Has justice arrived in the Mt. Gox case? Perhaps that’s the scenario as after nearly ten years, two Russian men have been charged with conspiring to steal more than 600,000 bitcoin units. Is the Mt. Gox Case Coming to an End? The federal government has laid charges out against Alexey Bilyuchenko and Aleksandr Verner. They’re accused of conspiring to launder as much as 647,000 BTC funds stolen from the exchange. At the time of the theft, these units would have been...
Read More »Cathie Wood on the Coinbase-SEC Lawsuit and BTC’s Price
Ark Investment Management founder and CEO Cathie Wood – a longtime bitcoin bull – has thrown herself into the Coinbase mess involving the Securities and Exchange Commission (SEC) and is defending the exchange. She also believes bitcoin could jump into $600K territory within the next seven years. Cathie Wood on Where Bitcoin Will Go Wood mentioned she thinks the SEC is going about the situation all wrong. All the agency wants to do is persecute when the rules are...
Read More »Black Swan Author Sees ‘Crypto Fad Starting to Peter out’ as Youngsters Turn to AI
Nassim Nicholas Taleb – the author of the book “The Black Swan” who is among crypto’s biggest critics – launched another bashing manifest against the asset class. He believes the mania surrounding bitcoin and the alternative coins have started fading out because young people have turned their focus toward Artificial Intelligence (AI). The Latest Dose of Criticism In one of his recent tweets, Taleb claimed that the crypto hype is “starting to peter out” due to youngsters’ new...
Read More »Bitcoin : quelle crédibilité ?
Extrait d’une intervention de Yorick de Mombynes à l’Université d’été d’économie politique d’Aix-en-Provence, le 23 juillet 2023. « Bitcoin est un dispositif de stockage et de transfert de valeur sur internet, sans intermédiaire, incensurable, rapide, programmable, peu coûteux et protégeant bien la vie privée. Les unités numériques et comptables circulant sur son réseau sont des « bitcoins »,...
Read More »Bitcoin Fights For $30K While Altcoins Bleed Out (Market Watch)
The cryptocurrency market has been bleeding out slowly throughout the past 24 hours, losing some $9 billion in the process. This comes on the back of losses from altcoins, which have been charting slight declines across the board. Meanwhile, Bitcoin’s price keeps stagnating at the same place it was yesterday. Bitcoin Fights For $30K The Bitcoin price has failed to overcome the $30K level. What is more – it appears that the bears are attempting to take control of the action...
Read More »Grayscale BTC Trust Dominates ARK’s Q2 2023 ETF Rankings, Coinbase Tops in Asset Allocation
Cathie Wood’s ARK Invest revealed some interesting details on its portfolio in the second quarter of 2023. The latest report suggested that Grayscale Bitcoin Trust (GBTC) stood out as one of the top-performing assets within the investment firm’s portfolio. However, when it comes to asset allocation, GBTC trailed behind Coinbase at ARKW. GBTC Tops Chart Grayscale Bitcoin Trust (GBTC) played a crucial role as one of the top five contributors driving ARKW’s impressive growth of...
Read More »Bitcoin Will Reach its ATH of $69,000 This Year: 25% of Americans Believe (Survey)
A recent study conducted by CryptoVantage estimated that 23% of US residents expect bitcoin to climb to its all-time high price of almost $70,000 by the end of 2023. 47% think this would happen in the next five years. The majority of respondents also believe the high inflation that has recently spread across the globe will make the cryptocurrency industry more attractive to investors. Americans’ Latest Thoughts on Crypto The survey, which questioned 1,000 US residents who...
Read More »As Bitcoin Rises, El Salvador’s Sovereign Bonds Soar 60% In 2023
Bonds issued by El Salvador, the first country in the world to establish Bitcoin (BTC) as legal tender, are up 60% in value this year – rivaling Bitcoin’s 80% gains. The sudden demand for the country’s national debt represents a massive sentiment shift around its financial position. Yields for El Salvador’s 10-year debt ran as high as 24% just 12 months ago, in line with distressed economies like Ukraine and Argentina. However, the country successfully repaid $800 million of...
Read More »Künstliche Intelligenz vs. menschliche Dummheit: In diesen Bereichen liefert AI einen klaren Mehrwert
In einer Welt, die von ständigem technologischem Fortschritt und digitaler Transformation geprägt ist, steht die Menschheit oft vor einer entscheidenden Frage: Ist künstliche Intelligenz eine Bedrohung oder ein Segen? Obwohl viele die Bedenken teilen, dass KI möglicherweise die Kontrolle übernehmen und die Menschheit ersetzen könnte, gibt es Bereiche, in denen KI einen klaren Mehrwert bietet, indem sie menschliche Dummheit kompensiert oder reduziert. In diesem Artikel werden wir uns auf diese...
Read More »Reginald Fowler Will Serve Six Years in Prison for Illicit Crypto Behavior
Reginald Fowler – age 64 and a former part owner of the Minnesota Vikings football team – has been sentenced to six years in prison for his role in a crypto-related scam. Reginald Fowler Heads to Jail Fowler is alleged to have defrauded the short-lived professional football organization Alliance of American Football. The scam is said to have lost investors as much as $700 million at the time of writing. Originally from Chandler, Arizona, Fowler was found guilty in...
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