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3 months ago

There are Few Fans of the Jay-Z Crypto Education Program

Not long ago, Live Bitcoin News published an article saying that rapper and entrepreneur Jay-Z and former Twitter executive Jack Dorsey were working together to bring about a new crypto education package to residents of an old Brooklyn neighborhood that the husband of Beyonce grew up in. Jay-Z and Dorsey Are Taking Flak However, while.

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3 months ago

Crypto Exchange Blockchain.com May Lose a Whopping $270 Million! Here's Why

Cryptocurrency exchange Blockchain.com stands to lose $270 million by lending money to Three Arrows Capital, the leveraged hedge fund that is currently the subject of a liquidation order in the British Virgin Islands.  Due to a combination of falling cryptocurrency prices and inadequate risk management, Three Arrows Capital, which touted managing billions of dollars worth …

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3 months ago

Crypto's Second-Richest Billionaire Believes the Digital Asset Market Has Bottomed Out – Here's Why

FTX chief executive Sam Bankman-Fried is weighing in on the state of crypto after a rocky month in the markets. In an interview with Real Vision, Bankman-Fried tells host Raoul Pal that it is possible prices have finally bottomed out, noting that other investment classes have also seen shakeouts recently. “I don't see any particular […] The post Crypto's Second-Richest Billionaire Believes the Digital Asset Market Has Bottomed Out – Here's Why appeared first on The Daily Hodl.

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3 months ago

Lael Brainard Urges Faster And Improved Crypto Regulation

The FED Chair Lael Brainard urges faster and improved crypto regulation and also noted that if crypto remains unregulated as it is integrated into the larger financial system, it will bring risks of instability of the types that are seen now so let's read more today in our cryptocurrency news.

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3 months ago

State Regulators Enhance Their Scrutiny Of Voyager: Report

State regulators enhance their scrutiny of Voyager and started digging deeper into past dealings of the failing exchange so let's read more today in our latest cryptocurrency news. The Securities regulators in Alabama and Texas announced that they are expanding their investigations into Voyager after some new information emerged from the collapsing platform.

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3 months ago

Philippines based think tank says Binance is risk to the public

A local think-tank, Infrawatch PH, has encouraged the Philippine Department of Trade & Industry (DTI) to investigate cryptocurrency exchange Binance's unauthorized promotion techniques via letter. According to the letter, the exchange allegedly used unregistered promotions that were casually shared on social media to target Filipino consumers.

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3 months ago

Crypto Analyst Explains Why ‘Altcoins Could Altcoins Could Drop 45–50%'

On Saturday (July 8), popular pseudonymous analyst and trader “Crypto Capo” (“@CryptoCapo_” on Twitter) explained why he believes that altcoins could fall another 45-50% from current price levels. The “U.S. Dollar Index” (DXY)—which is “designed, maintained, and published by ICE (Intercontinental Exchange, Inc.)”—is “an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies”. […]

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3 months ago

Crypto Whales Are Pouring Capital Into One Ethereum-Based Altcoin As Bitcoin Taps $22,000: On-Chain Data

New data reveals Ethereum (ETH) whales are pouring hundreds of thousands of dollars into one altcoin as Bitcoin (BTC) rises to $22,000. According to whale-watching protocol WhaleStats, the planet's top 500 ETH whales are gobbling up FTX Token (FTT), the native digital asset of crypto exchange platform FTX. The statistics show FTT is the third […] The post Crypto Whales Are Pouring Capital Into One Ethereum-Based Altcoin As Bitcoin Taps $22,000: On-Chain Data appeared first on The Daily Hodl.

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News
3 months ago

Bitcoin Valuation Down to 2013 Levels, Making It a Cheap Bargain

Jurrien Timmer, head of the Global Macro asset management Fidelity Investments, called $20,000 worth of Bitcoin “cheap” in a Twitter discussion. Some people think that the current Bitcoin market prices offer a kind of value for the money not seen in years, despite concerns that cryptocurrency markets could experience more declines this year.

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3 months ago

Fidelity Investments' Director of Global Macro Explains Why “Bitcoin Is Cheap”, Says Ethereum “Could Be Close to a Bottom”

On Friday (July 8), Jurrien Timmer, Director of Global Macro at Fidelity Investments, shared his thoughts on the valuations of Bitcoin and Ethereum. In March 2021, Timmer published a 12-page research paper on Bitcoin (title: “Understanding Bitcoin: Does bitcoin belong in asset allocation considerations?”). Timmer started by saying that he intended his paper to serve as “a brief […]

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