After weeks of warning traders that bitcoin was going to dump hard because of a major technical break, the largest crypto has hit our first short target. $20,000 is a major zone people have been watching as it was the previous highs back in 2017. A picture is worth a thousand words, so the weekly… Read More »Bitcoin hits our first target! Is $12,000 next?
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By now you’re probably well aware that Terra (LUNA) and its attendant algorithmic stablecoin TerraUSD are dead in the water. LUNA’s blockchain has been halted directly with its price propped up a little above zero by people who haven’t gotten the memo, and TerraUSD is now trading at $0.12, having depegged from the US dollar… Read More »A view to a death spiral: the LUNA and TerraUSD story
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Jean Baudrillard first came up with the twin ideas of accelerated culture and hyperreality while the internet was in its infancy. It’s an postmodern idea where we have an inability of consciousness to determine reality from simulation in technologically advanced postmodern societies. Hyperreality could therefore be a condition where we can’t determine what is real… Read More »This Week in Crypto: Hyperreality is the new Real Edition
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Today we’re talking about Tether (or USDT, they’re used interchangeably). They’re presently the fifth largest cryptocurrency by market cap and the first among stablecoins by dint of being the oldest, but not necessarily the best. We will probably never see another stablecoin rise to take its place, and if we do it’ll be dirtier than… Read More »The Cryptocurrency Guide for the Perplexed: Tether (USDT)
The post The Cryptocurrency Guide for the Perplexed: Tether (USDT) appeared first on Equity.Guru.
Today we’re talking about Tether (or USDT, they’re used interchangeably). They’re presently the fifth largest cryptocurrency by market cap and the first among stablecoins by dint of being the oldest, but not necessarily the best. We will probably never see another stablecoin rise to take its place, and if we do it’ll be dirtier than… Read More »The Cryptocurrency Guide for the Perplexed: Tether (USDT)
The post The Cryptocurrency Guide for the Perplexed: Tether (USDT) appeared first on Equity.Guru.
The United States is doing everything it can to maintain its economic hegemony and that’s why they’ve been paying such attention to cryptocurrency and its adherents, and that’s a good thing we should support, because the alternative is vastly worse. At first blow, it seems an oversimplified, maybe even half-baked, explanation for the recent spate… Read More »The realists guide to cryptocurrency regulation
Bitcoin’s zoomed to a new all-time high of $28,601.89 over the Christmas season, likely fattening the wallets of hodlers while causing a nasty case of regret in everyone…
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