Peter Schiff says BTC worthless, going to zero

Peter Schiff, an outspoken opponent of BTC, holds on to the belief that the value of the most popular cryptocurrency will one day be equal to zero.  дальше »

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Contagion from SVB’s collapse highlights need for banking system resilience, says Fed official

FDIC guarantees all deposits but investors suffer losses in SVB and Signature failures, with Basel III endgame reforms crucial to enhancing the banking system’s resilience, says a Fed official. дальше »

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XRP Is A Buy At Current Prices, Says John E. Deaton

The SEC vs. Ripple case is drawing to its end, sparking diverse predictions and speculations. Recall that the case has dragged on since 2020, with the commission seeking to categorize XRP under Securities. дальше »

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Is Bitcoin Undervalued Or Overvalued? Here’s What NVM Ratio Says

The Bitcoin Network Value to Metcalfe (NVM) ratio has hit a high of 0. 75 recently. Here’s what this tells us about the current BTC market. Bitcoin NVM Ratio Has Been Riding An Uptrend Recently As pointed out by an analyst in a CryptoQuant post, the NVM ratio is currently at a 7-month peak. дальше »

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Crypto venture firm founder says banking crisis makes crypto bullish

According to Chris Burniske, a crypto expert and investor, the banking crisis is good for cryptos as it highlights the need for alternate money and payment methods, driving up demand for coins. Chris Burniske, the co-founder of Placeholder, spoke out… дальше »

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Prominent Analyst Says Cryptocurrency Is Stronger Than Ever, Here's Why

Chris Burniske is as bullish as ever, and here are reasons дальше »

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Animoca Denies $200M Metaverse Fund Cut

Animoca co-founder Yat Siu says that the company is pursuing its original plan to raise a metaverse fund.   Venture Capital firm Animoca Brands has denied reports that its metaverse fund is being slashed to $800 million. дальше »

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Crypto Lender Kokomo's Developers Used Wrapped Bitcoin for $4M ‘Exit Scam,’ Security Firm Says

All social media presence was deleted and Kokomo tokens fell 95%. дальше »

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First Citizens to Buy Silicon Valley Bank's Deposits, Loans in $55.5B Agreement With FDIC

Federal Deposit Insurance Corporation says the 17 former branches of Silicon Valley Bank will re-open as First Citizens Bank & Trust Company on Monday, March 27. дальше »

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Tech Giant Nvidia Says Crypto Adds Zero Benefits to the World

In a recent interview with the Guardian, Nvidia's Michael Kagan expressed his doubts about the value of cryptocurrencies in society дальше »

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Nvidia executive says crypto is useless, backs ChatGPT and AI

Michael Kagan, the chief technology officer of Nvidia, the chipset manufacturer, thinks cryptocurrencies are “useless” to society дальше »

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Cathie Wood grills Hindenburg for ‘wildly misleading’ investors and buys Block shares

Wood says Hindenburg’s recent short report on Block was ‘wildly misleading’. She bought more than 600,000 shares of the crypto company late last week. Block shares are down well over 30% versus their year-to-date high at writing. дальше »

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Bitcoin is 1 week away from 'confirming' new bull market — analyst

BTC price action is copying historical patterns to deliver a classic Bitcoin bull market comeback, says Rekt Capital.

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Coinbase CEO Says Morale Soared After SEC Wells Notice

As the crypto community responds with a mix of support and skepticism, the future of Coinbase hangs in the balance as it navigates the regulatory landscape amidst this ongoing investigation дальше »

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Self-Proclaimed Satoshi Craig Wright Attacks Tether Stablecoin, Says It Is 'Dead Coin Walking'

Co-founder of BSV Craig Wright has slammed Tether in wake of recent SEC moves дальше »

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Custodia Bank’s membership denied for ties with crypto markets, says US Fed

The United States Federal Reserve released an 86-page report on March 24 detailing the reasons for denying Custodia Bank’s application for membership. дальше »

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Federal Reserve Slams Custodia Bank, Says it Endangers Crypto Industry and Itself

The Feds has defended why it rejected Custodia's application, while the bank countered that the financial regulator is biased against crypto. The post Federal Reserve Slams Custodia Bank, Says it Endangers Crypto Industry and Itself appeared first on BeInCrypto. дальше »

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Tether’s Paolo Ardoino says BTC could retest its all-time high amid the banking crisis

Tether’s chief technology officer (CTO) Paolo Ardoino in an interview with CNBC said that Bitcoin could retest its all-time high amid the current banking crisis. Bitcoin reached an all-time high above $69,000 on November 10, 2021, before embarking on a bearish trend that saw it test $15,000 towards the end of 2022. дальше »

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Federal Reserve bars Custodia, says operations inconsistent with the law

The board of governors of the Federal Reserve System, better known as the Fed, has officially confirmed that they denied Custodia their application to be part of its network дальше »

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Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains

The banking crisis is a catalyst for the next crypto bull run, in which Bitcoin will likely outperform all crypto assets, says Bloomberg analyst Mike McGlone. дальше »

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Federal Reserve Says Custodia’s Plans Would Endanger Itself and the Crypto Industry

The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order explaining its denial of the Wyoming-based crypto bank’s application for membership. дальше »

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Former SEC Branch Chief Explains Why U.S. Has Jurisdiction in Do Kwon Case

Lisa Braganca says the Terraform Labs founder and his team knowingly reached out to U.S. investors, despite being based in Singapore. дальше »

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Regulatory Pressure Did Not Shut Down Privacy Tool, Aztec Founders Say

Despite U.S. efforts to sanction Tornado Cash and other crypto privacy tools, Aztec says it shut down its Ethereum zero-knowledge tools for “commercial” reasons. дальше »

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Crypto liquidity levels are low, analyst says

A market analyst, Conor Ryder, CFA, recently explored the liquidity state of the crypto markets. Parameters like market depth, spreads, slippage, and volumes helped expose the liquidity problem.  Post-FTX-implosion liquidity gap not resolved Under market depth, the analyst realized that… дальше »

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Ripple Welcomes Back Ethan MacBrough, Ex-Coil Lead Scientist

As Web3 monetization platform by Ripple's former CTO ceased operations, its lead scientist is back to Ripple, Emi Yoshikawa says дальше »

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$119M in Stolen Crypto So Far in 2023, NFT Rug Pulls on the Rise: Crystal Blockchain

DeFi protocols have been hackers’ favorite targets since 2021. Now they’re preying on NFT projects too, a blockchain intelligence firm says. дальше »

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Coinbase CEO says SEC’s notice wasn’t entirely unexpected

Coinbase disclosed a Wells Notice from the US Securities and Exchange Commission (SEC). A Wells Notice usually comes before an enforcement action. Coinbase CEO Brian Armstrong says the company isn’t surprised with the SEC’s move. дальше »

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Ripple CTO Trolls Elon Musk for His Love of Memes, Here's How

Cofounder of XRP Ledger says that he is 'equal opportunity mocker,' that is why he picked Tesla boss дальше »

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Bitcoin (BTC) May Hit $1 Million, BitBoy Says, Here's When

Notorious crypto YouTuber BitBoy says that Bitcoin may hit $1 million, but certainly not within 90 days, as suggested recently дальше »

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USDT issuer Tether has up to $1.7B in excess reserves, CTO says

Tether CTO Paolo Ardoino believes that USDT is becoming the “safest asset to hold in the world” amid the banking crisis.

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Famous Crypto Hater Peter Schiff May Buy Thousands of Bitcoin (BTC) for This Specific Reason

I may buy few thousand Bitcoin (BTC), says prominent financial expert дальше »

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DeFi Protocol ROOK ‘Gagged’ From Sharing Roadmap by Clients, CEO Says

“We’re bound by the will of the order flow providers,” the pseudonymous CEO Hazard said on a community governance call. дальше »

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DeFi Protocol ROOK ‘Gagged’ From Sharing Road Map by Clients, CEO Says

“We’re bound by the will of the order flow providers,” the pseudonymous CEO Hazard said on a community governance call. дальше »

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Metaverse NFT Volume Tops $300 Million This Year, Says Report 

Yuga Labs' Otherdeeds accounted for most metaverse NFT sales in 2023 with $222 million in trading volume. The post Metaverse NFT Volume Tops $300 Million This Year, Says Report  appeared first on BeInCrypto. дальше »

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Block shares down as Hindenburg takes aim at the crypto company

Hindenburg Research reveals a short position in Block Inc. Block says it’s exploring legal action against the short seller. Wall Street has a consensus overweight rating on Block shares. Shares of Block Inc are trading 15% down on Thursday after Hindenburg Research revealed to have taken a short position in the financial technology company. дальше »

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Metaverse NFT Trading Volume Hit New All-Time High, DappRadar Says

Virtual land trading spiked this past quarter with 147,000 trades generating $311 million in trading volume, according to a new report. дальше »

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Hindenburg Research reports Block short position, claiming fraud facilitation and inflated metrics

“Block has wildly overstated its genuine user counts and has understated its customer acquisition costs,” says the report.

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Just Saying No to Digital Dollars Means Cementing the Surveillance Status Quo

Political attacks on CBDCs gives a pass to existing government and commercial oversight of financial transactions, says Christopher Giancarlo, cofounder of the Digital Dollar Project. дальше »

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Banking turmoil pushes crypto to ‘no oversight,’ says Circle CEO

Crypto firms that have had the strongest position with United States regulation are now considered “unsafe,” Circle CEO Jeremy Allaire stated. дальше »

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Tron founder Justin Sun says SEC complaint lacks merit

Tron (TRX) founder Justin Sun said the United States Securities and Exchange Commission (SEC) charges against him lacked merit. The post Tron founder Justin Sun says SEC complaint lacks merit appeared first on CryptoSlate. дальше »

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Aussie crypto exchange hints interest in Hong Kong base, but it’ll depend

The CEO of Independent Reserve says Hong Kong's "friendly" licensing regime makes it a worthy destination to set up shop, but there are other factors to consider. дальше »

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‘How did this happen’ — Powell says Fed stumped over the collapse of SVB

In a post-FOMC meeting on March 22, the chairman of the Federal Reserve said his “only interest is that we identify what went wrong here.” дальше »

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First Mover Asia: Blockchain-Enabled SIM Card for Crypto Investors Fuels Conflux Growth; Bitcoin Holds Near $27.3K After Fed Decision

ALSO: The SIM card offers the security of a hardware crypto wallet but with more convenience, says Conflux’s chief technology officer in a Q&A with CoinDesk's Shaurya Malwa. дальше »

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Adopting CBDC could destabilize banks, help households, US Treasury study says

When integrated into the economy, a central bank digital currency or stablecoin would compete with bank deposits to the public benefit, at least until a financial crisis. дальше »

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Kraken to Suspend ACH Deposits and Withdrawals Following Silvergate Shutdown

The exchange says no other services will be affected by this change. дальше »

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ARK’s Cathie Wood Says Bitcoin’s Upsurge As Global Banks Roil Will Attract New Institutional Investors In Droves

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In Defense of a Digital Dollar

Fears about mass financial surveillance are real with CBDCs, but banning them, as Republicans have recently proposed, will not help. Instead, more research is needed, says Ananya Kumar. дальше »

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Gov. Ron DeSantis, Privacy and the Politicization of the Digital Dollar

The putative presidential candidate’s plan to ban a CBDC at state-level is unworkable constitutionally. But it’s still worrying for the future of money in the U.S., says JP Schnapper-Casteras. дальше »

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deVere Group CEO says Fed’s “Big Decision” on rate hikes was really no decision at all

The US Federal Reserve just raised its interest rate, announcing a 25 basis point hike on Wednesday afternoon. With this, the Fed has pushed the federal funds rate to the 4. 75%-5% range, its highest level since October 2007. дальше »

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Bitcoin price whipsaws as Fed says rate hikes may not be ‘appropriate’

Bitcoin sees swift fluctuations after the Fed hikes 0.25%, but Chair Jerome Powell hints that policy may now change.

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