Bitcoin Songsheet: How Fiat Money Ruins Civilization
Fiat money leads to a degradation of incentives, creating a society motivated only by the consumption of resources and zero value production.This is an opinion editorial by Jimmy Song, a…
FTX Exchange Release Day One Bankruptcy Filing: “Complete Failure”
The newly appointed CEO of FTX provides initial bankruptcy filing calling previous management a “complete failure” and details misuse of corporate funds.FTX Exchange, following the collapse of its business, has…
El Salvador To Buy One Bitcoin Every Day: President Bukele
El Salvador President Nayib Bukele yesterday announced the country would begin purchasing one bitcoin every day, starting today.Nayib Bukele, President of El Salvador, announced late last night that the country…
Scarce City Launches Bitcoin ECommerce Platform SatsCrap
The marketplace lets users buy and list any legal products in return for bitcoin and is running a holiday promotion until November 28.Scarce City, a bitcoin-focused marketplace, has launched a…
The Crypto Contagion Intensifies With More Dominoes To Fall
A look into the next potential dominoes in the crypto native contagion, along with a comparison of the recent historic levels of withdrawals. The below is an excerpt from a…
BTC Price Prediction – Are We Going Back to $16k Today?
Bitcoin has had a relatively challenging week. The crypto asset dropped below $16K amid the fallout from the FTX debacle. In the last 24 hours, [...]
US Senator Urges Congress to Pass Her Crypto Bill — Claims It Would’ve Prevented FTX Bankruptcy
U.S. Senator Cynthia Lummis believes that the FTX bankruptcy wouldn’t have happened under the Lummis-Gillibrand crypto bill. She stressed: “It’s clearer now than ever before that we need comprehensive regulation…
