Tag Archives: News

The state of Oregon has put out a notice to all its residents warning them that investing in crypto could be a costly mistake. Oregon to Investors: Avoid Crypto The warning stems from the Oregon Division of Financial Regulation (DFR) and comes fresh off the heels of the FTX collapse, which arguably sent ripples throughout the space and caused many analysts, traders, and industry heads alike to be stunned with surprise. Nobody expected what has been labeled the industry’s...

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Renowned short-seller Jim Chanos has stated that the current crypto environment is like the “dotcom era on steroids,” and he thinks the recent collapse of popular digital currency exchange FTX is the start of a long and negative era for digital currency. Jim Chanos: Crypto’s Future Looks Bleak Chanos predicted that Texas energy company Enron would collapse in 2001, and he was right. How ironic that the man tasked with cleaning up the Enron mess, John Ray III, is now...

Cathie Wood – who’s always been the crypto bull of crypto bulls – isn’t giving up on the world’s number one digital currency by market cap. In fact, she’s reiterating her love of the coin and claiming that 2030 will be the year in which BTC reaches the long-awaited $1 million price. Cathie Wood Thinks Bitcoin Will Be Huge in Seven Years Bitcoin had a very hard year in 2022. Just a few months prior to 2022’s start, the world’s primary cryptocurrency reached a new all-time...

It’s happened, folks. We’ve always known New York wasn’t crazy about cryptocurrency, but this new law its governor has recently passed clearly takes its dislike of the industry to a whole new level. The law will limit crypto mining within the state and guarantees safe passage only to firms that utilize green energy. New York Puts Limits on Crypto Mining The bill has been on the table for many weeks, though New York Governor Kathy Hochul has been slow to make a clear...