The difference between speculating and investing comes down to a realistic expectation of a positive return on your money. For a speculator, that confidence comes from their ability to accept their own wishful thinking as fact. For an investor, confidence is born of a cool-headed assessment...
Intel’s new gaming chip is now available on laptops, and it’s being hailed by some in the crypto industry as a major disruptor to the cryptocurrency mining hash race. Here’s a short primer on Moore’s Law from Intel: “In 1965, Gordon Moore made a prediction that would...
After falling by nearly $4,000 in a day, bitcoin reacted well and bounced off to above $46,000. Most altcoins are also in the green today. Impressive gains are evident from Ethereum, Binance Coin, Solana, Avalanche, NEAR Protocol, Axie Infinity, and others. Bitcoin Reclaims $46K Last week started...
The newly appointed global head of digital assets for Goldman Sachs’ private wealth management division, Mary Catherine Rich, announced that the bank will soon offer investments in Bitcoin (BTC) and other cryptocurrencies to clients within its private wealth management group. In an exclusive interview for CNBC,...
BXM Operations’, a subsidiary founded by BitMEX CEO Alexander Höptner and its CFO Stephan Lutz, failed to acquire the Munich private bank, Bankhaus von der Heydt. Both parties agreed to cancel the planned deal, German media reported on Thursday. The acquisition was greenlighted by German regulator BaFIN...
The central bank of Jamaica doubled down on its plans to design a digital version of its national currency. The institution claimed that the financial product will benefit a considerable percentage of the residents who do not have access to basic monetary services. Jamaica’s CBDC to...
The cryptocurrency-focused financial services company led by Michael Novogratz – Galaxy Digital Holdings – announced it will acquire the digital asset custodian BitGo between now and October 2022. Initially, the move was planned for the first quarter of the year. Delaying the Acquisition In May last year,...
Zilliqa – a scalability-focused DeFi blockchain – is seeing its cryptocurrency skyrocket leading up to the Metapolis launch this month. ZIL is up nearly 5X over the last two weeks, rising from $0.041 to $0.2 as of Friday. Zillqa leverages a layer 2 scaling solution known...
The second-most populated nation will reportedly implement a regulatory framework on cryptocurrencies only after a global consensus on the matter. According to a person familiar with the matter, the Indian government does not plan a law soon to either restrict or promote dealing with digital...
GYM NETWORK is a highly innovative DeFi platform that introduces affiliate marketing to decentralized finance, allowing users to earn commissions by referring others while profiting from the platform themselves. $13M Total Value Locked in 5 Days GYM NETWORK’s initial product, the GYMNET Vault, reached a total value...