Dennis Kelleher – one of DC’s top figures in the fields of banking and finance – claims to have seen the FTX collapse coming a mile away, and he’s not surprised by the aftermath it’s led to. Kelleher Believes Crypto Won’t Survive FTX was one of the world’s top digital currency exchanges. Beginning in 2019, the company rose to prominence rather quickly and has since become an embarrassment in the space. The firm initially sought help from Binance and looked to the larger...
Read More »Abu Dhabi Creates the MEAACBA Organization to Organize and Regulate Crypto
Abu Dhabi has launched a new organization it’s calling the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA). The non-profit is built to bring industry leaders together to discuss the major challenges the crypto industry brings to the region and to see how best to integrate crypto into everyday life. The MEAACBA Will Seek to Strengthen the Crypto Space Among the financial companies that have already joined the MEAABA include Bit Oasis, a...
Read More »Crypto Billionaires Think Elon Musk Will Do Well with Twitter
Crypto billionaires are all very pleased with Elon Musk as of late, and they’re very excited that the South African entrepreneur is taking over Twitter. Crypto Billionaires Are Happy with Elon Musk Musk has been turned into something of a villain by democrats and Hollywood celebrities who all claim he’s going to turn the social media platform into a haven for hate speech. By contrast, money hounds in the crypto space have a lot of hope that Musk is going to bring Twitter...
Read More »The Freedom Convoy Is Still Waiting on Certain Crypto Funds
The Freedom Convoy made headlines earlier in the year when Canada sought to impose COVID vaccine mandates. Comprised of several Canadian truckers and others who refused to give in, the Convoy took issue with what it felt were oppressive politics, and let the world know it wasn’t going to be giving in any time soon. The Freedom Convoy Is Waiting for Its Crypto Funds During that period, many people who sided with the Convoy made the decision to forward digital currency funds to those...
Read More »Matt Leitch: Crypto Custodians Should Be More Prominent
What is a crypto custodian? It’s a company or person hired to protect your digital assets and prevent them from being stolen or falling into the wrong hands, and according to Matt Leitch – a social media marketer at Internet Pulse – the need for crypto custodians is getting stronger each day. Matt Leitch Argues That Crypto Custodians Are Very Necessary As time has gone by, the digital currency market has thrived, but it has also seen its fair share of bad actors. This has left to theft,...
Read More »Bitstamp Is Bringing Its Services to Luxembourg
Bitstamp is the oldest digital currency exchange in the world. Not long ago, it announced it’s set to begin doing business in the European nation of Luxembourg, and it will soon offer its services to crypto traders in that region. Bitstamp Is Cementing Itself in Luxembourg Jean-Baptiste Graftieaux – CEO of Bitstamp – said in an interview: We have a combination of engineers and product people who understand crypto or fintech. We also have experts in information security area and data...
Read More »Changpeng Zhao Calls Crypto “Stable” Despite Price Turmoil
Changpeng Zhao – the head honcho of Binance, the largest digital currency exchange in the world – stated in a recent interview that crypto is the “only stable thing” right now regardless of the volatility and falling prices many mainstream assets are dealing with. Changpeng Zhao Believes in Crypto Speaking at a conference in Lisbon, Portugal, Zhao commented that he remains confident in the digital currency space, and he believes the industry will make a solid comeback before traders even...
Read More »Warren Buffett Explains His Hate for Bitcoin
Bitcoin has had its worst year to date, and Warren Buffett – the billionaire investor and CEO behind real estate giant Berkshire Hathaway – is laughing in all our faces right about now. Warren Buffett Really Hates Bitcoin Buffett has never supported bitcoin. In fact, he’s said some rather negative things about it. Discussing crypto assets in 2018, he said: They will come to a very bad ending. He also made it clear that he had no intention of owning any form of crypto, stating in early...
Read More »Crypto Fan Elon Musk Now Fully Controls Twitter
Crypto bull Elon Musk now officially owns Twitter. As one of the largest and most powerful social media platforms in the world, the deal cost approximately $44 billion, which is probably a drop in the bucket for the world’s richest man. Twitter and Musk… The Perfect Match? One of the first orders of business was to fire Twitter’s CFO Ned Segal and its chief executive Parag Agrawal, who took over when initial CEO Jack Dorsey announced his resignation last November. Musk is now the official...
Read More »Is Crypto Volatility Over for 2022?
Over the past few weeks, many crypto analysts have claimed that the prices of the world’s largest and most mainstream assets have become “boring” in many ways. Bitcoin, for example, has seen a real dip in its volatility over the past month or so, and the asset continues to hover at around $20K. Sometimes it’s slightly up and sometimes it’s slightly down, but the range has remained relatively consistent. Could Volatility Finally Be Standing Still? This has been the sentiment for some time,...
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