How 1,500 new Bitcoin millionaires per day deal with getting rich
Around 1,500 Bitcoin wallets top the million-dollar mark each day. How does your lifestyle and mindset change when you become a newly minted crypto millionaire?
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Walking into Remote and Digital’s La Casa co-working space on the tropical island of Koh Pha-ngan, you wonder how anybody gets any work done. I sip a cocktail and wait for my burrito as James Brown plays in the background. There’s a real palm tree growing at the edge of the cafe, and behind it…
5 reasons 2023 will be a tough year for global markets
Those who come bearing warnings are rarely popular. Cassandra didn’t do herself any favors when she told her fellow Trojans to beware of the Greeks and their wooden horse. But, with financial markets facing unprecedented turbulence, it’s important to take a hard look at economic realities.Analysts agree markets face serious headwinds. The International Monetary Fund…
Ripple's $25M donation powers Fairshake PAC's crypto advocacy in 2024
Ripple is at the top of a long list of crypto industry notables supporting the super PAC.
DOJ cracks down on ‘rug pulls’, charging Frosties NFT project founders
“You can’t solicit funds for a business opportunity, abandon that business and abscond with money investors provided you,” stressed IRS-CI Special Agent-in-Charge Thomas Fattorusso. 307 Total views 22 Total shares The Department of Justice (DOJ) has taken action against an alleged NFT rug pull, after it slapped the founders of the Frosties project with charges…
Argentina Sets New Trading Record After Central Bank Bans Bitcoin Buys
Bitcoin (BTC) trading set new records in two of its most keenly watched South American markets last week, new data has revealed.As monitoring resource Coin Dance confirmed on Nov. 10, the seven days ending Saturday saw more trading against BTC than ever before in both Venezuela and Argentina. Argentina: central bank accidentally increases Bitcoin popularityVenezuela Localbitcoins…
Collateral damage: DeFi’s ticking time bomb
As 2021 draws to a close, the premier lineup in the DeFi landscape largely consists of synthetic asset platforms (SAPs). An SAP is any platform that enables users to mint synthetics, which are derivatives whose values are pegged to existing assets in real time. As long as oracles can supply a reliable price feed, synthetics…
Czech Republic to Impose Stricter Crypto Regulations than EU Requires
The Czech Republic is expected to enforce stricter oversight of cryptocurrencies than that required by the European Union’s bloc-wide Anti-Money-Laundering (AML) regulatory regime. According to a report from local newspaper Hospodářské Noviny on Aug. 8, the Czech Republic’s transposition of the European Union (EU)’s Fifth AML Directive (AMLD5) looks set to impose yet stricter requirements on…
Bitcoin signals potential range expansion— Will SOL, LDO, ICP and VET follow?
The S&P 500 Index nudged higher by 0.45% to record its second positive week. While the United States equities markets were a slow mover, gold witnessed a massive run-up of more than 5% this week. Its rally of 3.11% on Oct. 13 was its best one-day performance since Dec. 1 of last year. However, the