The correlation between digital and physical gold has almost doubled in the past three months, fresh data from Bloomberg reveals. The correlation between digital and physical gold has almost doubled in the past three months, fresh data from Bloomberg revealed on August 7. The statistics reveal that while the correlation between Bitcoin (BTC) and gold […]
Continue Reading
A senior policy analyst has predicted that Walmart will have an easier time getting regulatory approval for its proposed cryptocurrency than Facebook. A senior policy analyst at investment banking corporation Cowen, Jaret Seiberg, said that Walmart’s proposed digital coin should not face as much regulatory pushback as Libra, Facebook’s proposed virtual currency. As Bloomberg reports […]
Continue Reading
Galaxy Digital CEO Mike Novogratz says that Bitcoin’s 2019 rally could have “real legs” given today’s turbulent macroeconomic and geopolitical landscape. Galaxy Digital CEO Mike Novogratz says that Bitcoin’s 2019 rally could have “real legs” given today’s turbulent macroeconomic and geopolitical landscape. In a tweet posted on August 5, Novgoratz remarked that: “With the yuan […]
Continue Reading
Ripple has a long history of pro-regulation declarations and actions, but this time, its fervor appears to be profoundly reactive… Ripple, whose business is built on providing financial institutions with an infrastructure to facilitate international payments and currency trades, has always been a more likely ally to governments and regulators than most other major blockchain […]
Continue Reading
A recap of U.S. Senate’s crypto hearing: discussions about financial inclusivity, potential benefits of crypto and more criticism of Facebook’s Libra… On July 30, the United States Committee on Banking, Housing and Urban Affairs hosted a hearing on cryptocurrencies in a regulatory context. Lawmakers are showing renewed interest in digital currencies against the backdrop of […]
Continue Reading
Crypto and blockchain companies need incentives to stick around, says Circle CEO Jeremy Allaire in aftermath of Senate hearings. The CEO of cryptocurrency trading and investment firm Circle thinks the United States will create appropriate regulation as more companies move overseas. Speaking to Bloomberg in an interview on July 31, Jeremy Allaire highlighted ongoing tendencies […]
Continue Reading
Incoming payout could induce change in stagnant markets, three days after Bitcoin shed almost $1,000 in minutes. Bitcoin (BTC) price continued trading around $9,500 July 30 as analysts suggested the end of the month could still provide a fresh move upwards. Market visualization. Source: Coin360 All eyes on futures and 50-day moving average Data from […]
Continue Reading
Green policy and crypto energy consumption in the US. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies, necessitate very high consumption of electric energy, currently produced with coal and fossil fuels with adverse environmental effects. A global shift towards green energy will require the removal […]
Continue Reading
The hedge fund of legendary investor Bill Miller reportedly saw 46% growth in the first half of 2019, partly from Bitcoin investment. The hedge fund of famous investor Bill Miller saw 46% growth in the first half of 2019, reportedly in some part from investing in Bitcoin (BTC). Citing an investor document, Bloomberg reports on […]
Continue Reading
Galaxy Digital CEO Mike Novogratz argued that institutional interest would push Bitcoin price back to its all-time highs of $20,000 before the end of 2019. Galaxy Digital CEO Mike Novogratz argued that institutional interest would push Bitcoin (BTC) price back to its all-time highs of $20,000 before the end of 2019. Novogratz delivered his comments […]
Continue Reading