Mohamed El-Erian – Chief Economic Advisor at Allianz – classified bitcoin investors into three different categories – “fundamentalists, professional investors, and speculators.” He said he would become a BTC holder once again only if the third type disappears from the space. Will El-Erian Buy BTC Again? The President of Queens College and CEA at Allianz – Mohamed El-Erian – revealed in a recent interview when he would potentially buy bitcoin again. It’s worth noting that he...
Read More »Coinbase CFO On Where the Company Will Soon Be Headed
The CFO of Coinbase – one of the biggest and most powerful digital currency exchanges in the world – unveiled some of her thoughts on the future of the crypto industry and where she thinks the company will go from here. How Coinbase Is Planning to Change Alesia Haas says that Coinbase now has a valuation of approximately $70 billion despite crypto transactions being down this quarter. Between quarter three and quarter four of 2021, monthly transactions fell from just...
Read More »Global Crypto Regulation: A Glimpse Of The Present & A Window Into What 2022 Might Hold
The last couple of years have witnessed explosive growth in the mainstream acceptance of cryptocurrencies as aggregate global digital asset capitalization surged past $3 trillion in market capitalization amid a flood of institutional demand and expanded use cases. Digital assets like bitcoin (BTC), ether (ETH), and several other altcoins have come a long way, gradually transitioning from speculative investments to crypto portfolio stablemates. As cryptocurrencies continue...
Read More »Twitter Is Establishing a Whole New Division Devoted to Crypto
Popular social media giant Twitter has announced that it is developing a whole new division devoted entirely to cryptocurrency and blockchain technology. Twitter Is Building Its Own Crypto Department The department—known as Twitter Crypto—will focus on several growing aspects of the digital currency space including crypto payments, non-fungible tokens (NFTs), and decentralized services. A company spokesperson explained in an interview: Blockchain and crypto are unlocking...
Read More »Israel to Apply Anti-Terror Banking Rules to Cryptocurrencies: Report
Israel’s Authority for Combating Terror Financing and Money Laundering will reportedly impose new regulations on various digital financial products, with cryptocurrencies being some of them. The government unit raised hopes that the legislation will diminish crypto’s use in criminal activities and grant more support to the local investors. Clear Standards for Crypto A recent report by the Jerusalem Post reads that Israel intends to increase the clarity in the digital asset...
Read More »Crypto Scams: Are Things Getting Out of Hand?
Scams, scams, and more scams… It seems whenever we look at news relating to crypto as of late, it’s all we hear about, and according to several tech experts, the problem is getting worse. Crypto Scams Are a Serious Problem Scams have always occurred in the digital currency industry, but they have become more elaborate as time has gone by and the space has undergone change. For example, it used to be that a cyberthief ultimately gained control of the assets in a digital...
Read More »Bybit Becomes The Global Main Sponsor of Argentina’s National Soccer Team
The Argentine Football Association (AFA) revealed that Bybit will serve as its Global Main Sponsor for all selections in the next two years. Thus, the cryptocurrency trading platform put its name next to well-known corporations such as Adidas, Nissan, and Coca-Cola, which are also official sponsors of Argentina’s national soccer team. Bybit’s Logo on Messi’s Training Clothes The new partnership will allow Bybit to have maximum visibility in all AFA assets, according to the...
Read More »Binance Publishes a List With 10 Fundamental Rights of Crypto Users
Binance believes the future of crypto needs to be user-focused. Amidst mounting regulations, the CZ-led cryptocurrency exchange has published a list of what it considers to be the basic rights for every digital asset user. Beyond the hype of Bitcoin (BTC) and Dogecoin (DOGE), Binance stated that there is more to the cryptocurrency sector. Its constitution-like document “10 Fundamental Rights for Crypto Users” emphasizes the need for financial inclusion, privacy, among...
Read More »Spantale Raises $600K in Under 18 Hours on Tozex
[PRESS RELEASE – Please Read Disclaimer] On October 26, Spantale, the Blockchain-based sports sponsorship platform of Olympic Champion Amaury Leveaux launched the flash sale of its AEL token. Its goal was to raise $600,000 in 48 hours. This was achieved in less than 18 hours, showing that support was there. Spantale Raises $600K Through Tozex.io October was productive for Spantale. After winning an award at the World Blockchain Summit in Dubai, the platform of choice of the...
Read More »Marathon Digital’s Shares Plunged 27% Amid SEC Crackdown
Shares of the U.S. leading crypto mining company Marathon Digital Holdings (MARA) went on a downward spiral, plunging by nearly 30% within 24 hours amid a recent crackdown by the country’s Securities and Exchange Commission (SEC). MARA Down 27% in 24 Hours Since Marathon is primarily a Bitcoin miner, the recent bull run in the crypto market had a positive effect on the company’s stock. In the past month alone, the miner’s stock, MARA, went up by more than 40%. However, the...
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