Author: admin
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‘Bond King’ Jeffrey Gundlach: Stock Market Will Crack Pretty Hard, Bitcoin Good Inflation Hedge
Doubleline Capital’s CEO, the billionaire “bond king” Jeffrey Gundlach, has predicted that the stock market is going to “crack pretty hard.” While he is bearish on the stock market and long-term bonds, Gundlach says bitcoin and gold are good for hedging against inflation. Jeffrey Gundlach Discusses Stock Market Outlook, Gold and Bitcoin Billionaire fund manager…
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$1.63B in Bitcoin purchases is powering the majority of Square’s Q3 revenues
Bitcoin is powering a Fintech giant’s revenues for this quarter, data released on Thursday showed. Cash App, the American financial services company that operates Bitcoin purchase app Square, reported in a US SEC filing yesterday that its Bitcoin business outnumbered any other purchases made in the third quarter of 2020. The mobile app functions as…
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As Bitcoin Surges, Google Searches Suggest Little FOMO Among Retail Investors
Web search data suggests popular interest in bitcoin remains at normal levels, despite a sharp price rally to near $16,000.
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Binance’s DeFi index crashes 60% as Bitcoin overshadows altcoins
Binance’s DeFi Composite Index has been hit hard by the abrupt drop of the DeFi sector, down around 60% since early September.
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Financial Advisors, Bitcoin Is the Next Amazon
Bitcoin still has its fair share of doubters. So did Amazon at one time.
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South Korean Crypto Firms Must Disclose Users’ Identities Under Planned Law Change
South Korea’s top financial watchdog wants legal changes making it mandatory for cryptocurrency firms to report the names of customers.
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Tether market cap surpasses $17 billion, fueling Bitcoin price rally
Bitcoin’s new highs come amid lots of new money pouring in via stablecoins.
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Fed calling for more stimulus is ‘code for buy Bitcoin,’ says Winklevoss
Jerome Powell says Congress should agree further fiscal stimulus as U.S. public debt tops $27.2 trillion.
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South Korea To Ban Crypto Exchanges From Handling Privacy Coins
South Korea is to ban crypto exchanges from handling digital assets it considers “dark coins”. Regulator Financial Services Commission (FSC) is specifically targeting privacy coins such as dash, monero and zcash. ● The ban is with effect from March 2021. In an update to crypto regulations under the Special Payments Act, the FSC accuses privacy…
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Sygnum Bank Now Stores Digital Assets With Taurus Group
Taurus Group has taken on licensed Swiss bank Sygnum as the latest client for its digital asset custody services.