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Shiba Inu's Burn Rate Fires 1734% But Traders Are Still Betting Against The Memecoin—What You Need To Know
Monday, April 14, 2025 - 10:34pm | 467More than 19 million Shiba Inu (CRYPTO: SHIB) tokens were kicked out of circulation Monday, applying additional deflationary pressure on the popular dog-themed meme coin. What happened: The burn rate exploded 1734% over the last 24 hours, resulting in a supply squeeze of 19.16 million SHIB tokens,...
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Peter Schiff Dismisses Michael Saylor's Bitcoin Is Scarce Argument: 'When The Supply Of New Buyers Runs Low…'
Tuesday, September 10, 2024 - 11:50pm | 635Renowned economist Peter Schiff challenged MicroStrategy Inc.’s (NASDAQ:MSTR) co-founder Michael Saylor’s argument that Bitcoin’s scarce supply would continue to drive its price higher. What Happened: In an X post on Tuesday, Schiff acknowledged Bitcoin’s deflationary...
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Will Investing In Water Be The Next Big Thing?
Friday, August 8, 2014 - 3:53pm | 495Drought conditions through much of the southwest, and California in particular, have reignited the concept of commoditizing water resources as an investment opportunity. The need for capital and infrastructure to support clean water initiatives, as well as avoid catastrophic shortages, are just...