Financial Industry News
The whole crypto market is down, but the Dogecoin project is one of the most affected. The community seems to be in shock. Their self-appointed leader is nowhere to be seen. The premier meme-currency has lost 70% of its value since its peak in May. Its market capitalization shredded a whopping $72B in the same […]
Continue ReadingWord on the street is that every time people start talking about “The Flippening,” the market crashes. The possibility of a mythical time when Ethereum’s market capitalization surpasses that of Bitcoin is a common meme in the crypto industry. And this time, it was close. This year, Ethereum’s growth is not to be ignored. Is […]
Continue ReadingWe at Bitcoinist covered the lack of decentralization of the Binance Smart Chain. And, at the moment, the BSC is Ethereum’s main competition. That sparks a question, inquiring minds want to know: how decentralized is Ethereum? Not enough, according to author, investor, YouTube star, and Bitcoin expert Preston Pysh. In a recent Twitter thread explaining […]
Continue ReadingFollowing weeks of speculation and extreme volatility, many traders were expecting Dogecoin to surge to new highs from Elon Musk’s Saturday Night Live appearance. In anticipation of the Tesla CEO’s debut on SNL, Dogecoin’s price surged nearly 100% in the past week alone. On Friday, Dogecoin hit its all time high of $0.71 cents — […]
Continue ReadingIn the middle of an outstanding bull market for the whole crypto space, Ethereum stands out in a big way. And it’s easy to see why. On one hand, we have the rise of DeFi and the NFT craze. On the technical side, we have the EIP-1559 update coming in July. And on the corporate […]
Continue ReadingEthereum’s recent run is one for the books. Their supremacy is under attack from every side, with great projects trying to steal a piece of their smart contracts pie. Nevertheless, ETH’s price and their blockchain’s adoption keep rising. The main drivers for this run are the NFT craze and the popularity of DeFi projects. And […]
Continue ReadingIt’s time to meet the new kids on the block. Needless to say, Dogecoin’s year has been amazing. We might be skeptical about the coin’s future potential, but Doge’s upward trajectory is undeniable. Year-to-date, It’s up 6708%. The crazy thing is, it’s not the best performance of 2021. Not by a long shot. Check this […]
Continue ReadingThe idea of speculating on people’s reputation with real money sounded dumb at first, but BitClout is catching on. The phenomenon is not ignorable anymore. This thing is so big that a serious publication like Bitcoinist had to stop everything and take a look under the hood. Let’s start by examining the project’s own documentation, […]
Continue ReadingIt happens every cycle. During a bull run, Bitcoin reaches some kind of temporal stability and traders get bored. And if a sharp drop in prices mixes with that, traders run out of the building through the window. It’s human nature. It’s Altseason. The grass is always greener on the other side. Related Reading | […]
Continue ReadingThere was no moderator. SafeMoon used Twitch as a platform for the event. There were other people on the panel but they weren’t properly introduced. The company’s CEO, John Karony, played master of ceremony. The company’s CTO, Thomas Smith, played the show’s main guess. They both played themselves. What Happened At SafeMoon’s AMA? SafeMoon promised […]
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