The most hilarious crypto memes during the 2022 crash
January 26, 2022
The crypto community is very resilient when it comes down to crashing markets. One way to handle the crushing loss is by simply making fun of it. Memes have always carried cryptocurrencies and Dogecoin is one of the most prominent cryptos that is paying homage directly to a meme. Let’s heal together and check the most hilarious memes that have been posted on social media during these dark times.
IMF to El Salvador: stop accepting Bitcoin as legal tender
January 26, 2022
The IMF has urged the government of El Salvador to roll back the law of Bitcoin as legal tender. That law has been in effect since September 2021. The President of El Salvador Nayib Bukele, responded with a friendly raised middle finger, by means of a meme.
The market is down again - Is the recent Bitcoin crash healthy?
January 25, 2022
A crash can always happen in any market and it is usually a very rare event. That is not the case with Bitcoin as crashes are events that happen quite regularly. Unlike in the stock market, Bitcoin and other crypto-assets are crashing on a regular basis and usually not without a rally that is going on beforehand. This leaves us with the question of whether a crash is a good thing in some respects or not. Bitcoin is down almost 51 % from its all-time high. Is such a loss inevitable?
Things to consider while the crypto market keeps tanking
January 24, 2022
The last week has been bad. And as this week just started it becomes clear that it probably won’t get any better. While we don’t provide financial advice there are a couple of things that you should pay attention to. A crash is not only a devastating loss on the balance sheet but also an opportunity to manage risk and adjust one’s own strategy if necessary.
Another dip: what's going on?
January 21, 2022
It was another roller coaster ride, the crypto market. Or should we say: a slide? Over the past day, Bitcoin dropped more than 8% to just above $38,000. Ethereum and other altcoins fell by a similar or greater percentage. What's going on? We list a few causes and reflect on how to put this in perspective.
Fidelity: crypto is here to stay
January 17, 2022
In a report, Fidelity looks back at the year 2021 for Bitcoin and crypto in general. What expectations do they have, based on the developments that are important in their view? Fidelity is one of the largest asset managers in the world, with over four trillion dollars under management. One of the main conclusions: the fact that the Bitcoin network has recovered so quickly from China's ban is very encouraging. A second conclusion: stablecoins and defi are slowly coming of age.
Jack Dorsey’s company Block is developing a Bitcoin mining system
January 14, 2022
As the news spread that Jack Dorsey is going to leave Twitter it became clear that one of the strongest proponents of Bitcoin will focus on driving the success of the world’s first cryptocurrency. Dorsey’s other company “Block” which only recently rebranded and was formerly known as Square is aiming to become a true powerhouse that strives to innovate the Bitcoin space.
Bitcoin Magazine in open letter: Elon, reconsider Bitcoin
January 10, 2022
In an open letter, three editors of Bitcoin Magazine ask Elon Musk to reconsider his position on Bitcoin and the environment. The crux of their argument: the effect of Bitcoin mining on the energy market is that it will increase the production capacity of renewable energy. This is entirely aligned with Tesla's mission.