PayPal, as an established leader in global payments with more than 300 million users across 200+ countries, was initially backing Libra but pulled out in October 2019. At the time it expressed support for the Facebook-backed plan but said it wanted to focus on its core business. Earlier this year, Coindesk reported that PayPal was […]
Bitcoin Rallies Above $13K Less Than 24 Hours After Breaking 2020 Highs
TipRanks 2 “Strong Buy” Dividend Stocks Yielding at Least 9% Markets have shown two themes in recent weeks, a combination of uncertainty and an upward trend. Day to day, it’s impossible to predict just what will happen, but the larger scale movement has been upwards. Looking ahead, all we know is that current events will […]
How To Quickly Convert Your Bitcoin Into Fiat Currency
In brief There are many ways to quickly convert Bitcoin into fiat currency. Each method has advantages and disadvantages, including speed, privacy and fees. Whichever option you choose, it’s important to research it thoroughly in order to avoid surprises. So you’ve got a stash of Bitcoin; you scrimped and saved, hodled through the highs and […]
Video: The Fed Considers CBDCs And Bretton Woods 2.0
Where to listen: The IMF panel on cross-border payments was a Central Bank Digital Currency (CBDC) discussion in disguise, headlined by Jerome Powell, chairman of the Federal Reserve. The CBDC narrative is the central bank version of the hype around blockchain technologies that rose from 2016 to 2018. Back in 2019, the International Monetary Fund […]
OKEx resumes all functions except selling and withdrawal
On the morning of October 21st, OKEx resumed P2P trading for the Chinese Yuan (CNY), the Indian Rupee (INR), as well as the Vietnamese Dong (VND). “P2P, Buy Crypto will reopen at 12:00 pm UTC today in select markets. [However,] sell Crypto via Fiat Gateway remains suspended,” said OKEx in a Twitter update regarding the […]
Crypto Options Exchange Deribit to Require ID Verification for All Users by Year End: Report
TipRanks 2 “Strong Buy” Dividend Stocks Yielding at Least 9% Markets have shown two themes in recent weeks, a combination of uncertainty and an upward trend. Day to day, it’s impossible to predict just what will happen, but the larger scale movement has been upwards. Looking ahead, all we know is that current events will […]
How Bitcoin Rich Advertiser Lost All His Fortune
He founded an advertising agency, his agency went bankrupt. He bought Bitcoin with his remaining money, became Bitcoin rich. Then he watched all his wealth slipping away over the years … Former advertiser Peter McCormack, known for his podcasts “What Bitcoin Did” and “Defiance”, first became Bitcoin-rich, then lost all the wealth he earned. McCormack […]
China Beat Back Covid-19, but It’s Come at a Cost—Growing Inequality
Fallout from the Covid-19 pandemic is widening the gap between haves and have-nots in China, a trend that could bring social tensions and undermine the country’s stronger-than-expected economic recovery. As in the U.S., higher-income earners have for the most part held on to their jobs in China this year, while their stock and property assets […]
How ‘Downtown’ Josh Brown Talks Bitcoin With Clients
In this kickoff episode of the “On Purpose” podcast, host Tyrone Ross catches up with his good friend, registered investment advisor and CEO of Ritholtz Wealth Josh Brown. They cover the overall crypto landscape for advisors, what kind of demand Josh has seen and is seeing from his clients, what he thinks of Bitcoin’s progress […]
Monero and other privacy cryptocurrencies: Buy or pass?
Several privacy-oriented cryptocurrencies have had an exceptionally good year so far price-wise, and they have been roundly outperforming Bitcoin. Get The Full Series in PDF Get the entire 10-part series on Charlie Munger in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. Q3 2020 hedge fund letters, […]