Optimism Grows as Mt. Gox Chapter Ends and Bitcoin Turns the Page
The death bells tolled loudly for Mt. Gox this week as the threads of its elaborate cloak of cover-ups, lies and poor business practices came undone, first with the release of documents the revealed a struggling company desperately seeking new capital, then ultimately with its formal bankruptcy filing on 28th February. The news reverberated beyond the industry, with mainstream media plunging headlong into the sensational story that was likened to some of the more infamous debacles in the history of the traditional financial system, such as Lehman Brothers and Bear Stearns. Still, increased....
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Let’s finish the 4th chapter once and for all, book lovers. As promised, we’re going to take government money to court and analyze its track record. How do you think it did? We’ll also analyze the hyperinflation phenomenon, which as it turns out, “is a form of economic disaster unique to government money.” How does […]
“We’re nearing the end of a chapter and the beginning of the next — one driven by community ownership and governance,” noted Optimism. The native token prices from multiple projects that employ Ethereum Layer 2 scaling solution Optimism have spiked around 20% amid rumors that the network will soon launch a token and airdrop it to the community. Optimism is a Layer 2 scaling solution that utilizes Optimistic rollups to process a high amount of transactions off the Ethereum blockchain. The project touts that it can operate smart contracts 5 to 500X cheaper than Ethereum's Layer 1. According....
Here we go, Bitcoin lovers! It’s capital accumulation time. Saifedean Ammous’ “The Bitcoin Standard” is flying by. However, we must forget about doing a chapter a week. This book is just too chunky, every page is filled with meaty information that refuses to be ignored. There are too many gems for just one of these […]
It’s great that the founder decided to give us one more chapter of Litecoin‘s story. Let’s tie up loose ends and wrap this whole series with a bow on top. As it turns out, Charlie Lee returned to his job at Coinbase. Was the company more supportive this time around? Plus, as we warned you last time, at one point Lee sold all of his LTC. What were his reasons to do that? Did he have a plan? And, more importantly, did the plan work? Related Reading | Charlie Lee Sums Up Litecoin’s 10 Years History. Part Two: Exchanges + Betrayal Learn all of that and more in the concluding chapter of....
The U.S. Securities and Exchange Commission (SEC) has tweeted about investing in funds that hold bitcoin futures contracts. This has sparked optimism within the crypto community that the regulator may soon approve bitcoin exchange-traded funds (ETFs), especially those investing in bitcoin futures.
Optimism Grows That SEC Will Approve a Bitcoin Futures ETF Soon
The official Twitter account for the SEC’s Office of Investor Education and Advocacy tweeted Thursday: “Before investing in a fund that holds bitcoin futures contracts, make sure you carefully weigh the....