Day: June 15, 2022

Wall Street Is WRONG About COINBASE Stock | NFT marketplace, Subscription | COIN Stock

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, I will be talking about why I feel Wall Street is wrong about Coinbase stock, going over the recent Q4 earnings report, and talk about the future NFT marketplace as well as a potential new subscription product. 👉 Follow my portfolio on StockCard.io & use “couchinvestor” promo code to upgrade to VIP: A portion of this video is sponsored by The Motley Fool. Visit [www.Fool.com/couchinvestor]​ to get access to my special offer. The Motley Fool Stock Advisor returns are…

Why The NFT Bubble Isn’t Sustainable Without Research Tools

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NFTs are the first generation of blockchain-based digital collectibles that change how the world thinks about art, investing, and ownership. But the sheer number of NFT projects and collections combined with the complexities of analyzing their value, have made it difficult for investors to make decisions based on anything more than hype. The first NFTs were launched in 2013 though NFTs first came around in 2012. The hype around them was intense, but it took a few years for the market to reach its current size and maturity. Despite being…

BitMEX’s Delo Will Not Face Prison After Guilty Plea

A spokesperson from Smith Villazor, the firm representing Delo, said, “We are pleased that the Court appropriately rejected the government’s cynical attempt to exaggerate the seriousness of the Bank Secrecy Act charge in this case. Today’s sentence of probation recognized that this case involved a compliance lapse that led to a regulatory violation – and nothing more.” Source

NFTs, According to Bill Gates, are “100% based on bigger fool theory”

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Microsoft co-founder Bill Gates, while delivering his latest thoughts on cryptocurrencies and non-fungible tokens (NFT) at a TechCrunch conference on climate change Tuesday, says, “You have an asset class that’s 100% based on some sort of greater fool theory that somebody’s going to pay more for it than I do.” Important to note is that this isn’t the first time the philanthropist and entrepreneur has cast doubt on digital assets. Gates reportedly claimed he doesn’t enjoy investing in cryptocurrencies since their worth is reliant on what someone else…

Ukraine-based blockchain firm announces ‘we’re still hiring’ amid market downturn, war

Sergey Vasylchuk, the chief executive officer of Ukraine-based decentralized staking provider Everstake, has said the company will continue to hire crypto professionals amid a market downturn and ongoing conflict in the country.  In a Wednesday Twitter thread, Vasylchuk said Everstake had hired 30 people since the Russian war against Ukraine started in February, and the firm still had more than 10 positions in marketing and development to fill. According to the CEO, Everstake is “not firing anybody” and had made preparations for a “special fund” to tide the firm over…

8 In-Demand Cryptocurrency Jobs

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 8 in-demand cryptocurrency jobs: What is cryptocurrency: As the demand for cryptocurrency increases, so does the number of crypto jobs. Many Fortune 500 companies, including Apple, Amazon, and PayPal, are looking for people to fill cryptocurrency jobs. Here we’ll cover the skills needed for a career in crypto, and some of the most in-demand cryptocurrency jobs on the market. Do you think cryptocurrency jobs will continue to grow in popularity? Why or why not? Leave your thoughts in the comments below, and…

Did A Bitcoin “Zig-Zag” Shake Out The Crypto Market?

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Bitcoin price is shockingly close to its former 2017 peak, causing widespread panic, fear, and despair across the crypto market. But could the violent move down be a text book zig-zag correction? And if so, what does this mean for the crypto market next? Bitcoin Price Action Follows Deadly Zig-Zag Pattern Despite the narrative from 2020 forward that Bitcoin and cryptocurrencies had matured has an asset class, the recent collapse reminded the world that digital assets remain speculative. Speculative assets are driven by pure emotion, since there aren’t ideal ways to…

Former president of the New York Stock Exchange joins Uniswap Labs as an advisor

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On Wednesday, Uniswap announced that former New York Stock Exchange president Stacey Cunningham will join the company as an advisor. Cunningham served as the first female president of the New York Stock Exchange after beginning her career as a trader on its floor. She said in a statement that she believes in the potential of Uniswap’s commitment to fairer markets.Uniswap is betting on her experience with TradFi translating over to DeFi to further help them evolve their place in Web3. Cunningham has also been listed as one of BBC’s 100 Women,…

Ankr partners with Optimism to provide a fast and reliable RPC service for users

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Ankr, a company that provides one-click node deployment and Web3 infrastructure, has announced that it will become a remote procedure call provider for Optimism. Optimism is an open-source Layer 2 scaling solution for Ethereum that focuses on speed and efficient transactions across the network. It has caught the eyes of many in recent months, including Ethereum co-founder Vitalik Buterin. This is a great example of why I’m so proud of @optimismPBC for adding non-token governance (the Citizen House). Optimism explicitly has goals *other* than just “make OP go up”, and…

US House Ways and Means chairman asks the GAO to check out crypto in retirement plans

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Chairman of the United Sates House of Representatives Ways and Means Committee Richard Neal sent a letter to the Government Accountability Office (GAO), a legislative branch watchdog, asking the agency to weigh in on the use of cryptocurrency in retirement plans. Defined contribution plans, such as the 401(k), are increasingly allowing savers to incorporate cryptocurrency in their plans, the lawmaker said, and concerns have arisen over crypto’s volatility and limited oversight.  Neal asked the GAO to compile a list of firms offering crypto options in their 401(k) plans, with an…