That said, in the same interview, Munger suggested that although he wished crypto had “never been invented” or was regulated out of existence it’s likely to stick around for the long haul. “We can’t do much about it, so we spend our time on the matters we can do something about,” he said. (He did say, if he were the “benign dictator of the world,” he’d make it “infeasible” to make short-term profits from securities.) Source
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On Tuesday, the team behind the Umbria network announced the launch of the new Narni cross-chain Avalanche bridge. Umbria says the bridge is 90% cheaper than the official Avalanche bridging solution allowing users to move ether between the Ethereum blockchain and the Avalanche network. Narni Cross-Chain Bridge Adds Avalanche Solution During the last two weeks the price of avalanche (AVAX) has increased 33.4% and this week, AVAX made its way into the top ten crypto positions in terms of market capitalization. As far as the total value locked (TVL) in…
On-chain data shows the Ethereum netflows are sharply turning positive, a sign that could prove to be bearish for the crypto. Ethereum Exchange Reserve Rises As Netflows Become Positive As pointed out by an analyst in a CryptoQuant post, exchanges have observed net ETH inflows recently, swelling up their reserves. The “all exchanges netflow” is an indicator that measures the net amount of Ethereum moving into or out of wallets of all exchanges. The metric’s value is calculated by taking the difference between the inflows and the outflows. When the…
Bit2Me, a leading Spanish crypto exchange, has obtained approval from the Bank of Spain to be the “first provider of services for the exchange of virtual currency for fiat currency and the custody of digital wallets,” the company announced Thursday. Source
Despite Thursday’s selloff in cryptocurrencies, cosmos managed to hit its highest level in the last week. The rally came as one of yesterday’s big gainers, THETA, slipped in today’s session. Biggest gainers Cosmos (ATOM) moved higher in today’s session, despite the global cryptocurrency market cap falling by over 3% as of writing. ATOM/USD rose to a peak of $30.79 earlier today, following its climb from yesterday’s low of $27.97. This recent surge in the price of ATOM, comes after a Valentine’s day bounce of its support level at $25.90. Since…
Late Wednesday, internet detective and Youtuber Coffeezilla published a new video documenting how himself, along with members of the blockchain community, took down an alleged $20 million nonfungible tokens, or NFT, scam before it could come to fruition. As told by Coffeezilla, a lot of user hype previously existed for a novel crypto project called “Squiggles,”, which had an NFT drop scheduled for Feb. 10. At the time, Squiggles had amassed over 230,000 followers on Twitter. Hours before the anticipated drop, an anonymous user published a 60-page report that alleged…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This video was modified from this morning. Previous version wasn’t appearing in subscription feeds. Visit ** ** and enroll in the Blockchain Backer’s Exit Plan Strategy to Cryptocurrency course for charting tips and tricks, best practices, complete analysis of the cryptocurrency market and exit plans, all designed to build a rock solid mindset. Get your own cryptocurrency domain by visiting Unstoppable Domains at My interview with the Unstoppable Domains co-founder: To send me XRP, BTC, ETH, LTC, BCH, or ADA, you can…
Gary Gensler, chair of the U.S. Securities and Exchange Commission, has responded to a letter from lawmakers calling the regulator denying approval of Bitcoin spot exchange-traded funds “unacceptable.” In a Tuesday letter from Gensler addressed to Minnesota Representative Tom Emmer, the SEC chair hinted that the regulatory body was no closer to approving a Bitcoin (BTC) spot ETF in the United States capable of preventing “fraudulent and manipulative acts and practices” by the standards of the Exchange Act. Gensler reiterated his stance of being technology-neutral, but that he would give…
February 17, 2022 – San Diego, California ASK, the digital currency for permission marketing, empowers consumers to earn from their personal data while providing brands with an engaged audience. Permission.io, the leader in web 3.0 advertising and creator of the world’s first crypto rewards ad platform, today announced that the ASK digital currency will be listed on Gate.io, one of the top 10 cryptocurrency exchanges globally with over 10 million registered users. ASK will begin trading on Gate.io on February 17, 2022, with an ASK/USDT pairing. The exchange offers spot,…