Posts published on July 12, 2023 go to media archive 3/4

Silk Road Advisor Sentenced to 20 Years in Prison While a Rogue Double-Agent Eludes Capture

On Tuesday, July 11, 2023, the U.S. Attorney’s Office for the Southern District of New York, led by attorney Damian Williams, announced a 20-year prison sentence for Roger Clark. Clark was allegedly the senior advisor to the original Silk…

Bitcoin, Ethereum Technical Analysis: Bitcoin Pushes Towards $31,000 as US Inflation Is Expected to Fall

Bitcoin moved towards $31,000 on Wednesday, ahead of June’s inflation report from the United States. Consumer prices are expected to fall to 3.1%, down from May’s reading of 4.0%. Ethereum also edged higher, as the cryptocurrency…

With Crumbling Economic Fundamentals, The Future Of Bitcoin Adoption In Norway Is Bright

This is an opinion editorial by Rune Østgård and Alexander Ellefsen, financial writers based in Norway.Although we don’t have exact numbers on Bitcoin adoption globally, we do know that the global average cryptocurrency adoption rate was estimated…

Central Banks Controlling Money Is Not Democracy, Balaji Srinivasan Says

If central banks control all uses of money, this is not democracy, Coinbase’s ex-tech chief Balaji Srinivasan is convinced. The entrepreneur commented on statements by the head of the Bank of International Settlements during an IMF meeting devoted…

A Second Round of the Lummis-Gillibrand Crypto Bill Elevates CFTC, Defines DeFi

The U.S. Securities and Exchange Commission (SEC) would take a back seat in a crypto oversight bill being re-launched by Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), which would require that crypto exchanges be overseen by the…