Former congressman Ron Paul believes Bitcoin should be regulated and taxed the same as money.
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ConsenSys throws its weight behind Uniswap DeFi lobbying proposal
The controversial proposal is gaining the support of the big players.
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Beijing to Disperse $6 Million in Digital Yuan in a Red Envelope Lottery
China’s central bank digital currency (CBDC) continues to gain further ground as the Beijing Local Financial Supervision and Administration Bureau revealed 40 million worth of the country’s digital yuan ($6.3 million) will be distributed to Chinese citizens. Beijing and China’s Central Bank Launches Digital Yuan Lottery The People’s Bank of China (PBoC) and Beijing Local […]Powered by WPeMatico
Ripple seeks docs from 15 offshore exchanges it says could be ‘fatal’ to the SEC’s charges
Ripple believes records held by offshore exchanges will prove its executives did not violate Section 5 of the Securities Act by offloading XRP on the U.S. public.
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Guggenheim Registers Fund That Allows Bitcoin Exposure After CIO Calls Crypto Tulipmania, Predicts BTC Crash
Guggenheim has registered a new fund with the U.S. Securities and Exchange Commission (SEC) that could have exposure to cryptocurrencies, particularly bitcoin. The filing came as the asset management firm’s chief investment officer repeatedly made bearish bitcoin predictions, calling cryptocurrency Tulipmania. Guggenheim Launching Fund Which Could Have Exposure to Bitcoin Guggenheim Funds Investment Advisors LLC […]Powered by WPeMatico
ECB says digital euro may be needed to combat ‘artificial currencies’
The ECB’s annual euro report stressed that a digital euro may be needed to fight off the threat of “artificial currencies” from “foreign tech giants.”
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Asset Manager Sees Bitcoin Price Bottoming out — Says Market Is Mispricing BTC
Fund manager Brian Kelly says that the market is mispricing bitcoin and “when bitcoin gets that mispriced it is the sign of the bottom.” He sees a string of “all positive things” that are reflected in the pricing of the cryptocurrency. Asset Manager Brian Kelly Says Market Is Mispricing Bitcoin Brian Kelly, the founder and […]Powered by WPeMatico
Goldman Sachs: Bitcoin Is an Alternative Inflation Hedge to Copper, Not Gold
Goldman Sachs’ head of commodities research says bitcoin is more like copper as a hedge against inflation than gold. He explained that they are both “risk-on” inflation hedges whereas gold is a “risk off” asset. Bitcoin Is More Like Copper Than Gold as Inflation Hedge The global head of commodities research at Goldman Sachs, Jeff […]Powered by WPeMatico
Analyst says Bitcoin could see ‘a smaller drawdown and a quicker bottom’
Bitcoin bulls fell short of flipping the $38,000 level to support, and one analyst said on-chain data signals that BTC could see “a smaller drawdown.”
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Investors cautiously re-enter crypto funds while ETH vehicles show strength
Investors like the looks of proof-of-stake coins, while Ethereum leads the way.
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