The chairman of investment strategy at JPMorgan says that he was late in recognizing how big the cryptocurrency space would grow and is now taking a deep exploratory dive. In a wide-ranging newsletter, Michael Cembalest discusses topics including Bitcoin (BTC) as a store-of-value, decentralized finance (DeFi), stablecoins…
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The tense border standoff between Russia and Ukraine has seen a new phenomenon- More than half a million dollars has been donated in crypto to Ukraine. The crypto is being used by Ukrainian NGOs and volunteer groups for supplies.  People are increasingly turning to Bitcoin and other…
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Coingeek: Are we in a bear market?

Wednesday, 09 February 2022 14:00
Digital currency prices will continue on their downtrend, with a few bounces in between, at least until the first interest rate hike takes place, Patrick Thompson forecasts. [...] Read More... The post Are we in a bear market? appeared first on CoinGeek.
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Erik Voorhees, outspoken libertarian and Bitcoin OG, slammed central bank digital currencies during an appearance on Decrypt’s gm podcast.
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Wells Fargo Investment Institute’s global investment strategy team stated that it is not too early to invest in cryptocurrency. However, clearing regulatory hiccups might create “higher-quality investment options” in the coming years. The research division of Wells Fargo Wealth and Investment Management released a report highlighting the…
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Stocks leveled out after major sell-off as investors prepared for rate hikes. Are further sell-offs to come or have rate hikes been priced in? The post Market Recap: Stocks Hold Steady While Bitcoin and Ether Soar appeared first on Blockworks.
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Billionaire Vladimir Potanin believes Russia’s financial future is in a central bank digital currency—and the tokenization of real-world assets.
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The rapid integration of digital assets with the current financial system could pose significant risks, according to the FDIC.  The post FDIC includes evaluating crypto risks on 2022 priorities list appeared first on The Block.
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Japan’s largest bank, the trust banking arm of Mitsubishi UFJ, will issue a stablecoin pegged to the yen. The bank wants to popularize digital securities, improving settlement times and reducing costs. The post Japan’s Largest Bank to Issue Stablecoin Pegged to Yen appeared first on BeInCrypto.
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Although Nigeria has banned banks from facilitating cryptocurrency transactions citing the need to protect the economy and investors, peer-to-peer (P2P) transactions are still up 16% within a year. Despite the CBN ban, Nigeria Bitcoin P2P trades rose by 16% According to crypto platforms like Paxful and Localbitcoins,…
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