• BTC rejects $10K
    Bitcoin,  Commentary

    The Week in Bitcoin: BTC rejects $10K as miners, investors offload risk, but bullish signs resume

    A week marked by volatility high even by bitcoin standards ends with BTC well below $10,000

    In price action, the week began with Bitcoin closing the trading month of May at $9,446, just $39 shy of its intra-monthly high of $9,485. With traders aggressively buying, BTC’s price on BitMEX trampolined to $10,437 on June 1. BTC’s bull run was short-lived, but shows signs of gaining steam again.

  • Bitcoin Pizza Day
    Bitcoin,  Commentary

    Bitcoin Pizza Day: 10 years on, $91M pies

    A booming bitcoin and the adoption of blockchain technology by multinational corporations, leading financial institutions, and even governments shows how far Satoshi Nakamoto’s dream has come

    It’s Friday, May 22, 2020, and two pizza pies cost $45.90 at Stromboli's, across from my apartment in New York City. But 10 years ago, in Florida, two pies from Papa John’s cost Laszlo Hanyecz about $41—or 10,000 bitcoins, which is how he paid. And how Bitcoin Pizza Day was born.

  • Rowling don't understand Bitcoin
    Bitcoin,  Opinion

    The sad, exasperating tale of ‘J.K. Rowling and the Sorcerer’s Coin’

    When one of the world’s richest women asked her 14.6 million followers about Bitcoin, members of the crypto community had a great opportunity. They blew it

    Late on Friday night, Harry Potter author J.K. Rowling tweeted: “I don’t understand Bitcoin. Please explain it to me.” It was an opportunity for the crypto community to offer a clear, direct explanation of why Bitcoin exists, why it’s worth so much, and how it differs from dollars and dimes. Crypto Twitter blew it.

  • Craig Wright word worthless
    Alt coins,  Bitcoin,  Opinion,  People

    EXCLUSIVE: The Case Against Craig Wright, Part II (2012 to present)

    A #Faketoshi hobbyist walks us through more of the details behind accusations that Craig Wright lied and forged proofs that he is Bitcoin creator Satoshi Nakamoto

    The vast majority of the cryptocurrency community thinks Craig Wright is lying when he claims to have invented Bitcoin. This includes luminaries like Ethereum creator Vitalik Buterin, Binance exchange CEO Changpeng “CZ” Zhao, and many others who have reacted with rage to the Australian’s claims. That said, when people call Wright a liar, they generally refer to loads of proof without going into detail. So, we decided to dive into what proved to be a very deep pool.