Central African Republic President on BTC Volatility: ‘Mathematics Don’t Account for Human Emotions’

Post Views: 79 In an apparent message to critics of the Central African Republic’s bitcoin decision, the country’s president, Faustin-Archange Touadéra, recently argued that understanding the crypto’s disruptive power is crucial and that “mathematics don’t account for human emotions.” According to Touadéra, the country’s future generations are likely to applaud his government for “choosing the…

Plan B’s Stock-to-Flow Price Model Denounced by Vitalik Buterin, Says Model Can Be ‘Harmful’

Post Views: 74 For a few years now, the pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has become a very well known bitcoin influencer gathering 1.8 million Twitter followers. However, after the S2F price model didn’t come to fruition and dropped well below the price targets in 2022, Plan B…

Telegram Launches Premium Tier Benefits Seeking to Monetize Platform

Post Views: 80 Popular messaging platform Telegram has announced it is launching a new premium tier of its services as it seeks to monetize a part of its userbase. Reaching more than 700 million active users monthly, the new tier answers to the need of these users for more bandwidth and storage capacity, according to…

Ukraine Raises Over $100,000 From Cryptopunk NFT Sale

Post Views: 80 The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the country’s digital transformation ministry said. The NFT, Cryptopunk #5364, was donated to…

Goldman Sachs Sees Higher US Recession Risk Citing Concerns the Fed Will ‘Respond Forcefully’ to High Inflation

Post Views: 58 Goldman Sachs’ economists now see an increased risk of a U.S. recession. “We are increasingly concerned that the Fed will feel compelled to respond forcefully to high headline inflation and consumer inflation expectations if energy prices rise further, even if activity slows sharply,” they explained. Goldman Sachs’ economists, led by chief economist…

Embr Releases Checkout to Future-Proof Trust in Web3 Payment Experiences

Post Views: 111 About Embr Embr is a gateway to the decentralized world. Its mission is to empower innovators with the tools and know-how to ignite the future of economic opportunity. In less than three hours, Embr sold out its private presale, successfully raising $2.5 million for their IDO while affirming a global need for…

New Philippines Central Bank Governor: Crypto Investors Are Adherents of the Greater Fool Theory

Post Views: 74 The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued that people investing in cryptocurrencies are doing so because they want to “hide their money from the government.” The new governor of…