Archives par auteur loupleroux

Metalla CEO Says Crypto Industry Is a ‘License for the Private Sector to Print Money’ During an interview this week, Metalla Royalty & Streaming CEO, Brett Heath, explained that he believes cryptocurrencies will lead to the next financial crisis. The precious metals boss said history shows that “mass adoption of a new financial product” typically […]

Billionaire Stan Druckenmiller on Dogecoin, Ethereum: Won’t Long or Short DOGE, Skeptical of ETH Renowned investor Stanley Druckenmiller has shared his views on dogecoin and ethereum. He said he wouldn’t long or short dogecoin and laughs when the meme cryptocurrency rises in value. As for ether, he is skeptical whether it can hold its position. […]

JPMorgan Chase CEO Jamie Dimon has given personal advice to investors regarding investing in cryptocurrencies, like bitcoin. He said that his own personal advice to people is to “stay away” from cryptocurrencies. However, his bank, JPMorgan, will not stay away as clients want exposure to this asset class. Jamie Dimon’s Personal Advice to Investors About […]

Bank of America, Citigroup, Wells Fargo Unveil Their Cryptocurrency Policies Bank of America, Citigroup, and Wells Fargo have shared their policies regarding cryptocurrency before the U.S. Senate banking committee. The three banks are in different stages of offering crypto services to their clients. They also lag behind some of their peers, such as Morgan Stanley […]

Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company, and FTX. Circle […]

Market Forecaster Jim Bianco Says Ethereum Has a Lot of Upside, Investor Doesn’t Hold Bitcoin On May 27, the president of Bianco Research, Jim Bianco explained during an interview that he believes there’s a lot of upside potential when it comes to the crypto economy. Bianco said since 2017 he’s owned a basket of crypto […]

Pandora Raises $2.4M From Industry Heavyweights to Bridge off-Chain Assets to Open Finance via NFTs PRESS RELEASE. Pandora Finance (https://pandora.finance/) announced that they have successfully closed their $2.4m seed round. The Pandora team received pledges from some of the most visible investors within the crypto space, and closed the round oversubscribed by manifolds. Overview of […]

Spiral Out — Using the Golden Ratio and Fibonacci sequence to Predict Bitcoin Price Cycles The leading crypto asset bitcoin has seen its value drop more than 53% from its all-time high above the $64k handle, sliding to a low of $30k on May 19. While bitcoin is still down 25% during the last 30 […]

US Sends Bitcoin ATM Operator to Prison for Illegal Operation — 17 Machines Seized A bitcoin ATM operator has been sent to federal prison for two years for running an illegal cryptocurrency exchange operation. U.S. authorities have seized 17 bitcoin ATMs, along with some cryptocurrencies, including bitcoin. Illegal Bitcoin ATM Operator Sent to Prison The […]

Fleeing Lynchpin of Nigerian Crypto Ponzi Scheme Inksnation Captured The lynchpin of Inksnation, one of Nigeria’s biggest crypto Ponzi Schemes, Omotade-Sparks Amos Sewanu, has been captured. According to Nigeria’s Economic and Financial Crime Commission (EFCC), Sewanu, who was on the run, was nabbed in Sokoto, a city located in the northwest part of the country. […]

South Korea’s Kimchi Premium Returns, BTC Prices Up 8% Higher Than Global Average As cryptocurrency regulation heats up worldwide, South Korean officials have been increasing regulatory discussions concerning the swelling crypto economy. While digital currency markets like bitcoin have tumbled in value in recent times, global crypto market prices have increased across the board on […]

Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in China Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two exchanges halted specific services to residents of mainland China, two bitcoin mining operations have […]

African Crypto Exchange, Quidax Raises 7772 BNB on the Worst Day of Crypto in Less Than 48 Hours PRESS RELEASE. On what could be tagged as the worst day of crypto this year, African-founded exchange, Quidax, raised over 7,772 BNB from the public sale of its token, QDX. The crypto market suffered its first major […]

HSBC Won’t Launch Bitcoin Trading Desk, CEO Says Bank Has No Plans to Offer Cryptocurrency Investments HSBC has confirmed its bitcoin and cryptocurrency stance as a growing number of major banks are beginning to offer crypto services. CEO Noel Quinn says that HSBC views bitcoin as an asset class rather than a payments vehicle but […]

Comparing the True Costs of Gold Mining in Africa With Those of Bitcoin Mining When billionaire Elon Musk announced that Tesla would no longer accept bitcoin as payment for its electric vehicles, the price of the crypto asset tanked. In justifying this decision, Musk cited bitcoin mining’s inefficient use of electricity as well as its […]

Bitcoin Adoption Picks up Steam in Peru After Presidential Ballot Peru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption following the first round of its presidential ballot process. The presidential candidate with the most vote support, Pedro Castillo, is known for his interventionist policies, so […]

Russian Lawmakers Move to Allow Crypto Payments Under Contracts Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract. State […]

Amid Stern Warnings from China Crypto Firms Huobi and Okex Halt a Few Services On Friday, the cryptocurrency community discussed a report stemming from China’s 51st meeting of the Central Financial and Economic Affairs Commission that reiterated warnings about bitcoin mining. The following Sunday, reports disclosed the cryptocurrency operation Huobi has suspended its cloud-mining operations […]

‘Wolf of All Streets’ Trader Says Dogecoin Is a Good Entry Point to Cryptocurrency, Has Advice for DOGE Investors Crypto trader Scott Melker, also known as the “Wolf of All Streets,” says dogecoin is a good way for new investors to get into cryptocurrency. Sharing his own experience in investing in the meme cryptocurrency, he […]

Toward the latter half of 2020 and during the first quarter of 2021, a mystery miner spent 200 block rewards from 2010 by transferring 10,000 bitcoin during the year. Since the whale’s last 1,000 bitcoin spend on March 23, the patterns of 20 decade-old strings of coinbase rewards are seemingly over. Meanwhile, only eight block […]