Ethereum Smashes Records as DeFi Hype Sends Transactions and Miner Revenue Soaring
Miners may be the real winners from DeFi as a surge in Ethereum activity sees them earn a record $16 million in a day. Source
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Sends
Boring Bitcoin Sends Tron’s TRX Up By 17% in Three Days; What’s Next
Tron’s native token TRX was among the top gainers on Tuesday as its price jumped by up to
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IRS, Ignoring Its Own Watchdog, Sends Letters About Crypto Taxes Once Again
Less than a year has passed since the IRS first sent taxpayers cryptocurrency "soft letters." Source
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Fiat Faces Bitcoin ‘Flattening’ as Covid-19 Sends M2 Supply Over $18T
[sociallocker id="55298"] The battle of Bitcoin (BTC) versus fiat money is witnessing not a flippening but a “flattening” as coronavirus upends economic policy.A chart of the United States’ M2 money supply compared to the largest cryptocurrency shows that while one is leveling out its supply, the other is going “parabolic.”BTC
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First Mover: Bitcoin’s 2020 Rally Sends Message to Capitalists as Despair on Wall Street Grows
Bitcoin's rally last week as the Standard & Poor's 500 Index of U.S. stocks floundered served to underscore just how different the conversations are right now in digital asset markets and traditional finance.As high-profile investors including Stanley Druckenmiller and David Tepper were warning of looming bankruptcies, overvalued stocks and the increasingly distant chances of a rapid economic recovery,
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Dow Futures on Edge after Shining Gold Sends Stock Market Warning
Dow Jones Industrial Average (DJIA) futures were marginally lower ahead of the bell on Thursday. Gold hit a seven-year high as investors hedge against coronavirus economic impact. Stocks and gold rallying together are ‘striking’ and could be a warning sign for global stock markets. Dow Jones Industrial Average (DJIA)
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Bloomberg-Clinton 2020 Sends One Signal to Bernie Voters: ‘Screw You!’
Matt Drudge reported Saturday that Michael Bloomberg is considering Hillary Clinton for vice president – if he gets the Democratic nomination. While it’s unlikely Bloomberg will make it that far, picking Clinton would hardly give him a unity ticket. A Bloomberg-Clinton ticket would keep Democrats in Wall Street’s good graces. But there’s
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Explosion in Coronavirus Cases Sends Gold to 10-Day High
Gold peaked at $1,518.70/oz. Thursday and is on track for its highest settlement in ten days. Alarmed by the recent spike in coronavirus infections, investors piled into bullion and other haven assets to mitigate risk. U.S. consumer-price growth was muted in January but above trend compared with a year ago. The price of
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Mysterious Egg Tweet Sends No Man’s Sky Buffs on a Wild Goose Chase
No Man’s Sky creator Sean Murray tweeted an emoji egg earlier this week. Players are speculating that he is hinting at a new feature or even an Easter update. Data mining of the game’s code suggests there’s more to it than meets the eye. The No Man’s Sky community has been busy mining
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Danish Tax Agency Sends Warning Letters to Suspected Crypto Tax Evaders
In the letters, crypto users are asked to provide information such as profits and losses for the 2016-2018 income period, including for crypto-to-crypto trades. Respondents must further provide the rates at the time of the trades and the purpose of the transactions. Other required information includes proof of wallets created,
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