America’s most notorious whistleblower Edward Snowden pointed out today, in his own way, that he called Bitcoin’s bottom in March. This comes as Bitcoin’s price remains above $19,000, nearly the highest it’s ever been.
He tweeted, “Bitcoin was ~$5,000,” showcasing how far it has come since his initial tweet.
Snowden’s original tweet came when the global market meltdown caused by the coronavirus outbreak pushed the price of Bitcoin below $5,000. Bitcoin had suffered its biggest price crash in more than a year, losing $22 billion from its market cap in just 24 hours. But while some people were calling Bitcoin’s immediate demise, he remained staunchly optimistic.
“This is the first time in a while I've felt like buying bitcoin. That drop was too much panic and too little reason,” Snowden tweeted, on March 13.
However, the crypto began to recover fairly quickly, culminating in the ongoing price rally that has already eclipsed Bitcoin’s all-time high seen in late 2017.
“I thought I knew how bad times had gotten, but then my wife told me they took the McChicken off the dollar menu,” Snowden tweeted, adding, “Today I learned the dollar has lost 99.93% of its value since 2013 (relative to Bitcoin).”
Crypto dark markets have rebounded weeks after Telegram shut down the world's largest illicit marketplace, with successor platforms processing equal volumes, amounting to roughly $27 billion.
Elliptic reported Monday that Tudou Guarantee marketplace has captured most of the transaction volume from Huione Guarantee, which Telegram banned on May 13 following the blockchain analytics firm's investigation.
The report shows how Huione Guarantee's activity collapsed to zero immediately after May 11,...
The wildest clips from Iran's bombing attacks weren't captured by Pentagon cameras or CNN crews. They were cooked up by Google's AI video maker.
After Iran's missile barrage against Israel earlier in the week, fake AI videos started spreading like a nasty rumor, showing Tel Aviv and Ben Gurion Airport supposedly getting hammered.
The scenes were highly realistic, and though the strikes were real, the videos going viral all over the internet were not, according to forensic firms.
This is the stat...
Midnight Network, a privacy and data protection blockchain with connections to Cardano, will offer NIGHT tokens to users of Bitcoin, Ethereum, Solana, and other major networks as part of its launch airdrop.
The protocol revealed its two-token system and “Glacier Drop”—a multi-phase token distribution event—plans in a 45-page tokenomics white paper on Monday.
“Traditional tokenomic models rely on a single token and require users to spend tokens for every transaction, creating economic uncertain...