Michael J. Burry, the financial wizard who was portrayed in the movie “The Big Short”, is known for predicting crises. For instance, his investment fund made billions from the 2008 housing crash, and Burry liquidated almost his entire portfolio during the 2Q of 2022. Given that no one seems to know whether traditional markets will […]
When I read through nChain’s recently published CBDC playbook, I stumbled on quite an interesting part. On page 8 of the document, nChain presents the basics a functioning CBDC should follow, referring to the principles laid out by the Bank of International Settlements (BIS). The BIS published an executive paper concerning CBDCs and their foundational principles as well […]
Bitcoin (BTC) crossed under $20,000 after the Sept. 27 Wall Street open as United States equities inched higher. U.S. dollar has room to run — trader Data from Cointelegraph Markets Pro and TradingView confirmed the $20,000 mark barely remained as tentative support on the day. BTC/USD had managed local highs of $20,344 on Bitstamp overnight […]
Polkadot [DOT] did not have the best of its time last week as it registered only 2.5% seven-day gains. However, the growth was still promising as the entire crypto market struggled to go green. Several positive developments have happened in the DOT ecosystem lately, which might have fueled this increase. One of which is the […]
XRP (Ripple) rallies on positive court case outlook. Vitalik Buterin wants Zcash and Dogecoin using PoS. XDC completes its own scalability upgrade. XRP XRP was higher by 45% over the last week after positive comments regarding its ongoing court case with the Securities and Exchange Commission (SEC). Both parties filed for summary judgments, however, it […]
On Wednesday (March 16), financial services giant HSBC and Ethereum-powered play-to-earn (P2E) game The Sandbox announced: “a new partnership that will open up a host of opportunities for virtual communities across the world to engage with global financial services providers and sports communities in The Sandbox metaverse.” What Is The Sandbox? The Sandbox is a […]