coinbase-addresses-future-revenue-concerns-with-plans-to-become-crypto’s-amazon

Coinbase Addresses Future Revenue Concerns With Plans to Become Crypto’s Amazon

A well-received Nasdaq debut from Coinbase last week opens what many hope to be crypto’s cross into the mainstream. Nonetheless, controversy has surrounded its IPO, including valuing the firm on a fully diluted basis. Using this methodology, a higher number of shares is included in the company valuation, essentially overvaluing the company by some $20bn.…
morgan-stanley-says-central-bank-digital-currencies-not-a-threat-to-cryptocurrencies

Morgan Stanley Says Central Bank Digital Currencies Not a Threat to Cryptocurrencies

Major investment bank Morgan Stanley believes that central bank digital currencies are not a threat to the existence of cryptocurrencies. The bank believes that both types of digital currencies can coexist because they serve different purposes and have different appeals. Cryptocurrencies and CBDCs Can Coexist Morgan Stanley’s analysts, including chief economist Chetan Ahya, discussed the…
federal-reserve-bank-president-says-bitcoin-is-clearly-a-store-of-value

Federal Reserve Bank President Says Bitcoin Is Clearly a Store of Value

The Federal Reserve Bank of Dallas president says bitcoin is clearly “a store of value.” Emphasizing the differences between cryptocurrencies, like bitcoin, and central bank digital currencies, he said the latter “won’t necessarily be a store of value.” Fed Bank Chief Calls Bitcoin a Store of Value The president of the Federal Reserve Bank of…
china-calls-bitcoin-and-stablecoins-‘investment-alternatives’-for-the-first-time-since-crypto-crackdown

China Calls Bitcoin and Stablecoins ‘Investment Alternatives’ for the First Time Since Crypto Crackdown

After the well-known crypto crackdown launched by the Chinese government four years ago, it seems there is now a change in the tone from the country’s central bank. At least that’s what has been suggested recently by the deputy governor of the People’s Bank of China (PBoC). Central Bank Clarifies Its Regulatory Framework on Cryptos…
bitcoin-price-nosedives-$5k,-why-btc-could-extend-losses

Bitcoin Price Nosedives $5K, Why BTC Could Extend Losses

Bitcoin price started a sharp decline after it broke the $60,000 support zone against the US Dollar. BTC is correcting gains, but it is likely to face sellers below $58,000. Bitcoin declined heavily below the $60,000 and $58,000 support levels. The price is now trading well below $58,000 and the 100 simple moving average (4-hours).…
bank-of-america-survey:-74%-of-fund-managers-see-bitcoin-as-a-bubble

Bank of America Survey: 74% of Fund Managers See Bitcoin as a Bubble

The most recent Bank of America Fund Manager Survey shows that about three out of four professional investors think that bitcoin is a bubble. The fund managers also rated bitcoin second on the list of the most crowded trades. Recently, investment bank JPMorgan also warned that cryptocurrency as a sector is in a bubble. Bank…
us-lawmaker-warns-treasury-secretary-and-fed-chair-not-to-ignore-bitcoin-or-america-will-fall-behind

US Lawmaker Warns Treasury Secretary and Fed Chair Not to Ignore Bitcoin or America...

Congressman Kevin McCarthy has urged Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell not to ignore bitcoin like they have been trying to do. He believes it is the future, emphasizing, “I do not want America to fall behind” other countries. Government and the Fed Should Not Ignore Bitcoin GOP leader Kevin McCarthy…
hedge-fund-investment-firm-brevan-howard-to-start-investing-in-cryptocurrencies

Hedge Fund Investment Firm Brevan Howard to Start Investing in Cryptocurrencies

Brevan Howard, one of Europe’s largest hedge funds with $13.7 billion in assets under management, is reportedly set to start buying cryptocurrencies. The investment firm previously bought a 25% stake in One River Asset Management, which runs a number of cryptocurrency funds. Major Hedge Fund to Start Investing in Cryptocurrencies Investment management firm Brevan Howard…
vechain-mentioned-in-2021-forbes-blockchain-50,-parabolic-move-in-sight?

VeChain Mentioned in 2021 Forbes Blockchain 50, Parabolic Move In Sight?

Up 150.3% over the past 14 days, VeChain (VET) trades at $0,23 with 15.6% and 84.4% profits in the daily and weekly chart, respectively. In addition to the rally, the company celebrated a major milestone that could give a new impulse to its corporate adoption. VET with strong gains in the daily chart. Source: VETUSDT…
silicon-valley-‘super-angel’-investor-ron-conway-says-crypto-economy-is-the-next-multitrillion-dollar-opportunity

Silicon Valley ‘Super Angel’ Investor Ron Conway Says Crypto Economy Is the Next Multitrillion...

Famed Silicon Valley “super angel” investor Ron Conway sees the crypto economy as the next multitrillion-dollar opportunity in innovation. The Silicon Valley legend likens Coinbase to Google after the company’s IPO via a direct listing on Nasdaq. Crypto Is the Next Multitrillion Dollar Opportunity in Innovation Legendary investor Ron Conway, who is often described as…
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