An investment banking strategist for BMO says Bitcoin has shown a lot of volatility, and it is too soon to call it a safe haven. Brian Belski, chief investment strategist at the investment banking company BMO Capital Markets, said that he thinks it is premature to call Bitcoin (BTC) a safe haven from economic turmoil. […]
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Outflows on BitMEX, the second top crypto exchange by reported trading volume to date, exceed $500 million in July. BitMEX, the second top crypto exchange by reported trading volume to date, experienced record outflows during the month of July. According to the blockchain data provider TokenAnalyst, the total outflow on the exchange amounted to around […]
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The gold bug remains critical of crypto markets while also claiming CNBC is deliberately promoting Bitcoin. Bitcoin’s (BTC) fresh bull run this week is down to speculators betting on Chinese economic upheaval, not Chinese upheaval itself, Peter Schiff claims. Schiff: speculators buying Bitcoin to speculate In a tweet Aug. 5, the veteran gold bug and […]
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Facebook admits Libra may never launch at all, as some senators call on the U.S. to be a world leader in blockchain and crypto. Top Stories This Week Facebook warns investors that the Libra stablecoin may never launch The Libra storyline is fast becoming a never-ending soap opera — and we might be reaching the […]
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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 […]
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Crypto bull Anthony Pompliano predicted that every central bank will be buying Bitcoin to hedge risks to the United States dollar. Every central bank will be buying Bitcoin (BTC) to hedge risks to the United States dollar, according to a forecast by major crypto bull Anthony Pompliano. In a tweet on Aug. 1, Pompliano, co-founder […]
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Cryptocurrency traders showed their excitement as the U.S. enacted its first interest rate cut since Bitcoin’s creation. Bitcoin (BTC) price fell back below $10,000 on August 1 as markets broadly shook off the first Federal Reserve interest rate cut since 2008. Market visualization. Source: Coin360 Bitcoin doesn’t care about the Fed Data from Coin360 showed […]
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The latest mainstream media debate involving cryptocurrency delivered a bold prediction for the future of finance. Bitcoin (BTC) will make Peter Schiff’s gold arguments redundant if there is just a 1% chance it will succeed, Anthony Pompliano has told mainstream media. ‘You will be kicking yourself forever’ In a hotly-awaited debate with gold bug Schiff […]
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U.S. senators gave statements in a hearing today, with some advocating for a more focused approach to blockchain, while others scrutinized cryptocurrencies. The United States Committee on Banking, Housing and Urban Affairs has ended the hearing on “Examining Regulatory Frameworks for Digital Currencies and Blockchain” today, July 30. Circle CEO Jeremy Allaire, Rebecca M. Nelson, […]
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Who represents crypto in a U.S. Congressional hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain”, weeks after Facebook’s Libra is discussed… Today, on July 30, United States lawmakers will once again gather to debate cryptocurrency and blockchain policy in a hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain.” The hearing is […]
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