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Treasury Secretary Urges for More Aggressive Spending, President Biden Reveals $6T Spending Plan
While the crypto market is waiting for direction, Janet Yellen calls for more funding to run her agency and improve tax collection, while the proposed budget for the next fiscal year will bring US federal spending to the highest sustained level since World War II. дальше »
2021-5-27 20:21 | |
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White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation
On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U. дальше »
2021-5-28 19:30 | |
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Cryptocurrency Mining Banned in Iran as Blackouts and Power Shortages Intensify
Iranian President Hassan Rouhani has announced that cryptocurrency mining is banned in Iran, effective immediately. The ban, which will last until Sept. 22, is imposed as many cities in the country are facing major power blackouts. дальше »
2021-5-27 18:00 | |
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Ethereum to have long-term bull run, says a Wall Street veteran
President and Macro Strategist at Bianco Research, Jim Bianco, has revealed his thoughts on the present crypto market and what the future holds for assets like Ethereum (ETH/USD). The veteran market forecaster was interviewed on CNBC about his thoughts on the important drivers in the crypto space. дальше »
2021-5-28 14:04 | |
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Iran bans crypto mining – a long period of inactivity ahead for miners
In a bid to cut down on power consumption, Iran’s government has banned the mining of Bitcoin and other cryptocurrencies until the nation’s power issue is resolved. On Wednesday, the country’s president Hassan Rouhani stated that there have been energy-intensity blackouts in some Iranian cities. дальше »
2021-5-28 13:55 | |
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Federal Reserve Bank President Says Most Cryptocurrencies Are Worthless
The president of the Federal Reserve Bank of St. Louis, James Bullard, says that most cryptocurrencies are “worthless. ” He noted that if “cryptocurrency can facilitate transactions that are difficult to make in conventional currencies, then they will have a purpose and might circulate alongside the nation-backed currencies. дальше »
2021-5-27 02:00 | |
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Iran Blaming Bitcoin Mining for Blackouts Yet Again, Bans Crypto Mining for Four Months
Iran is banning the mining of Bitcoin, and other cryptocurrencies over concerns of high levels of energy consumption said President Hassan Rouhani on state TV on Wednesday. The ban is effective immediately and will last until September 22. дальше »
2021-5-27 21:05 | |
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Fed Reserve and Bank of England Chiefs Criticise Crypto
Atlanta Federal Reserve President Raphael Bostic believes the cryptocurrency sector deserves attention, especially now… The post Fed Reserve and Bank of England Chiefs Criticise Crypto appeared first on Coin Journal. дальше »
2021-5-26 14:57 | |
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Nigeria Bureau De Change Association Boss Accuses Speculators of Destabilizing the Naira— Says Central Bank Funding Will End Currency Woes
According to the head of the Nigerian group of bureau de change operators, the naira’s continued fall on the parallel market is down to the activities of speculators. However, Aminu Gwadabe, the president of the Association of Bureau de Change Operators of Nigeria (ABCON), suggests that only a “massive funding” of bureau de change (BDC) […] дальше »
2021-5-22 15:00 | |
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Futu to Add Cryptocurrency Trading in U.S, Singapore and Hong Kong
Futu, one of the leading trading brokerages in China, revealed its plans to offer cryptocurrency trading later this year. In its earnings call earlier this Wednesday, senior vice president Robin Li Xu told analysts that Futu would be applying for digital-currency related licenses in the United States, Singapore, and Hong Kong. Despite these changes, crypto […] дальше »
2021-5-22 02:56 | |
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Futu set to offer crypto services in the US, Singapore, and Hong Kong
Futu Holdings Ltd., a rapidly growing crypto brokerage firm in China, is planning to offer crypto trading to international clients before the end of the year. The company unveiled this news during its Q1 earnings call on May 20, with its Senior Vice President Robin Li Xu, disclosing that the firm has already started applying […] The post Futu set to offer crypto services in the US, Singapore, and Hong Kong appeared first on Invezz. дальше »
2021-5-22 20:18 | |
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Biden’s Administration Unveils Proposed Crypto-Tax Measures
As part of President Joe Biden’s new tax enforcement measure, the US Department of Treasury has introduced legislation to combat tax evasion involving cryptocurrencies. Treasury Proposes Measures To Prevent Crypto-Tax Evasion The U. дальше »
2021-5-21 22:19 | |
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US Treasury Unveils Biden’s Proposed Tax Measures — Cryptocurrency Transfers Over $10,000 to Be Reported to IRS
The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures is a requirement for businesses that receive crypto assets with a fair market value of more than $10,000 to report transactions to the IRS. Treasury […] дальше »
2021-5-20 20:32 | |
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European Central Bank (ECB) Vice President Shreds Cryptocurrencies Amid Market Crash
Crypto Has Weak Fundamentals Speaking in an interview with Bloomberg TV on Wednesday, Guindos said that this is primarily due to the novel industry's weak fundamentals. “When you have difficulties finding out what are the real fundamentals of an investment, then what you're doing is not a real investment. дальше »
2021-5-20 18:31 | |
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ECB Vice President Says Crypto Assets Are ‘Not a Real Investment’ Citing Weak Fundamentals
The vice president of the European Central Bank (ECB), Luis de Guindos, has warned that crypto assets are “not a real investment” and are “subject to a lot of volatility. ” His comments followed massive sell-offs across a broad range of cryptocurrencies. дальше »
2021-5-20 03:30 | |
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ECB VP Continues to Doubt Validity of Cryptocurrency
European Central Bank’s vice president Luis de Guindos says crypto investments have "weak fundamentals" and are not real assets, as the market loses $750 billion. The post ECB VP Continues to Doubt Validity of Cryptocurrency appeared first on BeInCrypto. дальше »
2021-5-20 00:30 | |
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Federal Reserve Bank Presidents: Cryptocurrency Sell-off Not a Systematic Concern, Does Not Affect Fed Policy
Cryptocurrency sell-off is not a systematic concern for the Fed and does not affect Fed’s policies, two Federal Reserve Bank presidents said Wednesday. “We are all quite aware that crypto can be very volatile,” said the president of the Federal Reserve Bank of St. дальше »
2021-5-19 21:30 | |
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Wells Fargo Unveils New Crypto Strategy For Qualified Clients
Wells Fargo might become the latest banking firm to embrace cryptocurrencies. The bank is set to debut its new cryptocurrency investment strategy in Mid June, according to Business Insider. From Crypto Cynic to Believer The strategy would see qualified investors get some form of Bitcoin exposure, as stated by Darrell Cronk, the president of the […] The post Wells Fargo Unveils New Crypto Strategy For Qualified Clients first appeared on BitcoinExchangeGuide. дальше »
2021-5-20 20:21 | |
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Wells Fargo Gets Into Crypto With Upcoming ‘Professionally Managed’ Cryptocurrency Investment
Wells Fargo will soon offer “a professionally managed solution” for cryptocurrency to clients. “We think the cryptocurrency space has just kind of hit an evolution and maturation of its development that allows it now to be a viable investable asset,” said the president of Wells Fargo Investment Institute. дальше »
2021-5-19 20:00 | |
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Gold Is Trying to Steal the Limelight Back from Bitcoin, Which is Waiting for Direction
Meanwhile, the US dollar is sliding, working on hitting fresh lows for the year, after Dallas Federal Reserve President Robert Kaplan reiterated that he does not expect rates to increase until next year, meaning US monetary policy will remain easy. дальше »
2021-5-18 15:51 | |
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Brazilians Can Now Bet on President Bolsonaro’s Reelection Bid on FTX
Crypto derivatives exchange FTX has launched a futures contract that allows Brazilian voters and traders in jurisdictions where the platform is available to bet on the outcome of Brazil’s next presidential election. дальше »
2021-5-17 15:00 | |
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Crypto currently is comparable to the early days of cell phones, Coinbase President says
Crypto needs to be more user-friendly, according to Emilie Choi.
дальше »2021-5-15 19:56 | |
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Cuban President Discusses Adopting Cryptocurrencies for the ‘Convenience’ of the National Economy
Cuba has been actively discussing the possibility of adopting cryptocurrencies over the last few months during high-political summits. This time, the president of the Caribbean island discussed crypto assets once again during a virtual currencies topic on the summit agenda, talking about the possibility to consider it for future economic plans. Discussions Underway Despite Domestic […] дальше »
2021-5-14 05:00 | |
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Joe Biden’s Trillion-Dollar Stimulus Bill Pushes Miami Mayor to Buy Bitcoin
Miami Mayor Francis Suarez has revealed that he bought bitcoin and ether right after the $1.9 trillion stimulus bill passed the Senate, heading to President Joe Biden’s desk to be signed. He said bitcoin “is definitely going to go up … because I don’t think people are going to want to stay in dollar-denominated currencies.” […] дальше »
2021-5-10 02:00 | |
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Risk-on Sentiment Sending Bitcoin, Ether, & Gold Higher as President Biden Declares ‘We Can’t Let Up’
While the S&P 500 hit a new record high after the disappointing jobs report, the market is now expecting Bitcoin to make its way past $70k and Ether to get ready to hit several new levels. The post Risk-on Sentiment Sending Bitcoin, Ether, & Gold Higher as President Biden Declares ‘We Can’t Let Up’ first appeared on BitcoinExchangeGuide. дальше »
2021-5-8 16:07 | |
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Venezuelan Minimum Wage Reaches $3 as More Venezuelans Take Refuge in Cryptocurrencies
The president of Venezuela, Nicolas Maduro, approved a minimum wage raise increase last week that took it to three dollars monthly, a very low income for the citizens of the country that are facing a strong economic crisis since 2013. дальше »
2021-5-5 10:00 | |
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Uzbekistan is Legalizing Cryptocurrency Trading
Uzbekistan is reconsidering its stance on crypto trading by further license the activity. The National Agency for Project Management under the President of the Republic of Uzbekistan (NAPM) has released an order that calls for amendment and an addition to the regulation on the procedure for licensing the activities of crypto-exchanges. дальше »
2021-5-3 17:22 | |
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Bitcoin Prices Snap above $57k, Will the Fed Taper Bond Purchases?
The U. S. economy is recovering faster than expected, and Federal Reserve’s continuous support can cause a market imbalance in the medium term. It is the position of the Dallas Federal Reserve President Robert Kaplan who, on Friday, jolted the money markets saying the U. дальше »
2021-5-1 17:00 | |
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Uzbekistan presidential agency mulls lifting the ban on crypto trading
The National Agency for Project Management under the President of the Republic of Uzbekistan (NAFT) is contemplating lifting the ban on crypto trading in the country. A report unveiled this news on April 30, citing an official document that the agency issued. дальше »
2021-5-1 17:23 | |
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Why this company 'can't be a hardcore Bitcoin hodler'
News of Tesla's recent decision to sell $272 million worth of Bitcoin it bought was met with backlash from many in the crypto-sector. Dave Portnoy, Founder and President of Barstool Sports, was one ofThe post Why this company 'can't be a hardcore Bitcoin hodler' appeared first on AMBCrypto. дальше »
2021-4-30 16:00 | |
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The Global Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest Rates
The European Central Bank President Christine Lagarde is keeping the central bank’s monetary easing policies unchanged according to her statements from a press conference last Thursday. Moreover, the central bank’s Twitter account recently shared a video of Lagarde defending negative interest rates, as the bank’s President stresses that they “support companies and people in the […] дальше »
2021-4-27 07:30 | |
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Barstool Sports president Dave Portnoy buys Bitcoin…again
Dave Portnoy, president of pop-culture and sports-focused media company Barstool Sports, today revealed that he bought one Bitcoin—after swearing that he will never do it two months ago. The post Barstool Sports president Dave Portnoy buys Bitcoin…again appeared first on CryptoSlate. дальше »
2021-4-27 17:30 | |
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“We’re Past the Point of No Return,” says Former NYSE President Who is Bullish on Crypto & DeFi
Thomas Farley, the former president of the New York Stock Exchange (NYSE), is bullish on the entire growing cryptocurrency industry. “The only thing I find more exciting than debating on tax policy is talking about crypto. дальше »
2021-4-26 17:02 | |
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Peter Brandt: “Biden Presidency May Become A Big Negative Factor For Bitcoin”
After winning the November 2020 presidential election, pundits were optimistic that President Joe Biden would cause a wave of much-needed regulations and reshape the crypto industry. However, in a two-part Twitter thread on April 24, veteran trader and chart guru Peter Brandt has voiced concerns that the Biden administration may have undesirable effects on the […] дальше »
2021-4-25 14:12 | |
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Popular Trader Calls Biden Presidency ‘a Big Negative Factor for Bitcoin’
Newly elected U. S President Joe Biden has only been in office for several months. However the President is making sweeping changes across the board that could impact bitcoin and cryptocurrencies. дальше »
2021-4-25 13:09 | |
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Biden’s Tax Plan Could be Bullish for Ethereum but Bearish for Bitcoin
Joe Biden, the United States president, is reportedly in the process of proposing a tax law targeted at the wealthiest Americans. The news surfaced at a bad time for cryptocurrency investors who are not exactly in their happiest of moods, and rightfully so. дальше »
2021-4-25 23:24 | |
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Coinbase Appoints Google Pay’s Pankaj Guta as VP for India Operations
Leading US Crypto Exchange Coinbase has appointed Pankaj Gupta, Lead Google Pay Engineer for India and the Asia Pacific, as Vice President of Engineering and Site Lead for India. Pankaj who had sent a farewell note to his Google colleagues on April 15, 2021, announced his resignation on Twitter on April 21. The same day […] дальше »
2021-4-24 22:58 | |
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Tax Concerns May Have Contributed to Bitcoin Dip
U.S. President Joe Biden has proposed almost doubling the capital gains tax for the wealthy, which may have contributed to bitcoin’s already sliding price. The post Tax Concerns May Have Contributed to Bitcoin Dip appeared first on BeInCrypto. дальше »
2021-4-24 19:40 | |
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Bitcoin Sees Disastrous Dip Below $50,000 Following Biden’s Tax Scare
The price of Bitcoin (BTC) fell below the $50,000 mark on Friday – its lowest over the past six months – following tentative plans by US President, Joe Biden to target digital assets and raise ROI tax rates higher than that of labor in America. дальше »
2021-4-23 12:49 | |
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Turkish Crypto Exchange Under Investigation After Abrupt Shut Down, User Funds ‘Irretrievable’
With about 390,000 active users affected, the senior economic adviser to the President calls for the Turkish government to take action and “carry out a regulation.” The post Turkish Crypto Exchange Under Investigation After Abrupt Shut Down, User Funds ‘Irretrievable’ first appeared on BitcoinExchangeGuide. дальше »
2021-4-22 17:51 | |
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Uniswap (UNI) and Chainlink (LINK) now live on eToro
eToro has announced the launch of Uniswap (UNI) and Chainlink (LINK) for trading on its platform. Doron Rosenblum, Vice President of Business Solutions at eToro, confirmed the announcement via a LinkedIn post. дальше »
2021-4-20 16:07 | |
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