The billionaire founder of Galaxy Digital, Mike Novogratz, disrespects Litecoin on CNBC.Speaking with host Joe Kernen, the pair discussed the Fed’s moves concerning the macro landscape going into 2022. On that note, Novogratz spoke of an “amazing [crypto] adoption cycle,” which he thinks will maintain the current price form.“You’re seeing this adoption cycle in such an … [Read more...] about Novogratz disses Litecoin on CNBC, does he have a point?
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Elon Musk trolls the Web3 concept, does he have a point?
The world’s richest man, Elon Musk, took to Twitter on Tuesday to call out Web3, asking if anyone has seen it because he “can’t find it.”“Has anyone seen web3? I can’t find it.“While Web3 is billed as an incoming revolution, perhaps an unstoppable one, it seems at face value he’s not sold on the idea. But what exactly does he mean by being unable to find it?What is Web3?Web3 is … [Read more...] about Elon Musk trolls the Web3 concept, does he have a point?
Crypto Miners Extend Slump as Bitcoin Price Falls to Lowest Point Since October
Almost all crypto miners’ stocks were in the red for the day, with Bitfarms falling more than 9%, while peers such as Argo Blockchain and Cipher Mining fell more than 7%. Shares of other miners, including Marathon Digital, Riot Blockchain, Hive Blockchain and Hut 8 Mining, also fell more than 4% on Monday. Source link … [Read more...] about Crypto Miners Extend Slump as Bitcoin Price Falls to Lowest Point Since October
The focus of the blockchain climate discussion is missing the point
As the nonfungible tokens craze took off at the start of the year, many climate-conscious artists vocalized their disapproval of Ethereum’s energy consumption. In May, Elon Musk then derailed Bitcoin (BTC), citing the energy consumed by Bitcoin as cause for Tesla to withdraw its plans to accept BTC as payment for its electric cars. Both of these events have provoked a surge of … [Read more...] about The focus of the blockchain climate discussion is missing the point
What’s the Real Point of ‘Crypto’ Anyway?
This episode is sponsored by NYDIG.Download this episodeOn this week’s edition of “Long Reads Sunday,” NLW reads four Twitter threads:Alex Gladstein on whether the crypto experiment has failed Russian political opposition figure Alexey Navalny on big tech complicity Adam Cochran on the debt ceiling chicken game Jason Yanowitz on why CryptoPunks will be worth $10mSee also: We … [Read more...] about What’s the Real Point of ‘Crypto’ Anyway?