Users in Brazil would be the first to be able to send and receive money by way of a messaging app, using Facebook Pay, the payments service launched by WhatsApp last year. Once WhatsApp announced that it would allow sending and receiving money through its application and had chosen Brazil to be the first country to receive this news. The...

If one thing is certain, it’s that our definition of normal has changed. After months staying at home, cities are reopening—some with masks and social distance, others with still growing numbers of infection. It’s unclear what cities will look like in a year or more, but in many areas, the landscape is already starting to shift. With everybody spread further apart,...

The world’s billionaires and influential businessmen are increasingly speaking on Bitcoin as a hedge and investment while calling out the excessive money printing in the U.S. and uncertainty in financial markets. The latest to tout Bitcoin is media magnate Steve Forbes, chairman and editor-in-chief of Forbes Inc. He believes the currency helps stabilize the government-controlled financial system and urges technological development to...

We see many speculating whether bitcoin mining is at its finals days and to share our view on this topic we would like to compare the evolution of mining with the evolution of nature. If we look at the environment, if we look at the changes in each ecosystem in the planet earth, nobody knows how it will adapt in...

We are so excited to be able to witness the third Bitcoin halving. As central banks across the world are printing record amounts of money, Bitcoin simply continue doing what it was programmed to do: reduce the minting of new bitcoin by halving the mining reward from 12.5 BTC per block to 6.25 BTC per block. Reaffirming what we have...

Both Bitcoin and Ethereum have seen stellar performances from their 2020 lows, both gaining 140 percent since the “Black Thursday” crash seen on Mar. 12 and 13. According to David Hoffman — COO at tokenized real estate platform RealT and the co-head of the Bankless podcast and newsletter — there are two fundamental events in the coming months that will act in tandem...

Hard times in Brazil The market seems to love the idea of opening up while hating the idea of not closing at all. USD/BRL hit a record today at 5.65. The Brazilian real is now down almost 30% on the year with hardly a bounce off the bottom. What’s even worse is that the Brazilian Bovespa is one among the...

Though tech stocks led U.S. indices higher on Friday, propelling the NASDAQ to a gain of 1.65%, with the FAANGs and mega cap peers set to release quarterly earnings in the coming week, the small cap Russell 2000 was the big leader; it finished just a hair shy of a 2.00% boost. The SPX rose 1.39%, with all 11 sectors...

Gilead shares jumped by 16.41% in after-hours trading after STAT news reported that a Chicago hospital treating coronavirus patients with Remdesivir in a trial were recovering rapidly from severe symptoms. The publication cited a video it obtained where the trial results were discussed. “This is obviously good news. Of course, we’ve heard a few other pieces of good news like...

In a recent article, Nick Chong, an editor at CryptoSlate, wrote that analysts are starting to come to the conclusion that the stars are aligning for the crypto market, especially for Ethereum and Bitcoin. Not since 2017 have so many bullish crypto narratives aligned at once: DeFi, Eth 2.0, the Halvening, gold rally, Fed repo, monetization of debt, institutions warming up, and...