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Tag: Crypto regulation

Crypto Contagion: Bank of America downgrades Coinbase to Neutral, COIN down 7%

Bank of America (BofA) has downgraded the shares of Coinbase, a cryptocurrency exchange platform, after the collapse of the FTX cryptocurrency exchange, while warning of contagion risks in the volatile industry. Coinbase told its customers that the company is not exposed to FTX. However, Sam Bankman-failure Fried’s exchange’s continues to impact the whole market. According to Yahoo! Finance, Jason Kupferberg, senior equities...

Coinbase, Crypto regulation, Cryptocurrencies, Front page, FTX, Main, News

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Kevin O’Leary: Idiot managers always get wiped out and that’s okay

Bitcoin is held mainly by individuals, some family offices, and some hedge funds, but in the context of what can be a nothingburger. Is Bitcoin a hedge against inflation? So far it has not worked despite the absence of regulation, as it is not being indexed. It may be a chicken and egg conundrum, and may be more valuable than gold. However, institutions are allowed to own gold, and they own up to five percent of allocations or ETFs that...

Bitcoin, Crypto adoption, Crypto regulation, Cryptocurrencies, Ethereum, FTX, People in crypto

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“I F*cked Up,” Declares FTX’s Founder

According to Sequoia Capital, Bankman-Fried, 30, CEO of FTX crypto exchange, was ready to become the world’s first “trillionaire.” This week, FTX openly crumbled. Three days before, the letter said that “a rival is attempting to use fake information against us,” presumably targeting Binance. Before removing it, he tweeted, “FTX is ok and assets are fine.” Later, the biggest cryptocurrency exchange...

$FTT, Binance, Crypto regulation, Exchanges, Front page, FTX, News

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Here’s Why Everyone In Crypto Market Should Be Paying Attention To Lithuania

Digital assets have increased in both popularity and usage over the last couple of years. Whether it be cryptocurrencies, non-fungible tokens (NFTs), commodities, forex, indices or anything similar, the simple fact is that more people are becoming involved with these assets than ever before. Moreover, with the introduction of new technologies and concepts like blockchain, the metaverse, and Play-to-Earn (P2E), it does not look like this interest...

Blockchain, Crypto regulation, Cryptocurrencies, NFTs, Play to Earn

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G20 will examine cryptocurrency regulations this week

On Monday, the OECD proposed a framework to the G20 designed to improve cryptocurrency transparency on a global scale. When both the new framework and the revised standards are put into place, it may be the end of the “wild west” of cryptocurrencies and the global patchwork of regulations as we know it. The Group of Twenty (G20) is an international forum for economic and financial cooperation among 20 member nations. The G20...

CBDC, Crypto regulation, Crypto world, Cryptocurrencies, Front page, News

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