vitalik is Canadian-Russian, whilst Charles is as American as can be. The two men used to work together at Ether but then fell out as they saw the future of Ethereum differently.Hoskinson left, founded IOHK (Input Output […]
It was of course to be expected that when Elon Musk singlehandedly kills off some 500 million in shorts simply by investing in Bitcoin with a part of Tesla’s cash basis, that classic finance would react. Their media friends (the Financial Times, the Wall Street Journal, CNBC) are already at it. And their political cronies […]
This week marks Chinese New Year. The Year of the Ox, which according to a famous legend, is the second animal on the Chinese zodiac because of a trick that the Rat played on the Ox. The legendary Jade Emperor had stated to his court scribes that the ranking of zodiac animals was to be […]
Binance, the world’s largest crypto exchange, is experiencing both record trading volumes and new all-time-highs for it’s own cryptocoin, aptly called Binance Coin (BNB). In the past 24 hours, CEO Changpeng Zhao, known as CZ, was already proud to announce that BNB had shot past $100. At the time of writing, BNB is trading at […]
There you have it folks, the Satoshi Nakamoto cryptocurrency had once again shown all the haters that when it comes to cryptocurrency, there is no stopping the wave anymore. It (briefly) hit a new all time high of $48,000 a couple of hours ago, spurred on by Asian traders who had just woken up to […]
Michael Lewis, author of The Big Short, The Blind Side, Boomerang, The Fifth Risk and Moneyball, knows how to tell a good story. Whether it is sports, trading or government institutions, the pages and text captivate you and Hollywood is always round the corner to check if they can turn it into a successful movie. […]
