O n May 11 2020, the crypto world experienced the phenomena knows as Bitcoin halving . For those who are still a little looney-toons regarding this phenomena, here's the lowdown . Moral of the story is that, as the Bitcoin supply decreased and it's 21 million market cap slowly approached, it was widely accepted that the low supply and high demand will increase the price of the cryptocurrency back to its previous highs. Basic business right? Wrong! Source: Equity Trust Company BTC prices actually fell and after briefly holding steady, are only just rising above the 10000 USD range. Surprise eh? Well, we are not done yet. Because while the most valuable crypto coin wasn't showing it's expected gains, some other cryptocurrencies shot to outer space. There was no SpaceX rocket nor a Tesla Roadster involved. These "altcoins" bumped up in their market value thanks to the entire underlying system of cryptocurrency: investor speculation. But what exactly are these &q
Or the Birth of a New One? T here is definitely one thing most of us have in common, and that's the fact that we started off this year, as we do all years, saying, " Happy New Year". A new year, a new decade was upon us as the second hand's of the clocks around the world shifted from 11:59:59 PM to 12:00:00 AM. Gym owners were laughing mischievously, retailers were anticipating rising sales charts, Jeff Bezos and his counterparts were wondering how many zeros they could add to their bank accounts, etc. etc. The start of the year is always the most exciting time but holy mackerel, 2020 took 'exciting' new level. January had Australia burning, laced with the imminent threat of war. February and March saw the stock markets declining. Volcanoes have exploded, earthquakes have struck, the legendary Kobe Bryant has died (RIP to all those who lost their lives in the crash) , oil has become as worthless as achieving second place in a presidential ele