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News & Articles By News Editors
06/16/2022
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By News Editors
The crypto apocalypse is here
Over the last seven months, we have witnessed a cryptocurrency collapse that is so epic that it is truly difficult to put it into words. Last November, the total market capitalization for all cryptocurrencies crossed the three trillion dollar mark. This week, the total market capitalization for all cryptocurrencies actually dipped below one trillion dollars. In […]
06/16/2022
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By News Editors
Crypto: A necessary scam?
A Muddy Field of Deferred Dreams Last night, the U.S. national soccer team played El Salvador in San Salvador. The tweet below shows the late tying goal by the U.S. side, but it also shows the shockingly shabby state of field (or “pitch” as they call it in soccer), which had more mud than grass. […]
05/24/2022
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By News Editors
Miami’s mayor backed MiamiCoin crypto – then its price dropped 95%
On Feb. 2, the city of Miami cashed out its cryptocurrency MiamiCoin for the first time, depositing $5.25 million into city coffers. Miami mayor Francis Suarez hailed it as a “historic moment” and predicted the cryptocurrency could one day even replace municipal taxes as the government’s primary source of funding. (Article by Scott Nover & Camille Squires republished from […]
03/16/2022
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By News Editors
Digital tyranny: Beware of the Government’s push for a digital currency
No matter how much money the government pulls in, it’s never enough, so the government has come up with a new plan to make it even easier for its agents to seize Americans’ bank accounts. (Article by John W. Whitehead & Nisha Whitehead republished from TheDailyBell.com) Make way for the digital dollar. In an Executive Order issued on […]
03/13/2022
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By News Editors
Rabobank: Imagine how many people won’t want to be part of a digital dollar system now
“You get the biggest rallies in bear markets” as they say, and Tuesday saw a phenomenal risk rally to lift global stocks (DAX +7.9%, S&P +2.6%), hammer bonds (US 10s +11bp, German 10s +11bp), and a concurrent collapse in oil prices (Brent -12%). The Euro also surged vs. the USD. In short — and this was all […]
12/30/2021
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By News Editors
COINGEEK: Crypto crime cartel: FTX, Sam Bankman-Fried, Tether and Solana
Sam Bankman-Fried is the co-founder of FTX, a cryptocurrency exchange which Forbes says currently accounts for 10% of all digital asset derivative trading each month. He also runs Alameda Research, a trading company raking in more than a billion dollars in profit a year and is invested in countless more digital asset companies—some more publicly than others. […]
09/19/2021
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By News Editors
The illusion of getting rich while producing nothing – (excellent commentary by Charles Hugh Smith)
By incentivizing speculation and corruption, reducing the rewards for productive work and sucking wages dry with inflation, America has greased the skids to collapse. (Article republished from CharlesHughSmith.Blogspot.com) Of all the mass delusions running rampant in the culture, none is more spectacularly delusional than the conviction that we can all get fabulously rich from speculation […]
07/03/2021
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By News Editors
Brothers abscond with $4 billion in crypto stolen from South African exchange
In a story that will sound familiar to anybody who followed the collapse of Canadian crypto exchange Quadriga, two brothers who ran a South African crypto exchange have absconded with Bitcoin worth $3.6 billion stolen from their clients, demonstrating once again the one glaring security weakness: While hackers are believed to have brought down Mt. Gox, […]
03/10/2021
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By News Editors
70.87 billion reasons why the retail brokers just betrayed their customers
Yesterday, when TD Ameritrade became the first exchange to impose “unprecedented” restrictions on GME trading, we predicted what would happen next: “expect many more exchanges to follow suit, because hedge funds clearly need to be protected when faced with the retail daytrading mob.” (Article by Tyler Durden republished from ZeroHedge.com) 24 hours later, we were proven correct when […]
10/10/2019
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By News Editors
Cannabis and Bitcoin: Two frenzies leaving investors high and dry
Just two years ago, any company name hinting at involvement in cannabis in any way would see their stock skyrocket. If the company was private, then they would consider doing an IPO. It was another brainless speculative frenzy, such as crypto-currencies, or “fake beef” as in ‘Beyond Meat.’ (Article by Dohmen Capital Research republished from […]
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