Trading Bitcoin’s like trading stamps, says Swedish central bank governor

The governor of Sweden’s central bank, the Sveriges Riksbank, has dismissed Bitcoin (BTC) as an altogether far-fetched alternative to government-backed fiat currencies. Speaking at a banking conference in Stockholm, Sveriges Riksbank governor Stefan Ingves argued, “Private money usually collapses sooner or later.” In a further disparaging remark, he claimed, “Sure, you can get rich by… Continue reading Trading Bitcoin’s like trading stamps, says Swedish central bank governor

Andrew Barnes: What it’s like living with Delta in the UK

OPINION: It was pleasing to see the Government begin to enunciate a roadmap for New Zealand out of the current restrictions last week. Governments have to be cautious – but we also need to ensure that they draw upon global experience as part of the process. We have educated ourselves and our whānau to be… Continue reading Andrew Barnes: What it’s like living with Delta in the UK

Buying Bitcoin is like entering a minefield, Bank of Russia exec says

The Russian central bank has once again reiterated its negative stance on Bitcoin (BTC), with one of the bank’s top executives comparing the cryptocurrency with a pyramid scheme. Sergey Shvetsov, the first deputy governor at the Bank of Russia, expressed the authority’s concerns over cryptocurrency investment in a Wednesday interview, warning about the perceived risk… Continue reading Buying Bitcoin is like entering a minefield, Bank of Russia exec says

More like ‘shock-to-flow’ — BTC price hits bull trigger as mystery buyers scoop up supply

Bitcoin (BTC) is due for a fresh price surge if one classic price model repeats historical behavior — and buyers are still supporting it. In a tweet on Tuesday, analyst William Clemente III noted that BTC/USD has reached a bullish springboard zone on the stock-to-flow model. Analyst “likes odds” of the stock-to-flow induced bull trigger.… Continue reading More like ‘shock-to-flow’ — BTC price hits bull trigger as mystery buyers scoop up supply

There is much to like in Wise’s direct approach to London listing

It will hopefully chip away at the outrageous fees investment banks charge in conventional IPOs Last modified on Thu 17 Jun 2021 14.56 EDT Hurrah, Deliveroo’s float flop didn’t kill the appetite for tech listings in London. Actually, the gloomy theory always looked far-fetched. Investors are capable of distinguishing between a loss-making fast food delivery… Continue reading There is much to like in Wise’s direct approach to London listing

Political winds — like those in Britain — mean trouble for Democrats in US

More On: united kingdom Capital paw-nishment: Why this Chihuahua is facing the ‘death penalty’ UK mask-wearing, social distancing to be relaxed on June 21 9-year-old boy killed by lightning while playing soccer Mom who rushed baby to hospital after finding ‘hole’ in his mouth left embarrassed in ER Five years ago next month, British voters,… Continue reading Political winds — like those in Britain — mean trouble for Democrats in US

UFO that looks ‘just like 600-year-old biblical painting’ spotted near ISS sparking wild conspiracies

A UFO bearing an uncanny resemblance to a 600-year-old biblical painting was spotted flying past the International Space Station (ISS), sparking a series of wild conspiracy theories. The cone-shaped object is "almost identical" to the religious artwork that dates back to 1350, according to YouTuber 'MrMBB333'. The ancient illustration, found hanging on the walls of… Continue reading UFO that looks ‘just like 600-year-old biblical painting’ spotted near ISS sparking wild conspiracies

US can grow 'like crazy' if DC gets out of the way: Brenberg

Health care, education spending on ‘chopping block’ in Biden bill: Brenberg Fox News contributor Professor Brian Brenberg on Biden’s infrastructure bill. The King's College Professor of Business and Economics, Brian Brenberg, joined ‘Varney & Co.’ Thursday said President Biden's spending plan puts the U.S. at the "very top" of the corporate rate table and argued… Continue reading US can grow 'like crazy' if DC gets out of the way: Brenberg

Banning Bitcoin is like rejecting the US dollar, entrepreneur warns India

An Indian cryptocurrency ban would have grave implications for the future of the country’s economy, and would result in currency devaluation “of the worst form,” says blockchain entrepreneur and HashCash CEO Raj Chowdry. Chowdry, also the managing director of the United States-based PayBito cryptocurrency exchange, said India’s rejection of Bitcoin (BTC) and other cryptocurrencies would… Continue reading Banning Bitcoin is like rejecting the US dollar, entrepreneur warns India

‘It’s like they’re taking over’: Residents wrangle with students over patch of green in Albert Park

Students of booming Albert Park College are being pitted against nearby residents aggrieved at their daytime use of a local park, setting up a council vote over whether public open space should double as a school recreation zone. Port Phillip Council will on Wednesday night vote on a proposal to restrict college access to neighbouring… Continue reading ‘It’s like they’re taking over’: Residents wrangle with students over patch of green in Albert Park

Bitcoin ETF approval more likely under new SEC leadership, says Ark Invest CEO

Ark Investment Management founder and CEO Cathie Wood said the likelihood that U.S. regulators will approve a Bitcoin exchange-traded fund has gone up under the Biden administration. In an interview with CNBC’s Bob Pisani today, Wood said there were two signs that the Securities and Exchange Commission might be more open to greenlighting a Bitcoin… Continue reading Bitcoin ETF approval more likely under new SEC leadership, says Ark Invest CEO

Bitcoin ETF approval more likely under new SEC leadership, says Ark Invest CEO

Ark Investment Management founder and CEO Cathie Wood said the likelihood that U.S. regulators will approve a Bitcoin exchange-traded fund has gone up under the Biden administration. In an interview with CNBC’s Bob Pisani today, Wood said there were two signs that the Securities and Exchange Commission might be more open to greenlighting a Bitcoin… Continue reading Bitcoin ETF approval more likely under new SEC leadership, says Ark Invest CEO

What funerals may look like in the future from water cremation to skyscraper cemeteries

THE UK had more deaths in 2020 than at any other time since the Second World War thanks to the pandemic – which might have caused toxic mercury levels to shoot up too. The government is now investigating if crematoria being open for longer could have led to an increase in the deadly substance in… Continue reading What funerals may look like in the future from water cremation to skyscraper cemeteries

Croatia earthquake ‘like Hiroshima’ as seven killed and 20 injured after tremors make town ‘unlivable’

SEVEN people have died after a 6.4-magnitude earthquake "like Hiroshima" rocked central Croatia yesterday. Emergency workers in the town of Petrinja, dubbed "unlivable" following the disaster, are searching for survivors through the rubble of wrecked buildings. A 12-year-old girl was the first victim to be confirmed as dead in the town – half of which… Continue reading Croatia earthquake ‘like Hiroshima’ as seven killed and 20 injured after tremors make town ‘unlivable’

Trump 'was like Mad King George muttering "I won, I won, I won"'

How Trump ‘was like Mad King George’ following his election defeat: President repeatedly muttered ‘I won, I won, I won’ before turning to loyalists like Giuliani who told him what he wanted to hear, White House insiders reveal Both Trump and Giuliani  have claimed that Democrats falsified mail-in ballots  His advisers are said to have… Continue reading Trump 'was like Mad King George muttering "I won, I won, I won"'

AOC: Progressive policies like 'Medicare-for-all' are still in play

Varney on AOC: Why do the people of New York support someone who is killing their economy? FOX Business’ Stuart Varney sounds off on Alexandria Ocasio-Cortez for killing jobs and ruining New York’s economy Rep. Alexandria Ocasio-Cortez, D-N.Y., dismissed the idea that Americans' rejection of progressive policies cost Democrats a number of House seats in a series of tweets, saying all… Continue reading AOC: Progressive policies like 'Medicare-for-all' are still in play

It looks like the SEC isn't done with trading app Abra just yet

Back in July, the Securities and Exchange Commission alongside the Commodity Futures Trading Commission fined investment app Abra for providing trading on synthetic assets.  At the time, that looked like the end of the matter. However, in response to Cointelegraph’s Freedom of Information Act (FOIA) request for details in the Abra case, the SEC cited… Continue reading It looks like the SEC isn't done with trading app Abra just yet

Defi bubble is like the ICO boom! Is that a good thing though?

Around four months ago the crypto winds started blowing towards defi. The total value locked up in defi-related protocols increased from about $1 billion to $10 billion. Although a lot of this hype began after Compound’s Comp token, there was a new bubble – it was the governance protocol/token bubble. Source: Defipulse Defi aka decentralized… Continue reading Defi bubble is like the ICO boom! Is that a good thing though?

DeFi right now is like ‘trying to fly to the moon in a cardboard box’ — Diginex CEO

The decentralized finance, or DeFi, sector of the crypto industry has been bursting with exuberance, innovation, and speculation in recent months. The niche is still very much in its infancy, however, according to Richard Byworth, CEO of digital finance company Diginex. “I do believe that DeFi is the future potentially down the road,” Byworth said… Continue reading DeFi right now is like ‘trying to fly to the moon in a cardboard box’ — Diginex CEO

It’s now looking like the lockdowns may have been a huge mistake

Were lockdowns a mistake? To that nagging question, the answer increasingly seems to be yes. Certainly, they were a novelty. As novelist Lionel Shriver writes, “We’ve never before responded to a contagion by closing down whole countries.” As I’ve noted, the 1957-58 Asian flu killed between 70,000 and 116,000 Americans, between 0.04 percent and 0.07… Continue reading It’s now looking like the lockdowns may have been a huge mistake

Looks Like DeFi is Coming to Prediction Markets

PlotX seeks to create robust prediction markets for the burgeoning DeFi space by taking a slightly different approach than Augur and other similar projects. Its founder Ish Goel told Cointelegrpah that his company follows in Uniswap’s footsteps: What Uniswap did for exchanges, PlotX essentially is planning to do that with prediction markets. Unlike many of… Continue reading Looks Like DeFi is Coming to Prediction Markets

Tech Like CBDCs Central to Senate Hearing on China-US Competition

On July 22, the Senate Banking Committee’s Subcommittee on Economic Policy held a hearing on the role of innovation in the rising com Today’s hearing comes on the heels of a Department of Justice indictment yesterday against several hackers accused of working for the Chinese government to steal trade secrets from U.S. companies as well… Continue reading Tech Like CBDCs Central to Senate Hearing on China-US Competition

Looks Like the Loom Network Has Thrown in the Towel

According to available information at press time, sources show a highly uncertain future for the Loom Network, a platform-as-as-service blockchain project. Cointelegraph investigated a number of Loom Network communication channels, finding no firm proof of a live project. A May 8 tweet from Bruno Skvorc, owner of blockchain and cryptocurrency education platform, Bitfalls, led Cointelegraph… Continue reading Looks Like the Loom Network Has Thrown in the Towel

At times like these, it’s important to keep a sense of history

Comparisons are being drawn between the economic challenge posed by the coronavirus and the global financial crisis. Which is fair enough, given estimates from the Reserve Bank that the virus – and the reaction to it – will wipe half a per cent off Australia's economic output this quarter. But at times like these it's… Continue reading At times like these, it’s important to keep a sense of history