According to Bloomberg, financial giant Western Union has made an offer to purchase cross-border payments company MoneyGram. Western Union might be purchasing cross-border payments company MoneyGram. According to a June 1 article on Bloomberg, the payments giant recently made a takeover offer for MoneyGram. If successful, this would combine the two of the biggest money-transfer […]
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Goldman Sachs attacks crypto, why Bitcoin may be wandering into a bull trap, and how Libra is going to make money. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — […]
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Voted as the best hypothetical CEO for crypto asset Dogecoin, Elon Musk sent two fresh humans up through the stratosphere today. Elon Musk, a tech mogul with indirect ties to the crypto industry, sent two humans into orbit on May 30 in the first private, manned space craft launch in history. “The launch will be […]
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Twitter’s recent fact-checking efforts have caused a stir in the crypto space. Ethereum creator, Vitalik Buterin, and Gemini exchange founders, Cameron and Tyler Winklevoss, expressed their opinions on recent efforts at social media censorship. “I’ve talked before about the rise of corporations regulating governments but here we have Twitter soft-censoring the U.S. president on the […]
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Here’s why Goldman’s approach to Bitcoin is ‘stale’ and ‘hasn’t evolved much.’ A leaked slide from a client meeting shows Goldman Sachs does not believe Bitcoin is an asset class. Coinbase angel investor Seth Ginns and Fundstrat analyst David Grider explain why Goldman continues to hold this antiquated position. Ginns and Grider joined Cointelegraph’s weekly […]
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The SEC commissioner Hester Peirce believes that a Bitcoin ETF could help price more fairly Grayscale’s Bitcoin Trust (GBTC). In a Bloomberg interview, the SEC commissioner, Hester Peirce, said the approval of a Bitcoin (BTC) ETF by the regulator could help price Graysclale’s GBTC more fairly. The commissioner has again reiterated that in her opinion, […]
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Goldman Sachs starkly disagrees with Mike Bloomberg on cryptocurrency as an asset class worthy of investment interest. According to a leaked PowerPoint slide, Goldman Sachs, in a May 27 call discussing the U.S. economic outlook, stated that cryptocurrencies are not an asset class. The wording of the slide appears to discourage its clients from investing […]
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While Ethereum 2.0 is still not set in stone, three key metrics show us that users and investors are optimistic about the price of ETH. The Ethereum developer community is nearing the launch of Ethereum 2.0, a major multiyear milestone for the blockchain network. Ethereum 2.0 will mark the start of a shift from the […]
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A basket of bearish signals suggests further problems for BTC/USD, but a higher CME futures gap is among the causes for hope this week. Bitcoin (BTC) faces a challenging week as $9,000 support fades and uncertainty increases after the halving — what should you look out for in the coming days? Cointelegraph’s weekly summary takes […]
Continue ReadingInstitutional interest in Bitcoin is experiencing an unprecedented surge, with GBTC alone swallowing up 17% of newly mined Bitcoins. Both data and first-hand accounts from industry insiders indicates that an interest in Bitcoin (BTC) from institutional investors is accelerating at a rapid pace. This has led some to conclude that the “perfect storm” is about […]
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