Fallout From Binance Trading Violations
What will be the fallout from Binance trading violations for the crypto markets and individual crypto investors and traders? Since news of the CFTC lawsuit became public the Binance market share has fallen by 16%.
Beware of AI Hype in the Crypto World
For anyone who is serious about any aspect of the blockchain world and how it might be affected by AI; the first thing is to beware of AI hype in the crypto world.
Investing for the New Cold War
Today we are transitioning into a new Cold War in which Eastern Europe is part of NATO and the US has substantial investments in and trade relationships with China and, still to a degree, with Russia. Investing for a new Cold War with China and Russia when China is the dominant industrial power in the world presents challenges for the investor.
Why Crypto Needs Regulation
Since the original focus of cryptocurrencies was to avoid interference by third parties, including governments, the idea of regulation of crypto was anathema for years. That is, it was until crypto winter, a string of crypto-related bankruptcies, and recurring cases of fraud caused investors to lose obscene amounts of money. This is basically why crypto needs regulation.
US Debt Default and Your Investments
If the US has defaulted on its debts the government will not be able to step in and lend a hand. If that were to be the case, we could be looking at another Great Depression. The connection between a US debt default and your investments would be such that many would lose substantial portions of their portfolios.
Most Profitable Cryptocurrency in 2023
The best performer in 2022 was GMX that went 111% as the rest of the crypto world collapsed. It was followed at a 92% gain by Trust Wallet Token, and LEO which “only” lost 3% on the year! The question now is which will be the most profitable cryptocurrency in 2023.
Next Set of Crypto Risks
As token prices fell, crypto businesses that bet everything on crypto always going up went bankrupt. Then we discovered that many in the crypto center were committing fraud in attempts to stay afloat. And many crypto exchanges are still not paying close enough attention to who is transferring money via their services. Now the Biden Administration is looking at the next set of crypto risks.
Will AI Give Us a Smarter Metaverse?
One of our concerns as the Metaverse has taken shape has been that it could just turn out to be place with realistic images but no substance. Now we see impressive advances in artificial intelligence. We ask ourselves; will AI give us a smarter Metaverse?
Where Crypto Gains Go to Hide
Knowing where crypto gains go to hide tells us something about what Sam Bankman-Fried and others were really thinking about the vitality of their crypto business as they were hedging risk or, perhaps, hiding their money.
More Trouble in the World of Crypto
Now that folks have lost $2 trillion in dollar value of their cryptocurrencies in the last 14 months, crypto investors are more interested in how regulation might have prevented crypto business collapse and crypto business fraud. Meanwhile, the regulators are descending on crypto companies like a cloud of locusts ready to devour all in sight.