Crypto

March 27, 2023

Peter Schiff vs. His Own Son, CZ, And The Whole Internet

One of the most successful trolls on the interwebz, Peter Schiff, took to Twitter to start a battle. It was Peter Schiff vs. his own son, CZ, Willy Woo, and basically the whole crypto Twitter crowd at once. 🥊

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En Eff Tee News – May 26, 2023

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Then, Peter Schiff’s son Tweets back and wishes his dad a happy 60th and predicts that his dad will own a good chunk of $BTC by his 70th birthday.

Dad Schiff thinks BTC will be worth so little that selling once ounce of silver will net him thousands of Bitcoin (or, wait, maybe silver will be worth more?).

Even Binance’s CZ jumped in.

Interestingly, cryptocurrency advocates and Peter Schiff agree on 95% of the problems with stonks, banks, and fiat – except for Bitcoin. 🤷‍♂️

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NFTs

May 19, 2023

En Eff Tee News – May 19, 2023

Here is some of what’s inside today’s curated NFT news collection:

Web3 zombie apocalypse, DIBA NFT marketplace, Blend’s volume surge, Square Enix’s commitment to Web3, and GALA Games’ big burn.

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Crypto

May 26, 2023

Technically Speaking – May 26, 2023

We’re going to revisit two of our previous Technically Speaking articles and evaluate how they’ve performed since their date of publishing. Call me a big nerd, but it’s fun to track the market’s progression and how it does or doesn’t follow the technical analysis theories applied.

The especially interesting aspects are the theories underpinning technical analysis—some of which have their roots more than a century ago—were conceived long before cryptocurrencies even made their debut on a candlestick chart. This offers us an extraordinary opportunity to transpose these time-tested theories onto a new market and to observe first-hand how they function and manifest. This is precisely what we will be doing in our discussion today.

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Crypto

May 24, 2023

Ethereum Staking Demand Keeps Growing

Ethereum is experiencing record levels of staking following Ethereum’s transition to Proof-of-Stake (PoS) and the recent “Shapella” network upgrade. 🚀

The last update facilitated withdrawals of staked $ETH and rewards, leading to a surge in demand for new validators. Despite initial fears of a withdrawal rush impacting the ETH price, the increasing queue of validators eager to join the network suggests that demand for Ethereum staking is holding steady.

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Crypto

May 15, 2023

Crypto 101: Layer-2

What on Earth is Layer-2? 🌍

If blockchain is a superhero, then Layer-2 is like its sidekick(s). It performs much of the ‘heavy’ lifting off-chain (off the main blockchain), making things run smoother, faster, and cheaper.

Superman can’t stop Doomsday and bad guys in the world at the same time – the Justice League takes on all the ‘other’ stuff going on. 

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Crypto

May 17, 2023

Ripple Gets A Big Win With Hinman

Ripple has achieved a small victory in its legal battle against the SEC as the agency’s attempt to seal the “Hinman Speech documents” was denied. 🎉

These internal files contain drafts and emails about a speech given by William Hinman, former Director of the SEC’s Division of Corporation Finance, over four years ago, saying $ETH is not a security. The documents are sought after by Ripple’s legal team to understand how the SEC arrived at its conclusion that Ethereum was not a security at the time, which could impact the classification of Ripple’s $XRP cryptocurrency.

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Crypto

May 12, 2023

Bitcoin Bandits: When ‘Staycation’ Takes A Whole New Meaning

Former Terraform Labs CEO Do Kwon and his ex-CFO Han Chong-joon made bail today. 😡

Despite their fugitive status, the Montenegrin court has provisionally set them free on bail, amounting to roughly $436,000. However, the court’s ruling comes with the condition that the pair, who claimed substantial South Korean real estate holdings to back their bail payment, stay in a specified local apartment.

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