Bitcoin Is Money, But CBDCs Are Not. – Bitcoin Magazine

This is an opinion editorial by Wes Craik, an independent Canadian writer and host of the FINterpreter YouTube channel. Central Bank Digital Currencies (CBDCs) will soon be operational in various countries and it’s important to note that they’re a form of money with intrinsic programmability. Rules can and will be set as to how these … Read more

Michael Saylor drops Microstrategy CEO role — Here’s what it means for bitcoin

A shakeup of MicroStrategy Inc.’s executive suite has crypto traders weighing the consequences for bitcoin as Michael Saylor drops his role as chief executive officer. MicroStrategy’s MSTR, +12.73% shares jumped almost 13% Wednesday, a day after the company said Michael Saylor would give up the CEO title and take on a new role as executive … Read more

Bitcoin channel used to push money into J-K to fund terror activities, says SIA

Srinagar: The State Investigation Agency (SIA) of J-K Police on Wednesday conducted raids at multiple locations in the union territory as part of investigations into the use of Bitcoin channel for funding terror activities, police said. They said a Pakistani mastermind has been pumping slush money to his agents in J-K to fuel mass violence … Read more

Bitcoin has already bottomed, has a fair value of $40,000, says Anthony Scaramucci

Anthony Scaramucci, founder and managing partner at SkyBridge Capital, said he believes that the worst of the crypto bear market has already passed, after crypto hedge fund Three Arrows, lender Celsius and broker Voyager went into bankruptcy. Scaramucci made the comments while bitcoin BTCUSD, -0.34% is still down 66% from its peak in November, trading … Read more

Is the crypto bear market over? Here’s what to watch.

Bitcoin and ether are on track to record their best month since last October, prompting some investors to ask if the crypto bear market is over. The No.1 cryptocurrency BTCUSD, -0.24% on Friday reached a high of $24,412, the loftiest level since June 13, according to CoinDesk data. Bitcoin went up more than 19% so … Read more

Opinion: Fidelity’s bitcoin move getting all the wrong publicity

What would Ned Johnson do? The late, great Fidelity Investments honcho built his family’s Boston-based money management firm into one of the biggest in the world over the course of a long career. Johnson died on March 23 of this year, age 91. On April 26, just over one month later, his daughter and heir, … Read more

Crypto market stands like Nasdaq in the early 2000s. Here’s why

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest in this bear market. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also … Read more

Bitcoin Global Money For World – Bitcoin Magazine

Globalization + What Is Money = Bitcoin What is money? It’s one of the more popular questions of the last few years. Especially in 2020 and 2021, when the grand, new U.S. administration decided to act as if a drunken sailor had taken over the keys to the printing press. “You get money, you get … Read more

Whose stock will rise as shops battle it out in cost of living crunch?

High street retailers often feature on investors’ shopping lists. Several are among the biggest listed companies in the UK and have a track record of paying out to investors even in tough times. The likes of M&S, Tesco and Sainsbury’s have proved resilient for over a century, getting through everything from the rationing of the … Read more

Too late to ditch Netflix and Tesla and invest in something less vibrant?

Most investors will see the value of their portfolios drop since the start of the year. Stock markets around the world have fallen as economic growth slows, inflation rises and war rages on in Ukraine. Several investors have come out unscathed. But some suffered far greater losses than others. Among those hardest hit were investors … Read more