Asset Manager Sees Bitcoin Price Bottoming out — Says Market Is Mispricing BTC
Fund manager Brian Kelly says that the market is mispricing bitcoin and “when bitcoin gets that mispriced it is the sign of the bottom.” He sees a string of “all…
Goldman Sachs: Bitcoin Is an Alternative Inflation Hedge to Copper, Not Gold
Goldman Sachs’ head of commodities research says bitcoin is more like copper as a hedge against inflation than gold. He explained that they are both “risk-on” inflation hedges whereas gold…
Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’
The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least…
Sweden central bank partners with local bank for CBDC trial
Handelsbanken, considered to be one of the oldest and largest banks in Sweden, has emerged as the first participant in the central bank digital currency trial spearheaded by Riksbank. [...]…
Japan warns derivatives platform Bybit over alleged illegal operations
The Financial Services Agency said Bybit is allowing Japanese residents to register and leverage the exchange, despite not having the proper registration to offer such services in the country. [...]…
Phuong Dinh: Gen Z are a hot prospect for digital currencies
How do you attract the attention of young people in 2021? By offering them digital currency, says Phuong Dinh, entrepreneur and founder of Mijem Inc. [...] Read More... The post…
US court rules against SEC in its quest to access Ripple’s legal advice
A New York judge ruled against the securities regulator’s motion to access the Ripple’s memos through which it sought to prove that the payments company knew XRP was a security.…
