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Goldman Sachs CEO Issues Warning Against Bitcoin

January 26, 2021 | By | Reply | 0 Readers More
Goldman Sachs CEO Issues Warning Against Bitcoin

Goldman Sachs senior chairman, Lloyd Blankfein, stated that regulators should be concerned about the recent Bitcoin rally Yesterday, the CEO of Goldman Sachs argued that Bitcoin presents an obstacle to financial regulators looking to monitor the sector. He explained that regulatory bodies might soon be incapable of managing the finance sector if they allow the […]

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Reason For Bitcoin’s Dump? Miners Realize Profits Since BTC Hit $42K

January 26, 2021 | By | Reply | 3 Readers More
Reason For Bitcoin’s Dump? Miners Realize Profits Since BTC Hit $42K

Bitcoin has been in somewhat of a slump over the past few days as the price doesn’t seem to be able to kick-off and reclaim the previous highs. One possible reason for this could be the fact that bitcoin miners have been realizing profits since the price hit its all-time high at $42,000, according to […]

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Chinese Central Bank Governor Signals USD 37B Ant IPO May Still Happen

January 26, 2021 | By | Reply | 9 Readers More
Chinese Central Bank Governor Signals USD 37B Ant IPO May Still Happen

Alibaba boss Jack Ma. Source: a video screenshot, Youtube, Viva Technology What was set to become the biggest initial public offering (IPO) in the world – the floating of Chinese business giant Alibaba’s fintech and blockchain arm Ant Group – could well be back on at some point in the future, the nation’s central bank […]

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Bitcoin Bull Chamath Palihapitiya Running for California Governor

January 26, 2021 | By | Reply | 6 Readers More
Bitcoin Bull Chamath Palihapitiya Running for California Governor

Chamath Palihapitiya, the CEO and founder of Social Capital, will be running for the seat of the next Governor of California. He is a well-known Bitcoin bull and proponent who’s outlined on multiple occasions that BTC is an important part of everyone’s investment portfolio. Running for California Governor Chamath Palihapitiya confirmed today that he will […]

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Bitcoin Price Analysis: Another Retest, Will Support Break and Push BTC Back To $26,000?

January 26, 2021 | By | Reply | 9 Readers More
Bitcoin Price Analysis: Another Retest, Will Support Break and Push BTC Back To $26,000?

Another Black Monday: Bitcoin dropped by a steep 9% after failing to overcome resistance at $34K – $35. As of writing these lines, the drop recorded a daily low at $31,130 earlier this morning, according to Bitstamp. This doesn’t happen for the first time – the primary cryptocurrency found support, provided by a short-term rising […]

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Goldman Sachs’ Senior Chairman Questions Bitcoin as a Store of Value

January 26, 2021 | By | Reply | 13 Readers More
Goldman Sachs’ Senior Chairman Questions Bitcoin as a Store of Value

Goldman Sachs’ senior chairman Lloyd Blankfein urged regulators to up their game in accordance with bitcoin’s recent success. Additionally, he admitted that BTC could work, but it needs to address several problems before receiving mass adoption as a medium of exchange or a store of value. BTC’s Challenges Ahead As the primary cryptocurrency added over […]

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Bank of England: Current Cryptocurrencies are Unlikely to Last

January 26, 2021 | By | Reply | 11 Readers More
Bank of England: Current Cryptocurrencies are Unlikely to Last

The current frenzy in the crypto sphere has instigated arguments surrounding bitcoin’s capacity to replace fiat currency, and notable individuals in the conventional banking sector have recently expressed their opinions on the subject. Central Bank executives Weigh in on the Future of Crypto About two weeks ago, the president of the European Central Bank, Christine […]

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Rothschild Investment Corporation Increases Its Bitcoin (GBTC) Holdings to $1 Million

January 26, 2021 | By | Reply | 13 Readers More
Rothschild Investment Corporation Increases Its Bitcoin (GBTC) Holdings to $1 Million

The Chicago-based company has increased its position to GBTC by about 24% from October to late December, according to a recent filing with the US Securities and Exchange Commission. The financial institution now owns 30,454 GBTC shares. Founded in 1908 in Chicago, Rothschild Investment Corporation is a registered financial brokerage, dealer, and a member of […]

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Bitcoin Plunges Towards $30K: Market Cap Looses $80 Billion In A Day (Market Watch)

January 26, 2021 | By | Reply | 14 Readers More
Bitcoin Plunges Towards $30K: Market Cap Looses $80 Billion In A Day (Market Watch)

After another false breakout, bitcoin has retraced once again and struggles to maintain above $31,000. Most alternative coins have followed the move south, and the total market cap has lost about $80 billion since yesterday. Bitcoin Fails At $35K The primary cryptocurrency has seen better days as it has lost about 15% in just a […]

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Harvard and Yale Endowments Reportedly Buying Crypto

January 26, 2021 | By | Reply | 14 Readers More
Harvard and Yale Endowments Reportedly Buying Crypto

Numerous large U.S. endowments from universities including Harvard, Yale, Brown University, and the University of Michigan have been buying crypto currency on exchanges according to reports. University endowments are traditionally comprised of money or other financial assets such as crypto that are donated to academic institutions. The report, featured on Bloomberg, stated that Coinbase mentioned […]

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