My beautiful wife got my
@ForbesCrypto
cover story of
@SBF_FTX
framed for my office! Still can’t believe I had the chance to write such an important piece for this venerable publication.
If
@coinbase
reaches a $100 billion valuation when it goes public, the
#bitcoin
and
#crypto
exchange will be worth 4x more than
@Nasdaq
, its chosen platform.
Most people think that the transition away from
#Bitcoin
mining in 🇨🇳 is good and NECESSARY for its long term health. However, this is seen as bearish news right now. Transitions can be difficult and challenging, but if you believe in
#bitcoin
this is a great time to buy.
@SBF_FTX
is the richest person in
#crypto
, and he built his $22.5 billion fortune in a little over 4 years.
@ChaseWithorn
and I profiled his meteoric rise and explore what comes next for himself and FTX in the cover story for this year’s Forbes 400:
Each time that $BTC
#Bitcoin
passes a psychological hurdle, it makes the next one even easier to clear.
There is still work to go, but $100,000+ seems a lot more feasible than it did 6 months ago
ICYMI - take five minutes to read
@eltrade
’s terrific breakdown of
@SBF_FTX
’s testimony in front of the
@CFTC
about his exchange's novel proposal for clearing derivatives.
He lays out the big issues and tells investors and watchers what to expect next:
Wyoming SPDI entities like
@custodiabank
from
@CaitlinLong_
and
@krakenfx
’s Kraken Bank are not allowed to lend out customer deposits to avoid the very scenario that befell $SIVB and $SBNY. I wonder if this week’s events might help them launch. Not many
#crypto
banks left.
I sat down with
@Scaramucci
to learn about how his experience in the White House and financial industry set him up to become a bitcoin ‘hodler’:
#Crypto
#bitcoin
#btc
When it is being widely reported that a company is likely insolvent or at the very least going through major restructuring - should they still be/are they allowed to advertise promotions like this?
@CelsiusNetwork
#celsius
I sat down with
@breitwoman
to get her thoughts on:
- Why blockchains try to so hard to pretend that they are not competitors
- How to separate real governance from governance theater
- How Tezos is trying to position itself in a crowded field
The
#bitcoin
white paper is 13 years old today.
Read it here, along with the other 9 most important white papers is
#crypto
history: by
@ninabambysheva
NEW POST: The CEO of FTX famously got into crypto without knowing, or necessarily caring, what it was. Now that his empire is crumbling it is fair to wonder if the wunderkind will leave the digital-asset market for good:
I sat down with
@opensea
CEO
@dfinzer
to discuss:
-The evolution of OpenSea and NFTs
-Why OpenSea chose not to release a token
-What it will take for NFTs to truly go mainstream
@coinbase
filing for an IPO is a watershed moment for the crypto industry, but its bigger impact may be clearing the way for the SEC to finally approve a
#bitcoin
ETF
I have a hard time watching some of the glee in
#bitcoin
corners about inflation readings.
Yes - prices are rising, and that is bullish for
#crypto
, but bitcoin is not ready to be a stand in for the
#dollar
. It may never be.
Meanwhile, ordinary people are getting hit the worst.
Forbes legal researcher
@HaileyLennonBTC
breaks down how
#privacycoins
such as
#Monero
,
#Zcash
,
#secret
, and more are the heirs to the American fundamental right to privacy.
Must read report on how they continue to evolve despite regulatory scrutiny:
This is an outstanding column from
@CoinDesk
@davidzmorris
on some of the major privacy concerns associated with
@WorldcoinGlobal
.
UBI is a noble goal, but it is hard to imagine a more tone-deaf approach to solving this problem.
NEW POST: Why Tokenization Is Failing
Crypto tokenization was supposed to be a killer app for financial services. So why after nearly a decade and top tier backers like Goldman Sachs and McKinsey, hasn’t it gained any traction?
Do Crypto And Blockchain Need To Be Decentralized To Succeed In 2019? To find out, we need to examine the nature of decentralization itself, which is an operating model, but also and ideological state - via
@ForbesCrypto
#Crypto
#blockchain
The transformation of
@cameron
and
@tyler
from Silicon Valley exiles to
#crypto
evangelists remains underappreciated. News of this raise shows how other prominent investors are buying into their vision for the
#metaverse
: BY
@DelRayMan
Our legal researcher
@HaileyLennonBTC
went deep into the
@yugalabs
IP
#NFT
infringement lawsuit against Ryder Ripps for her latest report.
Its outcome will have a major impact on how creators can protect their work and the rights conferred to purchasers.
TODAY! I sit down with Crypto Mom/SEC Commissioner
@HesterPeirce
and Crypto Dad/fmr CFTC Chair Chris Giancarlo to discuss regulatory turf battles, Biden’s executive order,
#NFTs
,
#DAOs
, and much more
#FDAWEB3
Register here:
Nobody does a better job of tracking
#bitcoin
and
#ether
data at the CME than
@ForbesCrypto
Senior Data Analyst
@eltrade
.
In his latest piece, he found that asset managers have suddenly turned bullish.
Check it out here:
Last week’s $UST/$LUNA debacle was just one of crypto’s latest crashes/resets in its recent past.
History shows that the
#crypto
industry bounces back strong each time.
@DelRayMan
and I report:
NEW: The Rise Of Crypto’s Billion Dollar Zombies:
With bitcoin soaring once again, blockchains are suddenly much more valuable. More than 50 of them are now worth over $1 billion—despite many having few users.
with
@NBambysheva
,
@marigra21sl
I sat down with
@f_forough
to learn how Code to Inspire, a school she set up in
#Afghanistan
to teach women to code and program blockchains, is adapting to the Taliban’s swift takeover the country:
BREAKING:Starting today, Cash App users will be able to automatically invest a portion (or the entirety) of their direct-deposit paychecks into
#Bitcoin
by
@ninabambysheva
#Bitcoin2022
Although
#crypto
is mostly up on the day, $btc, $eth, and $doge fell after Elon’s appearance.
Not sure this is a bad thing.
Crypto shouldn't be beholden to one man’s tweets. Maybe Elon’s pull is waning a little:
I get why people are excited about this, and I’m a fan of $ADA, but this ‘insider’ seems far too bullish. $btc fine, but no mention of stablecoins either. If this story is true would love to know if
@amazon
will keep
#crypto
on its balance sheet…
Be sure to read this important and timely piece from
@pete_rizzo_
breaking down why bitcoin’s seemingly random price movements are actually quite predictable:
ICYMI:
@PayPal
recently passed
@Mastercard
in market cap. Likely reason is rise of digital payments, but
#bitcoin
offerings help.
Looks to be targeting
@Visa
next.
Will be interesting to see if the networks recover when travel and in-person commerce comes back.
One major reason why I was excited to join
@ForbesCrypto
was the opportunity to work with star journalists like
@DelRayMan
on foundational pieces such as the Blockchain 50.
He led a team of a dozen reporters over 6 months to produce this amazing report:
Decentralization is both an operating model and ideological state. The balance of power between these two sides will be critical towards determining the optimal degree of centralization for crypto in 2019. Via
@ForbesCrypto
#Crypto
#blockchain
Technicals suggest that
#bitcoin
and
#ethereum
could be ready to take a short breather before another attempt at $50,000 and $3,500, but the broader bullish macro trends remains intact
I sat down with
@SBF_FTX
to explore:
-What financial veterans get wrong about crypto derivatives
-How he plans to spend FTX’s newly-raised $900 million
-What conversations he is having with regulators around the world
I sat down with SEC Commissioner
@HesterPeirce
to discuss the ramifications of delaying a
#bitcoin
#btc
ETF, how the commission is approaching
#DeFi
, and what to expect when Gary Gensler gets approved as chairman:
USDD, a stablecoin carbon-copy of Terra fell 10% today and is now struggling to maintain its one dollar value.
Institutions are fleeing other stablecoins and DeFi could also be in trouble:
Known as the 60/40 portfolio, adherents allocate 60 percent of their assets to equities with the balance placed into debt instruments. This approach has served investors well, but it is unfit for today's markets. Enter bitcoin:
Former CIA director
@MichaelJMorell
just published a report pushing back against claims from Janet Yellen, Christine Lagarde, and other crypto fearmongers.
But that’s not the most important part of the story:
Worth noting:
The two largest
#gold
manufacturers Newmont and Barrick Gold are down double digits over the last 12 months…
#Bitcoin
mining stocks are doing a little bit better