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Former Bitmex CEO Arthur Hayes: ETF Success’ Might ‘Destroy Bitcoin’
25.12.2023
Arthur Hayes, former CEO of Bitmex and cryptocurrency market analyst, pondered about the success of an upcoming spot bitcoin ETF and its effect on the future of bitcoin. Hayes states that the popularity of these ETF derivatives might concentrate the custody of all the bitcoin in a few hands that...
Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power
9.2.2023
According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang discussed how the purchasing power of the U.S. dollar has dwindled to “roughly three...
Central Bank of Honduras Warns About the Dangers of Using Cryptocurrency
1.8.2022
The Central Bank of Honduras has published a release that seeks to clarify the stance the institution takes about the use of cryptocurrencies in the country. The organization states that even with the popularity such instruments have attained in other countries, cryptocurrencies have no backing...