Category Archives: Coins

Paul Tudor Jones Says Crypto Is Winning Race Against Gold

Paul Tudor Jones Says Crypto Is Winning Race Against Gold

Billionaire Paul Tudor Jones spoke about Bitcoin’s role as an investment hedge during his Wednesday appearance on CBNC, claiming that it is currently winning the race against gold: I do think that we are moving into an increasingly digitized world. Clearly, there’s a place for crypto, and clearly, it’s winning the race against gold. Hence, the […]

China Seeks to Tax Bitcoin Exchanges Despite Recent Crypto Ban

China Seeks to Tax Bitcoin Exchanges Despite Recent Crypto Ban

Chinese journalist and blogger Colin Wu, who covers everything to do with the blockchain and crypto industries, has tweeted that an official Chinese tax newspaper, China Tax News, urges the government to impose taxation on virtual assets. However, Wu adds that since all crypto transactions were declared illegal at the end of September, taxing cryptocurrencies would […]

China Seeks to Tax Bitcoin Exchanges Despite Recent Crypto Ban

China Seeks to Tax Bitcoin Exchanges Despite Recent Crypto Ban

Chinese journalist and blogger Colin Wu, who covers everything to do with the blockchain and crypto industries, has tweeted that an official Chinese tax newspaper, China Tax News, urges the government to impose taxation on virtual assets. However, Wu adds that since all crypto transactions were declared illegal at the end of September, taxing cryptocurrencies would […]

BREAKING: Bitcoin Hits New All-Time High, Touches $66,000

BREAKING: Bitcoin Hits New All-Time High, Touches $66,000

Bitcoin, the flagship cryptocurrency, hit a new all-time high of $66,000 on the Bitstamp exchange at 1:45 p.m. UTC. Image by tradingview.com The fresh record high came after ProShares successfully launched the very first Bitcoin futures exchange-traded fund on Oct. 19. As reported by U.Today, it was the second-most-traded ETF on the New York Stock Exchange on […]

BREAKING: Bitcoin Hits New All-Time High, Touches $66,000

BREAKING: Bitcoin Hits New All-Time High, Touches $66,000

Bitcoin, the flagship cryptocurrency, hit a new all-time high of $66,000 on the Bitstamp exchange at 1:45 p.m. UTC. Image by tradingview.com The fresh record high came after ProShares successfully launched the very first Bitcoin futures exchange-traded fund on Oct. 19. As reported by U.Today, it was the second-most-traded ETF on the New York Stock Exchange on […]

Options on ProShares Bitcoin ETF to Start Trading Today

Options on ProShares Bitcoin ETF to Start Trading Today

Cover image via stock.adobe.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

Options on ProShares Bitcoin ETF to Start Trading Today

Options on ProShares Bitcoin ETF to Start Trading Today

Cover image via stock.adobe.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

Tether Responds to $1 Million Bounty, Calling It “Cynical” Stunt

Tether Responds to $1 Million Bounty, Calling It "Cynical" Stunt

Stablecoin issuer Tether has blasted the $1 million bounty announced by New York-based investment firm Hindenburg Research as “cynical” in its response. Aptly named after one of the worst airship disasters in history, Hindenburg is notorious for opening short positions on stocks that it thinks will crash. The firm’s best-known targets include electric carmaker Nikola and sports […]

Tether Responds to $1 Million Bounty, Calling It “Cynical” Stunt

Tether Responds to $1 Million Bounty, Calling It "Cynical" Stunt

Stablecoin issuer Tether has blasted the $1 million bounty announced by New York-based investment firm Hindenburg Research as “cynical” in its response. Aptly named after one of the worst airship disasters in history, Hindenburg is notorious for opening short positions on stocks that it thinks will crash. The firm’s best-known targets include electric carmaker Nikola and sports […]

$2.21 Trillion Investment Manager Pimco Starts Exploring Crypto

$2.21 Trillion Investment Manager Pimco Starts Exploring Crypto

Global investment management firm Pimco plans to start cryptocurrency trading, according to a report by CNBC. During CNBC’s Delivering Alpha conference, Daniel Ivascyn, Pimco’s chief investment officer, said that the $2.21 trillion investment management firm was looking to gradually integrate crypto its business:  Now we’re looking at potentially trading certain cryptocurrencies as part of our trend-following strategies or quant-oriented strategies, then doing more […]