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‘Big Short’ Investor Michael Burry Warns of ‘Mother of All Crashes’ — Says Crypto’s Problem Is Leverage
21.6.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of “the mother of all crashes.” He further explained that the problem with cryptocurrency is the leverage. Michael Burry Warns of Mother of All Crashes Famous investor and founder of private...
Crypto-finance company Amber Group valued at $1B following $100M raise
21.6.2021
The Series B funding round was led by China Renaissance, with participation from several crypto venture funds, including Tiger Brokers, Tiger Global Management, Arena Holdings, DCM Ventures and Gobi Partners
Bearish or Bullish? Bitcoin Traders Argue Over Death Cross Outcome
20.6.2021
On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross pattern has been a topical conversation. A number of traders believe when bitcoin’s short-term moving average (MA) dips below the long-term MA, the crypto...
Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures
19.6.2021
Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment bank has partnered with a crypto asset service...
NASCAR Driver Landon Cassill to Be Paid in Cryptocurrency for the Remainder of the Season
18.6.2021
The American professional stock car racing driver, Landon Cassill, has announced he has partnered with the crypto-asset platform Voyager Digital Ltd. in order to get paid in cryptocurrency. Cassill’s announcement notes that the racer will be paid in crypto for the remainder of the 2021 NASCAR...
Goldman Sachs analysts divided over whether Bitcoin is an 'investable asset class'
18.6.2021
Goldman has flip-flopped again declaring crypto assets as unworthy of investment in the same week it expands its crypto trading desk
FCA’s Fourth Consumer Report Shows UK’s Crypto Asset Ownership Increased 27% Since Last Year
17.6.2021
The UK’s Financial Conduct Authority (FCA) has published a research report that reveals crypto asset ownership has increased a great deal. According to the study, crypto ownership spiked more than 27% since last year as the FCA’s estimates show 2.3 million adults hold digital...
An asset for all classes: What to expect from Bitcoin as a legal tender
17.6.2021
New tech that reduces costs of international payments would “be a boon for poor countries that rely on remittances” — but will BTC as legal tender fix that?
Bitcoin first ‘genuinely new asset class’ in 150 years, says Ric Edelman
17.6.2021
Financial adviser, Ric Edelman says his colleagues need to get rid of their bias and examine Bitcoin and crypto assets with “open eyes” and “genuine curiosity.”
SEC opens to comments on whether to approve VanEck Bitcoin ETF
17.6.2021
The filing came before the commission's June 17 deadline to approve or disapprove of the Bitcoin ETF following an extension in April
‘Bitcoin is not an asset that is designed to be leveraged’ says Caitlin Long
14.6.2021
Avanti Financial CEO says Bitcoin shouldn’t be leveraged, while regulations for stablecoins are underway
Bitcoin Fund Outflows Slow but Investors Start Exiting Ether Funds
14.6.2021
The amount of money leaving was significantly less than the previous, record week of $141 million
Johannesburg Stock Exchange Rejects Bitcoin ETF Application, Cites Lack of Regulatory Framework
14.6.2021
South Africa’s Johannesburg Stock Exchange (JSE) has rejected a request by the asset management firm, Sygnia, to list a new bitcoin exchange-traded fund (ETF). In justifying its rejection of the latest proposal by Sygnia, the JSE cites the “lack of a regulatory framework...
Silk Road Founder Ross Ulbricht Speaks Publicly for the First Time Since 2013
13.6.2021
At the Bitcoin 2021 conference in Miami, attendees listened to the first phone interview with the Silk Road’s Ross Ulbricht from the depths of the maximum-security prison in Tucson, Arizona. During the interview, Ulbricht spoke about bitcoin and how the decentralized crypto asset...
South Africa Working Group Releases New Position Paper Calling for Regulation of Crypto Asset Providers
13.6.2021
South Africa’s Intergovernmental Fintech Working Group (IFWG) has a released new position paper that calls for the regulation of the country’s cryptocurrency ecosystem. In the document, the IFWG, which is a creation of the South Africa Reserve Bank (SARB), recommends “a staged...
Indian Government May Regulate Crypto as Asset Class: Report
13.6.2021
India may be regulating crypto as an asset class under the purview of the Securities and Exchange Board of India (SEBI). In addition, a crypto bill is likely to be introduced during the Monsoon session of parliament, local media reported. Indian Government Reportedly Considers Regulating Crypto...
FBI Seizes 800 Beverly Hills Safety Deposit Boxes With $86M, Attorneys Claim Fed’s Raid ‘Unconstitutional’
12.6.2021
The Federal Bureau Investigation (FBI) is under fire for an alleged unconstitutional seizure of 800 safety deposit boxes in Beverly Hills. According to reports, the FBI confiscated $86 million in cash, jewelry, and thousands of gold and silver bars. Box holders and their lawyers are calling out...
Texas Senator Claims People Are Flocking to Bitcoin Because US Is on ‘the Verge of an Inflation Crisis’
11.6.2021
This week the United States senator from Texas, Ted Cruz, appeared on the Fox News television broadcast Hannity and discussed the leading crypto asset bitcoin. Cruz told Hannity he believes people are investing in bitcoin because they believe America is on the verge of an inflation crisis....
Multi-trillion asset manager State Street launches digital currency division
11.6.2021
The second-oldest continuously operating U.S. bank, State Street, has launched a new division dedicated to cryptocurrency and digital assets
Financial Giant State Street Launches Digital Finance Division – Unit’s Focus Aimed at Crypto and Defi
11.6.2021
On Thursday, the Boston-based financial services and bank holding company State Street Corporation announced the launch of a division dedicated to cryptocurrencies, the digital economy, and decentralized finance (defi). State Street Invokes New Division Dedicated to Crypto, Blockchain, and Defi...