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Why FED Chairman thinks Bitcoin is a substitute for gold

In the Bank of International Settlements Innovation Summit, the U.S. Federal Reserve Chairman Jerome Powell referred to cryptocurrencies and their position next to the dollar. For Powell, assets such as Bitcoin present very high fluctuations in their price and have no “underlying valued”, a position familiar to the official: Crypto assets are highly volatile — […] дальше »

2021-3-23 21:54


Trump's former economic advisor explains why Bitcoin is not a 'reliable store of value'

On its way down, the price of Bitcoin often comes across many bearish sentiments claiming why the asset should not be trading high in the first place. In one such outlook, economic advisor to former PThe post Trump's former economic advisor explains why Bitcoin is not a 'reliable store of value' appeared first on AMBCrypto. дальше »

2021-3-17 00:30


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Blackrock Executive Says Gold Now Less Effective Hedge Against Inflation

A portfolio manager and member of Blackrock’s Global Allocation Fund says gold is now a less effective hedge against inflation as well as moves in other assets such as stocks. In comments that appear to undercut the precious metal’s renowned status, Russ Koesterich claims that “gold’s ability to hedge against inflation has been somewhat exaggerated.” […] дальше »

2021-3-13 13:30


Lien Protocol Brings Crypto-Native Options to Binance Smart Chain

Lien to create a Crypto-Native Option protocol using Binance Smart Chain, BNB Option now available via “Lien on BSC”. 12th March 2021, Lien Finance, a decentralized platform on Ethereum, uses blockchain technology and smart contracts to create varieties of options out of ETH including call options, put options, and exotic options such as the butterfly […] The post Lien Protocol Brings Crypto-Native Options to Binance Smart Chain appeared first on NullTX. дальше »

2021-3-13 11:10


Komainu closes $25 million in Series A fundraising, to expand institutional custody services

Regulated digital asset custody startup Komainu closed a $25 million Series A fundraising led by Alan Howard of Elwood Asset Management, with additional participants such as Galaxy Digital, NOIA CapitThe post Komainu closes $25 million in Series A fundraising, to expand institutional custody services appeared first on AMBCrypto. дальше »

2021-3-9 20:30


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Nigeria to Pay 1.2 Cents for Each Dollar Remitted to the Country to Combat Cryptocurrency Use

The Central Bank of Nigeria (CBN) has announced a scheme that seeks to boost international remittances as well as to encourage the use of official corridors when retrieving funds. The CBN’s move to incentivise recipients follows the plummeting of the country’s official remittances inflows as recipients opt for non-traditional corridors such as cryptocurrencies. Declining Remittances […] дальше »

2021-3-9 15:00


NYDIG raises $200 million from strategic partners to work toward Bitcoin-focused initiatives

New York Digital Investment Group (NYDIG) today raised $200 million in a growth capital round led by the firms’ investors and partners such as Stone Ridge, Morgan Stanley, New York Life, Mass MutualThe post NYDIG raises $200 million from strategic partners to work toward Bitcoin-focused initiatives appeared first on AMBCrypto. дальше »

2021-3-9 21:00