Perhaps the most significant “crisis of confidence” is manifesting itself in the U.S. dollar’s sharp decline in value. This downturn is changing the calculus of the market, impacting asset valuations, and making a more favorable environment for new forms of currency such as Bitcoin. There are good reasons the dollar...
Méliuz, a Brazilian fintech company, is considering drastically boosting its crypto hoard on the BTC standard. The question is: is this visionary or just plain reckless? It’s easy to get caught up in the crypto craze. They see Bitcoin as a panacea that will cure the world’s economic inflation and...
It’s not the first time Africa’s economies have danced to the yankee dollar’s musicsheet for decades. Its vigor determined the cost of imports, affected debt loads, and quietly guided the entire continent’s economic destiny. What about when the music begins to play their curtain call? What happens when the conductor...
Forget the noise. Forget the fear, uncertainty and doubt (FUD) that gets daily dumped on you by the talking heads. The smart money is the one that’s quietly, relentlessly, accumulating Bitcoin. They’re not doing it for the excitement. They know something. They see something. They understand something you might be...
One of the largest sellers of CryptoPunk NFTs has just pleaded guilty to tax evasion. This is an important precedent first for matters in the newly minted and fast-paced digital asset world. Thomas Carter Wilcox hid more than $13 million in income. Those earnings all came from the sale of...
Now picture Emily Nkrumah, a dynamic entrepreneur based in Accra, Ghana. Yet as much as she creates beautiful hand-made jewelry, her dreams are suffocated. Her profits are eaten up by crippling bank fees. International payments are a nightmare, and the constantly-changing Cedi (the Ghanaian currency) makes her sleep less than...
Bitcoin whales—which are wallets that have more than 10,000 BTC—are reportedly in their largest accumulation mode. They’re consuming more than 3x the current annual Bitcoin supply! Read on to find out why this behavior, along with other market indicators, point to a potential bullish reversal for the cryptocurrency. The trend...
The Emirates Palace. Gold leaf. Royal patronage. Web3? Promax’s “Royal Token Banquet” looks like it could deliver on all of this future of finance hype. In reality, it’s a gold-plated birdcage atop quicksand. Such lofty language sounds appealing in a press release announcing “transformative initiatives” and “global luminaries,” but we...
Bitcoin is still trading under $84,244. Most analysts are expecting it to hold a long lasting floor between $66,000 to $80,000 the remainder of the year. Models predict that another bull market will start in 2026. This meteoric rise would bring the cost to a staggering $297,000 by that November...
Let's be honest, when you hear about a "Royal Token Banquet" in Abu Dhabi, hosted by a Sheikh, your first thought probably isn't Africa. Perhaps you imagine opulence, fountains of caviar, Lamborghini dealerships at every turn, and people shaking hands in darkened back rooms with the global elite. You likely...