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Billionaire Thomas Peterffy, founder of Interactive Brokers, says he plans to buy more bitcoin if the price of the cryptocurrency hits $12K. However, he remains concerned that bitcoin could “become worthless or outlawed.” Thomas Peterffy on the U.S. Economy and Bitcoin Billionaire Thomas Peterffy shared his outlook for bitcoin and the
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Singapore’s state-owned investor Temasek said it sees more broader-market declines in coming months. Source
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“USD in your Voyager cash account is held at MCB and is FDIC insured," Voyager added. "That means you are covered in the event of MCB’s failure, up to a maximum of $250,000 per Voyager customer. FDIC insurance does not protect against the failure of Voyager, but to be clear:
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Both traditional and crypto investors consider trading fees as one of the most significant liabilities when it comes to investing over exchanges. So no wonder when Changpeng “CZ” Zhao, the founder and CEO of Binance, asked investors about their interest in trading on the crypto exchange with no fees, the
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Stablecoin issuer Tether has cut its holdings of commercial paper by 58% to $8.5 billion, with a further reduction to $3.5 billion expected at the end of the month as it seeks to tackle speculation about the quality of support for its dollar-pegged USDT token. Original Source
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Traders assessed revived concerns of inflation and growth for the coming months. Original Source
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According to research released by Bank of America (BAC) on Tuesday, following its Web3 & Digital Assets Day Conference last week, investor interest in the industry has not been affected by worries of a so-called "crypto winter." According to the report, discussions with some of the 160 clients who attended
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Blockchain technology is the most significant evolution of software since the internet, the report said. Source
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Bitcoin (BTC) passed through the $21,000 level in European afternoon hours, adding to a steady recovery since last weekend’s plunge to almost $18,000. Current levels have acted as a resistance zone for the largest cryptocurrency by market cap, and a recovery above could see the asset surge to $22,600. Source
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The long-awaited update for Ethereum called The Merge is planned to take place by the end of the year. In the aftermath of the Merge, when the current Ethereum Mainnet merged with the beacon chain proof-of-stake (PoS) system, Vitalik Buterin, the co-founder of Ethereum (ETH), declared that he is "absolutely" concerned
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