Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. While on the surface it seems officials from five provinces in China have […]
The pseudonymous creator of the popular stock-to-flow bitcoin price model, Plan B, has published his “worst case scenario for 2021” predictions on social media on Sunday. Five months ago, bitcoin model. “Bitcoin is below $34K, triggered by Elon Musk’s energy FUD and China’s mining crack down,” Plan B tweeted. Of course, Plan B made sure […]
Meanwhile, others are sure the death cross technical pattern means the price is due to rebound and possibly double-top to higher values than the previous all-time high. On June 19, a number of Twitter conversations, forum posts, and even headlines discussed the technical pattern called the death cross in regard to bitcoin’s chart. Death crosses […]
Deputy Carlos Antonio Rejala Helman of the Hagamos Party has called for Paraguay to take similar action to El Salvador regarding bitcoin. The deputy is preparing a bill that seeks to legalize the use of cryptocurrencies in Paraguay as a means of payment, La Nacion reported Friday. Meanwhile, cryptocurrency adoption is growing in Paraguay. Neither […]
The Iranian government has moved this week to block activities of the Iran Blockchain Association, the Financial Tribune business daily reported on Sunday. According to a notice published by the Persian-language newspaper Hamshahri Online on Wednesday, IBA was also ordered to submit detailed reports about its financial performance and activities to Iran’s Social Affairs Organization. […]
The American economist Steve Hanke knows a lot about currencies, as he is the Cato Institute’s senior fellow and director of the Troubled Currencies Project. Bitcoin is not.” The economist also shared an article he wrote, which stresses the use of currency boards over bitcoin. In the article, Hanke talks about the monetary luminary Milton […]
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted the “biggest crash” in world history. When the price of bitcoin began falling substantially in May, the Rich Dad Poor Dad author urged people to buy the dip. Lot will depend upon global-macro environment.” He emphasized: “Remember the problem is not gold, silver, […]
He was previously chief of the Financial Studies Division in the research department of the International Monetary Fund and, before that, was the head of the IMF’s China division. The third flaw, according to the professor, is that bitcoin does not work well as a currency. Neither the company nor the author is responsible, directly […]
Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. The CEO of General Motors , America’s largest automaker, says that nothing precludes […]
CEBL, the Canadian men’s basketball league, will offer its professional basketball players the option to receive a portion of their salary in cryptocurrency. The league, which was founded four years ago, launched in 2019 with six teams, all of them owned and managed by the Canadian Basketball Ventures group. The exchange, which has more than […]
Investment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. JPMorgan’s analysts affirmed that their outlook for bitcoin was negative. They see similarities between the current situation and the bitcoin crash in 2018 when investors rushed into cryptocurrencies as they boomed in 2017 and mass exited as the […]
The director of the Netherlands’ Bureau for Economic Policy Analysis, a part of the country’s Ministry of Economic Affairs and Climate Policy, has predicted “The ultimate collapse of the crypto bubble.” He urges the government to ban bitcoin and other cryptocurrencies immediately. As the country’s central planning office, the CPB does scientific research aimed at […]
The director of the Netherlands’ Bureau for Economic Policy Analysis, a part of the country’s Ministry of Economic Affairs and Climate Policy, has predicted “The ultimate collapse of the crypto bubble.” He urges the government to ban bitcoin and other cryptocurrencies immediately. As the country’s central planning office, the CPB does scientific research aimed at […]
Investment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. JPMorgan’s analysts affirmed that their outlook for bitcoin was negative. They see similarities between the current situation and the bitcoin crash in 2018 when investors rushed into cryptocurrencies as they boomed in 2017 and mass exited as the […]
At the Bitcoin 2021 conference in Miami, attendees listened to the first phone interview with the Silk Road’s Ross Ulbricht from the depths of the maximum-security prison in Tucson, Arizona. Ross Ulbricht’s voice was heard by the attendees who went to the Bitcoin 2021 conference in Miami this year. During the phone call, Ulbricht noted […]
UK police are lobbying the government to change the laws to allow them to freeze cryptocurrencies. Mick Gallagher, a retired detective chief superintendent at the Metropolitan Police, explained that the laws on freezing assets are outdated, therefore cryptocurrencies, including bitcoin, could not always be frozen or seized by the police. But there is no such […]
India may be regulating crypto as an asset class under the purview of the Securities and Exchange Board of India . However, last year, it did not start until September due to the coronavirus crisis. Last week, India’s central bank, the Reserve Bank of India , issued a notice to banks regarding its April 2018 […]
However, the BIS stated that due to the rapidly evolving and complex nature of this asset class, more than one consultation is likely needed. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or […]
The bank may, for example, allow customers to retain direct control over their own cryptocurrencies and merely store copies of their private keys associated with the coins. The Texas banking regulator has previously determined that custody services may be provided by a Texas state-chartered bank in either a fiduciary or non-fiduciary capacity. One of Africa’s […]
Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. One of Africa’s oldest museums, the Uganda National Museum , is set to […]