Good morning. Here’s what’s happening this morning: Market moves: Investors bought up bitcoin quickly after Saturday’s sharp sell-off. Trading volume spiked on Saturday, although by Sunday it had leveled off as traders await Monday’s opening of equity markets. Technician’s take: BTC buying has been weak despite short-term oversold signals. ETH is also taking a breather […]
First Mover Asia: Bitcoin, Altcoins Regain Ground After Early Weekend Spiral; Trading Volume Levels Off After an Intense Saturday
Exploring Bitcoin’s Lightning Network
This episode is sponsored by Nexo.io, KuCoin and DeFiHorse. The Lightning Network is arguably the most anticipated scaling solution for Bitcoin to date. Why isn’t everyone using it? “Speaking of Bitcoin” hosts Adam B. Levine, Andreas M. Antonopoulos and Stephanie Murphy are joined by Rene Pickhardt, Bitcoin and Lightning Network Developer. The four lead a […]
How Bitcoin Set Itself Up for This Sell-Off
“Okay, so now what?” That was basically what the bitcoin market was saying over the past few weeks. Then a sell-off in the spot market over the weekend triggered several hundred million dollars’ worth of futures liquidations that helped to send prices plummeting further. Ever since the massive rally culminating in the all-time high of […]
Silk Road Founder Ross Ulbricht, Who Proved the Case for Bitcoin, Can Do So for NFTs
Ross Ulbricht, the founder of Silk Road online marketplace that hosted everything from children’s books to ketamine, is selling a non-fungible token (NFT) with the proceeds going to his legal fund and children of incarcerated parents. Founded in 2011, Silk Road is often cited as the first true “use case” of bitcoin. It proved that […]
Shiba Inu: Memes Are the Future of Money
The shiba inu (SHIB) coin has had a really interesting week. Between late October and Nov. 28, the “Dogecoin Killer” meme token lost about half of its value in dollar terms. Then it surged more than 30% as the Kraken exchange announced it would list the token. Then, starting early this morning, it crashed again […]
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