Search

Nalezeno "commodity": 326

Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession

9.2.2023
Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real recession.” The Federal Reserve tightening despite the risk of a recession “could be a primary headwind for most risk assets, notably cryptos,”...

Charlie Munger Urges US Government to Ban Crypto Like China Has Done

3.2.2023
Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has urged the U.S. government to ban cryptocurrencies like China has done. “A cryptocurrency is not a currency, not a commodity, and not a security. Instead, it’s a gambling contract...

Founder of $7.5M 'brazen fraud scheme' to see 8 years behind bars

1.2.2023
Randall Crater will pay back the millions lost by victims of his fraudulent crypto scheme and spend 100 months in jail followed by a three-year supervised release

Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization

7.1.2023
During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last few weeks. Russia’s central bank revealed two weeks ago that it is further distancing itself from U.S. dollar dependence by purchasing the Chinese yuan...

Robert Kiyosaki Buying More Bitcoin — Warns SEC Regulations Will Crush Most Cryptocurrencies

1.1.2023
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed why he is buying more bitcoin. He warned that the Securities and Exchange Commission (SEC) regulations will “crush” most other cryptocurrencies. Robert Kiyosaki Buys More Bitcoin, Warns About...

False alarm: DOJ did not classify MNGO as a commodity

29.12.2022
Avi Eisenberg’s arrest on commodities fraud charges for the Mango Markets exploit raised eyebrows on crypto Twitter and required some processing to work through its intricacies

Microstrategy Buys More Bitcoin — Company’s Crypto Holdings Grow to 132,500 BTC

29.12.2022
Microstrategy is now holding approximately 132,500 bitcoin following its most recent purchases. This year, the world’s largest cryptocurrency has emerged as “the institutional-grade digital asset,” said Microstrategy founder Michael Saylor. Microstrategy Acquires More Bitcoin...

3 FTX Execs Have Snitched on SBF, Now Scrutiny Is Aimed at Nishad Singh and Ramnik Arora

22.12.2022
On Dec. 21, U.S. law enforcement officials from the Southern District of New York (SDNY), the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) revealed they imposed fraud charges against FTX co-founder Gary Wang and ex-Alameda Research CEO Caroline...

Commodity Analyst Mike McGlone Suggests ‘Bitcoin Appears Poised to Resume Its Inclination to Outperform’

19.12.2022
Bloomberg Intelligence senior commodity analyst, Mike McGlone, believes a “warm spell” is coming in terms of bitcoin markets as the market strategist detailed on Monday that “bitcoin appears poised to resume its inclination to outperform.” McGlone’s comments...

Why is Ethereum (ETH) price down today?

16.12.2022
Ethereum price is down today and a growing list of challenges could continue to weigh on ETH price for the foreseeable future

CFTC declares Ether as a commodity again in court filing

14.12.2022
The community is hopeful that the assertion by the CFTC will put to bed claims that staked coins are securities according to the Howey Test

CFTC Follows SEC by Filing a Lawsuit Against Disgraced FTX Co-Founder Sam Bankman-Fried

13.12.2022
On Dec. 13, 2022, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Sam Bankman-Fried (SBF), FTX Trading LTD., and Alameda Research. The CFTC alleges that FTX customer deposits, “throughout the relevant period,” including both fiat currencies and cryptocurrencies, were...

US Senator John Boozman Says Bitcoin is a Commodity, No Doubt About It – Here’s Why

3.12.2022
U.S. Senator John Boozman (R-AR) has revealed that federal courts and the Securities and Exchange Commission (SEC) chairman view Bitcoin as a commodity. In his opening remarks at the hearing entitled “Why Congress Needs to Act: Lessons Learned from the FTX Collapse” on Thursday...

US Senator: Bitcoin Is a Commodity — ‘There Is No Dispute About This’

3.12.2022
U.S. Senator John Boozman says bitcoin, although a cryptocurrency, is a commodity in the eyes of the federal courts and the Securities and Exchange Commission (SEC) chairman. He stressed that exchanges where commodities are traded, including bitcoin, must be regulated and the Commodity Futures...

US Regulator CFTC Met With Sam Bankman-Fried 10 Times Before Crypto Exchange FTX Collapsed

2.12.2022
The chairman of the Commodity Futures Trading Commission (CFTC) has revealed that he and his team met with Sam Bankman-Fried and other FTX executives 10 times before the crypto exchange filed for bankruptcy. The regulator sees the FTX collapse as “a classic run based on liquidity...

CFTC Chair Walks Back on Previous Statements Regarding Ethereum, Says Only Bitcoin is Commodity – Regulation Hammer Coming Down?

2.12.2022
Only bitcoin (BTC) should be considered a commodity for regulatory purposes, and not ethereum (ETH), Rostin Behnam, chair of the Commodity Futures Trading Commission (CFTC), said in a recent speech.... Read More: CFTC Chair Walks Back on Previous Statements Regarding Ethereum, Says Only Bitcoin...