The cryptocurrency market flashed bullish on June 9 as Bitcoin (BTC) price reversed course and rallied 20% to $37,500. For the past few weeks, analysts had been debating whether or not BTC was entering a long-term bear trend and the argument has been further complicated by a mixture of positive and negative headlines including the adoption of Bitcoin (BTC) as legal tender in El … [Read more...] about Bullish reversal? Traders debate whether $37K BTC price is a trend reversal
Debate
Elon Musk not right person to lead green Bitcoin debate, Nic Carter says
Castle Island Ventures’ Nic Carter doesn’t think Elon Musk is the right person to lead the “clean Bitcoin“ debate, “possibly not as far as the Bitcoin community is concerned.” He told Bloomberg, “Bitcoiners are still intensely skeptical of Musk, and they view him as conflicted, given that his business partially involves the sale of offsets.”However, asking for Bitcoin miners to … [Read more...] about Elon Musk not right person to lead green Bitcoin debate, Nic Carter says
As Bitcoin’s payment options grow, BTC true future role up for debate
In an August 2020 paper “Is bitcoin money?” Peter Hazlett and William Luther wrote that there exists only “a small corner of the internet where transactions are routinely conducted with Bitcoin serving as the medium of exchange.” But that corner may be growing into a room, or even a house now. “Demand for Bitcoin has certainly grown over the last year,” co-author Luther, … [Read more...] about As Bitcoin’s payment options grow, BTC true future role up for debate
Experts debate Bitcoin climate footprint in latest Cointelegraph Crypto Duel
In the latest Cointelegraph Crypto Duel, founder of Digiconomist Alex de Vries and CEO and founder of Blockchain for Climate Joseph Pallant debated the intensity of Bitcoin’s footprint and possible paths forward to reduce it. As pointed out by de Vries, Bitcoin’s energy consumption has been increasing together with its network. The analyst predicts its carbon footprint could … [Read more...] about Experts debate Bitcoin climate footprint in latest Cointelegraph Crypto Duel
Experts debate whether NFTs really need blockchain
At the BlockDown 2021 conference, EllioTrades, a crypto YouTuber and co-creator of the Superfarm NFT project, joined a debate about the value of nonfungible tokens, or NFTs, with Edmund Schuster, associate professor of law at the London School of Economics.By definition, NFTs are unique pieces of digital content brought and moved online using blockchain tech, the underlying … [Read more...] about Experts debate whether NFTs really need blockchain