Nassim Nicholas Taleb – the author of “Back Swan” and one of the world’s biggest crypto skeptics – commented on social media that the volume chart for BTC, the world’s number one digital currency, has been in a downward spiral since late 2020. Nicholas Taleb on How BTC is Easy to Manipulate In other words, while the price has shown signs of recovery, the volume of BTC hasn’t, which could make the currency easier to manipulate and lead to other problems. Taleb...
Read More »Will Binance Exit Europe? Analysts Weigh In
Binance – the world’s largest and most popular digital currency exchange – may not remain in Europe, according to various analysts. What Will Happen with Binance in Europe? Right now, Binance is being hit from both sides. In the U.S., for example, regulations are coming down hard. The company is the victim of a lawsuit filed against it by the Securities and Exchange Commission (SEC), and it has stated that it may shut down its America-based unit as a means of...
Read More »How Ethereum Can Appeal to Institutional Investors: Fidelity
Ethereum (ETH) may now present advantages to institutional investors over Bitcoin (BTC), according to Fidelity’s Director of Research, Chris Kuiper. During an interview with the Bankless podcast on Wednesday, Kuiper argued that legacy finance is “getting past the Bitcoin point” in terms of its understanding of crypto at large, opening its minds to other digital assets. Institutions Moving Beyond Bitcoin According to Kuiper, one of the key factors boosting Ethereum’s...
Read More »BTC Company Azteco Garners $6 Million in New Funds
Bitcoin provider Azteco recently garnered as much as $6 million through a new funding round led by Jack Dorsey, the man behind both Block and (formerly) Twitter. The money will go towards introducing bitcoin gift cards to ensure everyone has crypto’s spending power at their fingers. Azteco Gets a Lot of Money In an interview, Dorsey said: My contribution to Azteco comes out of a deep respect for their mission. The unbanked population is immense. We have the...
Read More »We Asked ChatGPT When Will the Next Ripple (XRP) Bull Run Start?
Ripple’s XRP is undoubtedly one of the most popular cryptocurrencies, with a strong community of devoted supporters and millions of holders. The coin is one of the veterans in the industry and has consistently been a part of the top 10 largest cryptocurrencies by means of total market cap for many years now. However, in December 2020, the United States Securities and Exchange Commission filed a lawsuit against Ripple, alleging that XRP is a security and, therefore, claiming...
Read More »Effects of HTX’s $8M Hack on Centralized Crypto Exchanges: Experts Weigh In
Earlier this week, cryptocurrency exchange HTX, formerly Huobi, lost roughly 5,000 ether (ETH) worth $7.9 million to a hacker. The attacker had compromised the exchange’s hot wallet and siphoned the assets in one swipe. While Tron founder and HTX advisor Justin Sun assured users that their assets were safe and the exchange would cover the losses, the crypto trading platform left an on-chain message for the hacker, giving them seven days to accept a 5% white hat bounty and...
Read More »Ripple v. SEC: Pro-XRP Lawyer Says This is the Regulator’s Dumbest Argument
John E. Deaton – a US attorney representing thousands of Ripple investors in the lawsuit against the US Securities and Exchange Commission (SEC) – does not see how the regulator will prevail. He described the agency’s claim that it wants faster adjudication than the blockchain enterprise as the “dumbest argument” he had heard. In his view, the SEC’s only option is to prolong its inevitable loss by appealing the court’s decision whenever possible. The SEC’s Desperate Tactics...
Read More »Bitcoin (BTC) Wobbly at $27K, Chainlink (LINK) Charts 2-Month Peak Above $8: Weekend Watch
After tapping a 10-day high yesterday, bitcoin has lost some momentum but still trades around $27,000. Most altcoins are also with minor losses today, aside from LINK, which has pumped once again and now sits above $8. BTC Uncertain $27K Last weekend was highly uneventful for the primary cryptocurrency, which had recovered some of the Thursday losses and stood mostly at $26,600. Monday was different, though, as the asset fell hard and dipped below $26,000. Nevertheless, the...
Read More »WISE vs. Bitcoin
TransferWise Kreditkarte: Transferwise ist 10 mal günstiger als herkömmliche Banken. WISE (ehemals Transferwise), hat einige Vorteile gegenüber Bitcoin-Transaktionen, die einfach mal erwähnt werden müssen. Da WISE-Überweisungen über eine zentrale Stelle laufen, sind diese auch geschützt. Dies heisst, falls ein Betrug stattfindet, kann WISE allenfalls die Transaktion rückgängig machen und das Geld zurück überweiesen. Bitcoin-Transaktionen hingegen...
Read More »Europa: Dieses Land hat die höchste Inflation
Measuring inflation – the Harmonised Index of Consumer Prices (HICP) In einer Marktwirtschaft können sich die Preise von Waren und Dienstleistungen jederzeit ändern. Einen generellen Anstieg der Preise bezeichnet man als Inflation. Es ist wichtig, die Inflation zuverlässig zu messen und für Preisstabilität zu sorgen. Denn wenn die Menschen und Unternehmen darauf vertrauen, dass die künftige Inflationsrate vorhersehbar ist, können sie langfristige...
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