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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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Top 3 Metaverse Crypto Coins You Should Have in Your Portfolio

Top 3 Metaverse Crypto Coins You Should Have in Your Portfolio

#1 Decentraland (MANA) Initially launched in February 2020, Decentraland is the original Metaverse crypto coin and the pioneer in this sector. My personal favorite, Decentraland, features a 3D in-browser experience with hundreds of places to visit and explore. Decentraland is the highest-valued Metaverse crypto coin on the market, currently valued at over $5.9 billion. As

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Ethereum Mining Pool Flexpool Halts All Services to Russia in Wake of Ukraine Invasion

Ethereum Mining Pool Flexpool Halts All Services to Russia in Wake of Ukraine Invasion

The pool is possibly the first of its kind to cut services to Russian users. Flexpool, the world’s fifth-largest Ethereum mining pool, became possibly the first of its ilk to cut services to Russian users following the country’s invasion of Ukraine. The move was taken to show solidarity with Ukraine. “We generally do not get involved

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Rakuten launches NFT marketplace to capitalize on growing adoption in Japan

Rakuten launches NFT marketplace to capitalize on growing adoption in Japan

The explosion of NFT popularity in 2021 is continuing apace in the new year. Major Japanese e-commerce firm Rakuten has announced the launch of its own nonfungible token (NFT) trading platform dubbed Rakuten NFT. The firm initially revealed its plans to launch a proprietary NFT marketplace in 2021 amid the growing popularity of nonfungible tokens worldwide. According

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FOOD CHAIN EVERBOWL TO LET EMPLOYEES GET PAID IN BITCOIN

FOOD CHAIN EVERBOWL TO LET EMPLOYEES GET PAID IN BITCOIN

The California-based business said the move aims to provide an alternative savings vehicle for its employees. Corporate employees of superfood chain everbowl now have the option to receive a portion of their salaries in bitcoin, the company said in a press release Wednesday. “We are proud to be at the forefront of exploring how Bitcoin

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