Sign In

Day: December 5, 2021

Does ‘Buy the Dip’ Actually Work? What Experts Think of the Internet’s Favorite Investing Strategy

“Did you buy the dip?” “Buy the dip, last chance! To the moon we go!” “Retweet if you bought the dip.” If you’ve spent any time reading about investing on Twitter or Reddit (especially in the controversial r/WallStreetBets known for pumping up stocks like GameStop earlier this year) you’ve almost certainly heard the saying “buy the dip.” …

Does ‘Buy the Dip’ Actually Work? What Experts Think of the Internet’s Favorite Investing Strategy Read More »

Binance to Withdraw its Singapore Operating License Application

Binance trading platform is allegedly considering the options of pulling its applications for a license to operate in Singapore, according to the Singapore run arm of the BusinessTimes. The reason for this consideration is notably hinged on the delays the Monetary Authority of Singapore (MAS) is exploring in its bid to consider applications from global trading platforms. …

Binance to Withdraw its Singapore Operating License Application Read More »

Blockchains need to move toward standards for interoperable asset transfers

A new emerging economy, which includes blockchain-native tokens, digital tokens, stablecoins and CBDCs, requires interoperable blockchain standards. Cross-chain asset transfer has been around for several years. The concept developed almost as soon as multiple blockchains were developed and began to gain adoption. In its initial application, the transfers focused on swaps between the chain’s native …

Blockchains need to move toward standards for interoperable asset transfers Read More »

Berkshire’s Charlie Munger Praises China for Banning Crypto — Wishes Crypto Had Never Been Invented

Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says China did the right thing to “ban” cryptocurrencies, including bitcoin. He wishes that cryptocurrencies had never been invented, emphasizing that he will not participate in the crypto boom. He considers “this era even crazier than the dot-com era.” Warren Buffett’s Right Hand Man, Charlie …

Berkshire’s Charlie Munger Praises China for Banning Crypto — Wishes Crypto Had Never Been Invented Read More »

CoinDesk 20 Update: ATOM, ICP and SOL Are In; AAVE, GRT and UNI Are Out

Web 3 is replacing DeFi among the most traded currencies in crypto. Cosmos’ Atom, Solana’s native currency and Internet Computer (formerly Dfinity) all entered the CoinDesk 20 in this quarter’s reconstitution, in a shift where Web 3 software platforms, tools and infrastructure replaced decentralized finance (DeFi) and DeFi-related applications among the most-traded currencies in crypto. The three …

CoinDesk 20 Update: ATOM, ICP and SOL Are In; AAVE, GRT and UNI Are Out Read More »