Tag: crypto
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Mohamed El-Erian says bitcoin’s surge holds ‘important messages’ on the future of money and technology for policymakers in Europe and the US
Mohamed El-Erian Bitcoin’s surge shows that lawmakers should view its technology more seriously, Mohamed El-Erian wrote in an op-ed.Adoption by major players indicates the potential of a growing migration away from traditional money, he said.”Too many officials are inclined to look at the cryptocurrency in a rather narrow way. They shouldn’t.”Sign up here for our…
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Bitcoin hits $1 trillion in market capitilisation
By Eric Lam Bitcoin’s market value reached $1 trillion for the first time, a surge that’s helping cryptocurrency returns far surpasses the operation of more traditional assets like stocks and gold.The biggest token has included over $450 billion of worth from 2021 to about $1 trillion, information compiled by Bloomberg show. The Bloomberg Galaxy Crypto…
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PayPal’s finance chief says the company is unlikely to invest in cryptocurrencies, but sees massive potential in digital wallets
Spencer Platt/Getty Images PayPal is interested in making investments that drive growth, rather than investing in cryptocurrencies.But it believes the transition to digital currencies is inevitable and sees massive potential in digital wallets.CEO Dan Schulman told CNBC the company takes its capital allocation “quite seriously.”Sign up here for our daily newsletter, 10 Things Before the Opening…
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Bitcoin’s biggest fans are hedge fund baby boomers
Bitcoin is the best holiday gift for an underperforming hedge fund director. Just ask SkyBridge Capital’s Anthony Scaramucci, who’s diving after his fund of hedge funds submitted its worst annual performance as 2008. That’s going to become a coincidence.Whatever one’s misgivings about the sustainability of this cryptocurrency’s no cost rally — it has doubled in…
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Bitcoin Hotter on Google Trends than Trump and Kim K
Based on Google Trends, the term “Bitcoin” among the most popular at this time in the world ’s major search engine. In fact, it’s ’s now outperforming some of their most frequently popular search terms of the past couple of decades. Interestingly, the internet analysis tools also shines some light into online users’ favorite nomenclature.…
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Binance And Coinbase Will Be “Eaten Alive” If Bitcoin and Crypto Become Mainstream
Banks and other mainstream associations may force major crypto exchanges such as Binance to downsize when they dive right into crypto. This is despite the scale of their present performance that Binance and Coinbase run that seems to be secure. Hate to break it for you, however when crypto is moving mainstream, then 'Big Banks'…
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Nike, Facebook, and Now Jaguar: Big Corporations Turn to Crypto
In a further sign of acceptance for the crypto business, Jaguar Land Rover (JLR) Limited has declared the testing of a crypto payment system. Details released show a wallet which enables users to earn while on the road’s evolution. The system will utilize IOTA, which developers say has the benefits of a zero fee network…