Crypto

Fed Has Turned Bond Market Into a Ponzi Scheme, Dan Morehead Says

Bond markets are ponzi schemes where investors will be left holding the bag once the lights come one, according to Dan Morehead, CEO of Pantera Capital.  Investors instead should invest in digital assets in order to avoid \”bubbles\” that are created by the Federal Reserve\’s economic policies.  Bond investors \”are going to get absolutely destroyed when the […]

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Coin Burning and Community: How the Shiba Inu Crypto Can Reach $1

At face value, Shiba Inu (CCC:SHIB-USD) doesn’t look like a cryptocurrency with a ton to offer. A cynic could look at the whopping 1 quadrillion total supply of tokens. They could look at the fact that it has very limited scope as a method of payment, outside of consumer electronics and movie tickets. They could look at the logo and

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Bye-Bye, Miners! How Ethereum’s Big Change Will Work

Ethereum is making big changes. Perhaps the most important is the jettisoning of the “miners” who track and validate transactions on the world’s most-used blockchain network. Miners are the heart of a system known as proof of work that was pioneered by Bitcoin and adopted by Ethereum, the platform that supports Ether, the runner-up to

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Ethereum To $12,000 By Year-End? Here\’s What The Chart Says

On Nov. 25, Ethereum ETH continued in its uptrend Benzinga called out on Nov. 23 and made a high of $4,555.11, surpassing the previous Nov. 20 high of $4,439.96. The crypto then printed a bearish double top pattern at the level on Nov. 26 and fell to retest support at the $3,950 level. The cryptocurrency market has been in a weeks-long

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Here’s why Congress is so worried about the Tether stablecoin

Bitcoin and all the other digital cryptocurrencies out there have had a massive year so far, with several of them reaching new all-time high valuations. Bitcoin’s latest high was just above $69,000 a few days ago, but other digital tokens have witnessed similar surges this year. As more money poured in digital coins and more

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Elon Musk Encourages People to Ditch Crypto Exchanges Like Binance

Tesla CEO Elon Musk took a stance against cryptocurrency exchanges in a Tuesday tweet. On Twitter, someone mused about breaking the ecosystem’s “dependence on CEXs like [B]inance and [R]obinhood,” prompting another to quip “not your keys, not your crypto.” Then Musk chimed in, tweeting “exactly” in reply. In simple terms, a cryptocurrency wallet contains both public and private cryptographic keys. As their

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Resist buying U.S. stocks and Treasurys, Morgan Stanley advises. Here’s what their strategists recommend buying instead.

U.S. stocks have been a winning investment these last two years, on what proved to be a correct bet that corporate earnings would recover from the coronavirus pandemic, as well as the low interest rates and fiscal stimulus that have heated up the global economy. Strategists at Morgan Stanley say investors should resist buying U.S.

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Bitcoin\’s Taproot Upgrade Enables Smart Contracts, More Private Transactions

The long-awaited Taproot upgrade to Bitcoin was finally activated on November 14, to make transactions more private and bring smart contracts to the blockchain. Taproot was initially proposed in January 2018. It finally received approval from enough Bitcoin miners to enter the Speedy Trial phase—which gives developers five months to support the upgrade—on June 13. Now it\’s

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Nigeria Continues On Crypto Crackdown; Freezes Trading Accounts

The Central Bank of Nigeria (CBN) has penalized traders participating in crypto trading activities by freezing their trading accounts.  Crypto Trading Incurs Heavy Penalties Two individuals, Nnamdi Francis Okereke and Nwaorgu Kingsley Chibuzor, and a company called TVS Hallmark Service Limited, have had their crypto trading accounts closed as per a directive from the Central

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