Bookmarking Crypto Insights
Auto Added by WPeMatico
Former Governor of California Arnold Schwarzenegger has confirmed that he does not invest in bitcoin or any other cryptocurrencies. He says that he is “like Warren Buffett” in that he does not invest in things he does not understand. The CEO of Berkshire Hathaway thinks bitcoin is “rat poison squared.” Arnold Schwarzenegger Not Investing in … Read more
The president of the European Central Bank (ECB), Christine Lagarde, warned that cryptocurrencies are prone to money laundering. She agrees with the governor of the Bank of England, Andrew Bailey, who recently said that cryptocurrencies have no intrinsic value and investors should be prepared to lose all their money if investing in them. ECB Chief … Read more
Investment bank Goldman Sachs has officially formed a cryptocurrency trading team, according to the firm’s internal memo. Goldman Sachs says it is working to broaden its market presence in the crypto space and is currently selectively onboarding new liquidity providers to help expand its crypto service. Goldman Sachs Now Has Dedicated Cryptocurrency Trading Team Goldman … Read more
Spacex and Tesla CEO Elon Musk sees dogecoin as his “private stimulus for the people” that represents “legit hope for people” hit by the coronavirus pandemic. While the price of dogecoin has been pumping alongside a number of other cryptocurrencies, Musk cautioned, “Cryptocurrency is promising, but please invest with caution.” Elon Musk Sees Dogecoin as … Read more
The CEO of Paypal has revealed that the company’s cryptocurrency business is showing “really great results.” The first quarter was Paypal’s best quarter ever overall and the strongest year in the history of the company, the CEO emphasized. Paypal Sees ‘Really Great Results’ in Its Crypto Efforts Payments giant Paypal reported its first-quarter earnings Wednesday. … Read more
Mercadolibre Inc., Latin America’s leading e-commerce company with almost 70 million users on its marketplace, has bought bitcoins worth almost $8 million for its treasury. With this move, the company has joined a growing list of corporations with the cryptocurrency on their balance sheets. Mercadolibre Holds Bitcoin on Balance Sheet Mercadolibre Inc. reported its first-quarter … Read more
The creator of the world’s first successful blockchain network has been an enigma ever since the mysterious inventor released the white paper over 12 years ago. Interestingly, Satoshi Nakamoto worked on the Bitcoin project publicly for 25 months and 13 days, all while being able to remain completely anonymous. What the Public Knows About Satoshi … Read more
JPMorgan CEO Jamie Dimon has reaffirmed his stance on bitcoin while acknowledging that his bank’s clients are interested in the cryptocurrency. “I don’t tell clients what to do,” he said while emphasizing that he does not care about bitcoin. Jamie Dimon Has No Interest in Bitcoin but His Clients Do Jamie Dimon talked about bitcoin … Read more
Global payments giant Mastercard has conducted a survey of 15,569 consumers in 18 countries and found that 4 in 10 people plan to use cryptocurrency in the next year. Meanwhile, 93% of people will consider using at least one emerging payment method, such as cryptocurrency. Mastercard’s Crypto Survey Mastercard published on Tuesday the results of … Read more
A company paid an employee for his work done in cryptocurrency. However, after the price of the cryptocurrency skyrocketed 700%, the employer wants the coins back, offering to pay the employee in U.S. dollars instead. Employer Wants Crypto Back After It Rose 700% Marketwatch published a letter to The Moneyist columnist, Quentin Fottrell, Monday from … Read more
