Saturday, November 28, 2020
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Bitcoin is disruptive, making its market cycles erratic, Horizen CEO says

Launched nearly 12 years ago, Bitcoin (BTC) is known for its often volatile market cycles. Though some feel that Bitcoin's position as a store of value keeps these cycles fairly consistent, Rob Viglione, co-founder and CEO of Horizen, disagrees.“The only consistent thing about Bitcoin and crypto markets is a large

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Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules

Brian Armstrong is worried the Trump Administration is about to send the cryptocurrency industry a parting gift.The Coinbase CEO took to Twitter Wednesday night to blast the U.S. Treasury Department’s rumored plans to attempt to track owners of self-hosted cryptocurrency wallets with an onerous set of data-collection requirements.If the whispers

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Morgan Creek CEO Says Bitcoin Doing ‘Extremely Well’ Due to Fed Reserve’s Dollar Devaluation

The U.S. Federal Reserve and the rise of “zombie companies” is prompting investors scramble to hedge against inflation using bitcoin and gold.That’s according to Mark Yusko, founder and CEO of investment firm Morgan Creek Capital Management, who spoke with CNBC’s Fast Money host Melissa Lee on Thursday.Yusko took aim at

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MicroStrategy CEO Explains Why Bitcoin Is ‘a Million Times Better’ Than ‘Antiquated’ Gold

MicroStrategy’s headline-grabbing bitcoin bet was a rational response to a macroeconomy in chaos, said Chief Executive Michael Saylor.Appearing Tuesday at CryptoX’s Bitcoin for Advisors virtual conference, Saylor shed new light on one of this year’s biggest cryptocurrency stories: his software company’s recent purchases of $425 million in bitcoin. That surprise September

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Ripple CEO Criticizes Bitcoin Intensive Energy Prior to Biden’s Administration

Brad Garlinghouse, Ripple CEO, recently asserted that his company is ready to align with the new administration policies once Joe Biden assumes the Presidency office. Since the Biden administration taking office in January would be more environmentally-conscious, Ripple CEO advises corporations not to make the costly mistake of converting cash

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