crypto

Ether Bears Lose $11M as ETF Hopes Lift ETH Prices

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Sam Bankman-Fried Scoops Help CoinDesk Win Major Journalism Award

The centerpiece story was Allison’s explosive Nov. 2, 2022, piece that raised questions about how sturdy Alameda Research, Bankman-Fried’s large trading firm, was – and, by extension, how safe the billionaire’s affiliated and better-known crypto exchange FTX was. Other CoinDesk stories honored by the Loebs revealed the unusual living arrangements …

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Crypto for Advisors: AI – Friend or Foe to the Advisor?

As AI systems become more advanced at emulating human behaviors and media, they erode authenticity, a key pillar of trust and the bedrock of all successful financial advisor practices. When chatbots, deepfakes, and AI-written text seamlessly impersonate real people, it fosters an atmosphere of misinformation and deception, hardly a successful …

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Crypto Observers Warn of Risk Aversion as Oil Prices Top $93

Higher oil prices are often transmitted to retail fuel prices, raising key inflation metrics like the Consumer Price Index (CPI). That, in turn, weighs over households’ disposable income. Less disposable income means weak consumption, economic growth, and less inclination to invest in high-risk, high-reward assets like bitcoin and technology stocks. …

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