Is there a bank run going on in Canada, or is the banking system failing – or is this the beginning of the “Great Reset” ?  Or, have government sponsored activists hacked the banks in order to prevent Truckers from accessing any funds?  We don’t know, but people are reporting withdrawal trouble, and many banks […]

By Tyler Durden, Authored by Mark Tapscott and Nathan Worcester via The Epoch Times (emphasis ours), A new analysis by the Heartland Institute reports the typical American family’s home heating and cooling costs increased by as much as $1,000 in 2021 as a result of President Joe Biden’s energy and environmental policies. “The average U.S. household in […]

By Yashu Gola, The “Oracle of Omaha” now has more companies in his portfolio that have direct/indirect exposure to Bitcoin and similar cryptocurrencies. Warren Buffett’s Berkshire Hathaway dumped a portion of its Visa and Mastercard holdings and increased exposure in Nubank, the largest fintech bank in Brazil that’s also popular among the country’s Bitcoin investors. In a […]

By Tom Farren, Alchemy raises $200 million in a Series C round, Hashstack launches collateral protocol on Harmony, and Bunny Finance forms DAO after a hack — all coming to you in this week’s Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. As the DeFi space continues its technical resurgence, essential […]

By Tyler Durden, Authored by Paul Homewood via ‘Not A Lot Of People Know That’ blog, While some of the recent energy price rises have been due to international market factors, part is the direct result of government policy. I mentioned the role of carbon pricing a few months ago in pushing up the cost of electricity.  Since […]

By Prashant Jha, The origin of the carbonade diamond has baffled scientists for years, as it contains some of the precious metals only found in meteorites. A 555-carat diamond with mysterious origins estimated to be billion years old has been sold for $4.5 million in cryptocurrency at a Sotheby’s auction. The diamond has baffled geologists […]

By Arnold Kirimi, Cryptocurrency transactions of more than 600,000 rubles (roughly $8,000) will have to be declared; otherwise, it could be considered a criminal act. The government and central bank in Russia have reached an agreement on how to regulate cryptocurrencies, according to a Tuesday announcement. Russia’s government and central bank are now working on a […]

By Tyler Durden, By Ye Xie, Bloomberg Markets Live strategist and commentator Chinese state-backed funds reportedly intervened in the stock market on Tuesday, helping stem the biggest intraday loss since August 2021. Since the bursting of the stock bubble in 2015, Bloomberg has reported at least seven occasions when the so-called “national team” came to the rescue when […]

By Tyler Durden, Last week, gasps of shock were heard around Wall Street trading desks when Bank of America decided to outdo every other economist with its either idiotic or brilliant forecast for seven 25bp rate hikes this year. All else equal, we would say “idiotic” as 7 rates hikes would almost certainly send the market crashing […]

By Jordan Fineeseth, Bitcoin reclaims support at $44,000, prompting some analysts to suggest closing out longs while looking for a close above $45,000. The mood across the cryptocurrency ecosystem has shifted to cautious optimism on Feb. 7, as Bitcoin (BTC) bulls managed to bid its price back above support at $44,000 with the help of […]