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Andre Cronje sees a 'necessity for regulation' ahead of crypto's new era
18.4.2022
A Medium post revealed Cronje's disdain for crypto culture and his likely return to the space
Fidelity Investments Launches Crypto, Metaverse ETFs — Says ‘We Continue to See Demand’
18.4.2022
Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. “We continue to see demand, particularly from young investors, for access to...
Speculative SHIB Market Sees Increased 'HODLing'
13.4.2022
SHIB hodlers remain unfazed and accumulated holdings during the past weeks, analytics firm said
Axie Infinity sees 'no signs of buyers' as AXS price tumbles 30% in two weeks
11.4.2022
AXS price nonetheless tests a key inflection area that has historically acted as strong support
Canaan Unveils New Bitcoin Mining Machine as It Sees Speedier ASIC Market Growth
8.4.2022
The new model’s mining power and efficiency positions it in a similar area as rival Bitmain’s S19 and S19 Pro machines, but less than MicroBT’s new WhatsMiner M50S
JPMorgan CEO Jamie Dimon to Shareholders: Decentralized Finance, Blockchain Are Real
8.4.2022
JPMorgan Chase CEO Jamie Dimon sees decentralized finance (defi) and blockchain as real, new technologies that can be deployed in both private and public fashion. He also noted that JPMorgan is at the forefront of this innovation. JPMorgan’s Jamie Dimon Praises Defi and Blockchain JPMorgan...
Scaramucci sees bright future for crypto but 'very worried' about US politicians
6.4.2022
The Mooch called Bitcoin “an asset for freedom” while candidly speaking about his long-term optimism for the crypto industry and worries about American leadership
Elon Musk Promises to Make ‘Significant Improvements’ to Twitter — Calls Crypto Spam Bots ‘Single Most Annoying Problem’
6.4.2022
Tesla and Spacex CEO Elon Musk has joined Twitter’s board of directors and promised to “make significant improvements” to the social media platform. Some changes he is considering include adding an edit button and solving the crypto spam bot problem, which he sees as...
JPMorgan Sees Limited Upside for Crypto Markets
4.4.2022
JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the bank’s analyst explained that stablecoins’ share of the total crypto...
Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates
3.4.2022
A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The top official also revealed that the department is currently finalizing regulations for the mining sector as part...
Solana Based GMT Tokens Surge 54%, ZIL Sees $13M in Liquidations
1.4.2022
Futures of several large-cap cryptocurrencies saw millions of dollars in liquidations as the crypto market dipped lower
Citi Sees Metaverse Economy as Large as $13T by 2030
1.4.2022
The virtual world could be the next generation of the internet, the bank’s analysts said in a report
Janet Yellen Admits Crypto Has Benefits — Says Treasury Working on Crypto Regulation
27.3.2022
U.S. Treasury Secretary Janet Yellen has admitted that there are benefits to cryptocurrency. Crypto has grown by leaps and bounds and is now “playing a significant role” in the investment decisions of lots of Americans, Yellen said, adding that the Treasury Department is working...
Ethereum Staking Sees Accelerating Growth Ahead of Merge
25.3.2022
Staking of Ethereum’s native ETH tokens is accelerating ahead of ‘the Merge,’ with more than 9% of the entire supply of ETH now locked in staking protocols. Meanwhile, exchanges are being depleted of their ETH supply, as more investors are taking their tokens into their own custody and staking...
Fed Chair Powell Says Crypto Needs New Regulation Citing Risks to US Financial System
24.3.2022
The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citing that it presents risks to the U.S. financial system and could destabilize existing financial institutions. Fed Chair Powell Sees the Need for New Crypto Regulation Federal Reserve Chairman Jerome Powell...
DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies
23.3.2022
The CEO of Southeast Asia’s largest bank, DBS, says cryptocurrency “can be an alternative to gold.” He added that regulating crypto “out of the formal banking system is an unwise thing to do.” DBS’ CEO on Cryptocurrency and Regulation DBS Bank Group...
Ombudsman Receives Complaints About Crypto Investments in Spain
22.3.2022
The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees...
Morgan Stanley Sees DeFi Remaining ‘Fairly Small’ as Growth to Slow
22.3.2022
The exponential growth seen in decentralized finance (DeFi) in recent years may be set to slow owing to hurdles such as regulation and overcollateralization, Morgan Stanley said in a research report
BofA Initiates Coverage of Silvergate With ‘Buy’ Rating, Sees 50% Potential Upside
21.3.2022
US Lawmaker Says Bitcoin Is Aligned With American Values, Will Strengthen the Dollar
19.3.2022
U.S. Congressman Pete Sessions says bitcoin is aligned with American values and will strengthen the U.S. dollar. The lawmaker further noted that the cryptocurrency “is trending to be a more resilient alternative option to hedge against fiat-currency inflation.” Rep. Pete Sessions Sees...