Tag: mithril

What Is Mithril Cryptocurrency?

In the world of blockchain and cryptocurrency, there is no shortage of innovative ideas. If Mithril is any indication, the way we think about social media will come to change in quite spectacular fashion. This particular project aims to decentralize social media and reward content creators in a fair and transparent manner. The Idea Behind Mithril One could argue that there is no shortage of social media platforms out there. …
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Short Squeeze Catapults Price of Bitcoin Past $7,600

Just hours after short positions on Bitcoin eclipsed longs, and as BTC shorts volume reached an all-time high, Bitcoin saw an explosion, appreciating over US$900 in under an hour, a growth of 13%. Since the pump, global cryptocurrency markets have risen over 10%, to just under US$300 billion. Speculators overwhelmingly agree that the cause for such a price movement was a textbook short squeeze. A short squeeze occurs when a …
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