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February 2022

Dogecoin Founder Criticizes Memecoin Creators as Get-Rich-Quick Schemes Proliferates

Dogecoin Founder Criticizes Memecoin Creators as Get-Rich-Quick Schemes Proliferates

Billy Markus, the iconic founder of the Dogecoin (DOGE) meme coin, has lashed out on his Twitter handle as he called out a new generation of developers looking to get rich quick through meme coin creations. The origin of the lashing out was centred on the attempts by unknown followers flooding his page with adverts of memecoins whom Markus, popularly […]

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EU ‘Commits’ to Cutting Russian Banks Off From SWIFT Over Ukraine Invasion

EU ‘Commits’ to Cutting Russian Banks Off From SWIFT Over Ukraine Invasion

More member nations are showing support for imposing restrictions on Russia’s access to the international banking system. The European Union has “resolved” to isolate Russia from the international financial system, including by blocking some banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), the messaging network underpinning global financial transactions. In blocking Russia from

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Russia May ‘Nationalize’ Foreign Assets in Response to Western Sanctions, Medvedev Says

Russia May ‘Nationalize’ Foreign Assets in Response to Western Sanctions, Medvedev Says

Authorities in Russia may begin to seize funds of foreign nationals and companies that are in the country, former Russian President Dmitry Medvedev has indicated. His warning comes as the West continues to expend penalties imposed on Moscow over its military invasion of neighboring Ukraine. Medvedev Warns Persons and Entities From ‘Hostile’ Nations May Lose

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US value and tech stocks among areas of opportunity in 2022 despite Fed tightening, says Morgan Stanley

US value and tech stocks among areas of opportunity in 2022 despite Fed tightening, says Morgan Stanley

Stock markets across the globe have been volatile so far in 2022 and with the recent blow, most are trading negative on a year to date basis. Stock markets across the globe have been volatile so far in 2022 and with the recent blow, most are trading negative on a year to date basis. Andrew

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WITH FINANCIAL MARKETS IN TURMOIL, WILL BITCOIN BENEFIT?

WITH FINANCIAL MARKETS IN TURMOIL, WILL BITCOIN BENEFIT?

Unprecedented times with unwinding credit are increasing market volatility. Bitcoin will eventually benefit, but it won’t be smooth sailing. THE LARGER MACRO PICTURE Last night, Dylan shared an extensive thread on Twitter covering the current macro picture across stocks, bonds and volatility in the market. In today’s Deep Dive, we’re expanding on some of those ideas and

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Warren Buffett in annual letter calls Apple one of ‘Four Giants’ driving Berkshire Hathaway’s value

Warren Buffett in annual letter calls Apple one of ‘Four Giants’ driving Berkshire Hathaway’s value

KEY POINTS Warren Buffett called Apple the second-most important business after Berkshire’s cluster of insurers. The “Oracle of Omaha” made clear he is a fan of CEO Tim Cook’s stock repurchase strategy. Berkshire’s Apple stake is now worth more than $160 billion, taking up 40% of its equity portfolio. Warren Buffett said he now considers tech giant Apple as

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Altcoin Roundup: 3 portfolio trackers NFT and DeFi investors can use to stay organized

Altcoin Roundup: 3 portfolio trackers NFT and DeFi investors can use to stay organized

Whether you’re a DeFi degen with 100 accounts in MetaMask or an NFT investor with an uncountable number of JPEGs, here are three portfolio trackers that can help you stay organized. The cryptocurrency ecosystem has seen a tremendous amount of growth over the past couple of years, as the introduction of decentralized finance (DeFi) and

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Tech stocks continue to slump as FY22 losses surpass last year’s

Tech stocks continue to slump as FY22 losses surpass last year’s

One97 Communications, the parent firm of Paytm, reported a loss somewhat similar to that of last year’s. It posted a net loss of Rs 1,631.50 crore during the nine months of FY22 against previous year’s net loss of Rs 1,696.10 crore.   By Yoosef KP The pack of new-age tech companies continued to fall, even

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European Parliament to Cancel Vote on Crypto Assets Framework

European Parliament to Cancel Vote on Crypto Assets Framework

The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an attempt to ban coins with energy-intensive mining sparked negative reactions. The lawmaker leading the legislative effort says the matter needs clarification before MEPs can have a say, but the head of the ECB has insisted

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What Stagflation Could Mean for Crypto Markets

What Stagflation Could Mean for Crypto Markets

The “S-word” combines the words stagnation and inflation, and describes an economy with high inflation and low economic growth. If you thought inflation was the worst thing that could happen economically as the world grapples with a post-pandemic recovery, get ready for stagflation. The term hasn’t been needed much since the 1970s. Stagflation describes an

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