Many large financial institutions have performed an about-turn in cryptocurrency during the last few years, moving from a position of outright hostility to one of acceptance and even enthusiasm. But […]
By comparison with assets like gold, real estate and government bonds, the advantages of bitcoin as a store of value are that it is electronic, operates on a decentralised blockchain […]
More than five thousand years before European states launched the euro, the region already had a single currency—bronze. According to researchers Nicola Ialongo from Göttingen University and Giancarlo Lago from […]
Political revolutions often go hand-in-hand with revolutions in money. Stores of value change, the way we make payments changes, our attitudes to credit change. According to Rebecca Spang, professor of […]
The biggest crises in financial markets happen when an asset previously assumed to be safe turns out not to be. Investors rush to sell it, they find they can’t get […]
John Kiff, our guest on the latest New Money Review podcast, prefers what he calls the ‘edgy’ areas of finance—from over-the-counter (OTC) derivatives to fintech and cryptocurrency. He also wants […]
Could a bitcoin arbitrage-gone-wrong have broader consequences for the cryptocurrency market? ‘GBTC’, the US-listed Grayscale Bitcoin Trust, is a true bitcoin whale, owning more than 3 percent of the cryptocurrency […]
Why is the price of bitcoin for future settlement above the current (‘spot’) price? How are hedge funds trying to arbitrage differences in cryptocurrency funding rates? Why is the largest […]
In an extended interview, media scholar Andrey Mir, author of “Postjournalism and the death of newspapers”, talks about the social media-driven polarisation in society and explains why our future money […]
Ten-year US Treasury bond yields could double again from current levels, unsettling stock markets. The V-shaped economic recovery we’ve seen since the coronavirus panic of last March could push US […]