Cryptocurrency Analysis and News Portal
The trio visited Dresden, NY, home of Greenidge Generation’s bitcoin mining operation, which has become a lightning rod in the wider debate over Bitcoin’s environmental impact and, in particular, the political battles over New York State’s move last year to impose a ban on new mining projects. They found that
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What got to me was not that founders are so obsessed with securing venture capital that they’ll glob onto the next “in” thing. (Let’s save that problem of Silicon Valley fickleness for another time.) It was that people see the various elements of the complex new digital economy forming around
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Welcome to Money Reimagined.Well, this past week felt historic. As bitcoin surged to all-time highs and found its way into TV studios and onto newspaper front pages, it felt like we’d crossed the chasm and gone mainstream. This happened in predictably weird and wild ways, with memes and attention-grabbing stunts
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Welcome to Money Reimagined.A snowy week has left New Yorkers chilly. But ether investors must be feeling cosy. Ethereum’s native token has risen more than 25% on the week to clock new record highs and far outpace bitcoin’s gain, while Ethereum-centric decentralized finance (DeFi) data showed new records for total
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Another week, another lifetime lived: The U.S. President impeached, again. Worldwide COVID-19 deaths close in on 2 million. Bitcoin surges to a record high above $42,000, promptly plunges to almost below $30,000 and then begins a late-week rally above $36,000.Meanwhile, the crypto community has been grappling with some contentious regulatory proposals
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I won’t do that again. Money Reimagined goes on break for three weeks, and what happens? Bitcoin soars 82%. More than 54,000 Americans die of COVID-19. And, oh yeah, an insurrection happens in Washington, D.C.On the second, the numbers speak for themselves: a heartbreaking failure of human organization. On the third,
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A tug of war over Bitcoin’s future is becoming more ferocious. This battle, pitting corporate interests seeking to profit from the Bitcoin system’s disruptive potential against an anti-corporatist dream for a human-first financial system that bypasses institutional middlemen, has been in play for some time. But with bitcoin’s latest price rally,
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One reason I feel privileged to write about digital money is the ideas and technologies it seeks to disrupt aren’t just a few years or decades old. They date back centuries, even millennia.Like gold, for example. As bitcoin’s price has soared to new all-time highs and a parade of big-name investment
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Short-sellers, who make money when the price of a targeted financial instrument declines, aren’t always popular with corporate or government leaders. Those on the receiving end of contrarian bets against stocks or currencies tend to portray them as sharks undermining people striving to build, grow and create value.This, if you’ll
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Bitcoin and Ethereum have both exploded higher in the past 24 hours. The price of BTC is up
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