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Economist Harry Dent Expects Biggest Crash in Our Lifetime to Hit Between Now and Mid-June
11.4.2023
Harry Dent, economist and author of several best-selling books, has warned that the biggest crash in our lifetime is “going to hit between now and about mid-June.” He stressed: “People are going to know this is not a big correction — it is a major crash, one that...
JPMorgan CEO Jamie Dimon Says Banking Crisis Not Over — Warns of ‘Repercussions for Years to Come’
11.4.2023
JPMorgan Chase CEO Jamie Dimon says the U.S. banking crisis is not over and “there will be repercussions from it for years to come.” The executive added that recent bank failures “have significantly changed the market’s expectations,” and the odds of a recession have...
Bitcoin in circulation: Over 50% not moved in 2 years, Glassnode says
10.4.2023
Some believe that investors who bought during Bitcoin’s all-time high price are waiting for the right time to sell
Lawyer lays out his reasoning on why XRP is not a security
10.4.2023
Lawyer Jeremy Hogan believes the U.S. SEC has failed to legally demonstrate that XRP is a security and has explained how
‘Not Related to a Digital Currency’ — US Central Bank Addresses Concerns Over Fednow Payment Network
9.4.2023
The U.S. Central Bank has issued an update regarding the Federal Reserve’s Fednow project, which is scheduled to commence in July. The Fed has responded to recent criticism of the Fednow service and asserts that the Fednow payment network is “neither a form of currency nor a step toward...
Chatgpt Pretty Intelligent, Did Not Recommend Bitcoin, Peter Schiff Tweets
8.4.2023
Economist Peter Schiff praised the artificial intelligence of the Chatgpt assistant for omitting bitcoin in a suggested “recession-proof” portfolio. The long-time gold proponent commented on a report claiming the chatbot has recommended “massive allocations” in precious metals. Schiff Cites Study...
ECB Board Member Warns EU’s New Crypto Rules Not Sufficient
8.4.2023
A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safeguards to prevent incidents similar to the...
Robert Kennedy Jr: Government Could Ban, Seize Bitcoin — CBDCs Could Lead to Financial Slavery, Political Tyranny
8.4.2023
Presidential hopeful Robert F. Kennedy Jr. has issued a warning regarding the Federal Reserve’s new Fednow system and the potential risks of central bank digital currencies leading to financial slavery and political tyranny. He additionally warned: “We should not be blind to the obvious danger that...
Do Kwon's Millions Are Not in South Korea, Prosecutors Say: Report
7.4.2023
South Korea requested the extradition of the Terraform Labs CEO after his recent arrest in Montenegro
Study claims 99.5% of crypto investors did not pay taxes in 2022
7.4.2023
Finland and Australia had the highest proportion of tax-paying crypto investors, while the United States ranked 10th on the list, according to the study
Sony Lashes Out At Government For Not Shutting Down Microsoft Activision Deal
6.4.2023
While not set in stone, the UK’s Competition and Markets Authority (CMA) now appears likely to approve Microsoft’s $69 billion purchase of Activision Blizzard, and Sony seems pissed. In its latest regulatory filing it blasted UK regulators over their “surprising, unprecedented, and irrational”...
Central Bank of Sri Lanka Warns of ‘Significant Risks’ in Using and Investing in Crypto
6.4.2023
Sri Lanka’s central bank has issued a warning about “the significant risks associated with using and investing in cryptocurrency.” The central bank reminded the public that “cryptocurrencies are unregulated investment instruments which are not recognized as an asset class...
Please, MTV, Do Not Honor The Last Of Us' Gross Zombie Kiss
6.4.2023
Every year, the MTV Movie Awards roll around and nominate a bunch of films and TV shows in some normal categories (Best Movie, Best Performance) and some not normal categories (Best Villain, “Best Duo”). It’s not a huge deal, the show is little more than an excuse to sell some ads, but one of this...
Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’
6.4.2023
Roughly 26 days ago and in the following days, the U.S. witnessed two significant bank failures when Silicon Valley Bank and Signature Bank collapsed. After speaking at an event on Monday at Yale University, Janet Yellen, the current U.S. Treasury secretary, told reporters that she was closely...
Sony's Next Gaming Handheld May Not Be The Vita 2 Fans Want
5.4.2023
A decade after the early demise of the PlayStation Vita, handheld gaming is more vibrant than ever, leading many people to wonder whether Sony will one day try to get back into the portable gaming market. Based on a new report by Insider Gaming, the answer is both yes and no. Sony is seemingly...
Is the age of crypto millionaires over? – Avorak AI and Algorand say, “not yet”
5.4.2023
It’s almost a decade and a half since the emergence of cryptocurrencies, and many events have come and passed during this period. This era has created a new class of wealthy individuals known as crypto millionaires who made substantial profits by investing in Bitcoin and others. However,...
‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO
5.4.2023
Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber, the defi ecosystem will succeed in getting more...
P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return
4.4.2023
According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key staff departures, but he also noted that he could...
US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States
4.4.2023
After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing production is not advisable. According to a recent...
Fed liquidity injections drive down US Treasury yields, but not Bitcoin price
4.4.2023
Regulatory uncertainty and the recent enforcement actions taken against major crypto exchanges reduces the odds of Bitcoin breaking above $30,000 in the short-term, but investors are still bullish