Author: Donald Munn
This article evaluates a strategy that is not very popular in the crypto market: mean-reverting. The mean-reverting strategy applied to the crypto market This statement stems from the fact that major crypto markets, perhaps due to their young age, tend to be very volatile and follow trends for quite some time before reversing them. In this context, a strategy that attempts “counter-trend” entries could present some problems. That being said, wanting to understand whether these rumours are well-founded or not, we are going to perform a backtest on the leading cryptocurrency, Bitcoin. The aim is to better understand if there…
Crypto Gibraltar 2021 was the first major crypto event following the pandemic and delivered a fantastic combination of informative discussions, productive networking and banging parties. Amazingly, it’s time to do it all again, only bigger and even better! Crypto Gibraltar 2022 is coming The distributed festival that takes place at the Ocean Village: Crypto Gibraltar Crypto Gibraltar 2022 will be an invitation-only crypto festival taking place from 22nd to 24th September. We are building our very own Crypto Village which for two days will be home to 1,000 crypto enthusiasts from both the institutional and retail crypto markets. There will…
This week’s guest on the Cardano NFT Column is a gaming project characterized by a fantasy world of adventure where humans, elves, goblins and orcs struggle against one another for survival: Adania. Last week’s guest was a project raising awareness & sharing knowledge about sustainable construction using EARTH as a building material. This initiative is a point of reference for NFTs on Cardano and every week or two we will invite someone to answer some questions and give us an update directly from within the Cardano community. Considering that many of our readers are new to the crypto space, we…
Elon Musk and his companies Tesla and SpaceX are being sued for $258 billion over an alleged pyramid scheme involving Dogecoin. Elon Musk’s Tesla and SpaceX and Ponzi scheme allegations on Dogecoin Elon Musk and the alleged pyramid scheme on Dogecoin According to Bloomberg, it appears that Elon Musk and his companies Tesla and SpaceX are being sued for $258 billion on charges of supporting a pyramid scheme involving Dogecoin. Unleashing the accusation is Keith Johnson, defined: “An American citizen who said he was defrauded out of money by defendants’ Dogecoin Crypto Pyramid Scheme”. Basically, Johnson claims that Musk and…
According to a recent McKinsey report, the metaverse will grow to be $5 trillion by 2030. McKinsey report: expenses for the metaverse will exceed $1 trillion Estimates on the metaverse market according to McKinsey’s report The World Street Journal recently published a report by McKinsey covering the metaverse. In the report, costs, business direction and their specifics for the near future are analyzed. According to the new report by consultancy firm McKinsey & Co, businesses and consumers will spend $5 trillion between now and 2030, and the numbers are already impressive. Between $2 trillion and $2.6 trillion constitutes the slice…
On Tuesday, the CEO of Coinbase announced that the company will be forced to drastically reduce the number of its employees. Coinbase and the 18% cut in human resources In a Twitter statement, the CEO and founder of the famous US exchange announced that the company is preparing to drastically reduce the number of its employees. 1/ Today I shared that I've made the difficult decision to reduce the size of our team at Coinbase by about 18%. The broader market downturn means that we need to be more mindful of costs as we head into a potential recession. —…
Spotify, the music streaming giant, announced the acquisition of Sonantic, the London-based startup that harnesses artificial intelligence (AI) to create realistic human voices like Val Kilmer’s in “Top Gun: Maverick”. Spotify and Sonantic: harnessing AI to create realistic but simulated human voices Sonantic allows you to add different emotions to change the style of the narrative Spotify has reportedly announced that it has acquired Sonantic’s AI platform to offer new audio experiences to its customers. Sonantic is a London-based start-up focused on harnessing artificial intelligence to create compelling, nuanced and stunningly realistic, yet simulated, voices from text. Its technology is…
Last night, the US central bank opted for a record 75 basis point rate hike. Another rate hike by the Fed, this time more significant The collapse of the crypto market was partly influenced by this rate hike The fears of some analysts such as JP Morgan about a further tightening of monetary policy were well-founded. On Wednesday, 15 June, Jerome Powell, after a day of consultations, opted for a very sharp rate increase. To trace back another increase of this magnitude one has to go all the way back to 1994, when the Fed chairman at the time, Alan…
Children born between 1995 and 2010 will be the richest generation ever. By 2031, Gen Z will surpass the earnings of the Millennials and in the following years will multiply the figure fivefold. The buying habits of Gen Z analyzed by Rave Reviews The chart highlights the values and ideals followed by Gen Z Rave Reviews has come out with an infographic in which it analyzes the spectrum of trends and conformation of the so-called Generation Z (i.e. young people born between 1995 and 2010) with a special focus on how and where they spend their income. The first striking…
Tomorrow Elon Musk will speak to Twitter employees in a company video conference. Elon Musk is set to attend an "all-hands" Twitter meeting this Thursday to address employees for the first time. — Watcher.Guru (@WatcherGuru) June 14, 2022 Elon Musk will listen to Twitter employees On 16 June, a company meeting will be held via video conference, at which time the company’s presumed new owner will answer questions from Twitter staff. This will be the first time ever that Musk will speak to Twitter employees, after reaching an agreement to purchase the company for $44 billion. Apparently, among other things,…