Social token platform, Rally, has announced that it is ending its operations and discontinuing its Ethereum sidechain. This sudden move has raised concerns among its users, who are creators and fans holding Rally tokens. In an email sent out to its users, Rally warned that the NFTs on its sidechain would not be transferable to … Read more
The world’s first exchange-traded fund (ETF) for NFTs, NFTZ, is shutting down. Defiance ETFs, the company behind NFTZ, recently announced its decision to “close and liquidate” the fund by February 28th. This news has come as a surprise to many, especially since NFTZ had a highly anticipated launch back in December 2021. NFTZ was a … Read more
The mother of all collapses is coming. The Fed claims it can tackle inflation without triggering a crisis. Good luck with that! The Fed triggered a crisis with the Tech Bubble (a bubble in a single stock market sector) and the Housing Bubble (a bubble in a single asset class). And neither of those are … Read more
