Crypto News
-
Bitcoin Cash is the current mania in the Cardano ecosystem following a proposal by the network’s executive inviting the public to vote on X (formerly Twitter), about a possible integration. tweet Based on the post, the integration would mean elements such as Proof of Work Leios, NiPoPoWs, and Ergo tech come into the fold. Based on the latest update, over ...
-
Friday night’s ZeroHedge Debate explored which is the superior asset: Gold or Bitcoin. Arguing in favor of Gold were investor Peter Schiff and NYU economist Nouriel Roubini, who went toe-to-toe with crypto proponents Erik Voorhees, a cryptocurrency entrepreneur and wealth manager Anthony Scaramucci. video Schiff made the case that Bitcoin cannot be a ...
-
In the context of cryptocurrencies, “cost basis” refers to the initial outlay paid for digital assets. It is an important consideration when calculating capital gains or losses from the sale or disposal of cryptocurrencies. The capital gains or losses on an investor’s crypto sale are calculated as the selling price minus the cost basis. To avoid tax ...
-
For the first time since spot bitcoin ETFs were launched, Grayscale's Bitcoin Trust ETF (GBTC) saw a daily net inflow on Friday (of $63 million)... chart GBTC has dominated the outflows since inception (adding up to around $17.5 billion) since the 11 spot ETFs were launched on Jan 11. The inflow coincided with a sudden surge in aggregate net inflows to ...
-
post: FED'S WILLIAMS: INFLATION CONTINUES TO MOVE LOWER post: FED'S WILLIAMS: NO COMMENT ON INTEREST RATE OUTLOOKConnecting Theory and Practice Good afternoon. It's wonderful to be back at Stanford—especially with John Taylor chairing this panel. John was my advisor during my studies here, and he hired me as his research assistant in the early '90s. It was an extraordinary privilege to have those two most wanted positions. Based on some of my past speeches, you may expect me to give a few pop culture references from the '90s that capture my time at Stanford before I move on to the substance of my remarks. But the truth is, I was so focused on my studies that there wasn't time to rollerblade, listen to R.E.M., or go to the arcade just for fun. Instead, like many in this room, I chose to forsake fun for the study of economics. As a result, I am simply useless when it comes to '90s trivia. What brought me to Stanford back then was a sense of purpose. Growing up in the '70s and '80s, I witnessed the toll that economic turmoil, high inflation, and slow growth took on families. By the time I arrived at Stanford in the fall of 198
-
video The latest round of Gaza cease-fire talks ended in Cairo after “in-depth and serious discussions,” the Hamas militant group said Sunday, reiterating key demands that ...
-
Bitcoin (BTC) rallied 6.42% on Friday (May 3). Following a 1.16% gain on Thursday (May 2), BTC closed the session at $62,938. Investors reacted to the US Jobs Report and ISM Services PMI Survey. Weaker-than-expected data rekindled investor expectations of a September Fed interest rate cut. Average hourly earnings rose 3.9% year-on-year in April after ...
-
Coinbase, a leading cryptocurrency exchange, is entangled in a fresh legal battle as it faces a class-action lawsuit alleging investor deception. The lawsuit, filed in a US court in California San Francisco Division, represents plaintiffs from California and Florida. It accuses Coinbase and its CEO Brian Armstrong of misleading investors by offering tokens ...