Bitcoin in the Headlines: Blockchain Drumbeat Grows Louder
Bitcoin in the Headlines is a weekly analysis of bitcoin media coverage and its impact. Despite setting off to a rather boring start, excitement peaked this week when reports surfaced that two former bitcoin exchange operators had been arrested on anti-money laundering (AML) charges in the US. Elsewhere, bitcoin enthusiasts were yet again confronted with the everlasting - and ever-boring - "chicken and egg" debate regarding the technology's expected advancement. Unlike last week, however, where mentions of the technology by financial bigwigs and political figures went largely unnoticed,....
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With so many blockchains on the market today, the demand for cross-chain operability grows ever louder. While there are some projects in development, Wanchain stands out among the pack. Having just integrated Litecoin into its cross-chain ecosystem, Wanchain’s interoperability solution is miles ahead of competing ecosystems. Blockchain Needs Cross-Chain Support No matter how one wants […]
The chorus of market crash predictions grows ever louder. The Fed pauses its funds rate hike and Bitcoin emulates gold’s rally just as gold hits an interim high. Oil price lows may force Saudi Arabia to devalue the Saudi Riyal. Amidst growing fears of a return to recession, world markets are reflecting the shift in sentiment, and interesting price chart pictures appear. GEO has maintained, since mid-2015, that the shift to recession and deflation was already underway. Now we see the telltale signs in the charts. The free money that had levitated US stock markets since 2009 has been....
Bitcoin in the Headlines is a weekly analysis of bitcoin media coverage and its impact. If you are tired of reading about blockchain technology, then look away now, as bitcoin's underlying ledger dominated much of the mainstream news flow again this week. Elsewhere, Bitreserve's decision to rebrand as Uphold and ostensible move away from bitcoin also captivated the media's attention, and was subsequently followed by various pieces which questioned the digital currency's means of survival. Who's said what and where? Here's CoinDesk's latest look at the top bitcoin and blockchain-related....
A crypto winter has come. With BitCoin (BTC) falling over 70% from its all time high along with Ethereum, and a steady drumbeat of news involving crypto-related funds, companies, and projects collapsing, it is clear that the last round of cryptomania has come to a close. Even juggernauts of GameFi such as Axie Infinity (and its AXS coin) have seen prices tumble; without an endless flow of new money, only those with sustainable business models will survive. Against the Current: Karmaverse Zombie In this kind of bear market, GameFi faces unprecedented headwinds and negative sentiment,....
MicroStrategy made headlines on Tuesday after it announced it has acquired an additional 301 bitcoins during a sharp drop in the price, unfazed of the ongoing market turmoil. The software company founded by Bitcoin bull Michael Saylor has shelled out $6 million for the purchase, making it the largest corporate holder of the crypto, according […]