We're Heading To $0 | Explained

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Explaining how crypto and Bitcoin is all headed to $0: ► Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. See important Masterworks disclosures: ► Get up to a $250 in Digital Currency: ► Get $100 Bitcoin for retirement: ► How I went from Zero To A Million: ► My Stock Portfolio + Stock Tracker: ► Get 2…

3AC’s founders are nowhere to be found

In the world of crypto, there’s no such thing as “too big to fail.” Three Arrows Capital, once the most recognizable hedge fund in the industry, has essentially gone belly-up after its founders believed their own hype and decided to go full-degen mode during the worst macro climate of a generation. Since the proverbial shit hit the fan last month, founders Kyle Davies and Su Zhu have kept a very low profile. So low, in fact, that their whereabouts remain a mystery, according to court documents.  This week’s Crypto Biz…

Finder’s Fintech Experts Predict Cardano Will End the Year at $0.63 per Unit – Markets and Prices Bitcoin News

Following the recently published bitcoin price prediction report issued by the product comparison web portal finder.com, the site’s researchers polled 53 financial technology (fintech) specialists in order to forecast the future value of cardano (ADA). According to the survey’s participants, cardano is expected to end the year at $0.63 per unit and 51% of the respondents think the Vasil hard fork will bolster the crypto asset’s utility. 53 Fintech Specialists Surveyed Attempt to Forecast Cardano’s Future Fiat Value Researchers at finder.com have been printing a wide variety of prediction reports…

SEC commissioner Allison Lee departs, readying financial regulator for Jaime Lizárraga

Allison Herren Lee, one of five members of the United States Securities and Exchange Commission’s board, has officially left the regulatory body after more than three years as a commissioner. In a Friday announcement, chair Gary Gensler and commissioners Hester Peirce, Mark Uyeda, and Caroline Crenshaw said Lee had left the SEC, where in 2005 she started as a staff attorney at the agency’s enforcement division at a regional office in Denver. She moved on to be appointed a commissioner in 2019 under the former presidential administration, and later served…

Elon Musk & Cathie Wood: Ark Invest conference! Discussion of Bitcoin and Ethereum

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ARK Investment Management LLC is an American investment management firm based in St. Petersburg, Florida that manages several actively managed exchange-traded funds. It was founded by Cathie Wood in 2014. As of February 2021, the company had $50 billion in assets under management. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Time to accumulate? 5 sectors to watch during crypto winter

It’s weird to think that anyone could look forward to downturns in the crypto market, but that is precisely the position held by many developers and project creators who enjoy the low-pressure environment that exists during a bear market.  As the saying goes, bear markets are for building, and now is one of the best times to survey the landscape to see which sectors of the market are most active in designing the platforms that will soar to new heights in the next bull cycle. Here’s a look at five…

US lawmakers ask about EPA, DOE monitoring of crypto mining emissions, energy consumption

Democratic legislators from both houses of the United States Congress have sent a letter to the Environmental Protection Agency (EPA) and Energy Department (DOE) to inform them of their findings on the energy consumption of cryptocurrency mining and asking the agencies to require mining to report their emissions and energy use. Meanwhile, the Paraguayan Senate, the upper house of that country’s legislature, has passed a comprehensive bill to regulate cryptocurrency and allow miners to use excess electricity generated in the country.  The six U.S. lawmakers, led by crypto cynic Elizabeth…

DeFi market fell off the cliff in Q2, but there’s hope

Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the major developments over the last week. This past week, the DeFi ecosystem saw several new developments despite a bearish phase brought on by the lending crisis in the crypto market. Another crypto lender, Celsius, with high stakes in DeFi protocols, filed for bankruptcy. The overall DeFi market fell to new lows in the second quarter. However, a new report indicates users haven’t given up hope. BNB Chain launched…