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DeFi architect, Fantom Foundation technical advisor, and Yearn Finance founder Andre Cronje has left the decentralized finance (DeFi) space reeling after deactivating his Twitter account.Cronje’s long-time colleague at the Fantom Foundation Anton Nell stated in a Mar. 6 tweet that both he and Cronje were leaving the crypto space entirely.
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The developing narrative of ether and alternative cryptocurrencies, or altcoins, decoupling from bitcoin in an adverse macro environment went up in smoke on Friday as a sell-off in stocks and the largest cryptocurrency caused extensive damage to the broader crypto market.Bitcoin fell to a five-month low of $38,300 during the
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The Indian government should avoid a ban on private cryptocurrencies, according to a report by Indian non-profit organization Centre for Internet and Society (CIS), which has been cited by lawmakers for reference in the past.The report comes as the Indian government is looking to introduce a crypto bill that will
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In a live recording with Reddit's r/CryptoCurrency Talk Thursday, Shark Tank celebrity Kevin O'Leary discussed how cryptocurrencies now make up 10% of his investment portfolio:At the beginning of the year, I was at 3% weighting; the target was to get 7% by year-end. However, because of the appreciation of so
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Conflicting news about whether Chinese property giant Evergrande had defaulted on its overdue loan payments emerged just before Bitcoin’s recent price crash.Evergrande Group is China’s second-largest property developer and is in debt for roughly $300 billion. There are fears that its collapse could spark a wider financial crisis.Two minutes after
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2B4CH, a Swiss non-profit think tank assisting the state in exploring cryptocurrencies like Bitcoin (BTC) and blockchain technology, is launching an initiative that could make Bitcoin one of the country’s reserve assets.On Friday, the association announced plans to start a popular federal initiative by collecting 100,000 signatures for the introduction
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Shark Tank star Kevin O’Leary, aka Mr. Wonderful, expects a “trillion dollars” more to flow into bitcoin in the next couple of years. He also sees cryptocurrencies becoming an institutional asset class. “We don’t know when but it is definitely going to come. It’s not going away,” he said. Kevin O’Leary
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Bitcoin in 2020 has finally attracted institutional investors with serious wealth and capital to throw around. And it
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Bitcoin has been collapsing after failing to hold $11,000, and it could be thanks to negative sentiment surrounding
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Since it's similar to other financial assets, India should legitimize bitcoin by regulating it like a corporate stock, according Deepak Kapoor. Source
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