description: speculative bubble of cryptocurrency assets
12 results
by Jacob Silverman · 9 Oct 2025 · 312pp · 103,645 words
advisory team members present vowed to prevent the mayor from getting involved in the program. There was a hitch: it was the height of the cryptocurrency bubble, and Eric Adams had embraced the industry wholeheartedly. In addition to being paid in crypto, he attended conferences and said blockchains should be used to
by Edward Chancellor · 15 Aug 2022 · 829pp · 187,394 words
. Never mind that central bank policies contributed to rising inequality, undermined financial stability, encouraged ‘hot money’ capital flows and fostered numerous asset price bubbles, from luxury apartments to cryptocurrencies. As Draghi expressed it: ‘This is not a question of trade-offs. We cannot shy away from implementing a policy that ensures price
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taste), bubbles in vintage cars and fancy handbags, bubbles in ‘super-city’ apartments, bubbles in sovereign bonds, bubbles in Silicon Valley unicorns and cryptocurrencies, and a giant bubble in American stocks. Never before in history had so many asset price bubbles inflated simultaneously. But then, never before in history had interest rates
by Zeke Faux · 11 Sep 2023 · 385pp · 106,848 words
“dacoinminster” had posted a proposal on the popular message board Bitcointalk that would lead to the creation of Tether and make the entire $3 trillion cryptocurrency bubble possible. He called his idea “MasterCoin.” Dacoinminster’s real name was J. R. Willett, and he was a thirty-three-year-old software developer at
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career as plastic surgeon, 11, 40–41 Chalopin and, 67 as de facto CEO of Tether, 137 Faux’s article blasted by, 68–69 first cryptocurrency bubble and, 51 Keiser and Herbert and, 205, 210, 239 loan to FTX refused by, 231 on Madoff, 45 money transfers from Crypto Capital, 61, 62
by Camila Russo · 13 Jul 2020 · 349pp · 102,827 words
been created, and the speculation around them helped fuel the rally that year. When the early Ethereum team gathered in Miami, the first alt-coin bubble in cryptocurrencies’ short history had just reached its high point. As they schemed and dreamed of greatness, they were also planting the seeds for what would
by Laura Shin · 22 Feb 2022 · 506pp · 151,753 words
, he saw it featured twelve articles on topics such as the personality of anonymous Bitcoin creator Satoshi Nakamoto, the history of previous attempts at cryptocurrency, and the Bitcoin bubble of 2011. (The price had barely budged from Christmastime and was now about $5.) Scanning the magazine’s sixty-nine pages, Vitalik realized
by Nate Silver · 12 Aug 2024 · 848pp · 227,015 words
of social interaction, Americans’ appetite for YOLO (You Only Live Once) behavior exploded, manifesting itself in everything from illegal fireworks displays to traffic accidents to cryptocurrency bubbles. (Bitcoin prices increased roughly tenfold in the year after the WHO declared COVID-19 to be a pandemic.) And so in April 2021—even as
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between live and online WSOP tournaments, but bracelets remain highly coveted. BTC: An abbreviation for the current market price of Bitcoin, the native cryptocurrency of the Bitcoin blockchain. Bubble (poker): The stage of a poker tournament just before cash prizes are awarded. It can compel significant departures in strategy, such as big
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, 43, 506n raise-or-fold attitude and, 230 sports betting and, 194–95 Super/System, 39–40, 45–46 on tight-aggressive strategy, 39, 498 bubble, cryptocurrency, 306–7, 307, 310, 311–18, 317 bubble (poker), 480 Buchak, Lara, 364–66 Buffett, Warren, 344, 431n, 497 bullet (poker), 480 bust out, 480
by Scott Patterson · 5 Jun 2023 · 289pp · 95,046 words
Tesla, he was riding what Sornette called the Green Energy Bubble (Musk was one of its principal creators, Sornette believed). Musk was also dabbling in cryptocurrencies—another bubble, thought Sornette. Sornette’s monthly Global Bubble Status Report in February 2020 noted: “As the dragonhead of the Electrical Automobile companies, Tesla has persuaded
by William Quinn and John D. Turner · 5 Aug 2020 · 297pp · 108,353 words
the 20 largest cryptocurrencies, fell by over 93 per cent.6 The bubble triangle presents a framework that applies just as well to the 2017 cryptocurrency bubble as it does to any of the financial bubbles over the past 300 years. But how good will it be at predicting future bubbles? The
by Philipp Carlsson-Szlezak and Paul Swartz · 8 Jul 2024 · 259pp · 89,637 words
looking to extend the cycle whenever possible. Second, the shift toward a more deregulated and financialized economy encourages bubbles. Financial innovations can even become the bubble (see cryptocurrencies) or they can help inflate them (see the complex mortgage securitization during the housing bubble). And even if the forces of deregulation weaken, ample
by Sebastien Page · 4 Nov 2020 · 367pp · 97,136 words
assets has been largely supported by fundamentals. Investors have become more cautious. Some refer to this rally as an unloved bull market. There was a bubble in cryptocurrencies, but it’s been deflating somewhat slowly and, so far, without systemic consequences. However, we do worry about latent risks such as the unprecedented
by Gautam Baid · 1 Jun 2020 · 1,239pp · 163,625 words
by Grace Blakeley · 11 Mar 2024 · 371pp · 137,268 words