The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
As ‘The Big Short Squeeze’ Continues, the Case…
For Robinhood, the stock brokerage platform on which many WallStreetBets users began recently buying GameStop (NYSE:GME) stock, the events of the past week have been nothing but trouble. If you haven’t been following along, here’s…
Demand for Crypto Soars: Bitcoin Funds Break Records,…
Investors are increasingly seeking exposure to bitcoin following the recent months-long price rally. Bitcoin exchange-traded products are seeing record trading volumes. Meanwhile, more big banks are reportedly trying to get into the crypto space, including…
Crypto Long & Short: No, Bitcoin Is Not…
To think that such a festive concept, one that evokes both sophistication and childlike wonder, could become so financially charged … Last week, Bank of America Securities chief investment strategist Michael Hartnett said in a…
Pakistan to Set up Two State-Owned Bitcoin Mining…
The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of…
FT reveals Bitcoin headline on 12th anniversary of…
Bitcoin (BTC) received a fitting yet accidental birthday present on Jan. 4 as the Financial Times made it front-page news on the 12 anniversary of its genesis block. Released on Monday, the FT's upcoming headline…
$200 Billion in Fines: Mega Banks Rack up…
Top U.S. banks have racked up almost $200 billion in fines and penalties over the past 20 years from illegal activities in 395 major legal cases. Bank of America tops the list, followed by JPMorgan,…
Crypto Long & Short: Bitcoin’s Relationship With Gold…
Earlier this week, JPMorgan published a global markets strategy note that points out that money has flowed out of gold and into bitcoin since October, and predicts that this trend will continue over the medium…
Morgan Stanley Strategist: Bitcoin Rising to Replace US…
Morgan Stanley’s global strategist has made a case that bitcoin is making progress towards replacing the U.S. dollar as the world’s reserve currency. “Do not assume that your traditional currencies are the only stores of…
Will Facebook’s Libra Launch in January? Experts Weigh…
Facebook’s Libra project has had a tumultuous life cycle so far. Just minutes after its launch was announced in June of 2019, regulators around the world began to protest the birth of the platform. As…
Bitcoin carnage, Eth2 milestone, Libra launch, PayPal blunder:…
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a…
Facebook’s Libra Crypto Gets Ready to Launch in…
Facebook’s libra cryptocurrency is reportedly preparing to launch with a single cryptocurrency, a scaled-down version of its original plan. The launch date for Facebook’s libra could be as early as January. Launch Date for Facebook’s…
Dubai Incoming
What is an oasis? A chance to get replenished? Be challenged by illusions? Make dreams come through? Perhaps all of the above as life has taught me to expect from vortex energy, high net worth,…
First Mover: The FOMO Takes Over as PayPal…
Bitcoin (BTC) was higher, following through on the upside after Wednesday’s 7.4% jump to a new 2020 high. It was the biggest single-day increase in almost three months. The surge past $12,000, with prices now…
Cryptocurrency ETFs: SEC Wants to Facilitate Tokenized Products
The U.S. Securities and Exchange Commission (SEC) wants to facilitate tokenized exchange-traded funds (ETFs), according to chairman Jay Clayton. The agency is collaborating with other U.S. regulators to determine how to regulate different crypto products.…
First Mover: Federal Reserve Does What It Wants…
Every time the Federal Reserve meets, it’s important to remember that the only real monetary policy tradition at the 107-year-old institution is that a bunch of people will get together and talk about markets and the economy and…
Bitcoin, Tesla and avocados: millennial traders are saying…
Between Sep. 9 and 16, the price of Bitcoin (BTC) rose by over 11%. Similarly, in the same period, Tesla stock (TSLA) surged from $330.21 to $449.76, by 36.2%. Millennials love TSLA stock and Bitcoin…
‘Bitcoin Will Never Ditch You’ Ad Dominates Front…
The number of bitcoin ads appearing in major newspapers is growing. The front page of Apple Daily, a major newspaper in Hong Kong, featured a “Bitcoin will never ditch you” ad this week. Bitcoin ads…
Russia and China De-dollarization Approaching ‘Breakthrough Moment’
China and Russia are collaborating to reduce their dependence on the U.S. dollar. Trade settlements in USD between the two countries have fallen below 50% for the first time. De-dollarization in Russia and China The…
Goldman Sachs’ Digital Assets Team Seeks VP to…
Global finance giant Goldman Sachs is searching for a new vice president for its Global Markets Division’s London-based digital assets team. According to the job posting, the teamis focused on developing Goldman’s “distributed ledger technology…
Blockchain Bites: Hashrates Drop, Bitcoiners Hodl and an…
Floods are dampening bitcoin mining hashrates, Ethereum Classic may be thrown off its most popular exchange and bitcoin is moving off exchanges. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain…
Pantera Capital Has Raised 3x More This Year…
Pantera Capital, a crypto investment firm that has $600 million under management, had a very good year, but still not as good as 2018. According to a recent SEC disclosure, Pantera Venture Fund III has…
Bitcoin’s Big Advertising Blitz, ETH Hits Two-Year High,…
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. Top Stories This Week Bitcoin bulls stampede toward $12,000 as Ether hits a two-year high Once…
Crypto Long & Short: The Surprisingly Sunny Outlook…
Every epic tale needs a tragic hero, and one of the top candidates for that role in this century’s dramatic passage so far has to be the hedge fund manager. Toppled from their masters-of-the-universe pedestal…
$217 Million Pour Into Grayscale’s Crypto Funds Following…
Grayscale Investments announced that it has raked in record investments of $217 million the week its TV commercial campaign launched. The company’s crypto TV commercial kicked off on CNBC, MSNBC, FOX, and FOX Business. Following…
First Mover: As Wall Street Goes Topsy-Turvy, Crypto…
As the coronavirus takes its devastating toll on the U.S. economy, financial pros are increasingly confounded by the markets. The economy is in its worst shape since the early 20th century, and stocks are soaring. The U.S. government’s…
Bitcoin Price Hits New All-Time High Against Turkish…
A famous Bitcoin skeptic has called for a gold-backed currency to save Turkey as its national fiat currency collapses. In a tweet on Monday, John Hopkins professor Steve Hanke argued that hard money was now…
Bloomberg: Americans Trade Depreciating Dollars For Bitcoin
A Bloomberg article claims that Americans are foregoing the safety of the dollar for more speculative assets like stocks, gold, and Bitcoin (BTC). High saving rates, low yields Because of the COVID-19 lockdown, the personal…
Wirecard’s Missing COO is Suspected to Be Hiding…
Since his disappearance last month, former Wirecard COO Jan Marsalek has arguably been one of the most wanted people in the world. However, on July 18th, 2020, investigative journalism outlet Bellingcat reported that the search…
Bitcoin Mining Firm Northern Data Slams ‘Trolls’ After…
European Bitcoin (BTC) mining firm Northern Data has seen its stock fall 40% in days amid claims that it committed fraud. Data from Bloomberg showed the company’s NB2 stock trading at under €47 ($53.70) at…
Lebanon’s Financial Meltdown: Currency Plunges 80%, Huge Losses…
The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that the country’s central bank has accumulated losses as much as 170 trillion pounds.…
PayPal Crypto Rumors, RIP Wirecard, Telegram Settles: Hodler’s…
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a…
Bitcoin’s Battle, Robinhood Tragedy, $2.1B Black Hole: Hodler’s…
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a…
Money Reimagined: Ethereum’s Renaissance Creates an Opportunity –…
If, in the compressed time of blockchain existence, the “crypto winter” of 2018-2019 was Ethereum’s Dark Ages, then we’re now in its Renaissance. But it’s an open question whether the blockchain platform and its enthusiastic…
First Mover: As US Stocks Defy Economic Gravity,…
Crypto traders are homing in on a pattern that’s becoming weirdly familiar: Stocks fall, bitcoin falls; the Federal Reserve makes a new stimulus announcement, stocks rise, bitcoin rises. No one knows exactly how a second…
Not With Bitcoin: Rumor ECB Eyeing $500B Debt…
The European Central Bank (ECB) may be fearing default as rumors circulate that it plans to plant at least half a trillion euros of “bad” debt in a “bad bank.” As Reuters reported on June…
First Mover: ECB Stimulus May Offer Market Hope…
As bitcoin struggles to break out of the range it’s largely been stuck in for more than a month, some investors are looking ahead to Thursday’s European Central Bank meeting for fresh monetary stimulus that…
Crypto Long & Short: Innovation Cycles, Crypto Venture…
Famed Silicon Valley venture capital firm Andreessen Horowitz (a16z) stirred up some discussion last week by dividing crypto history into cycles that look something like this: The price goes up, which leads to new interest,…
Money Reimagined: Designer Money for a Machine-Run Post-COVID…
A headline in MIT Technology Review caught my attention this week: “The pandemic is emptying call centers. AI chatbots are swooping in.” COVID-19’s perfect storm – a global public health crisis, an economic meltdown and…
Blockchain Bites: Satoshi’s Sword of Damocles
Top Shelf Yesterday, some of the earliest mined bitcoin moved after more than a decade of dormancy. Whale Alert – a popular, mostly-automated Twitter account that tracks major crypto transactions – broadcast the message across…
Bank of England Predicts Worst Economic Crash in…
The Bank of England has predicted the worst economic crash since the Great Frost of 1709. Economists are less optimistic than the central bank about the rate of recovery for the UK economy. “Current conditions…
Iran to Cut 4 Zeros From Its Currency…
Iranian lawmakers have reportedly approved a plan to slash four zeros from the national currency, the rial, which has been falling sharply in value amid chronic inflation and the U.S. sanctions. The official currency will…
Billionaire Investor Winklevoss Condemns XRP Army, Points Out…
Ripple’s XRP has once again stolen the spotlight in the cryptocurrency market. This time around it has nothing to do with the millions of tokens dumped by one its co-founder, Jed McCaleb, or the legal…