Helping you make wiser investment decisions


JK Rowling Asks About Bitcoin. Accursed Crypto Twitter Scares Her Off

JK Rowling probably wasn’t expecting to unleash the bitcoin community’s pent up passion and imagination when she tweeted two sentences asking about bitcoin. But the author of the Harry Potter series did. Responding to a tweet from CoinDesk senior reporter Leigh Cuen, Rowling tweeted: “I don’t understand bitcoin. Please explain it to me.” In just […]

Where Bitcoin Fits in the New Monetary Order

The third part of The Breakdown’s Money Reimagined series looks at the role of bitcoin and USD stablecoins in the new global monetary order. Niall Ferguson has called this moment an “age of experimentation” when it comes to currencies. One of the unique features of this moment is the experiments are not limited to the […]

Surveying the Carnage: Movies, Sports and Education in Crisis

As the COVID-19 crisis grows, some industries will recover quickly, but some won’t recover at all. In this episode we help you understand which is which. This is the second in a series of episodes on how the economic crisis is challenging and transforming different industries. NLW looks at: Disclosure Read More The leader in […]

Fund Manager Got N.Y. BitLicense After Hiring Its Creator

Benjamin Lawsky, the former financial regulator who created New York’s BitLicense in 2015, joined New York Digital Investment Group Asset Advisory LLC (NYDIG) nearly a year before the bitcoin fund manager applied for, and received, that license. Lawsky’s ties to NYDIG, which has raised $230 million in six separate fund sales since 2018, are documented […]

Stablecoin Supply Breaks $10B as Traders Demand Dollars Over Bitcoin

The value of assets for all stablecoins surpassed $10 billion Tuesday, having surged by over 70% in just two months, according to Coin Metrics. Stablecoin supply growth comes as more cryptocurrency traders choose to trade alternative cryptocurrencies (or altcoins) using dollar-backed digital tokens instead of bitcoin. Most of the stablecoin growth comes from tether, which […]

Bitcoin Halving Arrives: Mining Rewards Drop for Third Time in History

Bitcoin’s third halving, the network’s quadrennial landmark and the most anticipated event this year in the cryptocurrency industry, has finally happened. Miners racing on the network to compete for freshly minted bitcoin produced the 630,000th block at 19:23 UTC on May 11, which triggered the programmed halving event, marking another milestone in the currency’s 11-year […]

3 Straight Record Days Drive CME Bitcoin Futures Open Interest to All-Time High

Open interest for CME bitcoin futures made a new all-time high of just under $500 million on Friday, the third consecutive day of open interest records this week. Significant growth in CME futures demonstrates the intensifying contest between the stalwart institutional trading platform and crypto-native derivatives exchanges like BitMEX.  Over the past month, CME’s bitcoin […]

9 Reasons Why Bitcoin Has Never Been Stronger Going Into a Halving

From surging price and all-time-high hashrates to Paul Tudor Jones and narrative relevance, a look at the strength of BTC heading into next week’s halving. The bitcoin halving is just a few days away and the growing excitement is palpable. On this episode of The Breakdown, NLW argues the excitement is also legitimate, and looks […]

How Real Estate, Travel and Music Are Faring During the Crisis

One hundred million jobs lost and $2.7 trillion in GDP evaporates. Shutdowns lasting 18 to 24 months. NLW looks at the impact of the COVID-19 crisis on key industries. The second-order effects of the COVID-19 crisis are here, and they’re painful. In this episode of The Breakdown, NLW looks at how COVID-19 is impacting three […]

BitMEX Is Making Bitcoin Network More Expensive for Everyone, Researcher Finds

Every day, around mid-morning New York time, the average fee bitcoin users worldwide pay to send the cryptocurrency spikes for up to an hour, then returns to normal. A respected researcher thinks he’s found the reason: BitMEX. If the crypto derivatives exchange used more efficient technologies when broadcasting transactions, users could save as much as […]

Why Warren Buffett’s Bearishness Should End V-Shaped Recovery Talk

NLW unpacks a meaningful shift as the famously optimistic Warren Buffett struck a more sober note at Berkshire Hathaway’s first-ever virtual annual meeting. One month after the bankruptcy of Lehman Brothers in 2008, Warren Buffett of Berkshire Hathway wrote an op-ed saying he was buying stocks. Yet, during the coronavirus crisis he is sitting firmly […]

Enterprise Blockchains: Walled Off Yet Vulnerable

How do you hack an enterprise blockchain? We may find out soon enough. Enterprise blockchain products have been designed mostly as private networks, limited to authorized parties. This is supposed to make them more efficient than public chains like Bitcoin and Ethereum because fewer computers have to reach agreement on who owns what, and in […]