Tag Archives: Editorials

It’s official – 2021 is the year of institutional cryptocurrency. While banks including Goldman Sachs and Deutsche Bank rush to expand into cryptocurrency services for their clients, firms such as MicroStrategy and Tesla are scooping up BTC worth billions to add to their balance sheets.Now, speculation is rife that Apple may be next, with Tim Draper including the Cupertino tech giant on his list of firms likely to make a move into crypto. But how likely is it?BTC As a Store of WealthAs a tech...

With the creation of Bitcoin back in 2009, Satoshi Nakamoto would have probably never guessed that the world would buy digital, collectible CryptoKitties, Punks, Hashmasks, celebrity music, and so forth.However, all of the above made use of a whole new Ethereum standard for identifying unique assets on its blockchain – the ERC-721, better known as the solution for the creation and transfer of non-fungible tokens.This article discusses the following questions related to non-fungible...

Every now and then, the cryptocurrency community is taken ablaze by a new project that does the rounds.Now, it seems that Bitclout is where all the rage is – a new type of social network, the intention of which is to enable users to speculate on people and posts with real money.Let’s have a closer look at what Bitclout is and why it is so popular right now.What is the Bitclout Network?Bitclout is a new decentralized protocol that brings forwards a social network, enabling users to speculate...

Dogecoin has been around since late 2013, starting as a joke initially. The coin has been designed to be a satirical homage to Bitcoin. Besides being a joke and meme coin, Dogecoin wasn’t intended to serve any other purpose. Yet, you can use it to transfer value.5 Interesting Facts About DogecoinHere’s a list of five interesting facts about Dogecoin:Dogecoin started as a joke created by Jackson Palmer and Billy Marcus in November 2013. Marcus recently claimed that he sold all of his DOGE in...

Bitcoin plunged. It lost somewhere around $13k, or 25% in the past couple of days. It’s not alone. The entire crypto market is bleeding.Data from CoinMarketCap shows that the capitalization lost around $365 billion since Sunday. For reference, last year, on this date, the total market cap of all cryptocurrencies was $283 billion. There’s no sugarcoating it – the crash is substantial, and it might not be over yet.Cryptocurrency Market Cap. Source: CoinMarketCapBut what led to it? Well, there’s...

Many of today’s leading DeFi projects are popular because of their governance tokens – something that hasn’t really been the case back in the ICO boom of 2017.Now, the yield farming hype has created many new governance tokens to control a project’s properties. Yet, these tokens have been abused in various ways, acting as a monetary incentive instead of a true representation of voting power.In theory, a governance token gives the token holder voting power to influence the DeFi project’s...

The debate as to whether or not we are still very early on in the cryptocurrency space is one that’s been going on for quite some time. For some reason, a lot of people tend to tie it up to the current pricing of different cryptocurrencies – something, that in my opinion, has nothing to do with the bedrock of the conversation.We’re in a bubble. Well, at least most of us are in a bubble. And I’m not talking about prices.The Bitcoin BubbleWhether you realize it or not, we’re in a bubble. Me,...

A Fortune magazine story about bitcoin began making the rounds Friday. In it, senior Fortune and Data Sheet writer Aaron Pressman cops to tripling his money in bitcoin– then losing half of it.It’s a cautionary tale alike for prudent long-term investors in cryptocurrency and day traders who are very smart at getting very stupid with money. The endlessly interesting and complicated question: “Where is bitcoin’s price going next?” is no idle curiosity. It’s a question with a lot of zeroes on...

The Ethereum Network recently saw the official launch of the Beacon Chain, which is a stepping stone to the long-awaited Ethereum 2.0 upgrade, aiming to improve network speed, efficiency, and scalability. It’s a move by the Ethereum foundation to abandon the Proof of Work (PoW) consensus algorithm for the energy-efficient Proof of Stake (PoS) consensus algorithm. On top of that, we have to change terminology from having miners to having validators.Ethereum 2.0 hopes to improve transaction...

In yet another leg up, Bitcoin recorded a brand new all-time high just shy of $35,000. While this may have seemed surprising a few weeks back, at this point, most are somewhat used to it. The cryptocurrency is charting consecutive highs daily, and it shows no signs of slowing down.The spike may bring some 2017 flashbacks when Bitcoin was going up with no apparent limits, only to plummet nearly 70% the following year. And considering we’re already in a new year after a super bullish December...