An Uncanny Correlation: Overstock’s Stock and the Bitcoin Price
A publicly traded stock is tracking the price of bitcoin, a correlation that appears to have played out over a period of years.
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Sora’s First Summit Brought Sam Bankman-Fried to Hong Kong. Now, They’ve Got Their Eyes on Taipei.
Hong Kong and Singapore are the usual destinations for crypto fund headquarters in Asia.Jason Fang, managing partner and co-founder at Sora Ventures, disagrees, picking Taipei as the place to open a new office and run the fund from and host the next iteration of its Sora Summit conference, which takes place on Dec. 16 during

Exploding Gold Sales at Pawnshops Offers Lesson for Bitcoin Bulls
There are plenty of reasons to be bullish on gold, but the evergreen bear case on the precious metal is that it's never really consumed. Every ounce of gold that's been mined since the beginning of time is still here.To wit is a Bloomberg story over the weekend reporting on a flood of customers rushing

Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue
Skeptical remarks from key Democrats Wednesday are questioning the chances for U.S. stablecoin legislation that the crypto industry has been relying on as the first real oversight effort.The House Financial Services Committee held its first hearing on stablecoins in 2023 on Wednesday, anchoring to a discussion draft bill created by Reps. Maxine Waters (D-Calif.) and…

Blockchain May Be Used in FDA Medical Reviews and Recalls
news The Food and Drug Administration (FDA) may incorporate blockchain to improve drug and medical products reviews and recalls. In a speech at the Office of the National Coordinator for Health IT Third Interoperability Forum, on August 22, principal deputy commissioner Dr. Amy Abernethy, said the FDA is looking to modernize the way health care…

Nike Trips Up .SWOOSH Launch While Bitcoin NFTs Soar
This week, Bitcoin NFTs are having their moment, placing them just behind Ethereum NFTs in terms of sales. Meanwhile, NFT lending platforms and loan services are also gaining momentum. Blur’s Blend is dominating with 82% of the NFT lending market share, while Binance has released its own NFT loan service that allows holders to use…

Blockchains Are Revolutionizing Public Goods Funding
I asked someone the other day why he was building in crypto. His response: "To make a lot of money. Why else?" Jaded. I used to brush those people off to the side thinking they just don't get it.Last month, I was selected to talk at the New Voices stage at Consensus 2024 about public

Please Enjoy the Final Crypto Winter
Got your skis on? If not, clip in and try to have some fun because this is going to be our very last crypto winter. We’ve had two or three, depending on how you count and this one has certainly been the worst and the most frustrating, but fortunately, it’s going to be the final…

Degens Are Searching for Further Leverage on MicroStrategy and Winning Massively
Since launch, MicroStrategy-tracking ETF MSTU has surged 235% and rival MSTX has gained 176%. MSTX raised the leverage on its ETF from 1.75x to 2x to match MSTU's. MicroStrategy reports third-quarter earnings after the close of U.S. markets. 01:01 Bitcoin Breaks $64K While Gold Soars 00:56 ETH/BTC Ratio Slid to Lowest Since April 2021 00:57