‘Investors stay clear’: UBS warns regulators could pop ‘bubble-like crypto markets’
UBS has joined the phalanx of banks expressing concern over their customers investing in digital assets. Go to Source Powered by WPeMatico
Month: July 2021
Coinbase Actively Building Crypto Hub in India, Looking to Hire ‘Hundreds’ of People
The Nasdaq-listed cryptocurrency exchange Coinbase is actively building a cryptocurrency hub in India. The company says it has “ambitious plans” for the South Asian crypto hub and is looking to hire for many positions, including hundreds of engineers. Coinbase Has ‘Ambitious Plans’ for Its Indian Crypto Hub Coinbase published a blog post on Friday, authored … Read more
New York locals accuse gas-fired mining operation of heating Seneca Lake
Residents are concerned over the environmental impact of Greenidge’s gas-fired Bitcoin mining plant, asserting that the firm is heating the lake and may be killing marine life. Go to Source Powered by WPeMatico
UBS Advises ‘Stay Clear’ of Cryptocurrencies — Warns ‘Regulators Will Crack Down on Crypto’
Switzerland’s largest bank, UBS, has advised investors to “stay clear” of cryptocurrencies and “build their portfolio around less risky assets.” The UBS analysts warned that “Regulators have demonstrated they can and will crack down on crypto.” UBS’ Crypto Advice and Warning The global wealth management team at UBS warned in a note published last week … Read more
Equity Strategists, Portfolio Managers Share Bitcoin Price Predictions: Survey
Equity strategists and portfolio managers were asked about what the price of bitcoin will be by the year-end. Almost half of the surveyed participants say the price of the cryptocurrency will fall below the $30K level but some believe it will rise to $60K. Year-End Bitcoin Price Expectations by Equity Strategists and Portfolio Managers Equity … Read more
Bitcoin.org owner reports site hit with ‘absolutely massive’ DDoS attack
The attack comes just one week after a U.K. court ordered the website to stop hosting the Bitcoin white paper. Go to Source Powered by WPeMatico
Twitter Permanently Suspends Splinterlands Account for Unspecified Violations
After tweeting through its account since 2018, Splinterlands, a blockchain-based NFT trading card game, has been banned from the service permanently as social media giant Twitter refuses to respond to appeals. Suspension Coincides With Twitter Unveiling its Own NFTs While non-fungible token (NFT) hype may have cooled, there is no shortage of controversy surrounding the … Read more
3 reasons why Enzyme Finance (MLN) is up 92% in a week
Enzyme price doubles in a week after major exchange listings and big-name DeFi partnerships lead to a 2,000% increase in 24-hour trading volume. Go to Source Powered by WPeMatico
Binance disappointed by Barclays’ ‘unilateral action’ to block customer payments
A Binance spokesperson reiterated to Cointelegraph that the Financial Conduct Authority’s recent edict only applied to Binance Markets Limited, or BML, which is a separate legal entity from the main global exchange that operates through Binance.com. Go to Source Powered by WPeMatico
248% Weekly Gains — Baby Doge Coin Continues to Rally While Most Crypto Asset Markets Slump
Four days ago, the crypto community and mainstream audiences caught a whiff of a new meme-based crypto asset called baby doge. The coin got a lot more attention when Tesla’s Elon Musk tweeted about baby doge and almost immediately after the tweet, the asset’s value skyrocketed. Musk hasn’t said anything about baby doge since then, … Read more