Robert Kiyosaki, the author of the best-selling book “Rich Dad Poor Dad,” said we’re already in a ‘technical depression’ and added that he’s using these gold, silver, and Bitcoin to protect himself from the pain. As the S&P 500 back near all-time highs, the stock market is mostly shrugging off inflation and Omicron concerns. But…
The CoinShares CSO, Meltem Demirors, is saying digital assets have done “exceptionally well” in 2021, even after retreating from their record highs. He suggested that the crypto market correction is driven by investors booking profits. Meltem Demirors, the chief strategy officer (CSO) of cryptocurrency investment firm CoinShares, said in a Yahoo Finance interview that one…
Over 50 countries have banned cryptocurrencies, according to a report from the Global Legal Research Directorate of the Law Library of Congress. The November report served as an update to research published in 2018, found the number of countries banning crypto “increased significantly” since the research first came out in 2018. Since 2018, “the number…
Although VC funds have been rushing to support various crypto startups, much of that money has not gone to Bitcoin-focused companies, notes Bitcoin Magazine. With the printing press in overdrive, there is an ever-increasing amount of fiat looking for a home. In order to avoid being debased and lose purchasing power, capital allocators are charged…
Crypto enthusiast and ex-Twitter CEO believes Bitcoin will replace the dollar. Jack Dorsey also said crypto users don’t own Web3, implying that the so-called decentralized internet is actually in the hands of venture capitalists. Jack Dorsey, the former Twitter CEO and chief of fintech firm Block (formerly Square), had a tweet exchange Monday evening with…
Main attraction lies in turning the funds into tradable tokens, write ByOlga Kharif and Vildana Hajric on Bloomberg. However, DAO hacks remain a common threat, while legal protection is limited. Index funds have long been pitched as a low-risk and inexpensive way to invest. Now they’re coming to the rollicking world of cryptocurrencies, but with…