Tag Archives: BTCEUR

The American financier Anthony Scaramucci believes that bitcoin is a monetary standard that could one day become a global reserve currency. He explained the volatile nature of the digital asset with the fact that it is still in its early adoption days. BTC Is Effective as a Monetary Network During an interview with Natalie Brunell, the Founder and Managing Partner of SkyBridge Capital – Anthony Scaramucci – shared his stance on bitcoin’s merits and its future development. The...

Maxime Bernier – leader of the fast-growing “People’s Party” of Canada, has confirmed that he supports the Bitcoin and cryptocurrency space just a week prior to a federal election in the country. Bitcoin: A Counter to Central Banking Bernier revealed his opinion for Bitcoin in a tweet earlier this week, after many had asked him whether he supported the asset and any of the alternative coins. “Of course I do,” he replied. “I hate how central banks are destroying our money and...

Established in 2014, BitMEX is a veteran derivatives exchange, a pioneer for the crypto industry, which used to be the leading one for a serious period of time. In fact, the traded volume on BitMEX was much more than that on any other derivatives exchange until 2019. BitMEX exchange had a serious impact on the cryptocurrency market as a whole, and in a sense, helped shape the industry into what it has become today. CryptoPotato had the pleasure of interviewing Alexander...

Changpeng Zhao – Chief Executive Officer at Binance – opined that a growing number of traditional monetary institutions had turned their sight into cryptocurrencies recently, especially bitcoin. He also mentioned that the trading platform would change its structure to comply with the regulatory requirements. Financial Institutions Are Flocking into BTC In a recent interview for The South China Morning Post, Changpeng Zhao – Founder and CEO of Binance – shared his views on the...

The American financial services corporation – Fidelity Investments – urged the U.S. Securities and Exchange Commission (SEC) to approve its Bitcoin exchange-traded fund. According to the company, the regulator should allow the initiative as investors’ demand for digital assets has significantly increased recently. Looking for The SEC’s Approval According to a recent filing, the multinational investment management giant – Fidelity Investments – pressured the U.S. Securities...

The Prime Minister of Estonia – Kaja Kallas – opined that the country should be very cautious about employing cryptocurrencies in its economic system. She added that even one of the leading digital asset exchanges – Coinbase – urged the government of the small Baltic nation to make Bitcoin legal tender. As of the moment, though, Kallas does not feel “positive about this.” Following El Salvador’s Move Is Not on The Horizon The recently elected Prime Minister of Estonia – Kaja...

Bitcoin’s recent price surge has led to the formation of a golden cross as the 50-day moving average has gone over the 200-day moving average. Although it’s considered a lagging indicator, previous similar cases have resulted in further price increases for BTC, with investors anticipating a similar move now as well. Bitcoin Golden Cross Took Place This popular indicator occurs when a short-term moving average (the 50-day one in this case) surpasses a major long-term moving...

If the primary cryptocurrency’s mainstream adoption continues and the asset succeeds, regulators and governments will kill its progress, said Ray Dalio. At the same time, he believes most bigger countries, like China and India, have already started trying to do so. Speaking to CNBC on September 15th, the founder of Bridgewater admitted once again that he had allocated a certain amount of his portfolio in bitcoin. This comes even after spending years bashing the cryptocurrency...

The American fintech company – MoneyLion – announced it would enable users to trade digital assets via its all-in-one financial services application. While initially clients would be able to operate only with Bitcoin and Ethereum, the firm intends to add more cryptocurrencies to the offering in the future. MoneyLion Joins The Crypto Trend According to a recent press release, the US mobile financial technology company – MoneyLion – launched a new cryptocurrency service to its...

The Austrian investor – Ronald-Peter Stoeferle – opined that bitcoin’s USD value would skyrocket with unimaginable temps in the next decade. Still, he believes that the primary cryptocurrency would never flip gold praising the precious metal as the most secure financial instrument. As such, he made a compelling argument that gold operates as a safe Volvo, while BTC is a wild ride like a Ducati. How Does BTC’s Future Look Like? In a recent interview for Kitco News,...