Tags : crisis

Bitcoin

Bitcoin dips below $50,000 even as a “sell-side crisis” emerges

Bitcoin, the world’s largest cryptocurrency by market cap, lost the $50,000 price level this morning amidst a broader sell-off in both equity and crypto markets. It trades at $48,000 at press time and is down -5% compared to yesterday. But despite the fall, data from on-chain analytics platform Glassnode showed that long-term holders were accumulating […]Read More

Market

Bitcoin Was Not a Response to the Financial Crisis of

Maybe it’s just that winter is dragging on, but I find myself getting increasingly irritated with mainstream reports about Bitcoin that say it was a result of the financial crisis.  It wasn’t, and that matters. First, let’s look at why it wasn’t, and then I’ll explain why this misunderstanding bothers me. Bitcoin’s pseudonymous creator Satoshi […]Read More