Following an impressive run, the price of Bitcoin (BTC) firmly rejected $50,000 this week, casting some doubts on the resumption of the bull market. Cardano’s ADA, meanwhile, is finally showing signs of slowing down after doubling in two weeks. Resident experts Jordan Finneseth and Marcel Pechman take a deep dive into where we are in the Bitcoin cycle and what we could expect heading into September, which is traditionally a volatile month for crypto. We also welcome Dan McDermitt of The Chart Guys to share some technical analysis on Bitcoin. The roundtable will be streamed live on YouTube. Smash the …
Three Arrows Capital CEO Su Zhu has outlined a bullish thesis for Elon Musk’s favorite cryptocurrency, Dogecoin (DOGE). Speaking on Wednesday’s episode of The Game Theory of Crypto podcast, Zhu stated that he’s keen on DOGE because the meme coin has captured more interest from “blue-collar” traders than any other crypto on the market. During the interview, Zhu pointed toward data from popular retail trading app Robinhood, which posted its second-quarter report earlier this month and reported that 62% of the firm’s Q2 crypto revenue was from DOGE trading: “The best way to understand DOGE, I think, is that if …
A glossy looking documentary series centered on the history of money and cryptocurrency premiere on August 19th at 7:00 am UTC, and features interviews from a long list of top crypto figures. The 12 episode video series is somewhat confusingly called “Coins Podcast” and the first two episodes drop on YouTube today. The show is hosted by Patrick Mclain of blockchain accelerator Mousebelt, and narrated by actor Robert Davi, who has played roles in Die Hard, James Bond: License to Kill and Predator 2. The docu-series features interviews with crypto proponents and key figures in the sector such as FTX …
Australian crypto influencer and Nuggets News founder Alex Saunders is facing backlash over his nonfungible token (NFT) sale from late last year. Nuggets News is a paid group providing technical analysis and crypto tips to subscribers that was founded by Saunders in 2017. As of Tuesday, Nuggets News had roughly 146,000 subscribers on YouTube. In November 2020, Saunders minted 100 NFTs comprising tokenized tickets he said would grant holders access to an exclusive Nuggets News community headquarters being developed in the crypto-powered virtual metaverse Decentraland. Saunders priced the NFTs at 1 Ether (ETH) each, worth around $570 at the time. …
Controversial Canadian psychologist Jordan Peterson appears to have turned onto Bitcoin (BTC) in the latest episode of his podcast. On Tuesday, Peterson published a podcast titled “Bitcoin: The Future of Money?” which hosted a panel of Bitcoiners including John Vallis, the host of the Bitcoin Rapid-Fire podcast; Bitcoin coder Der Gigi; film creator Richard James; and Robert Breedlove, ex-hedge fund manager and host of the What is Money? show. In the video, Peterson, who claims to have an IQ of around 150, puts forward a succinct description of the innovation from which Bitcoin derives its value: “It’s a very interesting …
Prominent YouTube star KSI belongs to the group of crypto investors who have made and lost a lot of money during the last Bitcoin (BTC) crash. However, the United Kingdom-based influencer’s latest interview showed his continued support and belief in the Bitcoin ecosystem. Answering the hypothetical question of “if you were prime minister,” KSI — aka Olajide Olayinka Williams “JJ” Olatunji — shared his interest to “give everyone £100 worth of Bitcoin” in the form of a stimulus package. Claiming to back the crypto ecosystem, KSI said: “I think Bitcoin is the future. It’s definitely going to be long term, …
Morgan Creek Digital co-founder and Bitcoin (BTC) proponent Anthony Pompliano thinks Square’s value could increase to $1 trillion following the firm’s acquisition of Afterpay. Square, headed up by Twitter CEO Jack Dorsey, this week announced its acquisition of the Australian buy now pay later (BNPL) business for $29 billion on the same day it reported $2.7 billion in Q2 revenue from Bitcoin sales on its Cash App. Pompliano analyzed the move on his The Best Business Show on Aug. 4, which was posted on his personal YouTube channel under the rather clickbaity heading “Square is going to be worth $1 …
NFL star Saquon Barkley has revealed that he will be converting all of his endorsement money into Bitcoin (BTC). Barkley was the 2018 NFL offensive rookie of the year and plays as a running back for the New York Giants — a team that is also sponsored by Grayscale. The 24-year-old explained the rationale for the move earlier today during an appearance on “The Best Business Show,” hosted by Bitcoin proponent and Morgan Creek Digital co-founder Anthony Pompliano. He noted that his research on inflation is what drove his interest in Bitcoin: "We're seeing inflation and we're learning you can't …
A decentralized sharing economy protocol is championing two new projects that are part of its ever-growing ecosystem. TimeCoinProtocol offers an environment where DApps can be built that bring people closer together — and the company is also focused on rolling out services that tap into current trends. One of its new projects is GameTomodachi, which enables enthusiastic gamers to find new players to share their passion with. Not only does this ecosystem offer a powerful way of making new friends, but it also gives users the chance to play games with top YouTubers, VTubers, and professional esports players. During each …
An ex-Google tech lead and YouTuber with more than 1.1 million subscribers has been accused of engineering a multi-million-dollar “pump-and-dump” scheme. Patrick Shyu, known pseudonymously as TechLead on YouTube, launched the Million token (MM) via an initial DEX offering on leading decentralized exchange Uniswap on Thursday. The project’s website describes Million as a pre-mined cryptocurrency with a fixed supply of 1 million tokens that are backed by one USD Coin (USDC) each per token. The website emphasizes that despite only being backed by $1 million worth of stablecoins, MM has “no maximum value.” After being priced at $1.00 on launch, …
A recent court ruling said that video hosting giant YouTube is not responsible for cryptocurrency-related scams posted on its platform. Apple co-founder Steve Wozniak failed to support his lawsuit against YouTube over an advert using his image to promote a fake Bitcoin (BTC) giveaway, Bloomberg reports. Santa Clara County Superior Court Judge Sunil Kulkarnia said in a tentative ruling Wednesday that YouTube and its parent firm Google are protected by Section 230 of the Communications Decency Act — a federal law shielding internet platforms from responsibility for content posted by users. Wozniak sued YouTube in July last year over a …
Video is fast becoming the main medium of communication on the internet, with research suggesting that the typical consumer watches more than 10 hours a week. But whether it’s a four-second meme on TikTok, a four-minute prank on Facebook or a four-hour livestream on YouTube, there’s one big problem: Content creators have to work on the terms of centralized tech giants. Now, a decentralized video platform is aiming to shake things up — ensuring that revenue that’s generated through advertising goes to the people who upload videos, and the process of policing content is left to the community. Pocketnet’s blockchain …