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ETFs Are Having the Best Year Ever, While SEC Refuses to Give A Bitcoin ETF The Green Light
ETFs pulled in $488. 5 billion in less than 7 months of 2021 and are on track to break the $497 billion full-year record set in 2020. Meanwhile, in crypto, since 2013, not a single one has been approved by the US SEC, which says it wants to protect the investors when ETFs are what will ensure low fees, tax advantages, and relative ease of trading for them. дальше »
2021-7-20 19:20 | |
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Bitcoin’s Value Dropped 8% This Week, Analyst Says Equities Correction Could Impact Crypto
Digital currency markets have slipped in value this week as bitcoin has shed more than 8% of its value over the last seven days. The entire market capitalization of all 10,000+ crypto assets has also dropped 3. дальше »
2021-7-19 18:15 | |
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Candidate for Kenyan Elections Body Says Adopting Blockchain Will Reduce Ballot Costs by 300%
An aspirant to the post of commissioner with the Kenyan Independent Electoral and Boundaries Commission (IEBC) has urged the elections body to consider adopting blockchain technology. According to Justus Abonyo, a former official with the Social Democratic Party of Kenya, doing this will help Kenya reduce the cost of “running an election by up to […] дальше »
2021-7-19 16:30 | |
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Aave (AAVE) Founder Wants to Build ‘Twitter on Ethereum’
The remark comes as a reply to Jack Dorsey’s plans to bring DeFi on bitcoin (BTC). Twitter on Ethereum, Says Stani As a reply to Jack Dorsey’s ambition to bring decentralized finance (DeFi) on the Bitcoin network, leading DeFi lending protocol Aave’s (AAVE) founder, Stani Kulechov said the protocol should build Twitter on Ethereum. SinceRead More дальше »
2021-7-19 21:00 | |
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Youtube Superstar KSI ‘JJ’ Says He Made Then Lost Millions Investing in Bitcoin
Youtube superstar and rapper KSI, also known as JJ, has shared that he made millions of pounds investing in bitcoin and “lost it all” when the market “crashed.” Nonetheless, he still believes that bitcoin is the future and “eventually you’re going to get a $100,000 bitcoin, a $500,000 bitcoin, and a $1 million bitcoin. It’s […] дальше »
2021-7-17 16:30 | |
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At Times Bitcoin Felt Like A “Somewhat Frothy Market,” says Fed Chair Noting Stablecoins “Growing Really Fast”
While worried about that, the Fed is promising “powerful support” through monetary policy. Jerome Powell also called for “appropriate regulation” of stablecoins and getting the digital dollar right, rather than fast, because the US is “not in danger of losing” the reserve currency status. дальше »
2021-7-17 17:53 | |
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THORChain (RUNE) says it lost $4.9 million in a recent DeFi attack
Cross-chain decentralized exchange (DEX) THORChain has become the latest company to suffer an exploit, with details of a multi-million attack. The exchange was hacked for $4,000 ETH (about $5 million). дальше »
2021-7-16 16:20 | |
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CEO Of World’s Largest Money Manager Sees ‘Very Little’ Demand For Bitcoin From Long-Term Investors
BlackRock CEO Larry Fink said on Wednesday that long-term institutional investors are demonstrating a weak appetite for cryptocurrencies. Institutional Demand For Crypto Is Lackluster: Larry Fink Fink, the billionaire boss of the world’s largest asset manager holding close to $10 trillion in assets under management, says he is not witnessing much demand for crypto. Speaking […] дальше »
2021-7-16 15:33 | |
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Stock-To-Flow Market Signals A Great Time To Buy Bitcoin, Says Lex Moskovski
Bitcoin “A great buying opportunity,” says Lex Moskovski, investment director of Moskovski Capital. His tweet indicates the stock-to-flow model marking a historic moment in the twelve years of the digital coin’s life. дальше »
2021-7-17 13:44 | |
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China’s central bank says crypto gave impetus to the creation of its CBDC
A working paper released in English by the People’s Bank of China cites cryptocurrencies as an important context for the digital yuan’s development and reveals that the digital currency will use smart contracts to allow for programmability. дальше »
2021-7-17 12:44 | |
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Former US Treasury Secretary Mnuchin Says His View on Bitcoin ‘Has Evolved’
Former U. S. Treasury Secretary Steven Mnuchin says his viewpoint on bitcoin “has evolved a little bit. ” While he personally does not want to have bitcoin in his portfolio, he says if people want to buy the cryptocurrency, “that’s perfectly fine. дальше »
2021-7-16 05:00 | |
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Fed Chair Jerome Powell Says ‘You Wouldn’t Need Cryptocurrencies if You Had a Digital US Currency’
Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,” he said. дальше »
2021-7-15 18:30 | |
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Change Of Heart? Ex-Trump Treasury Secretary Mnuchin Now Says Investing In Bitcoin Is “Perfectly Fine”
Although bitcoin will never become a part of former Treasury Secretary Steven Mnuchin’s portfolio, he is not against other people loading up on the cryptocurrency. The comments fly in the face of Mnuchin’s years-long hostility towards the world’s most valuable cryptocurrency. дальше »
2021-7-15 18:29 | |
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Bitcoin Energy Concerns Unlikely to Crash Its Long-Term Path, Cathie Wood Says
Cathie Wood, the founder, and CEO of Ark Invest has tossed her viewpoint over Bitcoin’s mining energy consumption, citing it as a minor setback to the asset’s path in the future. She further stated that although the energy problem is a major concern, it is temporary. дальше »
2021-7-15 15:32 | |
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Dogecoin co-creator says a cartel of wealthy people controls crypto
Dogecoin’s (DOGE/USD) co-creator, Jackson Palmer, has come out to declare that he does not intend to return to the crypto space ever again. The software engineer shared this news through a tweetstorm on July 14, surprising many people, seeing as he seldom talked or tweeted about crypto after distancing himself from Dogecoin. дальше »
2021-7-16 14:46 | |
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Dogecoin co-creator says crypto is a shady and exploitative industry
Jackson Palmer, who co-created Dogecoin with Billy Markus in 2013, dropped what many would consider a truth bomb about the cryptocurrency space. The post Dogecoin co-creator says crypto is a shady and exploitative industry appeared first on CryptoSlate. дальше »
2021-7-15 13:28 | |
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Mark Cuban says investing in altcoins is similar to buying into other assets
Mark Cuban, the owner of the Dallas Mavericks and a renowned crypto enthusiast, believes investing in alternative cryptocurrencies is the same as injecting money into stocks, bonds, and private companies. дальше »
2021-7-16 03:23 | |
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Mixed Messages As Bank of England Deputy Governor Says Crypto Not A Threat
The Bank of England (BoE) Deputy Governor Jon Cunliffe dismissed the notion that crypto poses a threat to macro-financial stability. Meanwhile, recent weeks have seen global regulators come down hard on the crypto sector, with Binance feeling the brunt of the force. дальше »
2021-7-15 03:00 | |
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Fed Chair says stablecoins need stricter regulation, speaks on CBDC
Powell stated that stablecoins need stricter regulations if they are to be part of the payment universe.
дальше »2021-7-15 00:54 | |
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BOE’s Jon Cunliffe says cryptos are not yet a threat to financial stability
Jon Cunliffe, the Deputy Governor of the Bank of England (BoE), has come out to disclose that cryptocurrencies do not pose an immediate threat to financial stability. Cunliffe unveiled this news during an interview on July 14, saying the crypto sector is not big enough to pose a systemic risk to the global financial system. дальше »
2021-7-16 21:32 | |
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FTX CEO says, Buying Financial Giants like Goldman Sachs or CME is “Not Out of the Question”
As for going public, FTX doesn’t need capital, but founder Sam Bankman-Fried acknowledges that it has its benefits in terms of brand awareness, towards which the exchange has amplified its efforts through several big partnerships. дальше »
2021-7-15 18:49 | |
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$9.5T BlackRock CEO says, Investors May Not Come to Them for Crypto, Not That “Type of Demand”
This could be why Larry Fink didn’t take a single question about crypto in the past two weeks while on his business travels but for the US stock market, he believes “the trend line is still going to be upward,” due to “the amount of cash that is looking to be put to work. дальше »
2021-7-15 18:10 | |
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Uniswap Launches on Optimism Mainnet Amidst Governance Drama
Popular decentralized exchange (DEX) Uniswap has taken a massive step as it launches on Ethereum scaling solution Optimism mainnet to make the second-largest network faster and cheaper to use. This “marks the first step in the journey for DeFi applications to rival and surpass traditional web user experiences,” says the team. дальше »
2021-7-15 17:29 | |
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Bitcoin’s the Way to Go As Inflation Records Its Highest Jump in 13 Years
The USD is getting a boost from high inflation concerns, with traders now looking forward to the Fed Chair’s testimony this week. Blackrock CEO is also concerned about inflation which he says “is going to be more systematically,” noting asset owners are the biggest beneficiaries of monetary policy. дальше »
2021-7-15 17:05 | |
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BoE says Institutions Are Not A ‘Large Part’ of the Crypto Space to Warrant Action
But the central bank is keeping a careful watch because crypto is a “fast changing landscape.” The post BoE says Institutions Are Not A ‘Large Part’ of the Crypto Space to Warrant Action first appeared on BitcoinExchangeGuide. дальше »
2021-7-15 16:44 | |
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Nassim Taleb changes his stance on Bitcoin; Says it is worthless
The author of The Black Swan, Nassim Nicholas Taleb, has revised his outlook on the leading cryptocurrency by capitalization. Taleb unveiled that he had had a change of heart, regarding Bitcoin’s potential, in his latest publication dubbed Bitcoin, Currencies, and Fragility. дальше »
2021-7-16 16:11 | |
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There’s “More Interest in Ether,” says Fidelity Digital Assets President
And they “want to be ahead of that demand,” something also recognized by SkyBridge Capital which has rotated its Bitcoin profits into Ether. Client type is also expanding from hedge funds and family offices previously to now cover retirement advisers and corporations. дальше »
2021-7-14 20:44 | |
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Fidelity Digital Seeks Workforce Expansion By 70%, Says Demand For Crypto Services Has Grown Exponentially
Fidelity Digital Assets has announced plans to hire close to 100 employees in efforts to support its expanding business in some of its locations including New York Boston, Durham, and Salt Lake. In a tweet posted on its official page on Monday, the institution that offers solutions for asset classes further called on interested candidates […] дальше »
2021-7-13 19:03 | |
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Grayscale Takes Another Step Towards GBTC’s Conversion into a Bitcoin ETF, Partners with the World’s Largest Custodian
Grayscale says engaging BNY Mellon is an “important milestone" as part of our commitment to converting GBTC into an ETF; however, many feel a Bitcoin ETF might not be coming soon. The post Grayscale Takes Another Step Towards GBTC’s Conversion into a Bitcoin ETF, Partners with the World’s Largest Custodian first appeared on BitcoinExchangeGuide. дальше »
2021-7-13 18:23 | |
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The “Promise” of Bitcoin, Crypto, and DeFi is “Real,” says Ruffer Investment Director as He Explains Why They Sold All Their BTC
“It all has a flavour of the late 1990s,” said Duncan MacInnes in explanation, noting that while “Bitcoin may yet fulfil its potential,” peak liquidity coincided with many signs of froth in the short term. дальше »
2021-7-13 17:47 | |
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Bitcoin Preparing for a “Very Similar” Supply Shock as in October-November, says SkyBridge Capital CIO
As such, risk-reward for the “very non-correlated” asset Bitcoin is now “skewed again to the upside” as strong holders accumulate from those that got into the market late last year. The post Bitcoin Preparing for a “Very Similar” Supply Shock as in October-November, says SkyBridge Capital CIO first appeared on BitcoinExchangeGuide. дальше »
2021-7-13 15:27 | |
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IOTA (MIOTA) Launches Feeless NFT Marketplace
The IOTA (MIOTA) development team has announced the launch of a feeless non-fungible token (NFT) marketplace on the IOTA 2.0 DevNet. The team says the IOTA NFT marketplace aims to lower the barrier to entry for small artists looking to join the NFT movement, according to a blog post on July 12, 2021. IOTA (MIOTA)Read More дальше »
2021-7-13 15:00 | |
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Africa Will ‘One Day Have a Common Currency’ Says Secretary General of African Continental Free Trade Area
The secretary-general of the African Continental Free Trade Area (AFCFTA) secretariat, Wamkele Mene, says Africa will “one day have a common currency” via a proposed “Pan-African Payment and Settlement System (PAPSS). дальше »
2021-7-13 12:30 | |
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Oscar Winner Spike Lee Directed Commercial About Bitcoin Says: “Digital Rebellion Is Here”
Acclaimed director Spike Lee has filmed and star in a commercial on Bitcoin for Coin Cloud, a company that manufactures kiosks to buy BTC and other cryptocurrencies, the New York Times reported. The commercial was shot in June 2021, and it’s part of the company’s marketing efforts to boost crypto adoption. With several locations, which […] дальше »
2021-7-13 01:00 | |
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