With Donald Trump now set to become the 47th U.S. president, Ross Ulbricht’s family took to social media on Nov. 7 to share a long-awaited update: “Ross will be coming home in January.” Throughout the 2024 election, Trump pledged to grant Ulbricht’s sentence commutation, promising his release on “day one.” After 11 Years in Prison, […]

This Op-Ed explores if there is a way out of the centralization cycle for wrapped Bitcoin. TLDR: The Greeks wrote about Sisyphus, eternally pushing his boulder uphill, only for it to roll back down. In crypto, we keep pushing Bitcoin toward decentralization, only to watch wrapped versions roll back into centralized hands. Is this our […]

A report indicates that post-U.S. elections, traders are favoring leveraged long positions in perpetuals and futures contracts. Trump’s Victory Brings Stability to Markets According to a new report by Bybit and Block Scholes, market trends in the period immediately after the U.S. elections suggest traders are leaning strongly toward leveraged long positions, especially in perpetuals […]

The world’s second-largest cryptocurrency by market cap, ethereum (ETH), has broken back over the $3,000 level this week for the first time since late July. Ethereum’s Meteoric Rise to $3,000 Ethereum’s momentum kicked in after bitcoin (BTC) surged to a fresh all-time high, reaching the $3,000 mark on Nov. 8. ETH hit an intraday high […]

As the U.S. election loomed, speculation on whether a Trump victory would actually be bad for markets percolated. Now with Trump victorious and markets ripping, it’s clear it was a Trump bump. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the […]

In the wake of his sweeping 2024 election victory, people believe Donald Trump has the chance to reshape the American economy by slashing inefficient government departments, a move that could spark economic prosperity and return power to local communities. Charting a New Course: Trump’s Chance to ‘Restore America’ by Trimming the Federal Government Following his […]

Non-fungible token (NFT) sales ticked upward this week, climbing 14.99% higher than the previous week’s figures in total seven-day sales. Ethereum and Bitcoin Dominate as NFT Sales Rebound Between Nov. 2 and Nov. 9, 2024, NFT sales hit $95.72 million, marking a 14.99% boost over the previous week, which had followed several weeks of declining […]