Archive: CoinDesk
SBF and the Fear of Future AI Overlords
By Olivia Strobl on December 9, 2022
Crypto Market Musings Over the past week, bitcoin and ethereum have begun to stabilize following the spectacular collapse of FTX and the fall of crypto tycoon Sam Bankman-Fried (SBF). BTC prices have hovered around $17,000, and ETH prices have hovered around $1,300. According to CoinDesk, volatility for the two coins has also fallen dramatically, down 47% for bitcoin and 45% for ethereum. This decrease in volatility paired with neutral momentum has…
Bitcoin Challenges Traditional Economic Theory
By Olivia Strobl on November 4, 2022
Crypto Market Musings In case you missed it, Elon Musk is officially “Chief Twit.” The business magnate became the sole director of Twitter after his deal to buy the company (finally) went through on October 27. Musk went on to use the platform to spread…
Crypto Startups Keep Attracting Massive Investments
By Adam Sharp on December 21, 2021
NYDIG is a startup that specializes in solutions for institutional bitcoin investors. And it recently raised a whopping $1 billion at a $7 billion valuation. Here’s an excerpt from CoinDesk’s reporting: NYDIG said Tuesday it raised…
Bitcoin Is Primed for Continued Growth
By Adam Sharp on April 9, 2021
The crypto bull market is showing remarkable strength. After months of incredible growth, bitcoin is trading in a remarkably tight range — anywhere from $56,000 to $58,000. It looks to me like big players are building positions. If these new institutional investors hold for the long…