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Jack Martin

Jack Martin's Observations 202 Articles
Adoption   -   Oct 25, 2023 Lies, Damned Lies, and Statistics: Who to Trust on Crypto Adoption?
Lies, Damned Lies, and Statistics: Who to Trust on Crypto Adoption?

In Coinbase’s ‘America Loves Crypto’ marketing campaign, the exchange claims that 52 million Americans, or 20 percent of the country’s population, own crypto. However, the Federal Reserve puts the figure at around 10%. So which (if any) is true?

Jack Martin
Meme-coins   -   Oct 25, 2023 Uniswap Founder Wants Out of Namesake Meme-coin so Burns $650 Billion
hayden adams haycoin burn

Hayden Adams created HayCoin for testing five years ago (before Uniswap was launched) and only ever issued a tiny fraction as a liquidity pool. In the past few weeks it has been jumped upon and traded as a meme-coin, so to distance himself, Adams burned the 99.99% he still held.

Jack Martin
Newsletters   -   Oct 22, 2023 Sunday Review 22/10/2023
Sunday Review 22/10/2023

The heirs of the late Silvio Berlusconi have been wondering what to do with the former Italian Prime Minister's collection of over 25,000 largely worthless pieces of art. According to the BBC, "Woodworms have already destroyed part of the collection. In some cases, the cost of

Jack Martin
FTX   -   Oct 22, 2023 Form an Orderly Queue: FTX Submits Confusing Customer Settlement Plan
FTX retur

The FTX Debtors proposed a settlement of customer property disputes this week, but it was so badly (or cleverly depending on how cynical you are) worded that most media outlets reported the wrong facts.

Sasha Markevich & Jack Martin
CBDC   -   Oct 20, 2023 European Central Bank Moves to ‘Preparation Phase’ on Digital Euro
ECB President Christine Lagarde Digital Euro

Following a two-year investigation, the ECB is starting to lay the foundations for the potential issuance of its CBDC, although a final decision on whether to launch the digital euro has still not been made.

Jack Martin
Bitcoin ETF   -   Oct 19, 2023 Desire for Spot Bitcoin ETF Sees Price Soar on False Approval Report
Spot Bitcoin ETF Sees Price Soar on False Approval Report Cointelegraph

After Cointelegraph posted on X to say that the BlackRock spot bitcoin ETF had been approved by the SEC, BTC price jumped by 7% before falling back to its original level. BlackRock’s CEO said this demonstrated the “pent-up interest in crypto.”

Jack Martin
Adoption   -   Oct 17, 2023 Ferrari will Accept Bitcoin, Ether and USDC for New Car Purchases
Ferrari sold bitcoin crypto

The Italian supercar builder has started accepting cryptocurrency payments at dealerships in the U.S. with plans to extend the scheme to Europe following requests from customers. But what else can you buy using bitcoin?

Jack Martin
Newsletters   -   Oct 15, 2023 Sunday Review 15/10/2023
Observers.com Sunday review

It's go big or go home this week, with two record breaking human achievements to start your Sunday. The "world's largest offshore wind farm" generated its first electricity for the U.K. national grid... although currently only one of the planned 277 turbines is

Jack Martin
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