Search Results for: Bitcoin price
Dollar starts 2021 in the cellar with a hangover
January 4th, 2021
The dollar started the new year by slipping broadly on Monday as investors sold it for just about everything else in the Asia session, wagering the world’s pandemic recovery will drive other currencies higher. The euro, which had dipped ...
The psychology of money
December 30th, 2020
The world stands on the threshold of monetary hyperinflation with the US dollar leading the way. The final months of fiat money are coming into view. What will replace them — bitcoin or gold? This article argues that ...
Indians are spending millions daily on cryptocurrency trading
December 10th, 2020
Retail investors aged between 25 and 40 are spending millions on trading in cryptocurrency in India every day, according to two of the top exchanges in the country. According to the country’s largest crypto exchange, WazirX, the company saw ...
The global reset scam
November 20th, 2020
This article takes a tilt at increasing speculation about statist global resets, and why plans such as those promoted by the World Economic Forum will fail. Central bank digital currencies will simply run out of time. Instead, the ...
Payment token derivatives: the risks behind the hype
November 19th, 2020
Compared to a direct investment in Bitcoin, for example, an investment in derivatives with payment tokens as underlying assets is more transparent but is by no means risk-free. Many of the risks associated with payment tokens have an impact ...
Breaking: FCA bans the sale of crypto-derivatives to retail consumers
October 6th, 2020
The FCA has published final rules banning the sale of derivatives and exchange traded notes (ETNs) that reference certain types of cryptoassets to retail consumers. The FCA considers these products to be ill-suited for retail consumers due to the ...
Over $150M drained in KuCoin crypto exchange hack
September 29th, 2020
The Singapore-headquartered digital asset exchange KuCoin said in a statement that it detected large withdrawals of bitcoin (BTC) and ethereum (ETH) tokens to an unknown wallet beginning at 19:05 UTC time on Friday. In a live stream on 4:30 ...
Another Cryptocurrency Exchange gets hacked for millions
September 9th, 2020
Hackers have compromised yet another cryptocurrency exchange. This time, it’s the small-time Slovakian exchange Eterbase—though the amount hackers made off with is nothing to sneeze at nearly $2 million. Hackers raided Eterbase’s wallets for Bitcoin, Ethereum, XRP, Tezos, Algorand ...
Doubling down on failed policies with central bank digital currencies
August 27th, 2020
Many central banks are researching retail digital currencies, which if implemented, would allow them to issue a new currency directly to the public, managed on a centralised ledger bypassing commercial banks. While there is an element of feeling the ...
An unexpected systemic crisis is for sure
August 18th, 2020
Downturns in bank credit expansion always lead to systemic problems. We are on the edge of such a downturn, which thanks to everyone’s focus on the coronavirus, is unexpected. We can now identify 23 March as the date ...
