Commentary If you define the word “geek” as someone who is totally fascinated by technology and the potential it has to advance society… …And how to profit from it. Then I guess I’m a geek. And as a geek, I’ve been fascinated by the concept of cryptocurrencies since day one. It was an evolution of…
Why Uncle Sam Must Neuter Crypto to Save the Dollar
Commentary U.S. financial authorities regard cryptocurrencies as a capital flight threat to the weakening greenback—unlike dollar-denominated stocks and bonds. Today, 16 million Americans have obtained online crypto tokens—a wildly popular capital flight escape hatch from the incredible shrinking dollar. That so many investors are converting their weak dollars into cryptocurrencies is a major worry for…
Excited About Crypto? The Feds Are Too
January 18, 2022
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Commentary It all started with the “Genesis Block.” On Jan. 3, 2009, Satoshi Nakamoto mined the first “block” on a distributed network known as a blockchain—and suddenly bitcoin was born. Within two years, the nascent cryptocurrency had captured the imagination of the early adopter masses. And when the masses’ imaginations kick into high gear around…
You Ask, We Analyze: Why Voyager Digital’s Stock May Be Set to Reverse Course Despite Bitcoin, Ethereum Slump
On Thursday evening, Benzinga asked its followers on Twitter what they’re buying at the open on Friday. From the replies Benzinga selected one ticker for technical analysis. @Ehrls15, @VillagePirate, @taidarsonics, @FuturePurfect and @ekfpromo are buying Voyager Digital Ltd. @Rghj21 commented, “you can buy now while it’s undervalued or wait and pay a lot more.” The…
Mozilla Now Accepting Donations in Dogecoin, Users Threaten to Quit Using Firefox in Response
The organization behind the fourth most popular desktop browsers in the world has begun accepting cryptocurrency donations, including Dogecoin. The Mozilla Foundation, a non-profit organization that oversees the Mozilla Corporation, which coordinates and integrates the development of Internet-related applications such as the Firefox web browser made the announcement on Twitter. By partnering with leading crypto payment processor BitPay, the…
Market Analyst Says Shiba Inu and Dogecoin Unlikely to Rally in 2022, Only Elon Musk Tweets Can Pump the Cryptos
During an end-of-year interview, senior currency strategist at Forex analysis site DailyFX Christopher Vecchio said that he would be very surprised if Shiba Inu or Dogecoin have a good 2022. Adding that he believes that only Tesla Inc. CEO Elon Musk would be able to save these coins. “Ultimately, I do think there’s a little bit of a sentiment…
Top Cryptos of 2021: We Bet You Have Never Heard of the Top Gainer
In a collaboration with cryptocurrency market data platform CoinStats, Benzinga gained insight into which cryptocurrencies saw the best price-performance in 2021—with results that could be surprising to most. Data shared with Benzinga shows some of the top five cryptocurrencies of 2021 are assets so unknown that even the most expert crypto pundits could be surprised…
Gold and Crypto Currencies Will Soar If Russia Invades Ukraine or If China Invades Taiwan
Commentary The expansive military build-up of Russian troops taking place on the Ukrainian border and the naval and air force intrusions in the waters and skies of Taiwan are not bluffs. The accelerating military technologies being pursued by Russia and China in hypersonic missile technology present an existential threat to the independence of Ukraine and…
The Fed’s Inflationary Nightmare Has One Clear Crypto Winner
Commentary Future economists may well look back at the end of 2020 as the moment when the most powerful central bank in the world flinched and decentralized finance came of age. In retrospect, that was when the Fed publicly lost control of inflation and its own credibility in the process. After all, the time to…
The Year of the Doge? 2021, Crypto’s Wildest Year Yet
LONDON—Bitcoin close to $70,000, “memecoins” worth billions of dollars, a blockbuster Wall Street listing and a sweeping Chinese crackdown: 2021 was the wildest yet for cryptocurrencies, even by the sector’s volatile standards. Digital assets started the year with a stampede of cash from investors large and small. And bitcoin and its kin were rarely out…
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