Category: United States
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Treasury Secretary nominee says crypto has potential to improve the financial system
Janet Yellen added that she planned to encourage the use of digital assets for “legitimate activities.”
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While China’s CBDC sets the pace, the yuan stumbles in usage abroad
The past two years were much harder on the dollar, however.
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BitMEX operator joins digital finance standards and advocacy organization
BitMEX’s parent company has joined Global Digital Finance, or GDF, a major industry association advocating for the adoption of digital assets.
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Guggenheim CIO expects Bitcoin to drop to $20,000
Guggenheim Partners’ Scott Minerd now expects Bitcoin to drop to $20,000 after predicting a $400,000 long-term price target a month ago.
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Nebraska senator introduces bills to allow state banks to custody crypto
“We need to be a leader in FinTech,” said State Senator Mike Flood.
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US crypto regulations will return Bitcoin to its digital cash origins
The inconvenience of using Bitcoin directly may soon be dwarfed by the headache of moving it on and off exchanges.
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Another court applies the Howey investment contract analysis to crypto
The ruling on the motion to dismiss in the SEC v. NAC case indicates that the SEC still has crypto sales in its crosshairs in 2021.
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French Programmer Sent Bitcoin Donations to Far-Right Activists Who Participated in the US Capitol Riots
A crypto forensic analysis reveals that a French donor sent over $500,000 worth of bitcoin (BTC) to far-right activists in the United States. The half-million dollars went to the groups that took part in the pro-Trump riots in the U.S. Capitol. Alt-Right Personalities and Websites Are Included on the List of Recipients According to Chainalysis,…
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Crypto Mining Hardware Manufacturer Whatsminer Plans to Launch Public Offering in the US
One of the world’s biggest bitcoin mining machine manufacturers is preparing to go public in the United States. China-based Whatsminer is reportedly looking to obtain additional funds to buy Samsung chips with the initial public offering (IPO). Whatsminer’s Revenue Could Hit $1 to $2 Billion in 2021 According to Chinese media outlets and Asian journalist…
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Survey: The Number of US Financial Advisors Allocating to Crypto in Client Portfolios Jumped 49% in 2020
A survey reveals that the number of U.S. financial advisors allocating to crypto in their clients’ portfolios surged significantly from 2019. The figures show that it rose 49% in 2020, from 6.3% to 9.4%. A Vast Majority of the Advisors Also Have Personal Crypto Investments According to the San Francisco-based asset management firm Bitwise, 58%…