Category: Currency and Forex
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Open AI on Quantum Computers, Mt. Gox Hack and Bitcoin Security and Integrity
Did Mt. Gox Exchange theft corrupt Bitcoin forever? The Mt. Gox Exchange theft was a major event in the history of Bitcoin and the cryptocurrency space. In 2014, Mt. Gox, which was once the largest Bitcoin exchange, filed for bankruptcy after losing approximately 850,000 Bitcoins (around 6% of all Bitcoins in circulation at that time)…
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Is the Silicon Valley Bank crisis a major springboard event for Bitcoin?
The Silicon Valley Bank and Signature Bank collapses are a “springboard event” for Bitcoin as investors around the world look for safe havens, alternative currencies, and weigh the likelihood of a period of lower interest rates. This is the assessment from Nigel Green, CEO and founder of deVere Group, one of the world’s largest independent…
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Open AI on the Global Reserve Currency
How long will the U.S. Dollar remain the Global Reserve Currency? It is difficult to predict with certainty how long the U.S. Dollar will remain the global reserve currency. However, there are a few factors that are worth considering. Firstly, the dominance of the U.S. Dollar as the global reserve currency has been in place…
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Blockchain Laboratories News -The Future of ESG markets: Why Digital Assets Will be the Key to Success
Learn how Blockchain Laboratories is using web3 to bring more trust and better ROI to ESG markets, and how you can too. SHERIDAN, WYOMING, UNITED STATES, February 22, 2023 /EINPresswire.com/ — In recent years, digital assets have emerged as a revolutionary new technology that is beginning to change the way businesses operate. Digital assets are…
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Pound to bounce if post-Brexit Northern Ireland protocol deal confirmed
The British pound will receive a “significant bounce” if Britain and the EU reach a deal on post-Brexit trading arrangements in the coming days, affirms the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The bullish observation from Nigel Green of deVere Group comes as UK PM Rishi…
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Warren Buffett’s partner Charlie Munger ‘making a fool of himself’ on Crypto
Warren Buffett’s long-time business partner Charlie Munger is “making a fool of himself” for his “archaic, short-sighted and hypocritical” views on cryptocurrencies such as Bitcoin, says the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The comments from Nigel Green of deVere Group follow an opinion piece in…
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Gen Y-Not? Older Millennials Have Highest Appetite for Risk in Trading
Three Times More Likely to Have a High-Appetite for Risk Than Over 55s NEW YORK, Feb. 13, 2023 /PRNewswire/ — Older Millennials aged 35-44 see themselves as the risk takers of crypto trading, according to a survey conducted in November 2022 into the attitudes and habits of over 2,000 US traders. 22% said they had a high appetite for risk, nearly…
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2023 Crypto Wallet Report: Top 3 Trends to Look Out For
SINGAPORE, Feb. 6, 2023 /PRNewswire/ — Asia’s biggest crypto wallet, imToken, publishes an outlook of technological developments of crypto wallets in 2023. The three main areas of interest identified are self-custody versus custodial solutions. Smart wallets, specifically wallets using Account Abstraction (AA), and wallets based on Multi-party computation (MPC). The report finds that users feel the pain of self-custodial solutions persists. Wallets like…