Professor Andrew Urquhart is Professor of Finance and Financial Technology and Head of the Department of Finance at Birmingham Business School (BBS). This is the seventh installment of the Professor Coin column, in which I bring important insights from published academic literature on cryptocurrencies to the Decrypt readership. In this article, I study the relationship
US Treasury Secretary Scott Bessent reportedly explained in detail to President Donald Trump in private conversations that he should not dismiss Fed Chair Jerome Powell. According to sources familiar with the matter, Bessent clearly explained to Trump the risks such a step could pose to the economy, markets and politics as Powell enters the final
Strategy (formerly MicroStrategy) has achieved unprecedented all-time profit of $28.22 billion, a 65.82% return on its current $71.11 billion Bitcoin portfolio, further solidifying its position as the most successful corporate Bitcoin investor in history. The company has amassed more than 601,000 Bitcoin, outperformed the majority of institutions and maintained a perfect win streak for almost
Gemini co-founder Tyler Winklevoss has taken to the X social media platform to accuse banking giant JPMorgan of trying to “kill” cryptocurrency companies. This comes after Bloomberg reported earlier this week that America’s largest bank would start requiring fintech companies to pay fees in order to be able to gain access to the account information
Swan Chain processes Filecoin’s Commit2 zk-SNARKs using GPU-powered off-chain computing for efficient sealing proof validation. The zk-UBI Pool distributes zk-SNARK workloads to providers, enabling scalable Filecoin computation with automated task assignment. Behind the decentralized data storage process, which is said to be “perpetually undeletable,” there’s actually some serious backend work. One of them: sealing. And
Bitcoin’s price holds steady at $118,000 as it continues to consolidate below key resistance levels. The asset commands a market capitalization of $2.34 trillion with strong 24-hour trading volume of around $24.52 billion and an intraday range of $117,502 to $118,483, indicating subdued volatility near a psychological inflection point. Bitcoin On the 1-hour chart, bitcoin
Although blockchain technology has made considerable strides, bringing these innovations into traditional finance remains a complex endeavor. According to Howard Wu regulatory ambiguity was historically the biggest obstacle but now the focus has shifted toward the equally demanding task of implementation. From Regulatory Clarity to Implementation Complexities Despite rapid technical advancements in the blockchain space,
Backed by Adam Back and built around a Bitcoin-per-share model, BSTR is set to enter the public markets through a Cantor Fitzgerald-led SPAC. Table of Contents A $3.5 billion bet on Bitcoin BSTR is more than just a treasury play The Adam Back continuum BSTR joins growing list of public BTC-holding firms A $3.5 billion
Cryptocurrency analyst and trader Kevin Svenson is saying one indicator is signaling major momentum for Bitcoin (BTC). Svenson tells his 83,500 YouTube subscribers that the relative strength index (RSI), a momentum oscillator used to determine overbought or oversold conditions, is flashing a signal on the daily time frame that has previously preceded massive rallies such
The price of Bitcoin is consolidating as exchange-traded fund (ETF) inflows show no sign of slowing down. The top digital asset remains in a tight range, having formed a bullish pennant pattern, all while ETF inflows surged for the sixth consecutive week. Bitcoin (BTC) was trading at $118,200 on Saturday, July 19, a slight decrease