Fundamental Overview Bitcoin Correction in June Bitcoin suffered a notable correction in June despite a generally positive risk sentiment. Last week, we got a quick drop into a key support zone on the news that Mt. Gox will start distributing assets stolen from clients in a 2014 hack in July 2024 after years of postponed…
Analysis of the Bitcoin and Crypto Bull Run by Arthur Hayes Arthur Hayes, the co-founder of crypto exchange BitMEX, has recently offered a comprehensive analysis in his latest essay, “Zoom Out,” drawing compelling parallels between the economic upheavals of the 1930s-1970s and today’s financial landscape. Hayes specifically focuses on the implications for the Bitcoin and…
OFWONO OPONDO: State of Nation Address; Uganda’s shambolic opposition false prophets President Museveni’s State of the Nation Address Recently, President Yoweri Museveni presented in parliament the state of the nation address, giving hope that all is progressing well despite many challenges still ahead in the socio-economic transformation journey. However, what passes for political opposition roundly…
Environmental Protection: Past, Present, and Future Since its debut in the 1960s, the concept of environmental protection has transcended from a plea for action on climate change to a myriad of sustainability pursuits over the past few decades, reshaping the way we live and conduct business. While considerable progress has been made, new challenges are…
Circle becomes first stablecoin issuer to secure license under EU’s MiCA regulations ACPR grants Circle e-money license for USDC and EURC across EU Circle is the first stablecoin issuer to get licensed under MiCA regulation Circle has become the first stablecoin issuer to secure regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) regulations….
Binance US is confident that the ‘SEC’s case is unsupported by the facts or the law’ A Legal Battle Unfolds Binance.US, the American arm of the world’s largest crypto exchange by trading volume, Binance, is gearing up for the next phase of its legal dispute with the Securities and Exchange Commission (SEC). In a recent…
Welcome to my quirky blog post! Throwing Money at Problems Have you ever noticed how people always seem to think that throwing money at a problem will make it go away? It’s like they believe that a wad of cash has magical powers to solve all of life’s challenges. Well, as the head of capacity…
Cryptocurrencies granted legal status in Turkey under new crypto law Turkey legalizes cryptocurrencies as “intangible fixed assets” In a landmark move, Turkey has officially granted legal status to cryptocurrencies through a new regulation that defines them as “intangible fixed assets.” This new law represents a significant step towards the mainstream adoption and acceptance of digital…
