BITCOIN

Nobel Prize-winning economist Paul Krugman believes that an alien invasion would be inflationary, not deflationary. He reiterated that “the government should lie and claim that we were facing an imminent alien invasion.” He added: “If there is intelligent life out there, it’s almost surely thousands or millions of years ahead of us.” Paul Krugman on Alien Invasions Nobel laureate Paul Krugman discussed a variety of topics, including alien invasions and the U.S. economy, on Bloomberg’s Odd Lots podcast, published Friday. Krugman won the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 2008 for his analysis of trade patterns and location of economic activity. He was asked: “Do you think there could be life elsewhere in the galaxy?” The economist replied: “I would think that it’s extremely unlikely that there isn’t.” Krugman was also asked: “Would an alien invasion be deflationary or inflationary?” The Nobel laureate replied: I think that we can say it prett

Rich Dad Poor Dad author Robert Kiyosaki has urged investors to buy silver before it’s gone, noting that the precious metal is getting rarer. He stressed that silver is “a better bargain” as a long-term investment than gold. Robert Kiyosaki Urges Investors to Buy Silver The author of Rich Dad Poor Dad, Robert Kiyosaki, has urged investors to buy silver before it’s gone, noting that the precious metal is becoming rarer. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. Kiyosaki tweeted Monday that he considers both gold and silver God’s money. However, the author pointed out that gold is multiple times more expensive than silver, noting that the latter, being an industrial precious metal, is becoming rarer due to its usage. Kiyosaki expressed his belief that silver is a better bar

Chainlink was one of the notable movers on Monday, as the token ended a streak of four consecutive days of declines. The move comes despite the global market cap mostly trading lower to start the week, falling 0.23% as of writing. Dogecoin fell for a second straight session. Chainlink (LINK) Chainlink snapped a four-day losing streak on Monday, despite the global market cap mostly tracking lower to start the week. Following a low of $7.32 on Sunday, LINK/USD jumped to a peak of $7.54 earlier in today’s session. Monday’s move sees chainlink edge closer to a key resistance level of $7.65, which was last truly broken on July 30. In addition to this, an upward crossover between the 10-day (red) and 25-day (blue) moving averages looks imminent. Should this occur, there is a strong possibility that chainlink may not only move past the aforementioned ceiling, but closer to the $8.00 level. At the time of writing, LINK is tracking at $7.49. Dogecoin (DOGE) On the other side of the sp

Statistics reveal a continued trend in the number of Ordinal inscriptions, which recently eclipsed the 23 million mark. The month of August, however, has experienced two notable dips, each registering fewer than 100,000 inscriptions per day. These low points in August occurred specifically on August 4 and August 8, 2023. From Records to Recursive Ordinals On August 11, 2023, the Bitcoin blockchain observed the number of Ordinal inscriptions exceeded 23 million. That particular day documented an impressive 252,653 inscriptions, representing more than half of the highest figure in August. This apex transpired on August 6 as a remarkable 408,810 inscription records were engraved into the chain. This record-breaking feat on August 6 stands as the second-highest daily tally since the introduction of the Ordinal inscription trend. Since Ordinals’ inception in December 2022, bitcoin ( BTC ) miners accumulated a total of 1,902.58 BTC from inscriptions, equating to over $55 million in va