Prominent economist and crypto critic Nouriel Roubini reiterated his anti-crypto stance, arguing that the tech has “no basis for success.” Economist and notorious cryptocurrency critic Nouriel Roubini has claimed that crypto “as a technology has absolutely no basis for success.” Roubini delivered his new anti-crypto arguments in an interview with the CFA Institute on March […]
Continue Reading
The Secretary of the Commonwealth of Massachusetts is reportedly creating a fintech advisory group. The office of the Secretary of the Commonwealth of Massachusetts, which oversees the state’s securities regulator, has reportedly formed a fintech advisory group, banking trade publication American Banker reports on March 7. The office of Secretary William Gavin has reportedly formed […]
Continue Reading
The Financial Action Task Force has updates its guidelines on digital assets to combat money laundering and terrorism financing. The Financial Action Task Force (FATF), an intergovernmental organization that develops policies against money laundering, has published preliminary guidelines for cryptocurrencies on its website on Thursday, Feb. 28. The FATF held a meeting on preliminary crypto […]
Continue Reading
A recent study conducted by the CAIS has revealed that almost half of investors believe that crypto as an asset class is a bubble. According to the 2019 Cayman Alternative Investment Summit (CAIS) survey, investors think that, as an asset class, cryptocurrency represents a bubble. The results of the survey were provided in a press […]
Continue Reading
U.S. hardware manufacturer Nvidia reported full-year revenue gains in 2018. On Feb. 14, California-headquartered gaming and computer hardware manufacturer Nvidia reported full-year revenue gains in 2018, despite being one of the companies worst hit by the cryptocurrency market dip and subsequent lack of demand for mining components. The firm’s main products include graphics processing units […]
Continue Reading
CNBC’s Brian Kelly outlook on crypto in 2019, Bitcoin ETF in 2020, and inevitable recession. This interview has been edited and condensed. The author of the “The Bitcoin Big Bang — How Alternative Currencies Are About to Change the World,” Brian Kelly calls himself an optimist when it comes to the future of the cryptocurrencies. […]
Continue Reading
With a few notable exceptions, most of the top 20 cryptocurrencies by market cap are fluctuating 2 percent in either direction on the day. Wednesday, Feb. 13: Cryptocurrencies are seeing tempered price action overall. With a few notable exceptions, most of the top 20 coins by market cap are fluctuating 2 percent in either direction […]
Continue Reading
Mike Novogratz has argued that Bitcoin (BTC) occupies a unique place in the cryptocurrency landscape. Mike Novogratz, a former Goldman Sachs partner and founder of crypto merchant bank Galaxy Digital, has argued that Bitcoin (BTC) occupies a unique place in the cryptocurrency landscape. Novogratz made his remarks during an interview with Bloomberg TV on Feb. […]
Continue Reading
Mt. Gox may have crashed the Bitcoin price in 2018 by dumping $321 million on an exchange. The now-defunct cryptocurrency exchange Mt. Gox reportedly liquidated around $312 million worth of Bitcoin (BTC) throughout February and June of 2018 through a Japanese exchange called BitPoint. GoxDox, an organization that was established to assist Mt. Gox creditors, […]
Continue Reading
JPMorgan strategist Nikolaos Panigirtzoglou said that Wall Street institutions could become more interested in Bitcoin soon. JPMorgan’s Global Market Strategist Nikolaos Panigirtzoglou says that Bitcoin (BTC) could make a resurgence on Wall Street, according to an article published by CNBC on Feb 6. “The stability that we are seeing right now in the cryptocurrency market […]
Continue Reading