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Tag: Bitcoin

Jerome Powell

Jerome Powell: Crypto Appears To Have Staying Power As An Asset Class

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Federal Reserve Chair Jerome Powell recently made statements acknowledging the staying power of cryptocurrency as an asset class. During his testimony before lawmakers, Powell stated that “crypto appears to have staying power as an asset class”. He also spoke about stablecoins as a form of money, stressing the need for robust federal regulation on digital assets, including payment stablecoins. Market Reaction The cryptocurrency...

Bitcoin, Crypto regulation, Cryptocurrencies, People in crypto

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Blackrock

The Untold Story of BlackRock and Bitcoin

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In a recent Twitter thread by the popular technology and cryptocurrency influencer and popular communicator @Techconcatalina, it was revealed that BlackRock and other major banks have been quietly buying Bitcoin even before an ETF was available. While the SEC was busy accusing Binance and Coinbase, these banks were increasing their exposure to cryptocurrency. 🔸 El sexto banco más grande de Canadá 🇨🇦 COMPRO más de medio millón de dólares en...

Bitcoin, Front page, Main, MicroStrategy, News

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Crypto Market Today – June 20, 2023

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The crypto market is constantly evolving and changing. Today, one of the most important pieces of news is that Asia is laying out a welcome mat for crypto, while the US is barring its door. This means that as the US escalates its crackdowns on digital asset companies, it’s also losing its dominance in crypto — to Asia’s advantage. Another important issue is that the lack of diversification is crippling to the crypto market. Small cryptos often...

Bitcoin, Crypto market, Cryptocurrencies, Ethereum, News

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Blackrock

BlackRock Files for Spot Bitcoin ETF, a First for the U.S.

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BlackRock files for spot Bitcoin ETF Coinbase tapped as custodian If approved, it would be the first publicly traded crypto product of its kind in the U.S. BlackRock Files for Spot Bitcoin ETF Asset management giant BlackRock took the first steps Thursday to launch a spot bitcoin exchange-traded fund (ETF), which has long been a point of contention between crypto advocates and federal regulators. The firm filed an application with...

Bitcoin, Blackrock, Coinbase, ETF, Front page, Main, News

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Crypto Market: June 12, 2023

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Cryptocurrency results are mixed. Some currencies are moving in the green on June 12, 2023.  The world’s largest venture capital firm, Andreessen Horowitz (a16z), decided to open its first office outside of the United States in London because, according to the firm, the British government is willing to develop regulations that support startups’ pursuit of decentralization. In other news, Nigeria’s SEC has ordered Binance...

$ADA, $SUI, Aptos, Bitcoin, Crypto market, Cryptocurrencies, Ethereum, Fantom, Injective, Optimism, Polygon, Toncoin

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