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A Wave of Giants Rushing to Invest in Bitcoin Could Derail the Stock Market


Gavin Brown, Associate Professor in Financial Technology, University of Liverpool. ______ After Tesla announced it has invested USD 1.5bn in bitcoin and expects to start accepting the cryptocurrency as a payment for its electric vehicles in the near future, the bitcoin price went soaring. It went...

Global Debt Landscape Sends a Warning Sign


Xuehui Han is an Economist in the International Monetary Fund (IMF)’s Fiscal Affairs Department. Paulo Medas is Deputy Division Chief in the same department, while Susan Yang is a senior economist in the department. _____ Many countries entered the pandemic with elevated debt levels. Our...

Banning Disruptive Online Groups Is A game of Whac-a-Mole


Andrea Baronchelli, Associate Professor, Department of Mathematics, City, University of London. ______ From Washington DC to Wall Street, 2021 has already seen online groups causing major organised offline disruption. Some of it has been in violation of national laws, some in violation...

Tesla’s Bitcoin Buy Comes As Earlier Large Investors Retreat


Philip Gradwell is Chief Economist at Chainalysis. He provides data and insight on the uses of cryptocurrencies and the direction of the market at markets.chainalysis.com. ______ On 8 February, Tesla disclosed in an SEC filing that it had “invested an aggregate USD 1.50 billion in bitcoin”...

Opinions Divided on Bitcoin ETF in US as Experts Say 2021 Launch Is Possible


Source: iStock/Photographer, Filmmaker, Designer Experts are saying that an American bitcoin (BTC) exchange-traded fund (ETF) could become “a real thing” in 2021 – but a debate has sparked on social media, with some warning products of this sort may still be some way off. In a Bloomberg article...

WallStreetBets Is Disrupting Financial Markets — Possibly Permanently


Pierre-Yann Dolbec, Assistant professor in marketing and Research Chair in Complexity and Markets, Concordia University. __ If the financial world follows the pattern seen a decade or so ago in other markets, such as fashion and music, Reddit’s WallStreetBets (r/wallstreetbets) phenomenon might...

GameStop: I'm A WallStreetBets 'Degenerate' & It's Just Getting Started


Mohammad Rajjaque, Program Director, Accounting and Financial Management Division, University of Sheffield. ____ I joined the WallStreetBets forum on Reddit almost two years ago. But I was far from the image of the typical “bored, young Reddit trader” that has been portrayed in the media lately....

GameStop and Dogecoin Show How Memes Can Move Markets


Source: Twitter/@elonmusk Jason Potts, Professor of Economics, RMIT University, Chris Berg, Senior Research Fellow and Co-Director, RMIT Blockchain Innovation Hub, RMIT University. ______ One of the most difficult problems in finance right now is figuring out the fundamental economic value...

A Reddit Army Blurs The Line Between Crypto and Traditional Finance


Philip Gradwell is Chief Economist at Chainalysis. He provides data and insight on the uses of cryptocurrencies and the direction of the market at markets.chainalysis.com. ______ What does the phenomenon of retail traders coordinating on the internet to turn finance on its head have to do with...

Global Uncertainty Drops But Is Still 50% Above Historical Average


Hites Ahir is a senior research officer in the International Monetary Fund (IMF)’s Research Department. Nicholas (Nick) Bloom is a Professor of Economics at Stanford University, and a Co-Director of the Productivity, Innovation and Entrepreneurship program at the National Bureau of Economic...

Financial Professions Must Pivot to Stave Off Technological Extinction


Erica Pimentel, PhD Candidate in Accounting, Concordia Public Scholar, Concordia University. ___ Blockchain technology threatens to upend the financial sector. While this presents an opportunity to reduce costs for businesses and consumers alike, it may also make some professions, like accounting...

2021 Could Be Like 2017 — When Bitcoin Blasted Up More Than 21-Fold


Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings. Dr. Bruce Ng is an educator in the field of Distributed Ledger Technology...

Davos 2021 & A ‘Great Reset’: We Can't Count On the Same Old Globalists


WEF founder Klaus Schwab addressing the press conference ahead of Davos 2021. ___ Jonathan Michie, Professor of Innovation & Knowledge Exchange, University of Oxford. ____ The 51st World Economic Forum starts on January 25, but with a major difference. Whereas this is famously the annual...

It’s Beginning to Look a Lot Like Altcoin Season


Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings. Dr. Bruce Ng is an educator in the field of Distributed Ledger Technology...

Legally Speaking, is Digital Money Really Money?


Catalina Margulis is a consulting counsel in the International Monetary Fund (IMF) Legal Department’s Financial and Fiscal Law unit, seconded from the Central Bank of Chile. Arthur Rossi is a Research Officer in the IMF Legal Department’s Financial and Fiscal Law unit. ___ Countries are moving fast...

Is Bitcoin’s bull run over?


Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings. Dr. Bruce Ng is an educator in the field of Distributed Ledger Technology...

What to do When Low-for-Long Interest Rates are Lower and for Longer


Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund's (IMF) Monetary and Capital Markets Department. ____ Central banks have played a pivotal role in easing financial conditions in response to the COVID-19 shock, and helped avert a catastrophic downturn....

2021 Hashed Blockchain & Crypto Market Predictions


Simon Seojoon Kim is the CEO and Managing Partner at South Korea-based blockchain accelerator Hashed. ____ I. Bitcoin A solid and continuous Bitcoin (BTC) bull run is expected in 2021. Since the inception of Bitcoin, the amount of BTC owned by the exchanges has steadily increased. However, starting...

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