Potential consequences of implementing universal basic income

Universal Basic Income (UBI) is often touted as the panacea for freedom and happiness – more so in modern times since advancements in Artificial Intelligence (AI) demonstrate a credible threat to jobs. U.K. anti-poverty charity the Joesph Rowntree Foundation stated that regular cash payment, regardless of income, existing wealth, or other conditions, could help reduce …

The yield convergence and its implications for Bitcoin

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$1,500,000,000,000 Bitcoin Market Cap Incoming, Predicts Macro Guru Hugh Hendry – Here’s How

Macro guru Hugh Hendry says that Bitcoin’s (BTC) total market cap is likely to almost triple in size as macroeconomic conditions worsen. In a new Bloomberg Television interview, the hedge fund manager says that high interest rates are likely to cause an economic downturn. “When you raise rates to 5% in the UK, effectively we’re …

US Banks Facing $1,500,000,000,000 Tidal Wave of Debt As Federal Reserve Outlines Institutions Most at Risk

Fed Chair Jerome Powell is outlining which banks are most at risk from an immense amount of commercial real estate loan debt. In new testimony before the Senate Banking Committee, Powell says small US banks – which are reportedly staring down at $1.5 trillion worth of CRE loan debt – are overly exposed to the …

On-Chain Analyst Willy Woo Maps Out How High Bitcoin Can Surge Before It Gets Overheated

Popular on-chain analyst Willy Woo says that Bitcoin (BTC) may have more room to run after crossing the $30,000 level. Woo tells his one million Twitter followers that he’s keeping a close watch on Bitcoin’s fundamental strength indicator, which tracks 17 fundamental and technical indicators. According to Woo, Bitcoin could shoot up more than 30% …

Mark Yusko Says Crypto Rally Just Getting Started, Predicts ‘Speculative Blow Off’ Coming – Here’s the Timeline

Morgan Creek Capital founder and CIO Mark Yusko says that Bitcoin (BTC) and the crypto markets have now entered bull territory. In a new CNBC interview, Yusko says that Bitcoin and the crypto markets are in the early stages of a fresh bull market that could last until next year when BTC goes through its …

Shiba Inu burn Twitter account experiences suspension

Shibburn said that Twitter’s developer portal indicates a violation of Twitter rules and policies by its app. News Join us on social networks The Shiba Inu (SHIB) burn tracker Twitter account, Shibburn, which is well-engaged with the crypto community, has been unexpectedly suspended. This suspension has garnered attention because the account holders had reached out …

5 AI tools for translation

Explore AI translation tools, their features, benefits and pricing models to find the right solution for your translation needs. Overview Join us on social networks Translation is the process of converting written or spoken content from one language to another while preserving its meaning. By automating and enhancing the translation process, artificial intelligence (AI) has significantly …

Analyst Says One Ethereum Rival To Explode by Over 300%, Updates Outlook on Bitcoin, Litecoin and Chainlink

A widely followed analyst and trader is expressing bullish sentiment on a handful of crypto assets amid a market recovery. Crypto analyst Michaël van de Poppe tells his 658,400 Twitter followers that several digital assets on his radar could surge by between 26% and over 400%. Starting with Avalanche (AVAX), Van de Poppe says that …

Trader takes $4M short position on TrueUSD as issuer halts mints and redemptions

An Ethereum user used Aave’s v2 lending platform by depositing 7.5 million USDC as collateral. News Join us on social networks Following TrustToken’s decision to temporarily halt mints and redemptions of its TrueUSD (TUSD) stablecoin through its banking partner, Prime Trust, a trader has taken advantage of the situation by initiating an on-chain short position. …

Mainstream media challenge decision to protect FTX customers: Report

Legal representatives of the media outlets have reportedly argued that FTX is not entitled to a “novel and sweeping exception” just because its customers use cryptocurrency. News Join us on social networks The four major media outlets advocating to release FTX customer names have opposed the decision to seal them. Meanwhile, a crypto lawyer told …

US Government Pays $51,600 for $300 Trash Can As American Debt Crosses $32,000,000,000,000: Report

The U.S. Department of Defense has paid $51,600 to the aerospace giant Boeing for a $300 trash receptacle, according to a new report from an American think tank. The Pentagon paid the staggering sum after the trash container became designated as a non-commercial item, reports Responsible Statecraft, which is the online magazine for the Quincy …

Celsius investors allege Wintermute took part in wash trading, price manipulation

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

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