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The rollercoaster that is the bitcoin price knows no limits: it hovers around the $40.000 mark, although the online giant Amazon denied a media report according to which the retailer would accept Bitcoin as a means of payment.
This time, it was not Elon Musk to cause the sharp price increase but a company like Amazon.

What drives the bitcoin price? — Photo by Meg Boulden on Unsplash, edited by the author

Overall, the Bitcoin rally is influenced by all kinds of rumors and other drivers that are not always obvious.

1) Influencer


Founded in 2011 from an idea of Charlie Lee, a former Google employee who graduated from MIT, Litecoin is a cryptocurrency that takes inspiration from Bitcoin, but with substantial differences.

In general, it is one of the most appreciated globally.

Charlie Lee — wikipedia.org

Cryptocurrencies are supposed to make payment easier, more secure, and more digital.

But do you want to stand at the checkout for ten minutes until your coffee is paid for (and cold)?

If Bitcoin gains acceptance as a means of payment, that would be a conceivable scenario, because an average transaction, i.e. …


Ethereum was performing well at the beginning of the year, reaching an all-time high of just under $4,300, but the second-largest cryptocurrency has taken a major hit in recent months in terms of market capitalization. The price halved and found itself at around $1,800 a few days ago. In the meantime, ETH has managed to crack the mark at $2,300 again.

ETH performance — coinmarketcap.com

Despite the negative performance in recent weeks, crypto analyst and trader Kaleo predicts that the price of ETH will grow immensely over the next 12 months. Kaleo’s long-term price prediction sees the price of the digital asset at over…


Far more promising than the degrowth approach (Read here: Is Capitalism Compatible with Sustainability?) is focusing on innovations and investments against climate change and sustainability goals. For this, we need growth — not as a goal, but as a consequence.

Photo by Markus Spiske on Unsplash

The Fight Against Climate Change

The industrialized nations agree that by 2050 at the latest, net CO2 emissions must be reduced to zero. China wants to follow suit by 2060. The reality is still different: The growth in total global emissions may have leveled off in recent years, but — except the special pandemic-related development since COVID — growth is still growth. …


Bull Run? — Foto von Jahoo Clouseau von Pexels, edited by the author

After the steep price drop in April and May of this year, during which the bitcoin price almost halved, the cryptocurrency is consolidating in the range between $30,000 and $40,000. However, indicators are suggesting that bitcoin could break out soon. Is there a good buying opportunity waiting?

The signs are pointing to a bull run. If you look at the growth of the network, for example, measured by the number of new participants, the trend is pointing upwards.


10$? — Photo by Raimond Klavins on Unsplash, edited by the author

Cardano (ADA) has enjoyed a massive increase in price this year. On January 1, ADA was worth $0.18; currently, the Ethereum competitor is trading at $1.27. Gigantic gains, which is why numerous traders and crypto newcomers want to know one thing in particular: How high can Cardano still go? And what are the ADA price predictions of analysts?


EOS — Photo by NASA on Unsplash, edited by the author

“EOS is a highly performant open-source blockchain platform, built to support and operate safe, compliant, and predictable digital infrastructures.” — eos.io

With this slogan, the Peer-To-Peer system EOS aggressively pushed into the market with an ICO and reached the top ten of the most popular cryptocurrencies in no time.

Let’s explore this smart-contract blockchain.

EOS is Doing Something Different

EOS is based on open-source software and the blockchain concept. The objective and functionalities are similar to the Ethereum system.

The EOS platform aims to develop commercial applications in a wide range of disciplines, which then run on a decentralized peer-to-peer system.

What Makes it Special?

EOS advertises that there…


The world is drowning in stuff. Stuff we hoard in our garage, stuff advertisements make us think we would need, and stuff that gets thrown away and washed into the sea. Stuff that causes billions of tons of carbon dioxide emissions every year.

But this stuff isn’t really necessary to live. Often were less happy because of it.

So why do we buy things? But more importantly, how do we stop this consumption?

Growth

Whether it’s a brand new Apple Watch or a new car. Buying for status, acceptance. desire, or because of that ad: the driver of capitalism (growth) needs…


The ‘flippening’ is here

BTC VS ETH — By Vlad Dediu on Pexels, edited by the author

In addition to the U.S. bank Morgan Stanley, Goldman Sachs also rates Ethereum as more promising than Bitcoin and gives reasons why Ethereum will soon be number one.

This would be considered as “The Flippening”.

Crypto analysts also talk about a price increase to $150,000 for an Ethereum token in just 18 months.

Is it possible — can Ethereum beat Bitcoin?

Bitcoin’s Dominance

The number of active addresses on the Bitcoin network has declined by almost 60% in recent weeks, falling from 1.3 million to just under 500,000.

The reduced activity on Bitcoin has allowed Ethereum to overtake its major competitor, recording…

Maximilian Perkmann

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