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From Blockchain To Ball-And-Chain: Are We Being Borg'd?
zerohedge119d ago

From Blockchain To Ball-And-Chain: Are We Being Borg'd?

From Blockchain To Ball-And-Chain: Are We Being Borg'd? Authored by Patti Johnson via The Burning Platform blog,Tokenized Tyranny: How Elites Are Digitizing Our World for Total ControlI’ve followed investigative journalist Whitney Webb’s work for years, and her once-distant warnings now feel eerily prophetic as they unfold in real time. What she has consistently exposed, the systematic digitization and commodification of everything from natural ecosystems to human life itself, is no longer speculative theory. It’s happening before our eyes.When I first encountered Whitney’s reporting, I found it hard to believe. Could this level of control and financialization truly be underway? It seemed too dystopian, too extreme. Yet after digging deeper the evidence was undeniable. What she described was not exaggeration. It was an accurate and meticulously documented reality.The tokenization of nature and humanity represents a deliberate strategy by the world’s most powerful financial institutions. Figures like BlackRock’s Chairman and CEO Larry Fink have openly championed turning the planet’s resources, and increasingly aspects of human existence, into fractionalized, tradable digital assets on blockchain-based ledgers. This creates new avenues for elite profit and unprecedented surveillance and control.With Fink now serving as Interim Co-Chair of the World Economic Forum’s Board of Trustees (alongside André Hoffmann), the technocratic elite have gained an ideal global platform to accelerate this agenda. What better forum than the WEF to mainstream and fast-track “total control” from cradle to grave.The process begins with assigning unique digital identifiers to virtually everything: land, water, forests, carbon credits, even personal behaviors and biological data. These are then logged on universal ledgers, where ownership is sliced into tradable fractions, much like stocks. But this goes far beyond traditional finance. It encompasses the Earth’s finite resources and, ultimately, the very essence of human life, all reduced to programmable, monetizable units in a centralized system of power.This is tokenized tyranny in action: a quiet revolution that could redefine ownership, freedom, and existence itself..Nature on the Chopping Block: From Forests to Fractional SharesFor nature, tokenization means chopping up wild places like the Amazon rainforest into digital securities. Each token represents a piece of land or ecosystem service such as clean air or biodiversity. Companies like O.N.E. Amazon, which is tied to U.S. intelligence and crypto investors, plan to issue these tokens backed by preservation deals. They cap the supply to make them scarce like digital gold. They install massive sensor networks and satellites to monitor every hectare in real time and collect data on everything from tree growth to animal movements. The data feeds into AI systems that manage the assets:Each initiative will be structured under a transparent, science-based framework ensuring traceability, accountability, and full respect for Panama’s sovereignty. Future projects may also explore nature-backed digital instruments as mechanisms to channel private investment into measurable conservation outcomes.Juan Carlos Navarro, Minister of Environment of Panama, stated: “As part of the partnership, O.N.E Amazon will pilot its proprietary Internet of Forests (IoFTM️), an advanced monitoring system powered by satellites, LiDAR, and ground sensors, to provide real-time ecological intelligence that supports environmental governance and transparency.”“O.N.E Amazon was created to align global capital with the conservation of our planet’s most valuable ecosystems. Together with Panama, we aim to demonstrate how innovation, transparency, and shared purpose can turn conservation into a true economic opportunity, one that benefits both nature and people. O.N.E Amazon is more than a financial instrument, it is a new contract between humanity, capital markets, and nature. When innovation meets purpose, markets become engines of regeneration,” said Rodrigo Veloso, Founder and CEO of O.N.E Amazon.Panama and O.N.E Amazon Sign a Letter of Intent to Protect the Darién Region and Pioneer New Models of Conservation FinanceWhitney calls this tokenization of nature “borgifying” the environment (Remember Star Trek and the Borg). It turns planet earth into a controllable grid.Involved parties include former BlackRock executives, Trump administration figures, and firms linked to stablecoins like Tether. They push this under the banner of sustainability while securing profits through inequitable deals with indigenous groups. Those groups get minimal shares and lose autonomy over their lands.Greenwashing in Action: Tokenized Nature Happening NowThis is already unfolding through initiatives like Natural Asset Companies (NACs), backed by the Intrinsic Exchange Group and the Rockefeller Foundation. They aim to list ecosystems on stock exchanges as new asset classes. This assigns financial value to untouched nature and creates markets for trading shares in forests or rivers. Clean Air and Water Are Worth Money as ‘Natural Asset’ Companies Attract CashThe WEF (World Economic Forum) is involved in turning nature into a commodity for investors to profit: Finance Solutions for Nature: Pathways to returns and outcomes is out now! This insight report by World Economic Forum and McKinsey & Company provides a practical framework for investors to unlock capital for nature. Key takeaways: A portfolio approach is essential: 10 priority solutions can offer investors and issuers pathways to investable returns and nature outcomes at scale. Model transactions need to be replicated: Over 20 examples of existing transactions show that success in nature finance isn’t just theory — but needs replication. Markets can’t solve nature loss alone: Traditional finance has a central role, but needs enabling policies, robust data, better de-risking mechanisms, and shifting norms to recognize nature’s full value.Finance Solutions for Nature: Pathways to Returns and Outcomes | World Economic ForumAnother example is Estonia’s Single Earth, which tokenizes forests, swamps, and biodiversity to back its MERIT token. It allows companies to buy fractional ownership for carbon offsets while claiming to make nature the new gold:“Single.Earth closes the $700 billion nature financing gap by channeling ESG (Environmental Social Governance)-driven company funds to high-impact landowners, while assessing ecological data for maximum impact globally.Bridging Nature and Finance, Climate and Biodiversity, Corporate Sustainability through Nature Financing Enterprises buy tokens to balance their impact on nature and boost ESG scores, securing a greener financial future.”In the Central African Republic, the Sango Project is tokenizing land, timber, and diamond reserves to attract investors. It turns national resources into blockchain assets. Even traditional commodities are involved, with platforms tokenizing oil and gas reserves or renewable energy sources:“The Central African Republic (CAR) has extended its Sango blockchain project to tokenization of its land and natural resources. The country, one of the poorest and most crypto-friendly in the world, is also one of the most active in crypto innovation.”Central African Republic expands Sango project to land, resource tokenizationIn 2023 Australia’s National Australia Bank issued a green stablecoin tied to verified agricultural assets and carbon credits. Their tokenized farms could soon serve as loan collateral. National Australia Bank eyeing a ‘green’ stablecoin – Ledger Insights – blockchain for enterpriseEco-Dystopia Ahead: When Nature Becomes a Profit MachineIn a future society under this system, nature becomes a Wall Street product where investors buy fractions of forests or rivers without ever setting foot there. Any “conservation” is dictated by profit motives rather than ecological needs. Entire regions could be locked into debt-like swaps where countries trade resource rights for loans. This leads to foreign-owned wind farms or bioenergy plants that displace locals.Whitney explains that this creates a tokenized world where natural disasters or climate events can spike token values. It encourages exploitation disguised as green finance. Ecosystems are managed by algorithms that prioritize financial returns over life itself. In the guise of saving ecosystems, they are tokenizing the world and making profit from their exploitation of planet earth.Humans as Assets: The Financialization of Flesh and BloodWhen it comes to human resources, Whitney extends tokenization to the financialization of people themselves. Human potential, data, and behaviors are tokenized into investable assets. This builds on impact investing where elites bet on social outcomes like reducing poverty or improving education through human capital bonds. It turns individuals into data points on a ledger.Personal information, health records, DNA, and even daily actions get digitized and fractionalized and linked to digital IDs and programmable currencies that track and control spending. It all connects to broader agendas from groups like the World Economic Forum. Humans are seen as resources to be optimized. Blockchain ensures every aspect of life from skills to biometrics becomes a tradeable commodity.From Blockchain to Ball and ChainBlockchain is often sold as a liberating technology. It’s sold as a super-secure, shared digital notebook where transactions get recorded in unbreakable blocks that form a chain. These spread across thousands of computers worldwide so no single boss can tamper with it. It promises privacy and freedom from banks or governments. But from my skeptical angle, like the one Whitney Webb takes, it’s actually shaping up to be a high-tech ball and chain designed to track and control every aspect of our lives. This happens despite those privacy boasts. While blockchain claims to be decentralized and anonymous, most versions, like Bitcoin’s, create a permanent, public ledger where every transaction is traceable forever. This makes it easy for powerful entities from governments to corporations to follow your money trail. They link it to your identity through exchanges or data leaks. They can build detailed profiles on your habits, associations, and whereabouts.Elites are co-opting this tech. They push for things like central bank digital currencies built on blockchain that tie your finances to digital IDs with biometrics. This turns everyday spending into a surveilled activity. In the future non-compliant behavior like buying the “wrong” things or associating with certain people could get you flagged, frozen out, or punished. This could mean a world where your blockchain-tracked data feeds into AI systems that predict, manipulate, reward or punish your actions.The ultimate goal is to enforce rules through programmable money. The programmable money can expire, restrict purchases, and track everything you purchase automatically. This is being pushed under the guise of security and efficiency. Critics on X say that because blockchains are so public and open, it’s easy for others to watch everything you do and even jump ahead of your trades to make quick money off you.They argue that without true privacy, decentralization just hands control to the most resourced spies. This echoes Webb’s expose on how Bitcoin’s traceability makes it a tool for destroying real financial privacy in favor of elite-controlled systems.The Blockchain Enabler: Fueling Human Tokenization at ScaleThis blockchain backbone is exactly what’s needed to make the tokenization of human resources possible on a massive scale. Without it, you couldn’t reliably slice up and trade fractions of someone’s skills, behaviors, or biometric data. Blockchain provides the immutable ledger that records every tokenized “share” of human capital.Whether it’s your work output, health metrics, or social compliance, it links them permanently to your digital ID so the elites can monitor, value, and manipulate them in real time. It turns abstract human potential into concrete, programmable assets that can be bought, sold, or penalized without escape.Human Commodification Unfolding: From Bonds to BiometricsIt seems truly unbelievable and dystopian but real-world implementations are creeping in through programs like social impact bonds.There investors fund initiatives such as prisoner rehabilitation or early childhood education.They profit if metrics like reduced recidivism are met. https://socialfinance.org/social-impact-bonds/Byte by Byte Humans are Being TokenizedThe World Bank’s Human Capital Project measures countries’ human potential as economic assets:“The Human Capital Project (HCP) is a global initiative launched by the World Bank to inspire and inform investments in human capital”It paves the way for tokenized investments in workforce development. In refugee aid, organizations use blockchain combined with biometric IDs like iris scans or fingerprints to deliver and track assistance. This is how they implement the plan byte by byte as seen in UN pilots from the World Food Programme’s Building Blocks project in Jordan, where refugees scan their eyes to buy food with aid stored on a blockchain ledger. Or UNHCR’s efforts in Ukraine distributing programmable stablecoin cash directly to digital wallets. These systems make aid traceable and “efficient.” But I see them turning vulnerable people into monitored data commodities under the guise of inclusion and empowerment.Your Skills as Tradeable TokensCompanies are experimenting with turning workers’ skills and performance into digital tokens on blockchain platforms. They break down things like work history, credentials, or gig results into small tradable pieces. This mostly targets gig workers: drivers, delivery people, freelancers who do temporary jobs through apps. Platforms verify and tokenize these, letting people buy, sell, or trade tiny fractions of a worker’s “value” (fractionalized trading: like slicing someone’s skills into shares anyone can own and trade, similar to buying a piece of a stock). It turns personal labor into digital assets that can be bought and sold.I know this sounds wild and hard to believe for most folks. I didn’t buy it either until I dug into the research myself. It’s all part of a larger agenda to digitize and control everything, your job and skills, your land, even nature under a single digital system run by a tiny elite of powerful companies and tech oligarchs. Critics call this endgame a form of fascist dictatorship known as technocracy, where “experts” and algorithms dictate life instead of democratic choice.For a real-world example happening today, check out platforms like LaborX (part of Chrono.tech), a blockchain-based freelance marketplace where gig workers’ skills and work history are verified on-chain, and payments/rewards can involve tradable tokens tied to performance bringing tokenized labor closer to reality in the gig economy: https://laborx.com/Another related case is project tokenization ideas for gig workers, as explored here: https://medium.com/@tradefin101/project-tokenization-for-gig-workers-revolutionizing-the-gig-economy-with-blockchain-20359a1ffcfd. These show early steps toward fractionalizing and trading aspects of human capital.The Ultimate Warning: A Tokenized Hellscape AwaitsIn my depiction of a tokenized future, society looks like a giant database where people own nothing tangible, as the WEF slogan suggests. The WEF idea of happiness is enforced through surveillance. Everyone carries a digital ID that opens access to jobs, services, or even basic rights. Tokens represent shares in human capital markets that reward or punish based on compliance.Governments and corporations use this to engineer behaviors like tying aid to biometric scans or tokenizing refugee programs for “inclusion.” But it really cements a system of digital serfdom. I see this leading to a loss of freedom where the elite overlords hold all the tokens. They manipulate markets to siphon wealth while the masses are reduced to monitored data streams in a hyper-financialized digital prison.Technocracy TokenopolyThe world’s billionaire elite, already far beyond any need for more wealth, now crave absolute power and control. They are quietly fulfilling the 1930s vision of the Technocracy movement led by Howard Scott and Technocracy Incorporated which declared that scientists, engineers, and technical experts should replace democratic governments and elected leaders. They viewed traditional republics and ordinary citizens as too irrational and uninformed to govern effectively, insisting only a data-driven, expert-ruled system could rationally manage resources and society for maximum efficiency.Today this technocratic ideal unfolds through the tokenization of everything: rainforests, rivers, biodiversity, human labor, skills, behaviors, and data all turned into tradable blockchain assets under the guise of sustainability and inclusion. Earth and humanity become pieces in a high-stakes game, satirized in Tokenopoly, where players buy and sell properties like the Amazon Rainforest, Nile River, Niagara Falls, CAR resources, Human Labor, and Biodiversity Credits, with cards commanding “Collect 100 Tokens” or “Go Directly to Digital Wallet.” Using AI, surveillance grids, programmable money, and immutable ledgers, the elite claim dominance and enforce compliance, building the tokenized, borgified system of digital serfdomTo pull off this nightmare, elites and tech oligarchs are racing to build AI data centers at breakneck speed devouring massive amounts of fresh water and energy just to hoard every scrap of our tokenized data. They can’t build them fast enough, but that desperation is our opening. People are waking up to their plan as their electric bills go sky high and their fresh water is drained by the data centers. People are starting to speak out.Could their pride be their downfall?How supremely arrogant of these self-anointed digital overlords to imagine they hold proprietary title over nature itself and over human beings, treating both as resources to be patented, monetized, and managed. How breathtakingly hubristic for them to insist that scientists, engineers, and technocratic elites are better suited to govern than the democratic process, elected representatives, and the will of the people.Proverbs 16:18 – Pride goes before destruction, a haughty spirit before a fall.Expose their plan before it’s too late. Don’t let them Borgify us and turn free humans into obedient, trackable nodes in their machine. Don’t let them steal nature and turn it into a commodity for the elite. Get active locally. Resist immediately. Slow their rollout to a crawl. The future isn’t theirs yet. We claim it by saying NO!Resistance is NOT futile.We will NOT comply.* * *Views expressed in this article are opinions of the author and do not necessarily reflect the views of ZeroHedge. Tyler DurdenSat, 02/21/2026 - 23:20

#CRYPTO#COMMODITIES
Reviewing Portman Ridge Finance (NASDAQ:BCIC) & SouthPeak Interactive (OTCMKTS:SOPK)
watchlistnews119d ago

Reviewing Portman Ridge Finance (NASDAQ:BCIC) & SouthPeak Interactive (OTCMKTS:SOPK)

SouthPeak Interactive (OTCMKTS:SOPK – Get Free Report) and Portman Ridge Finance (NASDAQ:BCIC – Get Free Report) are both finance companies, but which is the better stock? We will contrast the two companies based on the strength of their earnings, institutional ownership, valuation, risk, dividends, profitability and analyst recommendations. Volatility and Risk SouthPeak Interactive has a [...]

#STOCKS
External disruptions are inevitable
sarawaktribune119d ago

External disruptions are inevitable

Firms that build efficiency and diversify markets stand strongest when global shocks hit KUCHING: A 10 per cent US tariff could deliver an early jolt to Sarawak’s export engine before firms have time to recalibrate. Universiti Malaysia Sarawak (UNIMAS) senior lecturer Dr Dzul Hadzwan Husaini said the immediate impact would likely be a short-term shock [...]

#STOCKS
EUR/USD Forecast Today 22/02: Set To Rebound (Chart)
menafn119d ago

EUR/USD Forecast Today 22/02: Set To Rebound (Chart)

(MENAFN - Daily Forex) The EUR/USD exchange rate remained in a narrow range after a series of important events and macro data. It was trading at 1.1780, down from the year-to-date high of 1.2095.Top ...

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Buterin Outlines AI Stewards For Daos
menafn119d ago

Buterin Outlines AI Stewards For Daos

(MENAFN - The Arabian Post)Ethereum co-founder Vitalik Buterin has set out a proposal to integrate artificial intelligence into decentralised autonomous organisations, arguing that carefully ...

#CRYPTO
SBI Unveils Onchain Bond With XRP Incentive
menafn119d ago

SBI Unveils Onchain Bond With XRP Incentive

(MENAFN - The Arabian Post)Japan's SBI Holdings has announced plans to issue a –10 billion onchain bond that will be settled via blockchain technology and offer XRP rewards to eligible retail ...

#CRYPTO
Prosperous ExxonMobil sells poverty improvement
kaieteurnewsonline119d ago

Prosperous ExxonMobil sells poverty improvement

(Kaieteur News) – A man from outer space came to Guyana and spoke all the right words at the fifth gathering of the Guyana Energy Conference and Supply Chain Expo. Dan Ammann is the latest from ExxonMobil’s gallery of supersalesmen to market the company and all that it is doing for Guyana. Ammann comes with the [...]The post Prosperous ExxonMobil sells poverty improvement appeared first on Kaieteur News.

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European leaders strong presence at India AI impact summit 2026 signals strategic shift in India-EU tech partnership
organiser119d ago

European leaders strong presence at India AI impact summit 2026 signals strategic shift in India-EU tech partnership

The India AI Impact Summit 2026 in New Delhi marked a defining moment in India’s global technology diplomacy, as Europe turned out in unprecedented numbers to engage with India’s rapidly evolving artificial intelligence ecosystem. With 11 heads of state or government and official representation from 26 European countries, the summit saw the largest European delegation ever to attend a technology-focused event in India. The scale and composition of the European presence, led by leaders such as French President Emmanuel Macron, Spanish Prime Minister Pedro Sanchez, Finnish Prime Minister Petteri Orpo, and Swedish Deputy Prime Minister Ebba Busch, signalled far more than diplomatic courtesy. It reflected a strategic recalibration in Europe’s outlook towards India as a central actor in the global AI and technology order. Prime Minister Narendra Modi held multiple bilateral meetings on the sidelines of the summit, including with Macron, Sanchez, Orpo, and leaders from Estonia, Serbia, Croatia and Switzerland. Further engagements were lined up with representatives from the Netherlands and Switzerland, highlighting a dense calendar of strategic interactions tied to AI, trade, defence and digital innovation. Europe’s strategic turn toward India The breadth of European participation demonstrated that the continent increasingly sees India not merely as a large consumer market but as a co-architect of global technological governance. The summit took place against the backdrop of advancing negotiations and political momentum around the proposed India-EU Free Trade Agreement (FTA), adding economic weight to the technological discussions. European leaders explicitly linked AI cooperation with long-term trade integration. Ebba Busch described the India-EU FTA as “more than just trade,” framing it as a value-based alignment between democratic economies. Her remarks highlighted that Europe views India as a strategic partner in shaping the future of digital economies grounded in shared principles such as transparency, accountability and human-centric development. Similarly, Petteri Orpo emphasised that an EU-India trade deal represents what “the world needs, not tariffs,” signalling Europe’s broader push for diversified and resilient economic partnerships amid rising global protectionism. The turnout also reflected growing European confidence in India’s economic trajectory and regulatory maturity. After years of negotiations, the renewed momentum in trade talks appears to have strengthened Europe’s willingness to engage more deeply in India’s technology ecosystem. India as a co-architect of global AI norms At the heart of the summit was artificial intelligence and the question of who shapes its global governance framework. Europe, home to the world’s first comprehensive AI legislation, positioned itself as a global leader in responsible AI regulation. However, the tone at the summit was not prescriptive but collaborative. President Emmanuel Macron openly praised India’s digital public infrastructure, noting that India had built “a digital identity for 1.4 billion people” and a payment system processing billions of monthly transactions. His remarks were widely interpreted as recognition of India’s scalable, inclusive technology model, including Aadhaar and UPI, which has attracted global interest as a replicable template. Macron further stressed that Europe is determined to “shape the rules of the game” in partnership with allies like India. The message was clear: Europe sees India not as a passive rule-taker but as a partner in crafting global AI standards. Spanish Prime Minister Pedro Sánchez echoed this approach, underlining the need for AI that “puts people at the centre.” This aligns closely with India’s narrative of AI as a tool for inclusive growth and social development, rather than purely commercial acceleration. Sweden’s Ebba Busch added that it was no coincidence India was hosting the summit in the Global South for the first time. Her statement acknowledged India’s rising leadership role among emerging economies in shaping technology governance. Together, these remarks pointed to a growing convergence between Europe’s regulatory philosophy and India’s development-oriented AI framework, potentially laying the groundwork for regulatory interoperability between the two regions. Semiconductor diplomacy and supply chain realignment Beyond AI governance, the summit carried strong geopolitical undertones related to semiconductor manufacturing and supply chain diversification. Countries such as the Netherlands and Belgium play critical roles in the global semiconductor ecosystem, particularly in advanced lithography equipment and supply chain components. Germany, meanwhile, is emerging as Europe’s chip manufacturing hub. Estonia is widely recognised for its vibrant AI startup ecosystem, while Switzerland is known for its world-class AI research institutions. For India, which has been aggressively pursuing semiconductor manufacturing under its national technology mission, these engagements present strategic opportunities. Partnerships with European chip leaders could help India: 1. Reduce dependence on East Asian semiconductor supply chains 2. Accelerate domestic chip fabrication and design capabilities 3. Integrate into trusted global technology supply networks 4. Enhance resilience in critical technology infrastructure The size of the European delegation, representing 26 nations, sent a broader geopolitical message: Europe seeks deeper technological and economic integration with India amid shifting global alignments and rising strategic competition in the Indo-Pacific. Elevation of strategic partnerships The summit also witnessed the elevation of India-France relations to a Special Global Strategic level, reinforcing cooperation across defence, space, nuclear energy and AI innovation. France has long been one of India’s most reliable strategic partners in Europe, and the new designation formalises deeper coordination in emerging technologies and global governance platforms. Simultaneously, progress in India-United Kingdom FTA negotiations and defence roadmap discussions indicated that AI cooperation is embedded within a larger matrix of defence technology co-development, cybersecurity collaboration and mobility agreements. Meetings with leaders from Finland, Serbia, Croatia, Estonia and Switzerland expanded India’s diplomatic footprint beyond traditional Western European powers into Northern, Central and Eastern Europe. This diversification suggests that India is broadening its European engagement strategy, aligning innovation partnerships with regional strengths. From optics to operational outcomes While high-level attendance often generates headlines, the operational implications of this summit appear substantial. First, it strengthens India’s position as a convening power in global AI governance, particularly within the Global South. By attracting Europe’s top political leadership, India signalled its capacity to bridge developed and developing economies in discussions around ethical AI, regulatory harmonisation and innovation financing. Second, the summit reinforced the political momentum behind the India-EU FTA. Leaders repeatedly framed technology cooperation [...]

#TECH
Copper, a coveted metal boosting miners
djournal119d ago

Copper, a coveted metal boosting miners

BHP, Glencore and Teck Resources -- three mining giants whose annual results have revealed significantly increased profits thanks in large part to soaring copper prices.

#ECONOMY
Bitcoin Sharpe Ratio Falls To -38: Why This Is Super Bullish, According To Analyst
newsbtc119d ago

Bitcoin Sharpe Ratio Falls To -38: Why This Is Super Bullish, According To Analyst

Market analyst Michaël van de Poppe has noted an important on-chain development that implies a brewing market rebound. This market insight comes as Bitcoin continues to consolidate below $70,000, reporting a 2.38% loss in the past week. Related Reading: Bitcoin Whale Profit-Taking Sees 7th Surge Since 2024 — What To Expect Bitcoin Short-Term Sharpe Ratio Indicates Bear Market End In an X post on February 21, van de Poppe shares a bullish view on the Bitcoin market, referencing historical data of the Bitcoin Sharpe Ratio – an on-chain metric that measures how much excess return Bitcoin generates per unit of volatility. The Sharpe Ratio is cyclical. It’s highly positive during bull markets but turns negative during extended drawdowns. According to data shared by de Poppe, the Bitcoin Sharpe Ratio has dropped to -38.38 in the short term, which is historically recognized as a low risk accumulation zone. De Poppe explains that the Sharpe Ratio has touched similar levels in the past thrice, in early 2015, early 2019, and late 2022. Each time, this dip has preceded a major price rally. This is because a crash to these extremely low levels on the short-term chart suggests Bitcoin is underperforming in terms of risk-to-reward ratio, presenting the ideal point for a market entry. Over the past five months, Bitcoin has experienced a steep bear market, resulting in a total decline of 45.86% compared to its all-time high in October. In February alone, BTC prices have fallen by over 23% as prices dipped as low as $60,000 at the beginning of the month. De Poppe’s analysis shows that this recent crash has also negatively altered the BTC to Gold ratio, creating a potentially market opportunity due to the imbalance between both assets. Going by the historical price reaction to such conditions, the market expert explains that the Sharpe Ratio has highlighted this opportunity, which he described as super bullish. Related Reading: XRP Tipped As Central Bank Bridge Asset — Bigger Than Bitcoin? Bitcoin Market Overview At the time of writing, Bitcoin trades at $68,299, representing a 0.72% gain in the past day. However, the daily trading volume is down by 50.04% and is valued at $19.15 billion. Notably, market analyst KillaXBT expects Bitcoin to retrace to around $67,800 on Monday in an effort to fill the CME gap created over the weekend. The premier cryptocurrency has shown a solid record on this front, with 96% of the CME gaps observed since 2022 getting filled within a maximum of two weeks. Featured image from Unsplash, chart from Tradingview

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Larry Ellison Says He Was Drawn To Computers Due To Basketball, Saying It Was 'Immediate Feedback' That Got Him Hooked: 'You Win Or Lose Very Quickly'
benzinga119d ago

Larry Ellison Says He Was Drawn To Computers Due To Basketball, Saying It Was 'Immediate Feedback' That Got Him Hooked: 'You Win Or Lose Very Quickly'

The Oracle Corp co-founder once revealed that his love for programming was rooted in the instant results it offered, much like scoring a basket in sports.Early Lessons In ProgrammingLarry Ellison, a college dropout who co-founded Oracle with just $2,000, has often credited programming for shaping his competitive mindset.In a 1997 interview, Ellison explained that as a teenager, he was drawn to computers because they were "completely logical" and detached from subjective trends or fashion."I liked what I was doing; it was very profitable, it was very creative and it was also giving immediate feedback," Ellison said. "I could start writing a program and within several hours, I could have a result."The Allure Of Immediate FeedbackEllison likened coding to playing basketball, where success and failure are clear and immediate. "The reason ...Full story available on Benzinga.com

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