As the chaotic, volatile, financially violent year of 2022 draws to a close, we examine the state of the game in Bitcoin. Bitcoin markets have been quiet in recent weeks, perhaps owing to the holidays. Bitcoin (BTC) hit a record high of more than $68,000 in November of 2021. It started 2022 at a little…
Tag: ethereum
Michael Saylor Wants The SEC To Shut Down “Pretty Much All” Cryptocurrencies
Michael Saylor, a bitcoin maximalist and the former CEO of the business analytics company MicroStrategy, believes Ethereum could be facing a major crash in the near future on par with the TERRA stablecoin collapse which essentially disappeared overnight. Saylor has been a vociferous Bitcoin maximalist, favoring Bitcoin and only Bitcoin. MicroStrategy, under his leadership, bet…
A Deep Dive Into The World of NFTs
2021 saw a 55% increase in sales of NFTs over 2020, and that fascination has continued into 2022. The concept of NFTs has been a lot longer than the most recent buzz surrounding them. For instance, the first NFT concept dates back to colored coins, which are fractions of a bitcoin with distinct information distinguishing…