FCA Right to Propose Stop to Marketing Crypto as ‘Inflation Resistant,’ UK Industry Members Say

2023-6-13 10:14

A long-running industry narrative is that limited-supply cryptocurrencies like bitcoin can hold their value against inflation – similar to gold or bonds.

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Why is Bitcoin going up? $26K breached but there is reason for suspicion

Key Takeaways Bitcoin has surged beyond $26,000 as interest rate expectations flip  Inflation reading provides further impetus as investors dream of return to lower interest environment and surging crypto prices There are reasons to be hesitant here, however, writes our Analyst Dan Ashmore Shutdown of three crypto banks will hurt industry, while there has been […] The post Why is Bitcoin going up? $26K breached but there is reason for suspicion appeared first on CoinJournal.

2023-3-15 17:24


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BTC is Best Hedge Against Inflation a Billionaire Claims

Paul Tudor Jones, a global figure in the hedge fund industry, is betting on Bitcoin (BTC) as the best option for hedging against inflation. The billionaire investor has compared bitcoin today to gold in the 1970s Paul Tudor Jones has said his firm Tudor BVI Global Fund is buying bitcoin to hedge against the ‘great more info… The post BTC is Best Hedge Against Inflation a Billionaire Claims appeared first on Coinjournal.

2020-5-9 13:24


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Top Officials at Two Korean Cryptocurrency Exchanges Face Fraud Indictments

Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume.

2019-1-23 00:57