Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.”
Powered by WPeMatico
Auto Added by WPeMatico
Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.”
Powered by WPeMatico
Powered by WPeMatico
Hint: Many altcoins—not just LUNA—are down over 80% from their all-time highs in 2022.
Powered by WPeMatico
Powered by WPeMatico
Why do certain altcoins moon? It’s a question that all crypto holders have pondered at some stage while enviously eyeing the ascent of a token that wasn’t even on their radar, let alone their portfolio. If the performance of obscure tokens in a bull market is discombobulating, how to explain such breakouts in a deep […]
The post While the Crypto Market Was Hemorrhaging Value, These Tokens Mooned appeared first on Bitcoin News.
Powered by WPeMatico
Starting a debate by calling nearly everyone in the room “economically illiterate” doesn’t usually end well for someone attempting to persuade an audience, but that’s just what American economist Nouriel Roubini did on Tuesday, in his debate with Bitcoin.com Executive Chairman Roger Ver. The 40-minute, high-energy volley of arguments and ad homs is as entertaining […]
The post ‘Why Are You Afraid?’ – Watch Roger Ver Debate Nouriel Roubini on Cryptocurrency appeared first on Bitcoin News.
Powered by WPeMatico
Popular messaging app Kik is shutting down due to a Securities and Exchange Commission lawsuit regarding ICO activity for the company’s cryptocurrency, kin. Ted Livingston, Founder and CEO of Kik and Kin, denies the allegations and maintains that the SEC’s case is based on mischaracterizations, but that shutdown for Kik is necessary to focus on […]
The post Messaging App Kik’s Legal Battle Shines Light on Past ICO Scams appeared first on Bitcoin News.
Powered by WPeMatico
During the crypto bull market of 2017, everybody was happy. It wasn’t just the BTC maximalists, BCH enthusiasts, or proponents of ETH. Privacy coins like monero were doing great, and even charity-supporting “comic relief” coins like doge were riding high. Since that enchanted time, however, the diverse class of tokens known as altcoins has somehow […]
The post Crypto’s Forgotten Altcoins Re-Emerge: A Look at What’s Happening appeared first on Bitcoin News.
Powered by WPeMatico
Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many Aussies are celebrating Bitcoin’s exclusion from this clause, others find the move away […]
The post When Cash Is Banned, Centralized Cryptos Are Not Going to Save You appeared first on Bitcoin News.
Powered by WPeMatico
In the cryptocurrency industry, there are thousands of altcoins on the market today. Of those projects, half or less are still actively maintained today, creating a massive amount of “shitcoins“. Now is a good time to recap how an altcoin turns into a shitcoin over the course of weeks, months, and years. This process is still ongoing today, as nearly nine in ten new projects fail around the clock. Step 1: Creating Hype for no Reason When it comes to the different altcoins launched over the past ten years, the ones which didn’t create media-levels of buzz and excitement are
The post The Evolution From Altcoin to Shitcoin in 4 Steps appeared first on The Merkle Hash.
Powered by WPeMatico