Watch This Episode On YouTube or Rumble Listen To The Episode Here: In this episode of the “Fed Watch” podcast, due to popular demand, I welcome Tom Luongo back on the show! Luongo is one of my favorite writers due to his entertaining prose and deeply refreshing insight on global macro, geopolitics and currency markets. He is also a long-term…
Month: May 2022
Anonymous Allegedly Hacks Sberbank, Russia’s Largest Bank – Bitcoin News
Hacktivist collective Anonymous has allegedly breached the systems of one of the largest financial institutions in Russia, Sberbank. The attackers announced on social media they have published thousands of emails, phone numbers, and addresses. Anonymous Hackers Reportedly Gain Access to Sberbank Database Decentralized hacking group Anonymous claims to have hacked Sberbank. A Twitter account associated with the collective, @YourAnonOne, announced…
Amid crypto carnage, Goldman and Barclays fill their bags, May 12-18, 2022
Has there ever been a worse time to be in crypto? It depends on how you look at it. Amid Terra’s death spiral, Bitcoin (BTC) recording seven-consecutive weekly red candles, over $1 trillion in lost market cap across the ecosystem and an aggressive Federal Reserve hell-bent on reversing the chaos it created, major banks are quietly increasing their exposure to…
Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets
Crypto markets remain volatile and a handful of seasoned traders believe that the bearish trend will continue as long as stock markets are chasing new lows. Most investors would agree that crypto is now in a bear market and the current price action for Bitcoin (BTC) and Ethereum (ETH) suggest that capitulation and consolidation are a ways away. Data from…
Leading European and Ukrainian Charity Foundations Announced Their Participation in the World’s First Innovative ChariFi’s Project
press release PRESS RELEASE. The innovative first time used concept will help to monetize charitable experience for people. Since the beginning of the war in Ukraine, people from all over the world are trying to find ways to support people affected by the events. Multiple organizations and communities do their part to provide aid for Ukrainian refugees or people in…
Panama’s president says he won’t sign crypto bill into law ’at this moment’
Laurentino Cortizo, the president of Panama, has said he won’t sign off on a crypto bill recently approved by the country’s National Assembly without additional Anti-Money Laundering rules. Speaking at the Bloomberg New Economy Gateway Latin America conference on Wednesday, Cortizo said the bill recently passed by Panama’s legislature must go through legal checks before reaching his desk, but added…
Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion – Blockchain Bitcoin News
Statistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different blockchains, has officially surpassed $36 billion. While there are 18 competing blockchains offering NFTs, Ethereum-based NFT sales dominate by more than 75%. While Ronin commands the second-largest amount of NFT sales, NFTs from the game Axie Infinity have been…
Gary Vee Kicks Off VeeCon ‘Summer Camp’ to Show NFTs Are ‘More Than Just Collectibles’
In brief Gary Vaynerchuk is hosting the inaugural VeeCon NFT conference in Minneapolis this weekend. The event was built around his VeeFriends NFT project and features 150 speakers, including Snoop Dogg, Beeple, and Mila Kunis. The Gary Vee NFT show is underway in Minneapolis this weekend. VeeCon is the debut NFT conference from entrepreneur, investor, author, and social media personality…
Bill Gates Says Bitcoin Does Not Benefit Society
Bill Gates recently hosted an AMA on Reddit where he discussed why he does not invest in bitcoin or other cryptocurrencies.Gates explained that bitcoin provides no valuable output and therefore does not add to society. We need to change the lens through which we define value and output to correct this misunderstanding. Bill Gates, fourth-richest person in the world and…
Cosmos Climbs 15%, as AAVE Nears a 10-Day High – Market Updates Bitcoin News
ATOM was trading over 15% higher on Friday, as prices rose for a second consecutive session. Today’s rise took ATOM to its highest point since the start of the week, and comes as AAVE neared a 10-day high. Cosmos (ATOM) ATOM was one of the biggest movers in Friday’s session, as price climbed to its highest point since the beginning…