Bitcoin rallied on cheaper gas while Americans expect rents to surge 8.3%
There's a question buried in this week's US economic data that sounds simple but is surprisingly hard to answer: when Americans spend more money, does that mean they're buying more, or just paying more for the same stuff? Those are completely different things, and it's important to tell them apart. If people are buying more, […] The post Bitcoin rallied on c...
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Wall Street’s $128 billion private credit exposure is starting to look harder to contain
JPMorgan Chase CEO Jamie Dimon told analysts in April that the roughly $1.8 trillion private credit market doesn't pose a systemic risk. “You have to have very large losses in private credit before, at least it looks like, banks are going to get hit,” he said. He made that comment the same week executives at […] The post Wall Street’s $128 billion private cr...
Bitcoin’s quantum problem gets a recovery tool, but not for Satoshi’s 1.1 million coins
Project Eleven says it has funded a proof that lets a wallet's own key-derivation path stand in as ownership after quantum computers can forge its signatures. It runs in 243 milliseconds on a laptop....
Electronic Transactions Association CEO Expecting More Partnerships with Bitcoin Startups
Electronic Transactions Association (ETA) CEO, Jason Oxman, indicated that members of his organization might start recognizing Bitcoin’s disruptive potential, suggesting that this might lead to more partnerships between traditional electronic payment providers and Bitcoin startups....