Trader Urges Pulling Money From Banks and Putting It Into Gold and Bitcoin
Founder of trading platform Eight Michaël van de Poppe urged market participants to 'take' money out of banks.
Trader Urges Pulling Money From Banks and Putting It Into Gold and Bitcoin
Founder of trading platform Eight Michaël van de Poppe urged market participants to 'take' money out of banks.
Coinbase to halt Bitcoin-backed lending via Borrow
From May 10, Coinbase will cease Bitcoin-backed lending via the Borrow service. Affected clients of the crypto exchange have been notified, according to Cointelegraph.
Balaji Srinivasan loses $1 million bet on fiat economy collapse
The former Coinbase CTO Balaji Srinivasan prematurely conceded his defeat in the bet on Bitcoin reaching $1 million by June 17.
As the Fed meeting nears, bearish sentiment weighs on crypto funds
Net outflows from cryptocurrency investment products from 22 to 28 April amounted to $72.1m, compared with $30.4m a week earlier. CoinShares analysts provided the assessment.
Bitcoin network transaction count hits all-time high
On May 1, the daily Bitcoin network transaction count reached ATH at 685,711.
Analysts dispute the influence of ‘old whales’ on Bitcoin’s price
Sell orders by 'new investors' at around the $30,000 level became the main factor in halting Bitcoin's rally. Rumors about Mt.Gox clients' sales, US government actions, and the revival of the 'ancient' 3,200 BTC led only to volatility, Glassnode said.
Nigerian financial regulator to permit asset-backed tokens, while crypto remains banned
The Nigerian SEC plans to allow asset-backed tokens, while cryptocurrencies will remain banned. Bloomberg reports, citing Abdulkadir Abbas, head of the Securities and Investment Services Department at the agency.
Peter Brandt says Bitcoin will dominate other cryptocurrencies
The tech analyst and head of Factor LLC Peter Brandt believes that the first cryptocurrency will soon surpass the other digital assets.
Ray Dalio: Bitcoin holders should be prepared for an 80% drop
The investor and billionaire Ray Dalio told Chris Williamson in a podcast that he owns Bitcoin, but prefers gold.
US Senator Praises Bitcoin and Warns CBDC Launch Would Be Dangerous to Society
The launch of a central bank digital currency (CBDC) would 'extremely dangerous' for society, as it would give the government access to every transaction.
Bitcoin enthusiast cracks seed phrase made from known words in under 30 minutes
A user under the pseudonym Andrew cracked the seed phrase in under 30 minutes and won a reward of 0.001 BTC or about $29.
Blofin Academy: Hong Kong Could Provide Liquidity to Spur Bitcoin Growth
Liquidity tightening despite the imminent end of the Federal Reserve's tightening cycle will continue to weigh on Bitcoin prices. The situation could be changed by Hong Kong's transformation into a crypto hub for the industry, according to Blockfin Academy.
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