Monat: März 2023

Million-Dollar Bitcoin Bet, Crisis Warnings Abound: Week in Review

•Venture capitalist Balaji Srinivasan is making million-dollar bets that the price of bitcoin will reach $1M in 90 days, citing hyperinflation. •Economist Peter Schiff warned of a worse financial crisis than 2008, while economist David Rosenberg warned of an impending recession. • Bitcoin’s ordinal inscriptions have surpassed 500,000 as miners earned $2.66 million in added…

Von admin 27. März 2023 Aus

Extreme Turbulence: Warren Blamed, SVB Collapses, Markets Move, and More

• U.S. Senator Elizabeth Warren blamed the Silvergate Bank’s liquidation on „crypto risk“ which was criticized as „terribly misinformed“. • U.S Regulators closed Silicon Valley Bank after reports of a bank run and other troubles. • Ethereum co-founder Vitalik Buterin’s address allegedly sold trillions of airdropped ERC20 tokens, causing negative price moves, and India-Russia oil…

Von admin 13. März 2023 Aus