Bitcoin: There is no crypto winter on Portugal’s “Bitcoin Beach”

The bitcoin bar of Bam Bam Beach, on an uncrowded beach in southwestern Portugal, is the meeting place. To get there, you pass a marina, oceanfront hotels, and condos, then park near a sleepy seafood restaurant and walk a wooden path that crosses a sand dune. Yellow bitcoin flags are waving in the wind. Cryptocurrency … Read more

Pre-market stocks: is the bitcoin winter starting to thaw?

A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a subscriber? You can subscribe right here. You can listen to an audio version of the newsletter by clicking on the same link. New York CNN business – It has been a cold and harsh winter for cryptocurrencies. But signs … Read more

Pre-market stocks: is the bitcoin winter starting to thaw?

A version of this story first appeared in CNN Business’s Before the Bell newsletter. Not a subscriber? You can subscribe right here. You can listen to an audio version of the newsletter by clicking on the same link. New York CNN business – It has been a cold and harsh winter for cryptocurrencies. But signs … Read more

Equities, Bitcoin could see all gains from 2020 wiped out by the end of the year, says Gareth Soloway

(Kitco News) – Stocks, cryptocurrencies and gold plummeted on Friday as the US dollar rose amid growing recession fears. On Friday, the S&P 500 fell 1.7% as the market closed, bitcoin fell 1.1%, and gold fell 1.7%. The pain isn’t over for risk assets yet, said Gareth Soloway, Chief Market Strategist at InTheMoneyStocks.com and co-founder … Read more

Nassim Taleb calls Bitcoin a “tumor” attributable to low interest rates

Author and risk analyst Nassim Nicholas Taleb targeted cryptocurrency in a recent TV interview, arguing that the continued relevance of Bitcoin and other blockchain assets was a monetary policy accident that caused many assets to be overvalued. Speaking at CNBC’s Squawk Box, the famous probability philosopher reiterated his belief that Bitcoin should be valued at … Read more

After raising $ 40 million, African Bitcoin Exchange yellow card seeks “unicorn status by the end of 2023”

The management of the yellow card Yellow paper Pan-African cryptocurrency exchange Yellow Card Financial has announced the closure of $ 40 million in Series B funding to fund its growth plans. This comes just a year after the blockchain startup announced its Series A funding. Vital detail Blockchain venture capital firm Polychain Capital led the … Read more

“Crypto King” has luxury cars seized after the disappearance of 35 million dollars

Aiden Pleterski, 23, “Crypto King” appeared in a paid article on the far-right website The Daily Caller, purchased in December 2021.Screenshot: Daily caller Five luxury cars, including two BMWs, two McLarens and a Lamborghini, were seized from 23-year-old Aiden Pleterski, Canada’s self-described “cryptocurrency king”, during bankruptcy proceedings according to a new report from the CBC. … Read more

President Biden gives Crypto a bitter taste of what lies ahead

The cryptocurrency industry had asked for the menu. But based on the starter, he’s not sure he’ll like the main dish. The White House has just released its first ever comprehensive framework for regulating the young financial services industry, the hallmark of which is the elimination of both intermediaries and centralized entity control. The guidelines … Read more

Why is the cryptocurrency market crashing today? Bitcoin loses 6%, Ethereum drops 8%

Cryptocurrency markets are in a bloodbath on Monday due to global macroeconomic conditions. The market is struggling to maintain its $ 900 billion valuation. Investors remained cautious as they awaited the US Fed’s monetary policy outcomes amid soaring inflation. The cryptocurrency leader Bitcoin fell to a three-month low, while Ethereum plummeted more than 8% on … Read more