Trading app giant Robinhood is issuing a warning about the potential damage future crypto regulations could do to its business. In an amendment to an S-1 Form filed with the U.S. Securities and Exchange Commission (SEC), the financial services company lays out the numerous risks related to its cryptocurrency products and services. Some of those […]
Read More »Cuban has been a strong proponent of Ethereum for quite some time because of the blockchain’s strong presence in the decentralized finance (DeFi) and non-fungible token (NFT) sectors. Back in April, he drew parallels between the rise of smart contracts and the internet boom in the late 90sl. During his most recent interview, Cuban also […]
Read More »Fidelity Investments director of global macro Jurrien Timmer appeared on CNBC today to discuss his bitcoin price prediction models, market outlook, and opinion on the current rally. Timmer shared a bearish prediction for BTC, bullish inclinations towards the dollar as the world’s reserve currency, and a profound misunderstanding of the relationship between Bitcoin and gold. Timmer said […]
Read More »China is experiencing an unprecedented challenge to its status as an undisputed crypto mining sector lodestar. New research data indicates that the United States has become the world’s largest bitcoin mining hub, overtaking China for the very first time. This comes as China’s contribution to the bitcoin mining hashing power declines significantly following the government’s […]
Read More »Commissioner for the U.S. SEC Hester Peirce, more commonly know in the industry as Crypto Mom gave a speech for the Texas Blockchain Summit. Therein, she talked about some statements from the SEC Chair Gary Gensler comparing Bitcoin and cryptocurrencies with the “Wild West” Peirce embraces the term used by Gensler and admitted that the […]
Read More »The proposed bill includes intrusive tax collection measures which would inhibit the productivity of the nation. There’s a strong reason behind the recent wave of bitcoin adoption among the world’s least stable and poorest countries. Bitcoin disproportionately benefits the underbanked and underprivileged because it gives them access to an open global monetary network with predictable […]
Read More »Whales keep a $50,000 moonshot at bay so far, but seasoned hodlers are already in control of more of the BTC supply than at any time since October 2020. Bitcoin (BTC) looked set to challenge critical $47,000 resistance on Tuesday amid a perfect storm of dwindling supply and “exhausted” bears. Hodlers vs. whales in the […]
Read More »Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, gives his view on how the regulator has stepped up the pressure on crypto by saying it will sue Coinbase. Is this one of the first salvoes of a full-blown war? Steve Forbes is well known for his views on cryptocurrency and its suppression by regulators that kowtow to […]
Read More »The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial pyramids, the regulator has also listed crypto exchangers as suspicious entities. New AML Recommendations by Bank of Russia Target Cryptocurrency Exchangers Russia’s central bank has issued a […]
Read More »Jump Trading was once called one of Wall Street’s most secretive high-speed trading firms. But now, Jump is going fully public with its crypto operation and wants the community to know it is keen on being a vocal and transparent contributor to the space. The firm, which has billions of dollars put to work in […]
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