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Bitcoin Slides Under $30K, Stablecoins Eclipse Trade Volumes, Crypto Interest Depletes
20.7.2021
The price of bitcoin has slid under the $30K zone on Tuesday, dipping to $29,300 per unit during the early morning trading sessions (EDT). The global cryptocurrency market capitalization of all the crypto coins in existence is $1.19 trillion as it decreased by more than 6% in the last day....
Michael Saylor doesn't think Bitcoin is ‘going to be currency in the US ever’
16.7.2021
The MicroStrategy boss thinks Bitcoin is a form of property and points out that the U.S. Government is not threatened by other forms of property
Market Wrap: Bitcoin Sells Off as Regulatory Concerns Resurface
8.7.2021
“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm
US Senator Warren Presses SEC to Use ‘Full Authority’ to Regulate Cryptocurrency Trading
8.7.2021
U.S. Senator Elizabeth Warren has warned of the growing risks of cryptocurrency trading. She recently called on the U.S. Securities and Exchange Commission (SEC) to “use its full authority to address these risks,” adding that “Congress must also step up to close these regulatory...
Sen. Warren queries SEC chair on lack of crypto investor protection
8.7.2021
The former presidential candidate has written to the SEC chairman for answers about plans for crypto consumer protection protocols in the United States
Musk Trolls Buffett With Fake Quote on Twitter, Then Deletes It
6.7.2021
Elon Musk went after Bitcoin hater Warren Buffett recently, sharing what looked like a bullish crypto quote attributed to the billionaire investor. The tech entrepreneur, whose comments on social media have been moving crypto markets this year, later removed the post with the obviously fake Buffett...
SEC Delays Robinhood IPO Over Questions Concerning the Company’s Crypto Business: Report
26.6.2021
Robinhood Markets Inc., the American financial services company headquartered in Menlo Park, California, has seen its initial public offering (IPO) delayed by the U.S. Securities and Exchange Commission (SEC). According to a report citing “people familiar with the matter” the SEC...
JPMorgan Survey: 49% of Institutional Investors Agree Cryptocurrency Is ‘Rat Poison’ as Warren Buffett Says or a Fad
24.6.2021
Investment bank JPMorgan conducted a survey of thousands of investors from 1,500 institutions and found that 49% of them think that cryptocurrency is either “rat poison squared,” the term used by Berkshire Hathaway CEO Warren Buffett to describe bitcoin, or “a temporary...
Square Enix E3 2021: How To Watch
13.6.2021
Hello, it’s still E3. Funny seeing you here, getting ready to watch Square Enix’s E3 2021 Summer Showcase. Here’s when and where to watch.Read more
Senator Warren Calls Out Bitcoin’s Energy Consumption — Bitcoiners Bite Back
10.6.2021
U.S. Senator Elizabeth Warren criticized Bitcoin and cryptocurrencies yesterday in a Banking Senate Subcommittee hearing. In the hearing, Warren criticized the energy consumption that Bitcoin and other proof-of-work (PoW) cryptocurrencies need to operate. Warren also thinks cryptocurrencies are...
Warren Buffett’s Berkshire Hathaway Invests in Bitcoin-Friendly Digital Bank
10.6.2021
Berkshire Hathaway, the company led by CEO Warren Buffett, has invested $500 million in a pro-bitcoin digital bank. Nubank says it will offer bitcoin investment following its acquisition of brokerage firm Easynvest which offers the trading of Brazil’s first bitcoin exchange-traded fund (ETF)....
Elizabeth Warren compares 'bogus' crypto to 'legitimate' CBDCs in senate hearing
10.6.2021
"The threats posed by crypto show that congress and federal regulators can't continue to hide out, hoping crypto will go away," said the Massachusetts senator
Berkshire Hathaway invests $500M in Brazilian digital bank
8.6.2021
Though its billionaire owner has personally spoken out against digital assets many times, Berkshire Hathaway's investment may indicate the firm is more open to the idea
Relief Payments Coming? 80 Legislators Press Biden Administration for a Fourth Round of Stimulus
1.6.2021
Rumors of a fourth and possible fifth round of direct stimulus checks have become a hot conversation topic this week, as lawmakers are urging the President to act. Over 80 U.S. legislators have sent letters to President Joe Biden and Vice President Kamala Harris asking the administration to push...
Arnold Schwarzenegger Follows Warren Buffett’s Crypto Investment Strategy, Keeps Away From Bitcoin
10.5.2021
Former Governor of California Arnold Schwarzenegger has confirmed that he does not invest in bitcoin or any other cryptocurrencies. He says that he is “like Warren Buffett” in that he does not invest in things he does not understand. The CEO of Berkshire Hathaway thinks bitcoin...
US Senator Elizabeth Warren Bashes Cryptocurrencies Citing Environmental Impact, Investor Protections
7.5.2021
US Senator Elizabeth Warren sees several issues with bitcoin and other cryptocurrencies. She said that “we need a good strong regulatory agency that can continue to update,” claiming that cryptocurrencies invite “investors to come in without the ordinary protections of...
Bill Maher Mocks Bitcoin, Citing Warren Buffett, Bill Gates, Nassim Taleb
3.5.2021
American comedian and television host Bill Maher mocked bitcoin and other cryptocurrencies, including dogecoin, on his show Friday. He quoted several bitcoin critics: Berkshire Hathaway CEO Warren Buffett, Microsoft founder Bill Gates, and “The Black Swan” author Nassim Taleb. Bill...
Berkshire Hathaway’s Charlie Munger Finds Bitcoin ‘Disgusting and Contrary to the Interest of Civilization’
2.5.2021
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says he hates bitcoin’s success. “I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth,” Munger said. Buffett, on the other hand, dodged...
Bitcoin is a 'disgusting' product that comes 'out of thin air,' says Charlie Munger
2.5.2021
"I hate the Bitcoin success, and I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth," said the billionaire
Coalition of US Senators Press President Biden for a Fourth Round of Stimulus Checks
19.4.2021
While Americans are still getting their third stimulus payments, discussions of tacking on a fourth round of direct payments to Joe Biden’s trillion-dollar infrastructure proposal have started trending. Just recently, a coalition led by Senate Finance Chair Ron Wyden and over a dozen...