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Day: December 3, 2021

‘Wolf of Wall Street’ Jordan Belfort Warns About Investing in Dogecoin and Shiba Inu Cryptocurrencies

Jordan Belfort, the former stockbroker whose memoir was made into a film starring Leonardo DiCaprio, has warned about investing in meme cryptocurrencies, like dogecoin (DOGE) and shiba inu (SHIB). Belfort explained that “People are taking advantage of an unregulated market,” emphasizing that “The sooner governments step in the better it is for crypto.” The Wolf …

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Adidas Steps Into the Metaverse by Partnering With NFT Projects Bored Ape Yacht Club, Punks Comic

The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas AG is teaming up with the non-fungible token (NFT) brands the Bored Ape Yacht Club, and the comic series Punks Comic. Adidas revealed last week that the company partnered with Coinbase and believes the metaverse is one of the most “exciting” developments in …

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Indian Government Affirms to Regulate Digital Currencies instead of Banning

Affirming the prior speculations on the concerted efforts of the Indian Parliament and government to regulate the developing world of cryptocurrencies, local news channel NDTV, citing a Cabinet note, has revealed that the proposed cryptocurrency bill has suggested regulation of private cryptocurrency rather than banning it. The news channel drew five key assertions from the cabinet note …

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Ethereum ‘about to go parabolic’ against Bitcoin as analysts weigh BTC bear case

ETH/BTC stays near its highest since 2018, but that’s nothing compared to its next move, one trader believes. Ethereum’s Ether token (ETH) is due to launch a “parabolic” attack on BTC to beat all-time highs, one analyst believes. 2-week predicts “crazy” ETH move ETH/BTC 1-month candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView shows ETH/BTC …

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Flipkart Co-Founder-Backed Navi Mutual Fund Files for Blockchain Fund in India

The filing comes after Invesco deferred the launch of a similar fund due to the regulatory uncertainty in the country. Navi Mutual Fund, which is backed by Flipkart co-founder Sachin Bansal, summited a draft filing with Indian market regulator Securities and Exchange Board of India (SEBI) to list a blockchain fund. According to the filing, Navi …

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THEY HAVEN’T BEEN TEACHING MONETARY HISTORY ACCURATELY

No, the gold standard did not cause the Great Depression. And yes, a Bitcoin standard is needed today. The below is a direct excerpt of Marty’s Bent Issue #1122: “They haven’t been teaching monetary history accurately.” Sign up for the newsletter here. If you have ever had the displeasure of learning economics while in university or simply …

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