Kraken CEO reverses $100K BTC 2021 forecast: Crypto winter now possible
In August, the CEO predicted that Bitcoin would trade “$100,000 plus a coin” late this year or early next year. Go to Source Powered by WPeMatico
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Tanzanian Central Bank Governor: Cryptocurrencies Not Outlawed, Traders Should Invest at Own Risk
The Tanzanian central bank governor recently revealed that cryptocurrencies are not outlawed in the country but warned those dabbling in crypto-related investments that they do so at their own risk. Central Bank Open to Ideas The governor of the Bank of Tanzania (BOT), Florens Luoga, recently stated that the central bank has not outlawed cryptocurrencies … Read more
KKR leads $350M raise for crypto custody bank Anchorage Digital
The raise marks the first time investment giant KKR directly invested in a cryptocurrency firm. Go to Source Powered by WPeMatico
SBI Holdings invests in Singapore crypto exchange Coinhako
Coinhako received regulatory approval from the Monetary Authority of Singapore just a month before the SBI funding. Go to Source Powered by WPeMatico
SEBA Bank launches regulated gold token to enable digital ownership of physical gold
“Gold plays a major role in the capital markets. With a market cap of over $11 trillion, it offers investors a reliable hedge against inflation and a store of value irrespective of economic turbulence,” says SEBA Bank CEO Guido Buehler. Go to Source Powered by WPeMatico
Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency
Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied to cryptocurrencies. Central Bank of Russia Issues Draft Directive Banning Crypto Investments … Read more
Cove Markets to join Robinhood Crypto in latest acquisition
“We started Cove Markets three years ago to help crypto investors get the most out of their trading experience,” said Scott Knudsen, CEO and Co-Founder of Cove Markets. Go to Source Powered by WPeMatico
Multicoin Capital Exec Says There ‘May Not Be a Crypto Bear Market at All,’ Claims ‘Bitcoin Will Get Flipped’
While the crypto economy has tumbled in value during the last two weeks, the managing partner at Multicoin Capital, Kyle Samani, recently shared his views on why he thinks the “next bear market will not be like the last one.” In fact, Samani remarks that there may not even be “a bear market at all.” … Read more
Cyprus’ finance ministry recommends ‘capacity building’ for crypto
Cyprus’s finance ministry stressed the need to accelerate its capacity building for the crypto industry. Go to Source Powered by WPeMatico
German savings banks want to enable Bitcoin for 50M clients: Report
According to the plan, 50 million savings bank customers would be able to buy Bitcoin directly from checking accounts. Go to Source Powered by WPeMatico