Cryptocurrency Analysis and News Portal
Bitcoin (BTC), the leading cryptocurrency, is currently in an upward accumulation phase, inching closer to surpassing its current yearly high of $38,390. This
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Gold’s recent push to an all-time high price is “great news,” according to author Robert Kiyosaki, who once again urged investors to put their money in the precious metal as well as Bitcoin (BTC). The Bitcoin proponent and acclaimed author of the popular personal finance book “Rich Dad Poor Dad” took
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"Crypto is an asset that has no intrinsic value, whose price could go to zero and therefore investors should be prepared to lose all of their money," Breeden said. "That megaphone about the risks in it has been consistent and very clear. However, that technology, I think has got the
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The International Monetary Fund, or IMF, has pointed to the collapse of FTX as well as “turmoil” in the banking sector in its calls for regulation of digital assets.In its Global Financial Stability Report released on April 11, the IMF renewed calls for “comprehensive and consistent regulation and adequate supervision”
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After a Bloomberg article alleged exposure between stablecoin provider Tether and the now-collapsed Signature Bank, rumors began to circulate regarding the involvement between the two companies. However Tether immediately reached out to clarify the claims made in the original article. In an email sent to Cryptox among other outlets, Tether gave
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Ethereum price gained approximately 4 percent in the past 24 hours to trade around $1,815 during the early Asian market on Friday. In the recent White House annual economic report to Congress, the Joe Biden administration noted that most crypto assets are unregulated securities, a commodity, a derivative, or other
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Despite the recent crackdown by the U.S. Securities and Exchange Commission (SEC) on staking services offered by centralized providers, Coinbase has reiterated to customers that its staking services will continue, and “may actually increase.”In a new customer email, highlighted by popular traders such as @AltcoinPsycho via Twitter on March 10,
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Coinbase CEO Brian Armstrong has attempted to quell speculation that his exchange’s staking products should be classified as securities — upping the ante in the ongoing debate around crypto regulations with the United States Securities and Exchange Commission, or SEC. In a televised interview with Bloomberg on March 1, Armstrong
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Although Jamie Dimon remains a Bitcoin critic, JPMorgan continued to make waves in the blockchain industry.While there are many Bitcoin believers confident in the existence of the cryptocurrency, there are also unrepentant BTC critics like JPMorgan (NYSE: JPM) CEO Jamie Dimon. The CEO has made several bearish comments on crypto
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Christine Lagarde, president of the European Central Bank, or ECB, has once again called regulation and supervision of crypto an “absolute necessity” for the EU in the wake of the collapse of crypto exchange FTX.At a Nov. 28 hearing of the Committee on Economic and Monetary Affairs of the European
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