Author name: Peter

The Tornado Cash Case: Judge Rejects Defense Motions and Sets Precedent for Developers

The judge in the Tornado Cash case delivered an oral ruling today, rejecting both the Defense’s motion to compel discovery and their motion to dismiss the charges. This represents a massive setback for the Defense, and the judge’s reasoning may not bode well for developers and projects going forward. Defense's Motion to Compel Discovery The

The Tornado Cash Case: Judge Rejects Defense Motions and Sets Precedent for Developers Read More »

Israel’s Move Towards a Cashless Society: What It Means for Citizens and Neighbors

Israel recently made headlines with a bold initiative spearheaded by Prime Minister Netanyahu to eliminate 200 shekel bills from circulation, signaling a shift towards a cashless economy in the coming years. The rationale behind this move is to combat financial crimes and the hoarding of black money within the Arab community. The Implications of Abolishing

Israel’s Move Towards a Cashless Society: What It Means for Citizens and Neighbors Read More »

Metal Mkts…Yields rising and Dollar falling not hurting gold; Ira Epstein’s Metals Video 9 23 2024

Self-Directed Gold IRAs are a fantastic option to invest in gold, without having to deal difficulties associated with purchasing physical bullion. This kind of account allows investors to buy gold directly from the government and store it under their name. Although many prefer to have tangible gold items, all can access it. In addition physical

Metal Mkts…Yields rising and Dollar falling not hurting gold; Ira Epstein’s Metals Video 9 23 2024 Read More »

MicroStrategy’s Strategic Move: Acquiring $489 Million Worth of Bitcoin

MicroStrategy CEO Michael Saylor made headlines on September 20 with the announcement of the company's acquisition of an additional 7,420 bitcoins, totaling approximately $489 million. With this latest purchase, MicroStrategy's Bitcoin holdings now exceed 252,000 coins, acquired at a total cost of $9.9 billion. The Bitcoin-Focused Corporate Strategy Since 2020, MicroStrategy has pivoted towards a

MicroStrategy’s Strategic Move: Acquiring $489 Million Worth of Bitcoin Read More »

The Federal Reserve Takes Action: Slashes Interest Rates by 50 Basis Points Amid Economic Uncertainty

The Federal Reserve has made a momentous decision today, slashing interest rates by 50 basis points and adjusting the federal funds rate target range to 4.75%-5%. This move, marking the first significant reduction in over four years, underscores worries about the state of the U.S. economy, despite ongoing reports of economic growth. Current Economic Outlook

The Federal Reserve Takes Action: Slashes Interest Rates by 50 Basis Points Amid Economic Uncertainty Read More »

Bhutan’s Bitcoin Holdings: A Closer Look at the Kingdom’s $780M in BTC

Bhutan, a Buddhist kingdom nestled on the eastern edge of the Himalayas, has recently emerged as a significant player in the world of Bitcoin. According to a report by Arkham Intelligence, Bhutan holds a substantial amount of Bitcoin, with 13,011 BTC in its possession, valued at approximately $780.49 million. This revelation marks the first time

Bhutan’s Bitcoin Holdings: A Closer Look at the Kingdom’s $780M in BTC Read More »

Revolutionizing Bitcoin Mining: The Power of Three-Phase Systems

Bitcoin mining has experienced exponential growth since the initial shipment of ASIC miners in 2013, significantly enhancing hardware efficiency from 1,200 J/TH to just 15 J/TH. While these advancements primarily stemmed from improved chip technology, the industry is now approaching the limits of silicon-based semiconductors. As further gains in efficiency level off, the focal point

Revolutionizing Bitcoin Mining: The Power of Three-Phase Systems Read More »