Free Money, Less Work: A UBI Experiment’s Findings

A new experiment funded by tech mogul Sam Altman has shown that people who receive free money tend to work less. The Experiment: The study, called “The Employment Effects of Guaranteed Income,” gave 1,000 low-income individuals $1,000 per month for three years, no strings attached. The Results: While the extra money helped participants with basic…

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Crypto Needs Fed Help to Take Off, Says Analyst

Cryptocurrency markets are stuck in a rut, according to popular analyst Benjamin Cowen. He believes that the Fed’s tight monetary policy is holding back the crypto market’s growth. Fed’s Tight Grip Cowen, who has a massive following on YouTube, says Bitcoin has been slowly declining since March due to the Fed’s reluctance to loosen its…

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Is This Crypto Cycle Different?

The crypto market has been on a bit of a rollercoaster lately, with Bitcoin hitting a new high in March. But something feels different this time around. Missing the Magic According to Pacman, a crypto expert, this cycle lacks the “transformative technologies” that usually drive adoption and excitement. Previous cycles saw things like: Initial Coin…

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Bitcoin Mining Power Takes a Dip

Bitcoin’s mining power, known as the hashrate, has been on a downward trend lately. This means that fewer miners are working on the Bitcoin network, possibly because they’re not making as much money. What is Hashrate? Hashrate is a measure of the total computing power used by Bitcoin miners. When hashrate goes up, it means…

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