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Nick Marinoff



Articles by Nick Marinoff

Cameron Winklevoss: A Big Crypto Bull Run Is Coming

18 hours ago

Bitcoin, Ethereum, and many other leading digital currencies are coming to form after the horrors of 2022. They are experiencing solid bull runs, and Cameron Winklevoss – one half of the Winklevoss Twins – is claiming that a big bull run is heading our way, and that the U.S. needs to begin embracing crypto as a whole or risk being left behind forever.
Cameron Winklevoss Thinks Big Things Will Happen for Crypto
2022 was easily the worst year on record for bitcoin and its crypto cousins. The world’s number one digital currency by market cap rose through the ranks at the end of 2021 to hit a new all-time high, and one unit of BTC was – at one stage – trading for just under $69,000.
However, by the end of the following year, bitcoin had fallen to the mid-$16K range, thus

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Could a Strengthening Economy Hurt Bitcoin?

20 hours ago

Bitcoin has had a great year thus far, but there are some that say with the economy getting stronger, the present rally it’s enjoying won’t last.
Bitcoin May Not See Its Present Rally Last
Among the analysts who feel positive towards bitcoin is OANDA’s Craig Erlam, who stated:
It has been a phenomenal start to 2023 for bitcoin.
2022 was easily the worst year on record for the world’s number one digital currency by market cap. After reaching a new all-time high of about $68,000 per unit in November of 2021, the asset lost more than 70 percent of its value over the next 12 or 13 months and by the time 2022 was over, the asset had dropped to the mid-$16K range. It was a sad sight to see.
However, things didn’t quite stop there as many of bitcoin’s crypto cousins chose to

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Tim Berners-Lee: BTC Is Too Speculative

22 hours ago

No matter how well bitcoin seems to do, the fact remains that it’s never going to please everyone, and occasionally, some new celebrity comes out to bash the world’s number one digital currency by market cap and act like it’s useless or worthless. Recently, the latest celeb to pop out and criticize bitcoin was Sir Tim Berners-Lee, the inventor of the World Wide Web.
Tim Berners-Lee Isn’t a Bitcoin Fan
It’s interesting that of all people, Berners-Lee has issues with bitcoin. The digital currency can be classified, after all, as “internet money.” He invented the internet, and given bitcoin is somewhat based on the same type of technology, one might think Berners-Lee would be fascinated by BTC and think it has as much potential as his own creation.
For some reason, this

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Zambia Is Looking Into Potential Crypto Regulation

2 days ago

The Bank of Zambia has announced it’s considering adopting digital currency legislation so that it can test the technology behind crypto to see about its viability as a payment method.
Zambia Sees Crypto in a Whole New Light
Felix Mutati – the technology and science minister in Zambia – stated in a recent interview:
The testing of the technology on regulating cryptocurrency will be upscaled in due course as part of deliberate measures to achieve an inclusive digital economy for Zambia. Through digital payment platforms, people will become much more included in digital financial services. Hence, cryptocurrency will be a driver for financial inclusion and a changemaker for Zambia’s economy.
The news is good for several reasons, a big one being that several African

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Why Bitcoin Is Once Again Considered a “Safe Haven”

2 days ago

Bitcoin – the world’s number one cryptocurrency by market cap – has had a couple of solid months. So solid, in fact, that it looks like many people are once again viewing the digital currency as a “safe haven,” something that clearly wasn’t occurring in 2022.
Bitcoin Is a “Safe Haven” Once Again
Last year was arguably the worst period on record for bitcoin and crypto. The digital asset wound up losing more than 70 percent of its overall value after hitting a new all-time high of about $68,000 per unit in November of 2021. By the end of 2022, the currency was trading in the mid-$16K range.
This wasn’t the only problem crypto investors had to contend with. Several other assets made the decision to follow in BTC’s footsteps. This caused the crypto space to lose more than

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Canada Is Doing All It Can to Prevent Another FTX

2 days ago

Canada is cracking down on crypto trading and tightening its rules due to the FTX financial collapse. The country is allegedly trying to do all it can to protect investors and ensure nothing like the exchange’s debacle can affect people within its borders.
Canada Is Fighting Potential Crypto Loopholes
The Ontario Securities Commission and securities regulators in Canada are keeping their eyes open and watching any unregulated digital currency exchanges within the country. Those that do not fall within the bounds of specific financial rules are required to provide financial agencies in Canada with plans to adhere to certain regulations granted they wish to continue serving their customers. They have approximately 30 days to submit these plans.
Among the rules presently

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Report: The Damage Caused By FTX Was Worse Than Initially Thought

3 days ago

No doubt the FTX debacle and the arrest of its founder and chief executive Sam Bankman-Fried will go down as some of the biggest problems to ever strike the crypto space, but according to a new report, it appears the damage caused by FTX and its irresponsible (and selfish) employees may have been even greater than what analysts initially thought.
The Trouble Surrounding FTX Might Have Done More Damage
The document in question suggests that as much as $200 billion was wiped off the crypto slate due to the issues surrounding FTX. In addition, losses weren’t felt equally by investors, and those involved in the platform experienced varying levels of pain and financial destruction.
The report shows retail investors as being hit the hardest. This data stems from the Bank

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Classic Parade Introduces New Crypto Payment System

3 days ago

Last year, a company called Classic Parade announced it was going to let crypto fans rent their classic cars using crypto. Now, the company is taking things a step further by introducing a brand new digital currency payment system.
Classic Parade Continues Its Crypto Journey
Based in the United Kingdom, Classic Parade offers a wide array of classic and luxury vehicles individuals can rent. Andrew Brown – the founder and owner of Classic Parade – explained in a recent interview:
Our clientele are international and want to be able to pay to rent our supercars without the hassle and cost of exchange rates and transfer fees. Many of our clientele have significant holdings in cryptocurrency, and so it makes sense to offer this option for them. The transactions are

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NFM Coin Is All About Keeping the Planet Clean

3 days ago

NFM Coin is the latest digital currency to emerge that’s all about recycling and keeping the planet safe and clean for future generations.
NFM Coin Is Focused on Recycling and Energy Conservation
The currency works to recycle products that are processed in the metals industry while minimizing carbon dioxide emissions. Through recycling, the coin seeks to bring certain products and materials back to life for use in future items.
Necat Celik – a spokesperson for NFM Coin – explained in a recent interview:
Support the projects will carry out to avoid and reduce the impact of CO2 emissions, one of the most important problems facing world. With your support, it guarantees that NFM Coin will be used to implement new investments in recycling. All the activities are audited

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Dennis Corey Loses $200K to Crypto Fraud

4 days ago

The Federal Bureau of Investigation (FBI) has released a new report suggesting that more than $13 million was stolen from residents of the state of Oregon during the first ten months of 2022. For individuals like Dennis Corey, who lost hundreds of thousands of dollars to crypto fraud, the situation couldn’t be any worse.
Dennis Corey Has Lost a Lot of Money
Based in the city of Portland, Corey explained in a recent interview that he parted with $200,000 worth of funds and plunked them into a phony crypto exchange. He didn’t realize the platform was under the control of cyberthieves and didn’t understand he was being scammed until he had lost a lot. He stated:
I’m trying to figure out how I’m going to get out of it; how I’m going to get my bills paid off.
He’s hoping

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Joseph Taschetta Uncovers Massive Crypto Fraud Ring, Gets Rewarded for His Work

4 days ago

Joseph Taschetta has recently been dubbed the 2022 officer of the year in the Pensacola police department after discovering an international cryptocurrency fraud ring.
Joseph Taschetta Hailed as Officer of the Year
Taschetta garnered the award after someone from India called an elderly woman in the region of Pensacola and convinced her to transfer all her money into a fake bitcoin outlet. The idea was that the woman had an outstanding warrant against her and paying the money would make it go away. Discussing the case, Taschetta said:
It started with a mere $10,000, which wiped her out completely. We can trace a lot of this stuff back. I was able to trace it and found this money was moving to (crypto) exchanges and started my freeze orders.
Initially, the issue

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Maria Carola Has Established a New Defi Exchange Called Stealth EX

4 days ago

Maria Carola is the CEO of crypto exchange Stealth EX, a non-custodial platform built for limitless swaps.
Maria Carola and the Building of Stealth EX
In a recent interview, Carola sat down and discussed how Stealth EX came to be and what it’s looking to accomplish. Discussing her background in crypto, Carola stated:
My name is Maria Carola, and I’m the chief executive officer of Stealth EX. I’ve been working full-time in crypto for about seven years now, doing marketing and management for various projects. All these projects are non-custodial, and I fully support the whole idea of self-custody and full-fund ownership myself.
She talked about what it was that inspired her to get involved in building a crypto exchange, saying:
Stealth EX is an instant, non-custodial

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New Ordinals NFTs Are Bringing the Space Back from Disaster

5 days ago

Are non-fungible tokens (NFTs) making a comeback? According to the recent progress of the Ordinals series, the answer might be a resounding “yes.”
Ordinals Are Making Their Marks
NFTs are still relatively new to the crypto space. As pixelated art tokens, they’ve often been sold for hundreds of thousands of dollars, and by the end of 2020, the space had an overall valuation that stood in the billions. Things looked great for the NFT arena, and many investors thought there was no chance of the industry ever falling through the cracks.
However, in 2022, the crypto space was subjected to several bearish trends that ultimately saw many of the world’s leading assets dip into ugly spaces. Bitcoin, for example, lost more than 70 percent of its value after hitting a new

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The SEC Case Against Crypto Exec Do Kwon Just Got a Lot Hairier

5 days ago

The Securities and Exchange Commission (SEC) has been targeting several digital currency companies and individuals over the past few weeks. In the past, the agency made a case against Do Kwon, the former CEO of Terraform Labs, and now, it looks like that case has gotten even bigger.
The SEC Continues Its Case Against Do Kwon
Terraform Labs was the company behind the failed LUNA token, an alleged algorithmic stable currency. The situation surrounding Luna got really hairy last summer when it crashed and burned, and its price fell to nothing overnight. Things like this aren’t supposed to happen with stable currencies, and from one day to the next, asset holders saw their wealth fall into a big, black void of emptiness. Billions were gone in mere minutes.
The SEC claims

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Norway Takes Back Stolen Crypto from North Korea

5 days ago

The European nation of Norway has seized close to $6 million in crypto funds from Lazarus, a digital currency hacking group stationed in the Asian country of North Korea.
Norway Is Garnering a Few Accolades
This is allegedly a new record set by any region. Norway has taken back around $5.8 million in digital funds at press time. The money stems from an early 2022 hack initiated by Lazarus on the crypto gaming platform Axie Infinity. At the time, more than $625 million in digital asset monies were stolen from the company.
It is alleged that North Korea has long been stealing digital currency to fund its ever-growing nuclear program. The country has denied any allegations that it has been involved in crypto theft.
In any case, when one compares $5.8 million to $625

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Peter Schiff Thinks BTC Will Eventually Be Worth Nothing

6 days ago

Economist Peter Schiff is confident that the price of bitcoin could eventually fall to $0. He also stated in a recent interview that the process won’t happen right away. Rather, he thinks it could be long and drawn out.
We Can Always Rely on Peter Schiff for Negative Sentiment
This is certainly a big step away from the more bullish analyses we’ve been receiving over the past few months. Earlier today, we published an article talking about William Noble, who famously predicted that bitcoin would endure a bull run in 2020 and 2021 that would ultimately see it rise from the low $20K range to the $40K range… He was right.
In his latest prediction, Noble is confident that bitcoin could reach $56,000 in the next few months, a major step up from where the asset is currently.

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Paul Pierce Settles with SEC Over Ethereum Max Promotions

6 days ago

The Securities and Exchange Commission (SEC) has been on a roll over the past few weeks to take down any crypto company or individual it thinks might be going against its agenda, and it’s now added one more victim to its roster.
The SEC Targets Paul Pierce
This time, the figure targeted by the SEC is former Celtics player and NBA hall of famer Paul Pierce. The basketball player took part in a promotion of a new digital currency called Ethereum Max. By issuing public statements about the asset, the SEC alleges that Pierce violated present securities laws. He will now be forced to part with a $1.4 million fee as part of a settlement with the agency.
While discussing the currency wasn’t so much the problem, the SEC says that Paul failed to disclose to investors that he’d

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William Noble: BTC Will Soon Reach $56K

6 days ago

2023 has led to several opposing thoughts when it comes to bitcoin, the world’s number one digital currency by market capitalization.
Bitcoin Could Have a Very Good Year
For some, the asset could go as high as $250,000. Tim Draper would attest to this, while others – such as Mike Novogratz – think the asset will be in good shape if it just ends the year at $30K. In any case, there are many resounding differences in what industry heads believe could come about over the next nine months.
However, tech analyst William Noble is stating that should present trends continue, bitcoin will have no problem reaching a price of about $56,000 per unit in the coming months. He stated in an interview:
Bitcoin is breaking out from a long basing formation. There is a saying [that] the

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Chainalysis: Most New Tokens in 2022 Were Fake

7 days ago

Crypto fraud has always been a problem, but a new report issued by blockchain analysis firm Chainalysis shows just what a big issue it’s become. According to the document, nearly 25 percent of the digital tokens introduced in 2022 were scams designed to make off with investor funds.
Chainalysis: Most Tokens in 2022 Were Phony
Several of the tokens analyzed in the Chainalysis report showed signs of being pump-and-dump schemes. This involves the developers or executives of a crypto asset talking it up and getting investors interested. From there, they plunk their money into the token after being subjected to fear of missing out (FOMO). Eventually, so many investors get involved that the price of the token in question rises to a top-of-the-line level.
This is where

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Logan Paul Sued Over Alleged NFT Fraud

7 days ago

Logan Paul, a YouTube influencer, is among five people getting sued at the time of writing for allegedly instigating a crypto and NFT fraud scheme.
Logan Paul Is the Subject of a Crypto Lawsuit
The lawsuit – filed by Houston based attorney firms Tom & Associates and Ellzey & Associates – represents Don Holland, a Round Rock police officer that allegedly fell victim to the scam (known as Crypto Zoo).
Holland claims in court documents that Crypto Zoo was a rug pull. The platform allowed customers to purchase in-game non-fungible tokens (NFTs) that they could then use to garner items in an interactive game. Holland states that many of the individuals involved in establishing the game quietly made their own in-game purchases, then sold the NFTs for profit without telling

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Charlie Munger Is Still One of BTC’s Biggest Haters

7 days ago

Charlie Munger – the righthand man of Warren Buffett (CEO of real estate giant Berkshire Hathaway) – has never been a bitcoin fan, and after his latest interview, it’s likely he never will be.
Charlie Munger Makes His Hate of Crypto Clear
During a recent discussion, Munger said of bitcoin and crypto:
Sometimes I call it crypto-crappo and sometimes I call it, well, crypto sh*t.
At 99 years of age, Munger has been around for some time. He’s probably gotten used to the way money worked 40, 30, or even 20 years ago. Bitcoin and the technology behind it are probably way beyond anything his mind could muster, and one can’t help but assume that age has something to do with his over-the-top hate for the world’s number one digital currency.
What gets rough is that Munger

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El Salvador and Texas Are Creating a Bitcoin Embassy

8 days ago

The bitcoin-loving nation of El Salvador has announced a new partnership with the state of Texas. Together, the two regions are planning to open what they’re calling a “bitcoin embassy” as a means of promoting use and increasing adoption.
El Salvador Forms BTC Partnership with Texas
El Salvador shocked the world in late 2021 when it announced plans to make BTC legal tender. It was the first country to do so. This meant people could go into any shop or business and purchase goods and services with bitcoin they way they would with USD, the fiat currency that El Salvador had long been dependent on.
The move was met with skepticism from some entities including the World Bank. The enterprise announced that it would not provide any aid with El Salvador’s bitcoin agenda,

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Bitcoin Hit $25K in February, Giving Traders Even More Hope

8 days ago

Bitcoin – the world’s number one digital currency by market cap – rose to $25,000 per unit in mid-February, thus giving traders newfound hope that the crypto market can indeed recover from its 2022 lows.
Bitcoin Just Keeps Jumping
2022 was the worst year on record for the digital currency space. At the end of November in 2021, the price of bitcoin had risen to $68,000 per unit, the highest it’s ever been. Everyone was confident the space was going to reach all kinds of pinnacles the following year. They believed crypto was at the top of the financial ladder and that nothing could bring it down. Boy, were they wrong!
2022 got off to a rocky start when in January of that year, the price of BTC fell by roughly $20K, and bitcoin was trading in the mid to high $40,000

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Mike Novogratz Will Be Happy If BTC Reaches $30K at the End of the Year

8 days ago

Mike Novogratz – a bitcoin bull and billionaire behind the hedge fund Galaxy Digital – is confident about BTC’s sudden price increases. He believes the currency could hit $30K in the coming weeks, and he’d be extremely “happy” if the asset stayed at that price through the end of the year.
Mike Novogratz Doesn’t Think 2023 Will Be a Year of Huge Gains
At first glance, this doesn’t sound like the opinion of a true bull. One who falls into this category would likely think bitcoin has every shot at reaching $200K or more. This is the sentiment of people like Tim Draper, a venture capitalist and mega fan of the growing digital currency arena. At the same time, one could argue that Draper and those like him have one foot rooted in fantasyland given they’re stating this

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Senator Tuberville Reintroduces Retirement Crypto Investment Bill

9 days ago

Senator Tommy Tuberville – a republican from the state of Alabama – is reintroducing a bill that would prevent the Department of Labor from getting in the way if retirees want to use their funds to purchase crypto or other forms of speculative assets.
Tommy Tuberville Seeks to Protect Crypto Retirement Investments
The move is being initiated not so much because Tuberville is a major crypto fan, but because he’s sick and tired of Biden and his nation-hating cronies working their tails off to regulate the funds of everyday Americans and for trying to control what they do. He says that for too long, Biden and his administration have attempted to bring down the hammer on standard American financial practices, and he’s tired of the government getting in the way. Tuberville

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Jake Chervinsky: The SEC Doesn’t Have Full Authority Over Crypto

9 days ago

In recent days, there has been a lot of fear centering around the Securities and Exchange Commission (SEC). The agency is clearly motivated to try and bring crypto down for good, though according to Jake Chervinsky – the chief policy officer of the Blockchain Association – traders and investors shouldn’t worry too much as at the end of the day, it’s not the SEC that makes general rules and regulations regarding crypto, but Congress.
The SEC Doesn’t Have That Much Power
The SEC has been targeting several digital currency companies as of late. Not long ago, it was announced that popular digital currency exchange Kraken in Northern California had settled a case with the financial agency and forfeited nearly $30 million in penalty fees. Also, as part of the settlement,

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Latest Elon Musk Tweet Causes Dogecoin to Surge

9 days ago

The price of Dogecoin has gone up again in recent weeks thanks to newfound assistance from Elon Musk, the South African billionaire and CEO of companies like Tesla, SpaceX, and now Twitter.
Elon Musk Helps Dogecoin Rise Again
In a recent social media post, Musk published a picture of his little dog Floki of the Shiba Inu breed (a Shiba Inu has long been the Doge mascot). The words accompanying the picture were rather sarcastic and likely weren’t meant to be taken seriously, though they appear to have sent the price of Dogecoin through the roof, and they’ve arguably given hope to people that the asset could once again flourish and make its way into the accepted payment methods of Twitter.
The message reads as follows:
The new CEO of Twitter is amazing. He is perfect. I

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Recent Senate Hearing Shows Mixed Feelings Towards Crypto

10 days ago

A recent Senate hearing on crypto shows just how divided the congressional floor is on the world of digital assets. Some really think it has a lot to offer, while others just want to tear it down and keep investors locked up in a world of fear and tension.
The Senate Is Split on Crypto
Sherrod Brown – a democrat from Ohio and the head of the Senate Banking, Housing, and Urban Affairs Committee – opened the discussion up with the following statement:
What a difference a year makes. The cryptocurrency industry spent a whopping $54 million on eight ads promising Americans untold riches and a chance to make history. Of course, they didn’t tell us about the high fees, the risk of loss, the outright theft that plagued the crypto industry, but if you watched the Super Bowl

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Crypto Exchange Digital Surge Saves Itself from Liquidation

10 days ago

Digital Surge – a crypto exchange in Australia – is getting a big pat on the back today after avoiding liquidation and enforcing a last-minute plan to keep itself open. Stakeholders of the company signed a recovery plan in mid-February which allowed the company to remain online. The exchange endured a short period of non-trading, though services resumed just a week after the deal went through.
Digital Surge Is Its Own Superman
Things were coming up on the final seconds given the deal was put into effect 24 hours before Digital Surge was set to go into liquidation. This means the company was just one day shy of ending all services and ridding itself of all assets via sales and other methods.
Documents noting the recovery were later submitted to the Australian

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Elizabeth Warren Seeks to Establish New Congressional Crypto Committee

10 days ago

Elizabeth Warren – the “democrap” senator of Massachusetts – is, once again, sounding the alarm on the digital currency arena. She is allegedly concerned about the fall of FTX and the mishandling of funds by Sam Bankman-Fried, and believes that the space exhibits vulnerability like it never has before.
Elizabeth Warren Is Again Going After Crypto
Because of this, she is working to allegedly create a new bipartisan committee that will look at the problems surrounding the digital currency space. The committee will also be devoted to investor protection. Some of the other members of the organization will be GOP lawmakers like Roger Marshall, a senator from the state of Kansas who is also co-sponsoring the committee. He stated in a recent interview:
I want to emphasize

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