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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...
The fees sting but Uniswap v3 sees more volume on launch day than v2's first month
7.5.2021
Several users have aired complaints about the new version, especially its higher gas fees
Paypal Crypto Shows ‘Really Great Results’ Amid Strongest Quarter Ever, CEO Says
7.5.2021
The CEO of Paypal has revealed that the company’s cryptocurrency business is showing “really great results.” The first quarter was Paypal’s best quarter ever overall and the strongest year in the history of the company, the CEO emphasized. Paypal Sees ‘Really Great...
UBS Chief Economist Says ‘Bitcoin Is Denied to Minority Groups Who Have Reduced Online Access’
2.5.2021
A chief economist at UBS, the largest bank in Switzerland, sees a number of problems with bitcoin. In attempting to answer the question of whether the cryptocurrency defies the zeitgeist, he claims that “bitcoin is denied to those minority groups who have reduced online access.”...
MicroStrategy sees up to 52% revenue surge as Saylor confirms more Bitcoin buys ahead
30.4.2021
New figures show certain revenue sectors boomed by over 50% in Q1 2021 compared to the same quarter last year
Goldman Sachs Doubts Bitcoin as Store of Value Citing Environmental Problems and ‘Lack of Real Use’
29.4.2021
Global investment bank Goldman Sachs is questioning whether bitcoin can be a long-term store of value and digital gold. The firm’s analysts cited various issues with the cryptocurrency, such as environmental problems, “lack of real use,” and competition from other...
Bitcoin price nears $55K as fund manager ‘still sees $100K’ in 2021
27.4.2021
Some analysts still expect six-figure Bitcoin prices this year despite the recent market panic
Silicon Valley ‘Super Angel’ Investor Ron Conway Says Crypto Economy Is the Next Multitrillion Dollar Opportunity
18.4.2021
Famed Silicon Valley “super angel” investor Ron Conway sees the crypto economy as the next multitrillion-dollar opportunity in innovation. The Silicon Valley legend likens Coinbase to Google after the company’s IPO via a direct listing on Nasdaq. Crypto Is the Next Multitrillion...
Email server breach sees Celsians targeted by phishing attacks
16.4.2021
Celsius customers have been targeted with fraudulent SMS and email communications after a third-party email distribution server was compromised by hackers
Coinbase IPO Today: Reference Price Set at $250, Investors See Nasdaq Listing as ‘Watershed’ for Crypto
14.4.2021
Coinbase’s IPO via a direct listing on Nasdaq is today. Nasdaq has set a reference price of $250 for the stock which will trade under the ticker symbol COIN. Investors are describing Coinbase’s public debut as a “watershed” moment for the crypto industry. Coinbase’s...
BTC Slips As Coinbase Sees 15% User Growth At Best, Focuses on Altcoins
7.4.2021
The price of the most popular cryptocurrency, bitcoin (BTC), corrected lower following the much-anticipated announcement of Coinbase's results.
At 05:02 UTC, BTC trades at USD 57,576 and is down by 2% in a day and a week.
The US-based major crypto exchange, that is preparing for a direct listing...
FORCE token sees volatile 24 hours following coordinated attack on ForceDAO
5.4.2021
The DeFi platform was the victim of an attack shortly after launch, with 183 ETH compromised. After an initial selloff, FORCE tokens are in recovery mode Monday
Oversupplied NFT Market Sees Interest and Sales Plunge
5.4.2021
A fragment of Financial Freedom - Chapter 2 by Buddyart00. It's the law of physics and crypto markets: what goes up must come down - and it seems to apply to the non-fungible tokens (NFTs) market as well.
According to NFTs marketplace tracker Nonfungible.com, there is a noticeable drop in sales...
JMP Securities Expects $1.5 Trillion to Flow Into Bitcoin as Retail Wealth Management Industry Follows Morgan Stanley to Offer BTC to Clients
24.3.2021
JMP Securities has predicted that “$1.5 trillion of incremental capital” could flow into bitcoin, an amount greater than the cryptocurrency’s current market cap. The firm sees more wealth management companies following Morgan Stanley’s example to offer bitcoin to their...
Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold
22.3.2021
Federal Reserve Chairman Jerome Powell sees cryptocurrency as a substitute for gold, rather than the dollar. However, he cautioned that crypto assets, including bitcoin, are highly volatile and not useful as a store of value. Fed Chair Sees Bitcoin as a Gold Substitute During a webinar sponsored...
Citi Executive Says Bitcoin Will Do Well But Sees Better Investments in ‘Giant Unstoppable Trends’
20.3.2021
Citibank’s David Bailin believes that bitcoin will do well because of the level of interest from investors. While stating that the cryptocurrency can be part of a portfolio, the executive sees better investment opportunities than bitcoin in “giant unstoppable trends.” Bitcoin...
Bank of America Says the Only Good Reason for Holding Bitcoin Is ‘Sheer Price Appreciation’
19.3.2021
Bank of America sees no good reason to own bitcoin other than “sheer price appreciation.” The firm’s strategists found that the cryptocurrency’s “inflation hedging benefits are not particularly apparent.” Bank of America also claims that bitcoin does not offer...
New Details About India Banning Cryptocurrency Emerge — Crypto Community Sees Mixed Messages
16.3.2021
New details have emerged suggesting that the Indian government will go ahead with banning cryptocurrency, in contrast to what the crypto community believes. In her latest interview regarding cryptocurrency legislation, India’s finance minister said that there will be a window...
Buy-the-dip signal? Ethereum sees surprise gain vs. Bitcoin despite BTC drop
15.3.2021
The price of Ether saw gains in its BTC pair on Monday as Bitcoin price dropped below $60,000
Fund Manager Warns Bitcoin Is Pointless and ‘a Particularly Vile Asset Class’
15.3.2021
Tim Bond, a portfolio manager at Odey Asset Management, has warned that bitcoin is pointless, calling the cryptocurrency “a particularly vile asset class.” He claims that bitcoin has no real social utility other than as a tool for speculation and a means to launder the proceeds...