Helping you make wiser investment decisions


Disruption, Money and a World of Change, Feat. Niall Ferguson- CoinDesk

“I think the right lesson to draw from all of this is that a global order needs to be based on a distributed operating system, not on a centralized architecture…” – Niall Ferguson In this wide ranging conversation CoinDesk’s Michael Casey speaks with author, historian and Hoover Institution senior fellow Niall Ferguson about our disrupted […]

How a Flurry of ‘Digital Dollar’ Proposals Made It to Congress

The “digital dollar” took just eight days to get into Congress. Advocates for digitizing coronavirus relief payments began working with Congressional staffers earlier this month to outline how the Federal Reserve could potentially distribute funds to unbanked individuals quickly as the country’s economic downturn worsened. Morgan Ricks, an associate professor at Vanderbilt Law School, told […]

Gold-Backed Stablecoins Race to Keep Up With Crisis-Driven Demand

Gold-backed crypto tokens continue to rise in price as sourcing gold itself during the coronavirus-induced downturn is reportedly getting more difficult. Demand for Paxos Gold (PAXG) and Tether Gold (XAUT), two of the most liquid gold-backed token projects, has surged this week. Both blockchain-backed tokens each represent a legal entitlement to one ounce of gold […]

Crypto-Friendly Bank Revolut Launches in the US

Mobile bank Revolut has launched in the U.S., with an eye to offering its cryptocurrency services sometime in the near future. The London-based challenger bank announced Tuesday that U.S. customers could now register for an account and sign up for a payment card. Deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to […]

Bitcoin Halving 2020, Explained – CoinDesk

This article is part of an ongoing series on the significance of Bitcoin’s third halving, expected to take place around May 13, 2020. Further reading: “The halvening” sounds like a horror movie about an ax murderer. But it’s actually the nickname for one of the most hotly anticipated events in Bitcoin’s history. Sometime in May, […]

Ruble’s Drop Eases Pain of Lower Bitcoin Prices for Russia’s Miners

The global market meltdown has indirectly benefited Russia’s bitcoin miners, even as the cryptocurrency’s price tumbled along with other assets. That’s because the Russian national currency has rapidly lost value, dropping from 60 rubles to the dollar to 80 in two weeks. In addition to the coronavirus pandemic weighing on all markets, the ruble has […]

Bailouts, Bitcoin, Disruption, Failures and Hope

From Boeing to Bitcoin in this week’s discussion we’re talking about our disrupted reality, the politically expedient path forward, why it almost certainly won’t work, the alternatives to it, what this means for bitcoin and what you can do to help. Source link

4 Reasons Central Banks Should Launch Retail Digital Currencies

Ajit Tripathi, a CoinDesk columnist, is an entrepreneur and crypto co-host at the Breaking Banks Europe Podcast. Previously, he served as a Fintech Partner at ConsenSys and a co-founder of PwC’s UK Blockchain Practice.  Before coronavirus hit the west in late February, the world’s attention was focused on billionaires saving the world in Davos. This […]

The Puell Multiple Is Turning Bullish on Bitcoin

Bitcoin’s (BTC) recent sell-off has pushed prices on the top cryptocurrency by market capitalization into a historically attractive zone, according to one indicator.  Prices fell from $10,200 in mid-February to 12-month lows below $4,000 last week, dashing many hopes for a strong rally ahead of the May 2020 mining reward halving.  However, with the price […]

Thousands of These Computers Were Mining Cryptocurrency. Now They’re Working on Coronavirus Research

CoreWeave, the largest U.S. miner on the Ethereum blockchain, is redirecting the processing power of 6,000 specialized computer chips toward research to find a therapy for the coronavirus. These graphics processing units (GPUs) will be pointed toward Stanford University’s Folding@home, a long-standing research effort that unveiled a project on February 27 specifically to boost coronavirus […]

PayPal’s Financial Crimes Division Is Seeking a Blockchain Expert

Payment giant PayPal is seeking a blockchain expert to help identify use cases for the tech in the prevention of financial crimes. According to a job opening posted late last month, the firm wants to hire a director of AML and blockchain strategy. The new staffer at PayPal’s New York City office would be responsible […]

Record Bitcoin Price Volatility Fails to Unnerve HODLers

Bitcoin’s (BTC) price volatility has surged to record highs but the long-term investors popularly known as “HODLers” don’t seem to be deterred.  The cryptocurrency’s three-month implied volatility rose to a lifetime high of 6.8 percent on a daily basis (equal to 130 percent annualized) on March 13, according to crypto derivatives research firm Skew. BTC/USD […]