Top 5 cryptocurrencies to watch this week: BTC, ETH, SOL, MATIC, FTM
Bitcoin’s shallow pullback increases the prospect of a new all-time
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Cryptocurrencies
Economics Professor Warns ‘Cryptocurrencies May Contribute to Monetary and Financial Instability’ – Economics Bitcoin News
Cornell University’s professor of economics and former head of the IMF’s China division, Eswar Prasad, has warned that “Cryptocurrencies may contribute to monetary and financial instability.” He added that the risk is amplified if the industry is unregulated and lacks investor protection. Economist Sees Crypto Posing Risks to Financial Stability Eswar Prasad,
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Impossible to Run Away From Cryptocurrencies Says Zimbabwe Finance Minister – Emerging Markets Bitcoin News
Zimbabwe’s increasingly pro-crypto finance minister, Mthuli Ncube, recently told his colleagues in government that it is now impossible to run away from cryptocurrencies. Ncube said this after revealing that some 30% of the country’s youth are now invested in cryptocurrencies. Zimbabwe Ready to Make Concessions on Cryptos According to a report
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Top 5 cryptocurrencies to watch this week: BTC, DOT, UNI, LINK, XMR
Bitcoin could pick up momentum above $56,100 and that could
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Stock Trading App Public to Add Cryptocurrencies
Public, a commission free stock-trading app similar to Robinhood, will allow its users to buy and sell cryptocurrency in the coming weeks, the company announced Thursday.Users will be able to buy 10 cryptocurrencies to start: bitcoin, Bitcoin Cash, ether, Ethereum Classic, Litecoin, Dash, Stellar, Cardano, Zcash and dogecoin.Public’s customers in
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Cryptocurrencies Have ‘No Intrinsic Value’ Says South African Hedge Fund Guru – Blockchain Bitcoin News
Jean-Pierre Verster, the founder of a South African hedge fund Protea Capital Management, has said he does not believe there is “intrinsic value” in cryptocurrencies. He insists that cryptocurrencies have “elements of a Ponzi scheme” and for that reason, he has not invested in them. A ‘Wonderful Technology’ In remarks made during
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Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, XTZ, AXS
Bitcoin’s strong recovery to $49,000 has boosted bullish sentiment and
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Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies – Regulation Bitcoin News
Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the use of cryptocurrencies. He also commented on the regulation of stablecoins. Powell Says ‘No Intention to Ban’ Crypto The chairman of the Board of Governors of the
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Cryptocurrencies Rally as Short Sellers Exit Positions — CoinDesk
Ether, the world’s second-largest cryptocurrency by market capitalization, returned to above $3,000, and is up about 9% over the past week. Similar to bitcoin’s rise, ether’s uptrend is stabilizing as buyers gained momentum over the past few days. The next level of resistance for ETH is seen at around the
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Why NFTs can be a riskier investment than cryptocurrencies, report
Investors who survived the 2008 financial crisis understand the importance of liquidity. When an economic recession starts, deflationary pressure hits the market, and buyers disappear. Sellers frantically try to sell assets before their prices drop further, but buyers want to de-risk and go into safe-haven assets, such as treasury bonds
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