Democratic representative for California Brad Sherman joked about how ridiculous a “Mongoose Coin” would be on Wednesday — and by Friday it had become a reality. During Wednesday’s hearing on crypto at the House Financial Services Committee, Sherman spun a tale of an old woman who swallows bigger and bigger animals to eat the animals previously swallowed. He likened this…
Month: December 2021
Countries Are Leaving The USD Standard, They Need A Bitcoin Strategy
The below is a direct excerpt of Marty’s Bent Issue #1126: “Dedollarization accelerates.” Sign up for the newsletter here. via Al Mayadeen Above is an excerpt from an article published in Al Mayadeen yesterday morning that highlights another domino falling in a trend we’ve been following for years in this rag; countries deciding to conduct foreign trade in their native…
Financial Adviser Warns Crypto Is ‘One of the Biggest Bubbles Ever’ — Says ‘It’s Going to Be Ugly’ – Markets and Prices Bitcoin News
The president of Payne Capital Management has warned that crypto is “one of the biggest bubbles ever.” Stressing that the crypto market is “becoming a bigger and bigger casino,” he predicts that the bubble will eventually burst and “It’s going to be ugly.” Crypto Is a Big Bubble Waiting to Burst, According to the Financial Adviser Financial adviser Ryan Payne,…
Why Bitcoin Will Kill Index Funds
In an episode of Bitcoin Spaces Live, released by Bitcoin Magazine on November 3 2021, Michael Saylor made the claim that bitcoin is going to “demonetize” index funds. “The war is bitcoin versus gold and bitcoin versus index funds… the war is against weak assets, and bitcoin is going to demonetize $100 trillion of them next.” What does it mean…
Discussing The Bitcoin Energy Revolution
Watch This Episode on YouTube Listen To This Episode: [0:07] Mark Goodwin: To make a case within their box about why Bitcoin will help establish a free market for energy and why being a buyer and seller is sort of last resort for the energy grid for capacity will have like really, really big effects on fair pricing of electricity.…
API3 (API3), Bluezelle (BLZ), Circuits of Value (COVAL), Gods Unchained (GODS), Immutable X (IMX)…
API3 (API3), Bluezelle (BLZ), Circuits of Value (COVAL), Gods Unchained (GODS), Immutable X (IMX), Measurable Data Token (MDT) mStable USD (MUSD) and Ribbon Finance (RBN) are launching on Coinbase Please note that Coinbase currently only supports the ERC-20 version of these assets. Starting today API3 (API3), Bluezelle (BLZ), Circuits of Value (COVAL), Gods Unchained (GODS), Immutable X (IMX), Measurable Data Token (MDT)…
CFTC Commissioner Opposes Regulation by Enforcement, Says Crypto Needs Clearer Rules – Regulation Bitcoin News
A commissioner with the Commodity Futures Trading Commission (CFTC), Dawn Stump, has voiced concerns about cryptocurrency regulation through enforcement — the approach taken by both the CFTC and the U.S. Securities and Exchange Commission (SEC). CFTC Commissioner Stump on Crypto Regulation CFTC Commissioner Dawn Stump has raised concerns regarding the approach her agency and the U.S. Securities and Exchange Commission…
Bitcoin And The Orange Party
Bitcoin is for everyone. Not only is Bitcoin for everyone, Bitcoin is the first financial system that doesn’t even require you to be a human to use it. Eventually, inanimate objects, artificial intelligence scripts, self-driving vehicles and non-human intelligence alike will all be able to access the network by simply holding the private keys to a Bitcoin wallet. Deflationists and…
Data shows pro traders are currently more bullish on Ethereum than Bitcoin
Most traders have noticed that Ether (ETH) price has seriously outperformed Bitcoin (BTC) for months now and the ETH/BTC ratio has rallied more than 230% in 2021 and recently hit a new high at 0.089 BTC on Dec. 9. ETH/BTC pair at Coinbase. Source: TradingView To put things in perspective, Ether’s $490 billion market capitalization currently represents 54% of Bitcoin‘s…
How everyday Venezuelans are using stablecoins to protect their livelihoods
Last month, Cointelegraph interviewed Reserve CEO Nevin Freeman and the payment decentralized application’s community manager Yens Michiels about the company’s mission to provide access to stable currencies. More recently, Cointelegraph spoke to a couple of users based out of Venezuela and Colombia who shared their positive experiences with Reserve. Reserve is a tool to exchange fiat currency like Venezuelan bolivares…