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Crypto Regulation Is Like a Flimsy Umbrella in a Monsoon
25.1.2023
You know what they say, “when life gives you lemons, make lemonade.” But when it comes to protecting your crypto funds on centralized exchanges (CEXes), the old adage should be “when life gives you regulations, make a self-custody wallet.” Self-custody is undoubtedly...
Jim Cramer Says Avoid Crypto, Stick With Gold for ‘Real Hedge’ Against Inflation and Economic Chaos
25.1.2023
The host of Mad Money, Jim Cramer, has advised investors to avoid crypto and stick with gold if they “seriously want a real hedge against inflation or economic chaos.” He added that bitcoin is too volatile to use as a currency. “Imagine business owners trying to conduct...
First Mover Asia: Bitcoin Seesaws Above and Below $23K Again
25.1.2023
The largest cryptocurrency has been holding steady near this threshold as investors remain hopeful about inflation and the economy
Economist Peter Schiff Explains Why Bitcoin and Gold Are up This Year — ‘They’re Rising for Opposite Reasons’
25.1.2023
Economist and gold bug Peter Schiff has explained why bitcoin and gold are going up this year. “They’re rising for opposite reasons,” he said, claiming that the price of gold is climbing as investors view the metal as a hedge against inflation and a weaker dollar. Peter Schiff...
Porsche's NFT Debut Is a Reminder to Let Web3 Natives Take the Wheel
25.1.2023
The German carmaker’s NFT collection mint was met with backlash from the community and served as a lesson for big brands looking to meaningfully build their Web3 strategy
Bank of America, JPMorgan, Wells Fargo Collaborate to Launch Digital Wallet: Report
25.1.2023
Seven major banks, including Bank of America, JPMorgan Chase, and Wells Fargo, have reportedly teamed up to launch a digital wallet that will compete with other third-party wallet providers such as Paypal and Apple Pay. Big Banks to Launch a Digital Wallet Bank of America, JPMorgan Chase, Wells...
Crypto Markets Today: Bitcoin Moves Sideways at $23K
24.1.2023
Also: Binance mixed customer funds with B-Token collateral 'by mistake.' Equities closed mixed
Wasabi Wallet Will Pay You to 'Crack' a Bitcoin Wallet
24.1.2023
The challenge is part of a week-long educational game that has received support from 12 major partners, including Blockstream, Trezor, BTCPay and others
Casting Stones From a Glass House: Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy
24.1.2023
The Chinese embassy in Zambia denounced the United States over its debt limit and the “extraordinary measures” Treasury secretary Janet Yellen has implemented to stave off a U.S. debt default. Yellen said on Monday that it was very important that Zambia restructure its debt, but Zambia...
Genesis Seeks $20.9M From ‘Bitcoin Jesus’ Over Crypto Options Trades That Weren’t Settled
24.1.2023
The court action seeks damages from the Bitcoin Cash backer Roger Ver related to the alleged failure to settle cryptocurrency options transactions that expired on Dec. 30, 2022
Aave Community Voting to Deploy Version 3 on Ethereum
24.1.2023
If the proposal passes, the latest iteration of the Aave protocol will come to the Ethereum blockchain, Aave’s first and largest market
A 5-Pronged Approach to Sensible Crypto Regulation After FTX
24.1.2023
Mike Belshe, CEO of BitGo, outlines a modest, five-pronged approach to sensible regulation of crypto in the U.S. which could have prevented FTX
Finder’s Experts Predict Bitcoin to Peak at $29K in 2023, But Forecast a Low of $13K
24.1.2023
The price of bitcoin is set to rise in 2023, but crypto and fintech experts chosen by the product comparison web portal finder.com do not believe the leading digital asset will break the $30,000 range this year. Finder’s panel of 56 specialists convened to give their 2023 bitcoin price...
Crypto Infrastructure Firm Blockstream Raises $125M for Bitcoin Mining
24.1.2023
The company will use the fund to expand its bitcoin mining facilities amid strong demand for hosting
How Policy Shaped Crypto’s Banking Prospects
24.1.2023
Coinbase Trading Volume Increases in January While Other Exchanges See Declines: JPMorgan
24.1.2023
Coinbase’s reputation as one of the more trustworthy exchanges in the U.S. has helped it following the collapse of rival FTX
Celsius Proposes Restructuring to Offer One-Time ‘Meaningful Recovery’ Payout for Most Creditors
24.1.2023
Lawyers for Celsius Network said Tuesday that the bankrupt crypto lender is planning to reinvent itself as a new, publicly traded “recovery corporation” in order to exit the bankruptcy process – something they said could happen in “months.”
Ghanaian Cedi Second Worst-Performing Asset Among Sub-Saharan Africa’s Top 15 Currencies
24.1.2023
In just the first 17 days of the new year, the Ghanaian currency reportedly depreciated by 12.7%, making it the second worst-performing among Sub-Saharan Africa’s top 15 currencies. While one U.S. dollar bought 13.10 units of the cedi on the parallel market, according to the latest Bank...
MiCA at the Door: How European Crypto Firms Are Getting Ready for Sweeping Legislation
24.1.2023
Adapting how crypto exchanges operate under the new regulation won’t be easy, but it might make it easier for them to get bank accounts in Europe, says Anna Baydakova
Porsche Hits Brakes on NFT Mint After Backlash
24.1.2023
Fans of the German car manufacturer hit back against the mint’s high price and supply hours after it opened on Monday