Tesla and Spacex CEO Elon Musk says dogecoin is “fundamentally better than anything else” he has seen while he criticizes bitcoin. He also discussed the identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, and the official currency of Mars. Elon Musk Discusses Crypto, Dogecoin, Bitcoin, Mars’ Currency, and Who Satoshi Nakamoto Is Elon Musk shared his thoughts on cryptocurrency, dogecoin, bitcoin,…
The total combined value of treasuries, or assets under management (AUM) for the use of decentralized autonomous organizations, increased by around 40 times between January and September of 2021. According to data from DAO stats platform DeepDAO, the total AUM for DAO treasuries listed on the platform increased from around $380 million in January to a peak of roughly $16…
The COVID-19 crisis that has devastated the economy brought radical change to our social and political landscape. From Austria’s lockdown against the entire citizenry and forced injection, to mandatory quarantine camps in Australia, in an effort to manage the pandemic, the governments of many countries have become authoritarian. In the past 19 months, as the world has been brought to…
NFT marketplace OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) after they were reportedly stolen yesterday from a New York art gallery operator. In total, one Clonex, seven Mutant Ape Yacht Club, and eight Bored Ape Yacht Club NFTs currently valued at about 615 ETH ($2.28 million) were stolen and are now not able to be…
“Paper money eventually returns to its intrinsic value: zero.” –Voltaire Inflation was one of the most widely-debated topics in the mainstream media throughout 2021. We’ve been fed lies throughout the year, with some outlets suggesting that inflation doesn’t exist, inflation is low, inflation is transitory or inflation is good. Anyone paying attention knows none of these things are true. Inflation…
Nasdaq-listed Microstrategy has bought more bitcoin for its corporate treasury. The latest purchase for 1,914 coins has raised the company’s total cryptocurrency holdings to 124,391 bitcoins. CEO Michael Saylor recently said that he expects the price of the cryptocurrency to eventually reach $6 million. Microstrategy Has Purchased More Bitcoin The pro-bitcoin Nasdaq-listed company Microstrategy has purchased 1,914 more BTC. With…
The International Monetary Fund stated in their blog that “financial stability risks could soon become systemic in some countries.” In this discussion of “crypto assets” and “associated products,” the IMF stated their opinions on the stability of the markets, the establishment of global oversight to take the reins where nation-states are failing to halt the progress of the rising asset…
Having an exclusive regulator oversee cryptocurrency developments in the U.S. might not be the best strategy, according to Securities and Exchange Commission (SEC) Commissioner Hester Peirce. She told CoinDesk TV in a Thursday interview that the SEC has adapted to new technologies over the years, and it shouldn’t be different with crypto. “I have a couple of problems with it,”…
From a price perspective, the cryptocurrency market is ending 2021 with a whimper as Bitcoin (BTC), Ether (ETH) and other digital assets continue to trade well below their prior peaks. But the business of blockchain and crypto is heating up, as evidenced by the arrival of institutional capital and the flood of venture funding into the space. According to Nischal…
As 2021 comes to a close, Reddit has shared that cryptocurrency was its most viewed topic this year, beating out gaming, sports, and weddings, in that order. The word “crypto” has been used over 6.6 million times across the site. Perhaps the biggest surprise: Redditors were more interested in Dogecoin than Bitcoin. The top five most-viewed crypto subreddits were r/dogecoin,…
