Tag Archives: Coin market Cap

Bitcoin Might Fade Out Of Existence, Warns Academic

Prasad stated that Bitcoin’s lack of efficiency and its inability to facilitate exchange as a mode of payment will be the reason for its downfall. The future of Bitcoin is hard to predict, but Eswar Prasad, an international trade policy professor at Cornell University has warned that the world’s most popular cryptocurrency could fade out in the near future. In …

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Pakistanis Own $20 Billion in Crypto, Report Reveals

In the absence of regulations, people in Pakistan have invested a serious amount of money in digital assets. New research claims Pakistanis keep some $20 billion in cryptocurrency, allegedly more than what their central bank has in foreign reserves.   Government Urged for Regulations as Study Shows Pakistanis Hold $20 Billion in Cryptocurrency The Pakistani nation owns more cryptocurrency than …

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Dravid Deadbats Questions About Kohli-Ganguly SagaIn

The Twitter interaction between the Grammy Award-winning rapper and the tech billionaire about crypto usurping the dollar prompted plenty of reactions on Twitter In a recent Twitter exchange, with Grammy award-winning rapper Cardi B, former Twitter CEO Jack Dorsey said on Tuesday that Bitcoin will replace the US dollar. Cardi B asked on Twitter if crypto would replace the US …

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Turkish President Erdogan Says Cryptocurrency Law Is Ready as Crypto Regulator Fines Binance 8 Million Lira

Turkey’s President Recep Tayyip Erdoğan reportedly announced that the country’s cryptocurrency law “is ready” and will be submitted to parliament “without delay.” Meanwhile, Turkey’s Financial Crimes Investigation Board (MASAK), which oversees crypto exchanges, has reportedly fined Binance Turkey over violations found during liability inspections. Turkish Cryptocurrency Law ‘Is Ready Turkish President Recep Tayyip Erdoğan said at a meeting with journalists …

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How Coinbase Rode Crypto’s Inflection Point’ To A Rocky But Momentous Year

The company’s stock rode a euphoric wave that reflected the frothiness of digital coins, where Bitcoin’s (BTC-USD) price was setting record after record. Coinbase’s stock briefly touched $429 in its debut, briefly pushing its market value over $100 billion before it came back to earth.     The momentous rise and precipitous drop from Coinbase’s debut price says a lot …

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El Salvador President Says Dollar Is Dead ? Bitcoin Is Future

BTC News 2021

The President of El Salvador, Neb Bekele, once again declared his love for Bitcoin to the public. In his tweet, Bekele boldly declared that the days of fiat money may soon be over and that Bitcoin is the “real revolution” the world is currently experiencing. Bekele also mentioned that El Salvador is leading the Bitcoin era.   Speaking on Twitter, …

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Crypto Custody Firm Anchorage Raises $350M Funding at $3B Valuation

Anchorage-Founders-15dec-2021

The Series D funding round was led by global investment firm KKR and included Goldman Sachs, Alameda Research and Andreessen Horowitz. Anchorage Digital closed a $350 million funding round, valuing the cryptocurrency custodian at more than $3 billion. The Series D funding round was led by global investment firm KKR and included Goldman Sachs, Alameda Research and Andreessen Horowitz, among …

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Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift Is Priced In

Bitcoin Market 15 dec 2021

A major risk reduction event has already taken place, leaving the door open for a classic “real buy” transaction following the Fed’s decision.   Bitcoin seems to have swallowed the recent devaluation of the US Central Bank’s anti-inflation policy with a significant decline in recent weeks. Analysts say the cryptocurrency could see a bearish rally after the Fed’s decision on …

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