Twitter-famous crypto trader AIgod has brought a smile to the community after announcing he’s doubled his “Inverse Cramer” portfolio in just a month by “simply” inverse trading against CNBC’s Mad Money host Jim Cramer. In his latest tweet on Aug. 22, the trader, who became famous on Twitter for pre-empting the fall of Terra Luna’s collapse earlier this year, said…
Month: August 2022
Paypal adds to list of crypto heavy hitters on the TRUST network
Crypto-friendly digital payments giant Paypal has been added to the Travel Rule Universal Solution Technology (TRUST) network, joining a host of big names in crypto that have moved to comply with digital asset travel rules. The announcement comes two months after the payments giant rolled out infrastructure enabling users to transfer, send and receive digital assets between PayPal and other…
An Optimistic Take On Bitcoin Communities – Bitcoin Magazine
This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Matt Odell to talk about Bitcoin, Bugs as Food, the importance of community, and of course, the price of Bitcoin. Watch This Episode On YouTube Or Rumble Listen To The Episode Here: Transcript Matt Odell: So welcome to…
IMF Sees Significant Increase in Correlations Between Bitcoin and Asian Equity Markets – Markets and Prices Bitcoin News
Officials at the International Monetary Fund (IMF) say that the correlation between the performance of the Asian equity markets and crypto assets such as bitcoin and ethereum has increased significantly. IMF Staff on Crypto and Correlation to Asian Equities The International Monetary Fund (IMF) published a blog post on Monday on cryptocurrency regulation and how crypto is now “more in…
Community Banks Improve Bitcoin Adoption – Bitcoin Magazine
This is an opinion editorial by Leo Weese , co-founder of the Bitcoin Association of Hong Kong, where he has organized Bitcoin meetups since 2012. Over the years, Bitcoin has continually proven itself as a robust asset with a predictable supply that can be swiftly transferred instantly for a low fee over the Lightning Network. Despite its inflationary shortcomings, the…
Bitcoin won’t hedge inflation until it hits 1B wallets: Scaramucci
Skybridge Capital CEO Anthony Scaramucci believes that while Bitcoin continues to be an attractive asset, it has not reached the “wallet bandwidth” that is required for it to be considered an inflation hedge. Speaking on CNBC’s Squawk Box on Aug 22. the global investment management CEO said Bitcoin was still too much of “an early adopting technical asset” which would…
Telegram founder suggests ‘NFT-like smart contracts’ to auction usernames
Pavel Durov, the founder of encrypted messaging app Telegram, has floated the idea of a marketplace that could utilize “NFT-like smart contracts” to auction highly-sought after usernames. Durov made the suggestion after the “success” of domain name auctions by The Open Network (TON), a layer-1 blockchain originally designed by the Telegram team. The blockchain project launched the TON DNS service…
Crypto security experts raking $430K salaries amid 2022’s hacking spike
The rise of crypto hacks over 2022 has skyrocketed demand for blockchain security experts, with some auditors making upwards of $430,000 per year. Speaking with Cointelegraph, blockchain recruitment firm CryptoRecruit founder Neil Dundon said that while security audit services have long been in demand, the rise of decentralized-finance (DeFi) protocols has opened up opportunities for auditors to review potentially vulnerable…
97% of US Executives Surveyed Are Bracing for Recession – Economics Bitcoin News
A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition, “53% of respondents believe that inflation will be an issue for the next two quarters to a year.” Most Executives Surveyed Say Recession Cannot Be Avoided Stifel Financial Corp. (NYSE: SF) announced the results of a survey it conducted on…
Argentine Presidential Candidate Sued Over Alleged Crypto Ponzi Scheme
Argentina’s eccentric Bitcoiner presidential candidate is being sued for allegedly promoting a crypto ponzi scheme. Javier Milei, a top contender to be the next president of Argentina, last year uploaded an Instagram post to his 1.3 million followers promoting CoinX, a crypto investment platform that promised huge returns to users. View this post on Instagram A post shared…