Goldman and Interactive Brokers Execs Claim Wallstreetbets Trend Could ‘Take Down the System’
The heavy hitters in traditional finance have been concerned about the recent stock market action fueled by Redditors and a colossal number of retail investors. This week a Goldman Sachs executive warned that if these short squeezes continue it could “snowball through the market.” Moreover, Interactive Brokers founder Thomas Peterffy made similar comments this week … Read more
‘When alt season?’ eToro may have some answers
In 2020, holding the top 100 altcoins equally was a more lucrative investment than Bitcoin up until Dec. 18, according to eToro. Go to Source Powered by WPeMatico
The future of crypto trading will be omni-chain
The only way for DeFi to realize its potential is through an omni-chain approach, enabling assets of any kind to flow freely through all platforms. Go to Source Powered by WPeMatico
Indian government looking to crack down on crypto scams with proposed ban: Cashaa CEO
Kumar Gaurav said “there is no way any government” can outright ban crypto given its nature as a global and decentralized system. Go to Source Powered by WPeMatico
Thanks Bitcoin, MicroStrategy stock is up 113% since being downgraded by Citigroup
MSTR stock has surged by roughly 113% since Dec. 8 when it was downgraded by a Citigroup analyst. Go to Source Powered by WPeMatico
Ripple Formally Responds to SEC Allegations — Claims SEC Picking Winners and Losers, Distorting Facts About XRP
Ripple Labs has officially responded to the complaint by the U.S. Securities and Exchange Commission (SEC). Besides explaining that the XRP cryptocurrency is not a security, Ripple accuses the securities regulator of being out of step, picking winners and losers, as well as distorting facts regarding the cryptocurrency. In the court document filed on Jan. … Read more
Decentralized identity is the way to fighting data and privacy theft
In the digitizing world, identity is everything and blockchain is to make it safe for everyone: users, businesses and governments. Go to Source Powered by WPeMatico
Bitcoin ‘ascendant’ as GameStop saga unfolds, Bitfinex CTO says
The GameStop short squeeze and Bitcoin have a lot more in common than appears at the surface, according to Paolo Ardoino. Go to Source Powered by WPeMatico
Institutional demand for crypto isn’t subsiding, but impact will be gradual
As another $2-trillion stimulus package looms in the U.S., institutions will continue to look at BTC as a hedge against inflation. Go to Source Powered by WPeMatico