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Crypto Litigator Kyle Roche Removed from His Firm’s Class-Action Dept.

Anonymous website Crypto Leaks recently published video footage of Kyle Roche – a known crypto litigator – talking about what a huge stake he has in a company known as Ava Labs, which dabbles in blockchain and distributed ledger technology. Kyle Roche Is Feeling the Heat In the video, he also appears to talk about filing suit against competitors of the company. He also refers to class-action plaintiffs and jurors as “idiots.” This has set up an improper conduct...

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Only the Smartest (and Most Foolish) Investors Own Bitcoin: Bank of Canada

A new report from the Bank of Canada has unearthed some intriguing facts about the state of Bitcoin ownership across the country.  The report found that about 13% of Canadians owned Bitcoin in 2021 – but that investors of average financial literacy are the least likely of all to buy in.  When and Why Do Canadians Buy BTC? As the central bank’s survey showed, Bitcoin ownership figures in 2021 were more than double the 5% ownership present from 2018 to 2020. The increase was...

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Crypto Is Bombing, and It’s Likely the Fed’s Fault

We are in a recession. The United States has experienced two consecutive quarters where the GDP is exceedingly low, and by all definitions, this is exactly what a recession is. There are many people out there that continue to talk about how it’s something that could happen, but nobody is really talking about the fact that it’s already here in many ways, and it’s never been more evident than through the tanking crypto prices that 2022 has witnessed. Crypto Continues to...

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Bitcoin Sharply Rejected at $20K Following Friday’s Wall Street Collapse (Weekend Watch)

Bitcoin tried its hand at taking down $20,000 but was stopped in its tracks once more and has retraced by almost a grand. The altcoins are back in red after yesterday’s massive gains. This all came following the bloody Friday on Wall Street. Bitcoin Stopped at $20K The primary cryptocurrency was quite calm lately, but that all changed when the US announced the latest CPI numbers. BTC stood at $19,000 before it violently dropped to a multi-week low of $18,200. However, that...

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Bitcoin is an Insurance Policy Against Financial Disaster: Bill Miller

Despite the market downturn of 2022, legendary value investor Bill Miller remains bullish on his two favorite investments: Amazon, and Bitcoin. In a recent interview, the former chief of Legg Mason called cryptocurrencies “misunderstood,” and referred to Bitcoin as an “insurance policy against financial disaster.” Remaining Patient Miller voiced his opinion on the market in conversation with Marvin McIntyre – Morgan Stanley’s Private Wealth Management managing director – at...

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Weeks Before Replacing its Top Executives, NYDIG Dismissed 30% of its Workforce (Report)

New York Digital Investment Group (NYDIG) – an investment management firm that offers a wide variety of bitcoin services – reportedly laid off around one-third of its staff in September. Not long ago, it announced the departure of CEO Robert Gutmann and President Yan Zhao. Despite the redundancies, the former leaders remained as key members of NYDIG’s parent company – Stone Ridge Holdings Group. Joining the Dismissal Spree The Wall Street Journal informed that last month...

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Bitcoin Traders Are Trying to Ignore the Fed

It appears bitcoin and crypto traders are doing their best to ignore any upcoming rate hikes set to be instituted by the Fed and that they are working hard to get past all the damage that’s already been done to the industry. The Fed Has Hurt BTC The Federal Reserve (Fed) has been on a roll as of late. That roll has involved hiking rates as a means of fighting inflation, which has been running rampant under failing commander-in-chief Joe Biden. However, it has come to...

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Séminaire socratique #5

Le cinquième BitDev aura lieu le mardi 18 octobre 2022. Cet événement, qui s’inspire des séminaires socratiques Bitcoin qui se tiennent aux quatre coins du monde, est réservé aux experts, aux développeurs et à tous ceux qui ont une connaissance assez avancée du fonctionnement du protocole Bitcoin. Où ? – Au « Cocoon Rovigo » – 7 Rue Treilhard à Paris Quand ? – Mardi 18 octobre 2022 de 18h à...

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Bitcoin’s Rollercoaster Towards $20K, Inflation Numbers, and Google’s Foray into Crypto: This Week’s Recap

The past week saw the total cryptocurrency market lost about $30 billion in the past seven days, where most of the action took place yesterday. This was somewhat expected, given the US Bureau of Labor Statistics published the CPI numbers then. Let’s dive in. Bitcoin spent the majority of the week slowly bleeding out. The cryptocurrency was showing absolutely no signs of strength, which resulted in a painful chop and a decline below $19,000 on a couple of occasions. All this...

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Bitcoin meetup à Paris

Bitcoin meetup organisé par @jessicahodlr au Greffulhe, brasserie parisienne qui accepte le bitcoin via le Lightning Network. Où ? – Au Greffulhe, brasserie située au 29 rue des Mathurins à Paris Quand ? – Samedi 15 octobre 2022 à 19h00 En savoir plus : https://twitter.com/jessicahodlr/status/1576993560691625984 ...

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