Is Chamath Behind The Controversial BitClout?

Notorious billionaire Chamath Palihapitiya’s tweet about BitClout raised a few red flags. Since we at Bitcoinist checked the project’s documentation and explored the possibility of it being a scam, we had to investigate. Is Social Capital’s CEO more involved in BitClout than he’s letting out to be? Let’s find out. The tweet in question was […]

Continue Reading

Bitwise Launches ‘Crypto Innovators’ ETF

Crypto asset management firm Bitwise announced the launch of the ‘Bitwise Crypto Industry Innovators ETF’, the first listed ETF in the US with ‘crypto’ in it’s name. Bitwise has over $1.5B in assets under management. The Bitwise ETF The Bitwise ETF will be listed on the New York Stock Exchange under the ticker BITQ. The […]

Continue Reading

What is BitClout? This is Why You Should Care

The 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 Reading

Crypto Markets Flash Green Again Today, Here’s Why

After over two weeks of decline, a series of notable movements have converged to push the crypto markets higher. Whereas market volatility remains the norm, today’s gains serve to assuage fears that the market recovery has stalled.  Bitcoin Futures Have Expired A round of Bitcoin futures has recently expired on the Chicago Mercantile Exchange (CME). […]

Continue Reading