Real Vision co-founder and CEO Raoul Pal has sparked a spirited debate after predicting that Ether (ETH) and other coins with “network effects” will outperform Bitcoin (BTC) over time. Pal shared a chart of Ether’s price relative to BTC since Aug. 7, 2015 — six years after Bitcoin was created — showing that “ETH has outperformed BTC by 250%.” Fascinating to see that since inception ETH has outperformed BTC by 250%. It only fell below its initial price in BTC for the first 5 months of its existence in 2015. Let that put rest to the idea that all other …
Lee Hsien Loong, Prime Minister of Singapore, claims someone set up a profile on the social token platform BitClout to sell tokens using the information from his Twitter account. In a Facebook post Friday, Loong urged Singaporeans to “to remain vigilant when dealing with cryptocurrency platforms.” He said that someone had used BitClout to create one of the platform’s Creator Coins using his name, Twitter account bio, and photo. According to the screenshot Loong posted, there were 27.4088 of his tokens with a market capitalization of more than $9,800, with at least one user holding $4.77 worth. “I have discovered …
Teletubbies, a British children's television series that has been on the air since 1997, is showing signs that its loveable characters may become the newest entrants to the crypto space. On Wednesday, the official Teletubbies Twitter account posted a message with the hashtag "Bitcoin," saying the characters were “possibly hiding” something from viewers. Two of the characters — Tinky Winky, known for his purple color, and Po, known for her red — appear with laser eyes next to a giant question mark. Eh-Oh...what could the Teletubbies be possibly hiding from us? Stay tuned for something BIG this week. #Bitcoin pic.twitter.com/fJ2NBXsENx …
One of the toughest puzzles in crypto is figuring out what to take seriously. On Friday, the DeFi Alliance — a decentralized finance startup incubator and accelerator — announced a list of 11 new members. Some were predictable, such as oracle provider Chainlink and venture capital stalwart Blockchain Capital, but one name stood out in particular: eGirl Capital, the social media menace and upstart VC outfit inspired by a horned-up internet subculture. The announcement prompted an industry-wide heavy sigh and rubbing of the eyes: So @egirl_capital has joined the @defialliance what timeline is this lol. https://t.co/UWbsemV94t — Qiao Wang (@QwQiao) …
The LEGO Group, a toy manufacturer best known for its popular interlocking plastic bricks, hinted it may be getting into the latest craze in the crypto space. On Wednesday, the official LEGO Twitter account posted (and then quickly deleted) a message referencing non-fungible tokens, or NFTs, along with a short video clip. The tweet, which read "zeros and ones but still a brick" along with the NFT hashtag could imply that the famous toy manufacturer is considering entering the crypto space once again. The 14-second video, though not directly connected to NFTs, shows a 3D LEGO brick rotating in space …
Members of the XRP Army — supporters of the XRP token — have started an online movement to pressure crypto exchanges to relist the digital asset amid Ripple facing a lawsuit from the United States Securities and Exchange Commission, or SEC. According to Twitter user MackAttackXRP, the hashtag "RelistXRP" was trending in The Netherlands earlier today, with some users reporting the social media movement was gaining traction in Australia, the United States and the United Kingdom. Twitter data showed more than 35,000 tweets with the hashtag in the Netherlands, more than 30,000 tweets in the U.S. and roughly 24,000 in …
Twitter users can now send Bitcoin (BTC) with a single tweet, after digital payments app Bottlepay launched its integrated Bitcoin social media feature. Transactions between Twitter users can now apparently take place using the simple tweet template “@bottlepay send 1,000 sats to @twitteruser.” The command can be executed from directly within the Twitter app, and the Bitcoin is transferred from one user to another automatically. Bottlepay describes itself as a global payments disruptor, and raised $15 million in a seed funding round towards the end of February. The Bottlepay app can also be used with other social media platforms, such …
All the trendy aspects of the crypto space — non-fungible tokens, institutional adoption of Bitcoin, the quirkiness of Dogecoin — have found a home with Tesla CEO Elon Musk. In a tweet today, the billionaire claimed he would be selling a musical non-fungible token, or NFT, with lyrics based on the hype surrounding the technology: "It’s verified, it’s guaranteed." The video clip playing the song features a pair of diamond hands underneath the moon with Shiba Inu dogs — likely a reference to Dogecoin — circling. I’m selling this song about NFTs as an NFT pic.twitter.com/B4EZLlesPx — Elon Musk (@elonmusk) …
Though the price of Dogecoin (DOGE) surged over the weekend to surpass $0.06 again, this time another token based on a cuddly canine benefited from the hype around Elon Musk’s social media posts. In a Saturday tweet, the Tesla CEO said he would be getting a Shiba Inu dog for his household. The dog — whose breed is native to Japan — was at the center of the popular meme from which Dogecoin took its name in 2013. The doge meme features a Shiba Inu looking into the camera with a seemingly confused expression as floating text represents its inner …
According to a March 10 tweet by Bitcoin (BTC) podcaster Peter McCormack, at least six crypto-related accounts have been recently suspended by Twitter. The listed accounts include some of the most prominent crypto figures on Twitter with over 300,000 subscribers like Bitcoin on-chain analyst Willy Woo and BTC stock-to-flow model creator PlanB, as well as crypto advocate TheCryptoDog. Other industry-related accounts like MMCrypto, TheMoon, Koroush AK, and WSBChairman — who claims that the account is not associated with Reddit’s r/WallStreetBets community — have also been suspended. Full list of account suspensions:@woonomic @100trillionUSD@mmcrypto@wsbchairman@themooncarl@TheCryptoDog @KoroushAK Strangely @PeterSchiff hasn't though, what gives? https://t.co/i6L5e93BTV …
Square’s majority stake in Jay-Z’s streaming service Tidal could potentially result in some blockchain-related functionalities on the platform, according to one analyst. Avivah Litan, a technology analyst at consulting company Gartner, suggested that Square’s $297 million investment could push Tidal to start taking advantage of new technologies like blockchain and cryptocurrencies, Reuters reports Friday. With Square’s help, Tidal would specifically benefit from the technology of non-fungible tokens, or NFTs, which allows artists to certify ownership for photos, videos and other digital content, the expert noted. NFT technology could easily track the provenance of autographs and memorabilia, potentially making them even …
Jack Dorsey, CEO of social media powerhouse Twitter, has donated 1 Bitcoin (BTC) to Brink, a nonprofit group focused on Bitcoin’s technological framework. “Honored to have received a 1 BTC donation to our developer funding efforts from none other than @jack!,” Brink’s Twitter account posted on Tuesday. At the time of publication, that Bitcoin is worth $46,824. Reporting earlier this month showed the recently established organization receiving 503(c)(3) nonprofit status from the Internal Revenue Service, giving Brink a break on federal taxation. The entity looks to further Bitcoin by helping out its developers, as noted on Brink’s website: “Brink exists …