Over the weekend, around $10 billion in bitcoin and crypto long positions—bets the bitcoin price will rise—were liquidated as fear gripped the bitcoin market, sending the bitcoin price down over 10% in a matter of hours. The sudden sell-off came after a heady week of bitcoin and crypto hype surrounding the market debut of major […]
So they decided to form an organization and pay an ex-CIA director to lend his prestige and credibility to a report that distorts the truth and whitewashes the huge and ongoing use of Bitcoin and other cryptocurrencies as key parts of criminal enterprises. “In An Analysis of Bitcoin’s Use in Illicit Finance, a study authored […]
Papa & Barkley Social is the new weed consumption space from the minds of cannabis wellness brand Papa & Barkley and Northern California restaurant group Humboldt Social. The space was a labor of love: Papa & Barkley reconstructed a shuttered K-Mart, turning it into a high-tech, flourishing cannabis production facility. “Papa & Barkley was lucky […]
Another big trend of 2020 was that of Canadian licensed producers focusing on improving product quality, branding and consumer experiences. And we can only expect this trend to continue in the next stage of Canadian cannabis, the researchers assure. Javier Hasse is a cannabis, hemp, CBD and psychedelics-focused reporter, currently serving as Managing Director for […]
When April 20th or 420 launched several decades ago, it was nothing more than an annual ritual for marijuana enthusiasts to light up and celebrate their love of the plant. One example is Scott Sundvor, CEO and co-founder of Space Coyote, a San Francisco-based infused joint maker. For her, 420 is a day to honor […]
Bitcoin has had quite a pandemic. It’s all happened before. are close to offering bitcoin to their wealth management clients. The problem Goldman and Morgan Stanley are solving is that many customers, especially those who prefer to keep their financial transactions outside the digital space, don’t know how to buy bitcoin, while more the tech-savvy […]
Building on its relatively new service letting Paypal’s 375 million customers buy, hold and sell cryptocurrency directly from their accounts, Dan Schulman, Paypal CEO, said on Tuesday that the company’s recently launched “Checkout With Crypto” service, which encourages purchases with bitcoin, ether, and other cryptocurrencies, will easily reach $200 million transaction volume within months. But […]
Bitcoin went through its third halving in May last year, with the bitcoin reward paid out to those who use their computers to secure the bitcoin network, known as miners, cut in half. “One potential framework for analyzing the impact of halvings is to study the change in the stock-to-flow ratio across each halving,” says […]
The bitcoin price, after beginning the year at just under $30,000, has soared to an all-time high of almost $65,000 per bitcoin this week as a bitcoin trading frenzy ahead of the closely-watched market debut of U.S. Musk, well-known for his market-moving tweets, last week posted “… I have covered the rise of bitcoin and […]
On CNBC today, Congressman Kevin McCarthy was asked whether he felt Secretary of Treasury Janet Yellen and the Chair of the Federal Reserve System Jay Powell had a good understanding of digital currency and bitcoin. As of today, the Bitcoin price hit an all-time-hight of $64,000 on the evening of the direct listing of Coinbase […]
An author of more than 500 publications, my work has appeared in mediums such as New York Post, Washington Post, Fortune, CoinDesk and Investopedia. …Read the full story
An author of more than 500 publications, my work has appeared in mediums such as New York Post, Washington Post, Fortune, CoinDesk and Investopedia. …Read the full story
NBA Top Shot, a blockchain-based platform on which users buy and sell officially licensed NBA collectible highlights known as “Moments,” has generated nearly $500 million in sales since going live less than eight months ago—with more than $180 million of that total processed in the past month. “Our key driver has to be anything that’s […]
The power demands and carbon emissions of bitcoin mining could undermine global efforts to combat climate change if stringent regulations are not placed upon the industry, a Chinese study has found. Using simulation-based models, the researchers found that, short of any policy interventions, bitcoin mining in China will peak in 2024 consuming 296.59 terawatt hours […]
It is reasonable to surmise that the timing of the direct listing is not accidental, and that the firm is seeking to capitalize on the renewed and growing interest from both individuals and institutions in cryptoassets. That said, there are several longer-term implications that are worth looking into that might get overshadowed by the excitement […]