This is an opinion editorial by Trent Dudenhoeffer, a certified financial planner at Watchdog Capital. Believe it or not, bitcoin is money. This may be a hard sell to many of us in the Western world, specifically here in the United States. I get it; the dollar is the reserve currency of the world. Yes, there is inflation, but it’s…
Month: October 2022
India Will Soon Test An ‘E-Rupee’ Digital Currency
The Reserve Bank of India has proposed a phased pilot of its version of a Central Bank Digital Currency, according to a paper released by the agency on Friday. In what was published as a “concept note,” India’s central bank outlined its vision for a digital version of the rupee, referred to as the e-rupee. It also explained its rationale…
Mad Money’s Jim Cramer Wants Crypto Investors to Bet Against Him — ‘I Have Done This for 42 Years’ – Featured Bitcoin News
The host of Mad Money, Jim Cramer, has challenged crypto investors to bet against him. “You do not do this for 42 years and lose money every year,” he said. His statement followed a filing with the U.S. Securities and Exchange Commission (SEC) for “Inverse Cramer ETF.” Jim Cramer to Crypto Investors: Bet Against Me The host of CNBC’s Mad…
How brands are using digital fashion in real life
From Gucci to Balenciaga, big fashion brands are making their way into the Metaverse. Source: https://cointelegraph.com/news/how-brands-are-using-digital-fashion-in-real-life
Social tokens will be the engine of Web3 from fanbases to incentivization
Social tokens are increasingly being used in online blockchain communities. They offer numerous benefits to users. Source: https://cointelegraph.com/news/social-tokens-will-be-the-engine-of-web3-from-fanbases-to-incentivization
After Ethereum Merge, GPU prices may stabilize with dipping demand
The prices of many popular GPUs, such as Nvidia’s RTX3080, have dropped by nearly 60% over the last 90 days across some parts of the globe. Source: https://cointelegraph.com/news/after-ethereum-merge-gpu-prices-may-stabilize-with-dipping-demand
Dapper Labs Hits Russian Accounts With Restrictions, Citing EU Sanctions
Dapper Labs is restricting Russian accounts from using its payment services, the company said this week. The decision was made following sanctions imposed by the European Union on Thursday, targeting Russia and Russian nationals. Dapper, which specializes in NFT collectables, said it was directed to take action by its payment processing and stored value partner, which is subject to EU…
USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’ – Economics Bitcoin News
In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société Générale notes that the index will likely rally back toward the…
This Week on Crypto Twitter: Celsius Data Leak Causes Outrage, Jim Cramer Boasts Roasted
Illustration by Mitchell Preffer for Decrypt Crypto prices barely moved this week. In the context of 2022, that doesn’t necessarily mean it was a bad week, just slow. Most weeks this year have brought losses. To those who have followed prices keenly, this is no surprise. On New Year’s Day, Bitcoin posted an intraday low of $46k; yesterday it bottomed…
FTX partners with Visa, BNB Chain suffers exploit and Elon Musk returns to $44B Twitter deal: Hodler’s Digest, Oct. 2-8
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 week on Cointelegraph in one link. Top Stories This Week Musk’s deal for Twitter looks set to go with original $44B price tag Elon Musk…