Author Archives: Dalton Hawk Stokes

—Read Here— China recently announced it will be “cracking down” on cryptocurrency mining and trading behaviors Leaders of the communist nations met including Chinese vice premier Liu He who said: “We should be more alert and look for potential risks,” according to a statement posted on the website after the meeting. “We should crack down on bitcoinContinue reading “Bitcoin Falls as China Calls for Crackdown on Crypto Mining, Trading”

—Read Here— “This week’s price dip showed that cryptocurrency has ‘entered the mainstream,’ says analyst Mike McGlone, and the future is likely ’tilted in its favor,’” reports Cointelegraph. “Earlier, Cointelegraph noted statistician Willy Woo’s estimate that Bitcoin is only halfway through its current bull cycle,” wrote Cointelegraph’s William Suberg and if true then there isContinue reading “Bitcoin in ‘discounted bull market’ unlike stocks — Bloomberg Intelligence”

–Read Here– This short explanation of some of the most popular trading strategies by Cointelegraph’s Connor Sephton is a great starting place for anyone new to trading and will likely make Myriad’s crpto-crash-course.

—Read Here— Ethereum’s planned transition from its traditional proof-of-work network to the proof-of-stake ETH 2.0 network may be coming quicker than expected. PC Gamer reports that it may be happening in the “coming months.” “Ethereum will be completing the transition to Proof-of-Stake in the upcoming months,” Carl Beekhuizen, Ethereum Foundation, says in a blog post, “which bringsContinue reading “Ethereum moves to kill graphics card mining ‘in the upcoming months’”

—Read Here— This is a compelling opinions deep dive by Noelle Acheson, Coindesk’s Director of Research on the current Elon Musk/Tesla fiasco. She said Tesla’s announcement to accept BTC as payment “felt like a PR stunt” insinuating that it’s reversal on this decision is no different. She says that many criticized Bitcoin’s usefulness if itContinue reading “Crypto Long & Short: Why Tesla’s Reversal Is Good for Bitcoin”

—Read Here— “Blockchain data shows that the latest bitcoin market correction,” said Muyao Shen from Coindesk, “which sent the oldest cryptocurrency down by more than 35% from its peak price above $64,000, may have been driven by panic selling from investors who bought during the recent bull market.” She goes on to cite blockchain dataContinue reading “As Newbies Panic in Latest Bitcoin Correction, Old Pros Appear to Buy on the Dip”

—Read Here– “Framework Ventures led the round with Mark Cuban and Ashton Kutcher also signing checks,” wrote Coindesk’s Danny Nelson. The DeFi gold rush continues as Zapper claims to have recently broken the $3 billion mark in total transaction volume. CEO Seb Audet said in a tweet “Our goal is to have this one portalContinue reading “DeFi Dashboard Zapper Raises $15M to Build On-Platform App Store”

—Read Here— A new study by Galaxy Digital finds that the Bitcoin network consumes half the electricity of traditional banking system and half the electricity of gold mining around the world. These finding directly contradict criticisms of the world’s first and largest cryptocurrency by Elon Musk, who recently declared a Twitter war against Bitcoin accordingContinue reading “Bitcoin mining uses half the energy the traditional banking system does, says new research from Mike Novogratz’s firm”

—Read Here— Coinbase CFO, Alesia Haas, appeared on “Mad Money” answering a range of questions from Jim Cramer. Here’s some quick takeaways: She said crypto “is here to stay” but concedes that it’s still very volatile citing price movements emerging out of tweets and “one off headlines.” When asked about regulation of cryptos she tookContinue reading “Coinbase CFO on crypto investors, dogecoin and growing competition”

—Read Here— CoinTelegraph writer, William Suberg, refreshingly departs from the trend of attributing all crypto price movements to the actions of Elon Musk or other public figures. “On Thursday, fresh from its dip to $45,600, BTC/USD is trading above $51,000,” said Suberg, “having regained over half its lost ground.” “With the drama still spreading, CointelegraphContinue reading “3 reasons why Bitcoin doesn’t care about Elon Musk”