CRYPTO

Authored by Mark Jeftovic via BombThrower.com,

What we now call “The Cantillon Effect” was known far back as circa-1730, by at least one economist.  It hasn’t been taken very seriously in modern times, especially here in the fiat age.

Named after its author, Richard Cantillon, in his “Essay on Economic Theory” (“Essai sur la Nature du Commerce en Général”) — it is his only surviving work and was published posthumously in 1755, more than 20 years after he was murdered (more…)

As the world eyes the surge cryptocurrencies with Bitcoin topping $35,000 overnight…

…its highest since June 2022…

Catalysts for the sudden exuberance are manifold.

1. Imminent Spot ETF

The most obvious imminent catalysts for bitcoin's sudden gains is the imminent SEC acceptance of a Spot Bitcoin ETF.

As CoinTelegraph reports, EY’s global blockchain leader Paul Brody believes that Bitcoin faces a lot of pent-up demand from institutions due to (more…)

Authored by Nicholas Anthony vi CoinTelegraph.com,

For two years, the cryptocurrency world has been waiting to see how the Internal Revenue Service (IRS) would implement the Infrastructure Investment and Jobs Act. Put simply, this law established new reporting requirements that risked setting a de facto ban on cryptocurrency mining and exposing millions of Americans to new felony crimes. The good news is that the IRS’s nearly 300-page proposal is not quite as bad as it could have (more…)