Dogecoin co-creator Jackson Palmer said in a new interview with Australian publication Crikey that he wishes “it was the end of crypto, but it’s not,” and that “increasingly people are doing nothing but making money off doing nothing, it’s kind of fucked us all up.” Palmer was promoting his new […]
crypto
Crypto Week: Bitcoin Nears $29,400, Ether Weekly Fall Over 10%, Apecoin Worst Hit
The crypto market had a volatile week with Bitcoin weighing on the bearish tone and Ethereum witnessing steep corrections. ApeCoin was worst in the last seven trading sessions in terms of percentage. Terra made a comeback with a rebranded chain called Terra Classic and a new coin called Terra LUNA […]
This 25-year-old crypto YouTuber quit college, made millions last year
This story is part of CNBC Make It’s Millennial Money series, which details how people around the world earn, spend and save their money. In late 2018, Brian Jung, then 21, decided to drop out of college to pursue entrepreneurship full-time. His South Korean immigrant parents were taken aback: Jung had some […]
JPMorgan sees higher BTC price potential, a16z unveils $4.5 billion crypto fund, and PayPal hints at more crypto and blockchain involvement: Hodler’s Digest, May 22-28
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Andreessen Horowitz closes $4.5 billion […]
Bitcoin separates from other crypto in uncertain times
The price of the world’s largest digital asset is down nearly 40% so far this year, extending declines amid the recent crypto market rout. But market observers say that bitcoin is holding up better than the rest. Why it matters: Bitcoin has been moving in tandem with other crypto as […]
StoneX Executes First Bitcoin Swap As Firm Looks to Grow Crypto Dealings
The derivative was a cash-settled bitcoin swap denominated in US dollars It’s the first step toward building out a growing crypto business line that would likely include market making Derivatives specialist StoneX Group has pulled off its first US dollar-denominated bitcoin swap, joining a growing cadre of legacy financial players […]
‘Revival Plan’ Boosts ‘Essentially Zero’ Luna Price By 1,000% Amid Bitcoin, Ethereum And Crypto Crash
Luna LUNA , the collapsed cryptocurrency that was designed to support the terraUSD (UST UST ) stablecoin, has rocketed higher over the last 24 hours despite falling to near zero this week—a dramatic collapse that shook the wider bitcoin and crypto market. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor […]
From bitcoin to stablecoins to NFTs, what is the point of crypto?
When it comes to crypto, all the questions sort of boil down to one: What, actually, is the point of it? Crypto is supposed to be special, i.e., not like other markets — at least if you listen to its boosters. But what if it’s not? It’s felt pretty spectacularly […]