pagadesign Well, the U.S. budget situation has ascended to the lead opinion piece in the Financial Times. We read about “The long shadows of America’s growing debt.” And, the editors of the Financial Times close with “Sooner or later policymakers need to engage in bipartisan efforts to think seriously about how America funds itself responsibly….
Daddy1971/iStock via Getty Images We believe that most investors are wrong in judging Fair Isaac Corporation (NYSE:FICO) stock as expensive based on current multiples. The pricing power and unique positioning in the market as a natural monopoly make the company still cheap relative to its prospects. We expect topline growth to continue supported by strong…
First, 50. Then, 25. Eventually, 12.5. After that, 6.25. And now, 3.125. Four halvings later, we enter the fifth of 33 epochs of Bitcoin. The first 32 epochs, in Bitcoin-terms, last 210,000 blocks, with the 33rd lasting until the heat death of the universe. At 10 minutes per block, on average, that means just about…
JHVEPhoto/iStock Editorial via Getty Images Business Overview I initiated coverage of Charles Schwab (NYSE:SCHW) in August of 2023 with a Strong Buy rating at the price of $56.46. Schwab has outperformed the S&P since, posting a 25% total return vs. 16% from the index. Historically, Schwab has outperformed the wider index marginally and industry peers…
BitVM has recently come under some scrutiny after the Taproot Wizards, Tyler and Rijndael, posted their criticism of the liquidity requirements imposed on the operator of a BitVM based two-way peg. In all the recent discussions around BitVM based layer two solutions, I had taken for granted that people discussing them and interested in the…
ABEMOS Texas Pacific Land Corporation (TPL) investors had a very tough 2023. It was rough to see the broader market power higher driven by tech. However, a land investor playing on the oil and gas theme can look past that. One did expect TPL to suddenly announce that they had found an AI-themed play on…
Following a spike in demand, Solana has canceled some orders of Saga mobile phones due to shortages. Demand rose due to the free 30 million BONK tokens that come with the phone. Solana Labs might have already had a win on its hands with its blockchain and native token which have become some of the…
To uphold the token’s value, stablecoin issuers often reserve cash or liquid assets. Amid rising interest rates, DWS is poised to manage the reserves for the new stablecoin. Deutsche Bank’s DWS Group, along with Dutch market maker Flow Traders Ltd. and crypto fund manager Galaxy Digital Holdings Ltd, is set to establish a new entity…
Stephen Lam Introduction As stocks go up, investors actually seem to consider stocks cheaper and tend to be greedy. Warren Buffett has often spoken about this issue. Salesforce (NYSE:CRM) is one of the stocks that has caught many investors’ attention in the past few years, with huge runs up and then steep drops. Among many…
“This letter is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to subscribe now.” First things first, the primary function of Bitcoin is to remove the State’s special privilege of debt pardoning through monetary printing. Bitcoin is rules without rulers; a cypherpunk technology that empowers the individual with verifiable financial independence. A peer-to-peer bitcoin…
The in-principle approval granted by the Monetary Authority of Singapore positions Paxos to offer digital payment token services, marking a significant step towards establishing a foothold in the Singaporean market. Blockchain infrastructure firm Paxos has announced plans to issue a US dollar-backed stablecoin for its customers in Singapore. The initiative comes after Paxos reportedly received…
It appears X, Tesla, SpaceX, Neuralink, and xAI won’t be issuing their own cryptocurrency anytime soon. Announced on X late last week, Elon Musk has declared that none of his companies will be launching a cryptocurrency token, in a move that underscores a shift in the tech industry’s attitude toward competing with Bitcoin as a digital currency. …
Jeff Schear/Getty Images Entertainment Disney (NYSE:DIS) recently slumped to decade lows due to struggles with turning the streaming business into a profitable endeavor. Disney+ was supposed to be the future of the media empire, but the recent financials breakout highlights the lingering importance of sports to the media giant. My investment thesis turns more Neutral…
In the lawsuit, Schiermeyer accused co-founder Thurston of moving GALA tokens from wallet under Gala Games’ control to 43 different wallets. Co-founders of blockchain gaming platform Gala Games have engaged in a legal battle over two separate lawsuits filed in the court. One of the co-founders alleged the theft of $130 million worth of Gala…
Bitcoin Magazine has just launched its latest Ordinal inscription, honoring the new tradition of publishing the print edition covers directly to the Bitcoin blockchain. This time, the company inscribed both the front and back cover of the magazine, as the “Withdrawal Issue” shows a unique full-spread design, complete with the spine. Differently from previous launches,…