Measured as from the top, Ripple Labs XRP coin has now gone from a market cap back in 2018 of $137 billion to a mere $10 billion. Although that is still an admirable war chest which is left for Brad Garlinghouse to fight the SEC accusations as laid out in their lawsuit, it also means […]
The newly passed stimulus package in the US congress meant that the Federal Reserve’s money printers will soon be going Brrr again. This could clearly be seen in the chart of the US dollar which descended versus other major fiat currencies, and started to slide against Bitcoin. Although economics professors such as Nouriel Roubini might […]
Apparently, the Matrix is upon us. It is everywhere, all around you. Even as we speak, the world of front running bots is roving the dark forest of Ethereum to make trades before you even think about them. Anticipatory moves are the new rage in Silicon Valley. Their AI is now thinking of ways to anticipate […]
An important article in the Times of India yesterday in which it was explained that the Indian government of Prime Minister Modi is currently considering imposing a 18% goods and services tax (GST) on any Bitcoin transactions. Given the growing importance of the crypto industry in India, this could prove to be a massive shift. https://twitter.com/CryptooIndia/status/1343771297428480002 […]
Whoever said that athletes weren’t the brightest of them all, needs to go and talk to Russell Okung. The resident tackle (don’t ask me about NFL rules though) of the Carolina Panthers has been demanding ever since May of 2019 that part of his contract be paid in Bitcoin. Okung explained after the news made […]
With both Bitcoin and Ethereum racing to new highs as the end of the year approaches, questions linger about which altcoin will follow them upwards the fastest. In other words, if you want to spread your risk and amass multiple coins in your crypto portfolio, which one is best to invest next to those two […]
One of the most interesting documentaries to be released in 2020 was certainly Netflix’s The Social Dilemma. It shows how tech companies make money off your personal data, a system perfected by Sheryl Sandberg when she joined Facebook (it is in my personal opinion starting to look like Reed Hastings, CEO of Netflix, might dislike […]
The Sword of Damocles which explains that there is ever-present danger for those in a position of power, originated from a legend out of ancient Greek mythology. Damocles was a soothsayer to king Dionysius who wanted nothing more than to be king himself, if only for a day. Dionysius granted him his wish, but as […]
Is it possible that Bitcoin (which hit $28,000 overnight) would see an exit of investment in 2021 as more people get vaccinated and the world economy returns to normal? Will investors at that moment decide they’ve had enough of safe havens like gold, government bonds and Bitcoin? In other words, was there a Bitcoin rally in […]
Never a dull moment with famed economist and known perma bear Nouriel Roubini. The economist who called the 2007-2008 financial crisis before it happened still has a large swath of fans and is therefore always listened to on whatever economic subject he wishes to discuss. Yahoo Finance had him on and clearly hoped that he […]
