Cryptocurrency Analysis and News Portal
On this episode of the ‘On Purpose’ podcast, independent registered investment advisor Tyrone Ross digs into the thorny topic of bitcoin and digital assets through the lens of your average financial advisor. As Tesla CEO Elon Musk adds “bitcoin” to his twitter biography and markets swing massively from bearish to
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When most people imagine the problems solved and industries disrupted by blockchain technology, the typical use cases come to mind: global currency, store of value and even a way to track goods on an immutable ledger.A good starting point in understanding what drives the adoption of new technology is to
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Crypto lender Cred’s bankruptcy is more than it appears. Two publicly traded bitcoin mining firms reported this week: Neither are profitable. ECB President Christine Lagarde has a “hunch” about the digital euro. Top shelfChapter…12?Cred’s Chapter 11 bankruptcy filing doesn’t tell the whole story. With $67.8 million in assets and $136 million
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Sony has released a brand new teaser trailer for its next-gen PS5. An accompanying PlayStation Blog shares insight from developers about the console’s SSD and Tempest 3D Audio Engine. Still no price or release date announcement on the horizon. With no price or release date in sight, Sony continues to push out marketing
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Economist David Rosenberg said in a recent interview that the S&P 500 rally lacks fundamentals and valuations. Fed-induced liquidity and risk-taking investors are fueling the ongoing rally. A key metric has hit near zero for the first time since the dot-com bubble in early 2000. The S&P 500 Index has soared 56.8% since
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Rumors of a new hardware revision for the Nintendo Switch have leaked online. The new hardware revision is thought to be the rumored ‘pro’ version of Nintendo’s latest console. This hardware revision could be the thing that Nintendo needs to keep substantial growth throughout the next console generation. The Nintendo Switch has been
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Jan Marsalek, the former chief operations officer of Wirecard who went missing after his supposed trip to the Philippines last month to chase the missing 2 billion Euro in the company’s books, has been located in Belarus. Marsalek reportedly entered the Philippines via Manila before flying to Cebu City and then
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Major fintech company WireCard, which issues Crypto.com’s debit cards, has fallen into controversy as some of its employees appear to have defrauded the company.As reported by the Financial Times on June 18, auditors from Big Four accounting company EY “could not confirm the existence of €1.9bn in cash,” or about
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Dr. Steven Waterhouse, a founding partner of Pantera Capital, says that his biggest regret as a VC is not investing in the Ethereum (ETH) Initial Coin Offering (ICO), but he learned his lessons from his mistake.Waterhouse received his doctorate from Cambridge University back in 1997. He launched several successful ventures
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Canadian cryptocurrency investor, Salim Satir, has filed a lawsuit against cryptocurrency exchanges, Gatehub and Bitstamp, with the High Court of Justice of England and Wales over $4.9 in purported losses.The plaintiff claims that the losses resulted from misleading statements on Gatehub’s website purporting to detail its Bitcoin (BTC) to Ripple
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