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Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint
4.11.2022
Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey crypto platform aims to “bolster Bakkt’s cryptocurrency product offering and expand...
Billionaire Mike Novogratz May Cut 20% of Workforce at Galaxy Digital – Signs of Bear Market?
2.11.2022
Michael Novogratz, the founder of the US-based crypto financial services firm Galaxy Digital Holdings, could let go of up to 20% of the workforce amid the market downturn. Crypto exchange BitMEX has also reduced its staff.
According to a report by Bloomberg, there is no official plan for...
257 Economists Say Global Recession Is Near, US Trade Restrictions Against China Could Stir Taiwan Invasion
27.10.2022
According to 257 economists polled by Reuters, the global economy is approaching a recession, but 70% of the survey’s participants believe the chances of a sharp rise in unemployment levels will be low. The poll follows the Biden administration and the U.S. Commerce Department issuing a package...
BTC energy use jumps 41% in 12 months, increasing regulatory risks
19.10.2022
Despite the European Union rejecting a proposal banning crypto mining earlier this year, more regulations could soon be implemented to mitigate the environmental impacts of crypto mining
Billionaire Michael Saylor Pitches Bitcoin to American Investor Ray Dalio
17.10.2022
Michael Saylor, the founder and former CEO of software business MicroStrategy, said that Bitcoin (BTC) is the only money that has the potential to align “all interests to focus on peaceful engagement, rational action, & productive industry.” The notorious crypto-enthusiast tweeted this in response...
OCC's Hsu says regulators are 'spending too much time' on crypto: Reuters
14.10.2022
Michael Hsu stated that it is starting to worry him that “we’re not spending that time and attention on some other things," like fintech, which he described as the “future.”
Acting CoC Michael Hsu: Crypto is ‘immature,’ but maybe it doesn’t have to go away
12.10.2022
The acting U.S. official added nuance to his well known skepticism about the crypto industry, but warns against accommodation, in speeches on risk and regulation
Former Fed Chair Ben Bernanke Wins Nobel Prize in Economics ‘for Research on Banks and Financial Crises’
11.10.2022
Former Federal Reserve Chairman Ben Bernanke has been awarded a Nobel Prize in Economics. The Nobel Prize committee believes that he “significantly improved our understanding of the role of banks in the economy, particularly during financial crises.” Many people, however, blame...
PayPal says policy to punish users for misinformation was 'in error'
10.10.2022
Despite the retraction, the crypto community said the policy is a perfect example of why decentralization and self-custody of funds are so important
Veteran Trader Peter Brandt Suggests All BTC Acquired in 2021 Is ‘a Losing Trade’ — Reignites Feud With Laser Eyes Movement
9.10.2022
Veteran trader Peter Brandt’s latest remarks which mock crypto traders still using laser eyes crypto memes have sparked an immediate and angry response from bitcoiners on Twitter. One very famous bitcoiner, Michael Saylor, reminded Brandt that the laser eyes signify “a long-term...
Grayscale’s New Co-Investment Vehicle Aims to ‘Capture the Upside of Crypto Winter’
6.10.2022
On October 6, Grayscale Investments announced a new venture that gives accredited investors the opportunity to invest in the mining infrastructure that powers the digital asset ecosystem. According to the announcement, the co-investment vehicle is called Grayscale Digital Infrastructure...
Bitcoin Billionaire Michael Saylor Gets Into Twitter Spat with Gold Bug Peter Schiff
5.10.2022
Bitcoin (BTC) bull and former IT firm MicroStrategy CEO Michael Saylor got into a bit of an argument with the arch-bitcoin skeptic Peter Schiff on Twitter on Monday over the former’s support for the world’s number one crypto.
Schiff has become infamous in the world of crypto Twitter, where...
Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Trillion
5.10.2022
A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day America’s gross national debt...
Michael Saylor snubs claims he doesn’t use Bitcoin Lightning Network
5.10.2022
Saylor wanted to demonstrate just how well he can use Bitcoin’s layer-2 Lightning Network by hosting a meme competition
Bittrex, Merkle Science, Bitgo Join Crypto Market Integrity Coalition
30.9.2022
Following the introduction of the Crypto Market Integrity Coalition (CMIC) with 17 member firms last February, the organization has added eight new members. New coalition recruits include Bittrex, Merkle Science, Crystal Blockchain and Bitgo. 8 Crypto Market Firms Join Crypto Market Integrity...
Mature Bitcoin Wealth Taps an All-Time High — Diamond Hands Trend Highlights ‘Refusal to Spend’
27.9.2022
After bitcoin neared $25K roughly 44 days ago, the crypto asset’s price has lost more than 17.88% in value against the U.S. dollar. Onchain analysis from researchers at Glassnode details that the price drop has placed short-term holders into “severe unrealized loss.” Long-term...
This Crypto Insider Says Bitcoin Has Bottomed and Will Retake $60k, But When?
23.9.2022
MicroStrategy's chairman and co-founder Michael Saylor believes the price of Bitcoin has found a stable bottom at around $20,000. From here, he expects the flagship crypto to retake its former peak price levels of around $60,000 within the next four years. ...
Read More: This Crypto Insider Says...
Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low
22.9.2022
While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998. Reports say the Bank of Japan conducted the first forex intervention in 24 years, after the Japanese central bank kept...
‘Investors Are Running out of Havens’ — Erratic Behavior in US Bond Markets Points to Deep Recession, Elevated Sovereign Risk
22.9.2022
Yields on long-dated U.S. Treasuries have been erratic this year and this week, the 10-year Treasury yield crossed 3.5% for the first time in a decade. Following the Fed’s 75bps (basis points) rate hike, 10-year notes reached 3.642% and two-year Treasury notes jumped to a 15-year high...
Why MicroStrategy Has Got Its Bitcoin Accumulation All Wrong as it Lowers Buy Amounts
22.9.2022
MicroStrategy has recently made its smallest Bitcoin purchase since it began accumulating Bitcoin on its balance sheet, a move that could signal financial trouble for the enterprise software company.
The company founded by Bitcoin evangelist Michael Saylor revealed in a September 19 SEC...