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“# Is the bottom in? Data shows Bitcoin derivatives entering the ‘capitulation’ zone ” Analysts love to issue price predictions and it seems that 9 out of 10 times they are wrong. For example, how many times did analysts say “we will never see Bitcoin back at X price again,” only to see it plunge…
“# U.S. Congressman calls for ‘Broad, bipartisan consensus’ on important issues of digital asset policy ” In a letter to the leadership of the United States House Financial Services Committee, ranking member Patrick McHenry took a jab at “inconsistent treatment and jurisdictional uncertainty” inherent in U.S. crypto regulation and called for the committee to take…
“# Kanye West wants royalties from Paparazzi photos, with the help of NFTs ” Kanye West expressed his frustration at the paparazzi after being filmed arriving at Miami International Airport on Monday, as seen in a video posted by ET Canada. Kanye can be heard saying to the cameraman: “It’s just really one-sided. You guys…
“# Why crypto industry needs venture capital: Q&A with veteran investor ” Traditional funding in the crypto space was once considered useless. After all, the industry itself offers different, controversial, but nonetheless, ways to fund a project – initial coin offering (ICO), initial exchange offering (IEO) and the current darlings of offerings – launchpads and…
“# Amex CEO hints at exploring ways to allow credit card holders to redeem points for crypto ” American Express credit card holders may one day be able to redeem points for cryptocurrencies, but the company has no immediate plans to issue a crypto-linked credit card. In a Tuesday interview with Yahoo! Finance, Amex chief…
“# Russian finance ministry official calls for crypto regulation, not restriction ” In surprising comments made by the Russian director for financial policy, Russia could be softening its stance toward crypto. Ivan Chebeskov, a director within the Ministry of Finance, has come out in support of regulating crypto rather than banning it. His support is…
“# Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions ” Indonesia’s financial watchdog the Otoritas Jasa Keuangan (OJK) warned financial institutions in the country against offering or facilitating crypto-asset sales. On Tuesday, the official Instagram account for OJK posted a warning against the growing number of crypto Ponzi schemes and risks…
“# McDonald’s jumps on Bitcoin memewagon, Crypto Twitter responds ” Prominent crypto entrepreneurs and supporters, who shared memes on Twitter about doing odd jobs amid an ongoing market crash, were joined by global fast-food giant McDonald’s — the brand infamously linked with temporary Bitcoin (BTC) market crashes. BTC price saw a steady downfall ever since…
“# Boom or bust? Is there a way for Bitcoin price to hit $100K in 2022? ” The internet is filled with Bitcoin (BTC) price forecasts. For example, some analysts believe that the flagship crypto will hit $1 million per coin in the next 10 years, while others think BTC price will eventually drop to…
“# Cardano projects SundaeSwap and CardStarter squabble over failed promises to investors ” The ongoing drama between two projects built on the Cardano (ADA) blockchain escalated across multiple social media platforms Monday, much to the dismay of the ADA community. The issues began in April when accelerator program CardStarter announced it would launch its own…