Category: Bitcoin
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Wellfield Technologies (WFLD.V) CEO posts update, revenue spikes
It’s been held underwater for some time on the back of negative cryptocurrency sentiment, but former Equity.Guru client Wellfield Technologies (WFLD.V) appears to be finally making a run against the tides, with CEO Levy Cohen pointing out a large spike in revenues this quarter (based off unaudited figures) as Wellfield’s new subsidiary Coinmama.com begins to…
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Wellfield Technologies (WFLD.V) goes public, brings wave of DeFi interest with it
The final stage of a long acquire-and-go-public process reached completion for Wellfield Technologies (WFLD.V) Tuesday, as the de-fi roll up that has been attracting financial heavy hitters behind the scenes this past year received its go-ahead go-public nod. The recent grouping of Israeli firms Seamless Logic and Moneyclip Inc, with 1290447 BC Ltd, is now…
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Today’s Idea: DMG Blockchain Solutions (DMGI.V) is a frontrunner in the race for crypto regulations
Despite his brilliance, Satoshi Nakamoto couldn’t possibly have imagined what his simply written white paper would have opened up within the next decade. The Bitcoin Protocol has revealed an entire world of decentralization options free from government regulations, interference and intervention, where a truly democratic force out of the reach of the instruments of power…
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The Crypto Climate Accord and a carbon free future for cryptocurrency
We need to talk about cryptocurrency’s carbon problem. Right now the Bitcoin network alone gobbles up more power than the entire nation of Sweden. That’s a big network. It spits a new block reward of 6.25 bitcoin every ten minutes, each worth approximately $61,568.60 at the time of writing, and Bitcoin is presently down a…
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The cryptocurrency guide for the perplexed: Shiba Inu (SHIB)
For the conservative looking to get into crypto, Bitcoin and Ethereum are still where it’s at. They’re the coins that offer the lowest risk profile—they have enough attention, backing and third-party investment to ensure that of all the coins out there they’ll still be around in ten years. But if you’re looking to get rich,…
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This Week in Crypto: Typical Bubble edition
It’s getting a little hard to keep track of who does and who doesn’t like Bitcoin. This week, George Soros offered an endorsement whereas three years ago he panned it, calling it a “typical” bubble. The head of Soros Fund Management argued thi sweek that it has even more long term potential. “I’m not sure…
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This week in crypto: The China Side-Eye Edition
The biggest spate of news actually happened last Friday and it’s China again. Now all cryptocurrency related transactions are effectively banned in China. The effects were immediate: Coinbase Global (COIN.Q) and Robinhood took a 3.5% dive, while MicroStrategy (MSTR.Q) lost 6.7%. Marathon Digital Holdings (MARA.Q) lost %8.1. It didn’t stop there, though. The commentary from…
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This Week in Crypto: Hand in the Cookie Jar Edition
Given that the United States is once again going to the cookie jar to raise the debt ceiling and foist this generation’s financial issues onto the next generation (or the next after that… or after that) you’d think this week in crypto would be all about people bailing out of their positions, and piling their…
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This Week in Crypto: News You Can Trust Edition
Because we’re all about value let’s start this out with some fake news. Walmart (WMT.NYSE) decidedly did not partner with Litecoin, despite news published earlier this week that did the rounds with multiple sources. Charlie Lee, the brain behind Litecoin and leader of its peoples, said the news was fake. Walmart quickly quashed it on…