According to research from venture capitalists, the introduction by both Square and PayPal as crypto trading platforms seems to have rocketed the price of Bitcoin in recent weeks. Estimations claim that nearly all newly mined Bitcoin is being bought by the two Silicon Valley companies. Meanwhile bankers estimate that a new round of stimulus cheques, […]
The ongoing tug of war between the Link Marines (fans on social media of the biggest DeFi coin Chainlink) and the mysterious actors behind Zeus Capital (an entity keen on destroying Chainlink and proving it is a pump and dump scam) face another chapter of battles as subpoena threats are flowing around the cryptosphere. Meanwhile […]
Chinese President Xi Jinping urged his fellow world leaders to discuss CBDCs. His speech of 21 November is quite remarkable as his country has a lead in launching its own digital currency and the Chinese authorities are currently cracking down on crypto miners within its borders.During a videoconference led by the Saudi authorities, the G20 […]
Vitalik Buterin is starting to work on his charisma as of late. Whereas he was seen as mostly intellectual and technical, in recent weeks and months there are sparkles of worldly knowledge and even interesting mocks to be found in his social media messages; Just yesterday he mocked Elon Musk for his use of a […]
When the mysterious Satoshi Nakamoto wrote the now legendary whitepaper (in response to the 2008 financial crisis) that described the idea behind Bitcoin, he made an intrinsic point out of the fact that it’s supply would be limited to 21 million coins only. Few mysteries about Bitcoin remain, whilst others are being answered.The document was […]
One of the more surprising Bitcoin purchasers in these past few weeks have been gambling companies. That may sound strange, but if you know that online poker players are supposed to write up their winnings on their tax forms themselves, it becomes more understandable.The website Winning Poker Network (which claims to support “the best poker […]
Japan and South Korea share a troubled history together. Although they are both allies of the United States and form a front against China, the South Koreans see themselves as a true democratic superpower whilst Japan is still thought of as a colonial empire from the past. Because of the many scandals that the two […]
The growing interest of worldwide business media in all things crypto has several causes and various effects. Causes range from Covid-19 (the pandemic meant that investors looked for inflation hedges) over China (which launched its own Digital Yuan earlier this year, meaning others had to follow) and of course FOMO whilst the effects are mostly […]
Embattled crypto exchange OKEx has announced the reopening of withdrawals on its platform from November 27. This was contained in a message released on its website in which the exchange communicated the reasons for reopening withdrawals.https://twitter.com/OKEx/status/1329393723537387523?s=20Presently, one of OKEx’s private key holders has completed assisting the authorities in a previously referenced investigationOKEx said in a […]
One of the most important works on investing and global finance was written way back in the 1970s. At the end of an era of Opec, oil crisis and the introduction of the Wall Street and Main Street correlation, Charles P. Kindleberger wrote Manias, Panics, and Crashes: A History of Financial Crises. As an avid reader […]
