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Law Decoded: Crypto cities, investor protection nation, Nov. 8–15
15.11.2021
Major U.S. cities embrace crypto as federal regulators remain much harder to bring around
Shark Tank’s Kevin O’Leary Advises How to Get Into Bitcoin — Crypto Now 10% of His Portfolio
15.11.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has some advice on how to get into bitcoin or other cryptocurrencies. “It’s a wonderful universe. It’s a fantastic asset. It’s a must-own if you’re an investor,” O’Leary said. He also revealed...
Crypto Advocates Weigh ETF Rejection — Veteran Trader Peter Brandt Says Bitcoiners Should ‘Oppose Spot Bitcoin ETFs in US’
14.11.2021
Following the Securities and Exchange Commission’s rejection of Vaneck’s bitcoin spot market exchange-traded fund (ETF) on Friday, a number of cryptocurrency advocates discussed the subject this weekend. For instance, the veteran FX trader Peter Brandt told his 581,700 Twitter...
Unnamed South African Investor Proposes Buying 51% Stake in Collapsed Crypto Firm for $5 Million
12.11.2021
An unknown investor has proposed to acquire a 51% stake in Africrypt — the collapsed cryptocurrency investment company — for a purchase price of $5 million. However, in exchange for the offer, the investor wants all criminal proceedings against Africrypt directors dropped. Offer Must...
Binance CEO: Avoiding Cryptocurrency Scams, Squid Game Token and Other Defi Risks
8.11.2021
The following article was written by CZ, Binance CEO & Co-Founder. DYOR, or do your own research, is a concept I think every investor should know about. It’s as close to a golden rule as anything in the world of crypto, but it applies more even broadly to anything you’re planning...
Billionaire Stan Druckenmiller Warns Crypto, Meme Stocks, Bonds Are in a Bubble: ‘This Bubble Is in Everything’
8.11.2021
Billionaire investor Stan Druckenmiller has warned that everything is in a bubble, mentioning cryptocurrency, meme stocks, equities, and bonds in particular. “This bubble is in everything, every asset on the planet,” Druckenmiller stressed. Druckenmiller’s Warning: Every Asset...
FXCM Investor Lawsuit to Face More Delay
29.10.2021
FXCM Inc, now called Global Brokerage Inc, is facing further delay in the lawsuit brought by investors. The plaintiffs have asked for extra preparation time to articulate responses for the summary judgment provided by the defendants. It all started in February 2017 when FXCM completed settlements...
Fear not, investor: Finding stability amid crypto market volatility
24.10.2021
Volatility in the crypto markets is here to stay. Thus, understanding the utility, necessity and long-term viability of projects is crucial
Gary Gensler Explains Why SEC Approves a Bitcoin Futures ETF
20.10.2021
SEC Chairman Gary Gensler has shared why the U.S. Securities and Exchange Commission (SEC) decided to approve a bitcoin futures exchange-traded fund (ETF) to trade on the NYSE. Meanwhile, the Commission has not approved a spot bitcoin ETF. Why SEC Approves Bitcoin Futures ETF As the first...
Billionaire investor Carl Icahn thinks Bitcoin may be the best hedge for inflation
19.10.2021
His comments were in line with Federal Reserve Chairman Jerome Powell, who mentioned that inflation was rising along with supply issues
‘Big Short’ Investor Michael Burry Not Shorting Bitcoin, Warns ‘Cryptocurrencies Are in a Bubble’
18.10.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has confirmed that he has not been shorting cryptocurrencies, including bitcoin, despite speculations that he may have. His confirmation came after he recently asked how to short crypto. Michael Burry Says He Is...
Economics Professor Warns ‘Cryptocurrencies May Contribute to Monetary and Financial Instability’
16.10.2021
Cornell University’s professor of economics and former head of the IMF’s China division, Eswar Prasad, has warned that “Cryptocurrencies may contribute to monetary and financial instability.” He added that the risk is amplified if the industry is unregulated and lacks...
South Africa Police Issue Arrest Warrant for Fraud-Accused Crypto Trader
12.10.2021
Reports from South Africa say the country’s police have now issued a warrant for the arrest of Sandile Shezi, a 29-year-old cryptocurrency trader. The warrant was issued after one Allan Ledwaba, an investor with Shezi’s Global Forex Institute, accused the cryptocurrency trader...
Pantera CEO Wants a Reminder the Day Before a US Bitcoin ETF Launches — ‘I Might Want to Take Some Chips off the Table’
11.10.2021
On October 6, Pantera Capital published an investor’s note written by Dan Morehead, the company’s CEO. Unlike the myriad of crypto investors who believe that a bitcoin exchange-traded fund (ETF) will send the crypto asset’s value to the moon, Morehead explains it could be...
‘Big Short’ Investor Michael Burry Criticizes Shiba Inu Crypto After SHIB Soars 230% — Says It’s ‘Pointless’
11.10.2021
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, thinks the dogecoin rival shiba inu token (SHIB) is “pointless,” criticizing its supply. The cryptocurrency skyrocketed 230% over the past week. Michael Burry Shares His View on Shiba Inu Token Famous...
George Soros’ Fund Holds Bitcoin, CEO Says Cryptocurrency Has Gone Mainstream
8.10.2021
Soros Fund Management, founded by billionaire investor George Soros, has invested in bitcoin. The CEO of the asset management company says bitcoin is not just an inflation hedge: “I think it’s crossed the chasm to mainstream.” Soros Fund Management’s CEO Says Bitcoin...
US Bank Launches Cryptocurrency Custody Services Amid Strong Demand From Institutional Clients
6.10.2021
US Bank has launched its cryptocurrency custody services. “Investor interest in cryptocurrency and demand from our fund services clients have grown strongly over the last few years,” the bank said. US Bank’s Crypto Custody Services Now Live U.S. Bank announced Tuesday that...
Billionaire investor bullish on Bitcoin: 'Crypto is here to stay'
1.10.2021
Orlando Bravo, the co-founder of one of the world's largest equity firms, talked about his views on Bitcoin and blockchain technology
SEC Chairman Gary Gensler Looks Forward to Review of Bitcoin Futures ETF Filings
1.10.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, explains that some laws provide “significant investor protections” for exchange-traded funds (ETFs), including those seeking to invest in bitcoin futures. He looks forward to seeing the SEC’s...
Billionaire Orlando Bravo Owns Bitcoin, Says ‘It Will Increase Significantly, I’m Very Bullish’
1.10.2021
Orlando Bravo, the billionaire who co-founded private equity firm Thoma Bravo, says he is very bullish on bitcoin, expecting the cryptocurrency to “increase significantly.” He described: “Crypto is just a great system. It’s frictionless. It’s decentralized....