Why CBDCs Aren’t a Threat to Crypto
By Yasmin Sharbaf on February 24, 2023
Crypto Market Musings One of the catalysts for our current crypto bear market was the collapse of Terra in early 2021. As a refresher, the algorithmic stablecoin TerraUSD failed to maintain its $1 peg. That caused its companion coin Luna to collapse. The twin collapses rocked the crypto ecosystem. And the SEC is finally charging founder Do Kwon and Terraform Labs with securities fraud. Regulators are continuing to tighten their grip…
Crypto Monitor: Binance Shakes the Stablecoin Universe
By Early Investing on September 23, 2022
Earlier this month, Binance made a move that raised eyebrows. The world’s largest crypto exchange launched “BUSD auto-conversion,” which will convert any existing user balances and new deposits of USD Coin (USDC), Pax Dollar (USDP) and True USD (TUSD) into Binance’s own stablecoin. Binance said this auto-conversion is…
Tron’s Troubling Founder
By Vin Narayanan on June 3, 2022
Not every crypto is spilling red ink this year. While bitcoin is down about 37% in 2022, Tron (TRX) is up about 10% this year. And most of the gains have happened in the last 30 days. Last month,…
Crypto Is No Longer a Non-Correlated Asset
By Vin Narayanan on May 13, 2022
Market Musings Crypto is in official bear market mode. Bitcoin briefly fell below $27,000 on Thursday. As of this writing, it’s down around 43% on the year and down about 60% from its all-time high of $67,802 last November. Ethereum dropped to close to $1,748 on Thursday. That’s…
Crypto Monitor: Looking to the Future
By Early Investing on October 9, 2020
There’s been some exciting crypto events recently. Jim Cramer is bullish on bitcoin. Digital payment company Square just bought $50 million worth of bitcoin. And that’s just the tip of the iceberg. All this activity has…
Arbit Poll: How Can We Improve the First Stage Investor Experience?
By Early Investing on September 12, 2019
In this month's poll, we'd like to hear your thoughts on what you like about First Stage Investor and how we can do better.
Crypto Monitor: Bank of England Chief Suggests Crypto Should Become World’s Reserve Currency
By Early Investing on August 30, 2019
The Bank of England is suggesting a network of digital currencies replace the dollar as the world’s reserve currency. Meanwhile, Binance is moving into stablecoins and bitcoin remains a flight to safety.
The Category 5 Freak-Out Over Libra, Facebook’s Digital Currency
By Vin Narayanan on June 22, 2019
Politicians and regulators are freaking out over Facebook’s new Libra currency. Here’s what’s going on.
News Fix: Market May Have Bottomed Out
By Vin Narayanan on September 15, 2018
This week’s News Fix looks at the state of the crypto market, a new stablecoin and Mt. Gox relief.