Bitcoin
I/O Fund Founder: 'Square's Name Change to Block Is a Defensive Move'
Digital payments giant Square Inc. has changed its name to Block. I/O Fund Founder & CEO Beth Kindig discusses the significance underlying this name change, saying, "It's a defensive move ... [and] not a move coming from strength." Plus, evaluating the next big tech stocks and the importance of keeping a "large allocation of bitcoin" in one's financial profile. "Bitcoin is an amazing hedge for inflation," Kindig said.
Is Bitcoin Still Viable as a Safe Haven?
Bitwise Asset Management CIO Matt Hougan discusses his views on whether bitcoin is still considered a safe haven asset as the cryptocurrency continues to retreat. ”Bitcoin is the most effective hedge against long-term inflation and inflationary risks,” Hougan said. Plus, reactions to Fidelity launching a bitcoin spot ETF in Canada.
Cato Institute Exec on the Future of Money and Crypto
James A. Dorn, vice president for monetary studies at the Cato Institute, applauds the private sector for inventing better alternatives to fiat currencies. In his CoinDesk opinion piece titled “Let the Market Come Up With Better Money Tech,” he writes market-based cryptocurrencies should be allowed to proliferate.
Bitcoin’s Bullish Trajectory Intact, but December Jump to $100K Looks Unlikely: Analysts
With the end of the year approaching, most investors will probably liquidate positions to present decent annual performances, one observer said.
Filecoin Might Have a Way for Bitcoin to Fight Its Energy Critics (if Miners Use It)
Did Filecoin just launch a tool to end the never-ending debate over bitcoin’s carbon footprint?
First Mover Asia: Bitcoin Drops Following First US Omicron Case
Ether falls, breaking a four-day streak of gains; equity markets tumble.
Bitcoin Rangebound Between $55K Support and $60K Resistance
The intermediate-term uptrend remains intact.
Market Wrap: Analysts Expect Positive Bitcoin Returns in December
The cryptocurrency typically rises in the fourth quarter, which is why some traders are poised for a year-end rally.
