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Libra co-creator David Marcus says Bitcoin’s alternatives are too centralized and not secure enough. Lightspark CEO David Marcus is apparently a big fan of Bitcoin (BTC), as he believes that the cryptocurrency made by Satoshi Nakamoto is the only “viable neutral settlement asset” that can “usher in a new era of
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A district court judge sided with the U.S. Treasury Department in a lawsuit that involves Coinbase and sanctions imposed on crypto mixer Tornado Cash. The decision came as a blow to six plaintiffs who had challenged
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Renowned author and investor Robert Kiyosaki has rebutted the Wall Street Journal’s portrayal of a thriving US economy, underlining his skepticism on Twitter. Kiyosaki stressed that the recent upswing in the stock market was primarily driven
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"I don't really see a compelling reason to pause rate hikes," Fed's Master said, validating the recent hawkish repricing of interest rate expectations in the U.S. Source
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The voting comes as Gemini, the issuer of GUSD, is under pressure after halting withdrawals from its yield-paying product, called Gemini Earn, and because of a lawsuit by the top U.S. securities regulator. Gemini is the brainchild of mega-crypto investors Cameron and Tyler Winklevoss, who still helm the company. Source
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Sell bitcoin June expiry calls and hedge the same with short-dated December expiry options, Cumberland said. Source
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An example of call overwriting is when an investor owns one bitcoin and sells a call option on it at a strike price that's higher than the current market price. For example, giving the option buyer the right to purchase the bitcoin at, say $20,000, when the current price is
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Two United States government financial officials gave speeches on Sept. 7 in which they expressed their positions on crypto regulation. Both had reservations about crypto.Michael Barr, who was recently appointed United States Federal Reserve Board vice chair for supervision, made his first speech in his new capacity at the Brookings
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Australian central bank Governor Phillip Lowe said that a private solution “is going to be better” for cryptocurrency as long as risks are mitigated through regulation.Lowe commented at a recent G20 finance meeting in Indonesia. Reuters reported on July 17 that officials from other countries discussed the impact of stablecoins
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The tough approach could see rivals to fiat currency outlawed in the bloc. Original Source
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