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US Regulators Urgently Working on Joint Cryptocurrency Regulation: Fed’s Quarles Says It’s ‘High Priority’
U.S. government agencies are urgently working together on a joint regulatory framework for cryptocurrencies, Federal Reserve Vice Chair of Supervision Randal Quarles has confirmed. “We along with the OCC and the FDIC are engaged right now in what we are calling a sprint in seeking to pull together views on” crypto regulation. US Agencies Collaborating […] дальше »
2021-5-26 17:00 | |
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Central Bank of Nigeria Governor Says “Digital Currency Will Come to Life” but Attacks Volatile Cryptocurrencies
Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few months after the central bank ordered banks to stop serving the crypto industry. дальше »
2021-5-26 12:00 | |
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Zimbabwe’s Biggest Bank Looks at Methods to ‘Leverage Cryptocurrencies’
One of Zimbabwe’s biggest financial institutions, CBZ Holdings says it is looking at ways it could “leverage cryptocurrencies and other emerging digital innovations. ” According to the financial institution’s chairperson, Marc Holtzman, CBZ “is open-minded about new innovations, as these could open up new opportunities going forward. дальше »
2021-5-26 08:00 | |
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Bank of England Governor Bailey Says Cryptocurrencies Are ‘Dangerous’
Known for his reluctant stance on decentralized money, the Governor of Bank of England (BOA), Andrew Bailey, has recently taken his anti-crypto rhetoric up a notch. Speaking at a meeting with lawmakers in London, Bailey stated that cryptocurrencies are “dangerous. дальше »
2021-5-26 06:30 | |
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Goldman Sachs Says FOMO Is Driving Institutional Investors to Bitcoin
Investment bank Goldman Sachs says institutional investors and asset managers are driven to bitcoin by “fear of missing out” (FOMO). Goldman now considers bitcoin a new asset class. Nonetheless, institutional investors are facing several strong barriers to entry into the crypto market. дальше »
2021-5-26 02:00 | |
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Goldman Sachs says Bitcoin is officially a new asset class
Goldman Sachs, an American multinational investment bank, recently conducted research and found that the crypto space is now a new asset class. The financial institution shared the findings of the research through a report on May 21, noting that crypto is undoubtedly Top of Mind. дальше »
2021-5-26 22:54 | |
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BoE Governor says ‘Huge Enthusiasm’ Around Crypto Assets Has Him Feeling ‘Skeptical’
Bank of England Governor Andrew Bailey continues to share his concerns about digital currencies. This time, he is warning about the danger of “getting carried away” with financial innovation. “I don’t want to be seen as a Luddite,” Bailey said on Monday in response to questions in the Treasury Committee in Parliament. дальше »
2021-5-26 18:10 | |
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Bitcoin’s Latest Pullback is a ‘Wake-Up Call’ for the Latecomers, says Fundstrat’s Tom Lee
Tom Lee, co-founder and managing partner of Fundstrat Global Advisors is as bullish on Bitcoin as ever and unperturbed by the latest sell-off. His year-end price target for Bitcoin price is also intact at $125,000. дальше »
2021-5-26 17:50 | |
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Elon Musk Says His Recent Meeting With North American Bitcoin Miners Was ‘Potentially Promising’
Elon Musk, CEO of Tesla and SpaceX, has announced that he had a meeting with leading bitcoin miners from North America. Musk indicated that they are dedicated to renewable energy usage and encouraging other miners across the globe to follow in their footsteps. дальше »
2021-5-25 01:01 | |
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Every fifth hedge fund already invests in cryptocurrencies, reports PwC
Around 21% of traditional hedge funds in the world have already invested in cryptocurrencies—while crypto-focused ones doubled their assets under management (AUM) over the course of 2020, says a new report by professional services network PricewaterhouseCoopers (PwC). дальше »
2021-5-25 22:00 | |
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US Congressman Says That Congress Isn’t Prepared To Pass Crypto Legislation
U. S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. Congress Won’t Pass Crypto Legislation Anytime Soon In an interview with Yahoo Finance on Friday, U. дальше »
2021-5-25 20:55 | |
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Former US Treasury Secretary says Crypto is “Here to Stay” as a “Kind of Digital Gold”
According to Lawrence Summers, “Crypto has a chance of becoming an agreed form that people who are looking for safety hold wealth in.” The post Former US Treasury Secretary says Crypto is “Here to Stay” as a “Kind of Digital Gold” first appeared on BitcoinExchangeGuide. дальше »
2021-5-24 20:02 | |
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US Congress Will Not Pass Cryptocurrency Legislation Anytime Soon, Says Lawmaker
U. S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. “There’s going to be a lot of discussion in the coming years about ways to regulate” cryptocurrencies, said the congressman. дальше »
2021-5-25 19:00 | |
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German bank that went nearly bankrupt in 2019 says Bitcoin is ‘wishful thinking’
Last week’s crypto market meltdown has proved yet again that “the value of Bitcoin is entirely based on wishful thinking,” according to a research note recently published by Deutsche Bank analysts. дальше »
2021-5-24 19:00 | |
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Your plan for scaling Dogecoin (DOGE) is infeasible – Buterin tells Elon Musk
Tesla founder Elon Musk says if Dogecoin’s block size is increased by 1000%, it could give the meme-based token an edge over others in the crypto industry. However, Ethereum’s creator Vitalic Buterin doesn’t feel the same. дальше »
2021-5-25 17:27 | |
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“Ether Beats Bitcoin As A Store Of Value,” Says Goldman Sachs Report
The banking giant actually likes Ethereum’s uncapped supply more than Bitcoin’s limited supply, which it says incentivizes hoarding and creates financial bubbles. The post “Ether Beats Bitcoin As A Store Of Value,” Says Goldman Sachs Report first appeared on BitcoinExchangeGuide. дальше »
2021-5-24 15:25 | |
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HSBC Won’t Launch Bitcoin Trading Desk, CEO Says Bank Has No Plans to Offer Cryptocurrency Investments
HSBC has confirmed its bitcoin and cryptocurrency stance as a growing number of major banks are beginning to offer crypto services. CEO Noel Quinn says that HSBC views bitcoin as an asset class rather than a payments vehicle but the bank is not rushing into providing cryptocurrency investments for clients. HSBC Confirms Crypto Stance HSBC […] дальше »
2021-5-24 14:34 | |
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Nobel Laureate Paul Krugman Quits Predicting Bitcoin’s Demise, Now Says BTC ‘Can Survive Indefinitely’
Nobel Prize-winning economist Paul Krugman says he has given up predicting the imminent demise of bitcoin. The economist now suggests thinking of the cryptocurrency “as a cult that can survive indefinitely. дальше »
2021-5-24 03:00 | |
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Billionaire David Rubenstein Says ‘Unrealistic’ to Think Government Will Stop Cryptocurrency From Being What Investors Want
The Carlyle Group’s co-founder, David Rubenstein, says that the idea of the government stopping cryptocurrency from being something that investors want is unrealistic. He believes that cryptocurrency is here to stay. дальше »
2021-5-24 21:00 | |
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Bitcoin Cash, Litecoin, Cardano: Analyst says 'bottom is in for' one of these alts
The cryptocurrency market has seen a lot of bear and bull actions in the past couple of months. While the overall cap had surged above $2T mark, now it’s going through a setback. Bitcoin (and its foThe post Bitcoin Cash, Litecoin, Cardano: Analyst says 'bottom is in for' one of these alts appeared first on AMBCrypto. дальше »
2021-5-24 21:00 | |
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Former US Treasury Secretary Larry Summers Says Cryptocurrency Is Here to Stay as Digital Gold
Former U. S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency is here to stay as a kind of digital gold. He believes that people want an alternative to gold that is “separate and apart from the day-to-day workings of governments. дальше »
2021-5-24 19:00 | |
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Rich Dad Poor Dad’s Robert Kiyosaki Urges Crypto Investors to Buy the Dip, Says ‘Stop Whining and Take Action’
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” says now that bitcoin is “crashing,” it is a buying opportunity, especially for those who said that they could not afford it before. дальше »
2021-5-23 17:30 | |
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This industry expert says 'Bitcoin is coming to life'... at this cost!
The global crypto market has been quite wobbly over the past week. Most of the coins have been in the red zone, including the king coin, Bitcoin. Even though the largest crypto showed signs of recoverThe post This industry expert says 'Bitcoin is coming to life'... at this cost! appeared first on AMBCrypto. дальше »
2021-5-23 11:00 | |
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‘Wolf of All Streets’ Trader Says Dogecoin Is a Good Entry Point to Cryptocurrency, Has Advice for DOGE Investors
Crypto trader Scott Melker, also known as the “Wolf of All Streets,” says dogecoin is a good way for new investors to get into cryptocurrency. Sharing his own experience in investing in the meme cryptocurrency, he now has some advice for new dogecoin investors. дальше »
2021-5-23 05:00 | |
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NYU Professor Says Elon Musk Is Attracting Regulators to Crypto — Regulatory Action Expected in 30 Days
NYU Professor Scott Galloway says that Tesla CEO Elon Musk is drawing additional scrutiny and regulators to the crypto space. He expects the U. S. Securities and Exchange Commission (SEC) to respond to Musk’s action in the next 30 days. дальше »
2021-5-23 03:00 | |
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JPMorgan says Bitcoin’s true value is $35,000 amid price crash
JPMorgan research analysts have said that institutional investors are swapping Bitcoin for gold for the first time in six months. The post JPMorgan says Bitcoin’s true value is $35,000 amid price crash appeared first on CryptoSlate. дальше »
2021-5-23 23:43 | |
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Europe and U.S. may soon take the lead in Bitcoin mining, says major Chinese pool
Jiang Zhuoer, the operator of major Chinese mining pool Lebit Mining, argued that the latest crackdown on crypto in the country would likely lead to miners relocating their activity to Europe and the United States, as pointed out by journalist Colin Wu. дальше »
2021-5-23 22:00 | |
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Why Vitalik Buterin Says Crypto Will Eventually Be Immune To Elon Musk’s Market-Moving Tweets
One of the primary Achilles heels of crypto is its notorious volatility. This has discouraged many institutional and retail investors who are used to calmer moves in the traditional markets. Unfortunately, some renowned billionaires like Tesla and SpaceX CEO Elon Musk still don’t take crypto seriously. дальше »
2021-5-23 20:43 | |
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China’s Absolute Control Over Digital Yuan Will Boost Demand for Cryptocurrencies, Says Analyst
China’s push for the digital yuan will boost demand for cryptocurrencies, according to an analyst at BK Asset Management, citing that the Chinese government wants “absolute power” over the wealth and income of its citizens. дальше »
2021-5-23 19:00 | |
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Elon Musk Says He Won’t Sell Any Dogecoin — Admits He’s the ‘Ultimate Hodler’
Tesla CEO Elon Musk has confirmed that he has not sold any dogecoin and will not sell any as the price of the cryptocurrency continues to slide over the recent weeks. The “Dogefather” has been working with dogecoin devs “to improve system transaction efficiency” after Tesla suspended accepting bitcoin for payments, citing environmental concerns. Elon […] дальше »
2021-5-22 17:00 | |
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UBS Advisor Van Steenis says Central Banks Are Not Threatened by Crypto
Former Bank of England advisor Huw van Steenis has stated that central banks are not running scared of cryptocurrencies. He believes retaining control of money forms the crux of their move towards central bank digital currencies (CBDCs). дальше »
2021-5-22 15:10 | |
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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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Bitcoin could hit $100,000 despite recent bear run – Willy Woo says
The price of Bitcoin dropped heavily this week by nearly 40%, which has generated concerns that the unprecedented bull-run of the cryptocurrency has ended. However, popular Bitcoin analyst Willy Woo believes it’s not yet over for Bitcoin (BTC/USD), adding that the most valuable cryptocurrency has still some juice left in its Bull-Run. дальше »
2021-5-22 14:29 | |
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Depends on Who You Ask: Report Shows NFT Sales ‘Cool Off,’ Another Study Says ‘Market Set to Double by October’
In 2021, the non-fungible token (NFT) ecosystem has grown massively and data shows during the last month, there have been 98,832 NFT sales across over 32,000 active wallets. Monthly statistics show $272 million in recorded NFT sales have taken place but a recent report shows the NFT market is starting to “cool off” as NFT […] дальше »
2021-5-22 05:00 | |
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Australian Senator Says Crypto Regulatory Policy Necessary to Foster Investment
Andrew Bragg, an Australian Senator and member of the Liberal Party, believes that it is imperative to put robust cryptocurrency regulations in place in order to ensure that Australia stays ahead of the curve. дальше »
2021-5-22 04:00 | |
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Bitcoin Bull Mike Novogratz Insists ‘Crypto Revolution Has Happened’ Despite Falling Prices, liquidation
Galaxy Digital CEO Mike Novogratz says that despite massive sell-offs across a broad range of cryptocurrencies, the story of crypto has not changed and “the crypto revolution has happened. ” While viewing the current market as a “liquidation event” and a setback, Novogratz still believes in the long-term adoption of bitcoin. дальше »
2021-5-22 03:00 | |
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