In his recent speech, Bank of Canada Deputy Governor Timothy Lane claims that cryptocurrencies are unlikely to become the money of the future. He called private digital currencies of the likes of Bitcoin “deeply flawed” as a means of payment. Lane states that they are mainly used for criminal purposes: They [cryptocurrencies] are deeply […]
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In his recent speech, Bank of Canada Deputy Governor Timothy Lane claims that cryptocurrencies are unlikely to become the money of the future. He called private digital currencies of the likes of Bitcoin “deeply flawed” as a means of payment. Lane states that they are mainly used for criminal purposes: They [cryptocurrencies] are deeply […]
Contrary to what many might have thought, Elon Musk, the richest man on the planet, doesn’t spend his whole day thinking about Dogecoin. In a recent tweet, the CEO of Tesla and SpaceX addressed mounting criticism about his frequent cryptocurrency tweets, saying that his behavior on Twitter “definitely” doesn’t represent his real-world time allocation: Indeed! […]
Contrary to what many might have thought, Elon Musk, the richest man on the planet, doesn’t spend his whole day thinking about Dogecoin. In a recent tweet, the CEO of Tesla and SpaceX addressed mounting criticism about his frequent cryptocurrency tweets, saying that his behavior on Twitter “definitely” doesn’t represent his real-world time allocation: Indeed! […]
The Bank of New York Mellon Corp., the oldest banking institution in the U.S., is opening its doors to Bitcoin, according to a Feb. 11 report by The Wall Street Journal. The bank will be able to hold and transfer the world’s largest cryptocurrency as well as other digital assets later in 2021. It already […]
The Bank of New York Mellon Corp., the oldest banking institution in the U.S., is opening its doors to Bitcoin, according to a Feb. 11 report by The Wall Street Journal. The bank will be able to hold and transfer the world’s largest cryptocurrency as well as other digital assets later in 2021. It already […]
Bitcoin, the number one cryptocurrency, hit another all-time high of $48,481 at 1:21 p.m. UTC on the Bitstamp exchange. Image by tradingview.com After dipping to the $43,700 level, the cryptocurrency continued its record-shattering rally that was turbocharged by the big Tesla news at the beginning of the week. Coinbase premium Coinbase Pro’s Bitcoin premium went through the roof, […]
Bitcoin, the number one cryptocurrency, hit another all-time high of $48,481 at 1:21 p.m. UTC on the Bitstamp exchange. Image by tradingview.com After dipping to the $43,700 level, the cryptocurrency continued its record-shattering rally that was turbocharged by the big Tesla news at the beginning of the week. Coinbase premium Coinbase Pro’s Bitcoin premium went through the roof, […]
Former asset manager at Goldman Sachs and founder of Galaxy Digital crypto bank, Mike Novogratz, has announced a major milestone for cryptocurrency adoption that has hardly been noticed among other positive news for crypto recently. In particular, he has referred to Mastercard now enabling merchants to accept cryptocurrencies for payment. Image via Twitter Mastercard permits crypto […]
Former asset manager at Goldman Sachs and founder of Galaxy Digital crypto bank, Mike Novogratz, has announced a major milestone for cryptocurrency adoption that has hardly been noticed among other positive news for crypto recently. In particular, he has referred to Mastercard now enabling merchants to accept cryptocurrencies for payment. Image via Twitter Mastercard permits crypto […]