Starting in December of last year, we began to mention Bitcoin’s halvings. These halvings take place approximately once every four years. The event reduces the number of new tokens that are created.
What’s interesting is Bitcoin revolves around this event. After the last three halvings, Bitcoin has bottomed around 900 days afterward.
A small group of people are demanding the artificial intelligence (AI) industry hits the pause button.
We may have just had one of the biggest breakthroughs in materials science history, one that could potentially be revolutionary for a wide range of applications. The semiconductor industry has been chasing this for decades… And now, it’s real.
In early February, the Securities Exchange Commission (SEC) issued a Wells notice to Paxos concerning its digital asset BUSD. A Wells notice is a recommendation by the SEC for the agency to take action against a certain company.
The world lost this legend on Friday at an age of 94. What a remarkable career he had, and what remarkable contributions he made to the world through his inventions and collaboration in the semiconductor industry.
Over the last week or so I’ve been contemplating the shockwaves in the banking sector, as the dominoes keep falling. First it was Silvergate (SI), then Silicon Valley Bank (SVB), then Signature Bank, and more recently Credit Suisse.What’s the common thread with these “too big to fail institutions”?
In essence, fiscal policy flooded banks with artificially high levels of new deposits, forcing them into Treasurys. Then, monetary policy destroyed the value of those bonds in record time. It was a one-two punch.