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SEC Chair Warns of ‘Too Good to Be True’ Crypto Products — US Treasury Calls for Urgent Regulation
21.6.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned the public about crypto investments that seem “too good to be true.” Meanwhile, the U.S. Treasury Department says that the recent crypto market turmoil underscores the urgent need...
More 'forced selling' ahead'? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever
20.6.2022
The shocking Bitcoin withdrawals appeared as BTC's extended its decline below $20,000 over the weekend
ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K
20.6.2022
The ETF will allow U.S. investors to bet against BTC using futures contracts given the cryptocurrency’s performance in a single day, as measured by the CME Bitcoin Futures Index
Salvadoran President to Bitcoin Investors: Your BTC Investment Is Safe, Will Immensely Grow After Bear Market
20.6.2022
The president of El Salvador has some advice for bitcoin investors. He believes investments in the largest cryptocurrency are safe and will “immensely grow” after the bear market. El Salvador’s President on Bitcoin Investments The president of El Salvador, Nayib Bukele,...
How a DAO for a bank or financial institution will look like
19.6.2022
A DAO-based financial industry means lower fees across the board, accessibility, and transparency. Would it be possible?
El Salvador president addresses bear market concerns with Bitcoin hopium
19.6.2022
As tensions rise amid falling BTC prices, President Nayib Bukele decided to share advice for fellow Bitcoin investors that may be concerned about the prolonged bear market
Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment
17.6.2022
A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment in the country. The bill, presented by Federal Deputy Paulo Martins, proposes to amend already existing regulations to include several dispositions that would allow...
Elusive Bitcoin ETF: Hester Perice criticizes lack of legal clarity for crypto
17.6.2022
SEC Commissioner and “Crypto Mom” Hester Peirce criticized the SEC on its regulatory guidance, but noted that change is possible if investors and regulators work together
Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased
16.6.2022
Alejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of President Nayib Bukele, has made in bitcoin. Zelaya stated that there had not been any losses because the bitcoin purchased — around 2,300 BTC —...
Billionaire Sam Zell: I’ve Stayed Away From Bitcoin at All Costs
16.6.2022
The billionaire founder and chairman of Equity Group Investments, Sam Zell, says he is staying away from bitcoin at all costs. He explained that he does not understand the cryptocurrency and believes that a currency without the backing of a government is unlikely to work. Sam Zell Remains Skeptical...
71% of high net worth individuals have invested in digital assets: Survey
16.6.2022
A new survey suggest most of the world's wealthiest have invested in digital assets and wealth management firms have been advised to prioritize providing education and advice
‘Cheaper than it looks’: Fidelity’ exec says BTC undervalued and oversold
16.6.2022
Anthony Pompliano made similar remarks on Monday, noting that Bitcoin’s “value and price are diverging” and that “weak hands are selling to strong hands.”
True Global Ventures doubles down on Web3 with $146M ‘follow-on’ fund
16.6.2022
The TGV4 Plus Follow On Fund was led by a group of 15 general partners who committed over $4 million on average (over 40%) into the fund
SEC chair warns about 'too good to be true' returns amid market downturn
14.6.2022
Gary Gensler added that he continued to be “intrigued with the technology,” but did not directly address if the SEC would approve a Bitcoin exchange-traded fund
How to survive in a bear market? Tips for beginners
13.6.2022
Bear markets represent the most dreaded period in any investment cycle, but there are a few ways to stay ahead and weather the storm
US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers
12.6.2022
U.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to most people who are saving for retirement. However, Yellen noted that Congress could restrict the type of investments allowed in retirement accounts, including...
Mars4 Metaverse is Selling Fast in Japan
11.6.2022
The cryptocurrency market is stagnant. Investors are cautious and hesitant to make investments. Some initiatives, however, thrive even in such circumstances: Mars4, a play-to-earn project, has seen an upsurge in NFT sales. Mars4 is growing thanks to scheduled releases (such as a game demo) and some...
'Ubiquitous' Crypto Payments, Custody Exchange Network, DCG and Huobi Get New Arms + More News
10.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______...
Read More: 'Ubiquitous' Crypto Payments, Custody Exchange Network, DCG and Huobi Get New Arms + More News
Yellen doubts crypto’s place in 401(k), says Congress could regulate
10.6.2022
A head of the Treasury would not recommend investing the retirement money into digital assets “to most people.”
Crypto privacy is in greater jeopardy than ever before — here's why
9.6.2022
Many cryptocurrency hacks are targeted and deliberate, making them extremely dangerous if not addressed