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#24: Derek James Muhney

Derek James Muhney is the CMO of Coinsource, a U.S.-based Bitcoin ATM operator. Coinsource provides buying and selling at their machines and proprietary software. Coinsource…

2020 Was A Revolution

2020 was a revolution. Here is what actually happened. The IMF-dubbed Great Lockdown saw fear taking the front seat and the social contract rewritten posthaste. …

How COVID-19 Changed The World Forever

The response to the COVID-19 pandemic will bring about serious change. Factory and service jobs, for instance, will be assumed by robots. There will be…

The Stupidity Of The Crypto Community Is Infinite

Cryptocurrency was invented to remove middlemen and counterparty risk. So what do all the blockheads in cryptocurrency do? They reintroduce middlemen and counterparty risk. They…

Beyond COVID-19 Impact: Upturning Financial Setbacks

The COVID-19 outbreak has led to economic disruptions, causing drastic loss to our livelihood and exposure of inequity in the health system. Hundreds of thousands fell into extreme poverty while risking themselves as a consequence of the virus.

Bitcoin to reach $300-$500k in 2021: Exante

BTC’s price to reach $300-$500k in 2021 By Victor Argonov, senior analyst at International investment firm, EXANTE Not too long ago, predictions that Bitcoin would…

Why the Queen Politely Acknowledges the Blockchain

The Centre for Evidence Based Blockchain put a report out in September 2020 that an “evidence based blockchain” was difficult to find. CEBB was set up by the British Blockchain Association as “the world’s most influential voice on Blockchain. Advancing evidence-based adoption of Distributed Ledger Technologies.”

Big Banks And Central Banks Slowly Co-Opt Blockchain

Big banks are taking the ideas behind blockchain and adapting the technology to their business models. For instance, much of Italy’s banking sector uses Spunta,…

WEF Says Blockchain Is “Priceless” To COVID-19 Vaccine Distribution

The World Economic Forum (WEF) believes that blockchain can help distribute the COVID-19 vaccine because the technology behind Bitcoin provides an immutable, decentralized database that can help all parties be sure that vaccine supplies are stored and handled properly. 

Why Buy Silver Now That Biden is President

When people think of precious metals investing, usually an image of gold bars or coins comes to mind. However, this initial idea does not begin…

Biden’s “Build Back Better” Plan Is The Great Reset

Joe Biden’s “build back better” plan is far different than Donald Trump’s “America First” platform. The so-called ‘Great Lockdown’ has devastated the global economy.  Biden accused Trump of “economic policies that rewarded wealth over work and corporations over working families.” He also claimed that black and Latinos, native Americans, immigrants and women were never “ welcomed as full participants in the economy.” These groups came out in droves for Trump during the election.

Gold And Silver Remain In The Early Stages Of The Next Bull Market

The financial world has turned its attention to gold. Gold has flirted with $2,000 an ounce, and silver has reached $26, before corrections. Meanwhile, as the mainstream press is urging the public to stay away from gold, the U.S. Mint announced it would be shutting down some of its production. But that’s perhaps not even the biggest news out of the precious metals markets.

On Blockchain Evil, God and Family

When Robert Beadles, who goes by CryptoBeadles, first joined crypto, it was mostly cypherpunks. He says blockchain today consists of a lot of people trying to raise money for products whether or not they fill a real need. “Silicon Valley types,” he says. 

How Honeywell Uses Blockchain In Aviation

GoDirect Trade is an online marketplace powered by Honeywell. The marketplace focuses on the sale of aerospace parts, a $4 billion industry. But––somehow, some way––virtually…

Bloomberg Crypto Analyst Says Bitcoin Should Be $15,000

According to Bloomberg crypto analyst Mike McGlone, bitcoin is worth $15,000, not the $10,900 price as of press time. McGlobe is the senior commodity strategist at Bloomberg and, upon examining various factors like bitcoin’s rising hashrate––which continually hits new records––he determined Bitcoin is undervalued at current levels.

What Does University of Cambridge’s New Cryptocurrency Study Say About The Market?

The University of Cambridge and the school’s Centre for Alternative Finance published its third “Global Cryptocurrency Benchmarking Study.” The study examines crypto’s overall growth, as well as the niches of mining, off chain activity, crypto asset user profiling, regulation, and security. 

The September 2020 study highlights in particular mining, payments, custody, and exchange. Apolline Blandin, Gina Pieters, Yue Wu, Thomas Eisermann, Anton Dek, Sean Taylor, and Damaris Njoki co-authored the proposal. 

Ernst & Young Releases New Ethereum-Based Platform

Ernst & Young released a new Ethereum-based platform over the weekend. The solution, which has been designed to streamline enterprise resource planning (ERP), is called…

Ripple, ConsenSys Criticize New EU Digital Asset Regulations

Leading players in the cryptocurrency industry addressed the European Commission’s new legislative proposals. The International Association for Trusted Blockchain Applications (INATBA) responded to the Markets in Crypto-Assets (MiCA) regulation proposed for the EU by the EC. INATBA has the backing of major crypto companies such as Ripple, ConsenSys, and Iota.

EU Plans For Massive Digital Asset Regulations

The European Union’s executive branch has developed plans for a comprehensive digital asset framework for the entirety of the 27-member bloc. 

The European Commission has proposed legislation to turn cryptocurrencies into a regulated financial instrument. 

Bitcoin ETP Volumes Decline in September

Bitcoin’s bearishness has led investors to exit certain crypto derivatives products leading to trading volumes decreasing. CryptoCompare reported volumes for cryptocurrency-based exchange-traded-products (ETPs) declined to but a fraction of their August totals. 

Ether Trades Down 20% After 2 Year High

Ether, the second-largest cryptocurrency in terms of market value traded at $345 on Friday as of 15:20 UTC. On a month-to-month basis, this marks a…

US Space Force Secures Systems With Blockchain

The United States Space Force (USSF) and the U.S. Air Force Research Lab has tapped blockchain firm Xage Security for the Force’s security system. Xage Security said the contract targeted end-to-end data protection for the USSF and that it will use its blockchain-based Xage Security Fabric solution. 

According to the company, Xage Security Fabric can secure all systems and removes single points of entry so hackers can’t wipe information. USSF can verify who accesses systems, ensures satellites remain online, even if ground equipment goes offline, and protect data until fully transferred to operational units. Xage Security won an earlier U.S. Air Force contract in December 2019.

Kraken Was Just The Start Of Wyoming’s Cryptocurrency Bank Approvals

Kraken Financial is the first company in Wyoming or elsewhere in the U.S. to receive a charter to operate a special purpose depository institution. Kraken Financial, with its new headquarters in Cheyenne, plans to provide clients with “an online and mobile-first banking model.”

With the charter approval, Gov. Mark Gordon said that Wyoming “is taking its rightful place globally as a FinTech leader.”

Gibraltar Regulator Updates Blockchain Regulation

The Gibraltar regulator has updated the Jurisdiction’s distributed ledger technology regulation. Gibraltar’s DLT legislation was introduced in January 2018 as a regulatory framework for businesses…

Perth Mint Sales Hit 4-Month High

Perth Mint bullion sales in August declined for silver products. On the other hand, they reached a four-month high for gold products. The Mint’s sales…

FATF Issues Report On Illicit Crypto Activities

The Financial Action Task Force (FATF) detailed in a new report how illicit activity in cryptocurrencies could be identified, including an overview of exchanges in…

IRS Offers Grants For Privacy Coin Tracing Apps

The U.S. Internal Revenue Service (IRS) offered grants of up to $625,000 to tech companies who develop ways to aid the tax agency in tracing…

China & Russia Challenge The US Empire

The world order is evolving, with countries such as China now provide international services, including development assistance and investment. New regional organizations, such as the…

Precious Metals Mining Sector To Boom

The precious metals mining sector will enjoy another boom, says Ed Bugos, Senior Investment Analyst and Financial Editor at The Dollar Vigilante “An unsound one…