crypto

Bitcoin Explodes Higher On “Heavily Institutional” Buying

from ZeroHedge: Bitcoin prices have exploded higher overnight, nearing $38,000, with the renewed bullish tone attributed to a combination of factors, including resurgent institutional interest, growing adoption, and a favorable macroeconomic climate. Bitcoin prices have exploded higher overnight, nearing $38,000, with the renewed bullish tone attributed to a combination of factors, including resurgent institutional interest, growing adoption, […]

Gary Gensler’s Bitcoin ETF position is ‘inconsistent’… says Gary Gensler

by Jesse Coghlan, Coin Telegraph: During a panel at the 2019 MIT Bitcoin Expo, Gensler called out the securities regulator for its “inconsistent” approach to spot Bitcoin ETF approvals. Gary Gensler once criticized the United States securities regulator for its “inconsistent” approach to spot Bitcoin The video clip, which has recently made the rounds again on social […]

Cantillon Overdrive…and the Bitcoin Breakout

by Mark E. Jeftovic, Bombthrower: What we now call “The Cantillon Effect” was known far back as circa-1730, by at least one economist.  It hasn’t been taken very seriously in modern times, especially here in the fiat age. Named after its author, Richard Cantillon, in his “Essay on Economic Theory” (“Essai sur la Nature du Commerce en […]

Establishment Now Using ‘Hamas’ as Excuse to Demonize, Target Bitcoin

from 21st Century Wire: Every time a geopolitical flashpoint emerges, or some emotive ‘terrorism’ event plays out, the western Establishment will not let such a crisis go to waste. Specifically, they will use any opportunity or incident to blame Bitcoin, claiming that the cryptocurrency is somehow responsible for financing acts of terrorism. That said, due […]

Hoot of the Day: Argentina, a BRICS+ Nation, May Adopt the Dollar

by Mish Shedlock, Mish Talk: The leading candidate in the Argentina presidential election promises dollarization. Libertarian Javier Milei  Leads Polls After Primary Shock Reuters reports Milei Leads Polls in Argentina Election After Primary Shock Argentina’s pollsters, caught out by the surprise win of radical libertarian Javier Milei in August’s presidential primary, now show him easing to […]

And Just Like That, The Brazilian Central Bank Goes LIVE with a CBDC

by Daisy Luther, The Organic Prepper: It’s official: the Brazilian Central Bank has announced the introduction of its CBDC (Central Bank Digital Currency). It’s called DREX, the acronym for Digital Real Electronic X (real is Brazil’s currency), and the finished logo reveals the project is, in fact, quite advanced. Here’s the meat of the Central Bank’s […]