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Crypto Is Too Dependent on ‘Greater Fool Theory’ to Be a Desirable Investment – Featured Bitcoin News

Former Federal Reserve Chairman Alan Greenspan says crypto is “too dependent on the ‘greater fool theory’ to be a desirable investment.” However, he noted that the collapse of crypto exchange FTX was “purely fraud,” rather than the result of a feature inherent to crypto. He does not expect the FTX

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SEC Charges Team Behind Coindeal Crypto Fraud That Promised 500,000 Times Investment Returns – Regulation Bitcoin News

The U.S. Securities and Exchange Commission (SEC) has charged the team behind Coindeal, a $45 million fraudulent crypto investment scheme. The regulator explained that the defendants falsely claimed that Coindeal “would generate investment returns of more than 500,000 times for investors.” SEC Takes Action Against Coindeal Crypto Fraud The U.S. Securities and

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Final Fantasy creator reveals ‘aggressive investment’ in blockchain games

Final Fantasy creator Square Enix is set to double down on blockchain game development despite turbulence in the crypto market, according to a Jan. 1 letter from the Japanese company's president, Yosuke Matsuda.The letter, titled “A New Year’s Letter from the President,” aimed to recap the company’s major accomplishments in

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UK Enforces Crypto Tax Break for Foreign Residents Using Local Investment Managers

“This exemption is an important factor in attracting global investors, meaning foreign investors won’t be brought into U.K. tax simply by appointing U.K.-based investment managers,” the government's tax arm, the HM Revenue and Customs, said in an email to CryptoX. “To build upon the U.K.’s position as an investment management

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‘Oil Prices North of $200’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023 – Economics Bitcoin News

Amid the dreary global economy, a number of market strategists and analysts believe oil will be the number one investment in 2023. While a barrel of oil is coasting along at prices between $80.12 and $85 per unit, Goldman Sachs analysts think oil will reach $110 per barrel for Brent

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Bitcoin Is a Good Investment, Gold Investors Are Dumb – Markets and Prices Bitcoin News

Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, says bitcoin is a good investment. The billionaire wants the price of the cryptocurrency to fall further so he can buy some more. Meanwhile, he insulted gold investors, calling them “dumb as f***.” Mark Cuban Prefers Bitcoin

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