Author: admin

A new animated kids’ series expected to premiere this year won’t be headed for a TV network. Or a streaming service. Instead, the founders of production studio We Ghosted Media plan to launch on a decentralized web platform that uses blockchain technology. And yes, a crypto wallet will be involved. We Ghosted Media — founded by Chris Jammal, an assistant director for “Bob’s Burgers,” and Jaclynn Demas, producer of hit children’s show “Peg + Cat” — is a TV production studio abandoning traditional show release methods in favor of a decentralized approach, commonly referred to as Web3. The studio announced…

“Choose your Fighter,” Bitcoin evangelist Michael Saylor asserted on X (formerly Twitter) on Apr. 18. Saylor, co-founder and executive chairman of MicroStrategy (Nasdaq: MSTR), rebranded to Strategy, emphasized the astonishingly high return of 2,466% offered by his firm since August 2020, when it began acquiring Bitcoin. He called it the “BSE return.” The Bitcoin Standard Era, or BSE, is a conceptual metric introduced by Strategy that refers to the period since Aug. 10, 2020, when the firm adopted Bitcoin as its primary treasury reserve asset — the first U.S. public company to do so. It’s a grandstanding way of telling everyone that the company operates on the Bitcoin standard. The…

Bitcoin (BTC) is likely headed for a period of heightened volatility as 170,000 BTC — worth over $14 billion at its current price of $84,500 — have moved from wallets held for three to six months, a cohort often linked to market turning points, CryptoQuant warned in a post. On-chain behavior from this group has historically served as an early signal for major price action, according to the post. Mid-term holders are typically considered to be traders that hold a cryptocurrency for anywhere between three to 12 months. They tend to be more reactive to market conditions than long-term holders…

Crypto exchange Kraken has launched FX perpetual futures, expanding into traditional markets with round-the-clock trading for major forex pairs, the company said in a blog post Friday. The first contracts, EUR/USD and GBP/USD, are now live on Kraken Pro, with more to follow. Unlike standard forex products, FX perps have no expiry and operate 24/7, mirroring crypto futures. With FX perps, Kraken is doubling down on serving institutional and professional traders looking for deeper exposure to fiat markets through a crypto-native platform, the company said. Crypto and traditional financial markets are increasingly converging. Kraken recently launched commission-free trading for U.S.-listed…

NEW YORK, NEW YORK – NOVEMBER 30: Netflix founder and Co-CEO Reed Hastings speaks during the New … More York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. The New York Times held its first in-person DealBook Summit since the start of the coronavirus (COVID-19) pandemic with speakers from the worlds of financial services, technology, consumer goods, private investment, venture capital, banking, media, public relations, policy, government, and academia. (Photo by Michael M. Santiago/Getty Images)Getty Images Since the beginning of the year, it has become more difficult…

Welcome to your Good Friday edition of the daybook. With markets on a shortened schedule for the Easter holiday, today’s update is shortened as well. CoinDesk’s Crypto Daybook Americas will be back to its regular size on Monday, April 21. Enjoy the holiday! By Francisco Rodrigues (All times ET unless indicated otherwise) It’s Easter. Traditional markets are closed in many parts of the world and plenty of people are taking a break from work, and that’s keeping crypto markets in check as well. The CoinDesk 20 Index (CD20), a measure of the biggest, most active cryptocurrencies, has gained less than…

(Photo by Katja Buchholz/Getty Images)Getty Images As trade tensions escalate between China and the United States, investors are grappling with potential impacts on their portfolios. Concerns about stagflation—a situation characterized by rising consumer prices combined with declining economic growth—are increasing. Historically, equities have performed well during periods of inflation because companies typically pass on higher input costs to consumers to preserve their operating margins. However, during stagflationary periods, consumer spending declines as economic weakness leads to job losses and a reduction in overall demand. Investors must adapt their strategies to navigate stagflation, targeting market sectors resilient enough to withstand both…

(Photo by AaronP/Bauer-Griffin/GC Images)GC Images Netflix is “off to a good start in 2025,” the company said in its first-quarter earnings release on Thursday afternoon. Indeed, revenue was up 13%, and operating income up 27%, both ahead of the company’s typically conservative guidance thanks to “slightly higher” subscription and ad revenues, and the timing of expenses. But it’s Netflix’s still-nascent ad operation that will drive growth going forward, especially if the economic climate in the United States and beyond worsens amid ongoing trade, tariff and other uncertainties. Tucked into the investor letter that accompanied the earnings call was perhaps the…

CNN  —  President Donald Trump has repeatedly touted what he calls the return of manufacturing to the United States, hailing companies that have vowed to pour large amounts of money into making everything from computer chips to cars in America. But announcements are easy to make. In the long term, why would companies and other countries decide to invest in the US, which has upended the global economic order in just weeks? The United States moved from a stable economy, a trusted partner in trade agreements and global security, to a source of confusion and doubt in mere weeks after…

Shiba Inu (CRYPTO: SHIB) has amassed a following among a certain group of cryptocurrency enthusiasts who value community and follow the hype. It probably helps that Shiba Inu’s price has climbed astronomically since its launch in August 2020, despite the extreme volatility. As of April 17, this meme token is trading for a gut-wrenching 87% below its all-time high. That record was established in October 2021, at the tail end of a strong run for both stocks and cryptocurrencies. Speculative investors could be eyeing the current situation as an opportunity to be more aggressive. Where to invest $1,000 right now? Our…