#bitcoinist

Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 2: Primitive Moneys) | Headlines | News

Welcome back, book lovers! As we continue our exploration of Saifedean Ammous’ “The Bitcoin Standard,” it’s time to turn our heads to previous forms of money. Each of these stories carries a lesson. At least one serves as a metaphor for the state of our current monetary system. They’re all fascinating, you’re in for a treat. But before we get into the meat and potatoes… Related Reading |…

A Fund Manager Just Bashed XRP, Bitcoin Cash, and Other Altcoins

Save for a few blips, XRP, Litecoin, Bitcoin Cash, and others have been part of the top 10 cryptocurrencies for years. Since the crash of 2018, the altcoins at the top of the pack have largely been unquestioned. But a prominent researcher and fund manager is challenging the status quo. He wrote in a recent tweet that he doesn’t think that five of the top 10 cryptocurrencies “do NOT deserve” being…

Dash FastPass Rollout Across Top Cryptocurrency Exchanges Sparks Bullish Surge

Dash, has earned the reputation of being one of the longest surviving crypto assets in the market. The project has developed specific standards to enable users to enjoy the best possible user experience. Experience is what will, in the end, drive user adoption, and Dash is paying close attention to this fact.

To keep standards high for its users, Dash has launched the FastPass initiative.…

Wall Street Veteran Has More Than 50% of His Portfolio In Bitcoin: Here’s Why

Bitcoin has faced a strong correction over the past week.

Since the highs of ~$12,000 set last week, the leading cryptocurrency has dropped 20%.

As of this article’s writing, BTC trades for $10,100 and is seemingly poised to continue its descent as crucial support levels fall.

Despite the drop, a Wall Street veteran is more convinced of Bitcoin than ever before.

Raoul Pal, the CEO of Real Vision,…

DeFi Awaits “Rude Awakening” as Bitcoin Rallies: Ex Goldman Partner

A rally in the Bitcoin market has prompted traders to shift their capital from the booming decentralized finance sector.

As of Wednesday, almost all the DeFi tokens have plunged sharply on a 7-day timeframe.

Kelvin Koh, the co-founder & CIO of the Spartan Group, expects the DeFi’s downside correction to continue further.

A rising Bitcoin marketcould spell troubles for its neighboring…

Ethereum Just Shot Up $250 But Don’t Bet on That Resistance Breaking

While Bitcoin was rejected at the $9,800 resistance, Ethereum has continued to press higher.

The second-largest cryptocurrency is up by around 4% from the past 24 hours’ lows, outpacing Bitcoin’s relatively mild 1-2% gain.

ETH’s latest uptick brings it close to the crucial $250 resistance level. This level has been important over the past few months, acting as resistance on multiple occasions.…

A Fund Manager Just Bashed XRP, Bitcoin Cash, and Other Altcoins

Save for a few blips, XRP, Litecoin, Bitcoin Cash, and others have been part of the top 10 cryptocurrencies for years. Since the crash of 2018, the altcoins at the top of the pack have largely been unquestioned.

But a prominent researcher and fund manager is challenging the status quo. He wrote in a recent tweet that he doesn’t think that five of the top 10 cryptocurrencies “do NOT deserve” being…