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Volatility Is Crypto’s Best Friend


Stephen Ehrlich, Co-Founder and CEO at Voyager Digital, a crypto-asset broker. _____ Volatility is good for crypto. It serves multiple purposes as the whole crypto ecosystem matures, which we have to remember is an industry and technology that is still only just over a decade old. New and emerging...

An Asynchronous and Divergent Recovery May Put Financial Stability at Risk


Source: Adobe/adrian_ilie825 Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund’s Monetary and Capital Markets Department. _____ After enduring a tumultuous 2020, the global economy is finally emerging from the worst phases of the COVID-19 pandemic, albeit...

5 Ways DeFi Can Revolutionize the Healthcare Industry


Pradeep Goel, CEO of Solve.Care, a blockchain-powered platform for healthcare benefits administration and payments. ______ Against the backdrop of the COVID-19 pandemic, the recent growth of the decentralized finance (DeFi) market could change the game for the healthcare industry. Let’s explore...

The Dark Side Of Coinbase Listing


Brian Armstrong, CEO and Founder of Coinbase. Source: A screenshot, Coinbase Jerry Davis, Fellow at the Center for Advanced Study in the Behavioral Sciences at Stanford and Professor of Management and Sociology, University of Michigan. ________ Coinbase’s plan to go public in April highlights...

Are NFTs an Implicit Backdoor Adoption to Crypto?


Bird Keeper by JUNG. Marie Tatibouet is the Chief Marketing Officer at crypto exchange Gate.io. _____ While it took around twelve years for crypto to reach the “early majority” stage in the tech adoption curve, non-fungible token (NFT) adoption is moving much faster. NFTs are bringing crypto...

Joe Biden's USD 1.9T Stimulus Won't Reignite World Economy


Source: Adobe/Ольга Копьёва Michael Kitson, University Senior Lecturer in International Macroeconomics, Cambridge Judge Business School. _______ The economic orthodoxy has long been that governments should try to balance their books and leave all the heavy lifting in managing their economies...

The Case Of a Plunging Fiat Currency: Turkey's Struggling Lira


Emre Tarim, Lecturer in Behavioural Sciences, Lancaster University. ____ The Turkish lira has once again made global headlines, with a steep drop of 15% on March 22, running from below 7.20 to the US dollar to over 8.28, before settling just below 8.00. This came on the back of a midnight decree...

Why Would Anyone Buy NFT – A Link To A JPEG File?


Unlimited Possibilities by Buddyart00. Last sold for USD 3,707. Aaron Hertzmann, Affiliate Faculty of Computer Science, University of Washington. _______ As an academic researcher, developer of artistic technology and amateur artist, I was quite skeptical about crypto art when I first read about...

Dysfunctional Financial Markets Are Making Inequality Worse


Arman Hassanniakalager, Lecturer in Finance, University of Bath. ________ The global market in government bonds has been bleeding red lately. “Bond market screams for help but no one answers”, says Bloomberg. It is “the worst start to a year in bonds since 2015”, according to the Financial Times....

WBTC: Where Bitcoin Meets DeFi


Alexi Lane of Ethereum tokens explorer Ethplorer. ____ As bitcoin (BTC) keeps reaching its new all-time highs, all eyes are on the world’s leading cryptocurrency as it dominated news cycles and attracted newcomers to the digital asset industry. The price action of the heavily followed asset...

Why The Return Of High Inflation Can No Longer Be Excluded


Radu Vranceanu and Marc Guyot are professors of economics at ESSEC Business School. ____ The Covid-19 pandemic has caused worldwide economic devastation. In the EU and the United States, many early emergency measures sought to address the shortcomings and disorganization of health care systems....

Will Joe Biden's Stimulus Plan Cause the US Economy to Overheat?


US President Joe Biden signed the USD 1.9trn coronavirus relief package on March 11. Source: A screenshot, Instagram/potus Laurent Ferrara, Professor of International Economics, SKEMA Business School. _____ American GDP figures published on January 28 show that the country’s economy continued...

NFT: Can Burning A Banksy Make It More Valuable?


The burning of a Banksy. Source: A video screesnhot, Youtube/Burnt Banksy Paul J Ennis, Lecturer/Assistant Professor in Management Information Systems, University College Dublin. ______ A blockchain company has bought a piece of Banksy artwork and burnt it. But instead of destroying the value...

Redefining the Future of Global Finance with DeFi


Eddy Travia is the CEO of Coinsilium, a focused blockchain, DeFi, and crypto finance venture operator. ______ Decentralized, peer-to-peer, and borderless, digital assets and open networks offer a promising alternative to the way money and value has traditionally been transacted — but what is...

Consider These Legal Questions Before Spending Millions on NFTs


Nelson M. Rosario is an attorney at Smolinski Rosario Law, a US-based law firm, specializing in contract and intellectual property law. _______ There are lots of intellectual property (IP) issues that are raised by non-fungible tokens (NFTs). Let's dive in to cover a few. The main IP issues raised...

The Evidence Is in on Negative Interest Rate Policies


Luis Brandao-Marques is a Senior Economist in the Global Financial Stability Analysis Division in the Monetary and Capital Markets Department of the International Monetary Fund (IMF). Gaston Gelos is Assistant Director in the IMF’s Monetary and Capital Markets Department, where he heads...

Financial Institutions Risk To Cut Themselves Off From Innovations


This is a speech by Hester M. Peirce, pro-crypto commissionaire at the US Securities and Exchange Commission (SEC), given at the FinTech Panel at the Institute of International Bankers 2021 Annual Washington Conference this week. _____ Thank you, Briget [Polichene]. Good afternoon and thank you...

3 Reasons Why WallStreetBets Army Is Back For New Gamestop Rally


Larisa Yarovaya, Deputy Head of the Centre for Digital Finance, Lecturer in Finance, University of Southampton. ____ GameStop shares have gone soaring again. The Texan computer games retail chain at the heart of the stock market drama at the end of January surged from USD 44 to a high of around...

Why Bitcoin Likes a Hard-On Environment


Charlie Morris is the founder and Chief Investment Officer of crypto-asset data provider ByteTree Asset Management. ____ I want to re-examine the current macroeconomic environment and how it impacts the Bitcoin (BTC) price. It has been a rough week so far, but one thing I can be sure of is that...

Public and Private Money Can Coexist in the Digital Age


Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund's (IMF) Monetary and Capital Markets Department. Tommaso Mancini-Griffoli is a Deputy Division Chief in the same Department. ___ We value innovation and diversity—including in money. On the same day, we might...

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